Pepperstone vs Plus500: 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.

AttributePepperstonePlus500
Licence Score78Strong92Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record710
1 FCA United Kingdom Licensed · FRN 684312Licensed · FRN 509909
1 ASIC Australia Licensed · AFSL 414530Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore —Licensed
1 BaFin Germany Licensed—
2 CySEC Cyprus Licensed · Licence 388/20Licensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates LicensedLicensed
2 FMA (NZ) New Zealand —Licensed
2 EFSA Estonia —Licensed
3 CMA (Kenya) Kenya Licensed—
3 SCB Bahamas Licensed—
4 FSA (Seychelles) Seychelles —Licensed
Founded20102008
HeadquartersAustraliaIsrael
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoLSE:PLUS
PlatformsMT4, MT5, cTrader, TradingViewProprietary
Minimum depositNo minimumUS$100
VisitVisit siteVisit site

Frequently asked questions

Is Pepperstone or Plus500 better regulated?

Plus500 has the higher Licence Score (92 vs 78), based on the number and tier of licences, operating history and public listing.

Which regulators license both Pepperstone and Plus500?

Both are matched to licences from ASIC, FCA, 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.