Pepperstone

Pepperstone is an execution-focused CFD and forex broker known for tight spreads and professional trading platforms. The FCA-regulated UK entity offers Standard and Razor account types with MT4, MT5 and cTrader support. I've traded on Pepperstone using cTrader and found the mobile experience smooth — easy to navigate and straightforward to execute trades. Deposits and withdrawals are handled through the Pepperstone website portal rather than the trading app itself, which feels slightly clunky, but it works without issue.

Who it's for: Traders looking for advanced, low-fees.

Pepperstone

Execution-focused CFD and spread betting broker with tight raw spreads, MT4/MT5/cTrader access and FCA regulation.

advancedlow-fees
Min. Deposit
£0
FSCS protectedSpread betting24/7 trading

Fees

commission+spread. Minimum deposit: £0.

Platforms & tools

  • MT4
  • MT5

Markets

  • forex
  • indices
  • commodities
  • stocks
  • crypto

Pros

  • FCA-regulated with segregated client funds and negative balance protection
  • Razor account with low raw spreads for active traders
  • MT4, MT5 and cTrader platform support
  • Suitable for algorithmic and scalping strategies

Cons

  • Primarily CFD-focused — no traditional investing or share ownership
  • No proprietary beginner-style simplified platform
  • Financing costs apply to overnight leveraged positions

Alternatives to Pepperstone

Capital.com

FCA-regulated CFD and spread betting broker with an intuitive platform suited to beginners and cost-conscious traders.

beginnersregulatedlow-fees
Min. Deposit
£20
FSCS protectedSpread betting24/7 trading24/7 support

CMC Markets

FCA-regulated broker founded in 1989, known for powerful proprietary charting tools, thousands of CFD instruments and no minimum deposit.

low-feesadvanced
Min. Deposit
£0
FSCS protectedSpread betting24/7 trading
Visit CMC Markets

Affiliate link · Disclosure

Interactive Brokers

Globally recognised professional-grade broker with access to 90+ markets, very low fees, ISA support and FCA regulation.

advancedprofessionals
Min. Deposit
£0
FSCS protected24/7 trading

Affiliate Disclosure: We may receive compensation when you click on links to brokers and products featured on this site. This compensation does not influence our rankings, reviews, or recommendations. We maintain editorial independence and provide objective comparisons. Read our full disclosure policy.

Risk Warning: This website does not provide financial, investment, or trading advice. All information is for educational purposes only. Trading and investing involve substantial risk of loss. You should carefully consider your financial situation and consult with qualified professionals before making any financial decisions.

Last updated: 2026-01-15