Pepperstone vs XTB (2026): regulation, platforms and costs compared

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

Pepperstone

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 review

XTB

Trust rank #7 · Founded 2002

XTB is a forex and CFD broker offering a proprietary platform, broad instrument coverage, and integrated research and education. It is regulated in multiple jurisdictions.

Read the XTB review

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. XTB (Poland, founded 2002) holds 5 regulatory licences (DFSA, FCA, FSCA, IFSC, KNF), 1 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 46 countries; Pepperstone is available in 183 countries where XTB is not, and XTB in 2 where Pepperstone is not.

Verdict at a glance

  • Pepperstone leads on regulatory coverage, platform choice, instrument range, country coverage and tier-1 licences.
  • XTB leads on trust rank and track record.
  • Level on fee level.

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.

Pepperstone vs XTB: side-by-side data

CriteriaPepperstoneXTB
Trust rank#10#7
Founded20102002
HeadquartersAustraliaPoland
RegulatorsASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCBDFSA, FCA, FSCA, IFSC, KNF
Broker typeECN, STPMarket Maker
PlatformscTrader, MT4, MT5, TradingViewProprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices
Countries accepted229 countries48 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingProfessional 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.

Pros

Pepperstone

  • Raw spreads from 0.0 pips + low commissions
  • Ultra-low-latency market execution, deep liquidity
  • NDD/STP model with scalping, hedging, and EAs allowed
  • MT4/MT5, cTrader, TradingView, and API support
  • Top-tier regulation (FCA, ASIC)

XTB

  • Tier-1 multi-jurisdiction regulation
  • Proprietary xStation 5 platform with advanced charting and one-click trading
  • Official xAPI for algorithmic trading and data access
  • Competitive FX spreads with commission-free Standard account
  • Publicly listed broker with audited financials

Cons

Pepperstone

  • No guaranteed stop-loss orders
  • Negative balance protection limited to EU/UK retail clients
  • Not available to U.S. residents
  • CFDs-only offering (no real stocks/ETFs)
  • No proprietary trading platform

XTB

  • No MetaTrader 5 support
  • No guaranteed stop-loss orders (GSLOs)
  • Inactivity fee after prolonged inactivity
  • Withdrawal fees for small amounts below minimum threshold
  • No integrated social/copy trading

Key features

Pepperstone

  • Agency model no dealing desk market execution
  • Razor raw spreads and Standard pricing
  • MT4 MT5 cTrader and TradingView platforms
  • Advanced tools Autochartist Smart Trader Tools cTrader Automate and VPS
  • Tier 1 regulation and segregated client funds ASIC FCA CySEC DFSA BaFin
  • Wide range of CFDs forex indices commodities shares and crypto where permitted

XTB

  • Multi asset CFD trading Forex Indices Commodities Shares ETFs Crypto
  • Real stock and ETF investing zero commission up to monthly cap
  • xStation 5 proprietary platform advanced charting sentiment and risk tools
  • Publicly listed broker segregated client funds and negative balance protection
  • Tier one regulation including FCA and KNF
  • Extensive education research and market news resources

Country availability: Pepperstone vs XTB

Available at both (46): Angola, Austria, Bermuda, Bulgaria, Canada, Chile, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Indonesia, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mauritania, Moldova, Montenegro, Netherlands, North Macedonia, Philippines, Poland, Portugal, Romania, Saint Kitts and Nevis, Serbia, Slovakia, Slovenia, South Africa, Sweden and 6 more.

Only Pepperstone (183): Afghanistan, Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei and 158 more.

Only XTB (2): Belgium, Spain.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

Pepperstone vs XTB: common questions

Which broker is more regulated, Pepperstone or XTB?

Pepperstone holds more regulatory licences: Pepperstone (ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB) versus XTB (DFSA, FCA, FSCA, IFSC, KNF). Tier-1 licences: Pepperstone 3, XTB 1.

Which trading platforms do Pepperstone and XTB offer?

Pepperstone offers cTrader, MT4, MT5, TradingView; XTB offers Proprietary.

Which has lower fees, Pepperstone or XTB?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, Pepperstone or XTB?

XTB is the older of the two, founded in 2002; Pepperstone was founded in 2010.

Are Pepperstone and XTB available in the same countries?

They overlap in 46 countries. Pepperstone is additionally available in 183 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Anguilla and 177 more) and XTB in 2 countries (Belgium, Spain).

Keep comparing

Pepperstone

XTB

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.