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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1
Broker 2
VS field
Pepperstone

pepperstone.com

Forex BrokerMulti Asset BrokerStock CFD
IG

ig.com

CFD BrokerForex BrokerOption
Decision summary
Overall score
86
90
Trust score
88
100
Cost score
84
84
Platform score
92
94
Withdrawal score
80
89
Best for
Active forex/CFD traders who want MT4, MT5, cTrader or TradingView · Traders comparing Standard spread-only pricing vs Razor raw-spread plus commission · Users in supported jurisd…
Experienced CFD and forex traders seeking broad market access · UK clients wanting both leveraged trading and commission-free eligible share/ETF investing · Traders who value plat…
Watch out
Leverage, investor compensation, negative balance protection and funding availability differ by jurisdiction/entity · Minimum deposit messaging is inconsistent across official FAQ…
Needs verification
Trust & regulation
Regulators
Regulators listed by Pepperstone Group: ASIC, SCB, CySEC, DFSA, UAE CMA/SCA, BaFin, Kenya CMA and FCA.
Source
Authorised/supervised by FCA, BaFin/Deutsche Bundesbank, ASIC, FINMA, FSCA, MAS, FMA, DFSA, Japanese authorities, CFTC/NFA, and BMA depending region/entity.
Source
License numbers
Known official license numbers found: ASIC AFSL 414530; FCA 684312; CySEC 388/20; DFSA F004356; SCB SIA-F217; UAE 20200000358; Kenya CMA 128. BaFin number not found in reviewed official pages.
Source
FCA register numbers: 195355, 114059, 944492; DFSA reference F001780; IG Europe register 148759; IG Asia company registration 200510021K.
Source
Regulated entities
Multiple Pepperstone entities are regulated in Australia, Bahamas, Cyprus/EEA, DIFC/UAE, Germany, Kenya and the UK; client protections differ by entity.
Source
IG contracting entities vary by region, including UK IG Markets/IG Index/IG Trading and Investments, IG International Limited, IG Limited Dubai, IG Bank S.A., IG Asia Pte Ltd, IG Europe GmbH and others.
Source
Negative balance protection
Negative balance protection applies to retail clients, but not to Pepperstone Pro/professional clients; entity wording varies and should be reviewed for client jurisdiction.
Source
Negative balance protection applies to UK/ESMA/DFSA retail leveraged accounts; professional traders are excluded; some regional tables show ability to lose more than deposits for certain accounts.
Source
Investor compensation
Investor compensation is jurisdiction-specific: UK FSCS up to £85,000; Cyprus ICF up to €20,000; Germany EdW up to 90%/€20,000; other listed entities show no compensation scheme.
Source
Investor/deposit compensation depends on entity: FSCS UK, EdW Europe, esisuisse Switzerland; no compensation scheme disclosed for several other IG regions in comparison table.
Source
Restricted countries
Official regional disclaimers specifically mention United States, Belgium and (on EU pages) Spain, plus a general local-law restriction; country availability is entity-dependent.
Source
Official IG international and UK pages state the information is not directed at residents of the United States and Belgium; country availability is region/entity-dependent.
Source
Costs & account conditions
Minimum deposit
Conflicting/regional: no universal minimum; common method minimum is $/€/£10, bank transfers may have no minimum, crypto/global $25.
Source
Minimum deposit varies substantially by region, from $50 card/no minimum bank transfer for IG International to CHF 2500 for Switzerland.
Source
Spread from
Razor FX spreads from 0.0; Razor Spot Gold from 0.08; Standard FX examples from 1.0 on major pairs; spreads vary by market and conditions.
Source
Selected UK trading spreads: EUR/USD 0.6, S&P 500 0.4, Spot Gold 0.3; spreads are variable and selected examples only.
Source
Commission
Standard generally commission-free except equity CFDs; Razor FX/XAU/USD raw spread plus commission from $3.50 per lot per side; share/ETF CFD commissions vary by market/platform.
Source
Commission varies by product: commission-free UK investing in eligible stocks/ETFs; share CFD commissions include 0.10% UK/Euro and 2 cents/share US; manual currency conversion commissions also apply in UK investing.
Source
Maximum leverage
Entity/client-type dependent: retail ranges from 1:30 in EU/UK/AU to 1:200 under SCB examples and 1:400 Kenya; Pro marketing claims up to 1:1000 but detailed tables show lower values in some contexts.
Source
Leverage/margin is region- and product-dependent; IG International CFD page shows up to 1:200 for forex and indices, 1:143 commodities, 1:10 share/crypto CFDs; UAE page cites indices up to 20:1.
Source
Deposit fee
Pepperstone generally charges no internal deposit fees in reviewed tables, but third-party/intermediary fees may apply and availability varies regionally.
Source
Deposit fees vary by region; UK bank/debit/credit card funding free; other regions differ.
Source
Withdrawal fee
Most withdrawal methods are free, but international bank wire/TT withdrawals may incur a Pepperstone pass-through/deduction around USD $20 or £15 depending region; third-party fees may apply.
Source
UK withdrawals are listed as free for bank/debit/credit card methods; Dubai comparison table notes wire withdrawal $25; other regions vary.
Source
Inactivity fee
No inactivity fee disclosed; accounts under ten units of currency inactive for three or more months may be archived.
Source
Inactivity/admin fee is region/product-specific: UK charges page currently lists inactivity fee free; IG Bank Switzerland charges CHF 18/month after 2+ years inactivity with a balance.
Source
Markets, platforms & payments
Tradable assets
CFDs on FX, indices, commodities, cryptocurrencies, shares and more; account/platform pages list forex, indices, commodities, shares, ETFs and cryptocurrency CFDs, with regional restrictions.
Source
IG offers a broad range of tradable products by region, including CFDs on forex, indices, shares, commodities, crypto, ETFs, options, futures, bonds, rates and volatility; UK also has share dealing and selected options/futures; products vary by region.
Source
Trading platforms
Pepperstone offers its own platform/app plus TradingView, MT5, MT4 and cTrader; copy trading is also promoted.
Source
IG supports proprietary web/mobile platforms plus MT4, MT5 in some regions, ProRealTime, L2 Dealer, TradingView and institutional/API/FIX access.
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Account types
Main account types are Standard and Razor CFD; UK also offers spread betting; demo and Pro classification are available.
Source
Account types differ by region; examples include IG trading/professional, limited risk, share dealing, options, turbo24 and swap-free accounts.
Source
Deposit methods
Apple Pay, Google Pay, Visa/Mastercard, bank transfer, PayPal, Neteller, Skrill, Union Pay, USDT/ZotaPay and some local methods; availability varies by region and secure client area.
Source
Deposit methods vary by region; official pages mention bank transfer, debit/credit card, Wise, and Singapore PayNow.
Source
Withdrawal methods
Withdrawals are handled through the secure client area and generally mirror supported funding methods, but availability is regional and funds are normally returned to same-name accounts/methods.
Source
Withdrawal methods vary by region; UK charges list bank/debit/credit card deposits/withdrawals; comparison table lists US ACH/wire/check deposit and ACH/wire withdrawal details; help pages mention Card/ApplePay withdrawals.
Source
Withdrawal processing time
Withdrawal time varies by method/region: wallets/cards often up to 1 business day; bank transfers can be up to 2 business days domestically and up to 7 or 3-5 working days for international/bank wire settlement.
Source
Withdrawal timing is not a single global value; UK help articles indicate same-day processing for eligible card/ApplePay requests, up to 5 working days to receive, and 1-3 business days for bank transfers after approval.
Source

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