Scores, winners and data below compare these brokers as CFD brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
Pepperstone
Available in your country Pepperstone accepts clients from the country this site is for.
89% of retail investor accounts lose money when trading CFDs with this provider.
XTB
Available in your country XTB accepts clients from the country this site is for.
80% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders Pepperstone and XTB are best suited to, based on what each one actually offers in Nigeria.Pepperstone is better than XTB for high-volume traders, algo traders and crypto traders. XTB, on the other hand, is better for long-term investors. Professional traders, scalpers and swing traders can choose either Pepperstone or XTB.
| Overall score | Pepperstone 84 Best not offered | XTB 75 -9 75 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise Pepperstone and the ones that supervise XTB.Pepperstone and XTB are both regulated by top-tier authorities, Pepperstone by BaFin, CySEC and ASIC (Australia) and XTB by CySEC, KNF and the FCA (United Kingdom).
| Section score | Pepperstone 100 not offered | XTB 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CySEC (Cyprus), KNF (Poland) | |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that Pepperstone and XTB have in place to protect your money in Nigeria.Pepperstone and XTB both offer segregated client funds and two-factor authentication.
| Section score | Pepperstone 65 -8 not offered | XTB 73 Best 73 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2010 | 2002 |
| Parent company i | Pepperstone Group Limited | XTB S.A. |
| CEO i | Tamas Szabo | Omar Arnaout |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | |
| Brand power | ||
| Number of customers worldwide i | 900,000 | 1,600,000 |
| Annual revenue i | USD 13,000,000 | USD 260,000,000 |
| Monthly website search traffic i | 1.3M monthly visits | |
Costs
What we compare A comparison of what it costs to trade with Pepperstone and with XTB in Nigeria, both on each trade and on holding the account.Pepperstone is better than XTB for CFD costs, given that Pepperstone is cheaper on EUR/USD, at 9 USD per lot (against XTB's 10.6 USD), has tighter S&P 500 CFD spreads, at 0.47 points (against XTB's 0.59 points), and has tighter gold CFD spreads, at 0.19 points (against XTB's 0.89 points). Neither Pepperstone nor XTB charges account maintenance fees or account opening fees.
Pepperstone does not offer real stocks, being a CFD broker, so XTB and Pepperstone cannot be compared for real stock costs.
| Section score | Pepperstone 74 Best not offered | XTB 41 -33 71 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | USD 6 | Free |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 9 | USD 10.6 |
| S&P 500 fees (CFD) i | 0.47 points | 0.59 points |
| Gold fees (CFD) i | 0.19 points | 0.89 points |
| Bitcoin fees (CFD) i | USD 205.25 | |
| US stocks fees (CFD) i | USD 0.02 | Free |
| Fees on stocks | ||
| Stock fee type i | Commission, Percentage | |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with Pepperstone and with XTB in Nigeria, and of how many instruments each one gives access to.Pepperstone and XTB are close on CFD markets. Both Pepperstone and XTB offer CFDs on commodities, crypto, forex, indices and stocks. XTB goes a step further, as it gives access to 5,200 tradable symbols (against Pepperstone's 1,444), and lets you own bonds, ETFs and stocks outright.
XTB and Pepperstone cannot be set side by side for real stock markets, as Pepperstone is a CFD broker and does not offer real stocks, unlike XTB.
| Section score | Pepperstone 75 not offered | XTB 75 45 |
|---|---|---|
| Total tradable symbols i | 1,444 | 5,200 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | ||
| Options i | ||
| Assets you can own i | Bonds, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that Pepperstone and XTB make available to their clients in Nigeria.Pepperstone is better than XTB for platforms, as Pepperstone offers cTrader, MetaTrader 5 and MetaTrader 4, which XTB does not. Both Pepperstone and XTB offer TradingView and one-click trading.
XTB and Pepperstone cannot be set side by side for platforms, as Pepperstone is a CFD broker and does not offer real stocks, unlike XTB.
| Section score | Pepperstone 92 Best not offered | XTB 86 -6 86 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of Pepperstone and XTB in Nigeria, and of what each one lets you do from your phone.Pepperstone is better than XTB for mobile trading, as Pepperstone offers the cTrader app, the MetaTrader 5 app and the MetaTrader 4 app, which XTB does not. Both Pepperstone and XTB offer a proprietary mobile app and mobile price alerts.
XTB and Pepperstone cannot be set side by side for mobile trading, as Pepperstone is a CFD broker and does not offer real stocks, unlike XTB.
| Section score | Pepperstone 100 Best not offered | XTB 67 -33 67 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that Pepperstone and XTB allow on their platforms in Nigeria.Pepperstone is better than XTB for CFD trading features, given that Pepperstone offers tier-1 liquidity providers and VPS hosting, which XTB does not, and allows for automated trading. Both Pepperstone and XTB offer negative balance protection and trailing stops.
Pepperstone does not offer real stocks, being a CFD broker, so XTB and Pepperstone cannot be compared for real stock trading features.
| Section score | Pepperstone 93 Best not offered | XTB 75 -18 74 |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | NDD |
| Average execution time i | 30 ms | 6 ms |
| Slippage occurrence i | 28.05% | |
| Requotes occurrence i | 0.08% | |
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 500:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 500:1 | 20:1 |
| Major indices leverage i | 400:1 | 20:1 |
| Minor indices leverage i | 100:1 | 10:1 |
| Gold leverage i | 500:1 | 20:1 |
| Commodities leverage i | 50:1 | 10:1 |
| Equities leverage i | 20:1 | 5:1 |
| Cryptocurrency leverage i | 20:1 | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at Pepperstone and at XTB in Nigeria, and of who each one is meant for.Pepperstone is better than XTB for CFD account types, since Pepperstone offers a corporate account, an ECN account and a copy trading account, which XTB does not. Pepperstone and XTB both offer a demo account and a professional traders account.
Only XTB can be assessed for real stock account types, since Pepperstone is a CFD broker and does not offer real stocks.
| Section score | Pepperstone 75 Best not offered | XTB 50 -25 49 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with Pepperstone and with XTB in Nigeria.Pepperstone is better than XTB for account opening, given that Pepperstone offers 10 account base currencies (against XTB's 2), supports e-wallets, which XTB does not, and pays out withdrawals faster, within 1 day (against XTB's 3 days). Neither Pepperstone nor XTB requires a minimum deposit.
Only XTB can be assessed for account opening, since Pepperstone is a CFD broker and does not offer real stocks.
| Section score | Pepperstone 90 Best not offered | XTB 65 -25 65 |
|---|---|---|
| Minimum deposit i | USD 0 | USD 0 |
| Minimum withdrawal i | USD 0 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | EUR, USD |
| Deposit waiting time i | up to 1 business days | Instant |
| Withdrawal waiting time i | up to 1 business days | up to 3 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Pepperstone and XTB in Nigeria, in how it can be reached and how fast it answers.Pepperstone is better than XTB for customer care, as Pepperstone offers a dedicated account manager and priority support, which XTB does not. Both Pepperstone and XTB offer phone support and live chat.
XTB and Pepperstone cannot be set side by side for customer care, as Pepperstone is a CFD broker and does not offer real stocks, unlike XTB.
| Section score | Pepperstone 73 Best not offered | XTB 62 -11 62 |
|---|---|---|
| Number of languages supported i | 10 | 14 |
| Website languages i | Arabic, English, Italian, Korean, Polish, Russian, Spanish, Vietnamese, Chinese | Arabic, Czech, German, English, French, Hungarian, Italian, Polish, Portuguese, Romanian, Slovenian, Spanish, Turkish, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, English, Italian, Korean, Polish, Russian, Spanish, Thai, Vietnamese, Chinese | Arabic, Greek, English, French, Italian, Russian, Spanish, Thai, Turkish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that Pepperstone and XTB provide to their clients in Nigeria.Pepperstone and XTB are equally good for learning, as both offer education for advanced traders and webinars.
Pepperstone does not offer real stocks, being a CFD broker, so XTB and Pepperstone cannot be compared for learning.
| Section score | Pepperstone 88 not offered | XTB 88 88 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
Pepperstone vs XTB: which one should you choose?
Pepperstone
CFD Choose Pepperstone, regulated by the FCA and ASIC, if you want a CFD and forex broker with low spreads, several trading platforms and copy trading accounts.
Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.
XTB
CFD Choose XTB, regulated by the FCA and CySEC, if you want an online CFD broker with fast execution and a wide choice of markets.
Stocks Choose XTB, regulated by the FCA and CySEC, if you want a broker for securities investing with commission-free US stocks.
Open Account 80% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include Pepperstone or XTB, each scored with the same data and method as this page.
