Pepperstone Broker Review

May 10, 2023

Pepperstone is one of the global brokers that provides raw spreads and is ASIC-regulated. This broker also has ECN trading conditions and guarantees the quality of order execution through liquidity from superior banks.

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 name Pepperstone
Broker type NDD, STP
Website Click here to visit Pepperstone's official site
Company Pepperstone Group Limited
Founded on The year 2010
Headquarter(s) Melbourne, Australia
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
Expert analysis ✔️
Partnership program ✔️
Educational content ✔️
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
  • 1:500 (for Professional Accounts)
  • 1:400 (for Retail Accounts under CMA)
  • 1:200 (for Retail Accounts under SCB)
  • 1:30 (for Retail Accounts under ASIC, FCA, CySEC, DFSA, BaFIN)
Minimum lots Micro lots (0.01)
Swap-free account ✔️
Hedging ✔️
Scalping ✔️
Expert advisors ✔️
Commission 0 for Standard STP accounts and Islamic accounts, USD3.5 for Razor NDD accounts
Zero spread account ✔️
  • 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.

Education (46)

1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?




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