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Exness vs Pepperstone 2026

A detailed head-to-head comparison of Exness and Pepperstone across regulation, trading costs, platforms, and more.

Exness logo - BrokerAudit
Exness

Est. 2008 · Limassol, Cyprus

FCACySECFSCA
81/100
Excellent
Pepperstone logo - BrokerAudit
Pepperstone

Est. 2010 · Melbourne, Australia

FCAASICDFSA
88.6/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
ExnessPepperstone

Category-by-Category Winner

Category
Exness
Pepperstone
Regulation & Trust
72
90
Trading Costs
93
94
Platforms & Tools
78
95
Account Conditions
92
88
Deposit & Withdrawal
95
88
Customer Support
80
80
Education & Research
60
75
Overall Score
81
88.6

Detailed Comparison

Overview

Year Founded
2008
2010
Headquarters
Limassol, Cyprus
Melbourne, Australia
Publicly Listed
Top Regulators
FCA, CySEC, FSCA
FCA, ASIC, DFSA
Total Instruments
260
1,200

Trading Costs

EUR/USD Spread
0.10 pips
0.10 pips
GBP/USD Spread
0.30 pips
0.40 pips
USD/JPY Spread
0.30 pips
0.30 pips
Min. Deposit
$10
$0
Commission/Lot
$7.00
$7.00
Inactivity Fee
None
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
96
62
CFD Stocks
100
1,000
Indices
10
21
Commodities
12
34
Crypto CFDs
35
30

Exness vs Pepperstone: Our Analysis

Overall Verdict

With an overall score of 88.6/100 vs 81/100, Pepperstone edges out Exness by 7.6 points. This moderate gap suggests Pepperstone has an edge in several key areas.

Trading Costs

On the EUR/USD pair, Exness offers an average spread of 0.10 pips with a $7.00 round-turn commission, while Pepperstone comes in at 0.10 pips with a $7.00 commission. Both brokers offer identical EUR/USD spreads. Minimum deposit is $10 at Exness and $0 at Pepperstone.

Regulation & Safety

Exness holds 5 regulatory licenses with a highest tier of Tier 1 (FCA, CySEC, FSCA), while Pepperstone has 6 licenses at Tier 1 (FCA, ASIC, DFSA). Pepperstone has more regulatory licenses overall.

Platform Comparison

Exness offers MT4, MT5, Exness Terminal — uniquely offering Exness Terminal which Pepperstone does not have. Pepperstone supports MT4, MT5, cTrader, TradingView, with exclusive access to cTrader, TradingView. Pepperstone provides a wider platform selection.

Who Should Choose Which?

Exness suits a broad range of trading styles, while Pepperstone is better for cost-conscious traders, beginners seeking education, traders who want advanced tools, traders who prioritize safety, traders wanting a wide instrument range. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, Pepperstone scores higher overall at 88.6/100 compared to Exness's 81/100. However, "better" depends on your priorities — Exness may be superior in specific categories like certain niche features.

Both brokers offer identical EUR/USD average spreads of 0.10 pips. Compare their GBP/USD and USD/JPY spreads in the detailed table above to spot differences.

Pepperstone scores higher for regulation and trust at 90/100, holding licenses from FCA, ASIC, DFSA. Exness scores 72/100 with FCA, CySEC, FSCA.

For beginners, Pepperstone is the stronger choice with an education and research score of 75/100. It offers structured trading courses, webinars, and a free demo account. Exness scores 60/100 for education.

Yes, there is no restriction on having accounts with both Exness and Pepperstone simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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