Pepperstone Information
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:
Regulated by reputable financial authorities including ASIC, CySEC, FCA
Multiple account options and funding methods
Low spreads and commissions, particularly for active traders
Advanced trading platforms including MT4, MT5, cTrader, and TradingView
Negative balance protection
Cons:
High minimum deposit for swap-free accounts
No clear info on deposits and withdrawals
Is Pepperstone Legit?
Pepperstone, a reputable and respected online broker, has five regulated entities, operating under a strong regulatory framework globally.
| Regulated Country | Regulated by | Current Status | Regulated Entity | License Type | License Number |
| ASIC | Regulated | PEPPERSTONE GROUP LIMITED | Market Making (MM) | 000414530 | |
| CySEC | Regulated | Pepperstone EU Limited | Market Making (MM) | 388/20 | |
| FCA | Regulated | Pepperstone Limited | Straight Through Processing (STP) | 684312 |
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.
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 | ✅ | ✅ |
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.
