CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
BrokrpediaCheck a broker
Interactive Brokers
vs
Pepperstone

Interactive Brokers vs Pepperstone

What each publishes, side by side. — means we haven't got it from the broker's own pages.

Interactive BrokersPepperstone
Licences on a register4 of 53 of 4
RegulatorsSEC/CFTCFCACBIASICCIROFSCACMA KenyaASICCySEC⚠ 1 flag
Lowest spread—0.0Raw spreads on the Razor account
Commission / lot$0US stocks and ETFs on IBKR Lite$3.50Per lot per side, Razor; Standard has none on FX
Min deposit—NonePepperstone doesn't set a minimum deposit
Max leverage—1:400Maximum leverage as stated on the page; depends on entity and client type
Platforms—MT4, MT5, cTrader, TradingViewPlatforms named on the broker's own site
Licences stated✓ = matched on register
  • ✓ SEC/CFTC 0258600
  • ✓ FCA 208159
  • ✓ CBI C423427
  • ✓ ASIC 453554
  • · CIRO
  • · FSCA 46862
  • ✓ CMA Kenya 128
  • ✓ ASIC 414530
  • ✓ CySEC 388/20
Regulator warningsFCA list, name match
Trustpilot—Read on Trustpilot ↗4.33,310 reviewsRead on Trustpilot ↗
Regulator warning naming the firmNone foundNone found
VisitVisit Interactive BrokersVisit Pepperstone
vs

Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.