Quick answer
This is not a winner ranking. The current files link an FCA register match for IG Markets Limited and Pepperstone Limited. Those entity-specific entries do not prove the contracting entity for a particular user; commercial terms and regional eligibility remain unverified.
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: 6 minutes
Evidence snapshot
| Evidence field | IG | Pepperstone |
|---|---|---|
| Official register matches |
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| Provider disclosures |
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| External review reference | 8.5 / 10 · third-party reference3 source(s) · checked 2026-10-28 | 8.9 / 10 · third-party reference3 source(s) · checked 2026-10-28 |
| FXBrokerAlert Evidence Rating | Not issued | Not issued |
| Fees, leverage, deposit, platform and withdrawals | Not independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal terms | Not independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal terms |
| FXBrokerAlert-submitted reviews | 0 submitted | 0 submitted |
Entity records are limited to their cited source and jurisdiction. No winner, safety ranking or endorsement is implied.
This comparison is narrower than a “which broker is better?” page. It reviews recorded entity evidence and identifies what would be needed for a fair, jurisdiction-specific comparison.
What is recorded for the two names
The IG file cites an FCA entry for IG Markets Limited, and the Pepperstone file cites one for Pepperstone Limited. The linked records are for those companies only. They do not extend to every affiliate or determine which entity would contract with a person.
Permission and client assignment still matter
Read activity permissions and conditions, then compare them with the product and client category. The proposed client agreement is the place to confirm the actual counterparty.
What this dataset cannot compare yet
- A like-for-like cost scenario covering spread, commission and financing.
- Current leverage, deposit, platform and funding terms by location.
- Withdrawal timing or client experience from independently verified records.
- Eligibility for the cited UK entity for a particular user.
Open the IG research file
Open the Pepperstone research file
Research limitations
The comparison covers cited UK entity records only where stated. It does not establish account assignment, all group permissions or current account conditions.
Frequently asked questions
Does the FCA record mean every account is UK-regulated?
No. The cited entries are for named UK entities. A user may be assigned another company depending on residence and onboarding.
Does this compare current spreads?
No. Comparable current schedules for the relevant entity and account have not been independently verified.
Can I choose a broker from this page?
This page provides source context, not a recommendation. Confirm the entity and terms that would apply to you.
Not advice
Official sources & research notes
Official sources
Regulator register: IG: FCA official register / search · Regulator
Checked 2026-10-29 · Scope: The FCA record lists IG Markets Limited, FRN 195355, as authorised for specific activities and product types; this capture is dated 29 October 2026 and was not refreshed on 30 October. The separate FCA warning published 19 October 2018 names ig.com as the genuine firm’s website; current register status and permissions were not freshly extracted in the final gap check.
Regulator register: IG: FCA warning — genuine IG firm details · Regulator
Checked 2026-10-30 · Scope: Published 19 October 2018. The FCA notice identifies IG Markets Limited, FRN 195355, and http://www.ig.com/ as the genuine firm’s details. This supports the historical entity/domain link, not current permissions or client-specific routing.
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: IG: Official broker website · IG
Checked date not recorded · Scope: Official website destination only. This website has not been independently reviewed as evidence in this file.
Provider disclosure: IG: Provider legal disclosure · IG
Checked 2026-10-23 · Scope: UK provider disclosure identifies IG Markets Ltd and gives FCA Register number 195355.
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.