FP Markets vs Pepperstone: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFP MarketsPepperstone
Licence Score69Strong78Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record67
1 FCA United Kingdom —Licensed · FRN 684312
1 ASIC Australia Licensed · AFSL 286354Licensed · AFSL 414530
1 BaFin Germany —Licensed
2 CySEC Cyprus Licensed · Licence 371/18Licensed · Licence 388/20
2 FSCA South Africa Licensed · FSP 50926—
2 DFSA United Arab Emirates —Licensed
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya LicensedLicensed
3 SCB Bahamas —Licensed
4 FSA (Seychelles) Seychelles Licensed—
Founded20052010
HeadquartersAustraliaAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, cTrader, TradingView
Minimum depositUS$100No minimum
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Frequently asked questions

Is FP Markets or Pepperstone better regulated?

Pepperstone has the higher Licence Score (78 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both FP Markets and Pepperstone?

Both are matched to licences from ASIC, CySEC and CMA (Kenya).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.