Pepperstone Review 2025: Pros, Cons & Verdict

Pepperstone Review 2025: Pros, Cons & Verdict

There are also a range of learning resources to help you get your knowledge up to speed if you’re a beginner trader. Pepperstone is an Australian online broker which launched back in 2010 and has since evolved into a global brand with offices in London, Dubai, and Nairobi among others. It’s aimed at traders who want to focus on spread betting, CFD and Forex trading. Pepperstone offers customer support via phone, email, and live chat, and their support team is available 24/5. They’ve been providing access to global financial markets since 2010 and since then they have seen exponential growth in having attained over 400,000 traders that use their platform, Worldwide.

• These factors make Pepperstone a safe broker to hold your money, as it reliably processes more than $12.55 billion in daily trading volume and is trusted by more than 300,000 retail traders globally.
• However, they do recommend that you deposit a minimum of AUD$200, or the equivalent of this amount in your own currency.
• This account provides exclusive features such as higher leverage, tailored lot size options, cash rebates, and credit facilities.
• In addition to currencies and currency CFDs, traders can explore ETFs, equities, commodities and cryptocurrency.
• Use the calculator below to compare Pepperstone’s trading costs with competitors such as Eightcap, Axi and CMC Markets, adjusting for trade size, currency pair, and base currency.
• Overall we felt Pepperstone offers a user-friendly experience and powerful trading tools making it a solid choice for anyone interested in trading forex and CFDs, so we would recommend using them as a broker.

Deposit Fee

Pepperstone utilizes both spread and commission models depending on the type of account. Standard accounts have no commissions but slightly higher spreads, while Razor accounts have lower spreads with a commission. Navigating the vast trading seas, Pepperstone distinctly sails ahead with its platform. Designed for both beginners and seasoned traders, its interface prioritizes simplicity and efficiency, ensuring that an average of most trades are executed in under 30 milliseconds. Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange.

• Pepperstone provides award-winning customer support, taking out the Investment Trends “Overall Client Satisfaction Award” in 2022.
• In our final verdict, Pepperstone earns a high rating of 98/100, thanks to its low spreads, fast execution speeds, and robust tier 1 regulation.
• But, unlike Pepperstone, it also offers access to other assets such as ETFs and fractional shares.
• The broker does not impose inactivity fees and provides discounts for active or VIP traders, making its fee structure highly attractive for both casual and serious traders.
• They offer multiple platforms, easy and quick deposit/withdrawals, chat and phone support was always on point and helpful.

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. Pepperstone excels with its strong regulatory framework, supervised by top-tier authorities such as ASIC and FCA, ensuring a secure trading environment.

Despite these negative reviews, Pepperstone has acknowledged these issues and responded to customer feedback, promising to improve and address customer concerns. Pepperstone provides various educational resources to help traders of all levels improve their trading knowledge and skills. Are you looking for a broker that prioritises safety, with a wide range of tradeable instruments, award-winning customer care, access to top-quality charting tools and attractive fees? Our assessments are based on factors such as fees, customer service, and product features. If you want to try them out before committing, sign up for their demo account. Pepperstone is an Australian broker focused on providing international forex, CFD and cryptocurrency trading through CFD.

Languages supported by Pepperstone

Opening an account with Pepperstone is relatively simple and in-line with what you would expect when opening a trading account with any broker. Aside from the time it takes for verification of personal documents, an account can be set up within minutes. All trading carries with it a large degree of risk, so please review the information carefully before making your decision on which account is best for you. Your decision should be based on facts to make sure you are as informed as possible. Business Expert is an independent comparison site dedicated to helping business owners make informed financial decisions.

This is the best platform…

There is no minimum deposit requirement when opening a trading account with Pepperstone. Yet, the broker recommends a starting deposit of AUD 200 or its equivalent in another currency. Additionally, Pepperstone’s extensive online educational resources are invaluable for traders looking to expand their knowledge and skills in the markets. Pepperstone support is always available when the forex markets are open thanks to five offices in Melbourne, Shanghai, Dallas, Bangkok and London. This also provides local options for those forex traders located outside Australia.

Spread betting, in particular, is CGT-free because it is seen as a type of gambling. Both products are exempt from stamp duty because you typically only pay stamp duty on assets you actually own. Business Expert is an independent comparison site and is not regulated or authorised by the Financial Conduct Authority (FCA). We do not handle direct transactions, provide financial advice, lending, insurance, or brokerage services.

Fantastic Service.

While no commissions are charged on standard accounts, commissions are charged on standard lots traded for Razor accounts. Pepperstone is an online forex, spread betting, and CFD broker with more than 300,000 clients in 170+ countries. For those interested in trading more than the forex markets, Pepperstone does not disappoint. In addition to currencies and currency CFDs, traders can explore ETFs, equities, commodities and cryptocurrency.

Deposits and Withdrawals

Get a better understanding of how the markets work with our easy to ready “how-to” guides. Quickly compare vetted accounts to see which providers are most appropriate for you. Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape. However, some customers did raise concerns about the responsiveness of customer service.

Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms. Investingintheweb.com does not provide any offer or solicitation to buy or sell any investment products, nor does it constitute an pepperstone review offer to provide investment advisory services. The material on this website is for informational purposes only and we make no guarantees as to the accuracy or completeness of its content – it is subject to change, so please conduct your own due diligence. This website is free to use but we may receive commission from some of the merchants mentioned.