B
fx global markets logo

fx global markets

7.8/10
Pepperstone logo

Pepperstone

9/10
7/10RegulationWinner10/10
0/10FeesWinner6/10
9/10WinnerPlatforms7/10
10/10Education & ResearchTied10/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

fx global markets was founded in 2017 and is headquartered in United States, while Pepperstone was established in 2010 and is based in Australia. fx global markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Pepperstone is regulated by Financial Conduct Authority (FCA) among others. fx global markets serves 10,000+ clients worldwide; Pepperstone has 10,000+. The minimum deposit is $250 at fx global markets and $200 at Pepperstone.

Pepperstone wins this category
Featurefx global marketsPepperstone
Min. Deposit$250$200
RegulationCyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
Founded20172010
CountryUnited StatesAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between fx global markets and Pepperstone, directly affecting your bottom line as a trader. Pepperstone has a lower barrier to entry with a minimum deposit of $200 (vs $250 at fx global markets). fx global markets charges withdrawal fees while Pepperstone does not, a notable advantage for frequent withdrawers. Pepperstone applies inactivity fees on dormant accounts; fx global markets does not. fx global markets charges deposit fees; Pepperstone does not. Overall, Pepperstone scores higher on fees in our assessment.

Pepperstone wins this category
Featurefx global marketsPepperstone
Min. Deposit$250$200
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

fx global markets offers MT4, MT5, cTrader, while Pepperstone supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. fx global markets edges ahead on platform breadth and functionality in our scoring.

fx global markets wins this category
Featurefx global marketsPepperstone
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how fx global markets and Pepperstone compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
Featurefx global marketsPepperstone
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx global markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Pepperstone supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
Featurefx global marketsPepperstone
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx global markets and Pepperstone offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.

Tied
Featurefx global marketsPepperstone
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic