Broker comparison

Pepperstone vs XTB Comparison

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

VS summaryScores and ranking at a glance
PepperstoneHigher ranked
Rating
4.6/5
Rank
#9
Register

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

XTB
Rating
4.2/5
Rank
#62
Register

69-80% 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

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 - Pepperstone or XTB?

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.
Pepperstone
Rating: 4.6/5Rank: #9
XTB
Rating: 4.2/5Rank: #62

Pepperstone

Different platforms
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
Different markets
None listed

XTB

Different platforms
  • xStation
Different markets
  • Bonds

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

Full broker ranking

Comparison Table of Pepperstone and XTB

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Overview: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Foundation Year20102002
Regulated in CountriesAustralia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United KingdomBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Minimum Deposit
  • 1 AUD
  • 1 CAD
  • 1 CHF
  • 1 EUR
  • 1 GBP
  • 1 HKD
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:5001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
  • xStation
ReviewPepperstone ReviewXTB Review

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:

XTB Review

XTB Logo
Register69-80% 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 Bonds Cryptocurrency
Trading Platforms
xStation

XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.

XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.

Pros and Cons of XTB

Pros

  1. Regulated by several leading financial authorities.
  2. Variety of methods to deposit funds.
  3. Wide range of trading assets.
  4. Extensive analytical tools and resources.

Cons

  1. Withdrawal methods are limited.
  2. Lack of educational materials.

Reliability

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Reliability: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Reliability
5/5
5/5
Foundation Year20102002
Regulated in CountriesAustralia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United KingdomBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Regulators

Pepperstone

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

XTB

XTB is quite reliable, considering regulation in several authoritative jurisdictions.

Account Opening

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Account Opening: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 CAD
  • 1 HKD
  • 1 AUD
  • 1 USD

Pepperstone

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

XTB

The account opening process at XTB is simple and clear, but takes some time.

Pros

  1. Easy registration and data verification.
  2. Flexibility regarding the minimum deposit.
  3. Adherence to KYC and AML standards.

Cons

  1. Verification can take time.
  2. Need to provide a large volume of personal data.

Account Types

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Account Types: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Account Types
3.8/5
3.5/5
Trading Accounts
  • Standard
  • Razor
  • Standard
  • Swap Free
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 JPY
  • 1 NZD
  • 1 SGD
  • 1 CAD
  • 1 HKD
  • 1 AUD
  • 1 USD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:5001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
  • xStation
Demo Account
Swap-free Account

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.

XTB

XTB’s account types cover the core needs of most traders and investors: a Standard and Swap-Free account for CFD trading plus a separate investment account for real stocks and ETFs, though the overall choice is less diverse than some rivals.

Pros

  1. Simple lineup: Standard, Swap-Free and Investment account.
  2. Access to real stocks and ETFs with one broker.
  3. Unified xStation platform for trading and investing.

Cons

  1. Fewer account types than some competitors.
  2. No specialized “pro” accounts for niche strategies.

Commissions

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Commissions: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Commissions
4/5
3.5/5
Spreadfrom 0 pointsfrom 0.5 points
Average Spread (EURUSD)1.151.4
Commissionper 1 lot$3.50No data

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.

XTB

XTB offers an average level of commissions.

Pros

  1. Cashback system helps to offset some of the commissions.

Cons

  1. Fee for account inactivity.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Rating
4.5/5
4/5
Account Funding Methods
  • Neteller
  • PayPal
  • Skrill
  • Swift
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • PaySafeCard
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro

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.

XTB

XTB provides convenient methods for depositing funds without a commission, but has limited withdrawal options.

Pros

  1. Wide selection of deposit methods.
  2. No commission for depositing funds.
  3. No commission for withdrawals over $50.

Cons

  1. The only available withdrawal method is bank transfer.
  2. Commission of $30 for withdrawals less than $50.

Markets and Products

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Markets and Products: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Markets and Products
5/5
5/5
Forex9757
Precious Metals209
Energy Carriers45
Soft Commodities1610
Indices2635
Stocks9861997
ETF108177
Cryptocurrency3041
Bonds-3

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.

XTB

XTB offers an extensive range of markets and products for trading, including currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.

Trading Platforms

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Trading Platforms: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Rating
5/5
4.2/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
  • xStation

Pepperstone

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

XTB

XTB offers its functional and user-friendly trading platform xStation 5, well-suited for market analysis.

Pros

  1. A multitude of analytical tools.
  2. Customizable terminal interface.
  3. Android mobile app available.

Cons

  1. Lack of choice between different trading platforms.
  2. No platform version for iOS devices.
  3. No desktop version of the platform.

Analytics

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Analytics: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Rating
5/5
5/5

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.

XTB

XTB offers superior analytics with a rich set of tools available to all users, making them one of the leaders in this area.

Pros

  1. In-depth analytics, including forecasts from experts and news.
  2. A wide range of analysis tools, including an economic calendar and trading schedules.
  3. Analytics available to all users, not only company clients.

Education

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Education: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Rating
5/5
3/5

Pepperstone

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

XTB

XTB's educational materials are limited.

Pros

  1. Basic trading information is provided.

Cons

  1. Lack of webinars and detailed video tutorials.
  2. Not suitable for beginners seeking comprehensive education.

Customer Support

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Customer Support: comparison of Pepperstone, XTB
BrokerPepperstoneXTB
Rating
5/5
4.5/5
Email Support
Hotline Phones
Social Media

Pepperstone

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

XTB

XTB's technical support is generally good, available 24/5.

Pros

  1. Operates 24/5.
  2. Contact options include phone and email.
  3. Responses to inquiries are received within a reasonable timeframe.

Cons

  1. Lack of messaging channels for communication.

Comparisons of Pepperstone and XTB with other brokers

Conclusion

When choosing between Pepperstone and XTB, 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: Pepperstone or XTB?

Pepperstone ranks higher than XTB 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: Pepperstone or XTB?

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

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

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 Pepperstone and XTB?

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

What markets can you trade with Pepperstone and XTB?

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

What account types are offered by Pepperstone and XTB?

Pepperstone: Standard, Razor. XTB: Standard, Swap Free. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Pepperstone and XTB?

Pepperstone: Neteller, PayPal, Skrill, Swift, Visa, Mastercard. XTB: Neteller, Skrill, PaySafeCard, Bank Transfer, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.

Which broker is safer — Pepperstone or XTB — 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.