Broker comparison
Pepperstone vs FP Markets
Side-by-side comparison of Pepperstone and FP Markets. Data checked November 2026.
| Pepperstone | FP Markets | |
|---|---|---|
| Regulation | FCA, ASIC, CySEC, BaFin, DFSA, SCB | ASIC, CySEC, FSCA, FSA Seychelles |
| Headquarters | Melbourne, Australia | Sydney, Australia |
| Founded | 2010 | 2005 |
| Minimum deposit | No minimum | $100 |
| Raw account pricing | 0.0 pips + $3.50/side | 0.0 pips + $3/side |
| Standard spreads | From 1.0 pip | From 1.0 pip |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, cTrader, TradingView |
| Max leverage | Up to 1:500* | Up to 1:500* |
Quick verdict
- Pepperstone has the lower minimum deposit.
- FP Markets has been operating longer (since 2005).
Wick says
There's no universal winner. Pick the one whose rules fit how you trade: your style, your session and your risk.