Pepperstone Review 2020 Is pepperstone.com a Scam or Legit Broker

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Pepperstone Review

Pepperstone general information

Australia

Founded in: 2020 year
Headquarters:
Offices in the country: China, USA
Minimum Deposit: 200 $
Website: www.pepperstone.com
Website languages:
Execution model: ECN
Deposit currency:
Support languages: English, Russian
Regulated by:
Mobile trading: iOS, Android
Types of offered accounts:
Trust management: MAM
Autotrading: Zulutrade
Affiliate program: Yes
  • Provision of a VPS server
  • API capabilities
  • Support of the Autochartist system
  • Web-based platform

Pepperstone Forex broker description

Trading accounts of Pepperstone

  • Standard
  • Razor
  • Scalping
  • Hedging
  • Trading with expert advisers
  • Trailing stop
  • Trading 24 hours a day
  • Scalping
  • Hedging
  • Trading with expert advisers
  • Trailing stop
  • Trading 24 hours a day
  • Gold
  • Silver
Trading platforms: MetaTrader 4
Minimum Deposit : 200 $
Deposit currency :
  • Gold
  • Silver

Contacts of Pepperstone

Recent customer reviews of Pepperstone

Advantages: thanks to mr barry

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Lost all investments trading with a scam broker. Lost more money to fake recovery services. Please be careful of fake recovery services! They are littered all over the forum. If you truly wish to get your money back then I suggest you reach out to me and I will guide you on steps I took in getting back my money. Write me on tomhaggins3 attGmaiI dotKcom

Advantages: Great Company

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Pepperstone.com Review Visit site

About Pepperstone.com

Pepperstone is an online forex broker. Pepperstone offers the MetaTrader 4, MetaTrader 5, MT Mobile, and cTrader trading currency top platform. Pepperstone.com offers over 60 currency pairs, cryptocurrencies, share cfds, gold, silver, and other commodities for your personal investment and trading options.

  • Information
  • Live Discussion
  • Profile
  • Video
  • 13 Widgets
  • More .

Broker Details

Trading platforms: cTrader, MetaTrader 4
Minimum Deposit : 200 $
Deposit currency :
Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $200
Established: 2020
Address: Level 16, Tower One, 727 Collins Street, Melbourne, VIC, Australia, 3008,
Contact: [email protected], +61 3 9020 0155
Regional offices:
Regulators: ASIC #414530, FCA #684312
Prohibited countries:

Yes

Yes

Trading platforms: MT4, MT5, cTrader
Web Trading:
Mobile Trading:
Currencies: (60+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (100+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Yes

Yes

Yes

Yes

EAs/Robots:
News Spike Trading:
Scalping:
ZuluTrade:
Deposit Methods: Bank Wire, VISA, MasterCard, BPAY, Local Bank Transfers, Neteller, PayPal, Poli, Skrill, Transfer from Existing Broker, UnionPay
Withdrawal Methods: Bank Wire, Neteller, PayPal, Skrill

Live discussion

Join live discussion of Pepperstone.com on our forum

Pepperstone.com profile provided by CWestonPepperstone, Jan 30, 2020

Pepperstone offers three trading platforms, MT4, MT5 and cTrader. Clients can take advantage of a range of market opportunities with 150+ instruments available to trade, including FX, index CFDs, share CFDs, commodities, and cryptocurrencies. With multiple liquidity providers and external pricing sources, clients enjoy competitive quotes and some of the lowest spreads on the market.

Video

Your company video here? Contact ad sales

Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Consumer Reviews

Length of use: over 1 Year

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Service use: Live

Length of use: 6-12 Months

I have been with pepperstone for around a year and never took money out, they were good broker to trade with and everything seemed fine. After my account grown big i wanted to withdraw everything and open an account with Interactive Brokers and the problems started. They canceled my withdrawal, took them weeks to respond to my emails and finally they deleted my account saying its under investigation and they went completely silent for over 2 months now.

Im writing this in order to warn other traders not to mess with these people.

Im filing a lawsuit and reporting them to ASIC.

I have all the logs and statements about my trades and im gonna surrender those to my attorney.

Stay away from these scammers.

Service use: Live

Length of use: 0-3 Months

After deciding to invest with pepperstone, I wanted to make a profit from market gaps on Fridays.

The first time I lost my operation and this was without a doubt my fault.

But the second time their platform took 4 minutes to update which caused my position to go to waste, I have tried to explain to them what happened and they change the subject asking me to deposit to cancel the negative balance or telling me that the volatility of the market is high. I understand this, but they still do not tell me why their platform opened 4 minutes late when the other brokers and platforms were already operational. This loss was intentional.

PS: If you don’t want your clients to operate high volume gaps, then lower your leverages, you yourself want this to happen.

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Totally scam, don’t trade.

I deposited my money by bank transferred. Even though money was already deducted from my bank account, I did not receive my balance. Contacting them and they asked for information and blame my bank for the problem. I called my bank and they gave me successful transaction id. I chat with them again and provide the needed information, but told me to contact [email protected] Sending email including all of the information, told me to wait 24 hours.

After 24 hours nothing happened, email again and again in the next 20 hours but no response. Chat with them they said it was not their responsibility?

Ok, so you guys should expect to lose your money because they blame the third party payment (what. ). And there is no one who helps you relating to this issue.

Service use: Live

Length of use: over 1 Year

Service use: Live

Length of use: 3-6 Months

Service use: Live

Length of use: 3-6 Months

Service use: Live

Length of use: 0-3 Months

I registered with pepperstone.com on Thursday Sep 26, 2020 and after growing my account I decided to request for a withdrawal of $4,500 on Tue, 26 Nov 2020 and since then I have not received my funds.

first they said my identification submitted (which was my driver’s license) could not be verified so i used my international passport which was eventually verified.

since then have been chatting with the customer service representatives every day, and they keep sending me emails that say I will receive my funds in 2-3 business days every other week and still nothing. Everything came to a head on Monday when I had a conference call with the VP and a rep. from the accounting department and I was assured that I would receive my money on or before Thursday, I even requested they send the transaction ID to me so I can check myself to be sure that the money was transferred but all I got was an email again saying that my funds have been transferred and I would get it in 2-3 business days and the transaction id would be sent to me soon; this was on Monday and till date I have not received my funds or the transaction ID. I am tired of this and I need your help

Pepperstone Forex Broker Review 2020

Table of Contents

Review: Regulation: Assets: Min. Spread:
(4.9 / 5) FCA, ASIC 150+ Variable 0.0 Pips

Trading online is getting more popular and selections of Forex Brokers are getting more difficult due to the large numbers it has expanded. The question is, are you choosing a legit online broker or is it a scam? In this review, we will talk about one of the largest Forex Brokers in the world – Pepperstone. We will discuss the company, its trading platforms and other features on why it is a recommended Forex Broker. Let’s find out together, whether Pepperstone is a trusted broker or is it a scam.

The official website of Pepperstone

What is Pepperstone? – Company presented

Pepperstone was founded by a team of experienced traders with the same goal to improve the world of online trading. The company was founded in the year 2020 in Melbourne, Australia. The company grew and became one of the largest Forex Brokers in the world. It aims to create a world of tech-enabled trading, in which aspiring traders can take opportunities and challenge the global markets.

This broker is trusted by over 73,000 traders world-wide and processes an average of $12.55 billion (US dollars) of trades every day, which makes it one of the world’s largest forex brokers.

Pepperstone has won multiple prestigious awards from Investment Trends, Deloitte and Compare Forex Brokers and also recognized for its consistency in exceptional customer service, excellent trading conditions, number one for spreads and value for money.

Facts about Pepperstone:

  • Founded in 2020
  • One of the largest Forex Brokers in the world
  • Authorised and regulated
  • Award-winning Forex and CFD broker
  • 24/5 multilingual customer support

(71.4% of private investor accounts lose when trading CFDs)

Is Pepperstone regulated? – Regulation and safety for customers

One thing you need to know in avoiding being scammed in online trading is to know if the broker is regulated and authorized. Online trading companies are being examined and have to pass certain criteria before getting regulated by an official regulatory authority.

Pepperstone is an Australian-based forex trading company that is authorized and regulated by two highly trusted regulatory authorities – Financial Conduct Authority (FCA) in the United Kingdom and Australian Securities Investment Commission (ASIC) in Australia. The company holds professional indemnity insurance through Lloyd’s of London.

Pepperstone is regulated by the following:

Financial Security

Pepperstone is well known for its consistency in giving great value for money. The company offers clients access to raw spreads to let clients know exactly what they are getting charged from and what the company earns. This integrity of the company for transparency of how the funds are being used gained the trust of a big number of clients, that is why Pepperstone is a trusted broker.

Financial Security with Pepperstone

Additionally, UK traders receive protection up to £50,000 under the Financial Services Compensation Scheme Protection (FSCS). The funds of the traders using Pepperstone are being held in a segregated accounts at the National Australia Bank to avoid misuse of the funds.

Summary of the regulation and financial security:

  • Regulated by two highly trusted regulatory authorities
  • Segregated customer funds
  • Transparency to clients regarding funds
  • Financial Service Compensation Scheme £50,000

Review of the trading conditions for traders

Pepperstone offers investment services for trading with Forex, CFDs (Index CFDs and Share CFDs), cryptocurrencies and commodities. The company offers customers a range of market opportunities with 150+ instruments available to trade. Spreads are charged in the base currency that is being traded and commission is always charged in the same currency type the traders use in their account. It has two types of account namely ‘Razor Account’ and ‘Standard Account’, and has advanced platforms that are user-friendly to any type of trader.

What to know about Pepperstone is that it is an award-winning broker for its customer service and support, and educational materials. Pepperstone was awarded several awards, such as ‘Best Forex Trading Support’ in 2020 UK Forex Awards, number one for Customer Service and for Education Materials in 2020 Australia FX Report Investment Trends Winner, and number one Overall Client Satisfaction and number one Customer Service in 2020 Australia FX Investment Trends Report Winner.

Awards of Pepperstone

We can definitely say that Pepperstone is not just an excellent broker in terms of customer support and services, but also in terms of the process and execution in trading online. The awards that it has gathered serves as proof. Pepperstone also won the following awards: ‘Best Forex ECN Broker’ and ‘Best Forex Trading Conditions’ in 2020 UK Forex Awards, ‘Best Australian Broker’ and ‘Best Trading Platform’ in Compareforexbrokers.com.au, number one for ‘Spreads’, ‘Value for Money’, ‘Risk Management’, and ‘Fund Withdrawal’ in 2020 Australia FX Report Investment Trends Winner.

Pepperstone offers a very fast execution for your orders.

Also, the Governor of Victoria Export Awards (GOVEA) named this broker as ‘Exporter of the Year’ and gave the title ‘Digital Technologies Award’. In the year 2020, the Australian Growth Company Awards awarded Pepperstone ‘Growth Company of the Year Awards’ and ‘Financial Services Growth Company of the Year Award’. Furthermore, in 2020 Australia FX Investment Trends Report Winner, the company won as number one for ‘Overall Client Satisfaction’, ‘Execution Speed’, ‘Value for Money’, ‘Spreads’, ‘Platform Ease of Use’, ‘Platform Reliability’, and ‘Commissions’. Pepperstone is an excellent, reputable, regulated and trusted broker.

Pepperstone is globally awarded

Facts about the conditions for traders:

  • Free demo account for 30 days
  • Minimum 0.01 lots trading size
  • Maximum 100 lots trading size
  • Leverage up to 500:1 (ASIC) and up to 1:30 (FCA)
  • Scalping and hedging allowed
  • Expert advisors allowed
  • No dealing desk execution
  • Uses Electronic Communications Networks (ECN) to connect directly with 22 liquidity providers
  • Spreads are variable from 0.0 pips
  • 2 account types
  • Aims to provide low trading costs and fast execution across a wide range of instruments

(71.4% of private investor accounts lose when trading CFDs)

Test of the Pepperstone Trading Platform

Every trader has his own style, skill level and strategies. It is very important to know what platforms a broker offers you in order to succeed with online trading. That is a good thing about using Pepperstone as your Forex Broker because it offers platforms that suit any type of trader. The company has three powerful, user-friendly and most popular platforms that you can use wherever you’re at in your trading journey. These platforms are free and can be used on mobile, tablet, desktop and web apps.

Pepperstone offers the following platforms:

Pepperstone Trading Platforms

MetaTrader 4 and MetaTrader 5

MetaTrader 4 platform is the most popular platform of Pepperstone that enhances your trading experience with live quotes, real-time charts, in-depth news, and analytics. These platforms as well as serve as a host of order management tools, indicators, and Expert Advisors. It enables you to customize the platform to the way you trade. MT4 gives you access to 28 indicators and EAs with Pepperstone’s Smart Trader Tools and let you choose from thousands of other online tools to plug into the platform. With Autochartist, traders can statistically identify significant market movements. By the use of MetaQuotes Language 4 (MQL4), traders can build and run their EAs.

This platform can give a competitive even whatever skill level you have as a trader. By its rich and highly customizable trading environment, it will absolutely help improve your trading performance. Also, it highlights its best features including its 85 pre-installed indicators which are available on the desktop app (for greater insight into market trends).

It has analysis tools that empowers traders to make better-informed decisions, gives you access to 28 additional Smart Trader Tools, has flexible order types to suit the trader’s strategies, multiple chart setups that helps traders control their positions quickly and efficiently, automated trading which allows you to trade the markets 24/5 without any intervention, and lastly has backtesting capability for more robust Expert Advisors. It is free and can be used in both demos and live accounts.

Pepperstone MetaTrader 4

MetaTrader 5 platform is the most powerful platform of Pepperstone and is recommended for traders that need advanced financial trading functions and superior tools for analysis. MT5 is the simplest and easiest platform to use and understand. It has faster processing times, with its newly released ability to hedge trader’s positions, advanced pending orders and newest tools and indicators that can help traders take their trading to the next level.

Also, it provides as well exceptional features that can help traders stay ahead of the markets. It has greater functionality and a more powerful release of MetaTrader. It is easy to use, easier to code because of its MQL5, has advanced platform customization, optimized processing of expert advisors and indicators, and has access to Smart Trader Tools and Autochartist. It gives you the ability to hedge your positions, offers you a built-in economic calendar, has 21 timeframes with a maximum of 500 total orders, optimized processing speeds, and advanced pending orders.

Pepperstone MetaTrader 5

The difference between MT4 and MT5 is MetaQuotes Language (MQL) which is a built-in language for programming trading strategies. MT5 uses MQL5, which gives a number of advantages over MT4’s MQL4. MQL5 highlights its object-oriented programming feature, has improved debugging tools, has a similar syntax to that of C++ programming language, and advanced events management model.

MT4 and MT5 platforms both support the following languages:

Arabic, Bulgarian, Chinese (simplified, PRC), Chinese (Traditional, Taiwan), Croatian, Czech, Danish, Dutch, English, Estonian, Farsi/Persian, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Mongolian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Spanish, Swedish, Tajik, Thai, Turkish, Ukrainian, Uzbek, Vietnamese.

cTrader

cTrader platform is the most user-friendly platform of Pepperstone that has advanced trading capabilities. It lets you customize coding and do fast execution and entry. It offers a lot of education programs and analyses that help you make better trading decisions. This platform is perfect for traders getting into trading and designed to replicate an institutional trading environment including depth of market.

This platform also has optimized the processing of expert advisors and indicators. It is as well as a pride of this platform that it has advanced risk management and order functionality, with coding in C# and opening API is available.

Due to the advanced features of cTrader, detailed trade analysis is possible, which allows traders to understand their strengths and weaknesses. It has a large range of indicators, detailed order tickets which include base currency dollar value or pip distance, and has the ability to add multiple take-profit orders. Plus, the platform embodies comprehensive educational videos.

cTrader Automate (formerly know as cAlgo) is advanced platform customization that is also a highlight of the best features of cTrader. You can download this from the App Store for iOS and Google Play for Android.

It supports the following languages:

English, Russian, French, Spanish, Portuguese, Polish, Japanese, Korean, Chinese, Italian, Greek, Turkish, Hungarian and German.

Facts about Pepperstone platforms:

  • User-Friendly
  • Powerful and popular platforms
  • Supports several languages
  • Advanced tools
  • Reliable and secure
  • Fast
  • Supports automated trading

Professional Charting and Analysis is possible

All charts are a different portrayal of supply and demand and technical analysis is an essential skill that you need to embrace in online trading. It is important to know to chart in trading online because it is an important ingredient for a successful trade, whether it is a line chart, a bar chart, Renko or a candlestick chart. Charts cluster every buy and sell transaction on that market or instrument at any given moment. Once you understand how charting works, it can be very powerful on your trading journey.

Pepperstone Sample Trading Chart

Technical analysis is a very important tool to asses how much risk a trader is prepared to take on, as well as correct position sizing and any levels where a trader may expect stronger demand or supply to come in that may cause a reversal in price. In order to understand the rhythm, flow, and trends in market behavior, technical analysis helps you know what will be your next move.

It lets you understand the trend and volatility of the markets which is important in getting better results. It is not so much about prediction as it is about probability because, in reality, the markets are a series of random events. If it used correctly, it can be highly profitable.

Charting and analysis tools:

  • Different chart types
  • Customizable indicators
  • Drawing tools for technical analysis
  • Market depth
  • Automated trading supported
  • Implement extern tools

Mobile Trading (App) is possible with Pepperstone:

The good thing about trading with Pepperstone is that its platforms can be used on mobile, tablet, desktop and web apps. Nowadays, mobile trading is a trend due to its accessibility. It is more convenient to have your platforms on your mobile device in order to keep track of your trades and also to be able to trade anywhere and anytime.

Mobile Trading with the MetaTrader App

Pepperstone offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) to its customers which are the most popular mobile trading apps in the world. These trading platforms are very easy to use, have advanced tools, customizable and a whole lot of other features that give you a big edge in online trading.

Features of MT4/5 App:

  • User-Friendly
  • Advanced Tools
  • Has MetaQuotes Language (MQL4 and MQL5)
  • Display Charts
  • Customisable
  • View Live FX Quotes
  • Market News
  • Change Time Frames
  • Can Add Indicators
  • Can Use All Types Of Orders
  • Access Trading History
  • Supports Several Languages

What we recommend for first-time traders is to explore first the platform’s features by getting a demo account to avoid unintentional trade executions and also to practice trading skills for a better trading experience.

Pepperstone Trading Tutorial: How to trade

Knowing the movements of the market is very important in trading online. Your steps to a better result depending on the trend and volatility of the market. When volatility is high, be aware that it can potentially be spread out over a larger range of values and the price of the value can change dramatically over a short period of time in any direction.

In online trading, first, you need to decide on which market do you wish to trade on. Once you select an asset that you want to analyze, you can go ahead and open the order mask and customize your position. After you have to choose the order volume and then you can either buy or sell the asset.

Sample picture (closed market)

Step by step tutorial:

  1. Select an asset that you want to analyze
  2. Analyze the asset
  3. Open the order mask and customize your position
  4. Choose the order volume
  5. Buy or sell the asset you want

Pepperstone offers to trade with Forex, CFDs (Index CFDs and Share CFDs), cryptocurrencies and commodities. CFD trading is one of the most popular trading investment styles around the globe. Basically, CFD provides exposure to the trader into the market, without the trader owning the underlying asset. It allows the trader to have a view on the future direction or movement of the market. With this, the trader can determine the degree of profit or loss.

How to open your account

It is very fast and easy to open an account with Pepperstone. The instructions in creating an account are displayed in the official website of Pepperstone (https://pepperstone.com) when you go to ‘Create an Account’ page, right next to the ‘Account Registration’ section.

It takes only a few steps:

First, enter your email and create a password. Second, fill out the application with your details. Third, provide your account opening ID which can be uploaded online during your application. Your application will be reviewed first by Pepperstone’s back office team and once your documents have been verified and application has been approved, then you will receive your trading account login details. For live accounts or if you wanna go live trading with real money, you can add funds and start to trade afterward.

Register an account with Pepperstone

Free Pepperstone Demo Account

Pepperstone offers free demo account for 30 days. It includes up to $50,000 virtual funds and has real market pricing. We highly recommend traders to use a demo account first to practice trading skills before going live to avoid unintentional investments. It is best to know first how the platforms works and be comfortable with it before starting to trade a real account.

(71.4% of private investor accounts lose when trading CFDs)

Account Types of Pepperstone

Pepperstone offers its traders two account types that are suitable for any type of trader’s needs.

Razor account:

Razor account gives you access to institutional-grade spreads from 0.0 pips at just AUD$7 per lot. It includes raw spreads, which means that Pepperstone passes the spreads they received from liquidity providers directly on to their clients. This account best suits scalpers or algorithmic traders.

Standard account:

The standard account offers competitive spreads and is commission-free. It includes raw spread + 1 pip increase (e.g. 0 pip spread plus 1 pip = 1 pip (0.5 pip each way for bid and ask prices). This account best suits traders that are new to trading or prefer to place long-term trades.

Pepperstone Razor Account vs. Standard Account

Review of the deposit and withdrawal

It is easy to manage an account with Pepperstone and payments are a lot easier too. The clients are given access to their own secure client area, where they can access all their funding and as well as withdrawals. It is safe and secure and has a simple process.

Payment methods accepted by Pepperstone

There are a few points that you need to take note of with regards to the process. Withdrawal forms that are received before 21:00 (GMT) will be processed the following day. If it were received before 07:00 (AEST), then they’ll be processed on the same day. Your Pepperstone trading account should match the name (or joint) to your bank account that you are using due to third party transaction regulations. Because of this, funds can only be returned to a bank account in the same name (or joint) as your Pepperstone account.

Also, any International Telegraphic Transfer (TT) fees charged by Pepperstone’s banking institution are passed onto the Client (most International TTs are approximately AUD$20). If you wish to use Bank Wire Transfer, withdrawals usually take 3-5 working days to reach your account. However, in some cases in any payment method chosen, there may be unforeseen circumstances whereby withdrawal times may be longer.

Payment Methods that can be used:

  • Visa
  • Mastercard
  • POLi
  • Bank transfer
  • BPay
  • PayPal
  • Neteller
  • Skrill
  • Union Pay

Fees and costs for Pepperstone Trader

Pepperstone doesn’t charge any internal fees for deposits or withdrawals. However, you should bear in mind that it depends on what type of payment method you are using, and there might occur a transaction fee from that type of channel. The fees that are charged by that certain payment method used is the responsibility of the client.

The company requires a minimum deposit of $200 or equivalent. Its $0 fee-free funding options is a big plus about this broker. Pepperstone does not charge an inactivity fee and its something any trader can look forward to. Customers can enjoy $0 commission on Pepperstone’s Standard Account or raw spreads on Razor Account.

Important information about fees of Pepperstone:

  • Trading Fee: minimum initial deposit is $200
  • Minimum Spread: variable 0.0 Pips
  • No Inactivity Fee
  • Base currencies available: AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD and HKD

Pepperstone customer support and service review

Pepperstone is known to be an award-winning broker for its customer service and support. The company was awarded as ‘Best Forex Trading Support’ in 2020 UK Forex Awards, number one for Customer Service and for Education Materials in 2020 Australia FX Report Investment Trends Winner, and number one Overall Client Satisfaction and number one Customer Service in 2020 Australia FX Investment Trends Report Winner.

It has frequently asked questions (FAQs) section on their official website which any trader will find it very helpful. These are very helpful for any type of trader and have a client manager who supports the trading journey of each trader with this broker. The company strongly promotes knowledge and expertise in online trading from industry-leading analysts and market strategists. The customer support operates 24/5 and is multilingual support. Pepperstone also offers free educational resources, which include trading guides, webinars, and how-to videos.

We can truly say, that the customer service and support of Pepperstone are remarkable.

Facts about the support:

  • Award-winning Customer Support and Educational Materials
  • Multilingual 24/5 Customer Support
  • Phone support
  • Email Support
  • Live Chat Support
  • Free Educational Resources

Accepted countries and forbidden countries

Pepperstone accepts traders from Australia, Canada, Denmark, France, Germany, Hong Kong, Italy, Kuwait, Luxembourg, Norway, Qatar, Saudi Arabia, Singapore, South Africa, Sweden, Thailand, United Arab Emirates, United Kingdom, and most other countries.

However, traders coming from the United States, India, and New Zealand can not use Pepperstone.

Conclusion of the review: Is Pepperstone legit or scam?

Pepperstone is an award-winning broker that welcomes any type of trader. It provides a variety of selection for trading FX, CFDs (Index CFDs and Share CFDs), cryptocurrencies and commodities. The company offers customers a range of market opportunities with 150+ instruments available to trade. It has low spreads and has up to 500:1 leverage and AUD$7 round turn commission on FX that will definitely give you the confidence to trade with them.

The company is reputable, always giving its best to its clients with its excellent customer support and services, and as well as giving good educational resources to traders. Its numerous awards serve as proof that this broker is legit. We can say that Pepperstone is an excellent Forex Broker, regulated and trusted.

Advantages:

  • Global regulated
  • Offers free demo account for 30 days
  • Advanced Tools
  • Transparent trading experience
  • User-friendly platforms
  • Multilingual platforms
  • 24/5 multilingual customer support
  • Excellent support and services
  • Free excellent educational resources
  • Award-winning broker
  • Offers mobile trading
  • Reliable and competitive spreads

Disadvantages:

  • Do not accept traders from the United States, India, and New Zealand

For forex trading, Pepperstone is at the top of the most online brokers. You can expect good conditions and professional service. (4.9 / 5)

Trade with an award-winning FX and CFD broker

Number 1 for spreads^. Lightning-fast execution. Exceptional client service.

Why Pepperstone?

While some brokers give you the hard sell, we’re here to make your strategies work harder. We support you every step of the journey because we want you to grow – and succeed – with Pepperstone.

Trade with confidence

Unlock more opportunities

Never stop learning

Smarter trading is here

The Smart Trader Tools package is a suite of expert indicator, advisor and risk management tools to help improve your trade execution and performance

Award-winning customer support

Nothing should get in the way of making your best trade. With 24/5 support, a wealth of trading resources and a seamless account experience, you’re free to focus on what matters.

Our platforms

We offer three free online trading platforms. MetaTrader 4, our most popular; MetaTrader 5, our most powerful; and cTrader, our most user-friendly. All of our platforms are available to run via WebTrader and mobile apps for seamless syncing across all of your devices.

Low spreads on more than 150 instruments

  • Forex
  • Commodities
  • Index CFDs
  • Cryptocurrencies
Instrument Bid Ask Spread
Instrument Bid Ask Spread
Instrument Bid Ask Spread
Instrument Bid Ask Spread

Live prices are indicative only. Check your platform for the most up to date prices. Powered by Pepperstone Group Limited.

News and Analysis

Economic Calendar

Event Impact
Apr 7, 11:00
Inflation Rate MoM
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Core Inflation Rate MoM
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Inflation Rate YoY
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Apr 7, 12:00
Retail Sales YoY
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low Previous:
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Apr 7, 12:00
Retail Sales MoM
BR
medium Previous:
Consensus:
Actual:
Apr 7, 12:55
Redbook YoY
US
low Previous:
Consensus:
Actual:
Apr 7, 12:55
Redbook MoM
US
low Previous:
Consensus:
Actual:
Apr 7, 13:00
Foreign Exchange Reserves
RU
medium Previous: $570.4B
Consensus:
Actual:
Apr 7, 13:00
Foreign Exchange Reserves
MX
low Previous: $189B
Consensus:
Actual:
Apr 7, 14:00
Ivey PMI s.a
CA
high Previous: 54.1
Consensus:
Actual:
Apr 7, 14:00
JOLTs Job Openings
US
medium Previous:
Consensus:
Actual:
Apr 7, 14:00
IBD/TIPP Economic Optimism
US
medium Previous: 53.9
Consensus:
Actual:
Apr 7, 18:00
3-Year Note Auction
US
low Previous:
Consensus:
Actual:
Apr 7, 19:00
Industrial Production YoY
AR
low Previous: -0.1%
Consensus:
Actual:
Apr 7, 19:00
Consumer Credit Change
US
low Previous: $12.02B
Consensus:
Actual:

Globally, we’ve been awarded by

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^Investment Trends 2020 Australia Leverage Trading Report, based on a survey of over 18,000 traders and investors.
*Most orders are executed in less than 30 milliseconds (Pepperstone Group Limited) and 60ms (Pepperstone Limited) based on time taken to process once received in Pepperstone’s bridge.

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Risk Warning: trading derivatives is risky. It isn’t suitable for everyone and you could lose substantially more than your initial investment. You don’t own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your or your client’s personal objectives, financial circumstances, or needs. Please read our PDS and other legal documents and ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice.

Pepperstone Group Limited is located at Level 16, Tower One, 727 Collins Street, Melbourne, VIC 3008, Australia and is licensed and regulated by the Australian Securities and Investments Commission.

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