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Broker comparison · 7 min read

IC Markets vs Pepperstone: regulation and evidence comparison

Review recorded regulator evidence for IC Markets and Pepperstone, distinguishing provider claims from official-register matches.

Quick answer

This page does not select a winner. The IC Markets file includes a provider-disclosed ASIC claim that is not marked as an official-register match; Pepperstone has a cited FCA match for Pepperstone Limited. These records concern different entities and jurisdictions.

Published: Not recorded

Last reviewed: Not recorded

Author: FXBrokerAlert Research Team

Research methodology: How research and evidence are handled

Sources checked: 2026-10-23, 2026-10-29, 2026-10-30

Reading time: 7 minutes

Evidence snapshot

Evidence fieldIC MarketsPepperstone
Official register matches
  • IC Markets (EU) LtdCYSEC · reference 362/18 · checked 2026-10-30Official source
  • Pepperstone LimitedFCA · reference 684312 · checked 2026-10-29Official source
  • Pepperstone EU LimitedCYSEC · reference 388/20 · checked 2026-10-30Official source
Provider disclosures
  • International Capital Markets Pty Ltd · reference 335692Provider disclosure; not regulator confirmation · checked 2026-10-23Provider source
  • Pepperstone Limited · reference 684312Provider disclosure; not regulator confirmation · checked 2026-10-23Provider source
External review reference9.4 / 10 · third-party reference3 source(s) · checked 2026-10-288.9 / 10 · third-party reference3 source(s) · checked 2026-10-28
FXBrokerAlert Evidence RatingNot issuedNot issued
Fees, leverage, deposit, platform and withdrawalsNot independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal termsNot independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal terms
FXBrokerAlert-submitted reviews0 submitted0 submitted

Entity records are limited to their cited source and jurisdiction. No winner, safety ranking or endorsement is implied.

The evidence types differ. The IC Markets file records provider-disclosed information that is not marked as an official-register match, while the Pepperstone file cites an FCA record for a named company. These are different evidence states, not a safety ranking.

Provider disclosure is not register confirmation

A company name or licence reference in a provider document is a lead for checking. It becomes a register match only after the exact record is located and its scope read. The table below preserves this distinction and links to recorded sources.

Jurisdictions are not interchangeable

The cited records concern different authorities and entities. Permission categories and client protections cannot be compared without context. Confirm the proposed counterparty for your residence, then use its relevant regulator guide.

What remains unverified for a commercial comparison

  • A complete current map of entities and permissions for a specified country.
  • Fees and execution conditions for the same account and trade scenario.
  • Minimum funding, leverage, platforms and withdrawals by entity.
  • A dated review of enforcement, warnings and material risk information for all relevant entities.

Open the IC Markets research file

Open the Pepperstone research file

Read the ASIC regulator guide

Research limitations

This evidence snapshot does not establish global authorisation, a particular client’s entity, current terms or comparative safety.

Frequently asked questions

Does this comparison confirm an IC Markets licence?

It does not establish a regulator-verified IC Markets entity match in this file. Provider claims are identified separately and should be checked in the official register.

Is Pepperstone licensed everywhere?

No such conclusion follows. The cited match is for Pepperstone Limited and does not establish all affiliates or jurisdictions.

Which broker has better conditions?

The available evidence does not support a like-for-like judgment. Current entity-specific terms need dated sources.

Not advice

This article is general education. Leveraged trading carries a high risk of loss.

Official sources & research notes

Official sources

  • Regulator register: IC Markets: ASIC official register / search · Regulator

    Checked 2026-10-30 · Scope: On 30 October 2026, the ASIC Professional Registers Search application shell loaded, but no record-level result could be retrieved for International Capital Markets Pty Ltd (ABN 12 123 289 109) or provider-claimed AFSL 335692. The claim remains unconfirmed; this is not evidence of non-authorisation.

  • Regulator register: IC Markets: CySEC official register / search · Regulator

    Checked 2026-10-30 · Scope: CySEC’s current entity record lists company registration 356877 and investment-service codes 1 and 9. Its approved-domains list names www.icmarkets.eu and www.ic.com/eu for this entity only.

  • Regulator register: Pepperstone: FCA official register / search · Regulator

    Checked 2026-10-29 · Scope: The current FCA register record lists Pepperstone Limited (FRN 684312), status Authorised since 5 August 2015; permissions are activity- and product-specific.

  • Regulator register: Pepperstone: CySEC official register / search · Regulator

    Checked 2026-10-30 · Scope: CySEC’s current entity record lists company registration 398429 and investment-service codes 1, 4, 5 and 9. Its approved-domains list names pepperstone.com for this entity; this does not establish client-specific routing.

Provider sources

  • Provider disclosure: IC Markets: Official broker website · IC Markets

    Checked date not recorded · Scope: Official website destination only. This website has not been independently reviewed as evidence in this file.

  • Provider disclosure: IC Markets: Provider legal disclosure · IC Markets

    Checked 2026-10-23 · Scope: The provider’s September 2026 Australian Account Terms state ABN 12 123 289 109 and AFSL 335692.

  • Provider disclosure: Pepperstone: Official broker website · Pepperstone

    Checked date not recorded · Scope: Official website destination only. This website has not been independently reviewed as evidence in this file.

  • Provider disclosure: Pepperstone: Provider legal disclosure · Pepperstone

    Checked 2026-10-23 · Scope: UK provider legal page identifies Pepperstone Limited and FCA registration number 684312.

Last material update: Not recorded

Methodology: FXBrokerAlert research methodology. Publication dates are not inferred from unrelated profile checks.