| Pepperstone Summary | |
| Founded | 2010 |
| Headquarters | Melbourne, Australia |
| Regulation | No |
| Market Instruments | Forex, shares, ETFs, indices, commodities, currency indices, cryptocurrencies, CFD forwards |
| Demo Account | ✅(30 days, $50,000 virtual funds) |
| Account Type | Razor, Standard, Swap-free, Pro |
| Min Deposit | $0 |
| Leverage | Up to 1:200 (Retail)/1:500 (Professional) |
| EUR/USD Spread | Average 1.1 pips (Standard account) |
| Trading Platforms | TradingView, MT4/5, Pepperstone platform, cTrader |
| Copy/Social Trading | ✅ |
| Payment Methods | Apple Pay, Google Pay, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Skrill, Union Pay, and USDT |
| Customer Support | 24/7 |
| Tel: +1786 628 1209 | |
| Email: [email protected], [email protected] | |
Pepperstone is a Forex and CFD broker founded in 2010 in Melbourne, Australia. The company has quickly grown to become one of the largest Forex and CFD brokers in the world with over 150,000 clients across the globe. Pepperstone is regulated by top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), etc. It offers a wide range of trading instruments including forex, commodities, indices, currency indices, cryptocurrencies, shares, and ETFs.
Pros & Cons
| Pros | Cons |
| • Regulated by reputable financial authorities including ASIC, CySEC, FCA, DFSA, SCB (Offshore) | • High minimum deposit for swap-free accounts |
| • Multiple account options and funding methods | • No clear info on deposits and withdrawals |
| • Low spreads and commissions, particularly for active traders | |
| • Advanced trading platforms including MT4, MT5, cTrader, and TradingView | |
| • Negative balance protection |
Our Conclusion on Pepperstone Reliability:
Overall, Pepperstone uses advanced security measures to protect its clients’ personal and financial information. The broker’s commitment to transparency, and customer satisfaction makes it a trustworthy choice for traders.
Market Instruments
Pepperstone offers various trading instruments across multiple asset classes, including:
Forex: Major, minor and exotic currency pairs, including USD/EUR, AUD/USD, EUR/GBP, and more.
Stocks: Trading of popular global stocks including Apple, Amazon, Google, etc.
Indices: CFDs on global indices, including S&P 500, FTSE 100, Nikkei 225, and more.
Commodities: CFDs on gold, silver, oil, and other popular commodities.
Cryptocurrencies: Trading of popular cryptocurrencies including Bitcoin, Ethereum, Litecoin, etc.
| Asset Class | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Currency indices | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Accounts/Fees
Pepperstone offers two types of CFD trading accounts, including Razor and Standard accounts.
| Razor | Standard | |
| Best for | Experienced traders | Beginners |
| Minimum Deposit | 0 | |
| Account Currencies | USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD | |
| Trading Platform | MT4/5, cTrader, TradingView, Pepperstone platform | MT4/5, cTrader, Pepperstone platform |
| Maximum Leverage (Retail) | 1:200 | |
| Maximum Leverage (Professional) | 1:500 | |
| Market Execution | No dealing desk (NDD) | |
| Minimum Trading Size | 0.01 lots | |
| Maximum Trading Size | 100 lots | |
| Spread | Raw (from 0 pips) | Raw + 1 pip increase |
| Commission (FX Only) | From 3 USD per lot per side | ❌ |
| Stop Out (Retail) | 50% | |
| Stop Out (Professional) | 20% | |
| Scalping | ✅ | ✅ |
| Expert Advisors (EAs) | ✅ | ✅ |
| Hedging | ✅ | ✅ |
| News Trading | ✅ | ✅ |
Pepperstone also offer demo accounts, especially for traders to practice their trading skills and strategies. MetaTrader 4 and 5 demo accounts expire automatically after 30 days unless you have a live funded account and ask Pepperstone to set it to non-expiry for you. However, a non-expiry demo account can still be archived if its non-active after 90 days.
It provides traders with virtual funds to trade with and access to real-time market data, allowing them to simulate trading conditions without risking real money. It is a useful tool for beginners to get familiar with the trading platform and for experienced traders to test new strategies or instruments.
Sawp-free and Pro accounts are also available.
Trading Platforms
Pepperstone supports a variety of trading platforms, in addition to its proprietary Pepperstone App, it also offers popular TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader. These platforms are known for their advanced charting tools, technical analysis capabilities, and automated trading capabilities.
Pepperstone has mobile apps for MT4, MT5 and cTrader and is compatible with Android and iOS devices. Besides, traders at Pepperstone can trade on the official website without downloading any software.
