Pepperstone
3.2/5

Pepperstone

✔ Fast account opening ✔ Great customer service
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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Pepperstone is one of the popular forex and CFD brokers globally that started its operations in 2010. Although it has its headquarters office in Australia, its services go beyond borders, gaining the trust of thousands of traders globally. You will access over 800 CFD instruments on shares, commodities, indices, and ETFs. Forex trading is also available at low fees.

Pros
  • Free transactions.
  • No inactivity charges.
  • Fast order execution speed.
  • Responsive customer service on phone, email, and live chat.
  • Excellent learning resources.
Cons
  • Basic research tools, which can limit advanced traders’ analysis.
  • You can only trade forex and CFDs.
Pepperstone
Pepperstone
Pepperstone
Pepperstone
Pepperstone
Pepperstone
Pepperstone
Pepperstone

Pepperstone – Who Are They?

Pepperstone is an excellent broker that both beginners and advanced traders can benefit from. It is regulated by the most respected authorities globally, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investment Commission (ASIC). 

Pepperstone review

Pepperstone’s account opening process is straightforward. The MetaTrader platforms are also available at this broker should you wish to experience advanced and automated trading. In addition, you can also socialise with other traders through its social platform and copy the positions that have more potential of making profits.

The trading charges at Pepperstone are low, even though you will have to make a higher minimum deposit of $200. In addition, non-trading costs like inactivity and transaction fees are not applicable, making Pepperstone a low-cost broker. So, if you are a frequent trader or one with budget concerns, you need to try this broker. 

Compare Pepperstone With Other Brokers

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Stock Assets
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Commodities Assets
ETFs Assets
Cryptocurrency Assets
Pepperstone logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$200
Bank Wire Transfer, Credit cards, Neteller, Skrill, Paypal
Free
$6,92
Free
No
From 0.5 pips
MetaTrader 4, MetaTrader 5, cTrader
ASIC, FCA
Yes
Yes (up to $115,793)
253
61
16
No
5
eToro logo
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Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$200
Credit card, PayPal, Bank transfer, Neteller, Skrill, WebMoney
0.1%
0.1%
From 1.5%
0.1%
From 2 pips
eToro Proprietary Platform
ASIC, CySec, FCA, FSAS, FSCS
Yes
Yes (up to $115,793)
2044
47
13
145
15
Plus500 logo
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Risk Warning
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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$100
Bank Wire Transfer, Credit cards, Paypal, Skrill
Spreads apply*
Spreads apply*
Spreads apply*
Spreads apply*
Spreads apply*
Plus500 Webtrader
ASIC, FCA, FSCA
Yes
2000+ (CFDs only)
70+ (CFDs only)
4 (CFDs only)
96 (CFDs only)
9 (CFDs only)
CMC Markets logo
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Risk Warning
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
No
Credit cards, Paypal
0.08%
0.11%
From 0.7 pips
0.08%
From 0.3 pips
MetaTrader 4
FCA, BaFin
Yes
Yes (up to $115,793)
8,000
338
136
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13

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Our Opinion About Pepperstone

From our review and test on Pepperstone, we think it's an excellent choice for any trader willing to trade forex and CFDs. It boasts of having top-notch learning materials to help make you more skilful. This includes a demo account that is loaded with $50,000 virtual funds for testing how it works before venturing into the real markets. 

We also liked the MT4 and MT5 platforms availability on Pepperstone. Additionally, the MT4 offers a great mobile trading platform, which you can enjoy by installing Pepperstone’s app on your mobile device. However, note that the mobile app doesn't have a two-factor authentication login for added security.

Other excellent features that we were impressed about are:

  • The Myfxbook which allows traders to copy trades that have more profit potential.
  • MetaTrader signals that let you access various trading strategies and signals.
  • DupliTrade for investment diversification, although you will have to deposit $5,000 to access the platform. 

We can also admit that this broker has reliable customer support. Although it only operates during weekdays, they provide relevant answers to your questions or concerns. Pepperstone’s customer support can be contacted through phone, email, and live chat during its operating days. 

All in all, Pepperstone remains one of the best forex and CFD brokers globally, so give it a try using its demo account and discover what you have been missing.

Adam Jarfjord
Adam Jarfjord

Head of the content of OnlineTrading. Adam creates, distributes, controls the content department, and also writes original guides, having many years of experience in trading. He checks each broker, trading platform, and app in detail so that you can quickly make your choice and be confident in it with his guides.

The opinion of our readers is critical to him, so Adam replies to every comment and tries to take into account the wishes of all readers in order to provide the most helpful information.

Pepperstone Details

Licences
OnlineTrading.Reviews Rating:
✔Fast account opening
✔Great customer service
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
5.0
Customer support
5.0
Commissions & Fees
3.0
Platform & Tools
3.0
Research
4.0 Overall Rating

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