Pepperstone review
Introduction of the broker Pepperstone
Pepperstone is a reputable forex and CFD broker based in Australia, founded in 2010. The company is under robust oversight by several major regulatory bodies, including CySEC, BaFIN, SCB, CMA, DFSA and FCA, providing traders with significant peace of mind regarding the safety of their investments.
One of the key aspects of Pepperstone is its execution model. It operates as a NDD (No Dealing Desk) and ECN broker, which means it offers transparent and fast execution of trades without unnecessary interference. In terms of spreads, traders can enjoy very competitive rates, starting from 0 pips. Although leverage is limited to 1:30, this is in line with many regulatory standards around the world.
In terms of funding, traders can open an account with a minimum deposit of $0 and can deposit and withdraw funds via bank transfer, PayPal or credit/debit card. The range of trading instruments is impressive and includes gold and silver, ETFs, cryptocurrencies, stocks, indices, commodities and many currency pairs including major, minor and exotic currencies.
Pepperstone offers a wide range of trading platforms including MetaTrader 4, MetaTrader 5, MT4 for mobile, Webtrader, cTrader and TradingView. In addition, social trading is also available using platforms such as Zulutrade, MAM, PAMM and Myfxbook. Whether you are a beginner or an experienced trader, you can choose your account currency from USD, GBP, AUD, NZD, EUR or JPY.
Risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| Basic information | |
|---|---|
| Regulations |
|
| Number of CFD asset classes | 6 |
| Broker type | ECN, STP |
| Customer support |
|
| Deposit from | 5 EUR/USD |
| Spreads | 1 EUR/USD *The value is indicative from the broker's website. The spread amount is variable. |
| Real Stocks and ETFs | |
| Platforms |
|
| Instruments CFD | Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies |
| Established | 2010 |
| Location | 70 Gracechurch Street, London EC3V 0XL, United Kingdom |
| Phone | +44 (800) 0465473 |
| support@pepperstone.com | |
| Last update: | |
Pros
Cons
Licences and regulation
Licenses from Pepperstone cover a wide range of regulatory authorities.
- Pepperstone Financial Services (DIFC) Limited - authorized by DFSA (Dubai) license number F004356
- Pepperstone GmbH - authorized by BaFin (Germany) registration number 151148
- Pepperstone EU Limited - authorized by CySEC (Cyprus) registration no. 388/20
- Pepperstone Markets Kenya Limited - authorized by CMA Licence No.128
- Pepperstone Markets Limited - authorized by SCB (Bahamas) License number SIA-F217
- Pepperstone Group Limited - authorized by ASIC (Australia) registration no. ACN 147 055 703, AFSL 414530
- Pepperstone Limited - authorized by FCA (UK) registration no. 684312
