Pepperstone Review
Updated regularly · Independent ratings
Overall Rating
4.6 / 5
Fees
4.8 / 5
Safety
4.7 / 5
Platforms
4.5 / 5
Education
3.9 / 5
Min. deposit
$0
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 understand how CFDs work and whether you can afford to take the risk of losing your money.
Pepperstone — At a Glance
Full broker data from our database
| Minimum deposit | $0 |
| Broker type | STP, ECN, DMA |
| Spread type | Variable |
| Spreads from | 0.0 PIPS |
| Commission | $7 ($3.50 per side) per standard lot |
| Maximum leverage | 1:1000 |
| Minimum lot size | 0.01 |
| Maximum lot size | 100 |
| Decimal pricing | 5 decimals |
| Trading platforms | Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| API access | Yes |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | Yes |
| Managed account | Yes |
| PAMM / MAM account | Yes |
| Joint account | Yes |
| Copy trading | Yes |
| Social trading | Yes |
| Account currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| One-click trading | Yes |
| OCO orders | No |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | No |
| Bonuses | No |
| Contests | No |
| Regulators | ASIC (Australia), FCA (United Kingdom), BaFIN (Germany), CySEC (Cyprus), DFSA (United Arab Emirates), CMA (Kenya), SCB (Bahamas) |
| Headquarters | Level 16, Tower One, 727 Collins Street Melbourne, VIC, Australia 3008 |
| International offices | Australia, Bahamas, Cyprus, Germany, Kenya, UAE, UK |
| Assets offered | Forex, CFDs |
| Payment methods | Bank Transfer, Credit/ Debit Card, Cryptocurrency, Apple Pay, Google Pay, PayPal, Skrill, Neteller, POLI, BPAY, Pix, Spei, Zotapay |
| Languages | Arabic, Chinese, English, French, German, Hindi, Italian, Indonesian, Korean, Russian, Mandarin, Polish, Portuguese, Spanish, Thai, Urdu |
| Customer support | Email, Phone, Live Chat |
| Contact email | support@pepperstone.com |
| Minimum deposit | $0 | Social trading | Yes |
| Broker type | STP, ECN, DMA | Account currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Spread type | Variable | One-click trading | Yes |
| Spreads from | 0.0 PIPS | OCO orders | No |
| Commission | $7 ($3.50 per side) per standard lot | Trailing stop loss | Yes |
| Maximum leverage | 1:1000 | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 100 | Interest on margin | No |
| Decimal pricing | 5 decimals | Bonuses | No |
| Trading platforms | Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | Contests | No |
| API access | Yes | Regulators | ASIC (Australia), FCA (United Kingdom), BaFIN (Germany), CySEC (Cyprus), DFSA (United Arab Emirates), CMA (Kenya), SCB (Bahamas) |
| VPS | Yes | Headquarters | Level 16, Tower One, 727 Collins Street Melbourne, VIC, Australia 3008 |
| Demo account | Yes | International offices | Australia, Bahamas, Cyprus, Germany, Kenya, UAE, UK |
| Segregated account | Yes | Assets offered | Forex, CFDs |
| Swap-free account | Yes | Payment methods | Bank Transfer, Credit/ Debit Card, Cryptocurrency, Apple Pay, Google Pay, PayPal, Skrill, Neteller, POLI, BPAY, Pix, Spei, Zotapay |
| Managed account | Yes | Languages | Arabic, Chinese, English, French, German, Hindi, Italian, Indonesian, Korean, Russian, Mandarin, Polish, Portuguese, Spanish, Thai, Urdu |
| PAMM / MAM account | Yes | Customer support | Email, Phone, Live Chat |
| Joint account | Yes | Contact email | support@pepperstone.com |
| Copy trading | Yes |
Pros & Cons
Pros
- +Strong global regulatory oversight
- +Fast and easy account opening
- +Low minimum deposit requirements
- +Multiple fast and secure payment methods
- +Wide choice of account currencies
- +Support TradingView, MT4, MT5, and cTrader
- +Low CFD and forex trading fee
- +No inactivity fee
- +Fast execution
- +Supports all trading styles
- +Adequate support for algorithmic trading
- +Supports copy trading
- +24/7 customer support
Cons
- −Product range limited to CFDs
- −Limited research offering