M4Markets 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.

AttributeM4MarketsPepperstone
Licence Score45Moderate78Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record37
1 FCA United Kingdom —Licensed · FRN 684312
1 ASIC Australia —Licensed · AFSL 414530
1 BaFin Germany —Licensed
2 CySEC Cyprus LicensedLicensed · Licence 388/20
2 DFSA United Arab Emirates LicensedLicensed
3 CMA (Kenya) Kenya —Licensed
3 SCB Bahamas —Licensed
4 FSA (Seychelles) Seychelles Licensed—
Founded20192010
HeadquartersCyprusAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, MT5, cTrader, TradingView
Minimum deposit—No minimum
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Frequently asked questions

Is M4Markets or Pepperstone better regulated?

Pepperstone has the higher Licence Score (78 vs 45), based on the number and tier of licences, operating history and public listing.

Which regulators license both M4Markets and Pepperstone?

Both are matched to licences from CySEC and DFSA.

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.