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Pepperstone or IC Markets, which has lower spreads?

Key takeaways

  • TradingView: IC Markets $3 per side vs Pepperstone $3.50, so IC Markets is $1 cheaper per round-turn lot.
  • cTrader: both $3 per side. MT4 USD: both $3.50. MT4/MT5 EUR: Pepperstone €2.60 vs IC Markets €3.25.
  • Licences stated on UAE or global sites: XTB DFSA; AvaTrade ADGM; eToro ADGM FSRA 220073; Equiti UAE CMA 20200000026; ADSS UAE CMA 305027.
  • Exness's global site lists offshore licences including FSA Seychelles SD025; XM Global is licensed by the FSC Belize.
  • Capital.com is the alternative with a UAE CMA retail dealing licence and swap-free accounts for UAE residents.

How do Pepperstone and IC Markets compare line by line?

Both from the firms' own pricing pages. Commission figures are per side on raw-spread accounts; spreads are variable and the averages are the firms' own claims.

Pepperstone vs IC Markets on raw-spread pricing
ItemPepperstoneIC Markets
FX spread from0.00.0
MT4/MT5, USD account$3.50 per side$3.50 per side (MT4)
MT4/MT5, EUR account€2.60 per side€3.25 per side
cTrader$3.00 per side$3.00 per side
TradingView$3.50 per side$3.00 per side
UAE presenceDubai office, CMA introducer, AED fundingglobal site run from Seychelles (SD018)

Pepperstone or Exness, which is better in the UAE?

Pepperstone has a CMA-licensed introducer and an office in Dubai, Arabic support and AED funding; Exness's global site lists offshore licences in Seychelles, South Africa, Curaçao, the British Virgin Islands, Belize and Mauritius. If local presence and platform choice matter to you, Pepperstone.

Pepperstone or XM, which is better?

Pepperstone publishes a clear two-account model and adds cTrader and TradingView to MetaTrader. XM's global entity, XM Global Limited, is licensed by the FSC in Belize. Compare the all-in cost per lot on two demo accounts before deciding.

Pepperstone or AvaTrade, which is better for forex?

AvaTrade's UAE site states an ADGM licence. Pepperstone offers raw FX pricing with a fixed commission and four third-party platforms. For forex specifically, compare spread plus commission per lot on the pairs you trade.

Pepperstone or eToro, which is better for CFD trading?

They serve different traders. eToro (ME) Limited is licensed by the ADGM FSRA (220073) and is known for social and copy trading on its own platform. Pepperstone is built for self-directed CFD trading with raw pricing and MetaTrader, cTrader and TradingView.

Is Pepperstone or Capital.com better for CFD trading in the UAE?

Pepperstone for lowest published cost and cTrader; Capital.com for a UAE CMA retail dealing licence, no commission and swap-free accounts for UAE residents. Day traders lean Pepperstone; traders who hold for days and need swap-free lean Capital.com.

How do Pepperstone and XTB compare on fees?

Pepperstone publishes per-lot commissions and swap formulas; we did not collect XTB's UAE fee schedule for this comparison, so compare it line by line from XTB's site. XTB's UAE site states DFSA regulation and more than 4,400 instruments on its own platform.

Is Pepperstone or Equiti better for trading in Dubai?

Equiti announces a UAE CMA Category One licence for OTC derivatives (20200000026) for its Abu Dhabi entity, an onshore dealing licence. Pepperstone has a Dubai office with a CMA introduction licence and lower published per-lot costs. Choose by whether onshore dealing or cost matters more.

Pepperstone or IG, which is better for trading gold?

IG advertises gold spreads from 0.3 points on its German site; Pepperstone lists spot gold from 0.08 on Razor, plus commission. We did not verify which IG entity, if any, takes UAE residents, so check that first.

Is Pepperstone or Plus500 better for beginners?

Plus500 runs its own simplified platform; Pepperstone offers a Standard account with costs in the spread and a free demo on several platforms. We did not verify which Plus500 entity serves UAE residents; check the entity before signing up.

Pepperstone or Forex.com, which is better?

We did not verify Forex.com's UAE entity or prices for this page. On what we did verify, Pepperstone offers raw spreads from 0.0 pips, four third-party platforms and a Dubai office; compare Forex.com's published per-lot cost against those figures.

Is Pepperstone or Saxo better for active traders?

Saxo is a multi-asset bank-broker known for investing in listed securities as well as CFDs; we did not verify its UAE entity or CFD prices here. For an active FX and index CFD trader, Pepperstone's raw pricing and cTrader are the stronger fit on cost.

Pepperstone or Exness, which has lower spreads on gold?

Pepperstone publishes spot gold from 0.08 on Razor, plus commission. We did not verify Exness's current gold spreads for this page; compare both live at the same minute, because gold spreads swing widely around US data.

What are the best alternatives to Exness in the UAE?

For a UAE retail dealing licence, Capital.com; for low published cost and a Dubai office, Pepperstone; for automatic swap-free with Elite pricing from 0.1 pips, XS.

What are the best alternatives to eToro in the UAE?

If you want to trade yourself rather than copy others, Pepperstone, with MT5, cTrader and TradingView; if you want a simple app with a UAE dealing licence, Capital.com.

What are the best alternatives to XM in the UAE?

Pepperstone for raw pricing and platform choice with a Dubai presence, Capital.com for an onshore dealing licence and swap-free, XS for Elite pricing and automatic swap-free.

What are the best alternatives to IC Markets?

Pepperstone is the closest like-for-like: the same raw model and cTrader commission, cheaper on EUR MetaTrader accounts, dearer on TradingView, with a UAE office and AED funding.

What are the best alternatives to Equiti in the UAE?

Capital.com if you want to stay with a UAE CMA dealing licence; Pepperstone if lower published per-lot cost and cTrader matter more; XS for automatic swap-free.

Risk warning and disclosure

Comparisons use what each firm published on 21 October; prices and licences change, so verify on the firms' own sites before you sign up.

This page is information, not personal advice. CFDs use leverage, which magnifies losses as well as gains; most retail accounts lose money, and past results say nothing about future ones. Spread figures are the minimums or averages the brokers publish themselves and widen in fast markets.

Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change how we calculate costs, which our methodology explains.

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