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Overall

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Commissions & Fees

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Licensing & Safety

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Platforms & Tools

Each broker we review is judged on the same 10 key areas. We include different instruments and holding positions overnight. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. We look for specific features such as customizability and trading signals.

Number of instruments

Open Account

Traders

Regulated by

Overview
Fees and commissions
Safety
Opening an account
Account types
Trading Platforms
Markets and products
Research tools
Education and training
Customer support
Our verdict

review

Q: Is Pepperstone regulated?

Yes, our review of Pepperstone found that the broker is regulated by both ASIC and FCA. These are two stringent regulators based in Australia and the UK respectively. Licenses from both of these authorities prove that Pepperstone operates in a responsible and fair manner.

Q: Is Pepperstone a scam?

No, Pepperstone is not a scam as it is a well-regulated broker that has been in business since 2010. It has positive reviews from both clients and industry figures and has earnt several awards and accolades too.

Q: What is the minimum deposit at Pepperstone?

The minimum deposit at Pepperstone is $200, 200 GBP, or 200 AUD for both Standard and Razor accounts. This is accessible for both beginners and advanced traders and is around average compared to other brokers .

Q: Does Pepperstone charge commission?

Pepperstone does charge small commissions if you choose to open a Razor account. To make up for this, Razor accounts come with very low spreads and no non-trading costs, such as deposit and withdrawal fees and inactivity fees. Standard accounts do not incur commission charges.

Q: What Pepperstone account types are there?

Pepperstone offers standard accounts or Razor accounts with tighter spreads. You can also become a premium client, professional trader, or Active Trader. Demo and Islamic accounts are also available.

2 June 2022 - Kate Leaman

After detailed research, our Pepperstone review team can confirm that this is a highly reputable and well-regulated broker with a track record dating back to 2010. Pepperstone prides itself on its low spreads and superior technology, which you can enjoy across two accessible account types. You’ll also benefit from strong client protection measures, as well as licenses from FCA, CySEC, DFSA, SCB, BaFin, CMA and ASIC. Over the years, Pepperstone has earned honors from Deloitte, Investment Trends, and others, providing even more confidence in the broker. To give you an idea of its reach, Pepperstone has more than 99,000 traders worldwide and processes $9.2 billion in daily trades on average.

More than 1200 instruments
Enjoy fast execution in under 30ms
Regulated and licensed by FCA, ASIC, CySEC, DFSA, SCB, CMA & BaFin
Best broker for active traders
Not licensed for American traders

overall scores

In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how scored in each of our high-priority categories.

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Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Since 2015, we’ve reviewed over 200 forex brokers.

Commissions & Fees

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Payments

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Licensing & Safety

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Customer Service

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Trading Platforms & Tools

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Education

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