Clients can contact them by local or international phone, email, or live chat. Pepperstone asks some questions about your employment, financial status, and trading experience. You must also confirm that you have read their order execution policy, risk disclosure policy, and terms and conditions.
Currency Index CFDs
Daily pre-market “forex reports” are emailed to the client prior to the start of each trading session. Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. With an increased emphasis on trading on-the-go, Pepperstone clients have full access to the mobile versions of all three available trading platforms. Pepperstone is an online forex, spread betting, and CFD broker with more than 300,000 clients in 170+ countries.
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The latter is designed for traders who cannot receive or pay swaps for religious reasons. Pepperstone clients can trade over 1200 instruments over a range of asset classes including forex and commodities, stocks, ETFs, crypto and indices CFDs. Pepperstone also finished Best in Class for Algo Trading in our 2024 Annual Awards. If you’d like to learn more about the best algo trading software or the best trading platforms for high-frequency traders, check out our high-frequency trading guide. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.
- An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
- Your trading costs at Pepperstone will mainly depend on what you trade and which type of account you set up.
- You’ll receive an email to confirm your account and continue the application process.
- The following table summarizes the different investment products available to Pepperstone clients.
ARRs For Each Currency At Pepperstone
An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Pepperstone is an agency-execution broker that offers excellent pricing on its Razor account when combined with its Active Trader program for high-volume traders. Meanwhile, its Standard account is not as impressive, and features comparably higher spreads.
With Q124 earnings due on Thursday and the possibility of another sizeable price catalyst, Netflix is… Your trading costs at Pepperstone will mainly depend on what you trade and which type of account you set up. Using the EUR/USD as an example, after factoring in the per-trade commission of 0.7 pips, the effective spreads on the ECN Razor account https://traderoom.info/ were similar to the Standard account at 0.93 pips (using September 2021 data). There are multiple third-party platform options for mobile trading at Pepperstone. While these apps provide a reliable trading experience, our testing has found that proprietary apps are a factor that can set the highest-ranked brokers apart from the competition.
That’s why we’ve made it quick and easy to start trading with us. Professional forex trading market analysis, insights and education at your fingertips. The opportunity to choose between and trade on multiple platforms like MetaTrader and cTrader rounds Pepperstone’s offering off nicely. The Group Chief Executive Officer of Pepperstone since October 2017 is Tamas Szabo.
Please read our PSF, RDN and other legal documents and ensure you fully understand the risks before you make any trading decisions. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.2% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Clients of Pepperstone Limited (UK/Europe), which is regulated by the FCA, CySEC, ASIC, and DFSA are covered by negative balance protection. However, clients of Pepperstone Group Limited (Australia), which is regulated pepperstone broker by ASIC, are not guaranteed negative balance protection. The Pepperstone cTrader app is fast, responsive, and gives you access to the same information on order execution and trading events as on its desktop version.
Though Pepperstone lacks a proprietary platform, it offers nearly every third-party platform available on the market. Overall, I was impressed and Pepperstone earned Best in Class honors for MetaTrader in our 2024 Annual Awards. Yes, based on your detected country of FI, you can open an account with this broker.
Ideal execution for scalpers and clients who run expert advisors. Impressive mobile options include MT4/5 and cTrader for iOS and Android. CTrader Web and the MT4 WebTrader provide tablet and iPad access, but there’s no MT5 web version. All mobile versions are useful but limited in functionality, which is expected, but some customers may wish for more sophisticated feature sets. Pepperstone’s cTrader has four basic order types with the option of attaching “take profit” and/or “stop loss” orders to them.
We move on from a week where strong momentum markets (AI names, NAS100, JPN225, Mexican peso) were sold down hard, with traders better buyers of the VIX, US30, gold, CHF, USD, and defensive equities (utilities). Notably, the NAS100 recorded its worst week since November 2022, driven in part by market players part-liquidating an incredibly extended position in… However, if you are an active trader, there are liquidity rebates available if you surpass certain monthly trading volume thresholds, which can further reduce your trading costs at Pepperstone. The website’s attempt at transparency regarding its spreads, while well intentioned, is confusing (outlined in the graphic below). With 24/5 support, a wealth of trading resources and a seamless account experience, you’re free to focus on what matters. With the scale of a global fintech and the agility of a start-up, we’re here to arm you with everything you need to take on the global markets with confidence.
