XM vs Pepperstone: platforms, accounts and countries
The best broker depends on your country, platform, product and total cost. We compare verifiable differences to help you choose; an IB commission does not determine a winner.
The best broker depends on your country, platform, product and total cost. We compare verifiable differences to help you choose; an IB commission does not determine a winner.
XM
Standard, Ultra Low and Shares accounts in the global offering. MetaTrader 4 and MetaTrader 5 access depends on account and entity.
Choose your platform
MetaTrader 4 · MetaTrader 5
Account types
Standard, Ultra Low and Shares in the published global offering. Availability depends on country and entity.
Standard and Ultra Low have different spread conditions. Ultra Low swap exemptions cover selected instruments only; check instrument commission, conversion and financing.
Standard and Razor. The reviewed table reserves TradingView for Razor; MT4, MT5, cTrader and Pepperstone's platform appear for both.
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.
This table reflects our IB program routes. Accepting an application is not local regulatory authorization or a guarantee of account approval. Confirm residence, entity and documents in the broker's form.
Where they differ
XM
Standard, Ultra Low and Shares accounts in the global offering. MetaTrader 4 and MetaTrader 5 access depends on account and entity. Standard, Ultra Low and Shares in the published global offering. Availability depends on country and entity.
Pepperstone
Standard and Razor accounts. TradingView is available with Razor; compare platform, commissions and entity before choosing. Standard and Razor. The reviewed table reserves TradingView for Razor; MT4, MT5, cTrader and Pepperstone's platform appear for both.
To establish a cheaper option, we would need matching entity, instrument, size, time, platform and funding period. Account models alone do not establish that conclusion.
