Peperstone

RegulationASIC 414530, BaFin 151148, Capital Markets Authority of Kenya 128, CySEC 388/20, DFSA (Dubai) F004356, FCA 684312 and SCB SIA-F217
Trading softwarecTrader
MetaTrader5, MetaTrader4
Headquartered95, Makarios III Avenue, Neocleous House, 3030, Limassol Cyprus

Pepperstone’s seven well-regulated subsidiaries will limit the potential for fraud and malpractice. Pepperstone clients may enjoy features such as negative balance protection while deposits remain segregated from corporate funds. Pepperstone members can utilize leveraged trading depends on subsidiaries:

  • The Kenyan subsidiary offers negative balance protection plus maximum leverage of 1:400.
  • Traders at the Bahamas unit get 1:200 without negative balance protection.
  • Pepperstone Australia offers maximum leverage of 1:30, negative balance protection, but no compensation scheme for depositors.
  • Pepperstone UK offers maximum leverage of 1:30, negative balance protection, and the best regulatory mandated compensation scheme of £85,000 per client.
  • In CySEC, FSCA, and BAFIN licensed subsidiaries, Pepperstone offers maximum leverage of 1:30 for retail traders and 1:500 for professionals.With the many rewards gained, Pepperstone hopes to attract more and more traders from all over the world. The rising performance of Pepperstone is not only due to the super-tight spreads and fast execution that it provides, but also because many traders are interested in trading with deposits in currencies other than US Dollars.

    For this reason, Pepperstone is one of the most market-responsive brokers because it is willing to accept deposits in 10 currencies, which include AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, SGD, and HKD.

  • Apart from the forex demo account, this broker offers Standard and Razor. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Pepperstone is up to 1: 400. Meanwhile, you can open an account with a starting capital of $0.

    There are 2 account types that can be created during registration:

    • Standard: Standard has minimum deposits of $200. The minimum lot size is 0.01. The account would be a good option for variable spreads that allow scalping, hedging, and Expert Advisors. It also supports trailing stop, pending orders, one-click trading, mobile trading, and automated trading. A swap rate will also apply to overnight positions.
    • Razor: A minimum deposit amount of $200 and the minimum trading volume of 0.01 lot apply. Spreads are variable at Razor account and complemented by Expert Advisors, scalping, as well as hedging capabilities. Pending orders, trailing stop, one-click trading, mobile trading, and automated trading are available. Other charges include overnight swap fees.