Head-to-Head Comparison

Pepperstone vs Saxo Bank

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

Pepperstone logo

Pepperstone

ASIC
VS
Score
5:1
Saxo Bank logo

Saxo Bank

FSA
Est. 1992

Quick Summary

Pepperstone and Saxo Bank (established 1992) are both regulated forex and CFD brokers. Pepperstone offers tighter spreads starting from 0 pips, compared to Saxo Bank's 0.4 pips. Saxo Bank provides higher maximum leverage of 30:1 versus Pepperstone's . Pepperstone has a lower minimum deposit requirement of $10.

Trading Conditions

Feature
Pepperstone
Saxo Bank
Min. Spread
0 pips
0.4 pips
Min. Deposit
$10
$2000
Max Leverage
30:1
Execution
Market Maker
Instruments
1444+
71000+
Founded
1992
Headquarters
Denmark

Regulation & Licensing

Pepperstone logo
Pepperstone

ASIC
Australia
SCB(SIA-F217)
Bahamas
CySEC
Cyprus
FCA
United Kingdom
BaFin
Germany
CMA
Kenya
DFSA
Dubai

Saxo Bank logo
Saxo Bank

FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia

Platforms & Features

Feature
Pepperstone
Saxo Bank
Platforms
Pepperstone Trading Platform, MetaTrader 4, MetaTrader 5, cTrader, TradingView
SaxoTraderGO, SaxoTraderPRO
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
Pepperstone
Saxo Bank
Total Servers
2
Total Endpoints
40
Countries
11
Hosting Providers
Alibaba Cloud, Linode/Akamai, Beeks Financial Cloud

Account Types

Pepperstone

Standard
Min: $10
Razor
Min: $10

Saxo Bank

Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1

Verdict: Pepperstone vs Saxo Bank

Based on our verified data analysis, Pepperstone has a slight edge in this comparison with a score of 5 vs 1.

Choose Pepperstone if you prioritize the tightest possible spreads. Choose Saxo Bank if you need higher leverage. Choose Pepperstone for a lower entry barrier.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.