Pepperstone

Pepperstone review best forex broker in Australia
Payouts:
Min Deposit: $200

Pepperstone

  • Online Since 2010
  • Spread From 0 Pips
  • Leverage Up to 500:1
  • MT4, MT5, CTrader, WebTrader Platform
  • Regulation: ASIC and FCA UK
  • Islamic Account (Free Swap)
  • Payment options : Credit Card, Wire transfer, Paypal, Fasapay, Skrill MoneyBookers, Qiwi, China Union Pay, BPay, Poli.
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Details

BrokerPepperstone
Website URLhttps://pepperstone.com
Founded2010
HeadquartersMelbourne, Australia
Support TypesPhone , Live Chat , Email
Trading PlatformMetaTrader 4 Mobile; MetaTrader 4 and 5, WebTrader, CTrader Platform
Minimum 1st Deposit$200
Minimum Account Size$200
Minimum Trade Amount0.01 Lot
Leverage500:1
SpreadStarting 0 Pips
Free Demo Account Yes
Regulated Yes
RegulationASIC Australia, FCA UK
Commissions Yes
Account TypesStandar , Razor , Islamic , Active Traders
Deposit MethodsCredit Card , Wire transfer , Paypal , Fasapay , Skrill MoneyBookers , Qiwi , China Union Pay , BPay , Poli
Withdrawal MethodsCredit Card , Wire transfer , Paypal , Fasapay , Skrill MoneyBookers , Qiwi , China Union Pay , BPay , Poli
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score9.55

Why Must Trade in Pepperstone Forex Broker ?

  • Online Since 2010
  • Spread From 0 Pips
  • Leverage Up to 1:500
  • Free Swap for Islamic Account
  • MetaTrader 4 Mobile; MetaTrader 4 and MT5, WebTrader, CTrader Platform
  • Regulation: ASIC and FCA UK
  • Payment options : Credit Card, Wire transfer, Paypal, Fasapay, Skrill MoneyBookers, Neteller, Qiwi, China Union Pay, BPay, Poli, Broker To Broker.
Free $100 Forex No-Deposit Bonus

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Pepperstone Review

Pepperstone forex broker is one of the most popular forex brokers in the world. It is an Australian broker mainly dealing with forex and CFDs and provides a trading platform for all skill levels. It was founded in 2010 and expanded its offices in 2015 in London to better serve their European clients. Here is a full review of the website.

Fees and commissions

Pepperstone has two pricing models to choose from depending on the account you open; either a standard account or a razor account. Fees slightly vary depending on the account type. The razor account follows a commission based pricing structure. The standard account, on the other hand, depends on a commission fee pricing and isn’t as competitive as the razor account.

Furthermore, Pepperstone has an active trader platform that offers further discounts on the applicable commission rates depending on the deposited amount and the expected trading volumes.

Pepperstone fundings and withdrawals

Pepperstone has a wide variety of funding options including debit and credit cards, and e-wallets. You can use a verified PayPal, Skrill, MasterCard or visa, instant bank transfer, international bank transfers, Bpay for Australian banks, China Union Pay, Fasapay and several other authentic payment options. There are no deposit fees, but you might be charged a transfer fee from your payment provider. Note that Pepperstone doesn’t accept third-party payments. This means that your Pepperstone account details must match that of your payment option. Withdrawals are done daily on or before 21:00 GMT. If you fail to make withdrawals before this time, you will need to wait till the following day.

Web trading platforms

Pepperstone doesn’t have an in-house trading platform. It uses the EDGE environment which is known to be the best performing platform for forex trading technology. Edge ensures that it is possible to trade via MetaTrader 4 and 5 and has an amazing execution speed. Pepperstone also uses a price improvement technology which directs FX orders intelligently so that it can detect market hotspots and deliver optimal prices.

Pepperstone’s trading servers

For fast trading, Pepperstone uses Equinix trading servers. This is how it stays competitive in the market since the electronic trading system it offers needs an effective infrastructure to work effectively. Pepperstone chose equinox as its partner since it offers modern infrastructure for trading forex that is fast and reliable. Pepperstone

Pepperstone trading and educational tools

Pepperstone offers trading tools that assist in advanced trade management and execution, up-to-date market data, decision assistance, sophisticated alarms, and several others. These tools include alarm manager, correlation trader, and correlation matrix, connect, and excel RTD, mini terminal, market manager and a few others. Pepperstone also has a section that offers forex news with several new articles daily, technical analysis software and an economic calendar. Furthermore, Pepperstone has a few educational sections like the glossary and FAQ. You will find several helpful trading guides on a variety of topics for all skill levels.

Pepperstone customer support

Pepperstone has a great customer support service. You can contact them via email, phone or live shat. Their customer service is available in several languages like English, French, Arabic, and Spanish. The live chat works perfectly with instant replies and relevant answers. You also have the option of rating the chat after the conversation and give feedback. Phone support also works perfectly. They receive calls instantly and answer queries in a professional manner. They also reply to email queries in a matter of minutes with relevant answers and informative links. Besides, the Pepperstone customer support is available all day and all night long from Sunday to Friday.

Account safety

Pepperstone keeps client funds safe and secure by segregating the accounts. This is done in Australia by the National Australia Bank and the Barclays bank in the UK. Pepperstone is also regulated by ASIC in Australia and FCA in the UK which helps win the trust of its customers. They use a one-step login process which isn’t more secure as the two-step login process.

Final thoughts

Pepperstone is a reliable and good CFD and FX broker. Its website is well designed and easy to navigate. They also have advanced tools that make it fast and easy to trade. You can choose from different types of accounts depending on your investment level and skills. Moreover, the website is safe and secure despite it not having a two-step verification process. In general, the website is good. Feel free to try Pepperstone.

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