Pip Bulletin

2026-10-05

No. 01 Lead story

OCT 03, 2026

Pepperstone Razor vs Standard Account: All-In Cost in Pips

Razor adds 0.70 pips a lot on MT4/5, 0.60 on cTrader. Standard adds a markup Pepperstone's EU pages give as 1 pip or a 0.6 minimum. Both priced.

Costs Pepperstone Platforms Spreads 3 min read Read the story

Helio vs TradeLocker: The Platform Bill, Per Account

Two broker-facing platforms' bills, one published and one reported, get converted to a common unit. One published price card works out at $5.00 per live account per month, the other's reported entry tier at $3.93 — and then the two definitions of an active account turn out not to match.

Reviews Platforms Costs Brokers 6 min read

iFOREX, Reviewed

A London-listed parent, a British Virgin Islands onboarding entity, and a published cost page with no numbers on it. The disclosure is the story, and the August guidance cut is where the red pen lands.

Reviews iFOREX Brokers 6 min read

IC Markets, Reviewed

The raw-spread specialist, audited on its own published numbers. The pricing story holds up under conversion; the entity structure and the support desk are where the red pen goes.

Reviews IC Markets Brokers 6 min read

Spread Transparency, 2026 Edition

More brokers than ever publish average spreads and commission schedules side by side. The number that matters is still the one nobody prints: the all-in cost, in pips.

News Spreads Costs 2 min read

Pepperstone, Reviewed

Two account types, a published commission schedule, and a serious regulatory footprint — audited to the pip. The pricing adds up; the platform catalogue is where the costs hide.

Reviews Pepperstone Brokers 6 min read

About Pip Bulletin

Pip Bulletin — Brokers, priced to the pip. Every story indexed, numbered, and timestamped.

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