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Pepperstone Summary

Trust Rating AWhat's this?

How BrokerNotes Trust Rating is Calculated:

Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.

  • Regulated by ASIC (Australia)
  • Over 6 years in business (established 2006)
  • Uses Tier 1 banks HSBC & NBA
  • ECN broker with fast execution
  • Super tight spreads from 0.0 on EURUSD
Visit Pepperstone Website Open a practice account
Losses can exceed deposits. Your capital is at risk.


AvaTrade logo
  • Regulated by the Central Bank of Ireland
  • Used by 200,000+ traders
  • Over 11 years in business
Visit AvaTrade to start trading

Pepperstone Review

Trust Rating A
  • Regulated by ASIC (Australia)
  • Over 6 years in business (established 2006)
  • Uses Tier 1 banks HSBC & NBA
  • ECN broker with fast execution
Visit Pepperstone to start trading
4.4 5 147

Pepperstone Review

Pepperstone is an Australian online broker specialising in forex trading with over 70 currency pairs at some of the industries lowest available spreads from 0.0 for major pairs like the EUR/USD however a commission will be charged instead on these trades. Other major instruments like the major indices and commodities like gold and oil are available through their CFD services as well. They offer a wide range of platforms including the industry standard MT4 and cTrader platforms and a variety of platforms from the normal standard accounts to active trader accounts all the way to professional Multi Account Manager (MAM) for money managers.

Pepperstone is a popular for choice for experienced traders who have outgrown their current everyday broker and need a broker that can deliver superior results with features like institutional grade STP spreads, extensive reporting, custom solutions including API and FX GUI solutions as well as ECN Edge execution for accounts with a $25,000 minimum deposit.

Pepperstone also offer standard accounts with minimum deposits starting from $200 which still give access to their superior interbank spreads and superior liquidity with no commission.

Pepperstone screenshot

Pepperstone Spreads from (view all)

See all Pepperstone spreads
  • Website

    Min. Deposit: $200

  • Services Offered:

    CFDs, Forex

    Min. Trade: 0.01 lot

  • Instruments:

    Forex, metals, commodities, gold, silver and CFDs

    Max. Trade: None

  • Excluded countries:

    North Korea, Iran, Iraq, Syria, Japan, US

    Margin: From 0.2%

  • Platforms:

    MT4, MT5m WebTrader, cTrader, cAlgo, mobile Apps

    Leverage: 500:1

  • Apps:

    iPhone, iPad, Android & Tablet

    Commission: None

  • Payment & withdrawal:

    Payment methods Payment methods Payment methods Payment methods Payment methods Payment methods

Pepperstone Pros & Cons

Everyday traders who are looking for a broker will benefit from the wealth of experience and superior technology that Pepperstone offers, capable of handling professional managers and institutional traders that need the functionality of API trading, raw interbank direct pricing, VPS, ECN, STP account. Of course with an advanced platform like Pepperstone scalping and hedging is allowed and with their super tight spreads is a top choice for traders that are looking to implement these strategies. With a wide range of platforms and accounts on offer, Pepperstone can accommodate a wide variety of trading strategies including those that want to use EAs for automated trading.
Pepperstone do not offer some of risk managements features the more popular broker offer such as guaranteed stop losses and limited orders as they have no control over slippage.

  • No deposit or withdrawal fees
  • No inactivity fee
  • Offers tight fixed spreads
  • Allows one click trades
  • Has trailing stops
  • Offers price alerts
  • Allows Hedging & Scalping
  • Allows EA integration and automated trading
  • Offer VPS services
  • Offers STP Account
  • Offers Islamic accounts
  • Available in 10+ languages
  • Does not offer guaranteed stop losses
  • Does not offer guaranteed limit orders

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Financial spread bets and CFD trades are leveraged products, which means you could lose more than your deposits. If you’re hazy on exactly what that means, you shouldn’t trade.