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City Index vs Pepperstone

By · Facts re-checked (UTC)

Here is how City Index and Pepperstone compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

City IndexPepperstone
RegulatorsFCACySEC
Minimum deposit£100 minimum initial deposit for MT4 / new cards (UK)–
Spreads from0.5 pts on MT4; 0.8 pts on standard platform (UK)from 0.0 pips (Razor, FX)
CommissionNone on MT4 except sharesUSD 3.50 per lot per side (Razor, FX and spot gold)
PlatformsCity Index Web Trader (TradingView charts), MetaTrader 4, TradingViewTradingView, MT5, Pepperstone platform
Retail accounts losing money68%–

Full reviews: City Index review · Pepperstone review

Frequently asked questions

Are City Index and Pepperstone regulated?

City Index: FCA. Pepperstone: CySEC.

Which has tighter spreads, City Index or Pepperstone?

Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and from 0.0 pips (Razor, FX) at Pepperstone; commission: City Index None on MT4 except shares, Pepperstone USD 3.50 per lot per side (Razor, FX and spot gold).

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more