Welcome to our Pepperstone review. The Pepperstone broker was established in 2010 in Melbourne. Since then, it has become a significant player on the online brokerage business, earning over $ 100 billion a month. In 2016, Pepperstone pulled a strategic investment from CHAMP Private Equity, one of the leading investment companies in Australia.
Pepperstone broker regulates from Australia and the United Kingdom. It also has offices in the United States (U.S.A.), U.K., China, and Thailand. However, aside from Pepperstone forex, the broker offers several dozen C.F.D.s for major indices covering commodities such as energy and precious metals, as well as nearly 60 currency pairs.
Pepperstone MT4 and Pepperstone Webtrader
Our Pepperstone review found that the broker offers a set of MetaTrader 4 (MT4) platforms from MetaQuotes Software Corporation, as well as a range of platforms from Spotware Systems: cTrader, cAlgo, and mirror. You will also be offered the WebTrader and mobile apps for iPhone, Android, and tablets.
Pepperstone broker offers additional third-party platforms for the commercial sale of electronic copies of companies to complement the market for signals available by default on the MT4 and mirror platforms. Companies such as ZuluTrade, Tradency, and Myfxbook are a part of this initiative.
Pepperstone Minimum Deposit and Cryptocurrency
Pepperstone review research shows the minimum deposit is $0. In comparison with brokers who require a minimum of $2,000, this is extremely low but in line with the business model used here. However, they recommend that you have about $500.
In the Australian branch, you will have a maximum leverage of 1:500, and in the U.K.U.K. Branch, you will have 1:30. The Razor account type is a kind of account that has outstanding requirements that cannot be matched across the broker industry.
In addition to platforms, Pepperstone broker supports C.F.D. trading on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Dash. This, in turn, satisfies the growing interest in investing in cryptocurrency.
Pepperstone Account Types
Pepperstone review research shows that they offer a wide range of options in their price plan. The Razor Account is the obvious choice for cost-sensitive merchants, but it requires the payment of a commission.
The razor account has lower spreads and 0-0.3 average pips. In comparison, we have the standard account where you do not pay commission, but the spreads are higher at 1-1.3 average pips.
Besides, their active sales program offers additional discounts on applicable commission rates. They offer these discounts based on the amount of the deposit and expected turnover. It helps to increase the position in this category among forex brokers that support active investors.
Our Pepperstone review shows the addition of Razor commission to the standard report, which includes commissions in the most popular spreads. Fees may vary slightly depending on the platform you have chosen to trade.
Pepperstone Withdrawal and Deposit
When doing out Pepperstone review research, we found that the company has many options for deposit and withdrawal and many base currency types. However, for the bank withdrawals, you will have to pay a high $20 fee if you are from outside the E.U.E.U. And Australia.
Pepperstone broker base currencies include AUD, USD, GBP, J.P.Y., E.U.R., CAD, N.Z.D., CHF, S.G.D., and H.K.D. The options are outstanding because if you fund the account with the same currency as the bank account you use, then you do not have to pay conversion fees.
Pepperstone Demo Account
Aside from the excellent educational material you will get when you use Pepperstone, you will also be provided with a demo account that will let you run simulations of your strategies on the platforms to see if you can get the hang of it. It is always important to try it out first before you start trading live. We think that using demo accounts is the best way to learn. Other than all that, you will have a great time using their platforms.
Pepperstone Details Overview
|Established: 2010||Website: https://pepperstone.com|
|Address: Level 16, Tower One, 727 Collins Street, Melbourne, V.I.C., Australia.||Regional Offices: The U.KU.K.|
|Minimum to Open Live: $200||Regulators: : Regulated by the Financial Conduct Authority, U.K.U.K. (F.R.N.: 684312), and ASIC (A.F.S.L. #414530).|
|Minimum Trade Size: 0.01||Prohibited Countries: Afghanistan, American Samoa, Argentina, Canada, Central African Republic, Congo, Congo, Democratic Republic, Cote D’Ivoire and More.|
|Maximum Leverage: 1:500||ECN: Not Available|
|Mobile Trading: Available||Currencies: 60+|
|Trading Platforms: MT4, MT5, and cTrader.||Cryptocurrencies: 5+|
|Robots: Available||CFD: 100+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities.|
|Scalping: Allowed||Web Trading: Available|
|Deposit Methods: :Bank Wire, VISA, MasterCard, B.P.A.Y., Local Bank Transfers, Neteller, PayPal, Poli, Skrill, Transfer from Existing Broker.||Withdrawal Methods:Bank Wire, Neteller, Skrill, and PayPal.|