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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…

Strong low-cost multi-asset and CFD broker, but regional/entity differences are material: leverage, NBP, investor compensation, fees and country acceptance must be rendered per ju…

Regulators listed by Pepperstone Group: ASIC, SCB, CySEC, DFSA, UAE CMA/SCA, BaFin, Kenya CMA and FCA.

FSC Belize, KNF Poland, FCA UK, CNMV Spain and CySEC Cyprus are disclosed across official XTB pages.

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.

Key disclosed numbers: FSC Registration No. 6442514 / FSC License No. 000302/438; FCA FRN 522157; CySEC CIF 169/12; UK company number 07227848.

Multiple Pepperstone entities are regulated in Australia, Bahamas, Cyprus/EEA, DIFC/UAE, Germany, Kenya and the UK; client protections differ by entity.

XTB Group entities include XTB International Limited (Belize/FSC), XTB S.A. (Poland/KNF), XTB Limited (UK/FCA), XTB Sucursal (Spain/CNMV), and XTB Limited (Cyprus/CySEC).

Negative balance protection applies to retail clients, but not to Pepperstone Pro/professional clients; entity wording varies and should be reviewed for client jurisdiction.

Negative balance protection is available for UK retail clients under XTB Limited, but international pages warn that losses can exceed deposits; treat as regional/entity dependent.

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.

UK retail clients may be entitled to FSCS compensation up to GBP 85,000; Cyprus legal page lists an Investor Compensation Fund document; international Belize compensation not found.

Conflicting/regional: no universal minimum; common method minimum is $/€/£10, bank transfers may have no minimum, crypto/global $25.

No minimum deposit on the international page; UK page lists 0 GBP / no minimum deposit.

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.

Minimum spread is 0.5 on the international page and 0.3 on the UK page, so it is region/entity dependent.

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.

Stocks/ETFs are commission-free up to EUR 100,000 monthly turnover, then 0.2% min EUR 10; CFD trading commission is advertised as 0%, with product-specific fees/markups in the fee table.

Pepperstone generally charges no internal deposit fees in reviewed tables, but third-party/intermediary fees may apply and availability varies regionally.

XTB advertises deposits as free, but international online payment fees include Skrill 2% and Neteller 1%; bank/payment-provider fees may apply.

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.

International withdrawals above 50 USD are free and below 50 USD cost 30 USD; UK withdrawals are free; detailed fee table lists additional method-specific fees.

No inactivity fee disclosed; accounts under ten units of currency inactive for three or more months may be archived.

Account maintenance is free for active clients; otherwise a monthly fee of 10 EUR may be charged when stated inactivity conditions are met.

CFDs on FX, indices, commodities, cryptocurrencies, shares and more; account/platform pages list forex, indices, commodities, shares, ETFs and cryptocurrency CFDs, with regional restrictions.

Official pages list real stocks and ETFs, Investment Plans, and CFDs on forex, indices, commodities, stocks/ETFs and cryptocurrencies.

Pepperstone offers its own platform/app plus TradingView, MT5, MT4 and cTrader; copy trading is also promoted.

XTB promotes an award-winning mobile application and web platform; account pages list Mobile, Desktop, Tablet availability and web app links go to xStation5.

Main account types are Standard and Razor CFD; UK also offers spread betting; demo and Pro classification are available.

XTB markets one simple account, offers swap-free accounts for certain eligible countries/entities, and offers a free training/demo account.

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.

Deposits are available by card, bank transfer, and online payments including Skrill and Neteller on the international page; UK page lists cards and bank transfer.

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.

Main withdrawal route on pages is a bank account in the client's name; the international fee table also lists withdrawal fees for credit cards and Skrill/Neteller/PayRetailers, implying availability in some contexts.

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.

Withdrawal processing is same/next business day on official pages, with UK payment allocation up to 3 business days.