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Pepperstone Review

Pepperstone is an international, multi-asset brokerage firm, headquartered in Australia, with a principal satellite office in London. It was founded in 2010 and currently has more than 300,000 clients. This broker has risen quickly in the ranks and gained a good overall reputation with forex traders. Its name frequently appears on lists of the “Best Forex Brokers”.

Pepperstone offers clients the ability to trade in a broad range of financial markets, including forex, stocks, commodity futures, and cryptocurrencies. The highest available amount of leverage available with Pepperstone is generally 30:1, although in some circumstances it can reach as high as 500:1.

Traders have a choice of four excellent trading platforms – MT 4 and 5, cTrader, and TradingView – all of which are available in web trader, desktop, and mobile app versions.

Pepperstone’s mission statement, as related on its website, is, “Frustrated by delayed executions, expensive prices, and poor customer support, we set out to provide traders around the world with superior technology, low-cost spreads, and a genuine commitment to helping them master the trade.” The principals at Pepperstone are, themselves, experienced forex traders, so they have a solid grasp of what traders are looking for in a broker.

Pepperstone has won a number of forex trading industry awards over the years, including the following:

-Best Forex Broker 2021
-Number 1 Value for Money 2017
-Best Trading Performance Tools 2020
-Best Global Forex ECN Broker 2019
-Best Forex Trading Support 2018

Among the most attractive features with Pepperstone are tight bid and ask spreads, low trading costs, extensive trader education resources, and sophisticated trading tools.

Pepperstone rates well above average in every operational category. Particularly attractive are the trading platforms it offers, the fact that it offers trading in multiple financial markets, and good customer service.

And being a multi-regulated broker increases the safety level for doing business with Pepperstone.

74-89 % of retail investor accounts lose money when trading CFDs

Does Pepperstone offer a specific instrument?

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Typical Spread on Majors - Live info

EUR/USD 1.0
GBP/USD 1.0
USD/JPY 1.0
* STANDARD account shown.
Headquarters Melbourne, Australia
Type of Broker STP & ECN/STP
Founded 2010
Regulated By Regulated By ASIC (Australia), FCA (UK), CySEC(Cyprus), BaFIN (Germany), DFSA (United Arab Emirates), SCB (Bahamas), CMA (Kenya)
Offices In Australia, United Kingdom, Cyprus
Supported Languages English, Chinese, Vietnamese, Spanish, Thai, Arabic, Portuguese, German, French, Malaysian, Italian
ESMA Regulation ? This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account Currencies AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD
Minimum Deposit $0
Traders from USA Allowed No
Client Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Muslim Faith Only
ECN / STP Accounts Offered Yes
Commission $3.5/Lot per side (ECN Razor account)
VIP Accounts Offered No
Mini Accounts Offered No
PAMM / MAM Solutions Yes
API Trading Yes
Mobile Trading Yes
Web Trading Yes
Funding Methods Credit/Debit Cards, Wire Transfer, Skrill, Neteller, China UnionPay, Bpay, fasapay, PayPal, Mpesa, PIX, SPEI, USDT
Withdrawal Methods Credit/Debit Cards, Wire Transfer, Skrill, Neteller, China UnionPay, Bpay, fasapay, PayPal, Mpesa, PIX, SPEI, USDT
Trading Platforms MT4 (MetaTrader 4) Desktop/Web/iOS/Android, MT5 (MetaTrader 5) Desktop/Web/iOS/Android, cTrader Desktop/Web/iOS/Android, TradingView Web/iOS/Android, Pepperstone Trading Platform
No. of FX Pairs 100
Pricing Digits 5
Trading From Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
Trading Server Time GMT + 3
Demo Account Expiry 60 Days
VPS Offered Yes
Free VPS Conditions Sponsored VPS over 15-20 traded lots
Dealing Desk No
Maximum Leverage 500:1
Minimum Lot Size 0.01
Execution Type Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
OCO Orders No
FIFO Rules No
Negative Balance Protection Yes
Metals Yes
Oil Yes
Stocks Yes
Indices Yes
Crypto Yes
EFT's Yes

Trading Conditions

Spread feed: waiting

Live spreads are shown where available. Swap rates are based on this broker's latest MT4 contract specifications.

Live spread snapshot

EUR/USD -
GBP/USD -
USD/JPY -
XAU/USD -
XAG/USD -
AUD/USD -
Swap rates by symbol
Symbol Long Short 3-day
EUR/USD -7.68 3.24 Wednesday
GBP/USD -2.37 -2.83 Wednesday
USD/JPY 4.25 -17.19 Wednesday
XAUUSD -87.23 32.1 Wednesday
BTCUSD -3.83 1.38 Friday
US30 -6.09 1.09 Friday
CATTLE 115.96 -156.04 Friday
COCOA -14.59 8.35 Friday
COFFEE 9.97 -14.26 Friday
COPPER -14.48 4.77 Friday
CORN -17.08 10.4 Friday
COTTON -49.13 36.3 Friday
SOYBEAN -0.44 -1.2 Friday
SUGAR -3.59 2.67 Friday
WHEAT -2.6 1.63 Friday
ADAUSD -3.5 -0.5 Friday
AVAXUSD -3 -1 Friday
BCHUSD -2.17 -1.83 Friday
BNBUSD -3.5 -0.5 Friday
DOGEUSD -4.17 0.17 Friday
DOTUSD -2.17 -1.83 Friday
ETHUSD -3.17 -0.33 Friday
LINKUSD -3.5 -0.5 Friday
LTCUSD -3.83 -0.17 Friday
SOLUSD -2.33 -1.67 Friday
UNIUSD -3 0.33 Friday
XLMUSD -2.83 0.17 Friday
XRPUSD -3.17 0.5 Friday
XTZUSD -2.33 -0.33 Friday
BRENT 97.34 -107.8 Friday
GASOLINE 21.53 -26.94 Friday
NATGAS -4.9 4.28 Friday
WTI 119.15 -130.48 Friday
AUD/CAD 3.54 -8.87 Wednesday
AUD/CHF 4.5 -8.41 Wednesday
AUD/JPY 4.14 -14.49 Wednesday
AUD/NZD 0E-8 0E-8 Wednesday
AUD/SGD 0E-8 0E-8 Wednesday
AUD/USD -0.27 -2.82 Wednesday
CAD/CHF 0.96 -5.19 Wednesday
CAD/JPY -2.05 -7.8 Wednesday
CHF/JPY -9.27 -0.26 Wednesday
CHF/SGD 0E-8 0E-8 Wednesday
EUR/AUD -14.6 6.67 Wednesday
EUR/CAD -4.68 -3.65 Wednesday
EUR/CHF 2.26 -7.88 Wednesday
EUR/CZK -189.89 -4.99 Wednesday
EUR/GBP -6.21 2.16 Wednesday
EUR/HUF -47.92 13.2 Wednesday
EUR/JPY -3.85 -11.48 Wednesday
EUR/MXN -347.49 76.6 Wednesday
EUR/NOK -95.74 27.22 Wednesday
EUR/NZD 0E-8 0E-8 Wednesday
EUR/PLN -32.4 1.01 Wednesday
EUR/SEK -22.41 -36.45 Wednesday
EUR/SGD 0E-8 0E-8 Wednesday
EUR/TRY -6991.73 2587.27 Wednesday
EUR/ZAR -344.32 80.37 Wednesday
GBP/AUD -7.42 -0.99 Wednesday
GBP/CAD 3.55 -13.16 Wednesday
GBP/CHF 4 -13.96 Wednesday
GBP/JPY 2.93 -23.49 Wednesday
GBP/MXN -321.32 -55.87 Wednesday
GBP/NOK -50.42 -18.26 Wednesday
GBP/NZD 0E-8 0E-8 Wednesday
GBP/SEK 23.23 -102.69 Wednesday
GBP/SGD 0E-8 0E-8 Wednesday
GBP/TRY -5466.34 4540.41 Wednesday
NOK/JPY 0.97 -2.08 Wednesday
NOK/SEK 3.87 -9.67 Wednesday
NZD/CAD 0E-8 0E-8 Wednesday
NZD/CHF 0E-8 0E-8 Wednesday
NZD/JPY 0E-8 0E-8 Wednesday
NZD/USD 0E-8 0E-8 Wednesday
SEK/JPY -0.64 -0.9 Wednesday
SGD/JPY 0E-8 0E-8 Wednesday
USD/CAD 3.19 -8.94 Thursday
USD/CHF 4.22 -10.04 Wednesday
USD/CNH 24.96 -78.83 Wednesday
USD/CZK -68.98 -102.18 Wednesday
USD/HUF -27.48 1.57 Wednesday
USD/MXN -217.11 53.75 Wednesday
USD/NOK -39.23 -11.45 Wednesday
USD/PLN -49.9 -47.5 Wednesday
USD/RUB -1.77 1.38 Wednesday
USD/SEK 23.26 -74.27 Wednesday
USD/SGD 0E-8 0E-8 Wednesday
USD/THB 0E-8 0E-8 Wednesday
USD/TRY -5825.75 1974.05 Thursday
USD/ZAR -219.94 53.26 Wednesday
ZAR/JPY 0.88 -2.16 Wednesday
AU200 -6.61 1.61 Friday
CA60 -4.75 -0.25 Friday
CHINA50 -6.09 1.09 Friday
CHINAH -4.03 -0.97 Friday
DE40 -4.43 -0.57 Friday
ES35 -4.43 -0.57 Friday
EU50 -4.43 -0.57 Friday
FR40 -4.43 -0.57 Friday
HK50 -5.15 0.15 Friday
JP225 -3.23 -1.77 Friday
NETH25 -4.43 -0.57 Friday
NOR25 -6.64 1.64 Friday
SWI20 -2.44 -2.56 Friday
UK100 -6.23 1.23 Friday
US100 -6.09 1.09 Friday
US2000 -6.09 1.09 Friday
US500 -6.09 1.09 Friday
USDX -0.1 -5.54 Friday
VIX -5.52 5.16 Friday
XAGAUD -28.98 7.54 Wednesday
XAGEUR -13.51 0.41 Wednesday
XAGUSD -19.44 5.47 Wednesday
XAUAUD -133.53 52.23 Wednesday
XAUCHF -21.48 -4.66 Wednesday
XAUEUR -53.22 8 Wednesday
XAUGBP -57.75 23.15 Wednesday
XAUJPY -51.94 -18.22 Wednesday
XPDUSD -33.06 2.29 Wednesday
XPTUSD -43.91 8.73 Wednesday

Pepperstone Reviews

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good
fxEffect Country: Australia Jun 25, 2013

I have traded with Pepperstone for a number of years now and have found that although there is room for improvement when it comes to their slippage,their customer service is quick and efficient. Transfering
funds out of the account is also easy and usually happens quickly (I am in Austalia - same as them), so not sure how quick this will be if you are overseas.
They definitely beat many of the other Cypriat brokers I have used in the past :)

Broker Bonuses

50% Credit Bonus – Deposit $100+ to instantly receive 50% trading credit, then convert it to cash rebates as you trade; up to $7,500.

$30 Welcome Bonus – Open a Pro/ProCent MT4/MT5 account, verify ID & phone, and deposit $10+ by bank card to instantly receive $30 tradable funds; profits are withdrawable.

100% Deposit Bonus - Receive a 100% Bonus on Deposits (Max Bonus $5,000). Bonus credited after required lots are traded.