IronFX vs Pepperstone
IronFX or Pepperstone – which is better for UK traders 2026? Compare IronFX and Pepperstone in this detailed breakdown of their platforms, features and fees.
| IronFX | Pepperstone |
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| IronFX is ranked #16 among CFD brokers. | Pepperstone is ranked #6 among CFD brokers. |
| IronFX, established in 2010, is a highly regulated broker specialising in forex and CFDs. This acclaimed company provides access to over 500 markets for more than 1.5 million clients in 180 countries. Traders benefit from multiple account options with competitive rates via the MT4 platform, alongside 24/5 customer support available in 30 languages. | Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 830,000 clients worldwide. It offers access to 1,400+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, helping to ensure a secure environment for traders at all levels. |
| CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-89% of retail investor accounts lose money when trading CFDs. | |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto CFDs (only Pro clients), Spread Betting |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $0 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, CySEC, FSCA, BVI FSC | FCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya |
| Mobile Apps | |
| Android, iOS, WebTrader | iOS & Android |
| Trading App | |
| Pepperstone shines with top-tier integration with MT4, MT5, cTrader, and TradingView, ideal for traders using these major platforms. They offer stable mobile trading, boosted by Pepperstone's rapid execution speeds and extensive asset variety. It recently achieved second place in DayTrading.com's 2025 'Best Trading App' award. | |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| Yes | No |
| eSignal | |
| No | No |
| Trading Central | |
| Yes | No |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| Yes | Yes |
| LAMM Account | |
| Yes | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| The TradeCopier service enables aspiring investors to mirror the strategies of leading traders instantly. This tool offers novices an opportunity to learn from seasoned investors, while strategy providers have the potential to earn performance fees. | Pepperstone offers the replication of skilled traders' strategies via MetaTrader Signals, DupliTrade, and its new proprietary copy trading app, in collaboration with Pelican Trading. This service, available in select regions, grants access to numerous experienced traders and customized risk settings. However, it does not support cTrader Copy, which might discourage traders who prefer Spotware's platform. |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $50 | $0 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| IronFX offers over 300 instruments across forex, equities, commodities, and index CFDs. Leverage varies from 1:30 to 1:1000, based on the trader's account location. Exceptional technical analysis tools are available, featuring 30 built-in indicators and 9 different chart time frames. | In our recent assessment, Pepperstone remains a top-tier CFD broker, renowned for its speed and reliability. With execution times averaging 30ms and a remarkable 99.90% fill rate, traders benefit from a smooth experience free from requotes and dealing desk disruptions. Additionally, it offers extensive opportunities with access to more than 1,300 assets. |
| Leverage | |
| 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) | 1:30 (Retail - UK, EU, Australia), 1:500 (Pro), 1:200 (Offshore), 1:400 (Kenya) |
| FTSE Spread | |
| 140 | 1.0 |
| GBPUSD Spread< | |
| 0.8 | 0.4 |
| Oil Spread | |
| 3 | 0.02 |
| Stocks Spread | |
| Variable | 0.02 |
| Forex | |
| IronFX provides a robust choice of 80 currency pairs for traders. Utilise the market-leading MT4 platform, which includes various forex research tools. However, be aware that commission fees in zero-spread accounts are steep, starting at $13.50 per lot. | Pepperstone provides forex spreads on the EUR/USD averaging just 0.12 pips with their Razor account. This is highly competitive. Their extensive portfolio includes over 100 currency pairs, which exceeds what most rivals offer. Furthermore, Pepperstone stands out by offering three unique currency indices: USDX, EURX, and JPYX, which are rare on other platforms. They have been recognised with our 'Best Forex Broker' award twice. |
| Assets | |
| 80+ | 100+ |
| GBPUSD Spread | |
| 0.8 | 0.4 |
| EURUSD Spread | |
| 0.7 | 0.1 |
| EURGBP Spread | |
| 0.9 | 0.4 |
| Currency Indices | |
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| Cryptocurrency | |
| Pepperstone remains a leading name among trusted crypto CFD brokers. While its range of digital tokens is modest, it offers trading on major cryptocurrencies like Bitcoin and altcoins such as Ripple with leverage up to 1:10. Its crypto indices offer a comprehensive market perspective, often absent from other trading platforms. Additionally, Pepperstone has introduced a specific crypto exchange in Australia, named Pepperstone Crypto. | |
| Spread | |
| 30 (BTC) | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| IronFX | Pepperstone |
| CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-89% of retail investor accounts lose money when trading CFDs. | |
| More Comparisons | |
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IronFX vs |
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