Pepperstone Review in Nov. 2023

Trade CFDs on the following instruments with Pepperstone:

• Forex: CFDs on 96 currency pairs across majors, minors and exotics. You'll also find CFDs on 3 currency indices like the US dollar index.
• Cryptocurrencies: CFDs on major and minor cryptocurrencies. You'll also find CFDs on the price of Bitcoin and Ethereum in euros and British pounds.
• Stocks: CFDs on almost 1,000 stocks listed in the US, the UK, Germany and Australia including tech, energy and mining companies.
• Indices: CFDs on American, European, Asia-Pacific and African stock market indices. These include the NASDAQ, the S&P 500 and the FTSE 100.
• ETFs: CFDs on over 100 ETFs that track the performance of entire sectors or even countries. These include mining, energy, technology and even bond ETFs.
• Metals: CFDs on the price of gold, silver and industrial metals against a wide range of currencies. You'll find CFDs on gold priced in US dollars, euros, British pounds, Australian dollars, Singapore dollars, Swiss francs and other currencies.
• Commodities: CFDs on the price of agricultural commodities like coffee, sugar, lumber and live cattle. Few brokers in our panel offer as wide a selection of CFDs on agricultural commodities.
• Energies: CFDs on the price of Brent crude, WTI crude, natural gas and gasoline in US dollars.

Note: the range of instruments will depend on your trading platform. Please visit Pepperstone.com for more information.

* Availability is subject to local laws and regulations.

Range of platforms

MetaTrader 4 and 5: are among the world's most popular trading platforms for retail traders. Pepperstone's MetaTrader platform comes with the "Smart Trader Tools" package, a collection of 20+ indicators and Expert Advisors that will appeal to scalpers, day traders, and swing traders. For example, you could use this package to draw trendlines on the charts and let MetaTrader open and close positions automatically once the price hits these lines.

TradingView: comes with advanced charting tools and social trading features. Create your Pepperstone account here before connecting it to TradingView. TradingView offers a wide range of order types, as shown in the second screenshot.

cTrader: is a rival trading platform with advanced trading capabilities and depth of market information. It also supports trading robots.

Trading conditions

Pepperstone's competitive spreads and low commissions are a significant advantage. Its Standard account offers low and variable spreads that are likely to appeal to all traders. Its Raw account, which offers spreads from 0 pip plus commission, is designed for day traders and scalpers.

Swap-free trading: Pepperstone's Standard account is available in a swap-free format for clients from certain Muslim-majority countries. Its trading conditions are no different from that of its regular account. An administrative charge will be applied to your account if a trade is held open for 10 days or longer.

Copy Trading

Pepperstone has partnered with several social trading platforms to help you copy strategies from professional traders. These include Myfxbook and DupliTrade. You may also copy trading signals through the MetaTrader platform itself.

Please note that the availability of copy trading and mirror trading services will depend on your jurisdiction. Please enquire with Pepperstone.com.

Trading tools

Trading signals: AutoChartist is a market scanner that could help you uncover new trading opportunities. Its alerts are built directly into Pepperstone's MetaTrader platform.

VPS: Pepperstone has partnered with two VPS providers to secure discounts of up to 25% on their fees. If you're passionate about trading robots, you'll need a VPS to get the most out of them.

With Pepperstone, you can open a trading account denominated in USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD and HKD. If possible, open an account in your currency to avoid any currency conversion fees on your deposits and withdrawals.

You can fund your account with Pepperstone through a Visa or Mastercard or a bank transfer. Further options may be available to you when you login to your account, based on your country of residence. Create a free account on Pepperstone.com to see the funding options available to you.

Pepperstone charges no fees on deposits, but withdrawal fees may apply based on your chosen withdrawal method. For example, we funded our account in the UAE by card, but were only able to withdraw our funds through an international bank transfer (subject to a fee).

The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company's website for a list of all payment methods.

* Availability is subject to local laws and regulations.

Your access to an investor compensation fund will depend on the Pepperstone entity with which you open an account, and ultimately, on your country of residence. If you open an account through Pepperstone's entities regulated in the European Union or the UK, you'll be covered by these countries' investor compensation schemes.

As we are based in Dubai, our trading account was paired with Pepperstone's entity registered in the Dubai financial centre. No investor compensation scheme is available in the UAE, Australia, or the Bahamas, for that matter.

Pepperstone holds its clients' funds in segregated accounts with tier-1 banks. Withdrawal requests are processed instantly. As a retail trader, you'll enjoy negative balance protection with whichever Pepperstone entity you open an account.

Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.