You are probably here because you are stuck.. you cant decide which Forex broker is better, IC Markets or Pepperstone.
Both brokers are very similar, Australian and so on, but only one gets to be slightly better. Here we will break it down for you piece by piece and tell you which of these 2 Forex brokers is the winner, IC Markets VS Pepperstone.
Scroll down to the bottom to see the winner!
| Pepperstone | IC Markets | |
| Broker Type | ECN | ECN |
| Regulations | ASIC, CMA and FCA | ASIC, FSA, CySEC |
| Min Deposit | $200.00 | $200.00 |
| Account Base Currency | USD, AUD, EUR, GBP, JPY, NZD,CHF, SGD, HKD | USD, AUD, EUR, GBP, CAD, JPY, NZD,CHF, SGD, HKD |
| Max Leverage | 500:1 | 500:1 |
| Trading Platforms | Metatrader 4/5, cTrader, Webtrader, API Trading, MAM / PAMM | Metatrader 4/5, cTrader, Webtrader, API Trading, MAM / PAMM |
| Markets | Forex, Index CFD Trading, Precious Metals, Energy, Bitcoin | Forex, Index CFD Trading, Precious Metals, Energy, Bitcoin |
| Bonus Offered | None | None |
| Funding Options | Credit / Debit Card, PayPal, POLi, Union Pay, Bank Transfer, Bpay, Skrill, Neteller, Broker to Broker | Credit / Debit Card, PayPal, China Union Pay, Bank Transfer, Bpay, Skrill, Neteller, Qiwi, Fasapay, Webmoney, Fasapay, Broker to Broker |
| Live Chat | YES | YES |
IC Markets Vs Pepperstone Ratings in 2021
Pepperstone
IC Markets
IC Markets
IC Markets vs Pepperstone Trade volume
Peperstone and IC Markets are both rooted in Australian and are regulated under ASIC the Australian Securities and Investment Commission.
In 2020 IC markets had a monthly average of 19 billion dollars traded vs pepperstone which had 7 billion dolllars averaging every month, making IC markets one of the biggest retail forex brokers based on trade volume.
IC Markets or Pepperstone, Which is better
As you can see with all the information above it is clear both brokers offer the same features and standards. For 2021 IC markets is the winner against Pepperstone. Here are our reasons why:
IC Markets pros…
- Has more active clients than Pepperstone
- Higher monthly average trading volume, 19 billion vs 7 billion for Pepperstone.
- Somewhat better live chat function
- Overall more popular
Overall both brokers would be a good choice for most retail traders and we hope this made the decision a bit easier.
About This Article
Author: Mark Prosz
Sources of information and credits for this post include:
https://pepperstone.com/en-au/, https://www.icmarkets.com/global/en
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