Pepperstone Review

Pepperstone is an Australian forex broker founded in 2010 that has grown rapidly since its inception, the pepperstone broker is known for its tight spreads, very fast trade execution, and good customer support. Pepperstone Group Limited is included in one of the largest and best forex brokers in the Australian currency trading market, daily trading volume of up to $ 5.2 billion. This makes pepperstone the top forex broker in australia by volume.

Pepperstone started its business as a broker focused on forex trading with interbank execution with very low spreads, they offer 70+ FX currency pairs. Apart from that it also offers other trading instruments including Stocks, Stocks, Commodities, Cryptocurrencies, Energy, Indices, Metals, Bonds, CFDs and ETFs. Pepperstone provides traders worldwide access to trading in all markets with cutting-edge technology, high-speed execution and low latency. Having direct access to massive liquidity helps the company ensure the lowest possible spreads and fast execution for all levels of traders.

Pepperstone forex brokers

 

# is pepperstone brokers have tight spreads ?

Pepperstone offers traders a variety of attractive account types. There are 2 types of accounts that can be used by traders, namely standard and razor, while for free swap accounts traders must make a request to the pepperstone broker first. Pepperstone offers super tight spreads starting from 0.1 pips on razor accounts, their spreads are among the best on the market. Due to direct access to lots of liquidity it can provide traders with the best prices with low spreads.

Pepperstone brokers spreads

# Pepperstone Account Types

  • Standard Account 
    This Standard Account has a minimum deposit of $ 200 and doesn’t charge any commission on trades. Spreads from 1 pips with no commission, maximum leverage of 1: 500 and these are good trading conditions for traders. The standard account on pepperstone is the type of True ECN account that many professional traders are looking for
  • Razor Account
    This Razor account has a minimum deposit of $ 200 and a leverage of 1: 500. This account is for traders who are more professional and have a high trading volume. The Razor account has tight spreads starting from 0 pips for you professional traders. However, this raw spread account comes with a standard round turn lot commission of 7 USD.

# Pepperstone Account Comparison

ACCOUNT TYPE STANDARD RAZOR FREE SWAP
Minimum Deposit $200 $200 $200
Maximum Leverage 1:500 1:500 1:500
Minimum lot size 0.01 0.01 0.01
Size per lot 100.000 Unit 100.000 Unit 100.000 Unit
Increment 0.01 0.01 0.01
Account currency USD, EUR USD, EUR USD, EUR
Commission No $7 No
Spreads From 1.0 Pips From 0.1 Pips From 1.0 Pips
Decimal Price 5 Digits 5 Digits 5 Digits
Execution Market Market Market
Margin call 90% 90% 90%
Stop out 20% 20% 20%
Free swap No No Yes
Instrument Forex, Metals, CFDs Forex, Metals, CFDs Forex, Metals, CFDs
Trading Platform MT4, Web Trader, Android, iOS MT4, Web Trader, Android, iOS MT4, Web Trader, Android, iOS

# Pepperstone Regulation and Safety

is pepperstone scam or legit brokers ? find out more information about pepperstone broker regulation to make sure that pepperstone is legit broker. Pepperstone is a global forex trading platform operating in 188 countries including countries in Europe, Asia, Oceania and Africa. Pepperstone is regulated and supervised by leading organizations such as Dubai Financial Services Authority (DFSA), the Australian Securities and Investments Commission (ASIC ), the UK Financial Conduct Authority (FCA), the Capital Markets Authority (CMA), and the Securities Commission of the Bahamas (SCB). This means that pepperstone is regulated and supervised by DFSA, ASIC, FCA UK, CMA and SCM  regulators bodies in conducting its business. Customer accounts that are deposited will be separated from company funds, this provides security for customers in industries that are vulnerable to risk.

 

# Pepperstone Trading Platfoms

Pepperstone offers their clients trading via the popular platforms cTrader, metatrader 4 and metatrader 5. The cTrader platform is a device that runs on a browser whereas metaTrader 4 and 5 are downloadable platforms for both desktop and mobile devices on android and iOS.  The pepperstone broker is a participant on the Equinix Financial exchange, so the pepperstone client allows the broker seamless access to various low latency trading networks. Additionally access to several VPS hosting options to run EA MT4.

pepperstone trading platform

 

# Deposit and Withdrawal Options

There are many methods for making deposits and withdrawals at the pepperstone broker, clients can deposit via Visa, Mastercard, POLi, Bank transfer, BPay, PayPal, Neteller, Skrill and Union Pay. Most deposits are completed immediately without any fees on the deposit. For clients who are going to make a withdrawal, clients can use the same method when making a deposit, most of the withdrawals are completed within 1 day (24 hours). Pepperstone also doesn’t charge additional withdrawal fees.

 

# Customer Support

Pepperstone has a support department that operates 24/5 to assist their customers. Customers can contact them by phone, email and live chat. The languages available are English, Thai, Spanish, Chinese and Vietnamese.

 

# Advantages of trading at Pepperstone

The pepperstone broker has many advantages that are favored by traders around the world. What are the advantages of trading at the Pepperstone broker? here’s what you need to know

  • Leverage Up to 1: 500
    Pepperstone provides clients with a leverage of 1:30 to 1: 500.
  • Separate Account
    To increase the security of customer funds, Pepperstone also provides separate accounts
  • Negative Balance Protection
    Pepperstone provides negative balances for clients.
  • Customer Support
    There is 24/5 hour live assistance and you can reach them by phone, email and live chat
  • Educational Content
    Pepperstone provides a wide range of forex analysis, webinars, forex news and daily market analysis which can be easily accessed on their website.
  • Deposits and Withdrawals
    Pepperstone does not charge fees for deposits and withdrawals
  • Tight Spreads
    Pepperstone provides tight spreads from 0.1 pips on Razor accounts.

 

# Conclusion

Pepperstone is a real ecn broker that offers clients the best trading conditions and fast execution. Pepperstone has DFSA, ASIC, FCA UK, CMA and SCM regulations, high-quality customer support and multiple deposits and withdrawals. Pepperstone offers more than 150 different assets available for using the popular cTrader, metatrader 4 and 5 platforms. If you are a new trader or a professional looking to practice your trading strategy in a risk free environment, Pepperstone offers the best support and fast execution, Pepperstone is the right choice.

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