Broker comparison

NPB Markets vs Pepperstone Comparison

Compare trading conditions, commissions and platforms of Forex brokers NPB Markets and Pepperstone. Find out which broker is best for you.

VS summaryScores and ranking at a glance
NPB Markets
Rating
4.2/5
Rank
#48
Register

Trading CFDs carries high risks. You may lose all invested funds

PepperstoneHigher ranked
Rating
4.6/5
Rank
#9
Register

81.7% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - NPB Markets or Pepperstone?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Pepperstone ranks higher in the editorial ranking.
NPB Markets
Rating: 4.2/5Rank: #48
Pepperstone
Rating: 4.6/5Rank: #9

NPB Markets

Minimum deposit · USD
10 USD
Different platforms
None listed
Different markets
None listed
Cent account
Yes

Pepperstone

Minimum deposit · USD
1 USD
Different platforms
  • MetaTrader 5
  • cTrader
  • TradingView
Different markets
  • Soft Commodities
Cent account
No

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of NPB Markets and Pepperstone

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 7 of 7 parametersShowing 7 of 7 parameters

Overview: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Foundation Year
2016
2010
Regulated in Countries
Comoros
Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom
Minimum Deposit
  • 10 EUR
  • 500 RUB
  • 10 USD
  • 1 AUD
  • 1 CAD
  • 1 CHF
  • 1 EUR
  • 1 GBP
  • 1 HKD
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 USD
Spread
from 0.1 points
from 0 points
Max Leverage
1:1000
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
Review

NPB Markets Review

NPB Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4

NPB Markets is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.

Despite certain drawbacks, NPB Markets provides quality service and can be used by most traders.

Pros and Cons of NPB Markets

Pros

  1. A rich selection of analytical tools and resources.
  2. Extensive education section.
  3. A variety of trading account types.
  4. Numerous available methods for depositing and withdrawing funds.

Cons

  1. Lack of alternatives to the MetaTrader 4 platform.
  2. Regulation in an offshore jurisdiction.

NPB Markets is in the top 10 of the following ratings:

Pepperstone Review

Pepperstone Logo
Register81.7% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView

Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.

The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.

The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.

Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.

Pros and Cons of Pepperstone

Pros

  1. Wide selection of trading platforms.
  2. Tight spreads and favourable trading conditions.
  3. Numerous regulatory licenses.
  4. A large number of trading assets.

Cons

  1. Lack of diversity in types of trading accounts.

Pepperstone is in the top 10 of the following ratings:

Reliability

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Reliability: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Reliability
3.2/5
5/5
Foundation Year
2016
2010
Regulated in Countries
Comoros
Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom
Regulators

NPB Markets

The broker has certain protective measures but is registered in offshore jurisdictions.

Pros

  1. Membership in The Financial Commission.
  2. Existence of a Compensation Fund.
  3. Regulation by multiple bodies.

Cons

  1. Registration in offshore jurisdictions.
  2. Lack of information on deposit insurance.

Pepperstone

Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.

Account Opening

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Account Opening: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Account Opening
5/5
5/5
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 500 RUB
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 CAD
  • 1 HKD
  • 1 AUD

NPB Markets

Opening an account with NPB Markets is straightforward, with a short registration form, clear verification requirements, and three base currencies.

Pros

  1. Simple registration.
  2. Clear document requirements.

Pepperstone

The account opening process is straightforward, convenient, and fast.

Account Types

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 9 of 9 parametersShowing 9 of 9 parameters

Account Types: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Account Types
4.5/5
3.8/5
Trading Accounts
  • Master
  • Zero
  • Expert
  • VIP
  • Standard Cent
  • Standard
  • Razor
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 500 RUB
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 CAD
  • 1 HKD
  • 1 AUD
Spread
from 0.1 points
from 0 points
Max Leverage
1:1000
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

NPB Markets

The broker offers a wide range of accounts, meeting the needs of different traders.

Pros

  1. STP accounts
  2. Opportunity to copy trades of successful traders.
  3. Availability of cent accounts for beginners.

Cons

  1. No accounts with fixed spreads.

Pepperstone

Pepperstone's account types meet the needs of most traders, though they lack variability.

Pros

  1. The ability to copy trades.
  2. Support for VPS hosting.

Cons

  1. Lack of cent accounts.
  2. No fixed spread accounts.

Commissions

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Commissions: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Commissions
4/5
4/5
Spread
from 0.1 points
from 0 points
Average Spread (EURUSD)
1.2
1.15
Commission
per 1 lot$4.00
per 1 lot$3.50

NPB Markets

NPB Markets offers average market spreads and swaps.

Pros

  1. No inactivity fee.
  2. No withdrawal fee.
  3. Cashback with up to 60% spread return

Cons

  1. Average spreads and swaps.

Pepperstone

Pepperstone does not charge an inactivity fee or withdrawal fees, which is an essential advantage for traders. As for trading commissions, the broker offers competitive conditions.

Deposit and Withdrawal

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Deposit and Withdrawal: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Rating
4.5/5
4.5/5
Account Funding Methods
  • WebMoney
  • Skrill
  • Neteller
  • Volet
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • Neteller
  • PayPal
  • Skrill
  • Swift
  • Visa
  • Mastercard

NPB Markets

The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.

Pros

  1. Multiple deposit/withdrawal methods.
  2. No deposit fee.
  3. Commission compensation on the first withdrawal.

Cons

  1. Withdrawal processing time can be long.
  2. High commission of payment systems on withdrawal

Pepperstone

Account funding and withdrawal processes at Pepperstone are pretty convenient and fast.

Pros

  1. Multiple available deposit methods.
  2. No deposit fee.
  3. Swift transaction processing.

Cons

  1. Bank fees for withdrawals.

Markets and Products

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 9 of 9 parametersShowing 9 of 9 parameters

Markets and Products: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Markets and Products
4/5
5/5
Forex
38
97
Precious Metals
2
20
Energy Carriers
3
4
Indices
11
26
Stocks
62
986
ETF
2
108
Cryptocurrency
5
30
Soft Commodities
-
16

NPB Markets

NPB Markets offers a sufficiently broad range of trading instruments, including Forex, CFDs on metals, energy carriers, indices, stocks, ETFs, and cryptocurrencies. However, some brokers may offer an even greater number of instruments and markets.

Pepperstone

The broker utilizes services from several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.

Trading Platforms

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 2 of 2 parametersShowing 2 of 2 parameters

Trading Platforms: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Rating
4/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView

NPB Markets

NPB Markets platforms provide functionality and convenience for different categories of traders.

Pros

  1. Use of the popular MetaTrader 4 platform.
  2. NPB Invest trade copying service.

Cons

  1. Lack of alternatives to MT4

Pepperstone

Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.

Analytics

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Analytics: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Rating
5/5
5/5

NPB Markets

NPB Markets offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.

Pepperstone

Pepperstone has a well-developed analytical department, which includes daily market reviews, an economic calendar, the powerful automatic market analysis tool Autochartist, and convenient calculators for traders.

Education

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 1 of 1 parametersShowing 1 of 1 parameters

Education: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Rating
4/5
5/5

NPB Markets

The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.

Pepperstone

Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.

Customer Support

Only matching known values are hidden. Rows with incomplete data stay visible.

Swipe the table left or right to view all data.

Showing 4 of 4 parametersShowing 4 of 4 parameters

Customer Support: comparison of NPB Markets, Pepperstone
BrokerNPB MarketsPepperstone
Rating
5/5
5/5
Email Support
Hotline Phones
Social Media

NPB Markets

Numerous communication channels are available, including online consultant, personal manager, email, and phone. The customer support schedule is also quite extensive, providing support at almost any time.

Pepperstone

Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.

Comparisons of NPB Markets and Pepperstone with other brokers

Conclusion

When choosing between Pepperstone and NPB Markets, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: NPB Markets or Pepperstone?

Pepperstone ranks higher than NPB Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: NPB Markets or Pepperstone?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — NPB Markets or Pepperstone?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with NPB Markets and Pepperstone?

NPB Markets: MetaTrader 4. Pepperstone: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.

What markets can you trade with NPB Markets and Pepperstone?

NPB Markets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Pepperstone: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by NPB Markets and Pepperstone?

NPB Markets: Master, Zero, Expert, VIP, Standard Cent. Pepperstone: Standard, Razor. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by NPB Markets and Pepperstone?

NPB Markets: WebMoney, Skrill, Neteller, Volet, Swift, SEPA, Visa, Mastercard. Pepperstone: Neteller, PayPal, Skrill, Swift, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — NPB Markets or Pepperstone — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.