Pepperstone Review

Pepperstone Review

Traders can use MetaTrader Trading Signals, myFXbook and DupliTrade with Pepperstone. This allows for seamless social trading that allows you to copy the trading strategies and signals of successful traders in real time. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.

Besides, Pepperstone offers an investor protection scheme for EU, UK, and Australian traders. In these cases, Pepperstone did reach out to these clients and asked them to contact their customer support for help. With regards to the trades that we executed we were satisfied with the fills and speed of execution and did not find any issues. We also liked the transparency of Pepperstone and all the information they provided throughout all the processes. Most clients reported positive experiences especially with the speed of trade execution and the ease of deposits and withdrawals which aligned with our experience.

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). CTrader is an intuitive and easy-to-use platform with advanced order capabilities and customisation.

The tools you need to reach your forex trading potential

• In the event of a margin call, equity is calculated as the sum of the balance and open profit/loss.
• Past performance is no indication of future performance and tax laws are subject to change.
• You can discover more about these options on the Pepperstone trading platforms page.
• We do not provide financial advice, offer or make solicitation of any investments.
• As an ECN broker, Pepperstone provides direct access to the interbank market, allowing traders to trade with liquidity providers and participate in a transparent and efficient trading environment.
• Retail clients can earn 20 commission-free trades by referring friends who meet specific deposit and trading requirements.

Pepperstone is regulated and licensed by two high tier regulators, the Financial Conduct Authority (FCA) in the United Kingdom and the Australian Securities and Investment Commission (ASIC) in Australia. In addition, they are also regulated by the Dubai Financial Services Authority (DFSA) and by four other lower tier regulatory bodies. Our proprietary scoring model evaluated each broker across 11 major categories and 73 weighted criteria, plus an additional 15 non-weighted criteria.

In terms of pricing, Pepperstone’s fees are competitive and generally in line with industry averages. While customer support is generally very good, we had been a little frustrated by the chat service which didn’t transfer between windows and we felt the wait time was too long on a few occasions. During our review, we were only able to withdraw the amount we initially deposited on our first withdrawal. Because we used a card for our deposit, we had to refund that amount to the same card before we could access other withdrawal methods. When we contacted customer service, they explained that this is in accordance with International Anti-Money Laundering (AML) regulations.

• You can also set notifications and alerts for any of the available tradable instruments.
• So, a mixed offering on the whole, with some bright points amongst a broadly average presentation of tradeable products.
• What’s more, you can find plenty of tools in the MQL marketplace if you want to improve the platforms capabilities beyond the defaults.
• Both account types have a minimum spread, and in most cases, Pepperstone will charge its own spread atop the market spread.
• Additionally, Pepperstone supports almost all trading styles, including news trading, EA trading, day trading, copy trading, and position trading.
• It also has more complex automated features if this is something that is important to you.

Does Pepperstone have a swap-free account?

Choose your fund payout method and confirm the request sent to your confirmation email. Also, those who qualify for the Active Trader program receive rebates for trades completed on Razor accounts, with the rebates dependent on the volume of trades completed. Pepperstone offers 20 cryptocurrency CFDs (plus those three cryptocurrency indices). The individual share CFD offering is of 600+ share CFDs and only from US markets. Overall, Pepperstone should be considered a safe and secure broker for spread betting, CFDs and Forex trading. You can find the range of funding options available under the ‘My Account’ section in the trading app.

An award-winning broker

Pepperstone Limited (UK) is authorised and regulated by the Financial Conduct Authority (FCA). Pepperstone Group Limited is authorised and regulated by the Australian Securities and Investment Commission (ASIC). Pepperstone Financial Services (DFIC) Limited is regulated by the Dubai Financial Services Authority (DFSA). Pepperstone Markets Limited is incorporated in The Bahamas and licensed by the Securities Commission of The Bahamas (SCB). Pepperstone EU Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC).

How can I delete my Pepperstone account?

These factors make Pepperstone a safe broker to hold your money, as it reliably processes more than $12.55 billion in daily trading volume and is trusted by more than 300,000 retail traders globally. There are multiple third-party platform options for mobile trading at Pepperstone as well as the broker’s proprietary Pepperstone mobile app. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Pepperstone makes money through the spread, which is the difference between the bid and ask prices. Traders looking to deepen their knowledge of Forex market trading will find the Trader Fest 2019 helpful course.

Trading Options and Facilities:

Pepperstone offers a library of educational content targeted at beginners. More experienced traders can benefit from the company’s readily available industry research. What’s more, its fee structure is attractive, considering it doesn’t charge any fees for deposits, withdrawals, or inactivity, while its spreads are highly competitive. Forex Peace Army (FPA) is an online platform that provides reviews, ratings, and information related to forex (foreign exchange) trading. It serves as a community-driven site where traders can share their experiences with various forex brokers, signal providers, trading courses, and other related services in the financial markets. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying.

Pepperstone offers both MAM (Multi-Account Manager) and PAMM accounts to qualified and experienced fund managers with relevant licenses or industry experience. With PAMM accounts, Pepperstone provides a flexible and transparent solution for investors seeking to benefit from the expertise of seasoned traders. Additionally, traders can access currency indices like the USDX, ETF and bond CFDs.

Overall, the actual leverage available varies depending on the specific regulatory region, the trader’s status and the financial instruments being traded. Pepperstone provides access to TradingView, cTrader and MetaTrader, and its wide range of available third-party tools and plugins enhances its already-impressive suite of available platforms. As well as being regulated by ASIC, SCB, CMA, CySEC, FCA, BaFin and DFSA, we segregate our client funds with tier 1 banks and offer many fee-free funding methods. For traders looking to trade IPOs (Initial Public Offerings) in 2025, it’s time to start planning ahead. An IPO is when a company offers its shares to the public for the first time, allowing investors Pepperstone Forex Broker to buy a stake in the business. Pepperstone offers deep liquidity at the quoted price which is known as top-of-the-book liquidity.