Equiti vs Pepperstone
A side-by-side evidence check. Missing values stay missing; a minimum spread is not a typical trading cost.
Separate the published spread from the raw-spread formula
Equiti publishes a typical EUR/USD figure for Standard. Pepperstone Standard is described as raw spread plus a markup, while Razor adds commission. The raw spread used by Pepperstone’s formula is not a complete observed average in our dataset.
Request the same observation window from both firms. For a hypothetical Razor commission of USD 3.50 per side per standard lot, the round-trip commission equals 0.7 EUR/USD pips before raw spread. Account, platform, financing and minimum-charge differences still need to be included.
Sources: Equiti · forex specifications ↗ · Pepperstone UAE costs and fees ↗
| Compare evidence | Equiti | Pepperstone |
|---|---|---|
| Entity | Equiti Securities Currencies Brokers LLC | Pepperstone Financial Services (DIFC) Limited |
| Licence | 20200000026; 20200000352Broker-published Category 1 and 5 references; register match remains open. | F004356 |
| Scope | Category 1 dealing / OTC FX; Category 5 introduction and promotion | Arranging deals in investments; retail endorsement |
| AED currency | Published: yesUAE account page lists AED for Classic, Standard and Premier. Micro is described as USD. Ledger currency is separate from transfer methods, conversion fees and custody; confirm the selected account. | UNKNOWN — not verified |
| EUR/USD pips | 1.4Broker-published Standard EUR/USD typical spread; source footnote specifies London/New York sessions. Not a live measurement or guarantee. | UNKNOWN — not verified |
| Minimum, USD | UNKNOWN — not verifiedUNKNOWN: Standard shows USD 100 on the general accounts page but no minimum on the Mini page’s Standard card. Resolve account/offer applicability before publishing one minimum. | UNKNOWN — not verified |
| Client-money location | UNKNOWN — not verified | UNKNOWN — not verified |
Standard and Premier have different pricing and deposit requirements. Tier-1 bank wording does not identify the client-money bank or jurisdiction. The brand has multiple entity routes. Its UAE legal page describes an LLC introduction route to Pepperstone Markets Limited. This does not establish the contracting entity for every DIFC customer.
What the comparison covers
The captured sources establish only the fields shown. They do not establish which broker is cheapest for your account or where your individual funds will be held. Ask both firms for the same instrument, account type, trade size and holding period.
Compare a fee scenario →What to resolve for Equiti and Pepperstone
Both profiles have captured values for named source entity, published platforms. These values need matching account scope before any price comparison.
At least one side still lacks: AED account currency, EUR/USD spread, commission, client-money location. Request these details from both firms for the same UAE-resident account and instrument. Missing values cannot establish a winner.