Pepperstone Review


Trading Platforms

Available Assets

Funding Options

Company Information



General Information


Pepperstone is an Australia based broker founded in 2010. The broker offers 1200+ instruments in various asset classes such as forex, shares, ETFs, indices, commodities, and cryptocurrencies to trade. It opened London office in 2015 to better serve its European clients. Pepperstone is regulated by ASIC, SCB, CMA, CySEC, FCA, BaFin, and DFSA.

Trading Platforms

The broker does not offer a proprietary trading platform; however, there is nothing to worry about as the broker offers some of the most well-known third-party trading platforms, including the MT4, MT5, and cTrader.

MetaTrader 4 (MT4)

The MetaTrader 4 platform, abbreviated MT4, is a prominent trading platform that includes advanced trading features and functionality such as live quotes, real-time charts, short news, and analytics. It has an easy-to-use interface and is appropriate for both beginners and advanced traders due to its extensive features. The platform is also completely customisable, allowing you to simply tailor it to your needs and improve your trading performance. The MT4 trading platform is compatible with both demo and live accounts. It is accessible as a desktop application for Windows and Mac computers, a web-based trading platform, and a mobile app for iOS and Android and iOS.

MetaTrader 5 (MT5)

MetaQuotes built the MT5 trading platform, which is a newer and more capable version of the MT4. The platform has been improved with new features and expanded functions to provide you with a more smooth trading experience. For example, instead of the nine timeframes available on the MT4, the MT5 has 21 timeframes, making it ideal for scalpers and advanced traders looking to do in-depth market analysis.

The MT5 trading platform is ideal for traders who want to trade with advanced financial trading functionalities and improved analysis tools. It provides customers with quicker processing times, advanced pending orders, and the ability to hedge their positions. It comes in desktop, web, and mobile versions.


cTrader is a third-party trading platform designed to fulfil the standards of an institutional trading environment. It has a plethora of powerful trading functionalities, such as fast entry and execution, trade automation, strategy backtesting, and more. To suit the trading needs of various types of traders, the platform is designed with a completely customisable user interface. It allows users to personalise their watchlists, email and push notifications. The platform also provides expanded symbol display, advanced order types, and optimises the processing of expert advisors and technical indicators.

Social Trading

Pepperstone has collaborated with a number of social trading platforms to provide you with access to strategies from the world’s finest traders.
Pepperstone allows you to improve your trading abilities by utilising AutoTrade, a forex automated trading system from Myfxbook. AutoTrade by Myfxbook is an account mirroring tool that allows you to copy trades from top-performing forex trading systems. You may build your own portfolio without paying any performance or management fees. Because AutoTrade works on its own dedicated servers, you do not need to run any software on your end.
MetaTrader Signals, which gives real-time access to thousands of trading strategies and signals from successful traders, may take the guesswork and emotion out of trading.
MetaTrader Signals helps you in:
• Diversify your trading with multiple strategies
• Keep costs down: fees are low (and sometimes free) for MT4 signals
• Reduce portfolio risk by utilising a variety of signal suppliers with varying methodologies
• Save time with no paperwork required
• Remove the need to constantly monitor charts
• Gain full control of your account: change capital allocation to a strategy, close trades, change the stop-loss inserted, or remove the strategy at any time
You may diversify your investment using Duplitrade. It is a well-known trading strategy marketplace where you may automate your trading. Duplitrade leverages signals from proprietary traders, allowing you to expand your trading skills and obtain a thorough comprehension of pro techniques.

MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Social Trading


Here is the structure of trading and non-trading fees of Pepperstone.

Commission and Spreads

Fee Razor Account Standard Account
Commission (per standard lot per side) From AUD$7 round turn 100k traded $0
Spreads from 0.0 - 0.3 pips (Average EURUSD spread) 0.6 pips (Average EURUSD spread)

Deposit and Withdrawal Fees

Pepperstone offers a range of convenient and user-friendly deposit and withdrawal options. This includes wire transfers, credit/debit cards, PayPal and e-Wallets. You may be charged some fees when using certain payment methods. There is a high, $20 fee for bank withdrawals for clients outside the EU and Australia otherwise deposit and withdrawals are free of cost.

Accounts can be opened in EUR, CHF, JPY, USD, GBP, NZD, CAD, SGD, HKD & AUD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Inactivity Fees

Fortunately, Pepperstone does not charge any account inactivity fees.

Trading Instruments

The broker offers a wide range of trading instruments to trade and to diversify the risk portfolio. It offers 1200+ instruments in various asset classes such as forex, shares, ETFs, indices, commodities and cryptocurrencies to trade.

However, there is no trading facility for options and bonds in Pepperstone.

Instruments Availability

Customer Service

Pepperstone offers phone, live chat, and email support 24 hours a day, five days a week. They have received several customer service awards and are available to answer any issues you may have in a timely and effective manner. Russian, English, Spanish, Vietnamese, Chinese, Arabic, Indonesian, Italian, French, Laotian, German, and Polish are among the 12 languages supported by Pepperstone.


User experience differs with each platform, but Pepperstone does have a few distinctive usability features that make it an appealing alternative for international traders.

When you connect onto your trading platform of choice, whether you have a Standard or a Razor account with Pepperstone, you will not encounter any compatibility issues. When opposed to brokers who only provide a native platform and a single cost structure, this provides traders with a more personalised experience.

Pepperstone provides easy to use MT4, MT5 and cTrader platforms for its customer. MetaTrader platforms are thought to be the bible for every trader. They have all that novice or a pro trader requires. There are easy navigational menus, wide order types, and instant order execution for scalpers. The mobile usability is spontaneous and provides almost all those available options held with the desktop platforms.

Research & Education

Pepperstone offers a diverse set of learning materials to assist traders make informed trading decisions.They include the following:

Pepperstone Academy: The broker’s “Education” section functions as a comprehensive trading school. It includes a large number of learning tools that will educate traders all they need to know about trading in financial markets. This section can be found at the top of the broker’s webpage. It features learning courses, trading guides, video tutorials, and much more.

News & Market Analysis: The broker offers a daily newsletter titled The Daily Fix, which is written by their team of research experts. The market news section also keeps traders up to date on the newest financial market occurrences. These tools not only ensure traders up to date on significant market developments, but they also supply traders with detailed analysis of the financial markets.

Pepperstone Blog: This section includes a collection of often updated research articles written by Pepperstone’s head of research expert and his team. These learning articles are organised in a blog format, with the most recent articles at the top, making it easier for traders to access the most recent subjects.

Webinars: These are frequent events hosted by the broker and aired to its clients through the internet. It enables the host and speakers to share PowerPoint presentations, videos, web pages, or other multimedia content with traders regardless of their location. The broker’s expert-led webinars are designed to assist traders of all levels expand their trading expertise and become even better traders.

Autochartist: The Autochartist software is a great research tool that assists traders in focusing on the trade by removing market noise and highlighting currency pairings, data intervals, and technical indicators that represent major market events. It is a specialised scanner that is known for providing statistically significant market movements and identifying key price levels that have proven to be market catalysts.

Economic Calendar: This important trading tool enables traders to remain ahead of future global events. It displays the timetable of future market events as well as their projected effects on financial markets. This is beneficial for event traders.

Market Analysis
Trading Central
Economic Calendar


Pepperstone is governed by top-tier regulators such as the FCA in the United Kingdom. At the same time, the firm is not publicly traded, does not publish financial information, and does not have a bank parent.

Pros & Cons




Pepperstone is a well-known brokerage business with an excellent regulatory record. The broker offers a various range of beneficial trading tools, instructional materials, and advanced trading platforms in desktop, web, and mobile versions. Clients can purchase and sell over 1,200 financial products across various asset classes. Their clients also benefit from competitive trading circumstances, including as narrow spreads, no fees, quick order processing, and accessible funding alternatives. It is a matter of few minutes to register an account, while the minimum deposit required to start trading with Pepperstone is $200. With this broker, you can enjoy the company of instant, award-winning customer support which is 24/5.