TPROFX / Compare brokers
The differences, side by side.
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| Broker |  XM |  Pepperstone |
|---|---|---|
| Account types | Standard, Ultra Low and Shares in the published global offering. Availability depends on country and entity. XM · Account types ↗Checked: | Standard and Razor. The reviewed table reserves TradingView for Razor; MT4, MT5, cTrader and Pepperstone's platform appear for both. |
| Published entity and scope | XM Global Limited (Belize), the entity in global documentation. Your contracting entity is identified during registration. XM · Legal documents ↗Checked: | Pepperstone Markets Limited (Bahamas), the entity in international SCB documents. Confirm the assigned entity during application. Pepperstone · Legal documents ↗Checked: |
| Published regulation | XM Global Limited: Belize FSC, licence 8557558 as published on the current legal page. XM · Legal documents ↗Checked: | Pepperstone Markets Limited: Securities Commission of The Bahamas (SCB), SIA-F217. This does not establish a contract with the group's FCA or ASIC entities. Pepperstone · Legal documents ↗Checked: |
| Country for starting registration | Select your country to check the registration destination. | Select your country to check the registration destination. |
| Trading costs | Standard and Ultra Low have different spread conditions. Ultra Low swap exemptions cover selected instruments only; check instrument commission, conversion and financing. | Standard includes costs in spreads, except share CFDs and overnight funding. Razor separates spread and commission on FX and XAU/USD; charges depend on instrument, platform and currency. |
| Platforms | MetaTrader 4, MetaTrader 5 XM · Account types ↗Checked: | Pepperstone, MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Deposits and withdrawals | Cards, bank/local transfers and e-wallets. XM states it charges no deposit/withdrawal fees; conversion and banking conditions can affect the total. Applicable options appear under account Funding. XM · Deposits and withdrawals ↗Checked: | The public page lists cards, transfers and e-wallets among regional methods. Third-party payments are not accepted. Availability and provider charges depend on residence and entity; confirm options in the Client Area. |
| Source and date | 2026-10-15XM · Legal documents ↗XM · Account types ↗XM · Ultra Low swaps ↗XM · Deposits and withdrawals ↗ | 2026-10-15Pepperstone · Account comparison ↗Pepperstone · Legal documents ↗Pepperstone · Funding ↗Pepperstone · Withdrawals ↗ |
| View profile | View profile ↗ | View profile ↗ |
Before opening an accountCheck the entity serving you, its fees and the methods available in your country. The applicable terms are those the broker shows during registration.