BROKER COMPARISON TOOL

XS Markets vs Pepperstone

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

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	XS Markets	Pepperstone
Overall score	3.35 / 5	3.75 / 5
Regulation	CySEC No. 412/22 + FSA Seychelles No. SD089	CySEC No. 388/20 + FCA No. 684312 + FSA Seychelles-licensed (licence number unconfirmed) FSA Seychelles-licensed via Pepperstone International Markets Limited; exact SD number not independently confirmed
Entity	XS Markets Ltd	Pepperstone EU Limited
Founded	2010	2010
Headquarters	Not independently confirmed	Melbourne, Australia
Minimum deposit	No minimum	$10
Avg. spread (EUR/USD)	Not independently confirmed	1.1 pips
Platforms	MT4, MT5	MT4, MT5, cTrader, TradingView
Other Tier-1 regulators	ASIC, FSCA	ASIC, DFSA
Instruments	700-1,100+ instruments (sources disagree) across forex, metals, energy/commodities, indices, shares, crypto CFDs, and futures. No official total instrument count was found.	1,300+ instruments across forex, indices, commodities, shares
Visit	Visit XS Markets	Visit Pepperstone

Full XS Markets review → · Full Pepperstone review → · Compare different brokers →

How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.