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 Our proprietary safety rating based on regulation and track record. | 99/100 ✓ | 95/100 |
Spreads From The lowest possible spread available on their premium accounts. | 0.6 pips | 0.0 pips |
Avg EUR/USD Spread The typical spread experienced during normal market hours. | 0.7 pips | 0.08 pips ✓ |
| Commission | $0 | $7.00/lot |
Execution Speed The average time it takes for an order to be filled. | 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 The average processing time before funds hit your account. | 1-3 business days | Same day - 1 business day |
Inactivity Fee Fees charged if you do not place any trades for a specific period. | $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?
Choose 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
Choose 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 Overview
Advantages
- ✓ 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
Drawbacks
- × No MT5 platform available
- × Spreads can be wider than raw ECN competitors
- × High minimum deposit for bank transfers
Pepperstone Overview
Advantages
- ✓ 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
Drawbacks
- × 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)
Algorithmic Deep Dive
Data Updated: Aug 2026🛡️ Safety & Regulation
Tier-1 Licenses
💸 Pricing Economics
⚡ Technical Capabilities & Execution
Platform Support
- MT4✓✓
- MT5✗✓
- cTrader✗✓
- TradingView✗✓
IG Execution
Our testing of IG's platform offerings confirmed stable performance with reliable execution speeds. The available platforms provide a good balance of analytical tools and ease of use, suitable for both manual and algorithmic trading strategies.
Pepperstone Execution
The standout feature is Pepperstone's native TradingView integration — you can execute trades directly from TradingView charts using your Razor account. We also tested MT5 and cTrader, both of which performed flawlessly. The Active Trader rebate program is a genuine cost-saver for high-volume traders, reducing effective commissions to as low as $4.50/lot.
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.
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