Pepperstone Pro Account Review

logomark Luca Puddu calendar Last Updated: November 2021 timer 8 min read
Connect with us

If you have read our in-depth Pepperstone review you will already know the broker provides a great deal of features and services to all types of traders who open an account.

As a Pepperstone pro account holder though, you open up access to even more exclusive services you can benefit from. Here we will take a closer look at these exclusive services, and what you can expect from the pro account experience at Pepperstone.

Table of contents

Pepperstone Professional Account Exclusive Services

As a Pepperstone Professional account user, you will be entitled to some special and exclusive services that you would otherwise not receive. This includes being assigned your own personal relationship manager. This person will be in charge of answering any questions you may have as well as addressing any issues that come up. If you urgently need to close a trade you can also do this directly by phone.

Along with that, you will receive invitations to a variety of exclusive events, be able to place larger trades, and have access to a credit facility at Pepperstone that you can avail of.

Services you won’t keep with a Pepperstone Pro Account

There are a couple of services that you won’t retail access to as a pro account holder. These include the negative balance protection that is provided for all retail account holders and the access to any compensation funds as provided by the local regulator such as the ICF under ESMA rules.

Pepperstone Pro Accounts: An overview of the Pepperstone professional features available

You can visit the Pepperstone website if you want to have a full overview of the broker and everything they have to offer but here we will take a closer look at exactly what to expect from your Pepperstone Professional account.

Are you a Fund Manager? Here’s the Pepperstone MAM/PAMM offering

You will need to be a licensed fund manager or be a fund manager with at least 3 years of trading experience. Then you can have access to the Pepperstone MAM/PAMM accounts.

Here you will find an account with a minimum trade size from just 1 micro lot that provides trading through MT4 or MT5 trading platforms and allows you to have up to 100 sub-accounts that can be operated with 3 allocation methods, either by lot, percentage, or proportional.

With the Pepperstone MAM/PAMM account you will also be allowed to employ the use of EAs. If you are interested and you meet the above criteria and would like to open an account then you must contact the broker by filling the form at the Pepperstone MAM/PAMM webpage to get started.

Are you a professional Scalper? Discover the Pepperstone Razor Account

If you are a professional scalper then the Pepperstone Razor account may be perfect for you. This account provides ECN liquidity along with extremely low spreads from 0 pips, and low commissions at $3.50 per lot with the lightning-fast execution speeds you would expect.

There are many reasons this account type is popular among scalpers not least that the deep liquidity and fast execution helps avoid any requotes and slippage. Added to this, you can use algorithms and VPS to trade and scalp around the clock. For these reasons and more, a lot of scalpers choose to open a Pepperstone Razor Account for scalping (74-89% of retail CFD accounts lose money).

Are you an experienced Day Trader? Pepperstone is great for you

As an experienced day trader, you can benefit a great deal from the ECN liquidity, low spreads from 0 pips, and great commission of $3.50 per lot. These features can really help you get the most out of your day trading.

You have the choice of 2 Pepperstone account types both of which may be suited to your needs. One has a higher spread but no commission, while the other has lower spreads with a small commission per lot.

Of course, the choice is yours and will depend on your trading style, but many day traders choose to open a Pepperstone Razor account (74-89% of retail CFD accounts lose money) since it’s more flexible in what it can do and also has a great balance of excellent features.

Trading with High Volumes on Pepperstone: Is it worth it?

If you are trading at Pepperstone and looking to trade high volumes, then again, the broker could be the best place for you. At Pepperstone you can deposit and withdraw as much as you like and open positions of up to 100 lots which is huge.

You will also be able to benefit from low trading fees and low-to-no deposit or withdrawal fees that can allow you to move large sums of money at very low cost. In addition, you will have access to an excellent active trader program that guarantees rebates from 10% with a maximum amount that can be discussed with the broker.

As a high-volume trader, you will also have access to your own personal relationship manager to help you at every turn. All these features and more are available by opening a standard Pepperstone account if you are interested in getting started (74-89% of retail CFD accounts lose money).

VPS with Pepperstone: Algo Trading overview

Use of a VPS at Pepperstone is permitted for trading through MT4, MT5, and cTrader without problem. The broker does not offer their own VPS but you can engage a 3rd party VPS and while costs can vary depending on your provider, there may be a possibility to get this covered by the broker if you are trading high volumes. This can be discussed with your account manager.

A popular choice among those interested in a VPS is opening a Pepperstone Razor Account (74-89% of retail CFD accounts lose money) that can allow you to take full advantage of the Pepperstone ECN liquidity and fast execution. To open the account, you have to make your first Pepperstone Razor Account Minimum Deposit.

Pepperstone Pro account: Are Deposits and Withdrawals reliable?

As a professional or experienced trader, it may well be the case you are depositing large amounts of money. Reliability then is essential.

While there are no exclusive deposit and withdrawal benefits for professional clients, the system is well-organized, efficient, and reliable. Wire transfer, credit cards, and eWallets are all on offer to use, and with no fees in most cases besides $20 for clients outside the EU and Australia and a $1 eWallet fee.

Everything can typically be completed within a maximum period of 3-5 working days depending on the methods you selected and there are no minimum deposit or minimum withdrawal requirements so you are free to deposit and withdraw what you like.

Pepperstone rebate: Features of the Pepperstone Active Trader Program

Everyone who has traded enough is eligible to access the active trader program. You have to meet the minimum volume requirement for 3 straight months to join with Forex Pairs, indices, and commodities all taken into account for rebates and for the active trader program eligibility.

If you require and request it from the broker, they may also be able to offer a customized solution based on your trading needs. Below is more information on the 3 available tiers.

Tier Lots Traded Rebates per lot
1 Above 100 10%
2 200 to 500 15%
3 Over 500 Custom

Pepperstone Liquidity Providers: Slippage and Spread characteristics

Looking in more detail at the slippage and spread characteristics of Pepperstone of course you can see that they are an ECN broker with access to very deep liquidity from multiple providers.

This creates a situation where there are no requotes and almost no slippage except in very rare cases. Combining this with the low spreads on offer from 0 pips and a very good value round-turn commission of $7 per lot, it is easy to see why the broker is popular among traders and scalpers in particular.

Pepperstone Pro Account vs Pepperstone Retail Account

Some of the key differences between the Pepperstone Pro, and Pepperstone retail accounts are highlighted below. These include the increased leverage from 30:1 to 500:1 as well as a wider margin for professional traders. Note that with perfectly hedged positions, the required margin requirement is zero for professional traders, unlike retail traders.

Both account types still provide the same great spreads and order efficiency standards while as a retail trader you will have the added access to negative balance protection too. Rebates are also available on the pro side while premium treatments can include a personal account manager, priority customer service, and more.

Pepperstone key differences Pepperstone Pro Pepperstone Retail
Max Forex Leverage 1:500 1:30
Zero Margin for Hedged positions Yes No
Negative Balance Protection No Yes
Investor Compensation Fund No Yes
High-risk instruments Yes Yes
Spreads From 0 pips From 0 pips
Deposit fees No No
Withdrawals fees No No
Rebates Custom* No
Premium treatments Yes No

*Over 500 fx lots

Pros

  • No deposit or withdrawal fees are charged in most cases
  • Rebates are made available based on trading volume
  • Trading costs remain consistently low
  • Excellent liquidity is offered
  • Customer service is dedicated and professional
  • Additional premium services are provided
  • Credit facilities are made available to professional traders
  • The broker has a Refer a Friend Scheme in place

Cons

  • You lose negative balance protection that is provided to retail traders
  • There are no additional fee discounts on money transfers

Visit Broker
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 InvestinGoal.com 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.


Leave a Reply

Your email address will not be published. Required fields are marked *

Keeping you better informed

Find and Compare the Best
Online Brokers for You

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2021 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Sitemap