Pepperstone vs Interactive Brokers

Pepperstone or Interactive Brokers – which is better for UK traders 2022? Compare Pepperstone and Interactive Brokers in this detailed breakdown of their platforms, features and fees.

Pepperstone vs Interactive Brokers Comparison Table 2022
Pepperstone Interactive Brokers
Pepperstone offers spread betting and CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
Rating
4.8 Not yet rated
FCA Regulated
✓ Yes ✓ Yes
Awards
  • Best Trading App - DayTrading.com 2022
  • Best Forex Broker - DayTrading.com 2021
  • #1 Overall Client Satisfaction - UK Investment Trends 2022
  • #1 Value for Money - UK Investment Trends 2022
  • #1 Quality of Trade Execution - UK Investment Trends 2022
  • #1 Ease of Platform Navigation - UK Investment Trends 2022
  • #1 Charting - UK Investment Trends 2022
  • Best Forex Broker Overall - Compareforexbrokers.com 2022
  • Best MT4 Broker - Good Money Guide Best MT4 Broker 2022
  • Top 5 MetaTrader brokers - Broker Chooser Top 5 MetaTrader brokers 2022
Instruments
CFD, Forex, Indices, Crypto, Currency Indices, ETFs, Shares, Commodities, Spread betting Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
$500 recommended $10000
Payment Methods
Apple Pay, Credit Card, Debit Card, Mastercard, PayPal, Visa, Wire Transfer ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay
Minimum Trade
0.01 Lots $100
Regulator
FCA, ASIC, DFSA, CMA, BaFin SEC, FCA, IIROC, SFC
MetaTrader 4
✓ Yes ✗ No
MetaTrader 5
✓ Yes ✗ No
cTrader
✓ Yes ✗ No
DMA Account
✓ Yes ✓ Yes
ECN Account
✓ Yes ✗ No
Mobile Apps
iOS, Android and Windows iOS, Android and Windows
Auto Trading
✓ Yes ✗ No
Trade Signals
Yes (Via Chartist Software) ✗ No
Social Trading
✓ Yes ✗ No
Copy Trading
✓ Yes ✗ No
Islamic Account
✓ Yes ✗ No
CFD
Trade CFDs across a wide range of assets with up to 1:500 leverage for professionals and 1:30 for retail clients
Leverage
1:30 1:50
FTSE Spread
1.0 pts 0.005% (£1 Min)
GBPUSD Spread
0 pips (Via Razor) Commission (.20 pts x trade value)
Oil Spread
2.0 pips N/A
Stocks Spread
From 0.0 pts for US shares From 0.003 per share, variable
Forex
Pepperstone offers spreads from 0.0 pips on the Razor account and has 60+ pairs available to trade. Lots start at 0.01.
GBPUSD Spread
0 pips (Via Razor) Commission (.20 pts x trade value)
EURUSD Spread
0 pips (Via Razor) Commission (.20 pts x trade value)
EURGBP Spread
0 pips (Via Razor) Commission (.20 pts x trade value)
Assets
60+ 70+
Forex App

Pepperstone deliver their MetaTrader 4 and MetaTrader 5 platforms across both Android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition.

Cryptocurrency
Pepperstone offers a long list of popular cryptocurrencies
Spread
BTC 30, ETH 0
Coins
BCH, BTC, ETH, LTC, DASH, ADA, LINK, DOGE, EOS, DOT, XRP, XLM, XTZ, UNI, BNB BTC, LTC, ETH, XRP
Pepperstone Interactive Brokers
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
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