Side-by-Side Comparison · 2026
Pepperstone vs XM
An in-depth 2026 comparison of Pepperstone and XM — regulation, fees, platforms, and who each broker is best for.
Pepperstone
4.6
ASICFCACySEC+1
XM
4.7
CySECFSC
Feature Comparison
| Feature |  |  |
|---|---|---|
| Regulation | ASICFCACySECFSCA | CySECFSC |
| Min Deposit | $200 | $5 Winner |
| Max Leverage | Up to 1:500 | Up to 1:1000 |
| Trading Platforms | MetaTrader 4MetaTrader 5cTraderTradingView | MetaTrader 4MetaTrader 5XM WebTrader |
| EUR/USD Spread | 0 pips Winner | 1 pips |
| Account Types | 2 | 2 |
| Founded | 2010 | 2009 Winner |
| Our Rating | 4.6 | 4.7 Winner |
Our Verdict
Who should choose Pepperstone?
Pepperstone is best suited for traders who value excellent execution speeds and very tight spreads.
With a minimum deposit of $200 and leverage Up to 1:500, it appeals to intermediate to advanced traders. Key advantages include ultra-fast execution.
- Excellent execution speeds
- Very tight spreads
- Strong global regulation
- Higher minimum deposit
- Limited educational resources
Who should choose XM?
XM suits traders looking for excellent education program and strong regulation.
Its minimum deposit of $5 with leverage Up to 1:1000 targets budget-conscious traders. Standout features include over 1000 instruments.
- Excellent education program
- Strong regulation
- Good customer support
- Higher spreads on some pairs
- Limited advanced tools