IC Markets vs Pepperstone
Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.
Raw Spread accounts on MetaTrader, cTrader and TradingView, from the Seychelles-regulated Raw Trading Ltd.
Australian broker with strong platform choice and tight pricing.
| Detail | IC Markets | Pepperstone |
|---|---|---|
| Regulation | Raw Trading Ltd, FSA Seychelles Securities Dealer licence SD018 (reg. 8419879-1). Affiliated ICMP Ltd, Limassol, Cyprus. | FCA, ASIC, CySEC and others by entity — confirm which applies to you |
| Minimum Deposit | — | No fixed minimum |
| Max Leverage | — | Varies by entity |
| Spread From | — | From 0.0 pips on Razor |
| Commission | — | From $3.5 per lot per side |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Social, ZuluTrade | MT4, MT5, cTrader, TradingView |
| Account Types | Raw Spread, cTrader Raw Spread, Standard, Swap Free | Standard, Razor |
| Funding Methods | — | Card, Bank transfer, PayPal, Skrill, Neteller |
| Withdrawal Time | — | 1-3 business days |
| Founded | — | 2010 |
| Countries | — | 170+ |
What the figures say
- Pepperstone publishes its minimum deposit (No fixed minimum); IC Markets does not state one on the pages we read.
- Pepperstone publishes its max leverage (Varies by entity); IC Markets does not state one on the pages we read.
- Pepperstone publishes its spread from (From 0.0 pips on Razor); IC Markets does not state one on the pages we read.
- Pepperstone publishes its commission (From $3.5 per lot per side); IC Markets does not state one on the pages we read.
- Account Types: IC Markets lists Raw Spread, cTrader Raw Spread, Standard, Swap Free; Pepperstone lists Standard, Razor.
- Pepperstone publishes its funding methods (Card, Bank transfer, PayPal, Skrill, Neteller); IC Markets does not state one on the pages we read.
- Pepperstone publishes its withdrawal time (1-3 business days); IC Markets does not state one on the pages we read.
- IC Markets also lists Bonds, Stocks, Futures.
- Pepperstone also lists Shares.
A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.
IC Markets: why traders choose it
- Four account types: Raw Spread, cTrader Raw Spread, Standard and Swap Free
- Seven ways to trade, including cTrader, TradingView and the IC Social copy-trading app
- Product range covers forex, commodities, indices, bonds, crypto, stocks, 24-hour stock CFDs and futures CFDs
- Leverage is dynamic and can change at any time, which their own risk warning spells out
- 24/7 support
Pepperstone: why traders choose it
- TradingView integration for charting and execution in one place
- Razor account offers spreads from 0.0 pips
- No fixed minimum deposit
- Strong regulatory coverage across several regions
- Well regarded customer support
IC Markets pros
- One of the few brokers offering cTrader, TradingView and both MetaTrader versions side by side
- A dedicated swap-free account rather than a swap-free flag bolted onto another type
- The regulator and licence number are printed on every page
IC Markets cons
- The international site is the Seychelles entity; other IC Markets entities serve Australia and Europe with different terms
- Minimum deposit, spreads and commission were not on the pages we could reach; the account comparison sits behind the client area
- Not available to residents of the US, Canada, New Zealand, Iran or North Korea
Pepperstone pros
- TradingView trading built in
- Tight Razor spreads
- Broad regulatory footprint
- No minimum deposit requirement
Pepperstone cons
- Commission applies on the tightest account
- Standard account pricing is average
- Instrument list is smaller than some rivals
- Crypto availability depends on region
About IC Markets
IC Markets trades under Raw Trading Ltd, a Seychelles securities dealer, on the international site. It is known for raw-spread pricing and for supporting more platforms than most brokers: MetaTrader 4 and 5, cTrader, TradingView, a web terminal and its own IC Social copy-trading app.
About Pepperstone
Pepperstone pairs competitive ECN pricing with the widest platform choice of the major brokers, including TradingView.
More comparisons
How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.