Account One01
Raw Spread
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$200
Detailed Trading Account Comparison
Trading Account Comparison: IC Markets Raw Spreadvs Pepperstone Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
Standard
Advertised Spread
0.6 - 1.2
Commission
$0
Minimum Deposit
$10
ACCOUNT OVERVIEW
What Makes IC Markets 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.
IC Markets Raw Spread
The IC Markets Raw Spread account is categorized by Broker Alarab for scalpers and uses tight-spread pricing with a separate commission. Spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $200 and orders use Market Execution. Its key use case is therefore evaluating frequent-trading costs and comparing them directly with Standard and the other Raw options.
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.
IC Markets
Raw Spread
Pepperstone
Standard
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
IC Markets
IC Markets
Pepperstone
Pepperstone
Account Name
IC Markets
Raw Spread
Pepperstone
Standard
Account Type
IC Markets
raw
Pepperstone
standard
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
IC Markets
ASIC | CySEC | FSA | SCB
Pepperstone
ASIC | FCA | CySEC | DFSA | SCB
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
IC Markets
0.0 - 0.3
Pepperstone
0.6 - 1.2
Minimum Recorded Spread
Based on the available account information.
IC Markets
0
Pepperstone
0.6
Average Recorded Spread
IC Markets
0.1
Pepperstone
1
Advertised Commission
IC Markets
Not specified
Pepperstone
$0
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
IC Markets
$200
Pepperstone
$10
Order Execution Method
IC Markets
Market Execution
Pepperstone
Market Execution
Trading Platforms
Available platforms may differ by account type.
IC Markets
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.
IC Markets
Not classified in this category
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
IC Markets
ASIC | CySEC | FSA | SCB
Pepperstone
ASIC | FCA | CySEC | DFSA | SCB
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
IC Markets
1:500
Pepperstone
1:500
Open a Trading Account
IC Markets
Open Account ↗Pepperstone
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | IC Markets Raw Spread | Pepperstone Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | IC Markets | Pepperstone |
| Account Name | Raw Spread | Standard |
| Account Type | raw | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | ASIC | CySEC | FSA | SCB | ASIC | FCA | CySEC | DFSA | SCB |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.3 | 0.6 - 1.2 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0.6 |
| Average Recorded Spread | 0.1 | 1 |
| Advertised Commission | Not specified | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $200 | $10 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | cTrader | TradingView | 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. | Not classified in this category | 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 | ASIC | CySEC | FSA | SCB | ASIC | FCA | CySEC | DFSA | SCB |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:500 | 1:500 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
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.
IC Markets
Raw Spread
Pepperstone
Standard
Broker Alarab's Assessment
We see IC Markets Raw Spread as an account to evaluate for scalping and spread-sensitive trading rather than automatically assuming it is cheaper than Standard. Its 0.0–0.3 pip range is tight, but the $7-per-lot commission matters, particularly with frequent trading. The most useful approach is to calculate spread and commission together and compare the result directly with Standard pricing.
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
- ✓Categorized for scalping in our account data
- ✓Clear pricing model combining tight spreads with a defined commission
- ✓Minimum deposit is $200
- ✓Provides a tight-spread alternative to the Standard account
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
- !Commission is $7 per lot according to our data
- !A spread starting at 0.0 does not mean cost-free trading
- !Frequent trading makes cumulative commission an important factor to calculate
- !Other Raw accounts in our table have different commissions and should be compared
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?
- •Scalpers who place particular importance on tight spreads
- •Traders making a larger number of entries and exits
- •Users who prefer Raw pricing and include commission in each trade-cost calculation
- •Traders who want to compare Raw Spread directly with Standard
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
Is the IC Markets Raw Spread Account Good for Scalping?
Broker Alarab categorizes Raw Spread for scalping, and spreads range from 0.0–0.3 pips in our data. This can be relevant to a strategy involving frequent entries and exits and potentially smaller targeted price movements. The account also carries a $7-per-lot commission, however, so costs can accumulate as transaction count and volume rise. Scalpers should therefore calculate total cost at their expected trading volume rather than choosing the account solely because of its tight spread range.
IC Markets Raw Spread vs Standard: Which Is Better?
According to Broker Alarab data, Standard uses 0.8–1.0 pip spreads with no separate commission, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both carry a $200 minimum deposit and Market Execution. Standard provides a simpler pricing structure, while Raw Spread reduces the spread in exchange for commission. The more suitable account therefore changes with lot size, trading frequency and how sensitive the strategy is to spread.
How Should You Calculate IC Markets Raw Spread Costs?
A common mistake is to look at a spread starting from 0.0 pips and treat that figure as the complete measure of cost. In our data, the $7-per-lot commission must be considered alongside the actual spread at execution. Traders operating at greater volume or frequency should monitor cumulative costs and compare them with what they might pay through the Standard spread or the commissions on other Raw accounts. This makes the comparison relevant to real account usage.
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 IC Markets Raw Spread account
Raw Spread commission is $7 per lot in our data
Broker Alarab data lists a $7-per-lot commission. The account should therefore be evaluated using total trading cost rather than its tight spread alone.
Scalping makes repeated transaction costs important
Because we categorize the account for scalping, traders should consider how spread and commission can accumulate as the number of transactions and total lots increase.
Raw Spread and Standard have the same minimum deposit in our data
Both accounts carry a $200 minimum, so comparison should focus on pricing structure and trading style rather than the entry requirement.
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.
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 IC Markets 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 IC Markets 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 IC Markets Raw Spread vs Pepperstone Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between IC Markets Raw Spread and Pepperstone Standard?+
The recorded spread for IC Markets 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 IC Markets Raw Spread account?+
The IC Markets Raw Spread 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 $200 and orders use Market Execution. It differs from Standard by using tighter spreads in exchange for a separate per-lot commission.
What is the IC Markets Raw Spread spread and commission?+
According to Broker Alarab data, IC Markets Raw Spread spreads range from 0.0–0.3 pips and commission is $7 per lot. A spread starting at 0.0 does not mean the transaction is cost-free because commission is a direct component of the pricing model. This is particularly important for scalping and frequent trading, where transaction costs can accumulate.
What is the IC Markets Raw Spread minimum deposit?+
The IC Markets Raw Spread minimum deposit listed in Broker Alarab data is $200. This matches the minimum listed for Standard and the other IC Markets accounts currently in our table. The figure represents the account requirement rather than a recommendation for suitable trading capital or risk.
What is the difference between IC Markets Raw Spread and Standard?+
According to our data, Raw Spread uses 0.0–0.3 pip spreads with a $7-per-lot commission, while Standard uses 0.8–1.0 pip spreads with no separate commission. Both start at $200 and use Market Execution. Raw Spread is categorized for scalpers, while Standard is categorized for beginners, making total cost and trading style central to the comparison.
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.