- Max Leverage - 1:30
- Minimum Deposit - No minimum
- Spreads From - 0.16 – 1.3
The parent company of Pepperstone Limited is the Pepperstone Group, which was founded in 2010 in Melbourne, Australia. The main goal was to create technology that will give access to the market at low-spread cost.
Now Pepperstone is one of the leading forex brokers in the world, providing various instruments for trading. They are regulated by the most respected financial authorities, the Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC).
In 2015 the company opened an operating office in London
There are two types of accounts.
A ‘standard account’ is intended for non-experienced traders. Its feature is the absence of commissions for trading, but larger spreads (1.0 – 1.3 pips).
The second type is ‘Raiser account’. It is ideal for more experienced traders and scalpers. This account has small spreads, but also commissions for transactions
Pepperstone offers three types of trading platforms MT4, MT5 and cTrader, which are available as a web, mobile or desktop version.
MetaTrader is the most popular trading platform in the world. It has different features like live quotes, real-time charts and in-depth news and analytics. A downside of both MT4 and MT5 platforms is outdated design.
cTrader on the other hand has beautiful design to replicate an institutional trading environment. It has very friendly customizable user interface. cTrader also allows to code in C# to write custom scripts.
Deposit & Withdraws
Pepperstone allows their clients to fund a trading account with different options like bank transfer, credit or debit cards. In addition to that clients can use various paying systems like PayPal, POLi, China Union Pay, BPay, Skrill, Neteller, Qiwi and Fasapay.
All funding and withdraws are without any fees, however the International Telegraphic Transfer (TT) fees, which are charged by their banking passed onto the client.
Pepperstone provides opportunity to trade with 150+ instruments. Among them major forex currencies (USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD); indexes of 14 major global stock markets; CFDs of more than 60 high-listed companies in the USA; commodities such as coffee, cocoa, cotton, orange juice, sugar; and precious metals.
Support is available 24/5 via live chat, phone or Email.
Pepperstone is regulated by the top-tier regulatory body the UK Financial Conduct Authority (FCA) for EU clients and the Australian Securities and Investments Commission (ASIC) for Australian clients.
Pepperstone MT4 and cTrader platforms have a built-in automatic stop-out system that protects against potential critical losses.
Pepperstone is a great Forex broker with competitive spreads and numerous financing options.
The opening process is very easy, there are no requirements for a minimum deposit amount. The website is well designed, simple and easy to navigate.
They have an excellent customer support team with competent and prompt answers. They did not develop their own platform, but the third-party solutions that they offer are well-designed and reliable.