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Exness
VS
Pepperstone

Exness vs Pepperstone: which broker is better in 2026?

We compare Exness and Pepperstone — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Pepperstone edges ahead (4.3/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaExnessPepperstone
Overall score 3.8 4.3
Regulation & safety 3.0 4.5
Fees & deposit 4.0 4.0
Platform & assets 4.0 4.5
User support 4.0 4.0
Trust score71/10087/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, Exness Terminal / appMetaTrader 4, cTrader, TradingView (integrated)
Fee modelLow spread / raw + commission (Zero/Raw account); figures varySpread & commission model varies per account type — details not yet verified

Pros & cons

Exness
  • Fast execution, low spreads, fast withdrawals — popular in Asia/Africa/Middle East
  • Very large volume & liquidity
  • Holds CySEC & FCA licenses for certain entities
  • Most retail clients via offshore entities (Seychelles/Curaçao) — weaker protection
  • Very high leverage (up to unlimited at offshore entities) amplifies risk
  • Leveraged products are high-risk
Pepperstone
  • Well-documented multi-jurisdiction regulation (ASIC, FCA, BaFin, CySEC, DFSA, SCB) with no negative regulator action found
  • Full platform selection: MT4, MT5, cTrader, and integrated TradingView
  • Known for a low-cost focus & fast execution — popular for scalping/algo trading
  • Forex/CFD focus — not for those seeking real stocks or long-term investing
  • Private company (not public), financial transparency more limited than listed brokers
  • Leveraged trading remains high-risk even with a solid broker

Regulation at a glance

Exness

Regulated by CySEC (Cyprus), FCA (UK — limited entity), FSCA (South Africa), FSA (Seychelles), CBCS (Curaçao). Most retail volume is served by offshore entities (Seychelles/Curaçao).

Pepperstone

Well-documented, layered regulation: ASIC (Australia) license since February 2013, FCA (UK) since 2015, BaFin (Germany) and CySEC (Cyprus) since around 2020, DFSA (UAE), and SCB (Bahamas). One of the brokers with the most documented regulatory footprint in this directory.