A side-by-side look at Interactive Brokers and Pepperstone — score, fees, platforms and who each one actually fits best.
Publicly traded (NASDAQ: IBKR), commission-based pricing instead of spread markup. Affiliate program leans institutional — likely needs direct outreach rather than a self-serve signup.
Need partner approval and tracking links before monetized CTA
Pepperstone scores higher overall (4.8 vs 4.1), but a higher score doesn't automatically mean it's the right pick for you.
Interactive Brokers is the stronger fit for serious traders wanting global market access and low commissions, while Pepperstone is built more around active traders, cTrader users, TradingView workflows.
Regulation: Interactive Brokers — SEC/FINRA (US), FCA (UK) and more. Pepperstone — Licensed in multiple major jurisdictions.
Minimum deposit: Interactive Brokers — No minimum. Pepperstone — No fixed minimum in many regions.
Pick Interactive Brokers if you're mainly after serious traders wanting global market access and low commissions. It stands out for publicly traded broker and very low commissions.
Pick Pepperstone if you're mainly after active traders, cTrader users, TradingView workflows. It stands out for strong regulation profile and excellent platform stack.
Pepperstone scores higher in our rating (4.8 vs 4.1), but Interactive Brokers may still be the better fit if you specifically need serious traders wanting global market access and low commissions.
Interactive Brokers: SEC/FINRA (US), FCA (UK) and more. Pepperstone: Licensed in multiple major jurisdictions.
