Head-to-head comparison

FP Markets vs Pepperstone

A side-by-side look at FP Markets and Pepperstone — score, fees, platforms and who each one actually fits best.

FP Markets

Best raw-pricing candidate
4.7

Partner link pending; good next review candidate

Pepperstone

Best regulated all-rounder
4.8

Need partner approval and tracking links before monetized CTA

Quick verdict

Pepperstone scores higher overall (4.8 vs 4.7), but a higher score doesn't automatically mean it's the right pick for you.

FP Markets is the stronger fit for eCN-style trading, MT4/MT5 users, cost-focused traders, while Pepperstone is built more around active traders, cTrader users, TradingView workflows.

Regulation: FP Markets — ASIC, CySEC, FSCA, Seychelles and other group entities. Pepperstone — Licensed in multiple major jurisdictions.

Minimum deposit: FP Markets — Often from $100, depending on account/entity. Pepperstone — No fixed minimum in many regions.

Side by side

FP MarketsPepperstone
Best forECN-style trading, MT4/MT5 users, cost-focused tradersActive traders, cTrader users, TradingView workflows
PlatformsMT4, MT5, cTrader, TradingView, Iress in some regionsMT4, MT5, cTrader, TradingView, Pepperstone platform
RegulationASIC, CySEC, FSCA, Seychelles and other group entitiesLicensed in multiple major jurisdictions
Minimum depositOften from $100, depending on account/entityNo fixed minimum in many regions

FP Markets strengths

  • Strong partner program
  • Raw pricing angle
  • Broad CFD range

Pepperstone strengths

  • Strong regulation profile
  • Excellent platform stack
  • Affiliate and IB programs

Which one should you pick?

Pick FP Markets if you're mainly after eCN-style trading, MT4/MT5 users, cost-focused traders. It stands out for strong partner program and raw pricing angle.

Pick Pepperstone if you're mainly after active traders, cTrader users, TradingView workflows. It stands out for strong regulation profile and excellent platform stack.

Common questions

FP Markets vs Pepperstone FAQ

Is FP Markets better than Pepperstone?

Pepperstone scores higher in our rating (4.8 vs 4.7), but FP Markets may still be the better fit if you specifically need eCN-style trading, MT4/MT5 users, cost-focused traders.

What's the difference in regulation between FP Markets and Pepperstone?

FP Markets: ASIC, CySEC, FSCA, Seychelles and other group entities. Pepperstone: Licensed in multiple major jurisdictions.