IC Markets vs Pepperstone Crypto
An in-depth comparison to help you choose the right broker for your trading journey.
QUICK VERDICT
Who Wins?
VS
HEAD-TO-HEAD 
![Pepperstone Crypto]()
Side-by-Side Comparison
Feature
Overall Rating
4.6/5
2.3/5
Minimum Deposit
$200
$0
Spreads From
0.0 pips
0.1% (0% June)
Max Leverage
Up to 500:1
None (spot only)
Instruments
2,250+
14+
Fees Score
4.9/5
3/5
Platforms Score
4.7/5
2/5
Education Score
3.5/5
2/5
Safety Score
4.5/5
3/5
Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView
Web Platform, Mobile App
Founded
2007
2025
Headquarters
Sydney, Australia
Melbourne, Australia
ANALYSIS
Open IC Markets Account
![Pepperstone Crypto]()
Open Pepperstone Crypto Account
Pros & Cons
Pros
- Industry-leading raw spreads from 0.0 pips
- True ECN execution with no dealing desk
- $1 trillion+ monthly trading volume
- Multiple platforms including TradingView
- Excellent for high-frequency and algo trading
- Deep institutional liquidity
Cons
- $200 minimum deposit
- Limited educational content
- No proprietary platform
- Basic research tools
Pros
- Backed by Pepperstone Group (est. 2010)
- 0.1% flat fee or 0% June promo
- Ringfenced client funds, no lending
- ISO 27001 certified
Cons
- Counterparty model - not a real exchange
- Australia only
- Only 14+ coins vs 200+ on major exchanges
- No AFSL, no charting, no staking
RECOMMENDATION
Which Broker Should You Choose?
Choose
If you:
- High-volume traders
- Scalpers
- Algorithmic traders
- Professional traders
FREE TOOLS
Calculate Your Trading Costs
Use our free tools to compare broker costs and calculate position sizes before you trade.
MORE COMPARISONS
matched with AvaTrade
2 minutes ago