Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: Exness Raw Spreadvs Pepperstone Standard

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

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ACCOUNT OVERVIEW

What Makes Exness Raw Spread Different from Pepperstone Standard?

Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.

Exness Raw Spread

The Exness Raw Spread account targets traders who place a high priority on tighter spreads and are comfortable with a pricing model that includes a separate commission. Its value is better assessed through total transaction cost rather than spread alone, making it especially relevant to scalping, active trading and strategies where small differences in entry and exit costs can matter.

Pepperstone Standard

The Pepperstone Standard account is the broker’s straightforward pricing option and is categorized by Broker Alarab for beginners. Spreads range from 0.6–1.2 pips, there is no separate trading commission, the minimum deposit is $10 and orders use Market Execution. This makes Standard a natural starting point for traders comparing Pepperstone accounts and deciding between commission-free pricing and the tighter-spread Razor model.

SIDE-BY-SIDE COMPARISON

Compare Trading Accounts, Spreads, Commissions and Platforms

Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.

Exness
Raw Spread
Pepperstone
Standard

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

Exness
Exness
Pepperstone
Pepperstone

Account Name

Exness
Raw Spread
Pepperstone
Standard

Account Type

Exness
raw
Pepperstone
standard

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

Exness
FCA | CySEC | FSCA | JSC
Pepperstone
ASIC | FCA | CySEC | DFSA | SCB

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

Exness
0.0 – 0.3
Pepperstone
0.6 - 1.2

Minimum Recorded Spread

Based on the available account information.

Exness
0
Pepperstone
0.6

Average Recorded Spread

Exness
0.1
Pepperstone
1

Advertised Commission

Exness
Not specified
Pepperstone
$0

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

Exness
$200
Pepperstone
$10

Order Execution Method

Exness
Market Execution
Pepperstone
Market Execution

Trading Platforms

Available platforms may differ by account type.

Exness
MT4 | MT5
Pepperstone
MT4 | MT5 | cTrader | TradingView

04 — Account Features and Conditions

Review relevant account characteristics and trading suitability.

Scalping Suitability

An internal classification, not a guarantee of suitability.

Exness
Classified as suitable for scalping
Pepperstone
Not classified in this category

05 — Broker Information and Regulation

Broker-level information does not guarantee that every license applies to the selected account.

Listed Regulatory Licenses

Exness
FCA | CySEC | FSCA | JSC
Pepperstone
ASIC | FCA | CySEC | DFSA | SCB

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

Exness
1:2000
Pepperstone
1:500

Open a Trading Account

Exness
Open Account ↗
Pepperstone
Open Account ↗

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

EXPERT ANALYSIS

Broker Alarab's Assessment of Both Accounts

We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

Exness logo

Exness

Raw Spread

Pepperstone logo

Pepperstone

Standard

Broker Alarab's Assessment

Raw Spread is a more specialized account than Standard or Pro. We see it as suitable for traders who understand how commissions and spreads affect total costs and whose strategies benefit from lower spreads. The correct comparison should be based on the complete transaction cost rather than the spread figure alone.

Broker Alarab's Assessment

We see Pepperstone Standard as better suited to beginners who want a straightforward pricing model without a separate per-lot commission. Its $10 minimum deposit creates a low entry requirement in our data, but the more important factor is comparing its 0.6–1.2 pip spread range with Razor pricing. Standard’s main strength is simplicity rather than an assumption that it is always the lower-cost account.

Account Advantages

  • ✓Low spreads suitable for cost-sensitive strategies
  • ✓Suitable for active traders
  • ✓Can be practical for scalping strategies
  • ✓Clear pricing structure combining spreads and commissions
  • ✓Designed for more experienced traders

Account Advantages

  • ✓No separate trading commission according to Broker Alarab data
  • ✓Minimum deposit is just $10 in our data
  • ✓Categorized for beginners within our Pepperstone account data
  • ✓Simpler cost structure based primarily on the spread
  • ✓Provides a clear alternative for traders who do not want to combine spread and commission calculations as with Razor

Disadvantages and Considerations

  • !Trading commissions must be considered alongside spreads
  • !More complex than commission-free accounts
  • !Not necessarily the lowest-cost option for every instrument or strategy
  • !May not be the most suitable choice for beginners

Disadvantages and Considerations

  • !Spreads range from 0.6–1.2 pips and are wider than the Razor range in our data
  • !No separate commission does not mean trading is cost-free
  • !The effect of the spread can become more important as transaction frequency increases
  • !Spread-sensitive traders should compare Standard with Razor before choosing

Who Is This Account Suitable For?

  • •Active traders
  • •Traders using scalping strategies
  • •Those who place a high priority on low spreads
  • •Traders comfortable calculating spreads and commissions together

Who Is This Account Suitable For?

  • •Beginners looking for a Pepperstone account with straightforward pricing
  • •Traders who prefer not to pay a separate commission per lot
  • •Users who want to understand trading cost primarily through the spread
  • •Lower-frequency traders whose strategy does not depend on obtaining the tightest possible spread

Detailed Account Analysis

Raw Spread vs Standard

Raw Spread and Standard use different cost models. Standard relies on spreads without a direct trading commission, while Raw Spread aims to provide lower spreads while adding a trading commission. Standard can therefore be easier for traders who prefer simple pricing, whereas Raw Spread may become more attractive to frequent traders who genuinely benefit from lower spreads after including commission in the total transaction cost.

Raw Spread vs Pro

Pro offers a model without a direct commission and more competitive spreads than basic accounts, while Raw Spread separates more of the trading cost between the spread and commission. The choice depends on instruments, trading volume and frequency. Traders prioritizing simplicity may prefer Pro, while those highly sensitive to spread costs may favor Raw Spread after comparing the complete transaction cost under both pricing models.

Raw Spread vs Zero

Both accounts target traders focused on reducing spread-related costs, but their pricing and commissions vary by account and instrument. There is therefore no single answer that applies to every trader. A better comparison is to select the instruments normally traded and calculate both spread and commission under each account. This helps determine whether Raw Spread or Zero is more cost-efficient for the trader's actual strategy.

Detailed Account Analysis

Pepperstone Standard vs Razor: Which Account Is Better?

This is the central comparison when choosing a Pepperstone account type. According to Broker Alarab data, Standard uses 0.6–1.2 pip spreads with no separate commission, while Razor uses 0.0–0.3 pips with a $7-per-lot commission. Both accounts have a $10 minimum deposit and Market Execution, so the entry requirement does not decide the comparison. Standard offers simpler pricing, while Razor reduces the spread in exchange for commission. The better option depends on lot size, trading frequency and trading style.

Is the Pepperstone Standard Account Good for Beginners?

Broker Alarab categorizes Standard for beginners, and its pricing model is relatively easy to understand because the separate commission listed in our data is $0. Users can focus primarily on the spread when assessing entry and exit costs instead of combining two pricing components. Simpler pricing does not reduce trading risk or guarantee that Standard will always be cheaper. As a trader becomes more active, comparing effective costs with Razor becomes increasingly important.

When Could Razor Be More Suitable Than Standard?

As a strategy becomes more sensitive to spread or the number of entries and exits increases, comparing Standard with Razor becomes more important. Standard is listed at 0.6–1.2 pips in our data, while Razor is listed at 0.0–0.3 pips but adds a $7-per-lot commission. Traders should translate both the spread difference and commission into an effective cost at their expected trading volume rather than choosing solely because one account is commission-free or the other has tighter spreads.

Important details about the Exness Raw Spread account

Low spreads with a separate commission

Raw Spread separates more of the trading cost from the spread and charges it as a per-lot commission. For this reason, traders should compare the combined spread-and-commission cost rather than choosing the account based on spread alone.

Commission depends on the instrument

Exness states that Raw Spread commission can be up to USD 3.50 per lot per side on most instruments, with the exact amount depending on the instrument traded. Commission applies to both directions of the trade, so contract specifications should be checked.

Designed for more active trading

Exness positions Raw Spread for experienced traders, combining ultra-low spreads with market execution and no general limit on the number of open positions. This structure makes it relevant for scalping, active trading and spread-sensitive strategies.

Important details about the Pepperstone Standard account

Commission-free does not mean cost-free

Standard has a $0 commission in our data, but its 0.6–1.2 pip spread range remains an important transaction cost and should be included in comparisons.

The minimum deposit in our data is $10

Broker Alarab lists a $10 minimum deposit for Standard. This is an account requirement rather than a recommendation for suitable trading capital or risk.

Standard and Razor have the same minimum deposit in our data

Both accounts start at $10, making spread, commission and trading style more meaningful comparison factors than the entry requirement.

Read the Full Account Review →
Read the Full Account Review →
DECISION GUIDE

How to Choose the Right Trading Account

Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.

01

Compare Spreads and Commissions Together

The recorded spread for Exness Raw Spread is 0.0 – 0.3, while Pepperstone Standard shows 0.6 - 1.2. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.

02

Review Minimum Deposit Requirements

The recorded minimum deposit for Exness Raw Spread is $200, compared with $10 for Pepperstone Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.

03

Compare Trading Platforms and Execution

Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.

04

Verify Regulation and Eligibility

Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.

FREQUENTLY ASKED QUESTIONS

FAQs About Exness Raw Spread vs Pepperstone Standard

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between Exness Raw Spread and Pepperstone Standard?+
The recorded spread for Exness Raw Spread is 0.0 – 0.3, compared with 0.6 - 1.2 for Pepperstone Standard. The advertised commissions are Not specified and $0, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the Exness Raw Spread account and who is it suitable for?+
Exness Raw Spread is a professional account focused on providing tight spreads in exchange for a separate trading commission. This pricing structure makes it particularly relevant to active traders, scalpers and spread-sensitive strategies, although the spread and commission should always be combined when evaluating the true cost of a trade.
How much is the commission on the Exness Raw Spread account?+
The Raw Spread commission depends on the instrument traded. Exness states that commission can be up to $3.50 per lot per side on most instruments, meaning traders should consider the cost of both opening and closing a position together with the spread. The exact commission can vary by instrument.
What is the difference between Exness Raw Spread and Zero?+
Both accounts target traders who value tight spreads and both use separate commission structures, but their pricing differs by account and instrument. Zero focuses on the availability of zero spreads on eligible instruments during specified periods, while Raw Spread focuses on consistently tight raw-style pricing. The more useful comparison is the total cost on the instruments a trader actually uses.
Is the Exness Raw Spread account good for scalping?+
Raw Spread can be suitable for scalping because tighter spreads can matter when a strategy executes many trades or targets relatively small price movements. Its suitability still depends on the total cost after commission, the instrument traded, position size, market conditions and the execution requirements of the strategy.
What is the Pepperstone Standard account?+
The Pepperstone Standard account has no separate trading commission and is categorized by Broker Alarab for beginners. According to our data, spreads range from 0.6–1.2 pips, commission is $0, the minimum deposit is $10 and orders use Market Execution. It differs from Razor primarily through its pricing structure, relying on the spread rather than combining tighter spreads with a separate commission.
What is the Pepperstone Standard spread and commission?+
According to Broker Alarab data, Pepperstone Standard spreads range from 0.6–1.2 pips and there is no separate trading commission. The spread therefore represents the primary trading cost on the account. A $0 commission should not be interpreted as free trading, and the spread range should be compared with the total cost of Razor when choosing between the two accounts.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.

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