Interactive Brokers has 8 global level 1 licenses, while Pepperstone has 2 global level 2 licenses. In addition to an excellent collection of educational resources, Pepperstone offers tools for fundamental analysis, such as an economic calendar, market news and a financial market analysis conducted by the broker's in-house analysis team. Both brokers offer clients a variety of trading platforms that adapt to the different needs and preferences of traders. As an NDD agent that executes orders with direct processing, Pepperstone processes customer transactions without the intervention of the trading desk.
Most financial authorities in countries such as the United Kingdom, Dubai, Australia and Europe require brokers to follow strict rules. While both Pepperstone and XTB are not dealing desk brokers (NDD) and offer excellent trading conditions with ECN-style pricing, Pepperstone's execution speeds are significantly faster than those of XTB. If you compare tier 3 licenses, Interactive Brokers has none, while Pepperstone is authorized by SCB (Bahamas). Both brokers offer spreads similar to those of the ECN to those of the ECN to those with a Razor (Pepperstone) or a Pro account (XTB).
Both brokers offer a wide range of financial instruments with the possibility of trading currencies, cryptocurrencies* and stocks, among other asset classes. For trading platforms, Interactive Brokers supports a proprietary platform and desktop platform (Windows), while Pepperstone supports a desktop platform (Windows), cTrader and DupliTrade. Since trading complex instruments, such as currencies and CFDs, involves a high risk of losing money, you can use a broker's risk management tools to reduce your exposure. Interactive Brokers is a highly trusted multi-asset broker with a wide range of tradable global markets.
XTB and Pepperstone are regulated brokers that offer similar pricing structures, trading platforms and risk management tools.
