Pepperstone vs FxPro 2026: Which Broker is Best for Sweden Traders?
Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.
Sweden traders looking for a reliable forex broker face a choice between two global heavyweights: Pepperstone and FxPro. Both are well-established, offer competitive trading conditions, and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT. However, Pepperstone stands out with a 4.9/5 Trustpilot rating, tighter spreads, and faster execution, making it a favorite among active retail traders in Sweden. FxPro, scoring 4.1/5, offers a broader range of instruments and a user-friendly platform but falls slightly behind in cost efficiency. This comparison will help you decide which broker aligns best with your trading style, whether you prioritize low costs, platform variety, or local support. Both brokers accept Sweden clients and comply with international regulations, but Pepperstone’s higher rating and lower spreads give it a clear edge for most traders.
| Instrument | Pepperstone | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $100 | Pepperstone |
| Inactivity fee | ✓ | ✓ | Tie |
For Sweden traders, trading costs are a critical factor, especially for those who trade frequently. Pepperstone offers spreads starting from 0.0 pips on its Razor account with a small commission, while its Standard account has spreads from 1.0 pips with no commission. FxPro’s spreads start from 0.6 pips on its Raw account and 1.2 pips on its Standard account, both with no commission. Overall, Pepperstone’s Razor account is more cost-effective for high-volume traders, while FxPro’s Raw account is competitive for lower-volume trading. Sweden traders should consider their average trade size and frequency to choose the most economical option.
| Account Type | Pepperstone | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| VPS trading | ✓ | ✓ |
| Min deposit | $0 | $100 |
| Neg. balance protection | ✓ | ✓ |
| Entity / Asset | Pepperstone | FxPro |
|---|---|---|
| Sweden (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | Pepperstone | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Pepperstone |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Pepperstone |
| Crypto CFDs | 30+ | 20+ | Pepperstone |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Options | ✗ | ✗ | Tie |
| Futures | ✗ | ✗ | Tie |
| Platform | Pepperstone | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✓ Exclusive | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
| Fixed spreads | ✗ | ✗ |
| Variable spreads | ✓ | ✓ |
Pepperstone offers MetaTrader 4, MetaTrader 5, cTrader, and its proprietary platform, TradingView. FxPro provides MetaTrader 4, MetaTrader 5, cTrader, and its own FxPro Edge platform. Both brokers support desktop, web, and mobile versions, ensuring Sweden traders can access their accounts from any device. For traders who prefer advanced charting and automation, Pepperstone’s cTrader is a strong choice, while FxPro’s Edge platform offers a clean interface for beginners. Sweden traders using algorithmic trading will appreciate both brokers’ support for Expert Advisors (EAs) on MT4 and MT5.
| Factor | Pepperstone | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | Pepperstone |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | ✗ | ✗ | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| News trading | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Pepperstone boasts an average execution speed of 30-40 milliseconds, using advanced technology like Equinix data centers and low-latency infrastructure. FxPro offers execution speeds around 50-60 milliseconds, which is still competitive but slightly slower. For Sweden traders engaged in scalping or high-frequency trading, Pepperstone’s faster execution can be a significant advantage, reducing slippage and improving trade outcomes.
| Safety Factor | Pepperstone | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Reg number | #684312 | #509956 |
| Verify registration | Verify ↗ | Verify ↗ |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Pepperstone is regulated by the FCA (UK), ASIC (Australia), and CySEC (Cyprus), while FxPro is regulated by the FCA, CySEC, and SCB (Bahamas). Neither broker is directly regulated by the Swedish Financial Supervisory Authority (FI), but they comply with EU regulations via CySEC, which offers investor protection up to €20,000 through the ICF. For Sweden traders, this means a reasonable level of security, but not the same as being under local FI oversight. Pepperstone’s multiple licenses provide additional confidence, while FxPro’s FCA regulation adds a layer of trust.
| Payment Method | Pepperstone | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Deposit fee | None | None |
| Withdrawal time | Same business day if submitted before 07:00 AEST; otherwise next business day; bank wire several days | Instant for most methods; bank wire 3-5 days intl; withdrawals 24/5 |
| Min withdrawal | $50 | $50 |
Sweden traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT. Pepperstone also accepts credit/debit cards, PayPal, and Poli, while FxPro adds bank wire and credit cards. Minimum deposits vary: Pepperstone requires $200 (or equivalent), while FxPro requires $100. Deposits via Skrill, Neteller, and USDT are usually instant and fee-free, while bank transfers may take 1-3 days and could incur intermediary fees. Withdrawals are processed quickly: e-wallets within 24 hours, USDT within a few hours, and bank transfers within 1-3 business days. Both brokers do not charge internal fees for withdrawals, but Sweden traders should check with their bank for any incoming wire fees. Overall, the process is straightforward and supports the most popular local methods.
| Islamic Account Feature | Pepperstone | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| Gold swap-free | ✓ | ✓ |
| Crypto swap-free | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Pepperstone and FxPro offer Islamic (swap-free) accounts for Sweden traders who require them due to religious beliefs. These accounts eliminate swap fees on overnight positions, making them compliant with Sharia law. Pepperstone’s Islamic account is available on request and applies to all account types, while FxPro offers it on MT4 and MT5 accounts. Sweden traders should note that Islamic accounts may have restrictions on certain instruments or require a minimum deposit. Both brokers provide clear terms, but it’s advisable to confirm availability and conditions with customer support before opening an account.
| Support Feature | Pepperstone | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| 24/5 support | ✓ | ✓ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Pepperstone |
Pepperstone offers 24/5 multilingual customer support via live chat, email, and phone, with a Swedish-speaking team available during business hours. FxPro provides 24/5 support via live chat, email, and phone, but Swedish language support is limited to email and phone during specific hours. Pepperstone’s faster response times and local language options make it a better choice for Sweden traders who prefer support in their native language.
| Mobile Feature | Pepperstone | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5★ | 4.3★ | Pepperstone |
| Google Play rating | 4.3★ | 4.2★ | Pepperstone |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| Mobile deposit/withdrawal | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | Pepperstone |
| Dark mode | ✓ | ✓ | Tie |
| Resource | Pepperstone | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Pepperstone |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Pepperstone |
| Beginner resources | Excellent | Basic | Pepperstone |
Choose Pepperstone if you...
- Prefer ultra-low spreads starting from 0.0 pips for cost-effective trading
- Need fast execution below 40 ms for scalping or high-frequency strategies
- Value a higher Trustpilot score (4.9/5) and strong customer support in Swedish
- Want access to cTrader and TradingView platforms for advanced charting
Choose FxPro if you...
- Want a lower minimum deposit of $100 to start trading
- Prefer a broker with a longer history (founded 2006) and FCA regulation
- Need a wider range of instruments including CFDs on shares and ETFs
- Like the simplicity of FxPro’s proprietary Edge platform for beginners
For Sweden traders, Pepperstone emerges as the stronger choice overall, thanks to its superior rating (4.9/5), tighter spreads, faster execution, and excellent customer support. It also supports all the local payment methods Sweden traders need, including Bank Transfer, Skrill, Neteller, and USDT. While FxPro is a reliable alternative with a lower minimum deposit and a broader instrument range, Pepperstone’s cost efficiency and performance make it ideal for active retail traders. If you prioritize low costs and speed, go with Pepperstone. If you prefer a broker with a longer track record and more instrument variety, FxPro is still a solid option, but we recommend Pepperstone for most Sweden traders.