Pepperstone vs Capital.com 2026

The two menus, side by side

	Pepperstone	Capital.com
Primary regulator	FCA 684312	FCA 793714
Regulation tier	tier-1	tier-1
Min deposit	None	$20
EUR/USD spread	From 0.0 pips (ECN)	0.6 pips
Instruments	1,200+	6,800+
MetaTrader	Yes (MT4+MT5)	Yes (MT4+MT5)
Copy trading	Yes	No
Real stocks	No, CFDs only	No, CFDs only
Inactivity fee	None	None
Founded	2010	2016
Headquarters	Melbourne, Australia	London, UK

The kitchen inspection: Pepperstone vs Capital.com

Pepperstone is regulated by FCA under licence 684312 (Pepperstone Ltd). The FCA is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.

Capital.com is regulated by FCA under licence 793714 (Capital Com (UK) Ltd). The FCA is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.

Both brokers are regulated by tier-1 authorities. Neither has a significant regulatory advantage over the other.

Ingredient costs and the bill

Pepperstone's EUR/USD spread is From 0.0 pips (ECN). Capital.com's EUR/USD spread is 0.6 pips. Pepperstone offers tighter spreads on this pair.

Pepperstone does not charge an inactivity fee. Capital.com does not charge an inactivity fee.

Platforms and tools

Both Pepperstone and Capital.com support MetaTrader 4 and 5, so algorithmic traders and EA users can use either.

Pepperstone offers copy trading, Capital.com does not.

The cover charge

Pepperstone requires a minimum deposit of None. Capital.com requires $20. Pepperstone has the lower barrier to entry. Traders who want to start with less capital should consider Pepperstone.

Note that minimum deposits can vary by account type and by which regulatory entity serves your country. Some offshore entities allow lower deposits than the tier-1 entity.

Which is better for beginners?

Pepperstone is generally better for beginners because it offers copy trading, allowing new traders to replicate experienced traders automatically while learning. Pepperstone also has the lower minimum deposit of None, making it easier to start with a small amount. Both platforms are accessible to new traders, though neither is specifically designed as a beginner-only broker.

Which is better for experienced traders?

Both Pepperstone and Capital.com support MetaTrader, so experienced traders can use either without restriction. Pepperstone's tighter spreads (From 0.0 pips (ECN)) make it better for high-frequency and scalping strategies. Capital.com offers more instruments (6,800) for portfolio diversification.

The verdict: Pepperstone vs Capital.com

Book a table at Pepperstone if what you are after is tighter spreads, lower minimum deposit (None vs $20), copy trading. Its FCA licence (684312) brings the full weight of a tier-1 seal.

Go with Capital.com if you want more instruments (6,800 vs 1,200). Its FCA licence (793714) means solid tier-1 protection.

Neither kitchen is a bad one; both hold real licences. In the end it is your own trading appetite that picks the table.

Frequently asked questions

Pepperstone vs Capital.com: which is better?

Pepperstone is better for tighter spreads, lower minimum deposit (None vs $20), copy trading. Capital.com is better for more instruments (6,800 vs 1,200). If regulation quality is your priority, both have comparable regulation.

Is Pepperstone or Capital.com safer?

Both Pepperstone (FCA 684312) and Capital.com (FCA 793714) are regulated by tier-1 authorities. Both segregate client funds.

What is the minimum deposit for Pepperstone and Capital.com?

Pepperstone minimum deposit: None. Capital.com minimum deposit: $20. Minimums vary by entity and account type.

Do Pepperstone and Capital.com have MetaTrader?

Yes, both support MetaTrader 4 and MT5.