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Broker Comparison

Pepperstone vs QRS Markets

Side-by-side comparison of Pepperstone and QRS Markets on every dimension professional traders care about — from fees and leverage to regulators, scalping rules, and EA support. Updated May 2026.

Reviewed & ranked byTradingEdge IC License — Investment Consultant (Thai SEC) Strategic Partner of Top-Tier Brokers
Published April 1, 2026·Last updated May 3, 2026·See our review methodology
winner
PP
Pepperstone
4.7 · Melbourne, Australia

Pepperstone is an Australian broker founded in 2010 in Melbourne, specialised in ECN execution and the favourite of algo / scalping traders. Multiple Tier-1 licenses (FCA + ASIC + DFSA + CySEC).

$8.2/lotSpread 0p1:500
QR
QRS Markets
3.9 · Saint Vincent & the Grenadines

QRS Markets is a newer broker focused on Thai market needs — fast deposit/withdrawal via True Wallet and PromptPay, plus daily auto-credited rebates.

$8/lotSpread 0.2p1:500
Verdict

Pepperstone wins 8/13 categories — the better all-round choice.

Pepperstone: 8 · QRS Markets: 0 · tied: 5
FieldPepperstoneQRS Markets
Rebate per lot$8.20 / lot$8 / lot
Spread from0 pips0.2 pips
Execution speed30 ms100 ms
Max leverage1:5001:500
Min deposit$0$50
User rating4.7 / 5 (3,210)3.9 / 5 (320)
Trust score9.08 / 106.80 / 10
Execution typeECN / DMA AggregationSTP
Liquidity providers22+5+
RegulatorsASIC (AU) #414530 · FCA (UK) #684312 · CySEC (CY) #388/20VFSC (Vanuatu)
PlatformsMT4 · MT5 · cTrader · TradingView · Pepperstone MobileMT4 · MT5
Payout frequencyรายวันรายวัน
Withdrawal time1 วันทำการ24 ชม.
Swap-free / Islamic
Scalping allowed
EA / algo allowed
Negative balance protection
Strengths of Pepperstone
  • Sub-30ms ECN execution
  • 4 Tier-1 licenses (FCA, ASIC, DFSA, CySEC)
  • Razor spread close to 0.0
  • cTrader / MT4 / MT5 all supported
  • $7/lot commission for Razor
  • No deposit bonus
Strengths of QRS Markets
  • Optimised for Thai traders
  • Fast Thai-bank deposits
  • Thai-language support
  • Daily rebates
  • Newer brand
  • Limited regulatory footprint

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