Pepperstone Minimum Deposit Guide (2021)

logomark Luca Puddu calendar Last Updated: November 2021 timer 7 min read
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One of the very first things you will likely do after having read our Pepperstone review, is to open a Pepperstone account.

But now you may be asking yourself what is the Pepperstone minimum deposit and how does the pepperstone account funding work.

The process is quite easy and straight-forward, including the choice of the deposit method and the Pepperstone base currency.

In this article you will find the following information:

  • The Pepperstone minimum deposits depending on the account chosen
  • A Step-by-step tutorial on how to fund your pepperstone account
  • Useful information about the account funding (fees, base currencies & deposit methods)

But let’s take one step at a time and let’s go straight to the point

Table of contents

What is the Pepperstone Minimum Deposit?

The Pepperstone minimum deposit is 0 USD across each account offered by the broker, including the standard one, and on top of this Pepperstone does not charge additional fees to the funding.

However it’s not possible to trade without money. That’s why pepperstone suggests investing at least 200 units of the currency you are going to deposit with.

The account funding can be completed through wire transfers, credit card deposits or even through the eWallets supported.

Features Pepperstone Minimum Deposit
Pepperstone Standard Account 0 USD
Pepperstone Razor Account 0 USD
Deposit Fees No
Withdrawal Fees No
Base Currencies AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD

If by now you already know everything you should know, you can follow the link to the Pepperstone website and open a Pepperstone account (74-89% of retail CFD accounts lose money).

Pepperstone Razor Account Minimum Deposit

The Pepperstone Razor account is the most recognized Pepperstone Account Types, and it’s available to traders all over the world

The minimum deposit for a Pepperstone Razor account is 0 USD, even for other base currencies that Pepperstone made available.

Holders of Razor accounts can benefit from an even more competitive low pepperstone spread although commissions are added to trades on this account which can be high depending on your trading patterns and plans. Not many know though, that the broker has an Active Trader Program in place like we’ve explained in our Pepperstone professional account review.

Again here, Pepperstone Islamic accounts are available to anyone who requires them. All you have to do is contact the Pepperstone support team to approve your request.

You should know that many brokers provide swap free accounts. If you want to discover which brokers offer Islamic accounts, you should definitely read our swap free islamic forex brokers top ten.

If you are looking for extremely low spreads (0,09 pips on EUR/USD on average), deep liquidity and fast order executions (30ms on average), visit Pepperstone and open a Pepperstone razor account (74-89% of retail CFD accounts lose money).

Pepperstone Spread Betting Account Minimum Deposit

The Pepperstone spread betting account is currently available to UK and Irish traders only. The minimum deposit on this type of account is $200.

Spread betting with Pepperstone you will find the spread remains very competitive starting from 0 pips and you will have an excellent range of more than 180 assets to spread bet on.

If you are interested in spread betting and would like to learn more, we have written a very useful uk spread betting forex brokers top ten, which highlights the brokers that are the best for spread betting and provides you with all the additional information you may need to get started.

Otherwise, you can visit the Pepperstone website to open a Pepperstone razor account (74-89% of retail CFD accounts lose money).

How to fund your Pepperstone Account: Step by Step tutorial

1. Create a Pepperstone account

Whether you’re interested in a Pepperstone Demo or Live account, the first step is always visiting the pepperstone website (74-89% of retail CFD accounts lose money).

From here, select what kind of account you wish to open. If you are ready to create and fund your pepperstone account, select “Open an account”, otherwise select “to Demo” (30 free trial days) if you want to try out the broker first.

2. Login into the client area

Once you’ve created your Pepperstone Account, it’s time to login into the client area. The broker will redirect you to the client area upon the registration, but in case it doesn’t happen, just go to the homepage of the broker and select the top-right corner option “login into client area”.

Then, just type in the email and password you’ve chosen, and you’ll be ready for your first login.

3. Verify the Pepperstone account

When you’ve logged in, the second step consists in going to the “account” section and select “live”. You will find a message saying “Please complete the application process to create a live trading account”.

Click the link on “application process” and fill the questionnaire. You will be asked to provide personal information as well as other information on your wealth and knowledge about forex and CFDs.

Additionally, you will be required to provide a Proof of Address (ID or Passport) and a Proof of Identity (Bank statement).

Since Pepperstone complies to local and international financial regulators, these questions are asked according to the laws and rules Pepperstone has to follow.

If you face any doubt or problem, you can always contact Pepperstone through their live chat by simply clicking the button on the bottom-left corner of the screen.

4. Fund your Pepperstone Account

Once the questionnaire is filled and you’ve confirmed it to Pepperstone, it’s time to finally deposit money.

Visit the “Funds” page and select “add funds”.

It’s important to note though, that the verification may take time to be accepted by pepperstone. So until then, you will see a message encouraging you to complete the verification process though you’ve just completed it.

Once everything will be set, here you will be able to select both the amount and the deposit method, as well as useful information on how to fund the Pepperstone account correctly.

5. Wait for the Pepperstone Approval

Usually a deposit with Pepperstone, depending on the payment method chosen, may take between 2 and 5 business days to be completed. It’s worth noting that the first deposit with every broker is usually slower than the following ones.

Once your Account funds are deposited in the segregated bank account (meaning that Pepperstone cannot use them or prevent you from withdrawing them), you will be able to withdraw them whenever you wish. The process is the same: go to the “fund” page and select “withdraw funds”.

Pepperstone Account Base Currency

The Pepperstone base currency depends on the regulation of the region you are trading within. This should be known from your registration process.

Choosing one is very simple. All you have to do is log in into your client area and request a live or demo account depending on your preference and skill level. During the account opening process, you will be asked to choose a base currency, just like we are showing in the picture below.

If you are based within Europe or the UK then the USD, GBP, EUR, or Swiss Franc will all be viable options open to you as a base currency. If you are elsewhere and operating under global regulation these methods will also remain available.

The difference is that more base currency options will open to you if you are based under the global market regulation. These extra options include JPY, AUD, CAD, NZD, SGD, and Hong Kong Dollar based on your location.

As you can see, when it comes to Pepperstone base currency, you have many choices to select from.

Pepperstone Funding and Deposit Methods

The next thing to look at if you are trading with Pepperstone or any other top brokers are the funding methods that are made available to you. It is in your best interest to make sure what is available from your broker fits your needs.

Let’s take a look at the Pepperstone deposit methods you have at your disposal:

Pepperstone Bank Transfer Deposits

Pepperstone deposit by bank transfer is of course possible. This method is available worldwide regardless of your account location.

The minimum deposit with Pepperstone if you do wish to use a bank transfer is only $5 although considering that it will take a few days to arrive and although Pepperstone does not charge a fee (which is a great news if you want to open a Pepperstone Professional Account), you may well receive one from your financial institution, you would be best to make it a larger deposit than the $5 minimum.

Pepperstone Credit Card Deposits

Credit card deposits are available with Pepperstone as they are with almost all other major brokers in the world. These deposits again are available worldwide.

You can deposit through either Visa or Mastercard depending on your preference. The minimum deposit here is $5 again, although a fee may be applied.

This fee which may be applied depends on your country from which you are trading, so you could be trading from a place with no fees or you may incur one. Either way, the fee which you do incur will be a small one, and not enough to discourage trading or deposit with credit cards.

Pepperstone eWallet Deposits

As with many top brokers these days, Pepperstone eWallet deposit options are available to you as a trader. With that said, these options are only open to you if based outside of Europe.

If that is the case then you will have the choice between PayPal, Neteller, and Skrill to make your deposit based on area. Again, the minimum deposit for these methods is $5. To have a clearer picture on the matter, we created a very helpful post which you should take a look at, our PayPal forex brokers top 10.

You will also be pleased to note that if you do choose to deposit using an eWallet, there will be no fees at all taken from the Pepperstone deposit side.

Pepperstone Other Methods Deposits

There are a variety of other deposit methods available to Pepperstone traders. Again these will depend on where you are based. An example here is POLi, BPay, and Union Pay which are all available but only if you are located outside Europe.

Locally depending on your region and specific are within that region, you may find other Pepperstone deposit methods like Clickpat, Ecash and ATM deposit available, but these will be highly dependent on you location and fees may vary.

At this time it is not possible to fund your Pepperstone account with Bitcoin or any other type of cryptocurrency.

pepperstone account platforms

Pepperstone Minimum Deposit vs Other Brokers

Pepperstone’s minimum deposit amount is a good deal for you as a trader. Here in the table below, we compared Pepperstone with two other trustworthy brokers for you to take a look at.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money

Feature Pepperstone Admiral Markets eToro
Min. deposit $0 ($200 recommended) $100 ($1 for AM Invest Account) $200
Bank Wires Yes Yes Yes
Credit/Debit Cards Yes Yes Yes
PayPal Yes No No
Number of dep. methods 9 10 10

Pepperstone No Deposit Bonus: Is it available?

At this time, Pepperstone bonus amounts are not available to any traders under CySEC and FCA regulation due to the strict rules which they impose to ensure best practice. If you’re interested to go deeper into the bonus topic, you can read our forex broker bonus promotions review.

However Pepperstone never offer this kind of bonus, not even under other regulatory bodies where these are allowed. On the other hand what Pepperstone does offer is a Rebate program for Professional High volume traders.

Pepperstone Minimum Deposit FAQs

How do I fund my pepperstone account?

You have to verify your Pepperstone account first. Then, log in into the Clients Area and select the amount of money you want to deposit along with the payment method (wire transfer, credit card or eWallets).

Does pepperstone accept M-Pesa?

Though Pepperstone is regulated and available in Kenya, at the moment it does not accept M-Pesa as currency to fund your account. If you cannot fund the account with other currencies, try contacting Pepperstone through the Clients Area in order to find the best solution for you.

How long does it take to withdraw from Pepperstone?

The time it takes to make your Pepperstone withdrawal depends on the withdrawal method you choose. Many can be completed very quickly within a couple of days though a bank wire transfer can take 3-5 working days to reach your account.

Does pepperstone accept M-Pesa?

Though Pepperstone is regulated by CMA, it does not accept M-Pesa as a method to fund your account. With that being said,  you can find a good amount of other funding methods you can choose from.

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74-89% of retail investor accounts lose money when trading CFDs

About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.

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