Pepperstone vs CMC Markets — which is better for UK FCA traders?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related
Broker review: Pepperstone
Pepperstone is a BaFin-regulated broker offering razor-sharp spreads, zero minimum deposit, and excellent execution across MT4, MT5, cTrader, and TradingView.
Broker review: CMC Markets
CMC Markets is a FTSE 250-listed broker with 35+ years of experience, offering 12,000+ instruments and an award-winning proprietary trading platform.
What is the best forex broker in the UK?
Our top UK pick for 2026 is IG (9.2/10), followed by Pepperstone (9.3/10) and CMC Markets (8.8/10). All three are FCA-regulated with FSCS protection up to £85,000. IG offers the broadest market coverage; Pepperstone the tightest spreads; CMC Markets a strong technical platform.
IG vs CMC Markets — which is better?
IG is the larger and more diversified broker with 17,000+ markets, deeper research, and structured IG Academy education. CMC Markets offers the more advanced Next Generation proprietary platform with superior charting and 10,000+ markets. Both are BaFin-regulated and excellent for serious EU traders.
Is Pepperstone a safe broker?
Yes, Pepperstone is one of the safest forex brokers globally. It holds licenses from BaFin (Germany), FCA (UK), CySEC (Cyprus), and ASIC (Australia) — four tier-1 regulators. Client funds are segregated at tier-one banks, and EU clients are covered by ICF compensation up to EUR 20,000.