Compare

CMC Markets vs Pepperstone

Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.

CMC Markets rating

4.7

Pepperstone rating

4.8

Score gap

4 pts

Matchup

Head to head

Winners by category

Pricing & spreads

Pepperstone leads— Edge for Pepperstone (103.8 vs 97.6).

Regulation breadth

Pepperstone leads— Edge for Pepperstone (97.0 vs 85.0).

User experience

Pepperstone leads— Edge for Pepperstone (74.5 vs 73.5).

Editorial composite

Pepperstone leads— Edge for Pepperstone (108.4 vs 104.1).

Full comparison table

Rating

CMC Markets

4.7

Pepperstone

4.8

Model score

CMC Markets

Pepperstone

Regulation

CMC Markets

FCA (UK), ASIC (Australia), BaFin (Germany), MAS (Singapore), IIROC (Canada), FMA (New Zealand), DFSA (Dubai)

Pepperstone

Regulators: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), CMA (Kenya), SCB (Bahamas)

Spreads

CMC Markets

Spreads start from 0.0 pips on major pairs via FX Active, and from 0.7 pips on Standard accounts. Automated 100% electronic execution hosted on London servers.

Pepperstone

Razor spreads start from 0.0 pips. Average EUR/USD spread ~0.1 pips (+ commission). High-speed execution via ECN/STP routing.

Fees

CMC Markets

Standard CFD Account: Spread-only pricing (average EUR/USD ~0.65 pips). FX Active Account: Raw spreads from 0.0 pips + 0.0025% commission per side ($2.50 per $100k). No minimum deposit required.

Pepperstone

Razor Account: Raw spreads from 0.0 pips + competitive commission per side. Standard Account: Spread-only with no commission.

Platforms

CMC Markets

Next Generation Platform, CMC Mobile App, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView

Pepperstone

MT4, MT5, cTrader, TradingView.

Account types

CMC Markets

Individual CFD Account, FX Active Account, Spread Betting (UK), Professional Account, Demo Account

Pepperstone

Standard, Razor, Islamic.

Min deposit

CMC Markets

$0 (Varies)

Pepperstone

Minimum Deposit: $0 – $10 (varies by region, typically no minimum or $10 nominal)

Topic	CMC Markets	Pepperstone
Rating	4.7	4.8
Model score	90	94
Regulation	FCA (UK), ASIC (Australia), BaFin (Germany), MAS (Singapore), IIROC (Canada), FMA (New Zealand), DFSA (Dubai)	Regulators: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), CMA (Kenya), SCB (Bahamas)
Spreads	Spreads start from 0.0 pips on major pairs via FX Active, and from 0.7 pips on Standard accounts. Automated 100% electronic execution hosted on London servers.	Razor spreads start from 0.0 pips. Average EUR/USD spread ~0.1 pips (+ commission). High-speed execution via ECN/STP routing.
Fees	Standard CFD Account: Spread-only pricing (average EUR/USD ~0.65 pips). FX Active Account: Raw spreads from 0.0 pips + 0.0025% commission per side ($2.50 per $100k). No minimum deposit required.	Razor Account: Raw spreads from 0.0 pips + competitive commission per side. Standard Account: Spread-only with no commission.
Platforms	Next Generation Platform, CMC Mobile App, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView	MT4, MT5, cTrader, TradingView.
Account types	Individual CFD Account, FX Active Account, Spread Betting (UK), Professional Account, Demo Account	Standard, Razor, Islamic.
Min deposit	$0 (Varies)	Minimum Deposit: $0 – $10 (varies by region, typically no minimum or $10 nominal)