A side by side comparison of IC Markets and Pepperstone on regulation, spreads, platforms, minimum deposit and our independent scores, so you can pick the right broker for how you trade.
Overall, IC Markets scores higher in our review (90 vs 88 out of 100). Both are regulated by recognised authorities.
| IC Markets | Pepperstone | |
|---|---|---|
| MSP Score | 90/100 (A) | 88/100 (A) |
| Reputation score | 79/100 | 84/100 |
| Regulation | ASIC, CySEC, FSA | FCA, ASIC, CySEC |
| Founded | 2007 | 2010 |
| Headquarters | Sydney, Australia | Melbourne, Australia |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, cTrader, TradingView |
| MetaTrader 5 (MSP-ready) | Yes | Yes |
| Minimum deposit | $200 | $200 |
| Typical EUR/USD spread | 0.1 pips | 0.1 pips |
| Execution | ECN/STP | No dealing desk |
| Products | CFD | CFD, Spread Betting |
| Min deposit currency funding | Card, Bank transfer, PayPal | Card, Bank transfer, PayPal |
One clear TRADE or NO-TRADE verdict on any MetaTrader 5 chart. Free 7-day trial, no card.
Start free trialFor the complete breakdown of each broker, including reputation and regulator notes, read our IC Markets review and our Pepperstone review. You can also visit IC Markets or Pepperstone directly.
IC Markets scores higher overall in our review (90/100 vs 88/100), but the better choice depends on what you value. Compare the full table above to pick the right one for you.
Both have similar headline spreads; the real cost depends on your account type and commission, so compare current pricing on each broker's site.
Yes, both offer MetaTrader 5, so MSP runs on either.
Compare more: browse the full broker directory with filters, or see the best brokers by country.
