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Pepperstone vs XTB: 2023 Comparison

Franklin Carneiro da Silva| Updated: September 15, 2023

Are you confused about whether to choose Pepperstone vs XTB as a broker for your investing needs?

In this side-by-side comparison, we analyse Pepperstone vs XTB to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Pepperstone vs XTB: 2023 Comparison 1
Visit PepperstoneAsset 3

74-89% of retail CFD accounts lose money.

Ideal for
CFDs trading for European Investors

Established in 2010, Pepperstone is known for its fast execution speeds and competitive pricing, making it a popular choice among active traders.

With a strong focus on technology and innovation, Pepperstone offers a range of trading platforms, including MetaTrader 4 and cTrader, providing traders with powerful tools to execute trades effectively.

The company also offers a wide range of trading instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies (CFDs).

Pepperstone vs XTB: 2023 Comparison 2
Visit XTBAsset 3

79% of retail CFD account lose money.

Ideal for
Commission-free ETFs and CFDs trading

XTB is a well-known online broker listed on the Warsaw Stock Exchange. It has two trading platforms (xStation 5 and xStation Mobile), a diverse range of tradeable instruments, and exceptional customer service.

xStation Mobile is a premier application for charts and technical analysis, with the ability to apply numerous indicators like moving averages and volume. Navigation is simple, with an intuitive order placing for any asset class.

On the negative side, XTB has a limited product portfolio and charges a €10 monthly inactivity fee (after 1+ year with no activity plus no deposit in the last 90 days).

Pros and Cons

Pros

  • Easy account opening
  • Low FX spreads
  • No withdrawal or inactivity fees
  • Good customer support
  • Under top-tier regulation

Cons

  • No offer of real stocks and ETFs, options and bonds
  • Does not accept US clients
  • Limited in educational content

Pros

  • Free stocks trading (only applicable to some EU countries)
  • Customizable trading platform (charts and workspace)
  • Low Forex Spreads
  • Demo account
  • No minimum account deposit
  • Valuable education materials
  • Top-tier Regulators

Cons

  • Complex trading platform for a beginner
  • High Stock CFD fees
  • Limited product portfolio
  • Withdrawal fees for transfers below $100
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
Pepperstone vs XTB: 2023 Comparison 3
Pepperstone vs XTB: 2023 Comparison 4
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • PepperstoneAsset 3

    74-89% of retail CFD accounts lose money.

  • General Information
  • Founded in2010
  • Demo Account
  • Account Minimum$0**$200 recommended
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Commodities, Indices, Currency Indices and Cryptocurrencies
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksNot Applicable
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • CryptocurrenciesNot Applicable
  • Custody Fee€/$/£0
  • Inactivity Fee€/$/£0
  • Withdrawal Fee€/$/£0**$20 for bank wire transfer
  • Connectivity Fee€/$/£0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsASIC, FCA, CySEC, DFSA, SCB, BaFin, CMA (Kenya)
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000 (UK), €20,000 (EU), No protection scheme for other clients

  • XTBAsset 3

    79% of retail CFD account lose money.

  • General Information
  • Founded in2002
  • Demo Account
  • Account Minimum€/$/£1
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*Only in some countries.
  • ETFs*Only in some countries.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Forex, Indices, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • EU stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • ETFs€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • CryptocurrenciesNot Applicable**Spreads from 0.22% on Crypto CFDs.
  • Custody Fee€0
  • Inactivity Fee€10/month**After 1 year login inactivity and if no deposit was made in the previous 90 days.
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0.50%
  • Security
  • RegulatorsFCA and CySEC.
  • Investor Compensation Scheme(per person, per institution)

    Up to €20,000 for clients under XTB SA; Up to £85,000 for clients under XTB Limited.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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