Pepperstone vs IC Markets: Which Is Better?
Pepperstone and IC Markets are Australia's top ECN brokers, both offering raw spreads and cTrader support. This detailed comparison examines execution speed, spreads, platforms, and costs to determine which suits your trading style.
Which has tighter spreads?
IC Markets has slightly tighter average spreads (0.0 pips). Pepperstone averages 0.1 pips. The difference is minimal.
Execution Quality
Compare spreads and speed.
| Broker | ||
|---|---|---|
| Pepperstone | 0.1 pips | < 20ms |
| IC Markets | 0.0 pips | < 25ms |
Detailed Broker Analysis
Fastest execution, TradingView.
Pepperstone leads with faster execution (<20ms), native TradingView integration, and $0 minimum deposit. More regulators including BaFin.
Pioneer ECN, tightest spreads.
IC Markets pioneered ECN trading in Australia with the tightest average spreads. Higher minimum deposit of $200.
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January 2026





