Broker comparison
FxPro vs Pepperstone
Compare the named entities and their recorded terms.
Compare regulatory records and separately labelled entity-specific costs, platforms and protection. This is not a complete cost, withdrawal or safety ranking.
Costs, platforms and protection first
Costs
What will you pay for?
FxPro
GB · FxPro UK Limited
cTrader: USD35 per USD1m traded per side; both sides charged at opening.
Conditions and evidence
Public documents for the named entity/account. Confirm residence acceptance when applying.
Not the same unit as a fixed per-lot charge.
FAQ — cTrader commission ↗ · 2026-09-29Pepperstone
AU · Pepperstone Group Limited
Razor FX/gold: from USD3.50/lot/side. Standard FX: no separate commission.
Conditions and evidence
Australian entity disclosures; check account/product applicability.
Costs table: Standard EUR/USD minimum 1 pip. The account overview’s 0.1 is not pair-specific. Holding costs are separate.
Costs and fees — account types / EURUSD table ↗ · 2026-09-29Platforms
Which tools can you use?
FxPro
GB · FxPro UK Limited
MT4, MT5, cTrader, TradingView and FxPro tools.
Conditions and evidence
Public documents for the named entity/account. Confirm residence acceptance when applying.
Check availability for the account/entity.
Trading platforms ↗ · 2026-09-29Pepperstone
AU · Pepperstone Group Limited
MT4, MT5, cTrader, TradingView and Pepperstone platform.
Conditions and evidence
Australian entity disclosures; check account/product applicability.
Client protection
Who is covered, and how?
FxPro
GB · FxPro UK Limited
Discloses negative balance protection, with abuse and good-faith conditions.
Conditions and evidence
Public documents for the named entity/account. Confirm residence acceptance when applying.
Pepperstone
AU · Pepperstone Group Limited
January 2026 TMD: retail negative balance protection.
Conditions and evidence
Australian entity disclosures; check account/product applicability.
Client qualification applies. Check Pro terms separately.
TMD v6 January 2026 — pages 2–3 ↗ · 2026-09-29Detailed comparison table
Swipe horizontally to compare the same field.
| Costs | FxProGB · FxPro UK LimitedSources and caveats ↗ · 2026-09-29 | PepperstoneAU · Pepperstone Group LimitedSources and caveats ↗ · 2026-09-29 |
|---|---|---|
| Published minimum spread | Figure not recorded | Standard1 pip EUR/USD |
| Trading commission | cTraderUSD35 per USD1m traded / side Both sides charged at opening. | Razor · FX / goldUSD3.50 per lot / side Standard · FX0 |
| Holding charges | Figure not recorded | Additional; check instrument and holding period |
| Currency conversion | Figure not recorded | Figure not recorded |
| Other charges | Figure not recorded | Figure not recorded |
Compare only matching accounts, instruments and currencies. Unrecorded does not mean free. Minimums are not observed averages.
Sources and caveats
FxPro
FxPro UK Limited: cTrader: USD35 per USD1m traded per side; both sides charged at opening.
Not the same unit as a fixed per-lot charge.
FAQ — cTrader commission ↗ · 2026-09-29Pepperstone
Pepperstone Group Limited: Razor FX/gold: from USD3.50/lot/side. Standard FX: no separate commission.
Costs table: Standard EUR/USD minimum 1 pip. The account overview’s 0.1 is not pair-specific. Holding costs are separate.
Costs and fees — account types / EURUSD table ↗ · 2026-09-29Where should you start?
Where should you start?
Start with your country of residence
This comparison lacks the verified information needed to identify a candidate.
Find candidates by residence →Entities included in the regulatory comparison
First read the legal company name in your account agreement. Open the matching entity below; if it is not listed, check the other entities on the detail page. No residence-to-entity assignment is inferred.
Other group entities are outside this table; see the company details. Licence counts describe evidence coverage, not safety or superiority.
FxPro
Matched to regulator records
FCA / CySEC
Other entities and evidence →What the sources show →Pepperstone
Matched to regulator records
CySEC
Other entities and evidence →What the sources show →Candidate criteria and open questions
Candidates have recorded active status, regulator verification, a licence number, source and check date. These are dated records, not a safety or account-opening guarantee. Display order follows your selection.
FxPro currently records more regulator-verified catalog licences in this comparison scope
Open items and verification notes
- FxPro
A licence is recorded, but verification remains unresolved. / Client-protection evidence is not recorded for every displayed legal entity.
- Pepperstone
A stored legal entity is not catalog-applicable to this website.
Check the evidence
A summary of the research covered here. Unconfirmed does not mean there is no issue.
Key differences at a glance
FxPro
FxPro research file- Entities compared
- 3
- Verified licence records in this comparison
- 2 of 3
- Open research issues
- 2
Pepperstone
Pepperstone research file- Entities compared
- 1
- Verified licence records in this comparison
- 1 of 1
- Open research issues
- 1
Comparison scope
Evidence currently in scope
This comparison includes only records currently in comparison scope. The full broker research file may contain additional entities, licences or evidence.
Key differences at a glance
Scan the decision-relevant recorded values, side by side. A difference is not a ranking.
5 of 5 differ
View definitions for these metrics
Side-by-side recorded values only. This summary does not score, rank or determine an evidence advantage.
- Verified licence records in this comparison
- Licences confirmed against a regulator register, out of the licences recorded in this scope.
- Entities compared
- Legal entities recorded for this broker inside the catalog-applicable comparison scope.
- Licence records with source links
- Licence rows that carry a stored regulator source URL in this comparison scope. This is not a document inventory.
- Client-protection evidence
- The canonical catalog-scope protection state, identical to the broker profile and the directory.
- Open research issues
- Distinct issue categories still open in this comparison. Each category counts once, not once per licence.
Rows where the recorded values are not identical carry a neutral marker. It shows that the files differ, not which value is preferable.
Open detailed differences and evidence
Differences first
This comparison covers recorded entities. Country eligibility is confirmed separately in Finder.
Evidence Snapshot
Legal entities
FxPro
Pepperstone
Entities compared
FxPro
Pepperstone
3 not in this comparison
Licence records
FxPro
Pepperstone
Verified licence records in this comparison
FxPro
Pepperstone
Unverified licence records
FxPro
Pepperstone
Licence records with source links
FxPro
Pepperstone
Protection records
FxPro
Pepperstone
Last checked
FxPro
Pepperstone
Open research issues
FxPro
- A licence is recorded, but verification remains unresolved.
- Client-protection evidence is not recorded for every displayed legal entity.
Pepperstone
- A stored legal entity is not catalog-applicable to this website.
Official website
Stored website URL. Not an open-account destination.
FxPro
Pepperstone
Entities & Regulation
Legal entities
Each licence stays attached to its legal entity.
FxPro
3 entities
3 licences · 2 verified of 3 · 1 unresolved · SCB · FCA · CySEC
View entity detail
FxPro Global Markets Ltd
Bahamas
Catalog-applicable to this website
SCB · SIA-F184
Unverified · Not independently recorded
Official broker source
FxPro UK Limited
United Kingdom · 06925128
Catalog-applicable to this website
FCA · 509956
Matched to regulator records · FCA Register Type Regulated. Exact firm FXPRO UK Limited FRN 509956 / Companies House 06925128.
FCA register
FXPRO Financial Services Ltd
Cyprus · 181344
Catalog-applicable to this website
CySEC · 078/07
Matched to regulator records · listed on CySEC CIF register
CySEC register
Pepperstone
1 entity
1 licence · 1 verified of 1 · CySEC
View entity detail
Pepperstone EU Limited
Cyprus · 398429
Catalog-applicable to this website
CySEC · 388/20
Matched to regulator records · listed on CySEC CIF register
CySEC register
Client Protection
Negative balance protection
FxPro
2 of 2 confirmed
Legal entities: 2
FxPro UK Limited
United Kingdom
Confirmed
FXPRO Financial Services Ltd
Cyprus
Confirmed
Pepperstone
1 of 1 confirmed
Pepperstone EU Limited
Pepperstone EU Limited
Cyprus
Confirmed
Segregated client funds
FxPro
2 of 2 confirmed
Legal entities: 2
FxPro UK Limited
United Kingdom
Confirmed
FXPRO Financial Services Ltd
Cyprus
Confirmed
Pepperstone
1 of 1 confirmed
Pepperstone EU Limited
Pepperstone EU Limited
Cyprus
Confirmed
Investor compensation
FxPro
2 of 2 confirmed
Legal entities: 2
FxPro UK Limited
United Kingdom
Confirmed
Financial Services Compensation Scheme (FSCS) · Up to GBP 85,000 per eligible person, per firm for investment claims against firms that fail after 1 April 2019
FXPRO Financial Services Ltd
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
Pepperstone
1 of 1 confirmed
Pepperstone EU Limited
Pepperstone EU Limited
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
Open the complete comparison
| Compare brokers | FxPro FxPro research file | Pepperstone Pepperstone research file |
|---|---|---|
Evidence SnapshotCoverage counts currently in this comparison scope. | ||
| Legal entitiesDifferent | 3 recorded | 4 recorded |
| Entities comparedDifferent | 3 displayed | 1 displayed 3 not in this comparison |
| Licence recordsDifferent | 3 recorded | 1 recorded |
| Verified licence records in this comparisonDifferent | 2 of 3 recorded licences | 1 of 1 recorded licences |
| Unverified licence recordsDifferent | 1 unverified | 0 unverified |
| Licence records with source linksDifferent | 3 sources available | 1 source available |
| Protection recordsDifferent | Recorded for 2 of 3 entities | Recorded for 1 of 1 entities |
| Regulatory events | Not recorded in this file | Not recorded in this file |
| Last checkedDifferent | Sep 20, 2026 | Sep 12, 2026 |
| Open research issuesDifferent |
|
|
| Research coverageThis describes FXVeritas research-file coverage. It is not a broker safety or quality rating. | High | High |
| Profile facts checked | Aug 20, 2026 | Aug 20, 2026 |
| Data coverage | Regulation monitored | Regulation monitored A legal entity is stored, but it is not catalog-applicable to this website. |
| Evidence limitations |
|
|
| Official websiteDifferentStored website URL. Not an open-account destination. | fxpro.com | pepperstone.com |
Entities & RegulationLicences attach to legal entities, not marketing brands. | ||
| Legal entitiesDifferentEach licence stays attached to its legal entity. | 3 entities 3 licences · 2 verified of 3 · 1 unresolved · SCB · FCA · CySEC View entity detail
| 1 entity 1 licence · 1 verified of 1 · CySEC View entity detail
|
| Stored regulatory eventsAbsence of a stored event is not a finding. | Not in this file yet | Not in this file yet |
Client ProtectionClient-money facts are stored by legal entity. | ||
| Negative balance protectionDifferent | 2 of 2 confirmed Legal entities: 2
| 1 of 1 confirmed Pepperstone EU Limited
|
| Segregated client fundsDifferent | 2 of 2 confirmed Legal entities: 2
| 1 of 1 confirmed Pepperstone EU Limited
|
| Investor compensationDifferent | 2 of 2 confirmed Legal entities: 2
| 1 of 1 confirmed Pepperstone EU Limited
|
Trading & PlatformsAdvertised account figures and recorded platforms on file. | ||
| Trading facts in this fileNeither file currently records these trading fields. | Not in this file yet | Not in this file yet |
Evidence Snapshot
Coverage counts currently in this comparison scope.
Legal entities
Different
Entities compared
DifferentLicence records
DifferentVerified licence records in this comparison
DifferentUnverified licence records
DifferentLicence records with source links
DifferentProtection records
DifferentRegulatory events
Last checked
DifferentOpen research issues
Different- A licence is recorded, but verification remains unresolved.
- Client-protection evidence is not recorded for every displayed legal entity.
Research coverage
This describes FXVeritas research-file coverage. It is not a broker safety or quality rating.
Profile facts checked
Data coverage
A legal entity is stored, but it is not catalog-applicable to this website.
Evidence limitations
- Some comparison issues remain unresolved. See the unresolved comparison issues above.
- At least one stored legal entity is outside catalog applicability for this website.
- Some comparison issues remain unresolved. See the unresolved comparison issues above.
Official website
DifferentStored website URL. Not an open-account destination.
Entities & Regulation
Licences attach to legal entities, not marketing brands.
Legal entities
DifferentEach licence stays attached to its legal entity.
3 entities
3 licences · 2 verified of 3 · 1 unresolved · SCB · FCA · CySEC
View entity detail
FxPro Global Markets Ltd
Bahamas
Catalog-applicable to this website
SCB · SIA-F184
Unverified · Not independently recorded
Official broker source
FxPro UK Limited
United Kingdom · 06925128
Catalog-applicable to this website
FCA · 509956
Matched to regulator records · FCA Register Type Regulated. Exact firm FXPRO UK Limited FRN 509956 / Companies House 06925128.
FCA register
FXPRO Financial Services Ltd
Cyprus · 181344
Catalog-applicable to this website
CySEC · 078/07
Matched to regulator records · listed on CySEC CIF register
CySEC register
1 entity
1 licence · 1 verified of 1 · CySEC
View entity detail
Pepperstone EU Limited
Cyprus · 398429
Catalog-applicable to this website
CySEC · 388/20
Matched to regulator records · listed on CySEC CIF register
CySEC register
Stored regulatory events
Absence of a stored event is not a finding.
Client Protection
Client-money facts are stored by legal entity.
Negative balance protection
Different2 of 2 confirmed
Legal entities: 2
FxPro UK Limited
United Kingdom
Confirmed
FXPRO Financial Services Ltd
Cyprus
Confirmed
1 of 1 confirmed
Pepperstone EU Limited
Pepperstone EU Limited
Cyprus
Confirmed
Segregated client funds
Different2 of 2 confirmed
Legal entities: 2
FxPro UK Limited
United Kingdom
Confirmed
FXPRO Financial Services Ltd
Cyprus
Confirmed
1 of 1 confirmed
Pepperstone EU Limited
Pepperstone EU Limited
Cyprus
Confirmed
Investor compensation
Different2 of 2 confirmed
Legal entities: 2
FxPro UK Limited
United Kingdom
Confirmed
Financial Services Compensation Scheme (FSCS) · Up to GBP 85,000 per eligible person, per firm for investment claims against firms that fail after 1 April 2019
FXPRO Financial Services Ltd
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
1 of 1 confirmed
Pepperstone EU Limited
Pepperstone EU Limited
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
Trading & Platforms
Advertised account figures and recorded platforms on file.
Trading facts in this file
Neither file currently records these trading fields.
Your next step
Check the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
Stored sources
Featured evidence and sources
Primary-source URLs already stored on licence, protection, mapping or event rows in this comparison scope. This is not a document inventory, and counts are not invented.
FxPro
Research still outstanding
Evidence gaps and unresolved issues
These cards list open comparison issues in the current research files. They are research still outstanding — not findings against a broker.
More open research issues does not mean a broker is less safe.
Unresolved comparison issuesIssue types found in the current research file. Each issue counts once, not once per licence. Unresolved is not the same as adverse. These are issue categories, not licence counts. Catalog-applicable licence counts are listed separately below.
Missing coverageRows marked Not in this file yet in the table above are missing coverage, which is a different gap from an unresolved comparison issue.
FxPro
2 unresolved comparison issues
- A licence is recorded, but verification remains unresolved.
- Client-protection evidence is not recorded for every displayed legal entity.
Pepperstone
1 unresolved comparison issue
- A stored legal entity is not catalog-applicable to this website.
Next research steps
Continue this research
View each broker research file or visit the official website. These links are for further research and are not an endorsement.
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