Pepperstone

Pepperstone Review

Pepperstone is an Australian-based online ECN forex broker with over 70 currency pairs at some of the industry’s lowest spreads. Offering spreads from as low as 0.0 for major pairs like the EUR/USD, however, there is a commission charged on these trades. Trading on other major instruments such as indices and commodities are available through their CFD services as well. They offer a broad range of platforms (11 to be exact) including the industry standard MT4 and cTrader platforms.

Pepperstone is a favourite for choice for experienced CFD traders who need a broker that can deliver superior results by offering advanced features such as institutional grade STP spreads, custom solutions including API and FX GUI solutions, as well as extensive reporting.

Tradeable Assets

Pepperstone strives to offer the lowest possible trading costs paired with superior execution while offering a full product suite to meet the needs of all level of traders. Pepperstone offers 70+ currency pairs, access to cryptocurrency trading and metals such as gold and silver, commodities like oil and natural gas, as well as offering a wide range of major indices to trade.

Account Types

Pepperstone offers clients four types of trading accounts:

Edge Standard Account:

Minimum deposit of {currency}200 which gives access to their superior interbank spreads and liquidity with no commission.

Edge Razor Account:

Minimum deposit of {currency}200 with spreads from 0.0 and a {currency}3.50 commission. Featuring cutting-edge infrastructure that allows traders to gain from flexible leverage and advanced algorithms that route trades with swift execution.

Edge Swap Free Account (Islamic):

The Pepperstone Islamic account is compliant with Sharia law which enables traders to take advantage of Pepperstone’s deep liquidity and cutting-edge trading technology with zero commission and a {currency}200 or equivalent minimum deposit.

Edge Active Traders Account:

Superior ECN EDGE execution for Active Traders and Institutional Partners. Including a dedicated relationship manager, segregated customer account with advanced reporting such as volume tracking, EOD profit/loss reports, and daily equity snapshots.

The Active Traders Account allows you to take advantage of Pepperstone’s low latency EDGE infrastructure and offers you custom solutions.

Regulation

Regulated by The Financial Conduct Authority in the United Kingdom (FRN 684312) and the Australian Securities and Investment Commission (AFSL #414530)

Platforms

For trading, Pepperstone provides traders with all of the most popular trading platforms available. Offering online trading through access to 11 trading platforms, including MetaTrader 4, Webtrader, cTrader, and Apps for iPhone and Android. 

Pepperstone Mobile Trading 

Mobile trading at Pepperstone is available through either MetaTrader4 app or cTrader app, both are available for direct download on Google Play and iTunes. Both apps rank highly in functionality, design, and range of tools. 

Bonus

Australian Clients:

Earn Qantas Points
10 points per {currency}1 up to 10,000 Points
10 points per FX lot traded up to 10,000 points per month
Exclusive to Pepperstone

UK Clients:

Receive {currency}1 Commissions
on Pepperstone’s Raw Spread Razor Account for 30 days!

Deposit Options

Pepperstone offers a wide range of deposit options for its clients: Bank Wire, Local Bank Deposit, Credit/Debit cards (Visa & MasterCard accepted), PayPal, Skrill, Neteller, WebMoney, Bpay, Union Pay, BPay, FasaPay, QIWI and POLI.

Pepperstone clients may open accounts and deposit funds in the following currencies: Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), Euro (EUR), British Pound Sterling (GBP), Hong Kong Dollar (HKD), Japanese Yen (JPY), New Zealand Dollar (NZD), Singapore Dollar (SGD) and United States Dollar (USD), .

Withdrawal Methods

For all withdrawals, funds are transferred to your credit card account or via bank wire. Funds will only be transmitted to a bank account with the same first and last name as the trading account. Withdrawal request are typically completed within 3 to 5 business days.

Customer Support

The company offers a full self-service Secure Client Area for managing your own account and the customer support team is available 24 hours, via live chat, email, and telephone support. 

In addition to the international phone support provided by the Australian office located in Melbourne, traders in the following cities have local offices:

• Dallas
• London
• Shanghai
• Bangkok

Languages

Customer Support is offered in:

• Chinese
• English
• Hindi
• Japanese
• Korean
• Russian

The website is available in 15 languages including:

• Arabic
• Bahasa
• Chinese
• French
• German
• Italian
• Japanese
• Laotian
• Polish
• Russian
• Spanish
• Thai
• Vietnamese

Address

Level 5, 530 Collins Street
Melbourne VIC
3000 AUSTRALIA

Ease of Use

Pepperstone offers one of the fastest execution speeds on the market using raw Electronic Communications Network (ECN) which guarantees more rapid settlement and accurate prices and is up to 12 times faster than competitor platforms. The brokerage offers an excellent customer service experience for their traders with a call center that is open 24 hours, five days a week, ensuring availability during global currency trading hours.

Why Trade at Pepperstone

Pepperstone has won numerous industry awards for innovation and excellence in CFD Brokerage. Pepperstone is a prime no desk broker that aims to accommodate all traders and all trading styles and is based in Melbourne, Australia with offices located in Dallas, USA, and, China.

To see how Pepperstone ranks against other industry-leading trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.