Security 94
Cost 78
Trading 100
Education 71
Rated: High

Pepperstone is an online brokerage firm founded in 2010 in Melbourne, Australia, and is part of the Pepperstone Group.

Pepperstone offers CFD (Contract For Difference) trading on Forex (Foreign Exchange) pairs, commodities, indices, currency indices, cryptocurrencies, shares and ETFs. Pepperstone is a globally award-winning company dedicated to providing trading services on plenty of account types and trading platforms, catering to both novice and experienced traders.

The Pepperstone brand operates globally, accessible in many countries, albeit with certain regional restrictions.

This review focuses on Pepperstone’s offerings, and any regional variations will be clearly mentioned as they arise.

Table of Content

Is Pepperstone a good broker?

Yes, Pepperstone is a good broker, especially for those new to trading, as Pepperstone offers demo accounts, requires a low minimum deposit, and provides a variety of educational resources suitable for traders at any level.

Pepperstone is also well-suited for day trading on Forex and CFDs, offering a wide range of over 90 Forex pairs and 1200 CFD assets. With competitive spreads starting from 0 pips and a $7/lot round turn commission, it caters well to active traders.

Additionally, Pepperstone is favourable for scalping, thanks to its Razor account which features raw spreads from 0 pips and rapid execution times of 30ms.

Lastly, Pepperstone supports multiple trading platforms including MT4, MT5, cTrader, and TradingView, enhancing its appeal to a broad range of traders.

Homepage of the Pepperstone website

Is Peppestone good for beginners?

Yes, Pepperstone is good for beginners.

They offer a demo account, require a low minimum deposit, and provide a range of educational tools catering to traders of any level. These tools include online trading guides, educational videos and webinars.

Is Pepperstone good for day trading on Forex and CFDs?

Yes, Pepperstone is a good broker for day trading on Forex and CFDs.

At Pepperstone you can find over 90 Forex pairs and 1200 CFD assets, including commodities, indices, currency indices, cryptocurrencies, shares and ETFs. Forex spreads start from 0 pips and there’s a $7/lot round turn commission. Here you can also have access to MT4, MT5, cTrader and TradingView platforms.

Is Pepperstone good for scalping?

Yes, Pepperstone is good for scalping.

The Pepperstone Razor account features raw spreads from 0 pips (average spread on EUR/USD is 0.09 pips) and a trading volume commission of $7/lot round turn. They also offer fast execution times of 30ms and the option to automate trades with Expert Advisors (EAs).

Is Pepperstone good for demo trading?

Yes, Pepperstone is good for demo trading.

They offer a renewable demo account valid for 30 days with a personable virtual balance up to $100,000 and real-time data.

Is Pepperstone good for trading with the cTrader platform?

Yes, Pepperstone is good for trading with the cTrader platform.

Pepperstone supports the cTrader on all account types with the only exception of the Pepperstone MAM/PAMM account. Pepperstone makes the cTrader platform available as a webtrader, desktop and mobile app.

Is Pepperstone good for copy trading?

No, Pepperstone is not good for copy trading.

However, Pepperstone features copy trading through Signal Start, MetaTrader Signals and DupliTrade integrations.

Is Pepperstone good for Islamic trading?

Yes, Pepperstone is good for Islamic trading, even though it is not the best choice in the Forex industry.

Spreads on the Pepperstone Islamic account is 1.2 pips on average for the EUR/USD Forex pair with no attached trading volume commission. Pepperstone imposes an admin charge of $100/lot, for trades held continuously for more than 5 days.

Is Pepperstone good for long-term investing?

No, Pepperstone is not good for long-term investing.

Pepperstone is a CFD (Contract For Difference) broker and applies overnight fees, which are not favourable for long-term investment strategies.

What are the Pepperstone key features?

The key features and main characteristics of Pepperstone are listed below:

  • CFD and Forex trading: Pepperstone is a CFD broker. Here you can trade around 1200 CFDs as Forex pairs, commodities, indices, currency indices, cryptocurrencies, shares and ETFs. Spreads on Forex start from 0 pips depending on account type.
  • Raw spreads: Pepperstone offers raw spreads on their Razor Account. This account offers spreads from 0 pips (0.09 pips on average on EUR/USD) and charges a trading volume commission of $7/lot round turn.
  • VPS Hosting: Pepperstone offers VPS services through ForexVPS and New York City Servers. You have a 25% discount for any VPS plan by joining Pepperstone. For more information on the Pepperstone VPS plans, have a look at our dedicated article.
  • Active Trader Program: Professional traders on Pepperstone can join this program to get rebates on each trade and discount on spreads and trading volume commissions.
  • Premium client service: High-volume traders (at least $15 millions in volume over the last 2 quarters) can access several benefits including priority access to customer support, an invitation to Pepperstone Premium Events, enhanced trading tools and detailed market insights.
  • Spread betting: exclusive to traders in the UK and Ireland offering an average EUR/USD spread of 0.70 pips and is available with all the Pepperstone trading platforms.

The major attributes and qualities of Pepperstone can be found in this table below:

Area of regulation
UK, Australia, Dubai, Europe (Cyprus and Germany) Offshore (Bahamas), Kenya
Trading fees rating
Inactivity fee
Withdrawal fees
Minimum deposit
Time to open an account
3 days on average
Wire transfer deposits
eWallets deposits
Account base currencies supported
Demo account provided
Products offered
CFDs on Forex, commodities, indices, currency indices, cryptocurrencies, shares, and ETFs

What can’t be done on Pepperstone?

The things and actions you can’t do at Pepperstone are listed below:

  • Pepperstone doesn’t offer an unlimited demo account: demo accounts last only 30 days on Pepperstone and get cancelled after this period. It is possible to create an unlimited number of demo accounts.
  • Pepperstone isn’t available in the USA and Canada: Pepperstone is regulated in 7 jurisdictions however trading services are not available for traders resident in the USA and Canada.

If you’re looking for one of these features, you might be wanting to look for Pepperstone alternatives.

What are the Pepperstone pros and cons?


  • Has obtained licences from 7 regulatory bodies worldwide
  • Stable raw spreads (0,09 pips on EUR/USD on average)
  • Very low trading costs overall
  • Caters for algorithmic trading
  • Wide range of trading platforms available
  • Has won over 30 forex industry awards


  • The demo account is not unlimited

Is Pepperstone regulated?

Yes, Pepperstone Group is regulated by FCA (684312), ASIC (414530), DFSA (F004356), CySEC (388/20), BaFin (151148), SCB (SIA-F217), and CMA (128).

Pepperstone is ESMA compliant due to the CySEC (Cyprus Securities and Exchange Commission) regulation and can provide trading features all over Europe thanks to the European passporting system for companies.

The Pepperstone Group entities with the licenses obtained across all their entities from the regulatory bodies around the world, can be found below:

Pepperstone Group Entity Regulatory Body License Number Country Pepperstone Group Entity Address
Pepperstone Limited FCA (Financial Conduct Authority) 684312 UK 70 Gracechurch St, London EC3V 0XL, United Kingdom
Pepperstone Group Limited ASIC (Australian Securities and Investments Commission) 414530 Australia Level 16, Tower One, 727 Collins Street, Melbourne VIC 3008, Australia
Pepperstone Financial Services (DIFC) Limited DFSA (Dubai Financial Services Authority) F004356 United Arab Emirates Al Fattan Currency House, Tower 2, Level 15 – Office 1502A, DIFC Dubai, United Arab Emirates
Pepperstone EU Limited CySEC (Cyprus Securities and Exchange Commission) 388/20 Cyprus (Europe) Myronos Street 3, 3035, Limassol, Cyprus
Pepperstone GmbH BaFin (Federal Financial Supervisory Authority) 151148 Germany Neubrückstrasse 1, 40213 Düsseldorf
Pepperstone Markets Limited SCB (Securities Commission of The Bahamas) SIA-F217 The Bahamas Sea Sky Lane, B201 Sandyport, Nassau, New Providence, The Bahamas
Pepperstone Markets Kenya Limited CMA (Capital Markets Authority) 128 Kenya The Oval Ring Road, Westlands, P.O Box 2905-00606, Nairobi, Kenya

Is Pepperstone legit?

Yes, Pepperstone is legit and it is not a scam.

Pepperstone is a trusted and global brokerage firm for online Forex and CFD trading established in 2010. Over the years, Pepperstone has grown a solid reputation in the industry, becoming a favoured option for traders worldwide.

Pepperstone is part of Pepperstone Group, and the headquarter is located in Level 16, Tower One, 727 Collins Street, Melbourne, VIC 3008, Australia.

Pepperstone has a substantial global presence, evidenced by its offices and licensing in various countries, including the United Kingdom, United Arab Emirates, Cyprus, Germany, Bahamas, and Kenya. This widespread international operation signifies its considerable footprint across the globe.

Is Pepperstone safe?

Yes, Pepperstone is deemed safe (though this does not guarantee future outcomes) due to its compliance with stringent regulatory and financial guidelines. This ensures the safety of clients’ funds, deposits, and withdrawals. Pepperstone employs measures like segregated bank accounts to safeguard client funds.

Additionally, Pepperstone prioritises data security by encrypting data in transmission and storage, thus protecting confidential information. Pepperstone also utilises, and employs technologically solid trading platforms like MetaTrader and cTrader, known for their reliability.

Has Pepperstone won any industry awards?

Yes, Pepperstone won numerous awards, accumulating over 30 awards throughout its history.

Among the latest achievements in 2023 are the “Best MT4 Broker” award by the Good Money Guide.

Furthermore, in 2021, Pepperstone received several prestigious awards from InvestinGoal, such as “Best Broker in the World,” “Best cTrader Broker,” “Best Scalping Broker,” and “Best Broker in Australia.”

The awards won by Pepperstone

How does Pepperstone protect clients’ money?

Pepperstone and all entities within the Pepperstone Group secures client funds by using segregated bank accounts in renowned banks such as Barclays and Natwest. This approach provides a safeguard against potential losses due to the broker’s insolvency or bankruptcy.

Pepperstone also offers Negative Balance Protection to all its clients (traders under the regulation of the SCB and CMA are excluded), ensuring that traders’ losses will not exceed their initial deposits.

In the European Union and the United Kingdom, this protective measure is further strengthened by the inclusion of the ICF (Investor Compensation Fund) and the FSCS (Financial Services Compensation Scheme). These provide insurance coverage of up to €20,000 or £85,000, respectively, in the rare event that Pepperstone is unable to fulfil its financial obligations. Consequently, this offers an additional layer of security for clients’ investments and reduces the risk of losing more than their initial investment.

Who is the CEO of Pepperstone?

The Pepperstone CEO is Tamas Szabo (born in April 1974 in Australia), since 2017.

How to use Pepperstone?

In order to use Pepperstone you have to respect the following requirements:

  • Be legal of age in your own country.
  • Make sure Pepperstone is allowed in your country.
  • Verify your identity.
  • Deposit a minimum amount of money.

In Which Countries is Pepperstone not Available?

Pepperstone does not accept traders from the following countries:

    • Democratic Republic of Congo
    • Eritrea
    • Ivory Coast
    • Liberia
    • Libya
    • Somalia
    • Sudan
    • Zimbabwe
    • DPR Korea
    • Iran
    • Iraq
    • Lebanon
    • Myanmar
    • Japan
    • Syria
  • What are the Pepperstone account base currencies?

    The Pepperstone account base currencies include AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD.

    The selection of the account base currencies may be slightly limited depending on your area and the Pepperstone Group entity you are trading with.

    Pepperstone may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected.

    What is the Pepperstone minimum deposit?

    The Pepperstone minimum deposit is $0 for all clients, though the broker recommends an amount of $200 to start.

    To comply with the Pepperstone deposit, you can use payment methods such as bank wires, credit/debit cards and ewallets. Your funds will be ready on the Pepperstone account almost instantaneously, except for the bank wire deposits which may take up to 3 business days to get through.

    Pepperstone does not charge any fee on deposit and withdrawal. However, you might get charged by your bank or payment provider or incur a currency conversion fee from Pepperstone if your account base currency does not match with the deposit or withdrawal.

    For more information you can have a look at our detailed guide about Pepperstone deposit.

    The Pepperstone minimum deposit and requirements are listed in this table below:

    Minimum deposit $0
    Deposit fees No
    Deposit methods Wire Transfer, MasterCard, Visa, POLi, BPay, PayPal, Neteller, Skrill, Union Pay
    Deposit Processing Time Up to 3 business days

    What are the Pepperstone deposit and withdrawal methods?

    Pepperstone offers a variety of options for deposits and withdrawals, such as bank wire transfers, credit and debit card transactions (including Visa and Mastercard), ewallets like Neteller and Skrill, and various other localised methods.

    The Pepperstone withdrawal methods are listed below:

    • Wire Transfer
    • MasterCard
    • Visa
    • POLi
    • BPay
    • PayPal
    • Neteller
    • Skrill
    • Union Pay

    Keep in mind though, that some of these payment methods may be available only in specific countries or world regions. Additionally, the Pepperstone withdrawal method must be the same used for depositing funds.

    Pepperstone does limit a minimum withdrawal amount for International Bank Wire Transfers. This will be shown when you finalise your withdrawal request in the secure client area. Instead, when you have open trades on your account, you can only withdraw up to 90% of your free margin, which can be found under the ‘Trade’ tab in your MT4/5 Terminal and on the bottom the ‘Positions’ tab in your cTrader platform.

    Pepperstone does not charge any withdrawal fee on its part except for international bank wires which are approximately $20.

    Are withdrawals secure and fast on Pepperstone?

    Pepperstone withdrawals are secure, but can take a bit of time requiring up to 3 business days to get through.

    Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want. In order to ensure a smoother process, which can make your Pepperstone withdrawals faster to some extent, make sure your KYC information on Pepperstone (i.e. your personal information provided) is up to date.

    Are there bonuses or promotional offers on Pepperstone?

    No, Pepperstone does not offer any bonus or promotional offer to its traders.

    Keep in mind that bonus and promotional offers may apply only under the regulation of the SCB (Securities Commission of The Bahamas), the CMA (Capital Markets Authority) in Kenya and the DFSA (Dubai Financial Services Authority).

    Bonuses and promotional offers are strictly forbidden to traders residing in the EU, UK and Australia due to the local regulatory framework.

    What are the Pepperstone account types?

    Pepperstone provides a variety of account types to suit the needs of any trader. The Pepperstone account types can be found in this table below:

    Pepperstone account type Minimum deposit Base currency Spreads from Trading volume commissions Platform
    Standard account $0 AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD 1 pip $0 MT4, MT5, cTrader
    Razor account $0 AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD 0 pips $7/lot round turn commission MT4, MT5, cTrader, TradingView
    Professional account $0 AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD Undisclosed $0 MT4, MT5, cTrader, TradingView
    Islamic account $0 AUD, EUR, GBP, USD 1 pip $0 MT4, MT5, cTrader
    MAM account $0 AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD Undisclosed $0 MT4, MT5
    Spread Betting account $0 GBP 0 pips $0 MT4, MT5, cTrader, TradingView

    Pepperstone Demo Account

    The Pepperstone demo account is a virtual trading account that allows traders to test the Pepperstone service for free and without risk.

    Pepperstone demo account allows testing your Forex strategies and platforms for a limited time of 30 days. However, you are free to open new demo accounts when needed.

    Upon opening the Pepperstone demo account you can start with a personalised virtual balance of up to $100,000.

    Pepperstone Standard Account

    The Pepperstone Standard account is a trading option for retail clients available to any trader.

    The Standard account provides access to all Pepperstone instruments with the minimum trading size available of 0.01 lots, which is equal to a micro lot.

    Standard account includes transactions and balances in AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD or HKD (selection may be limited due to the Pepperstone Group entity), with a minimum deposit requirement of $0.

    The Pepperstone Standard account offers spreads starting from 1 pip, which is in line with the industry standard, and no attached trading volume commissions.

    The amount of leverage traders can use within the Standard account depends on the Pepperstone Group entities as follows:

    • Up to 1:500 on Forex trades under the regulation of SCB (Securities Commission of The Bahamas;)
    • Up to 1:400 on Forex trades under the regulation of CMA (Capital Markets Authority) in Kenya;
    • Up to 1:30 on Forex trades under the regulation of CySEC (Cyprus Securities and Exchange Commission) in the EU, FCA (Financial Conduct Authority) in the UK, ASIC (Australian Securities & Investments Commission) in Australia, and DFSA (Dubai Financial Services Authority) in Dubai.

    The Pepperstone Standard account supports MT4, MT5, and cTrader trading platforms, catering to a range of trader preferences. Additionally, it’s available as a swap-free option for Islamic traders.

    Pepperstone Razor Account

    The Pepperstone Razor account is available for any clients and is good for scalping featuring raw spreads and fast execution times.

    The Razor account provides traders access to all Pepperstone trading instruments, with a minimum trade size of 0.01 standard lot (i.e. 1 micro lot).

    The base currency options within the Pepperstone Razor account include AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD or HKD, though the selection may differ depending on the Pepperstone Group entity.

    The Pepperstone Razor account requires a minimum deposit of $0 which makes it readily accessible.

    The Pepperstone Razor account offers spreads starting from 0 pips, with a trading volume commission of $7/lot round turn, which is in line with the industry standard commission.

    The maximum leverage traders can avail of in the Razor account directly depends on the Pepperstone Group entities as follows:

    • Up to 1:500 on Forex trades under the regulation of SCB (Securities Commission of The Bahamas;)
    • Up to 1:400 on Forex trades under the regulation of CMA (Capital Markets Authority) in Kenya;
    • Up to 1:30 on Forex trades under the regulation of CySEC (Cyprus Securities and Exchange Commission) in the EU, FCA (Financial Conduct Authority) in the UK, ASIC (Australian Securities & Investments Commission) in Australia, and DFSA (Dubai Financial Services Authority) in Dubai.

    Traders using the Pepperstone Razor account can choose between the MT4, MT5, cTrader and TradingView trading platforms.

    Pepperstone Professional Account

    The Pepperstone Professional account is built for professional traders and is available for any client, except for traders residing in Kenya under the regulation of the CMA (Capital Markets Authority).

    By qualifying as a professional trader you lose some retail protection such as the Negative Balance Protection and limited leverage. Professional traders have a higher leverage up to 1:500 on Forex.

    Professional traders have the ability to join the Pepperstone Active Trader Program in order to receive rebates from high volume trading, discount on trading volume commission up to $3/lot and spread reduction up to 30%.

    Every other aspect of trading conditions, account features, and functionalities remains unchanged. Your funds will still be securely held in a segregated trust account at a Tier 1 global bank.

    Pepperstone Islamic Swap-free Account

    The Pepperstone Islamic account is specifically designed for traders of Islamic faith that can’t receive or pay swaps, according to the Shariah Law. Islamic accounts are also known as swap-free accounts).

    Islamic Swap-free account is available for any client of the following countries: Albania, Azerbaijan, Bangladesh, Burkina Faso, Bahrain, Brunei, Brunei Darussalam, Algeria, Egypt, Guinea, Indonesia, Jordan, Kyrgyzstan, Kuwait, Morocco, Mauritania, Maldives, Malaysia, Niger, Oman, Pakistan, Palestinian Territory, Qatar, Sierra Leona, Chad, Tajikistan, Turkmenistan, Tunisia, Turkey, Uzbekistan, and Kosovo.

    However, you should contact the Pepperstone customer service for the procedure of opening the Islamic account.

    The Islamic account supports only AUD, EUR, GBP and USD as base currency and Pepperstone suggests a minimum deposit of $200.

    Spreads on the Islamic account are slightly higher than regular accounts with an average spread of 1.2 pips on the EUR/USD Forex pair, which is 20% higher than the industry standard of 1 pip.

    Trades on this account are not subject to swap fees or rollover fees. However, Pepperstone levies a fixed admin charge of $100/lot from the account’s balance when a trade has been held for 5 consecutive days.

    Traders can choose between the MT4, MT5 and cTrader trading platforms within the Pepperstone Islamic Swap-free account.

    Pepperstone MAM/PAMM Account

    The Pepperstone MAM/PAMM account type is the best choice for investors that want to join the market but let someone else manage trading activity and for qualified and experienced fund managers with a relevant licence allowing to manage over 100 sub-accounts in real time from a centralised account.

    Pepperstone provides flexible performance fees (charged monthly), management fees (billed annually), and commission fees (applied daily).

    The minimum trading volume established is 0.01 of a standard lot (equivalent to 1 micro lot) for each client. Accepted order types include Trailing Stop, Close By, and Close All.

    Lastly, the Pepperstone MAM/PAMM software integrates with the MetaTrader server limiting the trading platforms to MT4 and MT5 only.

    Pepperstone Spread Betting Account

    The Pepperstone Spread Betting account is exclusively for traders residing in the United Kingdom and Ireland, under the regulation of the FCA (Financial Conduct Authority).

    The only account base currency to open the Spread Betting account is the GBP and Pepperstone recommends a minimum deposit of $200.

    The Pepperstone Spread Betting account features an average spread of 0.70 pips on the EUR/USD Forex pair with an execution order speed of approximately 30ms.

    Spread Betting account supports the MT4, MT5, cTrader and TradingView trading platforms.

    Can I test all Pepperstone account types with a demo account?

    You can test the Pepperstone Standard and Razor account types with a demo account.

    As of today, there are three Pepperstone account types that do not offer a demo account, and these are theSpread Betting account, the demo MAM/PAMM account.

    Islamic traders, however, don’t have to worry about not having a demo account for them, as the demo account is halal per se, as both earning, losses and fees are virtual.

    What are the fees on Pepperstone?

    The fees and commissions charged by Pepperstone are listed below:

    • Spreads: Spread on Pepperstone starts from 0 pips on the Razor account. Other accounts charge higher spreads from 1 pip on the Standard account.
    • Volume-based commissions: $7/lot round turn commission on Forex trading when using the Pepperstone Razor account.
    • Overnight fees: Pepperstone does charge an overnight fee unless you have a Islamic swap-free account.
    • Inactivity fees: Pepperstone does not charge any inactivity fee.

    For more information on the Pepperstone spreads and fees, read our comprehensive guide.

    How good are Pepperstone trading spreads and commissions?

    The Pepperstone average cost per trade is $8,54, calculated as an average across all Pepperstone account types (14,55% cheaper than the average cost per trade industry standard of $10), considering a 1 lot volume trade on the EUR/USD Forex pair.

    The cheapest account on Pepperstone is the Razor account with average spreads of 0.09 pips on the EUR/USD Forex pair and $7/lot round turn commission which is in line with the standard industry commission of $7/lot. The cost per trade on the Razor account is $7.09 on average.

    The Pepperstone Standard account has average spreads of 1 pip on the EUR/USD Forex pair with no attached trading volume commission. The cost per trade on the Standard account is $10 on average.

    The Pepperstone trading costs for each account type available can be found below:

    Pepperstone account type Spreads from Commission Total commission per trade Industry standard
    Standard account 1 pip $0 $10/lot In line
    Razor account 0.09 pips $7/lot $7.09/lot 21% cheaper

    The Pepperstone trading spreads and commissions on different markets can be found below:

    Asset type Spreads/Commission
    Forex Spreads from 0 pips
    Commodities Spreads from 0.5 pips
    Indices Spreads from 0.4 pips
    Cryptocurrencies Spread from 0.001 pips
    Stocks Commission of 0.02 USD per share
    ETFs Commission of 0.02 USD per ETF

    What type of broker is Pepperstone?

    Pepperstone is a CFD (Contract For Difference) broker with execution style based on ECN (Electronic Communications Network) and STP (Straight-Through Processing) models.

    Pepperstone serves as the link between you and the liquidity providers allowing for fast order execution speed and some of the best possible prices on assets.

    How does Pepperstone make money?

    Pepperstone generates revenue through spreads, trading commissions, overnight fees, currency conversion fees and additional trading services. They also make money through B-Book execution policies.

    A significant portion of their income comes from the spreads applied to all account types and from trading volume commissions, which are $7/lot round turn on the Razor account. Additionally, Pepperstone accrues earnings from swap fees charged on positions held open overnight.

    Another source of revenue for Pepperstone is from supplementary services such as VPS (Virtual Private Server) hosting. This service requires a separate subscription and may offer discounts of up to 25%.

    Pepperstone also benefits from B-book execution policies, where Pepperstone acts directly as the counterparty in some trades. In these instances, Pepperstone profits from the losing trades of its clients.

    However, it’s important to note that Pepperstone is not a publicly traded company. Consequently, specific details about its methods of revenue generation and its earnings are not publicly disclosed.

    What assets can you trade on Pepperstone?

    On Pepperstone you can trade over 1200 CFD (Contract For Difference) assets in different markets such as Forex, commodities, indices, currency indices, cryptocurrencies, shares, and ETFs.

    Some assets are unavailable for trading, depending on the Pepperstone Group entity and the status of clients (retail or professional traders). Such is the case of cryptocurrencies that are unavailable for retail traders residing in the EU, UK and Australia.

    The CFD assets available per market on Pepperstone can be found below:

    Market Number of assets
    Forex 90+
    Commodities 15+
    Indices 20+
    Currency indices 3
    Cryptocurrencies 20+
    Shares 1000+
    ETFs 100+

    Pepperstone popular assets

    What is the maximum leverage available on Pepperstone?

    The maximum leverage available on Pepperstone is 1:500 under the regulation of the SCB (Securities Commission of The Bahamas).

    Within Kenya, the maximum leverage allowed is up to 1:400 on Forex due to the regulation of the CMA (Capital Markets Authority).

    EU, UK, and Australian traders have a maximum leverage capped at 1:30 on Pepperstone due to ESMA/MiFID II laws and CySEC, FCA and ASIC regulatory framework.

    By qualifying as a professional trader, EU, UK and Australian traders can access a higher leverage of up to 1:500 on Forex.

    The Pepperstone maximum leverage may slightly differ also depending on the regulatory framework of your country and the Pepperstone Group entity you are trading with.

    What is the minimum lot sizing available on Pepperstone?

    The minimum lot size available to trade through Pepperstone is 1 micro lot.

    This is equivalent to 0.01 standard lots and signifies that you can commence trading with a minimum trade size of $1,000 in cash value.

    Can you earn dividends on Pepperstone?

    Yes, you can earn dividends on Pepperstone CFDs on indices and shares.

    When you maintain a position in index CFDs or share CFDs past the ex-dividend date of a share or index, Pepperstone modifies your account with a cash sum that mirrors the dividend.

    If you have a long position in index or share CFDs, Pepperstone adds funds to your account. For short positions, they deduct funds. The amount adjusted for the dividend rate depends on market conditions and any stock withholding tax. Therefore, the adjustment may vary from the actual dividend value.

    It’s important to know that while Pepperstone makes cash adjustments for dividends in your account, you don’t hold the real share or index. Hence, you won’t get the precise dividend value on the ex-dividend date.

    Pepperstone doesn’t utilise corporate actions to generate profits. They relay any changes made by their liquidity providers directly to you. These corporate actions can include consolidations, rights issues, takeovers, stock splits, and share distributions.

    What are Pepperstone liquidity providers?

    The Pepperstone liquidity providers are listed here below:

    • Sucden Financial Limited;
    • IS Prime Limited;
    • LMAX Limited;
    • GAIN Capital.
    • FXOpen Ltd;
    • CMC Asia Pacific Pty Ltd;
    • CMC Markets UK Plc.

    These are one of the best liquidity providers in the industry, and this allows Pepperstone to offer one of the deepest liquidity in the industry, which translates in faster trading execution, lower trading costs and more stable spreads.

    What platforms does Pepperstone offer?

    The Pepperstone’s trading platforms are listed below:

    • MetaTrader 4 (MT4), available as webtrader, desktop and mobile
    • MetaTrader 5 (MT5), available as webtrader, desktop and mobile
    • cTrader, available as webtrader, desktop and mobile
    • Tradingview, available as a webtrader

    Pepperstone provides the most common orders for risk management on all trading platforms such as: stop losses, take profit, limit orders, and trailing stops.

    Each platform features a comprehensive set of indicators, charting tools, and analytical functions to assist traders in making informed decisions based on technical analysis and fundamental analysis.

    Pepperstone available trading platforms

    How good is Pepperstone Customer Service?

    Pepperstone offers thorough and effective customer service.

    Their website includes a detailed FAQ section that efficiently covers frequent questions. For more immediate concerns, their customer service team can be reached through live chat, email, or phone, offering support in approximately 12 languages (although not all languages may be available for live chat and phone services).

    The customer service team is known for their professionalism and helpfulness, typically responding within one business day.

    Additionally, Pepperstone is active on several social media channels, such as Facebook, X, LinkedIn and YouTube further improving their availability to clients.

    How can you contact Pepperstone?

    If you do need to get in contact with the support team, you will find them readily available in English, Italian, French, German, Spanish and 7 more languages through live chat, email, or phone.

    Does Pepperstone have social media channels?

    Pepperstone has profiles on different social media, such as Facebook, X (Twitter), LinkedIn and Youtube.

    How many languages are available at Pepperstone?

    The website caters very well for many languages with a total of 12 available. These include English, Italian, French, German, Spanish, Portuguese, Simplified and Traditional Chinese, Thai, Vietnamese and Arabic.

    What are the Pepperstone market analysis tools?

    Pepperstone offers three main market analysis tools. The Pepperstone market research tools are listed below:

    • Exclusive market analysis from experts
    • Daily market news of the many markets available
    • Advanced trader tools to improve the trading strategies

    Pepperstone research and market analysis team of expert

    Does Pepperstone provide educational tools?

    Yes, Pepperstone provides four educational tools. The learning resources available at Pepperstone can be found below:

    • Trading guides: to get insights on trading instruments, strategies and risk management.
    • Webinars: Pepperstone team host webinars to help you grow as a trader, whatever your level is
    • Educational videos: to simplify trading with Pepperstone
    • Guides: selection of forex trading guides on trading insights

    What do users think about Pepperstone?


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    filippo ucchino

    About The Author

    Filippo Ucchino
    Co-Founder - CEO - Broker Expert
    Filippo is the co-founder and CEO of He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
    Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
    With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

    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.
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