IC Markets and Pepperstone are both Australian brokers, but they have some key differences, particularly in spreads。Let's take a look at the point difference comparison between IC Markets and Pepperstone。

Both IC Markets and Pepperstone are considered two of the most trusted forex brokers in the industry, both of which offer a variety of trading services to traders around the world, and both are known for their low spreads, which are attractive for traders who want to minimize trading costs.。

In this article, we will examine in detail the spreads offered by the two brokers and then compare the spreads of many other asset classes。

Forex Trading Spreads

IC Markets and Pepperstone are known for offering low-cost trading options, especially in spreads.。Both brokers offer original spread accounts with commission-based pricing, which means that traders are charged a commission for each trade in addition to the original spread of the currency pair being traded.。This pricing model provides traders with transparency, allowing them to accurately see the fees paid for each transaction, making it easier to manage transaction costs。

In terms of FX spreads, the spread of IC Markets is the lowest in the market。The minimum spread of the major currency pairs is 0 points, and the average spread of EUR / USD is 0.02 points。The minimum spread of the Pepperstone major currency pair is also 0 points, but the average spread of EUR / USD is 0.16 points。It is worth noting that the spreads of both brokers are very small, allowing traders to execute trades at a lower cost。

However, IC Markets has a slight advantage over Pepperstone in terms of the average spread of EUR / USD, which can be an important factor for traders who regularly trade the currency pair.。

commodity trading spread

Commodities can be traded in IC Markets and Pepperstone, and both brokers offer minimal spreads on these securities。In the case of Brent crude futures, IC Markets has a relatively competitive minimum spread of 0.02 points。In IC Markets, the average spread of Brent crude futures is 0.028 points, below the industry average。Still, for Brent crude, Pepperstone's minimum spread is 0.03 points, with an average spread of 0.034 points。Although Pepperstone's average spread is slightly higher than IC Markets, it is still a very competitive product。

For other commodity futures contracts, IC Markets has an advantage over Pepperstone, with slightly lower spreads on cocoa, soybeans and wheat。Therefore, IC Markets is an excellent choice for traders looking for cheaper transaction fees for these assets。

Overall, both IC Markets and Pepperstone offer traders diversified commodities and highly competitive spreads.。While IC Markets has a slight advantage in terms of lower spreads for specific commodities, both brokers offer extremely competitive pricing for all commodities.。Traders looking to trade commodities through low-cost brokers will find IC Markets or Pepperstone attractive。

Index trading spreads

In addition to forex and commodities trading, IC Markets and Pepperstone offer major index trading。As index trading has grown in popularity over the years, it is important for brokers to provide competitive spreads to their clients.。Both brokers offer smaller spreads for index trading, but offer slightly different spreads。

The minimum spread of IC Markets to the US Wall Street 30 index is 1..0 point, the same as the minimum point difference of Pepperstone。However, the average spread of IC Markets to the US Wall Street 30 Index is 1.411 points, slightly below Pepperstone's average spread of 1.49 points。This suggests that IC Markets may be a slightly better choice for traders who regularly trade the US Wall Street 30 Index。

For other major indices such as the German 40 and the US SPX 500, the average spread of IC Markets is again slightly lower than Pepperstone。The average spread of the IC Markets Germany 40 index is 0.9 points, while Pepperstone's average spread is 1.0 point。Similarly, the average spread of IC Markets over the US SPX 500 is 0.3 points, while Pepperstone's average spread is 0.4 points。These small differences in average spreads may not have a significant impact on traders' profits, but it is worth noting that IC Markets spreads are slightly more competitive for index trading。

It is important to remember that spreads may change depending on market conditions。Spreads may widen significantly during periods of extreme volatility。It is important for traders to track market conditions and adjust their trading strategies accordingly。Both IC Markets and Pepperstone provide traders with economic calendars and other tools to keep up to date with the latest market news and events。

Precious metals trading spreads

Both IC Markets and Pepperstone offer lower precious metal spreads, which are particularly attractive to traders who prefer to invest in safe-haven assets such as gold and the US dollar.。The minimum spread between IC Markets gold and the dollar is 0 pips, which means that traders can execute trades without incurring any additional costs due to the spread。The average spread of gold in IC Markets is 1.083 points, slightly below Pepperstone's average spread of 1.3 points。

The spread between silver and other precious metals such as platinum is equally competitive in IC Markets.。The minimum spread of silver against the dollar is 0 points and the average spread is 0.101 points。The minimum spread of platinum is 0 points and the average spread is 4.836 points。For comparison, Pepperstone's silver minimum spread is 0.2 points with an average spread of 0.204 points。Pepperstone's Platinum Lowest Difference of 5.0 points with an average spread of 5.177 points。Thus, IC Markets has an advantage over Pepperstone in offering cheaper spreads for precious metals trading。

Overall, both brokers offer narrow spreads and reasonable pricing across a wide range of asset classes, which makes them both attractive to traders.。Traders looking for low spreads may consider IC Markets, which has slightly lower spreads across most asset classes。However, before choosing a broker, traders should evaluate other variables such as trading platforms, regulations and customer service。

Overall comparison

Both IC Markets and Pepperstone offer highly competitive spreads across a variety of asset classes。IC Markets has a slight edge in the average spreads of major foreign exchange pairs and certain commodities, indices and precious metals.。However, traders should also consider other factors when choosing a broker, such as trading platforms, regulatory oversight and customer support。

IC Markets offers traders a wide range of trading platforms, including the popular MetaTrader 4 and 5 platforms and cTrader。The broker is also regulated by the Australian Securities and Investments Commission (ASIC), the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC).。Customer support is available 24 / 7 with a professional team of professionals available to answer any questions or concerns。

Pepperstone also offers a wide range of trading platforms including MetaTrader 4, MetaTrader 5 and cTrader。The broker is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority.。