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IC Markets vs Pepperstone

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!

Vs

 PepperstoneIC Markets
Broker TypeECNECN
RegulationsASIC, CMA and FCAASIC, FSA, CySEC
Min Deposit$200.00$200.00
Account Base CurrencyUSD, AUD, EUR, GBP, JPY, NZD,CHF, SGD, HKDUSD, AUD, EUR, GBP, CAD, JPY, NZD,CHF, SGD, HKD
Max Leverage500:1500:1
Trading PlatformsMetatrader 4/5, cTrader, Webtrader, API Trading, MAM / PAMMMetatrader 4/5, cTrader, Webtrader, API Trading, MAM / PAMM
MarketsForex, Index CFD Trading, Precious Metals, Energy, BitcoinForex, Index CFD Trading, Precious Metals, Energy, Bitcoin
Bonus OfferedNoneNone
Funding OptionsCredit / Debit Card, PayPal, POLi, Union Pay, Bank Transfer, Bpay, Skrill, Neteller, Broker to BrokerCredit / Debit Card, PayPal, China Union Pay, Bank Transfer, Bpay, Skrill, Neteller, Qiwi, Fasapay, Webmoney, Fasapay, Broker to Broker
Live ChatYESYES

IC Markets Vs Pepperstone Ratings in 2021

Pepperstone

IC Markets

IC Markets

Regulation
90%
Regulation
90%
Trust Factor
85%
Trust Factor
90%
Popularity
82%
Popularity
92%
Funding Options
90%
Funding Options
80%
Total Score:
86.75%
Total Score:
88%

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.

Pepperstone

pepperstone

Vs

IC Markets

ic markets

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