Pepperstone Review
Bonus
No Deposit Bonus
Regulated – – CySec, FCA, CMA, DFSA, BaFIN, ASIC, SCB
Overview
- Headquarters: Melbourne, Australia
- Regulated By: ASIC, SCB, FCA, DFSA, CMA, BaFin and CySEC
- Foundation Year: 2010
- Min. Deposit: $10
- Max. Leverage: 1: 30 retail and 1:500 Pro
- Deposit Options: Visa, Mastercard, POLi, Bank transfer, BPay, PayPal, Neteller, Skrill, Union Pay
Review
Pepperstone is a private brokerage established in 2010 in Melbourne, Australia. It opened a London office in 2015 to service European clients.
Pepperstone is regulated in Australia, Bahamas, Cyprus, Dubai, Germany, Kenya, UK and has offices in each of these countries respectively.
It offers more than 61 forex markets, over 1000 CFDs for index funds and stocks and more than 20 cryptocurrencies. Leverage options are between 1:30 to 1:400 depending on jurisdiction for retail and up to 500:1 for professional clients. The company makes extensive use of third-party trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader and copy-trading platforms.
Licensed and Regulated
Pepperstone is regulated by regulated by ASIC, SCB, FCA, DFSA, CMA, BaFin and CySEC.
The company, however, is not listed on any exchange and does not disclose financial information or has a parent bank.
Account Types
The company offers two account types – Razor and Standard. An Islamic account option is available for all Standard accounts. A demo account can be opened for the Standard version.
Deposit & Withdrawals options
Several methods of deposits and withdrawals are offered with 10 currencies accepted for transactions.
The following are the accepted payment options:
- Visa
- Mastercard
- POLi
- Bank transfer
- BPay
- PayPal
- Neteller
- Skrill
- Union Pay
Trading platforms
Pepperstone does not have a proprietary platform but offers third-party platforms which include MetaTrader, cTrader, MT4 (desktop and web), MT4 Multi-terminal, MT5, cTrader (desktop and web), and cAlgo.
Pepperstone offers three mobile trading platforms: MetaTrader 4, MetaTrader 5, and cTrader.
Social trading
For copy-trading, depending on jurisdiction, Pepperstone offers DupliTrade, MetaTrader \Signals and myFxbook.
Privacy & Security
The broker segregates its client funds with tier 1 banks and offers fee-free funding methods.
Customer Service
It offers customer support in English, Spanish, Italian, German, Polish, Portuguese, French, Turkish, Vietnamese, Chinese, Thai, Arabic.
Awards:
International Business Magazine Award
- Best Forex Broker Middle East
InvestinGoal Best Broker Awards
- Best Broker in the World
- Best Broker in Australia
- Best cTrader Broker
- Best Scalping Broker
Pros
- More than 61 forex pairs and 1000+ stock CFDs
- Leverage for both forex and crypto trading
- 24/7 customer service
Cons
- Not available to U.S traders
- No option to purchase stocks, bonds, or mutual funds directly; only CFDs are available