Pepperstone broker is a wholly-owned subsidiary of Pepperstone Group Limited. This Australian-based company was established in 2010 and has quickly grown into one of the biggest forex and CFD global providers.
In 2015, Pepperstone Limited was launched in the UK while expanding its services to cover the needs of the UK and European clients via local access.
The group serves offices in major financial destinations Melbourne, Dubai, Limassol, Nassau, Nairobi, Dusseldorf, and London. Pepperstone broker is reliable with top-tier licensed ASIC and FCA, the account opening is fully digital, and the trading environment is one of the best Australian offerings with NDD accounts, powerful research, and trading tools.
The education section is of great quality, and the support is excellent. Kindly read through to know more about Pepperstone broker.
Pepperstone is an Australian forex broker that offers CFDs. It was founded by Owen Kerr, and Joe Davenport in 2010 and opened a London office in 2015 to better serve its European clients. After Brexit, new clients/customers registering from the EU are served by Pepperstone’s German and Cyprus entities.
Pepperstone broker is considered safe because it is a regulated broker regulated by three top-tier financial authorities: the UK’s Financial Conduct Authority (FCA), Germany’s BaFin, and the Australian Securities and Investments Commission (ASIC).
It is a Melbourne-based broker that provides markets access to financial instruments, such as Forex, index, share, commodities, and cryptocurrencies CFDs.
Is Pepperstone Regulated in the USA?
Pepperstone is licensed and regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Dubai Financial Services Authority (DFSA) in the UAE.
Can Pepperstone be Trusted?
Pepperstone forex broker is considered safe because 3 top-tier financial authorities regulate it: the UK’s Financial Conduct Authority (FCA), Germany’s BaFin, and the Australian Securities and Investments Commission (ASIC).
- Products offered: Forex, CFD, Crypto
- Trading fees class: Low
- Time to open an account: 1 day
- Demo account provided: Yes
The Pros of Pepperstone Broker
- Fast and fully digital account opening
- Great customer service
- Seamless and free deposit and withdrawal
Cons of Pepperstone Broker
- Metatrader platform basic.
- There is no 24/7 support and demo account available for 30 days only.
- Instruments are limited to Forex and CFDs.
Does Pepperstone Have a Good Spread?
The Pepperstone standard account is excellent for newbie traders and has spreads starting from 0.6 pips. With the standard account pricing, you pay no commission.
This broker is considered one of the best forex brokers globally for multiple reasons, such as Low spreads and commission fees: various CFD products, and access to quality trading platforms (MT4, MT5, and cTrader).
Pepperstone Minimum Deposit Amount
This forex broker requires no minimum deposit, which made it one of the best forex brokers with no minimum deposits.
How To Create A Pepperstone Demo Account
Head to the Pepperstone Demo Account page and click here to navigate the Pepperstone demo account sign-up page.
- Fill in Your Details On The Sign-Up Page
You will notice the left-hand bar gives an overview of the 4 steps needed to set up a live account. The good news is that setting up a demo account requires completing step one, and it is an effortless procedure and can even be done by piggy-backing off your Google or Facebook profiles.
- The next step involves ticking the boxes the forex broker requires you to complete for regulatory reasons. That is a good thing and one of the signs to look out for to indicate that you are onboarding with a reputable forex broker.
(First, you must declare you are above 18 years of age and agree to Pepperstone’s broker policies).
- Next, complete the personal information section. The standard rules about password criteria apply, and keeping that secure information means only you can access your account.
What is Stop Out in Pepperstone?
Smart stop-outs happen when equity falls below 50% of the margin needed for open trades on the account. Margin level (equity / margin) = < 50% (cTrader stop out)
What is Pepperstone Leverage?
Pepperstone forex broker offers Leverage up to 1:200 for retail clients and up to 1:400 for elective professional clients. Traders should carefully decide and pick which leverage level is right for them.
The list of available Leverage offered is listed below:
- 1:30 for major currency pairs
- 1:20 for minor currency pairs, gold, and major indices
- 1:10 for commodities other than gold and also minor indices;
- 1:5 for individual equities
- 1:2 for cryptocurrencies/digital assets
Is Pepperstone a True ECN Broker?
The Pepperstone Group is a non-dealing desk forex broker offering straight-through processing (STP), resulting in ECN broker spreads.
Does Pepperstone Have a Volatility 75 Indexes?
CFD trading services on the Volatility 75 Index are only offered by a few regulated forexes and CFD brokers in South Africa. These are Hotforex, Pepperstone, Plus500, IG Markets, and FXCM. Other major forex brokers like XM, Exness, Tickmill, etc., don’t offer CFDs on VIX 75 index.
How Can I Withdraw from Pepperstone?
To withdraw from Pepperstone forex broker, you have to:
- Log in to your secure client/customer area and select the ‘Funds’ tab.
- Click the ‘Withdraw Funds’ tab to find all the withdrawal options.
- You need to confirm the withdrawal request within 1 hour by clicking the “Accept Withdrawal” link embedded within the withdrawal confirmation email.
How Long Does a Pepperstone Withdrawal Take?
Withdrawals from Pepperstone broker are processed on the same day, provided the withdrawal request is received before 21h00.
Pepperstone broker Market Instruments
Here are a few available tools:
- Index CFDs
- Share CFDs
- Commodity CFDs
- Currency Index CFDs
With Pepperstone forex broker, you can trade over 100 instruments, it being a forex broker with some cryptocurrency and CFD instruments.
Pepperstone has an excellent forex selection, while the CFD line-up is average. Among cryptos, you can trade Bitcoin, Ethereum, Litecoin, and Dash against the USD. This broker offers more than 70 currency pairs, and you cannot change leverage levels, which is a drawback.
Have you had any experience using this forex broker? Let’s have your view and opinion on Pepperstone forex broker in the comment section below.