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Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.
Last updated: ·Reviewed by BrokaBoy Research Team
Figures checked: 4 October 2026
Pepperstone
FeaturedAward-winning execution speed
Overview
Pepperstone combines razor-thin spreads with lightning-fast execution across MT4, MT5 and cTrader. Regulated across seven jurisdictions with strong client fund protection.
Pepperstone supports Forex, CFDs, Indices, Commodities, Crypto across 4 platforms, and offers Standard, Razor accounts to cover most trader profiles. Regulation is held with FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA.
With spreads starting from 0.0 pips and leverage up to 1:400, it's positioned for traders getting started who value fast execution and regulated.
Pros & Cons
- No minimum deposit
- Multi-jurisdiction regulation
- TradingView integration
- Fast order execution
- No proprietary platform
- Limited stock CFDs
Platforms & tools
Regulation & safety
Pepperstone is regulated across 7 jurisdictions, through the regulators listed above. Protections such as segregated client funds, compensation schemes and negative balance protection differ by regulator and by the entity you sign up with - open each regulator's page for the specifics.
Fees breakdown
Illustrative summary - confirm current pricing on Pepperstone's own website.
Razor account quotes raw spreads from 0.1 pips; Standard account is commission-free with a markup.
Around $3.50 per lot per side on Razor; zero on Standard.
Overnight financing charged or credited daily, with a triple debit mid-week.
Free withdrawals to most cards and e-wallets; international wires may incur a bank fee.
Opening an account with Pepperstone
- 1Start the application and pick your regulating entity
- 2Choose between the Standard and Razor account
- 3Verify your identity electronically or by document upload
- 4Deposit any amount - there is no minimum
- 5Connect MT4, MT5, cTrader or TradingView and start trading
FAQ
What is the minimum deposit at Pepperstone?+
Pepperstone lists a minimum deposit of $10 to open a live trading account. Confirm the current amount on the broker's website, as it can vary by account type and region.
Is Pepperstone regulated?+
Pepperstone holds licences with FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA. The protections you get depend on the regulator and entity you sign up with - see each regulator's page on BrokaBoy for details.
What is the maximum leverage at Pepperstone?+
Pepperstone advertises maximum leverage of 1:400, depending on the instrument and your jurisdiction. Retail leverage may be lower under local regulation.
What are Pepperstone's spreads and fees?+
Pepperstone advertises spreads from 0.0 pips. Around $3.50 per lot per side on Razor; zero on Standard. Overnight financing charged or credited daily, with a triple debit mid-week.
Which trading platforms does Pepperstone support?+
Pepperstone supports MetaTrader 4, MetaTrader 5, cTrader, TradingView across Standard, Razor account types.
How do I open an account with Pepperstone?+
Start the application and pick your regulating entity Choose between the Standard and Razor account Verify your identity electronically or by document upload Deposit any amount - there is no minimum Connect MT4, MT5, cTrader or TradingView and start trading
User reviews
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Ready to open a Pepperstone account?
Confirm the current account terms and pricing on the broker's website.
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