Pepperstone vs XM

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

Pepperstone vs XM Comparison Table 2022
Pepperstone XM
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. XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
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 4.4
FCA Regulated
✓ Yes ✗ No
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
  • Best MT4/MT5 Broker 2021 - DayTrading.com
  • Global Forex Broker of the Year 2020 - Global Forex Awards
  • Best FX Broke Europe 2018 - World Finance
  • Best Forex Execution Broker 2017 - Share
Instruments
CFD, Forex, Indices, Crypto, Currency Indices, ETFs, Shares, Commodities, Spread betting Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
$500 recommended 5 $/€/£
Payment Methods
Apple Pay, Credit Card, Debit Card, Mastercard, PayPal, Visa, Wire Transfer Cashu, Credit Card, Debit Card, Diners Club, FasaPay, M-Pesa, Perfect Money, QIWI, Sofort, Sticpay, UnionPay, WorldPay, Yandex Money
Minimum Trade
0.01 Lots 0.01 Micro lots
Regulator
FCA, ASIC, DFSA, CMA, BaFin IFSC, DFSA, CySEC, ASIC
MetaTrader 4
✓ Yes ✓ Yes
MetaTrader 5
✓ Yes ✓ Yes
cTrader
✓ Yes ✗ No
DMA Account
✓ Yes ✗ No
ECN Account
✓ Yes ✗ No
Mobile Apps
iOS, Android and Windows iOS, Android and Windows
Auto Trading
✓ Yes Yes (EAs)
Trade Signals
Yes (Via Chartist Software) ✓ Yes
Social Trading
✓ Yes ✗ No
Copy Trading
✓ Yes ✗ No
Islamic Account
✓ Yes ✓ Yes
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 1:30
FTSE Spread
1.0 pts 1.5 pts (var)
GBPUSD Spread
0 pips (Via Razor) 2.1 (var)
Oil Spread
2.0 pips 0.05 (var)
Stocks Spread
From 0.0 pts for US shares 0.1% Var
Forex
Pepperstone offers spreads from 0.0 pips on the Razor account and has 60+ pairs available to trade. Lots start at 0.01. XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.
GBPUSD Spread
0 pips (Via Razor) 2.1 pips (var)
EURUSD Spread
0 pips (Via Razor) 1.6 pips (var)
EURGBP Spread
0 pips (Via Razor) 2 pips (var)
Assets
60+ 55+
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.

XM deliver a mobile app for both Android and iOS that has been specifically tailored to each platform, maximising the functionality of both. The app delivers the MetaTrader 4 and 5 platforms in your hand, with full trading and charting capabilities. Try it out today.

Cryptocurrency
Pepperstone offers a long list of popular cryptocurrencies Crypto trading not offered
Spread
BTC 30, ETH 0
Coins
BCH, BTC, ETH, LTC, DASH, ADA, LINK, DOGE, EOS, DOT, XRP, XLM, XTZ, UNI, BNB
Pepperstone XM
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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