Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: FxPro Raw+vs Pepperstone Razor

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 FxPro Raw+ Different from Pepperstone Razor?

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.

FxPro Raw+

The FxPro Raw+ account is a tight-spread option within the FxPro account lineup and is categorized by Broker Alarab for beginners. Spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $100 and orders use Market Execution. This makes Raw+ particularly relevant to traders researching FxPro Raw pricing or comparing Raw+ directly with the commission-free Standard account.

Pepperstone Razor

The Pepperstone Razor account is the broker’s tight-spread option and is categorized by Broker Alarab for scalping. Spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $10 and orders use Market Execution. Razor therefore makes spread and commission central to the decision for active traders comparing it with the commission-free Standard account.

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.

FxPro
Raw+
Pepperstone
Razor

01 — Basic Account Information

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

Broker

FxPro
FxPro
Pepperstone
Pepperstone

Account Name

FxPro
Raw+
Pepperstone
Razor

Account Type

FxPro
raw
Pepperstone
raw

Broker Regulatory Licenses

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

FxPro
FCA | CySEC | SCB | FSCA
Pepperstone
ASIC | FCA | CySEC | DFSA | SCB

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

FxPro
0.0 – 0.3
Pepperstone
0.0 - 0.3

Minimum Recorded Spread

Based on the available account information.

FxPro
0
Pepperstone
0

Average Recorded Spread

FxPro
0.2
Pepperstone
0.1

Advertised Commission

FxPro
Not specified
Pepperstone
Not specified

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

FxPro
$100
Pepperstone
$10

Order Execution Method

FxPro
Market Execution
Pepperstone
Market Execution

Trading Platforms

Available platforms may differ by account type.

FxPro
MT4 | MT5 | cTrader | TradingView
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.

FxPro
Classified as suitable for scalping
Pepperstone
Classified as suitable for scalping

05 — Broker Information and Regulation

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

Listed Regulatory Licenses

FxPro
FCA | CySEC | SCB | FSCA
Pepperstone
ASIC | FCA | CySEC | DFSA | SCB

Broker Maximum Leverage

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

FxPro
1:400
Pepperstone
1:500

Open a Trading Account

FxPro
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.

FxPro logo

FxPro

Raw+

Pepperstone logo

Pepperstone

Razor

Broker Alarab's Assessment

We see FxPro Raw+ as a clear option for traders who place greater importance on tight spreads and accept a separate commission. Its 0.0–0.3 pip range differentiates it clearly from Standard, but the $7-per-lot commission should not be overlooked. Raw+ is best evaluated by calculating total cost and comparing it with Standard at the trader’s actual volume and frequency.

Broker Alarab's Assessment

We see Pepperstone Razor as more relevant to traders who prioritize tight spreads and accept a separate commission, particularly for scalping. Its 0.0–0.3 pip range is attractive from a pricing perspective, but the $7-per-lot commission must be included in every cost comparison. Razor should not automatically be considered cheaper than Standard; suitability depends on volume and trading frequency.

Account Advantages

  • ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
  • ✓Significantly tighter spread range than the Standard account in our data
  • ✓Minimum deposit is $100 in our database
  • ✓Categorized for beginners within our FxPro account data
  • ✓Provides a clear Raw pricing model for traders who prefer tighter spreads with a separate commission

Account Advantages

  • ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
  • ✓Categorized for scalping within our account data
  • ✓Minimum deposit is just $10 in our data
  • ✓Spread range is tighter than the Standard account listed in our database
  • ✓Clear Raw-style pricing for traders who prefer tighter spreads with a separate commission

Disadvantages and Considerations

  • !Carries a separate $7-per-lot commission
  • !A spread starting at 0.0 does not mean zero trading cost
  • !Beginners need to understand how spread and commission combine when calculating costs
  • !It cannot automatically be considered cheaper than Standard without considering trading volume and frequency

Disadvantages and Considerations

  • !Carries a $7-per-lot trading commission
  • !A spread starting at 0.0 does not mean the transaction has no cost
  • !Frequent trading can make cumulative commission an important cost factor
  • !Beginners need to understand how spread and commission combine before comparing Razor with Standard

Who Is This Account Suitable For?

  • •Beginners who want to understand and use a tight-spread Raw pricing model
  • •Traders who prioritize a tighter spread range
  • •Users who prefer paying a separate commission in exchange for reducing the spread component
  • •Traders comparing FxPro Raw+ with Standard using total trading cost

Who Is This Account Suitable For?

  • •Scalpers who place a high priority on tight spreads
  • •Active traders making frequent entries and exits
  • •Traders who prefer tight-spread pricing with a separate commission
  • •Users who calculate complete transaction cost using lot size and trading frequency

Detailed Account Analysis

FxPro Raw+ vs Standard: Which Account Fits Your Trading Style?

According to Broker Alarab data, Raw+ uses 0.0–0.3 pip spreads with a $7-per-lot commission, while Standard uses a 1.2–1.5 pip range without a separate commission. Both accounts start at $100 and use Market Execution. The comparison is therefore not simply between an expensive and inexpensive account but between two different pricing models. Traders should estimate spread and commission effects at their expected lot size and transaction frequency to determine which structure better fits their activity.

Does the FxPro Raw+ Spread Starting at 0.0 Mean Zero Trading Cost?

No. According to Broker Alarab data, the Raw+ spread range starts at 0.0 and extends to 0.3 pips, but the account carries a $7-per-lot commission. The minimum spread should therefore not be used alone as a measure of trading cost. Effective cost depends on the spread at execution together with commission linked to trade size. This distinction is particularly important when comparing Raw+ with Standard, which has no separate commission in our data.

Is the FxPro Raw+ Account Good for Beginners?

Broker Alarab categorizes Raw+ for beginners in our account data, but new traders need to understand the pricing model before choosing it. Unlike Standard, where cost is placed primarily within the spread, Raw+ separates pricing into a tighter spread and a separate commission. The structure is straightforward once understood, but it requires traders to evaluate complete transaction cost rather than focusing on spread alone. Beginners can therefore compare the accounts using expected transaction frequency and lot size.

Detailed Account Analysis

Is the Pepperstone Razor Account Good for Scalping?

Broker Alarab categorizes Razor for scalping, and spreads range from 0.0–0.3 pips in our data. This range is relevant to traders whose strategies involve frequent entries and exits because pricing differences can affect a larger number of transactions. The account also carries a $7-per-lot commission, so scalpers need to include commission in repeated trading costs. The most useful evaluation uses expected lots and transaction frequency rather than relying on the tight spread alone.

Pepperstone Razor vs Standard: How Do Trading Costs Differ?

According to Broker Alarab data, Razor uses 0.0–0.3 pip spreads with a $7-per-lot commission, while Standard uses 0.6–1.2 pip spreads without a separate commission. Both start with a $10 minimum deposit and use Market Execution. Neither therefore has an entry-requirement advantage in our data. Razor reduces the spread component but adds commission, while Standard places more of the cost within the spread. The more suitable account depends on the total cost generated by the trader’s activity.

How Should You Calculate Pepperstone Razor Trading Costs?

Looking only at a spread that starts from 0.0 pips does not provide a complete picture of Razor pricing. According to our data, the $7-per-lot commission needs to be considered alongside the actual spread when a transaction is executed. As total traded lots increase, cumulative commission becomes increasingly important. Traders can therefore make a more meaningful comparison by estimating Razor and Standard costs at the same trading volume instead of treating spread and commission as unrelated figures.

Important details about the FxPro Raw+ account

Raw+ commission is listed at $7 per lot in our data

Broker Alarab data lists a $7-per-lot commission for Raw+. Commission should therefore be combined with the spread effect when calculating total trading cost.

The 0.0–0.3 pip range is not the complete cost

The ability for spreads to reach 0.0 does not mean a transaction is cost-free because the separate commission remains part of the account pricing model.

Raw+ and Standard both start at $100 in our data

Since the minimum deposit is the same for both accounts, comparison should focus more heavily on spread, commission, trading volume and transaction frequency.

Important details about the Pepperstone Razor account

Razor commission is listed at $7 per lot in our data

Broker Alarab data lists a $7-per-lot commission for the account. Commission should therefore be combined with the spread effect when calculating total trading cost.

A spread starting at 0.0 does not mean zero cost

Spreads range from 0.0–0.3 pips in our data, but commission remains a direct component of pricing even when the spread is at the lower end of the range.

Razor and Standard have the same minimum deposit in our data

Both accounts start at $10, making spread, commission and trading frequency more meaningful comparison factors than the deposit 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 FxPro Raw+ is 0.0 – 0.3, while Pepperstone Razor shows 0.0 - 0.3. 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 FxPro Raw+ is $100, compared with $10 for Pepperstone Razor. 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 FxPro Raw+ vs Pepperstone Razor

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

What is the difference between FxPro Raw+ and Pepperstone Razor?+
The recorded spread for FxPro Raw+ is 0.0 – 0.3, compared with 0.0 - 0.3 for Pepperstone Razor. The advertised commissions are Not specified and Not specified, 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 FxPro Raw+ account?+
The FxPro Raw+ account is a tight-spread account categorized by Broker Alarab for beginners. According to our data, spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $100 and orders use Market Execution. It differs from Standard by using tighter spreads in exchange for a separate per-lot commission.
What is the FxPro Raw+ spread and commission?+
According to Broker Alarab data, FxPro Raw+ spreads range from 0.0–0.3 pips and commission is $7 per lot. A spread starting at 0.0 does not mean trading is cost-free because commission remains a direct transaction cost. Spread and commission should therefore be evaluated together when comparing Raw+ with the other FxPro account types.
What is the FxPro Raw+ minimum deposit?+
The FxPro Raw+ minimum deposit listed in Broker Alarab data is $100. This matches the minimum stored for Standard and the other FxPro accounts in our table. The figure represents an account requirement in our database rather than a recommendation for suitable trading capital.
What is the difference between FxPro Raw+ and Standard?+
According to our data, Raw+ uses 0.0–0.3 pip spreads with a $7-per-lot commission, while Standard uses 1.2–1.5 pip spreads without a separate commission. Both start at $100 and use Market Execution. Raw+ focuses on reducing the spread in exchange for commission, while Standard provides a simpler pricing structure based more heavily on the spread.
What is the Pepperstone Razor account?+
The Pepperstone Razor account is a tight-spread account categorized by Broker Alarab for scalping. According to our data, spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $10 and orders use Market Execution. It differs from Standard by using tighter spreads in exchange for a separate per-lot commission.
What is the Pepperstone Razor spread and commission?+
According to Broker Alarab data, Pepperstone Razor spreads range from 0.0–0.3 pips and commission is $7 per lot. The ability for spreads to reach 0.0 does not mean trading is cost-free because commission remains a direct transaction cost. This is particularly relevant to scalpers and traders executing a larger number of transactions.

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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