Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: FxPro Raw+vs Pepperstone Standard

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

View Comparison Table ↓Compare Other Accounts
ACCOUNT OVERVIEW

What Makes FxPro Raw+ 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.

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 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.

FxPro
Raw+
Pepperstone
Standard

01 — Basic Account Information

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

Broker

FxPro
FxPro
Pepperstone
Pepperstone

Account Name

FxPro
Raw+
Pepperstone
Standard

Account Type

FxPro
raw
Pepperstone
standard

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
0.6 - 1.2

Minimum Recorded Spread

Based on the available account information.

FxPro
0
Pepperstone
0.6

Average Recorded Spread

FxPro
0.2
Pepperstone
1

Advertised Commission

FxPro
Not specified
Pepperstone
$0

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
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

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

Standard

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 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

  • ✓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

  • ✓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

  • !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

  • !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?

  • •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?

  • •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

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

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 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 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 FxPro Raw+ 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 FxPro Raw+ is $100, 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 FxPro Raw+ vs Pepperstone Standard

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

What is the difference between FxPro Raw+ and Pepperstone Standard?+
The recorded spread for FxPro Raw+ 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 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 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.

View FxPro Raw+ →View Pepperstone Standard →
Compare Two Other Accounts →