Reviewed broker: Pepperstone

Established in 2010

Location: Melbourne, Australia

Other Representative Offices: United States US, United Kindgom UK, China, Thailand

Regulation: Financial Conduct Authority (FCA) and ASIC Australia

Model of execution: No Dealing Desk (NDD)

Trading environment: ECN

Latest Awards: the broker has been awarded with the following titles: #1 Customer Service 2016, #1 Overall Client Satisfaction 2016, #1 Value for Money 2016 by Australia FX Report

Note: in 2016 Pepperstone partners with CHAMP Private Equity, leading investment firm in the area

Why Trade with Pepperstone Broker?

Trade with confidence

  • Protect your money with an ASIC and FCA-regulated broker
  • Enjoy low spreads and fee-free funding choices
  • Choose from a wide range of funding methods with local bank options

Unlock more opportunities

  • Trade a large range of instrumentsincluding FX, CFDs and commodities
  • Enjoy seamless trading with lightning-fast execution speeds
  • Premium client service available for eligible clients 

Never stop learning

  • Reach your trading goals with access to award-winning educational resources
  • Fine-tune your trading strategies with the latest technical and fundamental analysis
  • Learn from other traders with automated trading

Latest Awards

2019 Investment Trends Australia Leverage Trading Report Winner

The Investment Trends report provides a detailed analysis of the best FX players in the Australian market, recognising and rewarding out-performers based on a large pool of client responses to a comprehensive survey. In 2019, we achieved the highest client ratings in:

Trading Platform Features with Pepperstone

Trading instruments: over 80+ instruments including CFDs  on indices including commodities, energy, precious metals, forex, Cryptocurrency

Cryptocurrency: available with Bitcoin, Ethereum, Dash, Litecoin

Currency pairs: 60

Platforms: three free online trading platforms. MetaTrader 4, our most popular; MetaTrader 5, our most powerful; and cTrader, our most user-friendly. All of our platforms are available to run via WebTrader and mobile apps for seamless syncing across all of your devices.

At the time of our review, the broker included MetaTrader 5 (MT5), but the platform is still not available to the clients

Web-base platform: yes

Download platform: yes

Mobile trading: available

Add-on: Smart Trader

Social trading: yes, via social trading platform Zulutrade and myFXbook

Note: another social copy-trading platform is available with the broker and it is called MirrorTrader, developed by Tradency

Automated trading: yes, with cTrader and cAlgo platforms 

Pepperstone Account Types and Trading Conditions

Minimum deposit requirement: $200

Payment methods: bPay, credit cards, Paypal

Segregated clients funds: yes

Accounts: Razor, Standard 

Demo account: available

Islamic account swap free: available

Average spreads on EUR/USD: 1.2 

Maximum leverage up to 500:1

Note: the leverage available at Pepperstone is relatively high compared to other similar brokers such as FXCM (400:1), Plus500 (200:1), OANDA (1:50) and others.

Historical data access: yes

Enhanced EA trading: available

Advanced charting: yes

Online community: yes

API trading: yes


Strategy back testing: available

Advanced take profit stop loss levels: yes

Customer Service

Online chat: yes, available 24 hours during 5 days a week

Review of customer support: professional, friendly, informative

Email support:  yes 

Local offices: available in Bangkok, Dallas, Shanghai and London

Educational Material and Promotions with Pepperstone

Market analysis: daily technical and fundamental reviews

Free educational resources including trading guides, webinars and how-to videos

Bonuses: during our Pepperstone review there was 100% Match Bonus for the first deposit, but the promotion is limited only to Australian clients.

Conclusion about Pepperstone and Forex Brokers Comparison

Pepperstone offers fast execution with all of its account types, has wide range of platforms to choose from and compared to other online forex Brokers, is working on same level as OANDA, FXCM, FXPro and other similar brokers in the industry. 

Pepperstone is a good choice for forex trading online and is heavily regulated by FCA an ASIC licensing authority, which offers clients protection and peace of mind when it comes to their finances. The administrative team and staff of Pepperstone seems to offer competitive support and features, including the social copy-trading capabilities. 

Overall reputation of the broker through Forex Brokers review sites and opinion from traders has been positive and deserve the trust of newbies.

Some traders with experience who have been composing forex broker reviews on various sites and community channels have notices difficulty withdrawing the money from the accounts. We will keep an eye on this factor and update on this issue. Positive forex broker reviews show the satisfaction with VPS hosting, easy deposits, reliable platforms and very fast account setup.

Is pepperstone a good broker?

Pepperstone is an agency-execution broker that offers a good range of options on its pricing plans, with its commission-based Razor Account being the best choice. In 2020, Pepperstone finished Best in Class in the Commissions & Fees category, as well as for Professional Trading.

Is pepperstone safe?

Pepperstone is considered safe since it’s regulated by two top-tier financial authorities, the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Is pepperstone an ECN broker?

Pepperstone is an Electronic Communications Networks (ECNbroker established in 2010 and regulated by the Australian Securities and Investments Commission (ASIC). The firm is based in Australia and offers its clients the flexibility to trade any way they like, making it ideal for traders on the move.

What type of broker is pepperstone?

Pepperstone is an online forex broker. Pepperstone offers the MetaTrader 4, MetaTrader 5, MT Mobile, and WebTrader trading currency top platform. offers over 20 currency pairs, gold, and silver for your personal investment and trading options.

How long does pepperstone withdrawal take?

If you fund your account with a credit card and then withdraw within 60 days, the withdrawal will have to go back to your same credit card. Withdrawals are processed the same day if Pepperstone receives them before 21:00 GMT (which is 07:00 AEST).

What is the minimum deposit for pepperstone?

What’s the minimum deposit for a live account? The initial deposit to trade with Pepperstone is $200.00 USD or equivalent. However, this is not actively enforced and clients are welcome to deposit less than this.

Does pepperstone allow scalping?

All Pepperstone accounts permit scalping, trading robots, and hedging.

How was the rating of Pepperstone performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on FX broker performance and features. 

Overall our online Pepperstone review was conducted with the details obtained from the demo trading and the Australian forex brokers website. If you would like to add details to this online Pepperstone or you find inaccurate details Pepperstone broker review please get in touch with us and the changes will be applied. 

Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2022, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.