Pepperstone vs XTB: which is better?

Pepperstone and XTB are compared here on the trading conditions that decide cost: verified spreads by account type, commission, minimum deposit, leverage, regulation, platforms and market coverage. Both appear in our Best Overall and Best for Day Trading rankings, which is why traders shortlist them together. Every figure below is read straight from each broker’s own record — spreads come from the Spread Meter dataset with a source and a verification date, not from marketing pages. On our scoring model Pepperstone leads at 9.0/10 against 8.7/10, but the right answer depends on which of the differences below matters to how you trade.

Key differences between Pepperstone and XTB

• Lowest verified spread

  Pepperstone Standard From 1.0 pips ($0); ECN From 0.0 pips (£2.25 per lot per side on MT4/MT5 (US$3.00 per side on cTrader; US$3.50 per side on the Pepperstone platform))

  XTB Standard From 0.8 pips ($0)

  Pepperstone has the lower verified entry spread of the two.

• Minimum deposit

  Pepperstone $0

  XTB $0

  Both open from $0.

• Regulation

  Pepperstone FCA, ASIC, DFSA, BaFin, SCB, CMA

  XTB FCA, KNF, IFSC

  Pepperstone holds more licences on record (6 vs 3).

• Platforms

  Pepperstone MT4, MT5, cTrader, TradingView

  XTB xStation 5, xStation Mobile

  Only Pepperstone offers MT4, MT5, cTrader, TradingView; Only XTB offers xStation 5, xStation Mobile.

• Overall score

  Pepperstone 9.0/10

  XTB 8.7/10

  Pepperstone scores higher overall (9.0 against 8.7).

Side by side

Pricing is the lowest verified figure per account type from the Spread Meter dataset; every other field is read from the broker’s own record.

Broker trading conditions compared

Criteria	Pepperstone	XTB Register
Overall rating	4.6	4.4
Overall score	9.0/10	8.7/10
Regulation	FCA, ASIC, DFSA, BaFin, SCB, CMA	FCA, KNF, IFSC
Pricing by account type	Standard·From 1.0 pipsCommission $0 ECN(Razor)·From 0.0 pipsCommission £2.25 per lot per side on MT4/MT5 (US$3.00 per side on cTrader; US$3.50 per side on the Pepperstone platform)	Standard·From 0.8 pipsCommission $0
Minimum deposit	$0	$0
Leverage	1:30 for FCA and ASIC retail clients; higher under other group entities	1:30 for FCA and KNF retail clients; higher under other group entities
Platforms	MT4, MT5, cTrader, TradingView	xStation 5, xStation Mobile
Account types	Standard, Razor, Swap-free (region dependent)	Standard
Markets	Forex, Indices, Commodities, Share CFDs, Currency indices, Crypto CFDs	Forex, Indices, Commodities, Stock CFDs, ETF CFDs
Payment methods	Bank transfer, Visa / Mastercard, PayPal, Skrill, Neteller	Bank transfer, Visa / Mastercard, Skrill, Neteller
Best for	Regulated multi-platform trading	Traders who prefer a single proprietary platform
Open an account		Register

Pepperstone

XTB

Overall rating

Pepperstone4.6

XTB4.4

Overall score

Pepperstone9.0/10

XTB8.7/10

Regulation

PepperstoneFCA, ASIC, DFSA, BaFin, SCB, CMA

XTBFCA, KNF, IFSC

Pricing by account type

Pepperstone

• Standard·From 1.0 pipsCommission $0
• ECN(Razor)·From 0.0 pipsCommission £2.25 per lot per side on MT4/MT5 (US$3.00 per side on cTrader; US$3.50 per side on the Pepperstone platform)

XTB

• Standard·From 0.8 pipsCommission $0

Minimum deposit

Pepperstone$0

XTB$0

Leverage

Pepperstone1:30 for FCA and ASIC retail clients; higher under other group entities

XTB1:30 for FCA and KNF retail clients; higher under other group entities

Platforms

PepperstoneMT4, MT5, cTrader, TradingView

XTBxStation 5, xStation Mobile

Account types

PepperstoneStandard, Razor, Swap-free (region dependent)

XTBStandard

Markets

PepperstoneForex, Indices, Commodities, Share CFDs, Currency indices, Crypto CFDs

XTBForex, Indices, Commodities, Stock CFDs, ETF CFDs

Payment methods

PepperstoneBank transfer, Visa / Mastercard, PayPal, Skrill, Neteller

XTBBank transfer, Visa / Mastercard, Skrill, Neteller

Best for

PepperstoneRegulated multi-platform trading

XTBTraders who prefer a single proprietary platform

Open an account

Pepperstone4.6Review

XTB4.4

Register

Review

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