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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.

BrokaBoy/Brokers/Pepperstone
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Pepperstone logo

Pepperstone

Top Pick

Award-winning execution speed

4.7BrokaBoy score (see user reviews below for platform ratings)
FCA · ASIC · CySEC · DFSA
Min Deposit
$0
Max Leverage
1:400
Spread From
0.1
Platforms
4
MetaTrader 4
Regulation
4
FCA
Founded
2010

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.

With spreads starting from 0.1 and leverage up to 1:400, it's positioned for traders getting started who value fast execution and regulated.

Pros & Cons

Pros
  • No minimum deposit
  • Multi-jurisdiction regulation
  • TradingView integration
  • Fast order execution
Cons
  • No proprietary platform
  • Limited stock CFDs

Trading conditions

Asset classSpreadCommissionMax Leverage
Forex majors (EUR/USD)0.1 pips$3.50 / lot1:400
Indices (US500)0.4 pts$01:200
Commodities (Gold)0.30$01:100
Crypto (BTC/USD)0.5%$01:5
Stock CFDsN/A$0.02 / share1:20

Platforms & tools

MetaTrader 4 logo
MetaTrader 4
MetaTrader 5 logo
MetaTrader 5
cTrader logo
cTrader
TradingView logo
TradingView

Regulation & safety

Pepperstone is regulated across 4 jurisdictions, with client funds held in segregated accounts. Retail clients are protected by negative balance protection where required by the relevant regulator.

Fees breakdown

Illustrative summary - confirm current pricing on Pepperstone's own website.

Spread type

Razor account quotes raw spreads from 0.1 pips; Standard account is commission-free with a markup.

Commission

Around $3.50 per lot per side on Razor; zero on Standard.

Overnight / swap

Overnight financing charged or credited daily, with a triple debit mid-week.

Withdrawals

Free withdrawals to most cards and e-wallets; international wires may incur a bank fee.

Opening an account with Pepperstone

  1. 1Start the application and pick your regulating entity
  2. 2Choose between the Standard and Razor account
  3. 3Verify your identity electronically or by document upload
  4. 4Deposit any amount - there is no minimum
  5. 5Connect MT4, MT5, cTrader or TradingView and start trading

User reviews

Reviews below are collected live from independent public review platforms. BrokaBoy does not host, moderate or edit them, and scores change over time. Follow any link to read the full review at the source.

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