Pepperstone provides a range of trading account types tailored to different trader profiles, including beginners, retail traders, high-volume professionals, and fund managers.
Available accounts include the Standard Account (ideal for new traders), the Razor Account (optimized for scalping and algorithmic trading), the Spread Betting Account (exclusive to UK traders), and the Islamic Account (swap-free for Muslim traders). Advanced traders and money managers can access MAM/PAMM Accounts for managed funds and the Professional Account, which offers higher leverage.
Each Pepperstone account type has distinct pricing models and offers platform compatibility across MT4, MT5, and cTrader.
The availability of the Pepperstone account types is subject to Regulatory compliance, trader expertise, and regional restrictions.
What types of trading accounts are available at Pepperstone?
The Pepperstone account types are listed below.
- Pepperstone Demo account
- Pepperstone Standard account
- Pepperstone Razor account
- Pepperstone Spread Betting account
- Pepperstone MAM/PAMM account
- Pepperstone Islamic account
- Pepperstone Professional account
Pepperstone Standard Account: Best for beginning traders
The Pepperstone Standard Account is designed for beginning traders. It offers access to over 1.200 assets, such as forex, indices, shares, commodities, ETFs, and cryptocurrencies. Pepperstone Standard Account offers floating spreads starting from 0.6 pips, without commission on trades, and supports MT4, MT5, and cTrader platforms.
The features of the Pepperstone Standard Account are listed below.
- Availability: Under CySEC, FCA, ASIC, DFSA, CMA, SCB.
- Markets: Forex, indices, shares, commodities, ETFs, cryptocurrencies (1200+ assets in total).
- Commissions: Floating spread from 0.6 pips. A rollover commission is applied on open positions overnight.
- Platforms: MT4, MT5, cTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, ASIC, DFSA), up to 1:400 (CMA), and up to 1:500 (SCB).
- Special features: Active Trader Program to earn discounts on trading commissions, it is ideal for professional traders or high-volume traders.
- Account opening: Demo account is valid for 30 days, and there is no minimum deposit to switch to a live account.
Pepperstone Razor Account: Best for scalpers and algo traders
Pepperstone Razor Account caters to scalpers and algorithmic traders to provide access to over 1200 assets and supports MT4, MT5, and cTrader platforms. Pepperstone Razor Account offers floating spreads from 0.0 pips plus a commission on trade and it is accessible under multiple regulatory bodies.
The features of the Pepperstone Razor Account are listed below.
- Availability: Under CySEC, FCA, ASIC, DFSA, CMA, SCB.
- Markets: Forex, indices, shares, commodities, ETFs, cryptocurrencies (1200+ assets in total).
- Commissions: Floating spread from 0.0 pips + a commission of $3.50 (MT4, MT5) or $3.00 (cTrader) per side per lot. A rollover commission is charged on positions held open for consecutive days.
- Platforms: MT4, MT5, cTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, ASIC, DFSA), up to 1:400 (CMA), and up to 1:500 (SCB).
- Special features: Active Trader Program to earn discounts on trading commissions, it is ideal for professional traders or high-volume traders.
- Account opening: There is a 30-day demo account; a live account requires no minimum deposit.
Pepperstone Spread Betting account: Best for UK traders
The Pepperstone Spread Betting Account is available exclusively to UK traders under FCA regulation, and allows tax-free spread betting on over 1,200 assets. Pepperstone Spread Betting Account offers spreads starting from 0.7 pips, with no commissions, and supports MT4, MT5, and cTrader platforms. The account permits trading from 1 micro lot, with leverage up to 1:30 for retail clients and up to 1:500 for professional clients.
The features of the Pepperstone Spread Betting Account are listed below.
- Availability: Under FCA.
- Markets: Forex, indices, shares, commodities, ETFs, cryptocurrencies (1200+ assets in total).
- Commissions: Spread starting value is 0.7 pips; open positions overnight entail a rollover fee.
- Platforms: MT4, MT5, cTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (retail clients), up to 1:500 (professional clients).
- Account opening: You can try a demo account for 30 days; to proceed to a live account there is a minimum deposit of $200.
Pepperstone MAM/PAMM Account: Best for trading under fund managers
The Pepperstone MAM/PAMM Account is designed for fund managers and their clients. It enables the management of multiple accounts from a single interface. Pepperstone MAM/PAMM Account offers customizable performance, management, and commission fees, and supports MT4 and MT5 platforms.
The features of the Pepperstone MAM/PAMM Account are listed below.
- Availability: Under CySEC, FCA, ASIC, DFSA, CMA, SCB.
- Markets: Forex, indices, shares, commodities, ETFs, cryptocurrencies (1200+ assets in total).
- Commissions: Customisable performance, management, and commission fees.
- Platforms: MT4, MT5.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, ASIC, DFSA), up to 1:400 (CMA), and up to 1:500 (SCB).
- Account opening: Each fund manager sets its own recommended minimum deposit.
Pepperstone Islamic Account: best for Muslim traders
The Pepperstone Islamic Account caters to traders of the Islamic faith by providing a swap-free trading environment. Pepperstone Islamic Account provides access to over 1200 assets on MT4, MT5, and cTrader platforms. Account opening necessitates a minimum deposit, with an Islamic demo account accessible for 30 days.
The features of the Pepperstone Islamic Account are listed below.
- Availability: Under CySEC, FCA, ASIC, DFSA, CMA, SCB.
- Markets: Forex, indices, shares, commodities, ETFs (1200+ assets in total).
- Commissions: Only floating spread from 1 pip.
- Platforms: MT4, MT5, cTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, ASIC, DFSA), up to 1:400 (CMA), and up to 1:500 (SCB).
- Special features: This account doesn’t charge swap fees.
- Account opening: Islamic demo account available for 30 days; live account requires a minimum deposit of $200.
Pepperstone Professional Account: Best for pro traders
The Pepperstone Professional Account is tailored for experienced traders who meet specific eligibility criteria. It offers higher leverage, lower margin requirements and additional benefits. Pepperstone Professional Account provides access to over 1,200 assets, with spreads starting from 0.6 pips and no commissions, and supports MT4, MT5, and cTrader platforms.
The features of the Pepperstone Professional Account are listed below.
- Availability: Under CySEC, FCA, ASIC, DFSA.
- Markets: Forex, indices, shares, commodities, ETFs, cryptocurrencies (1200+ assets in total).
- Commissions: You will be charged spreads starting at 0.6 pips; open positions for consecutive days are liable to rollover fees.
- Platforms: MT4, MT5, cTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500.
- Special features: Active Trader Program for cash rebates.
- Account opening: There is no minimum deposit.
How to compare the Pepperstone trading accounts?
The table to compare the Pepperstone trading accounts is shown below.
| Pepperstone Account Types | Minimum Deposit ($) | Minimum Spread (pips) | Volume-based Commissions | Overnight Fees | Minimum Trade Size (lots) |
|---|---|---|---|---|---|
| Pepperstone Standard Account | $0 | 0.6 | No commission | Yes | 0.01 |
| Pepperstone Razor Account | $0 | 0.0 | $3.50 (MT4/MT5) or $3.00 (cTrader) per side per lot | Yes | 0.01 |
| Pepperstone Spread Betting Account | $200 | 0.7 | No commission | Yes | 0.01 |
| Pepperstone MAM/PAMM Account | Custom by fund manager | Varies | Customizable fees | Yes | 0.01 |
| Pepperstone Islamic Account | $200 | 1.0 | No commission | No | 0.01 |
| Pepperstone Professional Account | $0 | 0.6 | No commission | Yes | 0.01 |
What are the requirements to open a Pepperstone account type?
The requirements to open a Pepperstone account are listed below.
- Contact requirements: the contact requirements of Pepperstone include a valid email address and a valid phone number
- Age requirements: The age requirements of Pepperstone state that you must be over 18 years old to open a live trading account
- Legal requirements: The legal requirements at Pepperstone involve compliance with KYC laws, necessitating identity verification
- Minimum deposit requirements: The Pepperstone minimum deposit is $0
- Regulatory requirements: The regulatory requirements at Pepperstone state that you must be a resident in a country where Pepperstone operates
- Knowledge requirements: The knowledge requirements of Pepperstone include answering a questionnaire about your experience and trading knowledge before offering complex products
Do Pepperstone account types charge inactivity fees?
No, Pepperstone account types do not charge inactivity fees. This is beneficial for long-term investors or traders who may not actively trade frequently, because they can avoid being charged for not using their accounts for an extended period. This policy provides clients with complete flexibility in how they manage their accounts.
An inactivity fee is a charge some brokers impose if a client does not make any buy or sell orders in their accounts for a given period. Pepperstone does not penalize traders for taking a break, so there’s no need to worry about such fees. A live trading account with a zero balance and no trading activity for 90 days will be archived.
Demo accounts are trial accounts with virtual money that allow traders to experience real-time market conditions without any financial risk. The Pepperstone Demo account is free and does not charge any inactivity fees.