Pepperstone Razor vs IC Markets Raw Spread account

How do the raw-account commissions compare?

From each firm's own pricing page, read on 21 October. Raw spreads start at 0.0 at all three, so commission is the main difference; average spreads vary by session and are not the same as the minimums.

Are CFD trading fees cheaper with IC Markets or Pepperstone?

It depends on platform and account currency: Pepperstone is cheaper on AUD-denominated MetaTrader accounts (AUD 3.50 vs AUD 4.50 per side), IC Markets on TradingView ($3 vs $3.50), and they tie on USD MetaTrader and cTrader. Pepperstone also charges no inactivity fee.

Pepperstone vs IC Markets: which has tighter spreads in Australia?

Both quote raw FX spreads from 0.0 and an average EUR/USD raw spread around 0.1 pips on their own pages. In practice, spreads move with the market; compare both demo accounts on the same pair in the same minute.

Is Pepperstone or IC Markets better for scalping?

Both suit scalping with raw pricing and cTrader at $3 per side. Pepperstone is cheaper on AUD MetaTrader accounts; IC Markets on TradingView. Pepperstone publishes a fill rate above 99% with no dealing-desk intervention, which is its own figure.

Pepperstone vs CMC Markets on total trading costs

We did not verify CMC Markets' Australian price list for this page. Pepperstone's total on EUR/USD starts at $7 per round-turn lot on Razor (USD account) or AUD 7 on an AUD account, plus swaps for overnight holds; compare CMC's published spreads against that.

Is Pepperstone or CMC Markets better for index CFDs in Australia?

Pepperstone charges no commission on index CFDs and publishes its spreads (on its EU price list, AUS200 averaged 1.5 points and US500 0.4 in August 2026). CMC Markets is a long-established, London-listed provider with its own platform; compare index spreads at the ASX open.

Pepperstone vs IG for CFD trading in Australia

IG offers guaranteed stops and a very wide market range; Pepperstone offers raw pricing, cTrader and perpetual CFDs. If you need guaranteed stops, Pepperstone is not the choice, because it does not offer them.

Is Pepperstone cheaper than IG on forex?

On IG's UK price list, EUR/USD starts at 0.6 points, spread only; Pepperstone Razor starts at 0.0 plus $7 round turn, which equals 0.7 pips of cost on a lot. At the minimums they are close; Pepperstone Razor wins when raw spreads are near zero. We did not verify IG's Australian list separately.

Pepperstone vs Plus500 for Australian traders

Plus500 runs its own platform with spread-only pricing; Pepperstone offers MetaTrader, cTrader and TradingView with a raw-spread option. For automation or depth of market, Pepperstone; for a single simple app, either.

Pepperstone vs eToro for CFD trading in Australia

eToro is built around social and copy trading on its own platform; Pepperstone around self-directed CFD trading with raw pricing. Choose by whether you want to copy others or trade yourself.

Is Pepperstone better than eToro for active traders?

For active, self-directed trading, yes on the features we checked: raw spreads, cTrader, MetaTrader, TradingView, and an active-trader programme with rebates.

Pepperstone vs Vantage in Australia

We did not verify Vantage's Australian entity or price list for this page. Pepperstone's verified terms are Razor at $3.50 per side, AUD 3.50 on AUD accounts, and no inactivity fee; check Vantage's PDS for the same figures.

Vantage or Pepperstone for low spreads?

Both advertise raw spreads from 0.0; the deciding numbers are commission per lot and spreads at your trading hours. Pepperstone's are published above; compare them with Vantage's own pricing page.

Pepperstone vs FP Markets for Australian traders

We did not verify FP Markets' current pricing for this page. Both are Australian brokers offering raw-spread MetaTrader accounts; Pepperstone adds perpetual CFDs and 24-hour US share CFDs.

Pepperstone vs Fusion Markets on commission

Fusion Markets is cheaper on commission: its Zero account charges $2.25 per side ($4.50 round turn) against Pepperstone Razor's $3.50 ($7). On 100 lots a month that is $250 less. Pepperstone offers more platforms, perpetual CFDs and a larger product range.

Is Fusion Markets cheaper than Pepperstone in Australia?

On raw-account commission, yes: $4.50 against $7 per round-turn lot, both from 0.0 pips. Fusion Markets is licensed in Australia under AFSL 385620 through FMGP Trading Group Pty Ltd. Whether it is cheaper overall also depends on spreads at your trading hours and swaps.

Pepperstone vs Capital.com in Australia

Capital.com (ASIC AFSL 513393) charges no commission and prices in the spread, and offers a guaranteed stop-loss; Pepperstone offers raw pricing, cTrader and perpetual CFDs. Active FX traders lean Pepperstone; traders who want a fixed worst case lean Capital.com.

Pepperstone vs Saxo for multi-asset trading in Australia

Saxo is a multi-asset provider known for owning listed shares, bonds and ETFs as well as CFDs; we did not verify its Australian pricing here. For leveraged CFD trading across FX, indices, commodities, shares and perps in one account, Pepperstone is the more cost-focused fit.

Pepperstone vs XM for Australian traders

XM's global entity is licensed in Belize, and we did not verify an Australian licence for it. Pepperstone holds AFSL 414530 and is headquartered in Melbourne; for Australian residents an ASIC-licensed provider is the safer default.

Which ASIC regulated broker is best, Pepperstone, IC Markets or CMC?

All three are Australian providers. On what we verified, Pepperstone is cheaper than IC Markets on AUD MetaTrader commission and adds perpetual CFDs; IC Markets is cheaper on TradingView. We rank Pepperstone first for range and platforms, and say plainly that Fusion Markets has the lower commission.

Risk warning and disclosure

Commissions and spreads change; check each provider's PDS and pricing page, and remember that low costs do not reduce the risk of leverage.

This page is general information, not personal advice. CFDs are leveraged; losses can mount quickly and most retail clients lose money. Read each provider's Product Disclosure Statement (PDS) and Target Market Determination (TMD). Spread figures are minimums or averages the providers publish and widen in fast markets.

Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change our cost arithmetic, explained in our methodology.