{"id":5613,"date":"2026-06-01T09:00:00","date_gmt":"2026-06-01T02:00:00","guid":{"rendered":"https:\/\/brokerth.com\/?p=5613"},"modified":"2026-06-01T09:00:00","modified_gmt":"2026-06-01T02:00:00","slug":"pepperstone-vs-ic-markets-may-2026-thai-traders-en","status":"publish","type":"post","link":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/","title":{"rendered":"Pepperstone vs IC Markets May 2026 \u2014 Lower Spreads for Thai Traders?"},"content":{"rendered":"<p>Pepperstone and IC Markets sit in the same competitive tier for Thai traders \u2014 both ASIC-regulated, both offering raw-spread accounts with commission-based pricing, both with mature Thai-language support. The choice between them comes down to small operational differences that matter more for active traders than occasional ones.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#Spreads_and_commissions\" >Spreads and commissions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#Execution_quality\" >Execution quality<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#Platforms_and_funding\" >Platforms and funding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#Leverage_and_entity_selection\" >Leverage and entity selection<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#Who_picks_which\" >Who picks which<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Spreads_and_commissions\"><\/span>Spreads and commissions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>IC Markets&#8217; Raw Spread account quotes EUR\/USD as low as 0.0 pips with $3.50 per side commission per standard lot ($7 round-turn). Pepperstone&#8217;s Razor account quotes EUR\/USD typically 0.05-0.1 pips with $3.50 per side ($7 round-turn). For high-frequency EUR\/USD trading, IC Markets has a slight edge. For majors outside EUR\/USD, the gap is essentially zero. For exotic pairs, Pepperstone&#8217;s spreads sometimes come in tighter, especially Asian-session crosses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Execution_quality\"><\/span>Execution quality<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Both brokers publish execution statistics \u2014 99%+ of orders filled without slippage. In practice, during the Iran-driven volatility through April-May 2026, both have held up. IC Markets uses Equinix LD5 in London and NY4 in New York; Pepperstone uses similar infrastructure with additional optimization for Asian-session liquidity. For Thai-based traders running EAs, latency from Bangkok to either is 200-250ms \u2014 negligible difference.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Platforms_and_funding\"><\/span>Platforms and funding<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Both support MT4, MT5, and cTrader. IC Markets adds TradingView integration. Pepperstone supports Capitalise.ai for code-free automation.<\/p>\n<p>Both support Thai bank transfer, Skrill, Neteller, and crypto deposits. Withdrawals back to Thai banks typically clear within 1 business day. Withdrawal processing has tightened across the industry in 2026, but both brokers remain among the faster operators.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Leverage_and_entity_selection\"><\/span>Leverage and entity selection<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Thai users typically open accounts with offshore entities (IC Markets Global, Pepperstone Bahamas) for leverage up to 1:500. The ASIC and FCA entities cap leverage at 1:30 for retail. Trade-off: offshore entities give higher leverage but weaker investor protections than Tier 1 regulators.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_picks_which\"><\/span>Who picks which<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Pepperstone: broader platform support, cTrader users, asset coverage beyond forex including indices and commodities. IC Markets: pure low-cost EUR\/USD scalping, TradingView users, slightly tighter raw spreads on majors. For most Thai retail traders, either works. The difference between them is smaller than the difference between Tier 1 brokers and offshore-only operators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Both ASIC-regulated, both offer raw-spread accounts, both have strong Thai user bases. Here&#8217;s the May 2026 head-to-head.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[31],"tags":[],"offerexpiration":[],"class_list":["post-5613","post","type-post","status-publish","format-standard","hentry","category-compare"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pepperstone vs IC Markets 2026 \u2014 Updated Comparison for Thai Traders<\/title>\n<meta name=\"description\" content=\"Both ASIC-regulated, both offer raw-spread accounts, both have strong Thai user bases. Here&#039;s the May 2026 head-to-head.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pepperstone vs IC Markets 2026 \u2014 Updated Comparison for Thai Traders\" \/>\n<meta property=\"og:description\" content=\"Both ASIC-regulated, both offer raw-spread accounts, both have strong Thai user bases. Here&#039;s the May 2026 head-to-head.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/\" \/>\n<meta property=\"og:site_name\" content=\"BrokerTH\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-01T02:00:00+00:00\" \/>\n<meta name=\"author\" content=\"BrokerTH\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BrokerTH\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/\"},\"author\":{\"name\":\"BrokerTH\",\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/#\\\/schema\\\/person\\\/a19d8339705edccda3bd93d1c87a0514\"},\"headline\":\"Pepperstone vs IC Markets May 2026 \u2014 Lower Spreads for Thai Traders?\",\"datePublished\":\"2026-06-01T02:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/\"},\"wordCount\":343,\"articleSection\":[\"Comparisons\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/\",\"url\":\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/\",\"name\":\"Pepperstone vs IC Markets 2026 \u2014 Updated Comparison for Thai Traders\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/#website\"},\"datePublished\":\"2026-06-01T02:00:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/#\\\/schema\\\/person\\\/a19d8339705edccda3bd93d1c87a0514\"},\"description\":\"Both ASIC-regulated, both offer raw-spread accounts, both have strong Thai user bases. Here's the May 2026 head-to-head.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/brokerth.com\\\/en\\\/page-6-en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pepperstone vs IC Markets May 2026 \u2014 Lower Spreads for Thai Traders?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/brokerth.com\\\/en\\\/\",\"name\":\"BrokerTH\",\"description\":\"Best Forex Broker, Crypto &amp; Investment Reviews Thailand\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/brokerth.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/brokerth.com\\\/en\\\/#\\\/schema\\\/person\\\/a19d8339705edccda3bd93d1c87a0514\",\"name\":\"BrokerTH\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e2665f7a93fa22d5423d4d68e183b01df29b95645b5a6f595231899da35b26e7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e2665f7a93fa22d5423d4d68e183b01df29b95645b5a6f595231899da35b26e7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e2665f7a93fa22d5423d4d68e183b01df29b95645b5a6f595231899da35b26e7?s=96&d=mm&r=g\",\"caption\":\"BrokerTH\"},\"sameAs\":[\"https:\\\/\\\/brokerth.com\"],\"url\":\"https:\\\/\\\/brokerth.com\\\/en\\\/author\\\/adminthbroker\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pepperstone vs IC Markets 2026 \u2014 Updated Comparison for Thai Traders","description":"Both ASIC-regulated, both offer raw-spread accounts, both have strong Thai user bases. Here's the May 2026 head-to-head.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/","og_locale":"en_US","og_type":"article","og_title":"Pepperstone vs IC Markets 2026 \u2014 Updated Comparison for Thai Traders","og_description":"Both ASIC-regulated, both offer raw-spread accounts, both have strong Thai user bases. Here's the May 2026 head-to-head.","og_url":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/","og_site_name":"BrokerTH","article_published_time":"2026-06-01T02:00:00+00:00","author":"BrokerTH","twitter_card":"summary_large_image","twitter_misc":{"Written by":"BrokerTH","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#article","isPartOf":{"@id":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/"},"author":{"name":"BrokerTH","@id":"https:\/\/brokerth.com\/en\/#\/schema\/person\/a19d8339705edccda3bd93d1c87a0514"},"headline":"Pepperstone vs IC Markets May 2026 \u2014 Lower Spreads for Thai Traders?","datePublished":"2026-06-01T02:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/"},"wordCount":343,"articleSection":["Comparisons"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/","url":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/","name":"Pepperstone vs IC Markets 2026 \u2014 Updated Comparison for Thai Traders","isPartOf":{"@id":"https:\/\/brokerth.com\/en\/#website"},"datePublished":"2026-06-01T02:00:00+00:00","author":{"@id":"https:\/\/brokerth.com\/en\/#\/schema\/person\/a19d8339705edccda3bd93d1c87a0514"},"description":"Both ASIC-regulated, both offer raw-spread accounts, both have strong Thai user bases. Here's the May 2026 head-to-head.","breadcrumb":{"@id":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/brokerth.com\/en\/pepperstone-vs-ic-markets-may-2026-thai-traders-en\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/brokerth.com\/en\/page-6-en\/"},{"@type":"ListItem","position":2,"name":"Pepperstone vs IC Markets May 2026 \u2014 Lower Spreads for Thai Traders?"}]},{"@type":"WebSite","@id":"https:\/\/brokerth.com\/en\/#website","url":"https:\/\/brokerth.com\/en\/","name":"BrokerTH","description":"Best Forex Broker, Crypto &amp; Investment Reviews Thailand","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/brokerth.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/brokerth.com\/en\/#\/schema\/person\/a19d8339705edccda3bd93d1c87a0514","name":"BrokerTH","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/e2665f7a93fa22d5423d4d68e183b01df29b95645b5a6f595231899da35b26e7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e2665f7a93fa22d5423d4d68e183b01df29b95645b5a6f595231899da35b26e7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e2665f7a93fa22d5423d4d68e183b01df29b95645b5a6f595231899da35b26e7?s=96&d=mm&r=g","caption":"BrokerTH"},"sameAs":["https:\/\/brokerth.com"],"url":"https:\/\/brokerth.com\/en\/author\/adminthbroker\/"}]}},"_links":{"self":[{"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/posts\/5613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/comments?post=5613"}],"version-history":[{"count":1,"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/posts\/5613\/revisions"}],"predecessor-version":[{"id":5797,"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/posts\/5613\/revisions\/5797"}],"wp:attachment":[{"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/media?parent=5613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/categories?post=5613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/tags?post=5613"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/brokerth.com\/en\/wp-json\/wp\/v2\/offerexpiration?post=5613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}