Compare Pepperstone Vs IG: Which is the Better Forex Broker in 2024?
Pepperstone Vs IG, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Pepperstone Vs IG, here is the direct comparison:
Compare | Pepperstone | IG |
General Rating |
3.31/5 |
2.40/5 |
Score | ||
Trustpilot |
4.6/5 1965 users |
4.1/5 6650 users |
πΌ Regulation | ||
β Info | ||
β Established | 2010 | 1974 |
π² Min Deposit | $0 | $0 |
β Max Leverage | 1:400 | 1:50 |
π’ Spread | Variable | Variable |
πΈ Commissions | $7 | $3 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Credit/debit cards, PayPal, UnionPay, Wire transfer, Neteller and Skrill | Wire transfer and Credit/debit cards |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | Chinese, English, Russian | German, English, Spanish, French, Italian, Japanese, Portuguese, Swedish, Chinese |
πͺ Trade Now | Open Pepperstone | Open IG |
Compare Again
Testimonials
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Pepperstone: Do not use this company!
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Pepperstone: Great support team
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Pepperstone: Great platform!
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Pepperstone: dissapointing!
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Pepperstone: Really bad for scalping
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IG: Dreadful customer support. The app is brilliant but suffers with...
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IG: IG apps sometimes unresponsive which result me cost more money....
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IG: I wanted to trade Forex on the MT4 platform, but...
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IG: I do not recommend using IG and moved to another...
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IG: Overall my experience with IG was positive. The only issue...
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See More Pepperstone Testimonials
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See More IG Testimonials
News
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IG Forex Broker Secures Naming Rights for Nagoya's 17,000-Seat Arena
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IG Asia's CEO Tony Lim Bids Farewell After 9 Years
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IG Group Forex Broker Welcomes Breon Corcoran as New CEO
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IG Forex Broker Faces Revenue Decline of 9 Percent in H1 FY24
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Pepperstone Partners with AFC Asian Cup for Enhanced Fan Experience
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Pepperstone Secures Dianah Njeri Igati as the New Regional Head of Compliance
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IG Group Hires Eren Eraslan Head of IG Unit in Northern Europe
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IG CEO June Felix Leaves Her Position due to Health Condition
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IG Group US Collaborates with FIA to Strengthen Global Position
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See More Related Pepperstone News
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See More Related IG News
Article
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5 Ways Pepperstone Automated Trading Can Help You
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What Can You Get from Pepperstone Smart Trader Tools?
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Comparing Pepperstone and FP Markets Trading App
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3 Ways Pepperstone Provides the Best Trading Resources
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FP Markets Vs Pepperstone for Cryptocurrency Trading
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FP Markets Vs Pepperstone Social Trading Comparison
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What is Pepperstone Premium Client?
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What It Means to be a Professional Client in Pepperstone
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Is Pepperstone a True ECN Broker?
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See More Related Pepperstone Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Pepperstone provides their pricing with Variable spread while IG offers Variable spread.
Pepperstone vs IG: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Pepperstone enables trading with MetaTrader 4, MetaTrader 5, cTrader, TradingView, Social trading, Web. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, IG provides trading with MetaTrader 4 (Limited with 14 days), PureDeal (Limited with 14 days), L2 Dealer (Limited with 14 days) with the support of One-click trading, Trailing stop, Pending orders.
Is Pepperstone or IG better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Pepperstone supports trading with Forex, Gold & silver, Crypto, Stocks, CFD, Indexes, Oil, Metals, Energies, Soft Commodities, Agriculture, Spread Betting (only for UK clients), ETF, while IG presents the ability of trading with Forex, Gold & silver, CFD, Oil, Spread betting, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Pepperstone and IG:
- Compare Pepperstone vs FXGT
- Compare Pepperstone vs ThinkMarkets
- Compare Pepperstone vs Forex4You
- Compare IG vs Axi
- Compare IG vs ADSS
- Compare IG vs FBS
For more comparisons, visit this page.