Pepperstone

Pepperstone is an online brokerage firm founded in 2010 in Melbourne, Australia, and is part of the Pepperstone Group.

Pepperstone offers CFD (Contract For Difference) trading on Forex (Foreign Exchange) pairs, commodities, indices, currency indices, cryptocurrencies, shares and ETFs. Pepperstone is a globally award-winning company dedicated to providing trading services on plenty of account types and trading platforms, catering to both novice and experienced traders.

The Pepperstone brand operates globally, accessible in many countries, albeit with certain regional restrictions.

Is Pepperstone Regulated? Legit? Safe?

Yes, Pepperstone Group is regulated by FCA (684312), ASIC (414530), DFSA (F004356), CySEC (388/20), BaFin (151148), SCB (SIA-F217), and CMA (128).

The Pepperstone Group entities with the licenses obtained across all their entities from the regulatory bodies around the world, can be found below:

What platforms does Pepperstone offer?

The Pepperstone’s trading platforms are listed below:

• MetaTrader 4 (MT4), available as webtrader, desktop and mobile
• MetaTrader 5 (MT5), available as webtrader, desktop and mobile
• cTrader, available as webtrader, desktop and mobile
• Tradingview, available as a webtrader

Pepperstone provides the most common orders for risk management on all trading platforms such as: stop losses, take profit, limit orders, and trailing stops.

Each platform features a comprehensive set of indicators, charting tools, and analytical functions to assist traders in making informed decisions based on technical analysis and fundamental analysis.

What are the Pepperstone account types?

Pepperstone provides a variety of account types to suit the needs of any trader. The Pepperstone account types can be found in this table below:

For whom are account types suitable?

• Pepperstone standard account: Best for beginning traders
• Pepperstone Razor account: Best for scalpers and algo traders
• Pepperstone Spread Betting account: Best for UK traders
• Pepperstone MAM/PAMM account: Best for trading under fund managers
• Pepperstone Islamic account: best for Muslim traders
• Pepperstone Professional account: Best for pro traders

What are the fees on Pepperstone?

The fees and commissions charged by Pepperstone are listed below:

• Spreads: Spread on Pepperstone starts from 0 pips on the Razor account. Other accounts charge higher spreads from 1 pip on the Standard account.
• Volume-based commissions: $7/lot round turn commission on Forex trading when using the Pepperstone Razor account.
• Overnight fees: Pepperstone does charge an overnight fee unless you have a Islamic swap-free account.
• Inactivity fees: Pepperstone does not charge any inactivity fee.

Pepperstone trading spreads and commissions

The Pepperstone average cost per trade is $8,54, calculated as an average across all Pepperstone account types (14,55% cheaper than the average cost per trade industry standard of $10), considering a 1 lot volume trade on the EUR/USD Forex pair.

The cheapest account on Pepperstone is the Razor account with average spreads of 0.09 pips on the EUR/USD Forex pair and $7/lot round turn commission which is in line with the standard industry commission of $7/lot. The cost per trade on the Razor account is $7.09 on average.

The Pepperstone Standard account has average spreads of 1 pip on the EUR/USD Forex pair with no attached trading volume commission. The cost per trade on the Standard account is $10 on average.

What is the Pepperstone minimum deposit?

The Pepperstone minimum deposit is $0 for all clients, though the broker recommends an amount of $200 to start.

What are the Pepperstone deposit and withdrawal methods?

Pepperstone offers a variety of options for deposits and withdrawals, such as bank wire transfers, credit and debit card transactions (including Visa and Mastercard), ewallets like Neteller and Skrill, and various other localised methods.

Are there bonuses or promotional offers on Pepperstone?

No, Pepperstone does not offer any bonus or promotional offer to its traders.

Keep in mind that bonus and promotional offers may apply only under the regulation of the SCB (Securities Commission of The Bahamas), the CMA (Capital Markets Authority) in Kenya and the DFSA (Dubai Financial Services Authority).

What assets can you trade on Pepperstone?

On Pepperstone you can trade over 1200 CFD (Contract For Difference) assets in different markets such as Forex, commodities, indices, currency indices, cryptocurrencies, shares, and ETFs.

Some assets are unavailable for trading, depending on the Pepperstone Group entity and the status of clients (retail or professional traders). Such is the case of cryptocurrencies that are unavailable for retail traders residing in the EU, UK and Australia.

Is Pepperstone good for scalping?

Yes, Pepperstone is good for scalping.

The Pepperstone Razor account features raw spreads from 0 pips (average spread on EUR/USD is 0.09 pips) and a trading volume commission of $7/lot round turn. They also offer fast execution times of 30ms and the option to automate trades with Expert Advisors (EAs).

In Which Countries is Pepperstone not Available?

Pepperstone does not accept traders from the following countries: Belgium, Canada, United States, Democratic Republic of Congo, Eritrea, Ivory Coast, Liberia, Libya, Somalia, Sudan, Zimbabwe, DPR Korea, Iran, Iraq, Lebanon, Myanmar, Japan, Syria, New Zealand.

What are the Pepperstone key features?

The key features and main characteristics of Pepperstone are listed below:

• CFD and Forex trading: Pepperstone is a CFD broker. Here you can trade around 1200 CFDs as Forex pairs, commodities, indices, currency indices, cryptocurrencies, shares and ETFs. Spreads on Forex start from 0 pips depending on account type.
• Raw spreads: Pepperstone offers raw spreads on their Razor Account. This account offers spreads from 0 pips (0.09 pips on average on EUR/USD) and charges a trading volume commission of $7/lot round turn.
• VPS Hosting: Pepperstone offers VPS services through ForexVPS and New York City Servers. You have a 25% discount for any VPS plan by joining Pepperstone. For more information on the Pepperstone VPS plans, have a look at our dedicated article.
• Active Trader Program: Professional traders on Pepperstone can join this program to get rebates on each trade and discount on spreads and trading volume commissions.
• Premium client service: High-volume traders (at least $15 millions in volume over the last 2 quarters) can access several benefits including priority access to customer support, an invitation to Pepperstone Premium Events, enhanced trading tools and detailed market insights.
• Spread betting: exclusive to traders in the UK and Ireland offering an average EUR/USD spread of 0.70 pips and is available with all the Pepperstone trading platforms.