Pepperstone Crypto vs XM
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for Pepperstone Crypto and XM, side by side, across the categories that decide your costs and safety.
Who Wins?
XM wins on overall score (4/5 vs 2.3/5). Pepperstone Crypto is the pick if you value australian buyers; choose XM if you value beginners with small budgets. The tables below show where each actually wins.
Who this is for: Pepperstone Crypto suits traders who prioritise australian buyers; XM suits traders who prioritise beginners with small budgets.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between Pepperstone Crypto and XM.
Pros & Cons
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
Pros
- Ultra-low $5 minimum deposit
- Excellent educational resources
- Multi-regulated (FCA, CySEC, ASIC)
- No deposit or withdrawal fees
- Excellent customer support (24/5)
Cons
- Higher spreads than ECN brokers
- Limited research tools
- Inactivity fee after 90 days
Which Broker Should You Choose?
Pepperstone Crypto vs XM: FAQ
Which is better, Pepperstone Crypto or XM?
Overall, Pepperstone Crypto scores 2.3/5 and XM scores 4/5. The right pick depends on what you value: Pepperstone Crypto for australian buyers, XM for beginners with small budgets.
Which is cheaper, Pepperstone Crypto or XM?
On our fees score, Pepperstone Crypto is 3/5 and XM is 4.2/5. Pepperstone Crypto advertises spreads from 0.1% (0% June), XM from 0.6 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, Pepperstone Crypto or XM?
Pepperstone Crypto holds 1 licence(s), including AUSTRAC. XM holds 4 licence(s), including FCA, ASIC, CySEC, IFSC. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.
Which has more markets, Pepperstone Crypto or XM?
Pepperstone Crypto offers 14+, XM offers 1,000+. Choose the range that covers what you actually trade.
Calculate Your Trading Costs
Use our free tools to compare broker costs and calculate position sizes before you trade.
Other Broker Matchups
Trading Terms Explained
New to some of the jargon in this comparison? These explainers cover the concepts that decide your costs and risk.
Minimum deposits, spreads, leverage and regulator licences include data from FX-Brokers.info. Data: FX-Brokers.info Public API - https://fx-brokers.info/api/v1/brokers.