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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

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
Currencies Swap
Short Long Type
AUDCAD -8.37 2.93 0
AUDCHF -8.15 4.27 0
AUDJPY -13.60 3.42 0
AUDNZD -9.01 2.76 0
AUDUSD -2.40 -0.52 0
CADCHF -5.35 0.93 0
CADJPY -7.70 -2.24 0
CHFJPY 0.08 -9.68 0
EURAUD 6.07 -14.27 0
EURCAD -3.62 -4.82 0
EURCHF -7.99 2.28 0
EURCZK -5.04 -190.54 0
EURGBP 2.17 -6.26 0
EURHUF 13.09 -49.15 0
EURJPY -11.15 -4.24 0
EURNOK 14.53 -93.61 0
EURNZD -2.28 -7.73 0
EURPLN -0.75 -30.86 0
EURSEK -38.13 -22.63 0
EURTRY 2163.05 -6463.95 0
EURUSD 3.21 -7.80 0
GBPAUD -1.84 -6.81 0
GBPCAD -13.06 3.44 0
GBPCHF -14.09 3.94 0
GBPJPY -23.04 2.51 0
GBPNOK -34.15 -45.85 0
GBPNZD -13.50 2.47 0
GBPSEK -103.94 23.97 0
GBPUSD -2.66 -2.55 0
NOKJPY -1.88 0.77 0
NZDCAD -3.09 -1.49 0
NZDCHF -4.55 1.67 0
NZDJPY -6.86 -2.21 0
NZDUSD 0.66 -3.55 0
SEKJPY -0.83 -0.71 0
SGDJPY -5.68 -3.72 0
USDCAD -8.84 3.19 0
USDCHF -10.34 4.46 0
USDCZK -105.17 -66.17 0
USDHKD -37.77 -27.77 0
USDHUF 0.20 -26.85 0
USDJPY -16.86 4.14 0
USDNOK -24.88 -35.38 0
USDPLN -15.62 -16.12 0
USDRUB 1.38 -1.77 0
USDSEK -76.50 24.80 0
USDSGD -13.48 5.02 0
USDTRY 1299.47 -5045.43 0
XAUUSD.a 42.41 -90.59 0
XAGUSD.a 7.99 -19.79 0
BTCUSD.a -1.72 -3.50 2
BCHUSD.a -2.17 -1.83 2
ETHUSD.a -0.33 -2.83 2
XRPUSD.a 0.17 -2.83 2
LTCUSD.a -0.50 -3.50 2
Swap Chart for EURUSD for different FX Brokers
Long Swaps
Short Swaps
Change Currency
Volume
AUDCAD 91
AUDCHF 50
AUDJPY 120
AUDNZD 85
AUDUSD 84
CADCHF 26
CADJPY 77
CHFJPY 103
EURAUD 87
EURCAD 78
EURCHF 62
EURCZK 65
EURGBP 30
EURHUF 16
EURJPY 95
EURNOK 32
EURNZD 67
EURPLN 5
EURSEK 9
EURTRY 39
EURUSD 39
GBPAUD 122
GBPCAD 69
GBPCHF 77
GBPJPY 141
GBPNOK 88
GBPNZD 90
GBPSEK 74
GBPUSD 78
NOKJPY 43
NZDCAD 47
NZDCHF 53
NZDJPY 75
NZDUSD 30
SEKJPY 7
SGDJPY 81
USDCAD 43
USDCHF 53
USDCZK 55
USDHKD 20
USDHUF 46
USDJPY 92
USDNOK 55
USDPLN 23
USDRUB 2
USDSEK 43
USDSGD 52
USDTRY 3
XAUUSD 138
XAGUSD 151
BTCUSD 80
BCHUSD 28
ETHUSD 52
XRPUSD 10
LTCUSD 3
Volume Chart
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 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
Short Long Type
AUDCAD -8.37 2.93 0
AUDCHF -8.15 4.27 0
AUDJPY -13.60 3.42 0
AUDNZD -9.01 2.76 0
AUDUSD -2.40 -0.52 0
CADCHF -5.35 0.93 0
CADJPY -7.70 -2.24 0
CHFJPY 0.08 -9.68 0
EURAUD 6.07 -14.27 0
EURCAD -3.62 -4.82 0
EURCHF -7.99 2.28 0
EURCZK -5.04 -190.54 0
EURGBP 2.17 -6.26 0
EURHUF 13.09 -49.15 0
EURJPY -11.15 -4.24 0
EURNOK 14.53 -93.61 0
EURNZD -2.28 -7.73 0
EURPLN -0.75 -30.86 0
EURSEK -38.13 -22.63 0
EURTRY 2163.05 -6463.95 0
EURUSD 3.21 -7.80 0
GBPAUD -1.84 -6.81 0
GBPCAD -13.06 3.44 0
GBPCHF -14.09 3.94 0
GBPJPY -23.04 2.51 0
GBPNOK -34.15 -45.85 0
GBPNZD -13.50 2.47 0
GBPSEK -103.94 23.97 0
GBPUSD -2.66 -2.55 0
NOKJPY -1.88 0.77 0
NZDCAD -3.09 -1.49 0
NZDCHF -4.55 1.67 0
NZDJPY -6.86 -2.21 0
NZDUSD 0.66 -3.55 0
SEKJPY -0.83 -0.71 0
SGDJPY -5.68 -3.72 0
USDCAD -8.84 3.19 0
USDCHF -10.34 4.46 0
USDCZK -105.17 -66.17 0
USDHKD -37.77 -27.77 0
USDHUF 0.20 -26.85 0
USDJPY -16.86 4.14 0
USDNOK -24.88 -35.38 0
USDPLN -15.62 -16.12 0
USDRUB 1.38 -1.77 0
USDSEK -76.50 24.80 0
USDSGD -13.48 5.02 0
USDTRY 1299.47 -5045.43 0
XAUUSD.a 42.41 -90.59 0
XAGUSD.a 7.99 -19.79 0
BTCUSD.a -1.72 -3.50 2
BCHUSD.a -2.17 -1.83 2
ETHUSD.a -0.33 -2.83 2
XRPUSD.a 0.17 -2.83 2
LTCUSD.a -0.50 -3.50 2
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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.