IC Markets vs Pepperstone
Side by side on the facts each broker publishes. Advertised costs are the brokers’ own “from” figures.
Updated
Key differences
- Only IC Markets lists: FSA (Seychelles).
- Only Pepperstone lists: SCB, FCA, DFSA, SCA.
- Pepperstone has the lower stated minimum deposit ($0 vs $200).
- Pepperstone offers Proprietary; IC Markets does not list it.
- IC Markets confirms copy trading; Pepperstone does not confirm it on its site.
- IC Markets confirms a swap-free account; Pepperstone does not confirm it on its site.
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| Field | IC Markets | Pepperstone |
|---|---|---|
| Score | 77.8/100 | 81.9/100 |
| Regulators | FSA (Seychelles), ASIC, CySEC | SCB, ASIC, FCA, CySEC, DFSA, SCA |
| Founded | 2007Founded in Sydney, Australia. | 2010Founded in Melbourne. |
| Platforms | MT4, MT5, cTrader, TradingViewMT4, MT5 and cTrader on the account page; TradingView listed in the ic.com navigation. | MT4, MT5, cTrader, TradingView, Proprietary |
| Minimum deposit | $200FAQ: USD 200 or equivalent. | NoneAccounts table shows $0; funding minimum $10. |
| Raw commission / side (advertised) | $3.50USD 3.50 per lot per side. | $3.50Razor, "from $3.50 per lot, per side". |
| Spread from, no-commission account (advertised) | 0.80EUR/USD "from" spread, Standard account. | Not verified |
| Measured EUR/USD spread | Not yet tested | Not yet tested |
| Max. leverage | 1:5000 | 1:30 retail (1:500 professional)Bahamas entity page. |
| Copy trading | YesIC Social, cTrader Copy, ZuluTrade and others. | Not confirmed |
| Swap-free / Islamic | YesSwap Free account listed. | Not confirmed |
| Deposit methods | Visa, Mastercard, Apple Pay, Google Pay, Skrill, Neteller | Not verified |
| Restricted-country list | 5 listed (partial)Plus any country where use would be contrary to local law. | Not found |
| Visit |
Sources for each value are on the individual broker pages. Data verified 11 Oct 2026.
Risk warning: CFDs and leveraged forex are complex instruments and carry a high risk of losing money rapidly due to leverage. Most retail accounts lose money. Only trade with money you can afford to lose. Nothing on this site is investment advice. Read the full risk warning.