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Pepperstone vs Exness 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

Pepperstone
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 95
  • Tradeable Symbols (Total): 1726
Exness
4/5 Stars Overall
  • Minimum Deposit: $10 info
  • Trust Score: 81
  • Tradeable Symbols (Total): 227

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.

Regulation

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 Pepperstone logoPepperstone
Exness logoExness
Year Founded info 2010 2008
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 3 2
Tier-2 Licenses info 2 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 3

Fees

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 Pepperstone logoPepperstone
Exness logoExness
Minimum Deposit info $0 $10 info
Average Spread EUR/USD - Standard info 1.00 info N/A
All-in Cost EUR/USD - Active info 0.70 info N/A
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 Pepperstone logoPepperstone
Exness logoExness
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1726 227
Forex Pairs (Total) info 65 96
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

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 Pepperstone logoPepperstone
Exness logoExness
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info Yes No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 15 107
Charting - Drawing Tools (Total) info 30 87
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 Pepperstone logoPepperstone
Exness logoExness
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 35
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 Pepperstone logoPepperstone
Exness logoExness
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 Pepperstone logoPepperstone
Exness logoExness
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature Pepperstone logoPepperstone
Exness logoExness
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 95 81
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Pepperstone or Exness?

Both Pepperstone and Exness do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

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.




announcementPlease 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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Compare

0 of 5
Overall Rating Pepperstone Exness
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 81
Winner check_circle
Review Pepperstone Review Exness Review
Broker Screenshots Pepperstone Exness
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Pepperstone Exness
Trust Score info 95 81
Year Founded info 2010 2008
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 3 2
Tier-2 Licenses info 2 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 3
Tier-1 Licenses (Highly Trusted) Pepperstone Exness
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Pepperstone Exness
Kenya (CMA Authorised) info Yes Yes
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No Yes
Investments Pepperstone Exness
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1726 227
Forex Pairs (Total) info 65 96
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 info 1.00 info N/A
All-in Cost EUR/USD - Active info 0.70 info N/A
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Pepperstone Exness
Minimum Deposit info $0 $10 info
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms Pepperstone Exness
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
DupliTrade info Yes No
ZuluTrade info No No
Trading Tools Pepperstone Exness
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 15 107
Charting - Drawing Tools (Total) info 30 87
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Pepperstone Exness
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 35
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research Pepperstone Exness
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Pepperstone Exness
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Pepperstone Exness
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Pepperstone Review Exness Review
Overall Pepperstone Exness
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 81
Winner check_circle
Review Pepperstone Review Exness Review
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