Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.
Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #23 · Editorial rating 9 / 10 · Founded 2005
FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer…
Read the FP Markets review
Trust rank #10 · Founded 2010
Pepperstone is a well-regarded forex broker offering access to forex and CFD markets through multiple trading platforms, with tools for analysis and risk management.
Read the Pepperstone reviewFP Markets (Australia, founded 2005) holds 4 regulatory licences (ASIC, CMA, CySEC, FSCA), 1 of them tier-1, offers cTrader, MT4, MT5 and sits in our low-fee bracket. Pepperstone (Australia, founded 2010) holds 8 regulatory licences (ASIC, BaFin, CMA, CySEC, DFSA…), 3 of them tier-1, offers cTrader, MT4, MT5, TradingView and sits in our low-fee bracket. The two overlap in 223 countries; FP Markets is available in 2 countries where Pepperstone is not, and Pepperstone in 6 where FP Markets is not.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | FP Markets | Pepperstone |
|---|---|---|
| Editorial rating | 9 / 10 | Not verified |
| Trust rank | #23 | #10 |
| Founded | 2005 | 2010 |
| Headquarters | Australia | Australia |
| Regulators | ASIC, CMA, CySEC, FSCA | ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB |
| Broker type | DMA, ECN, STP | ECN, STP |
| Platforms | cTrader, MT4, MT5 | cTrader, MT4, MT5, TradingView |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 225 countries | 229 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Copy Trading, Professional Trading, Retail Trading | Copy Trading, Professional Trading, Retail Trading |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Available at both (223): Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island and 183 more.
Only FP Markets (2): Belgium, Spain.
Only Pepperstone (6): Afghanistan, Iraq, Liberia, Libya, Somalia, Yemen.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Pepperstone holds more regulatory licences: FP Markets (ASIC, CMA, CySEC, FSCA) versus Pepperstone (ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB). Tier-1 licences: FP Markets 1, Pepperstone 3.
FP Markets offers cTrader, MT4, MT5; Pepperstone offers cTrader, MT4, MT5, TradingView.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
FP Markets is the older of the two, founded in 2005; Pepperstone was founded in 2010.
They overlap in 223 countries. FP Markets is additionally available in 2 countries (Belgium, Spain) and Pepperstone in 6 countries (Afghanistan, Iraq, Liberia, Libya, Somalia, Yemen).
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.