IG vs Pepperstone
Can't decide between IG and Pepperstone? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 10, 2026
Executive Summary
IG and Pepperstone are both well-established forex brokers, but they serve different types of traders. IG scores 99/100 in our TrustMetrics™ system, edging ahead of Pepperstone's 95/100.
On pricing, Pepperstone offers tighter EUR/USD spreads (0.08 pips vs 0.7 pips). IG supports IG Platform, MT4, ProRealTime, L2 Dealer while Pepperstone offers MT4, MT5, cTrader, TradingView.
For regulation, IG holds licenses from FCA, ASIC, CFTC, MAS while Pepperstone is regulated by FCA, ASIC, CySEC, BaFin, DFSA. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
IG scores higher in our TrustMetrics system (99/100) compared to Pepperstone (95/100), making it the safer choice.
Lowest Spreads
Pepperstone offers better pricing with an average EUR/USD spread of 0.08 pips, beating the 0.7 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $0, Pepperstone is the more accessible option for new traders.
Detailed Comparison
| Feature | IG | Pepperstone |
|---|---|---|
| Trust Score | 99/100 | 95/100 |
| Spreads From | 0.6 pips | 0.0 pips |
| Avg EUR/USD Spread | 0.7 pips | 0.08 pips |
| Commission | $0 | $7.00/lot |
| Execution Speed | 22ms | 24ms |
| Max Leverage | 1:200 | 1:500 |
| Minimum Deposit | $250 | $0 |
| Instruments | 17,000+ | 1,200+ |
| Account Types | CFD, Spread Betting, DMA | Standard, Razor |
| Platforms | IG Platform, MT4, ProRealTime, L2 Dealer | MT4, MT5, cTrader, TradingView |
| Top Regulators | FCA, ASIC, CFTC, MAS | FCA, ASIC, CySEC, BaFin, DFSA |
| Withdrawal Speed | 1-3 business days | Same day - 1 business day |
| Inactivity Fee | $18 per month (after 24 months) | $0 (No inactivity fee) |
| Customer Support | 24/5 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone |
Which Broker Should You Choose?
IChoose IG if...
- ✓You need access to a massive range of instruments
- ✓You are a beginner and value education and simplicity
- ✓Maximum regulatory protection is your top priority
PChoose Pepperstone if...
- ✓You want to start with a very low minimum deposit
- ✓You need the tightest possible spreads for scalping
- ✓You want to trade directly from TradingView charts
- ✓You prefer cTrader's advanced order management
- ✓You are a scalper or algorithmic trader
IG Pros & Cons
Pros
- ✓ Unmatched regulatory trust with 6+ Tier-1 licenses
- ✓ Massive selection of 17,000+ tradable instruments
- ✓ World-class educational resources (IG Academy)
- ✓ Premium proprietary trading platform with guaranteed stops
Cons
- × No MT5 platform available
- × Spreads can be wider than raw ECN competitors
- × High minimum deposit for bank transfers
Pepperstone Pros & Cons
Pros
- ✓ Direct integration with TradingView for seamless charting and execution
- ✓ Active Trader rebate program saves up to $2.50/lot
- ✓ Five Tier-1/Tier-2 regulatory licenses provide immense security
- ✓ No official minimum deposit requirement
- ✓ Razor account delivers highly stable spreads during news events
Cons
- × Customer support is not available on weekends
- × No proprietary copy trading platform (relies on third parties like DupliTrade)
- × Standard account spreads are average (1.1 pips)
The Bottom Line: IG vs Pepperstone
- ✓ Instrument Variety
- ✓ Regulatory Trust
- ✓ Research
- ✓ UK Traders
- ✓ TradingView Users
- ✓ Multi-Platform Trading
- ✓ Active Traders
- ✓ Beginners
- ✓ Tighter EUR/USD spreads (0.08 pips)
- ✓ No minimum deposit
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
Frequently Asked Questions
Which is safer: IG or Pepperstone?
IG scores higher in our TrustMetrics system (99/100) compared to Pepperstone (95/100), making it the safer choice.
Who has lower spreads: IG or Pepperstone?
Pepperstone offers better pricing with an average EUR/USD spread of 0.08 pips, beating the 0.7 pip average of its competitor.
Which has a lower minimum deposit: IG or Pepperstone?
With a lower minimum deposit requirement of $0, Pepperstone is the more accessible option for new traders.
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