Pepperstone is a class forex broker. classic and simple. In this Pepperstone review, I will show you why many traders are moving on to their platform.
A broker which launched in 2010 will surely have experience and good operations to have lasted this long.
Apart from the fact that it is a well-regulated broker, it has won many notable awards in the past years.
Here is a sneak peek
|Pepperstone Spread||Flexible spread|
|Deposit Methods||Visa Mastercard, Bank transfer, MPESA, Paypal|
|Withdrawal Methods||Visa Mastercard, Bank transfer, MPESA, Paypal|
Register With Pepper Stone Today
You will love the experience
Is Pepperstone Regulated and Legal?
Yes, Pepperstone broker is well regulated by the Capital Markets Authority. (Company No.PVT-PJU7Q8K | CMA Licence No.128.
Also, a winner of many awards just to mention a few below
- Best Valuer Broker Global Forex Awards: The awards celebrate the best performing forex Retail and B2B forex companies on a global and regional basis.
- Best Scalping Broker by InvestinGoal Best Broker Awards: InvestinGoal.com takes a scientific approach to broker analysis. No bias or spin, just accurate and up-to-the minute data and reviews of the best online brokers, enabling traders to make informed choice
Therefore, you can be assured that trading with pepper stone is indeed very safe.
PepperStone Review – Frequently Asked Questions
The minimum deposit for Pepperstone broker is $200. Although quite high when compared to other brokers, it’s still considered generally fair.
Pepperstone stone varies depending on the account which you have opened with them. but these spreads are generally low sometimes up to 0pip even on the standard account.
Pepperstone only charges commissions on their razor account. Commissions are only charged on Razor accounts when trading CFDs on Forex and Shares. On MT5 and MT4, micro lots are rounded up or down.
Pepperstone is one of the few forex brokers accepting Paypal as a deposit method. Other deposit methods include Visa Mastercard, Bank transfer, and MPESA.
No. but you can expect some fees from your bank. Any International Telegraphic Transfer (TT) Fees charged by our banking institution are passed onto the Client. Most International TTs are approximately USD$20.
Withdrawals made by Bank Wire Transfer usually take 3-5 working days to reach your account
There may be unforeseen circumstances whereby withdrawal times may be longer
Pepperstone Account Types and spread
Pepperstone has two major types of account which are
- Razor Account and
- Standard account
What differentiates these two accounts are the spreads and commissions involved.
See details below
Pepper Stone Standard Account Review
This account is perfect for beginner traders. The standard account has a 1 pip mark upon the raw spread with no commissions charged.
Pepperstone Razor Account
Razor account offers access to raw spreads from 0.0 pips with a commission charge applied. The Razor account is popular with scalpers and for clients looking to run Expert Advisors.
Razor: raw spreads and commissions (e.g. 0 pip spread plus USD$7 commission = total cost USD$7)
Standard: raw spread + 0.6 pip increase (e.g. 0 pip spread plus 0.6 pip = 0.6 pip)
Pepperstone Review – Trading Platform
MT4 Trading Platform
The world’s most popular trading platform.
- Customise MT4 to the way you trade
- Build and run your expert advisors using MQL4
- Identify high probability trades with Autochartist
- Access 28 indicators and EAs with the Smart Trader Tools
MT5 Trading Platform
The more powerful release of MetaTrader. All the features you enjoy but with even greater functionality.
- Go long or short on Share CFDs with MT5
- Use and code easily with MQL5
- Enjoy faster processing and inbuilt indicators
- Tailor to your trading style with advanced customisation
CTrader Trading Platform
An intuitive design that replicates an institutional trading environment – perfect for those getting into trading.
- Control slippage and order fills with advanced cTrader features
- Access FIX API
- Code in C# with cTrader Automate
Available Instruments on Pepperstone
- Currecny Indicies
Pepperstone Review – Trader Education
Pepperstone has a wide range of online resources, trading guides, and expert webinars available in English.
From Blog articles to webinars. Pepperstone is very ready to help new traders with the right resources.
Related: Alpari Review
Summary – PepperStone Review
There you have it; Pepperstone is a very good broker.
Some thing that I would question about this broker is the fact that it is only regulated in Kenya and also;
They do not provide a flexible package for traders that would prefer cent accounts, ECN accounts, and so on.
Have you been using pepperstone or do you have some questions?
kindly share via the comment box below.