Pepperstone vs IG Group 2026
Both are regulated. The right choice depends on your trading style.
Pepperstone suits traders who value tighter spreads, copy trading, no inactivity fee. IG Group suits traders who prioritise real stock ownership, more instruments (17,000 vs 1,200).
Head to head
| Pepperstone | IG Group | |
|---|---|---|
| Primary regulator | FCA 684312 | FCA 195355 |
| Regulation tier | tier-1 | tier-1 |
| Min deposit | None | None |
| EUR/USD spread | From 0.0 pips (ECN) | 0.6 pips |
| Instruments | 1,200+ | 17,000+ |
| MetaTrader | Yes (MT4+MT5) | Yes (MT4+MT5) |
| Copy trading | Yes | No |
| Real stocks | No — CFDs only | Yes |
| Inactivity fee | None | $12/mo after 2mo |
| Founded | 2010 | 1974 |
| Headquarters | Melbourne, Australia | London, UK |
Regulation: Pepperstone vs IG Group
Pepperstone is regulated by FCA under licence 684312 (Pepperstone Ltd). The FCA is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
IG Group is regulated by FCA under licence 195355 (IG Markets Ltd). The FCA is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
Both brokers are regulated by tier-1 authorities. Neither has a significant regulatory advantage over the other.
Spreads and fees
Pepperstone's EUR/USD spread is From 0.0 pips (ECN). IG Group's EUR/USD spread is 0.6 pips. Pepperstone offers tighter spreads on this pair.
Pepperstone does not charge an inactivity fee. IG Group charges an inactivity fee of $12/month after 2 months.
Platforms and tools
Both Pepperstone and IG Group support MetaTrader 4 and 5, so algorithmic traders and EA users can use either.
Pepperstone offers copy trading, IG Group does not.
Minimum deposit
Pepperstone requires a minimum deposit of None. IG Group requires None. Both require the same initial deposit.
Note that minimum deposits can vary by account type and by which regulatory entity serves your country. Some offshore entities allow lower deposits than the tier-1 entity.
Which is better for beginners?
Pepperstone is generally better for beginners because it offers copy trading, allowing new traders to replicate experienced traders automatically while learning. Both platforms are accessible to new traders, though neither is specifically designed as a beginner-only broker.
Which is better for experienced traders?
Both Pepperstone and IG Group support MetaTrader, so experienced traders can use either without restriction. Pepperstone's tighter spreads (From 0.0 pips (ECN)) make it better for high-frequency and scalping strategies. IG Group offers more instruments (17,000) for portfolio diversification.
Verdict: Pepperstone vs IG Group
Choose Pepperstone if you want tighter spreads, copy trading, no inactivity fee. The FCA licence (684312) gives it strong tier-1 regulatory backing.
Choose IG Group if you want real stock ownership, more instruments (17,000 vs 1,200). The FCA licence (195355) means strong tier-1 regulatory protection.
Both brokers are legitimate and regulated. The choice comes down to your specific trading requirements.
Frequently asked questions
Pepperstone vs IG Group: which is better?
Pepperstone is better for tighter spreads, copy trading, no inactivity fee. IG Group is better for real stock ownership, more instruments (17,000 vs 1,200). If regulation quality is your priority, both have comparable regulation.
Is Pepperstone or IG Group safer?
Both Pepperstone (FCA 684312) and IG Group (FCA 195355) are regulated by tier-1 authorities. Both segregate client funds.
What is the minimum deposit for Pepperstone and IG Group?
Pepperstone minimum deposit: None. IG Group minimum deposit: None. Minimums vary by entity and account type.
Do Pepperstone and IG Group have MetaTrader?
Yes, both support MetaTrader 4 and MT5.