Pepperstone vs FxPro (2026) — Which Is Better for UK Traders?
Two of the strongest FCA-regulated brokers that accept UK clients. Pepperstone leads on raw-spread pricing and TradingView; FxPro leads on platform choice. Here's the side-by-side to help you pick — both are FСA-regulated with FSCS cover up to £85,000.
Side-by-side comparison
| Feature | Pepperstone | FxPro |
|---|---|---|
| Regulation | FCA · ASIC · CySEC | CySEC · FCA · FSCA |
| FSCS cover (UK) | Yes — up to £85,000 | Yes — up to £85,000 |
| Max leverage | Up to 1:30 (EU/UK retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:500 (offshore) |
| Spreads from | 0.0 pips (Razor) | 0.3 pips (cTrader Raw) |
| Min deposit | $0 (no minimum) | $100 |
| Platforms | MT4 · MT5 · cTrader · TradingView | MT4 · MT5 · cTrader · FxPro Edge |
| Spread betting | Yes | Yes |
| TradingView | Yes | No |
Choose Pepperstone if…
- You want the lowest cost per trade — Razor raw spreads from ~0.0 pips + commission
- You scalp or trade actively and value fast execution
- You want to trade directly from TradingView charts
Choose FxPro if…
- You want the widest platform choice — MT4, MT5, cTrader and FxPro Edge
- You prefer no-dealing-desk execution across multiple account types
- You want a polished proprietary app alongside MetaTrader
Frequently asked questions
Pepperstone or FxPro — which is better for UK traders?
Both are FCA-regulated with FSCS cover. Pepperstone is better for cost-focused and active traders thanks to Razor raw spreads and TradingView integration. FxPro is better if you want the widest platform choice — MT4, MT5, cTrader and FxPro Edge in one place. For scalping and lowest cost, choose Pepperstone; for platform flexibility, choose FxPro.
Are Pepperstone and FxPro regulated in the UK?
Yes. Both operate FCA-authorised UK entities that segregate client money, provide negative balance protection to retail clients, and are covered by the FSCS up to £85,000. Always confirm the exact entity on the FCA Register when you sign up.
Which has lower spreads, Pepperstone or FxPro?
Pepperstone’s Razor account offers raw spreads from around 0.0 pips plus a commission, which is typically the lower total cost for frequent traders. FxPro is competitive but its edge is platform range rather than the very tightest pricing.
Do both offer spread betting?
Yes — both Pepperstone and FxPro offer FCA-regulated spread betting accounts, so UK residents can trade tax-free (profits generally exempt from Capital Gains Tax) alongside their CFD account.
Related UK guides
Informational content, not investment advice. CFD and forex trading carries risk and most retail accounts lose money.
