Interactive Brokers 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.

AttributeInteractive BrokersPepperstone
Licence Score83Very strong78Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record87
1 FCA United Kingdom LicensedLicensed · FRN 684312
1 ASIC Australia LicensedLicensed · AFSL 414530
1 JFSA Japan Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 BaFin Germany —Licensed
1 CIRO Canada Licensed—
1 SFC Hong Kong Licensed—
1 CBI Ireland Licensed—
2 CySEC Cyprus —Licensed · Licence 388/20
2 DFSA United Arab Emirates —Licensed
3 CMA (Kenya) Kenya —Licensed
3 SCB Bahamas —Licensed
Founded19782010
HeadquartersUnited StatesAustralia
TypeMulti-asset brokerForex & CFD broker
Publicly listedNASDAQ:IBKRNo
PlatformsProprietaryMT4, MT5, cTrader, TradingView
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Interactive Brokers or Pepperstone better regulated?

Interactive Brokers has the higher Licence Score (83 vs 78), based on the number and tier of licences, operating history and public listing.

Which regulators license both Interactive Brokers and Pepperstone?

Both are matched to licences from ASIC and FCA.

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.