Pepperstone vs Exness 2025
In this head to head comparison of Pepperstone vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Pepperstone vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pepperstone and Exness both offer online trading services, but there are some differences in their regulatory standings. Founded in 2010, Pepperstone holds three Tier-1 licenses, which are considered highly trusted, and has a Trust Score rating of 95 out of 99 according to ForexBrokers.com, indicating a high level of trust. In comparison, Exness, established in 2008, holds two Tier-1 licenses and has a Trust Score rating of 81, placing it in the trusted category. Neither company is publicly traded nor operates as a bank.
While both brokers are reputable, Pepperstone’s slightly higher number of Tier-1 licenses and trust score suggest a marginally higher level of regulatory assurance. However, Exness has more Tier-2 licenses, which are also regarded as trusted, showcasing its commitment to maintaining credibility and investor protection in various jurisdictions. Users may prefer Pepperstone for its high trust score, while others might consider Exness owing to its broader set of Tier-2 licenses.
Feature |
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Year Founded | 2010 | 2008 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 3 | 2 |
Tier-2 Licenses | 2 | 3 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 2 | 3 |
Pepperstone and Exness are both respected online brokers, each offering distinct structures for commissions and fees tailored to a variety of trading needs. Pepperstone stands out for its Razor account, which operates on a commission-based pricing model alongside favorable spreads, showing an average spread of 0.10 pips plus commission, leading to an all-inclusive cost of 0.80 pips. Its Standard account, however, carries higher spreads averaging 1.1 pips on the EUR/USD, which may not appeal to those seeking cost efficiency. Pepperstone’s Active Trader program adds value for high-volume traders, offering tiered rebates on spreads based on volume traded each month. For commissions and fees, Pepperstone scores a commendable 4.5 out of 5 stars and is ranked #10 out of 62 brokers by ForexBrokers.com.
Exness offers a wide range of account types catering to both standard and professional traders, with varying cost structures. Commission-based accounts such as the Zero Spread and Raw accounts feature notably lower spreads, with trading costs like a $0.05 per-trade commission for the Zero Spread account and up to $7 per round turn lot for the Raw account. On the other hand, commission-free accounts like Standard and Standard Cent have higher spreads, which could offset the absence of commission charges. The Pro account offers a versatile execution method, allowing both instant and market execution with comparatively lower spreads. Exness earns a solid 4 out of 5 stars for its commission and fee structure but ranks lower at #38 among the brokers evaluated by ForexBrokers.com.
In conclusion, traders prioritizing lower costs with higher trading volumes may find Pepperstone’s Razor account and Active Trader program attractive, while Exness offers flexibility with its range of account types to cater different trading approaches. Both brokers provide competitive features, although Pepperstone's stronger focus on rebates and pricing structures for active traders gives it an edge in the commissions and fees category.
Feature |
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Minimum Deposit | $0 | $10 |
Average Spread EUR/USD - Standard | 1.00 | N/A |
All-in Cost EUR/USD - Active | 0.70 | N/A |
Active Trader or VIP Discounts | Yes | No |
ACH or SEPA Transfers | Yes | No |
PayPal (Deposit/Withdraw) | Yes | No |
Skrill (Deposit/Withdraw) | Yes | Yes |
Visa/Mastercard (Credit/Debit) | Yes | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Pepperstone and Exness are both known for their extensive forex trading options, offering forex as CFDs or spot contracts. Pepperstone provides an impressive array of 1,726 tradeable symbols, including 65 forex pairs, while Exness offers 227 tradeable symbols with a wider selection of 96 forex pairs. Neither broker offers exchange-traded securities on U.S. or international exchanges, meaning you cannot buy shares like Apple or Vodafone through them. Both platforms, however, do support copy trading, giving traders the option to follow and replicate the investment strategies of successful investors.
For cryptocurrency enthusiasts, both Pepperstone and Exness allow trading of cryptocurrency derivatives rather than actual cryptocurrencies. In terms of ratings, Pepperstone scores 4 out of 5 stars for its range of investments and is ranked #26 among 62 brokers by ForexBrokers.com in this category. Exness, while slightly behind, still earns a respectable 3.5 stars and ranks #56. This indicates that while both brokers offer solid investment options, Pepperstone edges out with a broader selection overall.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 1726 | 227 |
Forex Pairs (Total) | 65 | 96 |
U.S. Stock Trading (Non CFD) | No | No |
Int'l Stock Trading (Non CFD) | No | No |
Social Trading / Copy Trading | Yes | Yes |
Cryptocurrency (Physical) | No | No |
Cryptocurrency (Derivative) | Yes | Yes |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Pepperstone and Exness both provide traders with valuable tools and platform options, ensuring that users have ample choices for executing trades efficiently. Each broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), popular platforms favored by many traders for their advanced features. Additionally, both brokers cater to varied preferences by offering proprietary trading platforms, available as Windows-based downloads as well as accessible web versions. This flexibility allows traders to engage with the markets via their preferred setup. To assist newcomers, Pepperstone and Exness both offer free virtual demo accounts to practice trading in a risk-free environment.
When it comes to additional features, Pepperstone supports DupliTrade for automated trading strategies, while Exness does not. However, neither broker currently supports ZuluTrade. In terms of chart enhancements, Exness provides an extensive array of 87 drawing tools, compared to Pepperstone's 30, although both enable trading directly from a stock chart. Users organizing their trading information will find that both brokers offer the same number of columns for watch lists, facilitating easy tracking. In rating their platforms and tools, both have received 4 stars, though ForexBrokers.com places Pepperstone at a higher rank, #22 out of 62 brokers, compared to Exness’s rank of #31.
Feature |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | Yes | Yes |
Desktop Platform (Windows) | Yes | Yes |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | Yes | Yes |
MetaTrader 4 (MT4) | Yes | Yes |
MetaTrader 5 (MT5) | Yes | Yes |
DupliTrade | Yes | No |
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 15 | 107 |
Charting - Drawing Tools (Total) | 30 | 87 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing Pepperstone and Exness for their mobile trading apps, both brokers offer iPhone and Android support, allowing seamless trading on the go. Both provide price alerts, ensuring you never miss an important market movement. A key difference in their mobile apps is watchlist syncing. Pepperstone enables sync between mobile devices and online accounts, which means your updates are always current regardless of where they're made. This feature is missing in Exness, which may be a consideration for traders who frequently switch between devices.
In terms of charting tools, Exness edges out slightly with 35 technical studies compared to Pepperstone's 30. Both allow drawing trendlines and viewing multiple time frames. However, only Pepperstone's app automatically saves these drawings, a handy feature for detailed technical analysis. Both apps allow building a watchlist with real-time quotes, making it easy to track favorite assets. While both received a four-star rating for their mobile apps, ForexBrokers.com ranked Pepperstone higher at 21st place out of 62 brokers, compared to Exness's 32nd place. This indicates a slightly better user experience and more comprehensive features overall with Pepperstone.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | No |
Mobile Charting - Indicators / Studies | 30 | 35 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | Yes | No |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Pepperstone and Exness are both online brokers that offer a variety of market research tools and resources to their users. Both platforms provide daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. However, when it comes to research tools, Pepperstone features Autochartist for technical analysis, while Exness offers resources from Trading Central. Both brokers provide sentiment-based trading tools and maintain an economic calendar to track international economic events. Neither Pepperstone nor Exness offers market research from TipRanks or Acuity Trading.
In terms of overall research quality, Pepperstone is more highly regarded, receiving a rating of 4.5 stars and ranking #12 out of 62 brokers on ForexBrokers.com. Exness, on the other hand, receives a rating of 3.5 stars and is ranked #41 in the same category. This suggests that while both brokers provide valuable resources, Pepperstone stands out for its comprehensive offerings and user satisfaction in market research.
Feature |
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Daily Market Commentary | Yes | Yes |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | Yes | No |
Trading Central (Recognia) | No | Yes |
Social Sentiment - Currency Pairs | Yes | Yes |
TipRanks | No | No |
Signal Centre (Acuity Trading) | No | No |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners eager to delve into forex and CFDs, both Pepperstone and Exness offer comprehensive educational resources, though they differ in several aspects. Pepperstone provides a wealth of educational materials, including more than 10 articles and videos focused solely on forex and CFDs, and also hosts monthly online webinars that can be highly beneficial for learners. Moreover, Pepperstone maintains an accessible archive of past webinars and delivers over 10 beginner-friendly videos, alongside advanced content aimed at seasoned traders. Their educational suite is further enhanced with an investor dictionary containing over 50 investing terms, helping to build foundational knowledge for new traders. With a commendable education rating of 4.5 out of 5 stars, Pepperstone stands at the 18th spot in education rankings among 62 brokers reviewed by ForexBrokers.com.
Exness, on the other hand, also commits to educating its clients by offering more than 10 pieces of educational content on forex and CFDs. However, the absence of monthly client webinars may impede continuous learning opportunities compared to Pepperstone. Exness does provide access to a searchable archive of past educational webinars and more than 10 beginner-targeted videos, although it falls short with its advanced trading content. Like Pepperstone, Exness offers an investor dictionary with definitions for over 50 terms, aiding beginners in understanding the trading landscape better. Despite these offerings, Exness holds an education rating of 3.5 stars, ranking 47th among 62 brokers in the ForexBrokers.com review, reflecting the gap in opportunities for advanced learning and ongoing interactive educational webinars.
Feature |
|
|
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Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | No |
Client Webinars (Archived) | Yes | Yes |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | No |
Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Pepperstone is better than Exness. Pepperstone finished with an overall rank of #16, while Exness finished with an overall rank of #41.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
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Overall Rating |
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Trust Score | 95 | 81 |
Range of Investments |
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Research |
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Mobile Trading |
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Both Pepperstone and Exness do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
Pepperstone offers a broader range of funding options including ACH, SEPA transfers, and PayPal, compared to Exness which does not provide these options, while both platforms support Skrill, Visa, Mastercard, and bank wire transfers for depositing or withdrawing account funds.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5Overall Rating | Pepperstone | Exness | |
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Trust Score | 95 | 81 | |
Winner | check_circle | ||
Review | Pepperstone Review | Exness Review |
Broker Screenshots | Pepperstone | Exness | |
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Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | Pepperstone | Exness | |
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Trust Score | 95 | 81 | |
Year Founded | 2010 | 2008 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
Tier-1 Licenses | 3 | 2 | |
Tier-2 Licenses | 2 | 3 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 2 | 3 |
Tier-1 Licenses (Highly Trusted) | Pepperstone | Exness | |
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Australia (ASIC Authorised) | Yes | No | |
Canada (CIRO Authorised) | No | No | |
Hong Kong (SFC Authorised) | No | No | |
Japan (SFC Authorised) | No | No | |
Singapore (MAS Authorised) | No | No | |
Switzerland (FINMA Authorised) | No | No | |
United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
USA (CFTC Authorized) | No | No | |
New Zealand (FMA Authorised) | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
Tier-2 Licenses (Trusted) | Pepperstone | Exness | |
---|---|---|---|
Kenya (CMA Authorised) | Yes | Yes | |
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | Yes | |
UAE (DFSA/Central Bank Authorised) | Yes | No | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No | Yes |
Investments | Pepperstone | Exness | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 1726 | 227 | |
Forex Pairs (Total) | 65 | 96 | |
U.S. Stock Trading (Non CFD) | No | No | |
Int'l Stock Trading (Non CFD) | No | No | |
Social Trading / Copy Trading | Yes | Yes | |
Cryptocurrency (Physical) | No | No | |
Cryptocurrency (Derivative) | Yes | Yes | |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Cost | Pepperstone | Exness | |
---|---|---|---|
Average Spread EUR/USD - Standard | 1.00 | N/A | |
All-in Cost EUR/USD - Active | 0.70 | N/A | |
Active Trader or VIP Discounts | Yes | No | |
Inactivity Fee | No | No | |
Execution: Agency Broker | Yes | Yes | |
Execution: Market Maker | Yes | Yes |
Funding | Pepperstone | Exness | |
---|---|---|---|
Minimum Deposit | $0 | $10 | |
PayPal (Deposit/Withdraw) | Yes | No | |
Skrill (Deposit/Withdraw) | Yes | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | No |
Trading Platforms | Pepperstone | Exness | |
---|---|---|---|
Proprietary Platform | Yes | Yes | |
Desktop Platform (Windows) | Yes | Yes | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
MetaTrader 4 (MT4) | Yes | Yes | |
MetaTrader 5 (MT5) | Yes | Yes | |
cTrader | Yes | No | |
DupliTrade | Yes | No | |
ZuluTrade | No | No |
Trading Tools | Pepperstone | Exness | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 7 | 7 | |
Charting - Indicators / Studies (Total) | 15 | 107 | |
Charting - Drawing Tools (Total) | 30 | 87 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | Pepperstone | Exness | |
---|---|---|---|
Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | Yes | No | |
Mobile Charting - Indicators / Studies | 30 | 35 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | Yes | No | |
Mobile Economic Calendar | Yes | Yes |
Research | Pepperstone | Exness | |
---|---|---|---|
Daily Market Commentary | Yes | Yes | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | Yes | No | |
Trading Central (Recognia) | No | Yes | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | Yes | Yes | |
Economic Calendar | Yes | Yes |
Education | Pepperstone | Exness | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | No | |
Client Webinars (Archived) | Yes | Yes | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | No | |
Investor Dictionary (Glossary) | Yes | Yes |
Major Forex Pairs | Pepperstone | Exness | |
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GBP/USD | Yes | Yes | |
USD/JPY | Yes | Yes | |
EUR/USD | Yes | Yes | |
USD/CHF | Yes | Yes | |
USD/CAD | Yes | Yes | |
NZD/USD | Yes | Yes | |
AUD/USD | Yes | Yes | |
Review | Pepperstone Review | Exness Review |
Overall | Pepperstone | Exness | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platform & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 95 | 81 | |
Winner | check_circle | ||
Review | Pepperstone Review | Exness Review |