B
ifc markets logo

ifc markets

7.3/10
Pepperstone logo

Pepperstone

9/10
10/10RegulationTied10/10
0/10FeesWinner6/10
7/10PlatformsTied7/10
4/10Education & ResearchWinner10/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

ifc markets was founded in 2016 and is headquartered in Cyprus, while Pepperstone was established in 2010 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. ifc markets serves 60,000+ clients worldwide; Pepperstone has 10,000+. The minimum deposit is $250 at ifc markets and $200 at Pepperstone.

Pepperstone wins this category
Featureifc marketsPepperstone
Min. Deposit$250$200
RegulationFinancial 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-F259Financial 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
Founded20162010
CountryCyprusAustralia
Clients60,000+10,000+

Fees

Fees are a critical factor when choosing between ifc 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 ifc markets). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Pepperstone scores higher on fees in our assessment.

Pepperstone wins this category
Featureifc marketsPepperstone
Min. Deposit$250$200
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesYes

Platforms

ifc markets offers MT5, cTrader, while Pepperstone supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Pepperstone supports social and copy trading features, which ifc markets does not offer. The two brokers are closely matched on platform offering.

Tied
Featureifc marketsPepperstone
MT4NoNo
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 ifc markets and Pepperstone compare. Pepperstone runs regular live webinars; ifc markets does not. Both provide video tutorials. Pepperstone publishes daily market commentary; ifc markets does not. Both integrate third-party research tools. Pepperstone maintains an archive of past webinars for on-demand viewing. Pepperstone scores higher overall in education and research.

Pepperstone wins this category
Featureifc marketsPepperstone
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ifc 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
Featureifc 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 ifc 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
Featureifc marketsPepperstone
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic