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Alternatives
Pepperstone alternatives: 4 brokers to consider in 2026
Brokers worth comparing if Pepperstone is not the right fit, chosen for a specific reason each, using the same checked figures as our reviews.
Quick pick: IC Markets: similar raw pricing, cTrader and no minimum on global accounts; Eightcap: raw pricing plus TradeLocker.
Pepperstone alternatives compared
| Broker | Why consider it | Min deposit | Platforms |
|---|---|---|---|
| IC Markets | Similar raw pricing, cTrader and no minimum on global accounts | $0 (global accounts) | MT4, MT5, cTrader, TradingView |
| Eightcap | Raw pricing plus TradeLocker | $100 | MT4, MT5, TradingView, TradeLocker |
| IG | Spread-only pricing and a track record since 1974 | $0 by bank transfer (IG International); cards from $50 | IG platform, MT4, ProRealTime |
| OANDA | For US traders: CFTC-registered, NFA member | None in the US, UK and Australia | OANDA platform, TradingView, MT4, MT5 |
Why people look for Pepperstone alternatives
TradingView is offered on the Razor account only, and Pepperstone does not accept US clients. If either matters to you, one of the brokers below may suit you better. If not, see our full Pepperstone review.
The alternatives in detail
IC Markets
Why consider it: Similar raw pricing, cTrader and no minimum on global accounts.
Regulation: ASIC, CySEC, FSA Seychelles, SCB; CMA (Kenya). EUR/USD: Raw from 0.0 pips + $3.50 per lot per side (MetaTrader).
Watch out: Its global accounts are held by an offshore company licensed in Seychelles, so check which company you would join.
IC Markets review · Pepperstone vs IC Markets
Eightcap
Why consider it: Raw pricing plus TradeLocker.
Regulation: ASIC, FCA, CySEC (plus SCB and FSA offshore companies). EUR/USD: Raw from 0.0 pips + $3.50 per lot per side.
Watch out: The $100 minimum is higher than at brokers with no minimum, and it has a shorter history than most brokers we review.
Eightcap review · Pepperstone vs Eightcap
IG
Why consider it: Spread-only pricing and a track record since 1974.
Regulation: FCA, ASIC, DFSA. EUR/USD: From 0.6 pips, spread-only.
Watch out: MT5 and cTrader are not on its platform list, so EA traders who need MT5 should look elsewhere.
OANDA
Why consider it: For US traders: CFTC-registered, NFA member.
Regulation: CFTC/NFA (US), FCA, ASIC, CIRO. EUR/USD: From 0.6 pips, spread-only (UK).
Watch out: Pricing is spread-only on standard accounts, so very active traders may find raw-plus-commission accounts elsewhere cheaper.
OANDA review · OANDA vs Pepperstone
FAQ
What is the best alternative to Pepperstone?
It depends on why you are leaving. For lower costs on frequent trading, look at raw-pricing brokers; for stronger protection, choose a company licensed by the FCA, ASIC or an EU regulator; in the US, OANDA and FOREX.com are the CFTC/NFA options we review. Our shortlist: IC Markets, Eightcap, IG, OANDA.
Is there a broker like Pepperstone for US traders?
Among the brokers we review, OANDA and FOREX.com accept US retail forex clients.
How do I switch brokers?
Open and verify the new account first, close positions or let them expire at the old broker, withdraw your balance to the same method you deposited with, and keep statements for tax records.
Related
Pepperstone review · Is Pepperstone regulated? · Compare all 11 brokers · Broker finder
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