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FIG 01 — HEAD TO HEAD

Pepperstone logoPepperstonevsInteractive BrokersInteractive Brokers logo

Pepperstone is regulated by ASIC, FCA, CySEC, DFSA, CMA, SCB, BaFin with spreads from 0.0 pips and a $0 minimum deposit, while Interactive Brokers is regulated by SEC, FINRA, FCA, ASIC, MAS, CBI, CIRO, SFC, SEBI, JFSA with spreads from 0.2 pips and a $0 minimum deposit.

Verified against each broker's site · Aug 2026. Spreads and terms shift often — always confirm current terms on the broker's own site before trading.

FIG 02 — SPECIFICATIONS

Pepperstone versus Interactive Brokers
SpecPepperstoneInteractive Brokers
Rating8.48.3
Trustpilot4.3 (3,400)3.5 (5,100)
RegulationASIC, FCA, CySEC, DFSA, CMA, SCB, BaFinSEC, FINRA, FCA, ASIC, MAS, CBI, CIRO, SFC, SEBI, JFSA
Min deposit$0$0
Spreads from0.0 pips0.2 pips
Commission$3.50/lot/side (Razor)From 0.20 bp of trade value (tiered)
Max leverage1:500 (offshore) / 1:30 (UK/EU)1:50 (US) / 1:30 (UK/EU)
PlatformsMT4, MT5, cTrader, TradingViewTrader Workstation, IBKR Mobile, GlobalTrader, WebTrader, API
Founded20101978

FIG 03 — VERDICT

8.4
Pepperstone
vs
8.3
Interactive Brokers

Pepperstone scores higher on our published methodology (8.4 vs 8.3 out of 10).

  • · Pepperstone has the stronger Trustpilot standing (4.3)
  • · Pepperstone runs the tighter spreads (from 0.0 pips)
  • · Interactive Brokers supports more trading platforms (Trader Workstation, IBKR Mobile, GlobalTrader, WebTrader, API)
Pepperstone logoPepperstone
Visit PepperstoneFull review
Interactive Brokers logoInteractive Brokers
Visit Interactive BrokersFull review

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