Pepperstone Review 2020

Pepperstone Rated 4/5
Pepperstone Review Screenshot

Pepperstone Guide - Read our In Depth Pepperstone Review

This Pepperstone review was written by industry experts with over 20 years of financial experience in Forex, CFDs, Social Trading.
The content in this Pepperstone review does not apply to US users.

What is Pepperstone?

Pepperstone are an a global online financial trading platform and multi asset broker founded in 2010

Over 10 years later Pepperstone has grown to offering retail investors Forex trading, CFDs trading, and Social trading.

Pepperstone are a global broker and have a head office in Australia.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Pepperstone review and assess how well the Pepperstone platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Pepperstone can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Pepperstone we breakdown the pros and cons. What Pepperstone are able to offer, what countries Pepperstone are available in. Who Pepperstone are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Pepperstone review useful.

This review of the Pepperstone platform is very detailed. If you are interested in trading with Pepperstone in any capacity please take the time to read and research the whole Pepperstone review.

We have tried to explain the ins and outs of financial trading through the Pepperstone platform as plainly as possible so that you the trader are as informed as possible before you start to use the Pepperstone trading tools and depositing and withdrawing funds from Pepperstone.

Benefits of trading with Pepperstone

Open Pepperstone's Website

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Pepperstone are reputable enough to have a wikipedia page link. Wikipedia content is highly moderated for accuracy. It is very hard to get a Wikipedia page.
Open Pepperstone's Wikipedia page

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Pepperstone like Forex trading, CFDs trading, and Social trading. you should have confidence in Pepperstone and know that the management of your financial investments on the Pepperstone platform is in good hands.

At the bottom of this Pepperstone review you can also learn about some pretty good alternatives to Pepperstone

With this Pepperstone review we hope to help you see if Pepperstone is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Pepperstone that will help you get off to a good start in the world of online trading.

Pepperstone Review Table of Contents

Pepperstone review
Pepperstone is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Pepperstone. Pepperstone is a multi asset platform with 100+ tradable Assets. Assets available on Pepperstone include Forex, CFDs, Social Trading.

Pepperstone trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex, CFDs, Social Trading are considered financial assets.

Pepperstone review
Features of Pepperstone

Pepperstone review
What you should know

Pepperstone offer three ways to trade: Forex, CFDs, Social Trading.

With Pepperstone you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with Pepperstone platform.

Pepperstone are able to accommodate various levels of traders whether you are experienced or a beginner.

Pepperstone review
Are Pepperstone safe?

When choosing a broker like Pepperstone the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2010, and in operation for 10 years Pepperstone have a head office in Australia.

Pepperstone is regulated. This means Pepperstone are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Pepperstone, this will be honored. If Pepperstone violate any regulatory rules their regulated status could be stripped.

Pepperstone review
Is my money safe with Pepperstone?

Any payments funded to Pepperstone accounts by traders are held in a segregated bank account.

For added security Pepperstone use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Pepperstone use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Pepperstone deposited in a Tier 1 bank?

Having any money you deposit with Pepperstone means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Pepperstone goes out of business for some reason.

Therefore, we can safely conclude that Pepperstone is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex, CFDs, Social Trading is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Pepperstone also clearly state on their platform that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Now that we have answered some important questions regrding Pepperstone. let us look at the Pepperstone features in more detail.

Try creating two accounts when you are working with Pepperstone. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Pepperstone

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Pepperstone as a Company Compare Against Other Brokers

Broker Pepperstone eToro IC Markets XTB
Year Established 2010 2006 2007 2002
Head Office Australia Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ Pepperstone users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Pepperstone Visit eToro Visit IC Markets Visit XTB
Risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Pepperstone review
Pepperstone Pros and Cons

What we like about Pepperstone

  • Used by over 10,000 Pepperstone users and traders
  • Established in 2010
  • Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
  • Min. deposit from $200

What we don't like about Pepperstone

Pepperstone review
Pepperstone Regulation and Licensing in more detail

We have checked and Pepperstone is regulated and supervised by reputable organisations. You are able to check every Pepperstone supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Pepperstone. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Pepperstone traders and provide a safe trading environment.

Pepperstone is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Pepperstone you should be sure they're legitimate online agent.

Pepperstone review
Is Pepperstone Global?

Yes, Pepperstone is global as Pepperstone is available in over 188 countries.

Pepperstone is a global trading platform in the sense that it operates in 188 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Pepperstone covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. As per its Wikipedia page, Pepperstone has a total of more than 10,000 users. Commendable figures from Pepperstone.

Pepperstone review
Pepperstone Awards

Pepperstone have won numerious industry awards over the 10 years they have been operating as a financial broker. We list the most notible awards and mentions for Pepperstone below.

  • Global Forex Awards Best Global Forex ECN broker 2019 Winner
  • Global Forex Awards Best Forex Trading Support Europe 2019 Winner
  • Investment Trends Australia Number 1 for Spreads 2018 winner
  • UK Forex Awards Best Forex ECN Broker
  • UK Forex Awards Best Forex Trading Support 2018 Winner
  • UK Forex Awards Trading Conditions 2018 Winner
  • Australia FX Report Investment Trends Number 1 Customer Service Winner 2018
  • Australia FX Report Investment Trends Number 1 Value for Money 2017 Winner
  • Australia FX Report Investment Trends Number 1 for Risk Management 2017 Winner
  • Australia FX Report Investment Trends Number 1 for Education Materials 2017 Winner
  • Australia FX Report Investment Trends Number 1 for Fund Withdrawal 2017 Winner

Pepperstone review
Pepperstone Fees Explained

  • Pepperstone doesn't charge withdrawal fees
  • Pepperstone does charge a fee for inactive accounts.
  • Pepperstone doesn't charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Pepperstone Fees Compare Against Other Brokers

Broker Pepperstone eToro IC Markets XTB
Min Deposit 200 200 200 0
Withdrawal Fees No Yes No varies
Inactivity Fees Yes Yes No No
Deposit Fees No No Varies No
CFD Commission Fees Yes No Yes Yes

Pepperstone review
Pepperstone Minimum Deposit

Pepperstone require a minimum desposit of 200 GBP/USD when opening an Pepperstone trading account.

A minimum deposit is the minimum amount of money required by Pepperstone to open a new online brokerage account with them.

Dont be scared off by brokers like Pepperstone charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Pepperstone review
Pepperstone Withdrawal Fees

Pepperstone doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Pepperstone for example allow you to withdraw your funds to Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer.

Pepperstone review
Pepperstone Inactivity Fees

Pepperstone does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Pepperstone review
Pepperstone Desposit Fees

Pepperstone does not charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Pepperstone review
Pepperstone Commission Fees

Pepperstone does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Pepperstone review
What can you trade with Pepperstone?

Be aware that Different entities under Pepperstone Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Pepperstone over 100 instruments infact.

If you are looking at trading currency pairs Pepperstone offer over 70 currency pairs.

Compare Pepperstone with eToro and IC Markets below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

How Pepperstone Trading Options Compare Against Other Brokers

Broker Pepperstone eToro IC Markets XTB
Instruments Available 100 2000 232 4000
Platforms MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 70 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs        
Commodities Offered 16 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 60 957 100 1696
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Pepperstone
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Pepperstone review
Trading on Pepperstone web platforms and other applications

Pepperstone is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

Pepperstone is one of a handful of brokers that offer the cTrader platform developed for traders. For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers.

An Pepperstone IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Pepperstone also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See Pepperstone's platforms

Pepperstone review
Is the Pepperstone Trading Platform Secure?

Pepperstone safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Pepperstone also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Pepperstone.

Pepperstone review
Pepperstone Trading Platform Options

Once you have logged into your Pepperstone account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • cTrader

Lets explore each of these trading platforms in detail and what options Pepperstone gives you.

Pepperstone review
Pepperstone MetaTrader 4 (MT4)

Pepperstone MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Pepperstone. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Pepperstone in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Pepperstone MetaTrader 4 is compatible with the latest macOS Mojave. Pepperstone allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Pepperstone

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Pepperstone MetaTrader 4 on IOS Devices

You can download the Pepperstone app or also trade with Pepperstone through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Pepperstone MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Pepperstone provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Pepperstone MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Pepperstone MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Pepperstone MetaTrader 4 Advanced Trading Tools

The Pepperstone advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Pepperstone offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Pepperstone MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Pepperstone MetaTrader 4 & MetaTrader 5 AutoChartist

Pepperstone Autochartist provides the world's first Market Scanner available for MT4 & MT5 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Pepperstone review
Pepperstone MetaTrader 5 (MT5)

Pepperstone MetaTrader 5

MetaTrader 5 also known as MT5 is a multi asset trading platform that provides a wide range of trading features and financial research tools, MT5 also allows the use of automated trading systems (trading robots) and copy trading. New features like additional timeframes and advanced charting tools can give you a competitive advantage in the financial markets.

MetaTrader 5 was released in 2010 and is the updated version of MetaTrader 4.

MetaTrader 4 was built specifically to trade Forex and CFDs, MetaTrader 5 on the other hand facilitates trading of Forex, Futures, Stocks, Algorithmic Trading, ETFs and Indices.

IC Markets MetaTrader 5 Instruments

IC Markets MetaTrader 5 Charting

You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.

Trade Pepperstone MetaTrader 5 WebTrader

Access your Pepperstone MetaTrader 5 accounts from any web browser. It features a huge range of tools like additional timeframes and the most up to date technical indicators to give you all the trading resources you need to trade on and analyse the financial markets.

Pepperstone review
Pepperstone MT5 Buying and Selling

IC Markets MetaTrader 5 Buying and Selling

Pepperstone MetaTrader 5 on IOS Devices

Pepperstone MetaTrader 5 Can Operate on the and newer IOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. It's suggested that you upgrade the IOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. Pepperstone MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

Pepperstone MetaTrader 5 on Android Devices

MetaTrader 5 for Android may be used on a Android smartphone or a tablet powered by the Android 5.0 or higher operating system. Additionally, to connect to Pepperstone trading server. Take the time to understand all of the Android MetaTrader 5 features. With Metatrader 5 for Android you can trade a selection of financial instruments at any time, in any place.

Pepperstone Metatrader Mobile Application Features

MetaQuotes the developers of Metatrader have listened to the feedback of their millions of users and have built the most popular mobile trading platform in the world. MetaTrader features include :

  • Financial instrument quotes
  • View in depth price charts of financial instruments
  • Manage trades and open positions
  • View your trading history
  • View market news
  • MetaTrader internal messaging
  • View and research market statics of Pepperstone financial instruments
  • Position opening and closing
  • Lookup symbols in the quotes section
  • Display of deals on graphs
  • Timeframe selection for graphs and charts
  • Additional vertical scaling of graphs
  • Capability to transfer accounts to other devices using QR codes
  • Information is available only if it's supplied by Pepperstone
  • Access the OTP generator through FaceID or fingerprint

Pepperstone MetaTrader 5 Advanced Trading Tools

Pepperstone MetaTrader 5 has many advanced trading tools for the more advanced users. Understanding these tools can give you a competitive edge.

  • Depth of market bids and asks
  • Price Data
  • Margin Calculation, Futures, Forex
  • Advanced Techincal Analysis
  • One click trading
  • Spreads
  • Futures
  • Trading Reports

Pepperstone review
Pepperstone cTrader

Pepperstone cTrader

CTrader is a comprehensive trading platform solution for Forex and CFD brokerages to provide to their traders. The platform is packed with a complete variety of features to cater to each and every investment taste imaginable.

The cTrader Premium Charting and Manual Trading Platform available on Pepperstone

cTrader is a top multi-asset Forex and CFD trading platform. cTrader offers advanced order types, charting tools, amount II pricing, and quick entry and execution. Using a amazing looking layout and dashboard, it is linked to state of the art infrastructure, that can be accessed from many devices.

IC Markets cTrader

cTrader Copy available on Pepperstone

CTrader Copy empowers everyone on the platform to share their investment strategy and to share their trading strategy for a fee or commission. Other dealers can search and replicate the approaches available, and revel in a commitment-free investing. Furthermore, traders can use their own risk management configurations.

IC Markets cTrader Copy Trading

cTrader Automate available on Pepperstone

CTrader Automate provides traders the ability to create algorithmic trading robots to automate financial trading plans. Dealers can use cTrader's contemporary C# API to write code within the IDE, the IDE allows developers optimize and test their financial robots.

cTrader Open API available on Pepperstone

Build your own software using cTraders Open API. It is a free, secure and publicly available API for all. Developers can take advantage of cTraders mature infrastructure to construct desktop, mobile and online software. The open API allows developers to interact and interface with any cTrader account.

You can learn more about the cTrader Platform Here.

Pepperstone Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection

Pepperstone Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • STP account
  • Islamic account

Can I try Pepperstone before I buy?

Pepperstone offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Pepperstone withdrawal and funding methods.

Please note that the list of Pepperstone payment methods below depend on the Pepperstone Entity and the Clients Country of Residence.

Pepperstone offer the below funding payment methods. learn more about Pepperstone

Pepperstone Payment Methods

  • Pepperstone accepts Credit cards
  • Pepperstone accepts VISA
  • Pepperstone accepts MasterCard
  • Pepperstone accepts Debit cards
  • Pepperstone accepts Bank Transfer
  • Pepperstone accepts Electronic wallets (eWallets)
  • Pepperstone accepts PayPal
  • Pepperstone accepts Neteller
  • Pepperstone accepts BPAY
  • Pepperstone accepts POLi
  • Pepperstone accepts UnionPay
  • Pepperstone accepts FasaPay
  • Pepperstone accepts QIWI
  • Pepperstone accepts Payoneer
Broker Pepperstone eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with Pepperstone?

When opening a trading account with Pepperstone, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Pepperstone trading platforms here.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Performing trades with Pepperstone

Pepperstone allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Pepperstone offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

Pepperstone are one of very few brokers that claim to have no requotes, so you don't have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the instruments.

Pepperstone also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders, negative balance protection, price alerts, and much more. You can see all of the account features offered by Pepperstone here.

Pepperstone Leverage and Pepperstone CFDs Explained

let's take a look at some of the basics of using Pepperstone leverage.

Pepperstone offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Pepperstone leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Pepperstone trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Pepperstone leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Pepperstone CFDs are typically used for short to medium term trades. For example Pepperstone intraday trading.

Limiting Your Risk When Trading with Pepperstone Negative Balance Protection

We should say something about negative balance protection with Pepperstone. When trading using leverage an adverse move could result in losing more than your trading account balance at Pepperstone. Your Pepperstone account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

Limit Risk When Trading with Pepperstone Stop Loss, Pepperstone Stop Limit Orders

A stop-loss order is an order placed with a broker like Pepperstone to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Pepperstone

To trade effectively with Pepperstone, it's important to get a have a good understanding of the Pepperstone trading tools and the markets.

Pepperstone offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Pepperstone.

Take time to look around the Pepperstone platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Pepperstone

Pepperstone support a wide range of languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

Pepperstone have a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

Pepperstone customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at Pepperstone

We tested the Pepperstone live chat and it works well. We sent messages to Pepperstone livechat through their app and website and recieved a response within 3 minutes.

We tested communicating with Pepperstone support in multiple languages in multiple countries. Pepperstone where able to quickly resolve our customer issues.

Email Support at Pepperstone

We sent several emails to Pepperstone and answer times overall were excellent. The fastest response from Pepperstone was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Pepperstone, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Pepperstone.

Phone Support at Pepperstone

We called Pepperstone and the call was answered very quickly. The call was answered in less than 1 minutes.

The Pepperstone phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Pepperstone team by calling in varying languages. Pepperstone made an effort to make sure our queries were answered.

Overall great phone support from Pepperstone.

See how Pepperstone Support Compares Against Other Brokers

Broker Pepperstone eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Pepperstone Visit eToro Visit IC Markets Visit XTB
Risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Pepperstone

As Pepperstone is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Pepperstone Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Pepperstone's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Pepperstone you can visit the Pepperstone trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://pepperstone.com/ on November 26, 2020.

Pepperstone review
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Pepperstone review
Is Pepperstone A Good Broker?

We spent over 3 months examining Pepperstone in depth. Although Pepperstone are not perfect we found many really useful aspects with the overall offering from Pepperstone. Our personal experience of trading with Pepperstone was very good. Weighing up many points Pepperstone is a good broker.

  • Pepperstone have a good track record of offering Forex, CFDs, Social Trading.
  • Pepperstone has a history of over 10 years.
  • Pepperstone has a reasonable sized customer support of at least 10.
  • Pepperstone are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217. This means Pepperstone fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Pepperstone have regulation from a Tier 1 reputable country.
  • Pepperstone has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Pepperstone have an international presence in multiple countries. This includes local Pepperstone seminars and training.
  • Pepperstone are able to hire people from various locations in the world who can better communicate in your local language.

Pepperstone Risk Disclaimer

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Pepperstone review
Pepperstone not quite right?

If after reading this Pepperstone review, Pepperstone does not fulfill your needs check out these Pepperstone Alternatives.

Click here to view the best Pepperstone Alternatives

We have spent years researching the best alternatives to Pepperstone. Click the links below to learn more.

If you feel some of the above Pepperstone are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Pepperstone alternatives below.

Pepperstone review
Related Pepperstone Vs Comparisons

We have covered allot in this Pepperstone review, If you want to see how Pepperstone compares side by side with other brokers check out our Pepperstone Vs pages.

If you would like to see how Pepperstone stands up against other brokers you can read some of our Pepperstone comparisons below. We compare side by side some of our top rated Pepperstone versus comparisons. Read our indepth Pepperstone VS pages below.

Pepperstone review
PEPPERSTONE Frequently Asked Questions

Can I try Pepperstone before I buy?

Pepperstone offer a demo account so you can try the Pepperstone platform before you put down a payment. Learn more here

What funding methods do Pepperstone accept?

Please note that the list of payment methods below depend on the Pepperstone Entity and the Clients Country of Residence.

Pepperstone offer the following funding payment methods Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer, among other payment methods.
Learn more here

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Is Pepperstone safe?

Pepperstone are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217. Any payments funded to Pepperstone accounts by traders are held in a segregated bank account. For added security Pepperstone use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Pepperstone trading good?

Pepperstone is considered good and reputable to trade with Pepperstone. Pepperstone is used by over 10000 active traders and Pepperstone users. Pepperstone offers Forex trading, CFDs trading, and Social trading. Minimum deposit with Pepperstone is 200.

Is Pepperstone trading Legit?

Pepperstone was founded in Australia in 2010. Pepperstone has been facilitating trade on the financial markets for over 10 years. Pepperstone offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to Pepperstone are held in segregated tier 1 bank accounts for security. Pepperstone is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 so can be considered legit.

Is Pepperstone a good broker?

Pepperstone is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 so can be considered a good broker. Pepperstone allows Forex trading, CFDs trading, and Social trading.

Is Pepperstone trustworthy broker?

Pepperstone can be considered trustworthy. All money funded to Pepperstone is placed into a segregated tier 1 bank account. this means your money in not held by Pepperstone directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Pepperstone is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217.

What is the minimum deposit for Pepperstone?

The minimum deposit to trade with Pepperstone is 200.

How long do Pepperstone withdrawals take?

Withdrawing money from Pepperstone processing time varies but averages 2-5 days.

Is Pepperstone regulated?

Pepperstone is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217.

Is Pepperstone a market maker?

Pepperstone is a market maker. Stocks, currency and other commodities and instruments will be purchased by Pepperstone even if no buyer is lined up.

How can I start trading with Pepperstone?

When opening a trading account with Pepperstone, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Pepperstone trading platforms here.

Is my money safe with Pepperstone?

Pepperstone is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217. One of the most important criteria for traders when choosing a broker like Pepperstone is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Pepperstone, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Pepperstone a con?

Pepperstone is regulated and well established having been in business for over 10 years. Pepperstone is definitely not a con.

Can you make money with Pepperstone?

Although traders have had great success with Pepperstone. Trading on the financial markets with Pepperstone is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Does Pepperstone have fees?

Pepperstone doesn't charge withdrawal fees. Pepperstone does charge a fee for inactive accounts. Pepperstone doesn't charge deposit fees.

When was Pepperstone founded?

Pepperstone was founded in 2010.

How many people use Pepperstone?

Pepperstone is used by over 10000 registered Pepperstone users.

What is Pepperstone Headquarters country?

Pepperstone has its head quarters office in Australia.

Does Pepperstone offer negative balance protection?

Pepperstone offers negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Pepperstone offer guaranteed stop loss?

Pepperstone does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Pepperstone allow scalping?

Pepperstone offers scalping.

Does Pepperstone allow hedging?

Pepperstone offers hedging.

Does Pepperstone offer CFD trading?

Pepperstone offers CFD trading.

Does Pepperstone offer STP?

Pepperstone offers STP trading.

How many people use Pepperstone?

Pepperstone is used by over 10000 Pepperstone users and traders.

Is Pepperstone an ECN broker?

Pepperstone offers ECN trading.

Does Pepperstone offer a demo account?

Pepperstone offers a demo account.

Does Pepperstone offer an Islamic account?

Pepperstone offers a Islamic accounts.

What are the funding methods for Pepperstone?

Pepperstone accept the following funding methods : Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer.

Pepperstone review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Pepperstone brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Pepperstone review written by Mark Hansen of Comparebrokers.co