FP Markets vs Pepperstone
A side-by-side comparison built from each broker's own published record — licenses checked against official registers, terms quoted from their own pages, with the source linked on every claim.
| Regulation | ASIC · FSA Seychelles · FSCA · FSC Mauritius · CySEC | ASIC · FCA · CySEC · DFSA · SCB |
| License no. | ASIC AFSL 286354 (First Prudential Markets Pty Ltd, ABN 16 112 600 281) FSA Seychelles SD130 (First Prudential Markets Limited) FSCA FSP 50926 (FP Markets (Pty) Ltd) FSC Mauritius GB21026264 (FP Markets Ltd) CySEC 371/18 (First Prudential Markets Ltd, reg. HE 372179) | ASIC AFSL 414530 (ACN 147 055 703) FCA 684312 (Company No. 08965105) CySEC 388/20 (Company No. HE 398429) DFSA F004356 SCB SIA-F217 (Company No. 177174 B) |
| Founded | 2005 | 2010 |
| Minimum deposit | $100 | $10 |
| EUR/USD spread from | 0.0 pips (Raw account, MT4/MT5/cTrader; commission US$3 per 100k lot each way); 1.0 pips (Standard account, zero commission) | 0.0 pips (Razor account, raw spread + commission from $3.50 per lot per side) |
| Leverage | Multiple: Up to 1:500 on Standard and Raw accounts, from 1:1 depending on instrument | ASIC (Australia): Retail 30:1 · Pro 500:1 |
| Gulf Payments | AED account | UAE local bank · AED account |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, Iress, FP Markets mobile app | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone platform (web + mobile app) |
| Broker-published claim | Enjoy Skrill and Neteller withdrawals in one business day. [Source] | Cards, Apple Pay and Google Pay withdrawals: "Same Day - Up to 1 working day"; bank transfers: "Same Day - Up to 3 working days". Pepperstone notes final settlement depends on third-party institutions and can vary. [Source] |
| Withdrawal methods | Bank wire (domestic and international), Credit/debit card (Visa, Mastercard), E-wallets (Skrill, Neteller), Crypto wallets | Visa, Mastercard, Bank transfer, PayPal, Skrill, Neteller, UnionPay, Apple Pay, Google Pay, USDT |
| Crypto deposits/withdrawals | Yes | Yes |
| Islamic Accounts | Yes | Yes |
| Measured by us | Testing in progress | Testing in progress |
| Accepts clients from | Australia, Hong Kong, Singapore, China, Thailand, Mexico, Taiwan, United Arab Emirates, Germany, India, Saudi Arabia, Malaysia, Turkey, Kenya, Colombia, Italy, Vietnam, Chile, Peru, Indonesia, Argentina, Qatar, Kuwait, Oman, Bahrain | Australia, Hong Kong, United Kingdom, Singapore, China, Thailand, Mexico, Taiwan, United Arab Emirates, Germany, India, Saudi Arabia, Malaysia, Turkey, Mongolia, Kenya, Colombia, Italy, Vietnam, Chile, Peru, Indonesia, Qatar, Kuwait, Oman, Bahrain |
| Open account | Open account |
We do not name a winner here. The two records sit side by side because the right answer depends on where you live, what you trade, and which entity would onboard you — all of which the table shows.
By Country
- FP Markets + Pepperstone: Australia, Hong Kong, Singapore, China, Thailand, Mexico, Taiwan, United Arab Emirates, Germany, India, Saudi Arabia, Malaysia, Turkey, Kenya, Colombia, Italy, Vietnam, Chile, Peru, Indonesia, Qatar, Kuwait, Oman, Bahrain
- FP Markets Yes / Pepperstone No: Argentina
- Pepperstone Yes / FP Markets No: United Kingdom, Mongolia
Is FP Markets or Pepperstone better?
Neither is better in the abstract. Compare the rows that apply to you: whether each broker accepts clients from your country, which entity and regulator you would be onboarded under, the minimum deposit, and how withdrawals work on the rail you would actually use.
Which is safer, FP Markets or Pepperstone?
Safety follows the entity that holds your money, not the brand. Both records list every regulator and license number each broker publishes — check which entity serves your country, then verify that license on the regulator's own register.