Pepperstone vs Varianse: Which broker has the better ECN account? | Forex Factory

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Pepperstone vs Varianse: Which broker has the better ECN account?

  • #1
  • First Post: Jul 8, 2025 10:20am Jul 8, 2025 10:20am
Hi Everyone,

I am currently comparing Varianse and Pepperstone for ECN trading and would really appreciate some feedback from those who’ve used either.
I’m mainly focused on:

  1. Execution speed during volatile sessions
  2. Spread consistency on majors
  3. Withdrawal speed and ease
  4. Overall trading experience

I’ve tested both briefly but wanted to hear real trader feedback. So far, Varianse seems promising in terms of low latency and support, but Pepperstone has more brand visibility.
If you've scaled up with either broker or faced issues worth knowing, I’d love to hear your experience.

  • #2
  • Jul 8, 2025 9:34pm Jul 8, 2025 9:34pm
Hi Steve,
Pepperstone user here for over 10 years, Predominantly scalping. No issues as far as I'm concerned. Read some complaints regards slippage but never posed an issue for me. No problem scaling up. No issues regarding execution speed during volatile sessions but note I don't trade during news releases. Never had issues regarding withdrawals. If request lodged AM AEST withdrawal generally lands in Bank acct close of business that day.

Appreciate the heads up on Varianse. Always looking for additional brokers. How has your experience been with them?
  • #3
  • Jul 9, 2025 8:19am Jul 9, 2025 8:19am
Quoting Steveperry
Hi Everyone, I am currently comparing Varianse and Pepperstone for ECN trading and would really appreciate some feedback from those who’ve used either. I’m mainly focused on: Execution speed during volatile sessions Spread consistency on majors Withdrawal speed and ease Overall trading experience I’ve tested both briefly but wanted to hear real trader feedback. So far, Varianse seems promising in terms of low latency and support, but Pepperstone has more brand visibility. If you've scaled up with either broker or faced issues worth knowing, I’d...
I think that Pepperstone is generally safer and more consistent for ECN trading, especially if you trade around news or want peace of mind. Varianse might offer some perks, but it’s still building its track record.

Hope this helps you decide!
  • #4
  • Jul 9, 2025 9:34am Jul 9, 2025 9:34am
Hi Dwn,
Thanks for sharing your experience it's really helpful to hear from someone who been with pepperstone that long. Out of my curiosity, which account type you are using? I used them before but personally found the slippage a bit frustrating. Currently, I am using Varianse for couple of years now so far the execution was noticeably sharper even during new events, slippage has been minimal and crypto withdrawals in most cases came same business day in my wallet. Still keeping my open mind but varainse has holded well in my experience so far.
  • #5
  • Jul 10, 2025 12:46am Jul 10, 2025 12:46am
Quoting Steveperry
Hi Dwn, Thanks for sharing your experience it's really helpful to hear from someone who been with pepperstone that long. Out of my curiosity, which account type you are using? I used them before but personally found the slippage a bit frustrating. Currently, I am using Varianse for couple of years now so far the execution was noticeably sharper even during new events, slippage has been minimal and crypto withdrawals in most cases came same business day in my wallet. Still keeping my open mind but varainse has holded well in my experience so far....
No worries. I'm using Razor. As mentioned, I had heard stories of slippage issues, probably around a couple years ago from memory. I'm not trading big size with them ( 5 lots ) so maybe that has/had a bearing as regards this possible issue. Thanks for the feedback on Varianse. Will explore further. Best of luck to you with your trading.
  • #6
  • Jul 14, 2025 6:45am Jul 14, 2025 6:45am
I think I am eligible to answer this question. I traded with both broker so happy to share my experience. Pepperstone is definitely more well known and offer a good overall experience for all style trader. The platform is good. I didn't faced any major issues. I noticed occasional slippage during volatile sessions, which can be frustrating sometime if you are scalping or trading news event. I also tried Varianse for more than 2 years and I found their execution speed is excellent especially during major news event. The spreads on major pairs are tight and withdrawals are also fast but there's some fees and their customer support is fine.
  • #7
  • Last Post: Jul 21, 2025 5:43am Jul 21, 2025 5:43am
Both brokers are well-known. It depends on your location and trading style which one suits you better. I’ve tried both. I had accounts with Varianse and Pepperstone and traded with both of them. Varianse offered better execution for me, and I didn’t experience any slippage issue. They have a good ECN account suitable for experienced traders. On the other hand, I had some issues with slippage on Pepperstone, but overall, their charges are reasonable.
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