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
MAM PAMM: 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 (ECN) broker 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. Pepperstone.com 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.
