Pepperstone vs IG: deposit, leverage, spreads and platforms
How much do you need to start?
$0 account minimum vs No minimum to open
minimum deposit at Pepperstone, then IG, in their own words.
Read · both brokers' own pages · Link to this fact
CFD risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Data, not advice.
Pepperstone
- Minimum deposit
- $0 account minimum
- Maximum leverage (retail)
- 1:200 retail on FX, gold and major indices
- Spread, standard account
- from 1 pip on major FX pairs
- Platforms
- Pepperstone platform and app, MT4, MT5, cTrader, TradingView
- Swap-free (Islamic) account
IG
- Minimum deposit
- No minimum to open
- Maximum leverage (retail)
- 1:200 on major forex, major indices and spot gold for retail
- Spread, standard account
- Forex CFDs: no commission, cost built into the spread
- Platforms
- IG web platform and app, TradingView, MetaTrader 4, MetaTrader 5…
- Swap-free (Islamic) account
Pepperstone and IG, fact by fact
| Fact | Pepperstone | IG |
|---|---|---|
| Minimum deposit | $0 account minimum+1 more In fullpepperstone.com$0 account minimum; $10 minimum per deposit (no minimum by domestic bank transfer)Min deposit $0 $0… the minimum you can add is $10 or your local equivalent· pepperstone.com, read | No minimum to open+2 more |
| Maximum leverage (retail) | 1:200 retail on FX, gold and major indices+1 more In fullpepperstone.com1:200 retail on FX, gold and major indices (Pepperstone Markets Ltd, SCB Bahamas); 1:500 professionalUnder our SCB licence, the amount of leverage you can trade with depends on whether you're a retail or professional client. Asset class Max retail leverage Max pro leverage FX 1:200 1:500· pepperstone.com, read | 1:200 on major forex, major indices and spot gold for retail In fullig.com1:200 on major forex, major indices and spot gold for retail (IG International, Bermuda)EUR/USD 0.5% 1:200 GBP/USD 0.5% 1:200… Retail 1 Leverage equivalent· ig.com, read |
| Spread, standard account | from 1 pip on major FX pairs (Standard, no commission); Razor from 0.0 Sourcepepperstone.comRazor min spread Standard min spread GBPUSD 0 1 EURUSD 0 1· pepperstone.com, read | Forex CFDs: no commission, cost built into the spread+1 more In fullig.comForex CFDs: no commission, cost built into the spread; Spreads as low as 0.1 points (headline across markets)We do not charge commission for trading forex CFDs. The cost is built into the spread.… with spreads as low as 0.1 points· ig.com, read |
| Commission, raw-spread account | Razor: from $3.50 per lot per side on FX and spot gold, spreads from 0.0 Sourcepepperstone.comFX spreads start from 0.0 pts and Spot Gold spreads from 0.08 pts, with commission from $3.50 per lot, per side· pepperstone.com, read | |
| Platforms | Pepperstone platform and app, MT4, MT5, cTrader, TradingView In fullpepperstone.comPepperstone platform and app, MT4, MT5, cTrader, TradingView (TradingView not on Standard)Pepperstone's web platform and mobile app, MT5, MT4, TradingView and cTrader… TradingView : Access advanced charting tools and built-in indicators. Join a social network of 100 million traders across the world. Not available on a Standard CFD account.· pepperstone.com, read | IG web platform and app, TradingView, MetaTrader 4, MetaTrader 5…+1 more In fullig.comIG web platform and app, TradingView, MetaTrader 4, MetaTrader 5, ProRealTime, L2 Dealer; APIsIG offers an online trading platform and mobile app, plus third-party platforms including TradingView, MetaTrader 4, MetaTrader 5, ProRealTime and L2 Dealer.· ig.com, read |
| Account types | Standard and Razor (CFD accounts) Sourcepepperstone.comWe offer two CFD accounts – Standard and Razor· pepperstone.com, read | |
| Copy trading and trade copiers | yes: CopyTrading by Pepperstone (MT4/MT5) and cTrader Copy Sourcepepperstone.comPepperstone offers two copy trading options: CopyTrading by Pepperstone (browse thousands of signal providers and copy via MT4/MT5) and cTrader Copy· pepperstone.com, read | |
| Ways to deposit | crypto, Apple Pay, Google Pay, cards, PayPal, domestic bank transfer…+1 more In fullpepperstone.comcrypto, Apple Pay, Google Pay, cards, PayPal, domestic bank transfer, Neteller, Skrill, BPAY, PayID; local methods: UnionPay and AliPay (China only), Vietnam, Thailand, Indonesia, Malaysia local methodsCrypto $18 Free Immediate ApplePay $10 Free Immediate GooglePay $10 Free Immediate Debit/credit cards $10 Free Immediate PayPal $10 Free Immediate Domestic bank transfer No minimum Free Up to 7 business days Neteller $10 Free Immediate Skrill $10 Free Immediate BPAY $10 Free Up to 1 business day PAYID $10 Free Immediate… UPOP (Union Pay) China only… AliPay China only… Vietnam local methods Vietnam only… Thailand local methods Thailand only… Indonesia local methods Indonesia only… Malaysia local methods Malaysia only· pepperstone.com, pepperstone.com, read | Debit card, credit card, HKD FPS, bank transfer to HSBC Hong Kong or…+3 more In fullig.comDebit card (free), credit card (Visa 1%, Mastercard 0.5%), HKD FPS, bank transfer to HSBC Hong Kong or Standard Chartered Singapore; Wise; no cash, cheques or prepaid cards; Credit card, Wise or bank transferDebit Card Execution time: Instant deposit… Credit Card Execution time: Instant deposit… HKD FPS Execution time: Typically within one business day.… Transfer to our HK based HSBC account… Transfer to our Singapore based Standard Chartered Bank account… We cannot accept cash, cheques, ATM and teller payments, commercial credit cards, business credit cards or prepaid cards… Deposit via credit card, Wise or bank transfer.· ig.com, read |
| Account currencies | USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD Sourcepepperstone.comStandard account Razor account USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD· pepperstone.com, read | Bank-transfer currencies listed: USD, HKD, EUR, GBP, AUD, SGD Sourceig.comUS Dollars (USD) 741-183206- 201 Hongkong Dollars (HKD) 741-183206- 001 Euro (EUR) 741-183206-220 Sterling (GBP) 741-183206-202 Australian Dollars (AUD) 741-183206-203 Singapore Dollars (SGD)· ig.com, read |
| Deposit and withdrawal fees | no deposit fees; withdrawals free except $20 for international bank withdrawals Sourcepepperstone.comPepperstone does not charge any deposit fees… Pepperstone charges withdrawal fees only for international bank withdrawals… If you choose to withdraw funds to an international bank, we will deduct $20 from your trading account balance· pepperstone.com, pepperstone.com, read | Debit card free+2 more In fullig.comDebit card free; credit card Visa 1%, Mastercard 0.5%; bank transfers free (your bank may charge)Cost: Free for Visa and MasterCard.… Cost: 1% charge for Visa and 0.5% charge for MasterCard.… International bank wire transfers may incur fees charged by your bank.· ig.com, read |
| Inactivity fee | none Sourcepepperstone.comWe don't charge any account keeping or inactivity fees· pepperstone.com, read | |
| Negative balance protection | yes, retail clients Sourcepepperstone.comDoes Pepperstone offer negative balance protection? We do offer negative balance protection to all retail clients!· pepperstone.com, read | Yes, for trading-related debt; not for professional traders Sourceig.comNegative balance protection applies to trading-related debt only, is not available to professional traders· ig.com, read |
| What you can trade | 1,350+ CFDs: forex, indices, shares, commodities, ETFs, crypto In fullpepperstone.com1,350+ CFDs: forex (93), indices (26), shares (1,162), commodities (40), ETFs (95), crypto (31)Forex CFDs 93 Index CFDs 26 Share CFDs 1162 Commodity CFDs 40 ETF CFDs 95 Crypto CFDs 31… 1350+ markets including share CFDs, index CFDs, forex, commodity CFDs and more· pepperstone.com, read | 17,000+ markets: forex, indices, shares, commodities, crypto, ETFs via…+2 more In fullig.com17,000+ markets: forex (90+ pairs), indices (80+), shares (13,000+), commodities, crypto, ETFs (5,400+) via CFDs; options, knock-outs; 90+ forex pairs (major, minor, exotic)Go long or short on 17,000+ markets… Trade 80+ global indices like the US 500 & FTSE 100.… Choose from 5,400+ ETFs across a range of markets.… Access 90+ major, minor, and exotic forex pairs.· ig.com, ig.com, read |
| Regulators, as the broker states them | Securities Commission of The Bahamas for the /en site+1 more In fullpepperstone.comSecurities Commission of The Bahamas (SCB, SIA-F217) for the /en site; group also states FCA, ASIC, CySEC, BaFin, SCA, DFSA, CMAwe are regulated by the Securities Commission of the Bahamas (SCB) locally and by several reputable authorities around the world, including the FCA, ASIC, CySEC, BaFin, SCA, DFSA and CMA· pepperstone.com, read | Bermuda Monetary Authority (IG International Limited) Sourceig.comIG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.· ig.com, read |
| Companies | Pepperstone Markets Limited for the /en site+1 more In fullpepperstone.comPepperstone Markets Limited (Bahamas, company no. 177174 B) for the /en site; other licensed group companies not named on pages read© 2026 Pepperstone Markets Limited | Company registration number 177174 B | SIA-F217… Pepperstone Markets Limited is located at #1 Pineapple House, Old Fort Bay, Nassau, New Providence, The Bahamas· pepperstone.com, read | IG International Limited+1 more In fullig.comIG International Limited (Bermuda); part of IG Group (parent IG Group Holdings Plc)CFD Accounts provided by IG International Limited.… IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc.· ig.com, read |
| US access | no (site not directed at US residents) Sourceig.comThe information on this site is not directed at residents of the United States· ig.com, read |
Where each takes clients
| Country | Pepperstone | IG |
|---|---|---|
 Bangladesh | Unclear We hold no country list or Bangladesh licence for Pepperstone. | Unclear We hold no country list or Bangladesh licence for IG. |
 India | No judged The RBI Alert List names Pepperstone among forex platforms. | No judged The RBI Alert List names IG Markets among forex platforms. |
 Indonesia | Unclear We hold no country list or Indonesia licence for Pepperstone. | Unclear We hold no country list or Indonesia licence for IG. |
 Kenya | Unclear We hold no country list or Kenya licence for Pepperstone. | Unclear We hold no country list or Kenya licence for IG. |
 Malaysia | Unclear We hold no country list or Malaysia licence for Pepperstone. | Unclear We hold no country list or Malaysia licence for IG. |
 Nigeria | Unclear We hold no country list or Nigeria licence for Pepperstone. | Unclear We hold no country list or Nigeria licence for IG. |
 Pakistan | Unclear We hold no country list or Pakistan licence for Pepperstone. | Unclear We hold no country list or Pakistan licence for IG. |
 South Africa | Unclear We hold no country list or South Africa licence for Pepperstone. | Yes IG names a company for South Africa: IG Markets South Africa Ltd. |
 the UAE | Unclear We hold no country list or the UAE licence for Pepperstone. | Yes judged IG names a company for the UAE: IG Limited. |
 the UK | Yes judged Pepperstone holds a licence in the UK, through Pepperstone Limited. | Yes IG names a company for the UK: IG Index Ltd, IG Markets Ltd. |
 the US | Unclear We hold no country list or the US licence for Pepperstone. | Yes IG names a company for the US: IG US LLC. |