The journey of Pepperstone began in 2010 when Owen Kerr and Joe Davenport came up with the idea to pioneer a new way of connecting retail traders with market-maker banks in the forex market. They successfully worked with 23 top banks, including UBS, JP Morgan, etc., to bring price quotes to investors instantly via fiber optics.
This partnership allows all orders to be executed at Pepperstone 100 percent automatically and without dealing desk intervention. Latency is also low to 0.05 milliseconds and no requotes.
Trading fees at Pepperstone can be said to be super low. Because this broker provides raw spreads starting from 0.0 pips. Experienced traders who like scalping and autotrading, for example, will greatly benefit from the thin spreads and fast execution.
In 2014 the Sydney Morning Herald reported that Pepperstone had become the 11th largest broker in the world (excluding Japan). At that time, Pepperstone had been providing services to around 23,000 clients in various regions, including Asia.
Pepperstone's rise in popularity is not only due to the super tight spreads and fast execution it provides but also because many people are interested in trading with deposits in currencies other than US Dollars. In this case, Pepperstone can be said to be very responsive to the market because it is willing to accept deposits in 11 currencies, namely AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, CAD, SGD, and HKD.
Unfortunately, Pepperstone tends to be stingy with promotions. This broker, which is headquartered in Melbourne, very rarely holds bonuses, promos, or trading contests.
However, traders at the Pepperstone broker can choose between 11 trading platforms: MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader, cTrader WebTrader, cTrader calAlgo, cTrader Mobile, and TradingView. This incredible number of options may seem confusing to novice traders, but they are actually very rewarding.
The biggest broker in Australia can be one of your choices. Pepperstone provides trading facilities for various assets, including forex, gold, oil, and CFD. In addition, the Pepperstone broker has a strong reputation in terms of security thanks to the license from the official Australian regulator, ASIC.
|Broker type||NDD, STP|
|Website||Click here to visit Pepperstone's official site|
|Company||Pepperstone Group Limited|
|Founded on||The year 2010|
|Regulators||BaFIN (151148), SCB (SIA-F217), FCA (684312), CMA (128), CySEC (388/20), DFSA (F004356), ASIC (ACN 147 055 703|
|Customer service||Telephone, Email and Live Chat 24 hours|
|Website languages||English, Chinese, Thai, French, Arabic, German, Italian, Polish, Portuguese, Russian, Spanish, Vietnamese, etc.|
|Deposits and withdrawals||Bank Wire, Credit/Debit Card, Skrill, Neteller, BPay, UnionPay, MPESA, POLi|
|Trading platforms||MT4, MT5, cTrader, TradingView, Webtrader|
|Trading instruments||Over 1200 types of assets, including forex, gold, oil, and CFDs|
|Spreads||Super low ECN spreads, starting from 0.0 pip|
|Minimum initial deposit||200USD|
|Minimum lots||Micro lots (0.01)|
|Commission||0 for Standard STP accounts and Islamic accounts, USD3.5 for Razor NDD accounts|
|Zero spread account||??|
Pepperstone Broker Advantages
Multiple Trading Platforms
Pepperstone offers a choice of 11 different trading platforms. Among them are MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader, cTrader WebTrader, cTrader cAlgo, and cTrader Mobile. Apart from that, traders can also use a variety of additional tools such as Myfxbook, TradingView, DupliTrade, and MT4 Signals.
Liquidity Provided by Top-tier Banks
No need to worry about liquidity when you join Pepperstone. The broker works with leading banks, including UBS, JP Morgan, as liquidity providers. This ECN broker also provides many deposit and withdrawal methods including via bank wire, credit/debit card, and others.
Segregated Accounts Available
Pepperstone ensures the safety of client funds by keeping them in segregated accounts at top Australian banks, including National Australia Bank (NAB). Client funds are segregated from funds for company operations.
Regulated by ASIC
Pepperstone is licensed by the Australian regulator ASIC. Thanks to ASIC regulations, forex brokers from Australia have become one of the favorite choices for Asian traders because of the quality of their services. Including one of Pepperstone.
To apply an account with Pepperstone, you can start from this page.