IG Markets
69% of retail investor accounts lose money when trading CFDs with this provider.
Pepperstone
89% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders IG Markets and Pepperstone are best suited to, based on what each one actually offers in India.IG Markets is better than Pepperstone for options traders. Both are a good fit for professional traders, high-volume traders and scalpers.
| Overall score | IG Markets 87 | Pepperstone 84 -3 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise IG Markets and the ones that supervise Pepperstone.IG Markets and Pepperstone are both regulated by top-tier authorities, IG Markets by BaFin, the FCA (United Kingdom) and the JFSA (Japan) and Pepperstone by BaFin, CySEC and ASIC (Australia).
| Section score | IG Markets 100 | Pepperstone 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that IG Markets and Pepperstone have in place to protect your money in India.Both IG Markets and Pepperstone offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank.
| Section score | IG Markets 78 Best | Pepperstone 65 -13 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1974 | 2010 |
| Parent company i | IG Group Holdings plc | Pepperstone Group Limited |
| CEO i | Breon Corcoran | Tamas Szabo |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | Commonwealth Bank|Westpac|HSBC | N/A |
| Brand power | ||
| Number of customers worldwide i | 820,000 | 900,000 |
| Annual revenue i | USD 987,300,000 | USD 13,000,000 |
| Monthly website search traffic i | 97.1K monthly visits | 1.3M monthly visits |
Costs
What we compare A comparison of what it costs to trade with IG Markets and with Pepperstone in India, both on each trade and on holding the account.Pepperstone is better than IG Markets for costs, since Pepperstone has tighter gold CFD spreads, at 0.19 points (against IG Markets' 0.3 points), and does not charge inactivity fees, unlike IG Markets. Neither IG Markets nor Pepperstone charges account maintenance fees or deposit fees.
| Section score | IG Markets 67 -7 | Pepperstone 74 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | USD 6 |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 8.6 | USD 9 |
| S&P 500 fees (CFD) i | 0.4 points | 0.47 points |
| Gold fees (CFD) i | 0.3 points | 0.19 points |
| Bitcoin fees (CFD) i | USD 45 | |
| US stocks fees (CFD) i | USD 0.02 | USD 0.02 |
| Fees on stocks | ||
| Stock fee type i | Commission | Commission, Percentage |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 2 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 2 | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with IG Markets and with Pepperstone in India, and of how many instruments each one gives access to.IG Markets is better than Pepperstone for available markets, because IG Markets gives access to 17,000 tradable symbols (against Pepperstone's 1,444), and offers options on commodities, forex, indices and stocks, which Pepperstone does not. Both IG Markets and Pepperstone offer CFDs on commodities, crypto, forex, indices and stocks.
| Section score | IG Markets 100 Best | Pepperstone 75 -25 |
|---|---|---|
| Total tradable symbols i | 17,000 | 1,444 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | ||
| Options i | Commodities, Forex, Indices, Stocks | |
| Assets you can own i |
Platform
What we compare A comparison of the trading platforms that IG Markets and Pepperstone make available to their clients in India.IG Markets and Pepperstone are equally good for platforms, as IG Markets offers a proprietary platform while Pepperstone offers cTrader and social trading. IG Markets and Pepperstone both offer MetaTrader 5 and MetaTrader 4.
| Section score | IG Markets 91 -1 | Pepperstone 92 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of IG Markets and Pepperstone in India, and of what each one lets you do from your phone.Pepperstone is better than IG Markets for mobile trading, because Pepperstone offers the cTrader app, a social trading app and a copy trading app, which IG Markets does not. IG Markets and Pepperstone both offer a proprietary mobile app and the MetaTrader 5 app.
| Section score | IG Markets 93 -7 | Pepperstone 100 Best |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that IG Markets and Pepperstone allow on their platforms in India.Pepperstone is better than IG Markets for trading features, given that Pepperstone allows for high-frequency trading. Both IG Markets and Pepperstone offer negative balance protection and trailing stops.
| Section score | IG Markets 89 -4 | Pepperstone 93 Best |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | NDD |
| Average execution time i | 14 ms | 30 ms |
| Slippage occurrence i | 11% | |
| Requotes occurrence i | 0.08% | |
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 200:1 | 500:1 |
| Minor/Exotic FX pairs leverage i | 133:1 | 500:1 |
| Major indices leverage i | 200:1 | 400:1 |
| Minor indices leverage i | 200:1 | 100:1 |
| Gold leverage i | 200:1 | 500:1 |
| Commodities leverage i | 67:1 | 50:1 |
| Equities leverage i | 20:1 | 20:1 |
| Cryptocurrency leverage i | 10:1 | 20:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at IG Markets and at Pepperstone in India, and of who each one is meant for.Pepperstone is better than IG Markets for account types, because Pepperstone offers an ECN account, an Islamic account and a copy trading account, which IG Markets does not. Both IG Markets and Pepperstone offer a demo account and a professional traders account.
| Section score | IG Markets 48 -27 | Pepperstone 75 Best |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with IG Markets and with Pepperstone in India.Pepperstone is better than IG Markets for account opening, given that Pepperstone offers 10 account base currencies (against IG Markets' 6), supports e-wallets, which IG Markets does not, and has no minimum withdrawal (against IG Markets' 150 USD). Neither IG Markets nor Pepperstone requires a minimum deposit.
| Section score | IG Markets 70 -20 | Pepperstone 90 Best |
|---|---|---|
| Minimum deposit i | USD 0 | USD 0 |
| Minimum withdrawal i | USD 150 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, GBP, HKD, SGD, USD | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Deposit waiting time i | Instant | up to 1 business days |
| Withdrawal waiting time i | up to 1 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of IG Markets and Pepperstone in India, in how it can be reached and how fast it answers.IG Markets is better than Pepperstone for customer care, given that IG Markets offers customer support in 12 languages (against Pepperstone's 10), and has a website in 12 languages (against Pepperstone's 9). IG Markets and Pepperstone both offer a dedicated account manager and phone support.
| Section score | IG Markets 87 Best | Pepperstone 73 -14 |
|---|---|---|
| Number of languages supported i | 12 | 10 |
| Website languages i | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish | Arabic, English, Italian, Korean, Polish, Russian, Spanish, Vietnamese, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish | Arabic, English, Italian, Korean, Polish, Russian, Spanish, Thai, Vietnamese, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that IG Markets and Pepperstone provide to their clients in India.IG Markets is better than Pepperstone for learning, given that IG Markets offers professional reports, which Pepperstone does not. Both IG Markets and Pepperstone offer education for advanced traders and webinars.
| Section score | IG Markets 100 Best | Pepperstone 88 -12 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
IG Markets vs Pepperstone: which one should you choose?
CFD Choose IG Markets, regulated by the FCA and BaFin, if you want an online CFD broker with a wide choice of markets, fast execution and a guaranteed stop loss.
Open Account 69% of retail investor accounts lose money when trading CFDs with this provider.CFD Choose Pepperstone, regulated by ASIC and CySEC, if you want a forex brokerage service with high-frequency trading strategies, copy trading and cTrader.
Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include IG Markets or Pepperstone, each scored with the same data and method as this page.