IG
Pepperstone
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Overview
IG was founded in 1974 and is headquartered in UK, while Pepperstone was established in 2010 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IG serves 178,500+ clients worldwide; Pepperstone has 10,000+. Both brokers share the same minimum deposit of $200.
| Feature | IG | Pepperstone |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial 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 |
| Founded | 1974 | 2010 |
| Country | UK | Australia |
| Clients | 178,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IG and Pepperstone, directly affecting your bottom line as a trader. Both require a minimum deposit of $200. Neither broker charges withdrawal fees. Pepperstone applies inactivity fees on dormant accounts; IG does not. Overall, IG scores higher on fees in our assessment.
| Feature | IG | Pepperstone |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
IG 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. IG edges ahead on platform breadth and functionality in our scoring.
| Feature | IG | Pepperstone |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps | MT4, 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 IG 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. Pepperstone scores higher overall in education and research.
| Feature | IG | Pepperstone |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IG accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while Pepperstone supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Pepperstone uniquely supports Skrill and Neteller among the two brokers. Pepperstone scores higher on deposit and withdrawal flexibility.
| Feature | IG | Pepperstone |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both IG and Pepperstone offer live chat support. Both provide phone support. Email support is available at both brokers. IG supports 5 languages and Pepperstone supports 8, giving Pepperstone broader global reach. Both brokers are comparable on support quality.
| Feature | IG | Pepperstone |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, German, Spanish, and Portuguese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |