Pepperstone (pepperstone.com): broker review, rating and customer reviews

17.10.2022

Year of foundation

2010

Site

https://pepperstone.com/

Software

MT4, MT5, TradingView, cTrader

Payment systems

POLi, BPay, PayPal, Neteller, Skrill, Union Pay, Visa/Mastercard, bank transfer

Rating

6.9

  1. General Information
  2. Investment Programs
  3. Affiliate program
  4. Trading conditions
  5. Commissions
  6. Account Types
  7. Bonus program
  8. Teaching materials
  9. Security Guarantee
  10. Funds depositing and withdrawal
  11. Customer Service
  12. Overview of the personal cabinet
  13. Contact
  14. Reviews about Pepperstone by the company's customers

Pepperstone is an online broker that gives traders the opportunity to trade different groups of assets in financial markets. The company is regulated by the Australian financial regulator ASIC. The broker provides services to clients with different levels of investment skills. Traders can use different trading and analytical tools, services for automated trading, popular trading terminals. We have compiled a review about Pepperstone and described in detail the terms of cooperation with this company.

💸 Assets

Stocks, cryptocurrencies, Forex, indices, CFDs, commodities

⚖️ Leverage

500:1

➕ Affiliate Program

Yes

💰 Minimum deposit

$200

💳 Account currency

AUD, USD, JPY, GBP, EUR

💹 Spreads

From 0 points

📊 Brokerage accounts

Standard, Razor

🎁 Bonuses

Yes

📱 Mobile Platform

Yes

General Information

Pepperstone broker provides tools for active and passive trading. The company's clients can use the service of autocopying deals to trade in the financial markets in the automatic mode. Traders who prefer active trading can choose a strategy based on their investment skills. You can trade on the news, scalping, as well as connect trading robots. This makes the broker versatile for both beginners and experienced investors.

The company provides an opportunity to hedge risks while trading. For this purpose you can use protective orders in trading terminals. Protection against negative balance can be considered as additional safety guarantee. Thanks to this, traders can be sure that the balance on their trading account will not go into deficit in case of making a failed transaction.

Pepperstone Home Page

The broker's advantages

  • The possibility of automatic trading.
  • Availability of bonuses for active trading on financial markets.
  • Wide choice of financial instruments.
  • Availability of popular trading terminals.

Disadvantages of the broker

  • Technical support service does not work on weekends.
  • Delays in withdrawal of funds are possible.
  • Lack of cent accounts.

Investment Programs

Pepperstone offers optimal conditions for those who wish to combine active manual trading with the use of automated advisors. Some types of investment programs, such as trust management, are not available. The absence of PAMM-accounts is compensated by the flexible conditions of several tariff plans for beginners and professional investors.

Clients of the company can use the service for social trading. On this platform, experienced market participants provide beginners with the opportunity to copy their trades. Beginner traders have access to the rating of the best investors working with Pepperstone. You can choose a trading signals provider based on the profitability and risk level of his deals.

Affiliate program

Clients of the company who want to work with Pepperstone can choose from several affiliate program options. Marketers, SEO-specialists and bloggers have an opportunity to earn remuneration by promoting the broker's services on their own website, blog, social networks and other web resources. Partners can earn up to $400 for each client referred, if they work with the company under this program.

You can also become a representative of the broker with access to the system for calculating conversions and trading volumes of referred traders. Another option is the opportunity to become a professional fund manager. This program is suitable for professional investors with at least 3 years of experience in the financial markets.

Trading conditions

Pepperstone refers to multi-asset online brokers. Traders can use assets of currency, cryptocurrency, stock and commodity markets. The minimum trade volume allowed is 0.01 lots. One of the advantages of Pepperstone is the fast processing of orders, which takes a few milliseconds. This allows traders to enter into transactions instantly without deviations from the price of the selected asset, which was at the time of opening/closing the order. In this way, the investor receives maximum benefit from each trade without slippage.

Among the trading platforms available at Pepperstone, traders can choose from MT4, MT5, TradingView, cTrader. Metatrader users have the opportunity to write and use their own Expert Advisors for automated trading. You can use the MQL4 or MQL5 programming language, depending on the type of trading platform you choose. The broker has applications for mobile trading, adapted to iOS and Android operating systems.

Commissions

Pepperstone Broker sets non-trading and trading commissions. The former include interest on the processing of withdrawal transactions from the trading account. Among the trading commissions, the company has spreads and swaps. Spreads at the broker start at 0 pips depending on the selected asset and your trading plan. Pepperstone's average trading commission is around $5, which is well below the market average. For comparison, at Forex4you, the trading commission is kept at $12.

Account Types

Pepperstone broker offers two basic account types. When choosing a rate, it is worth considering the volume of trading and the level of initial capital. Among the available accounts are:

  1. Razor. This account will suit professional investors who use a trading strategy based on scalping. Spreads on this account start from 0 pips.
  2. Standard. This option suits beginner investors with small trading volumes. Spread on the standard account is 1.0-1.3 points. There is no trading commission.

Besides trading accounts for trading in real financial markets the company gives traders an opportunity to use demo account. To activate it you need to register at the Pepperstone broker and get access to your personal cabinet. When using a demo account it is not necessary to make a deposit. The demo account is automatically credited with virtual money, which is used to make trades on financial markets. This allows traders to gain skills in investing without the risk of losing real money.

Bonus program

The broker has an "Active Trader" program. Active traders can receive rebates in the amount of $1-3, depending on trading turnover and traded asset. This reward is deducted from the trading commission. For detailed information on this program activation conditions, please, address to the account manager at the technical support department.

Teaching materials

The Pepperstone broker has a developed system for learning how to trade from scratch. The broker offers novice traders materials to learn the ins and outs of trading different assets. In the training section on pepperstone.com, you can learn about the peculiarities of trading CFDs, stocks, cryptocurrencies, and currency pairs. Webinars are also available to traders.

Besides educational materials the broker offers analytical tools for independent research of financial markets. The broker provides ready-to-use market analysis, and you can also track major events using the economic calendar. Clients of Pepperstone can use the services of an analyst who will help analyze the current situation and determine the further movement of quotations for the selected asset. The latter option is suitable for novice traders who are just beginning to master investing.

Security Guarantee

Pepperstone's activities are carried out in accordance with the company's own regulations, as well as monitored by independent financial regulators. The broker provides transparent terms of cooperation for traders which can be found upon registration. To resolve controversial moments the company involves an independent expert.

Personal and financial safety of clients of the company is provided by multilevel encryption of data. Personal information about clients is stored in closed databases, which do not have access to third parties.

To store investors' funds there are separate segregated accounts which are not used by the broker for his own purposes. Additional guarantee of financial safety for traders is protection against negative balance.

Funds depositing and withdrawal

Among the online payment systems Pepperstone clients can choose from POLi, BPay, PayPal, Neteller, Skrill, Union Pay. Also the broker has a standard way to deposit and withdraw funds via Visa or Mastercard. Depositing and withdrawing transactions can also be done by bank transfer.

To withdraw funds you need to submit an application to the financial department of the company. Requests made after 21:00 (GMT) will be processed the next day. If you submit your request before 07:00 (AEST) it will be processed the same day. Withdrawal time depends on the selected payment method. If you select bank transfer, the money will be credited to your account within 3-5 business days.

Customer Service

On the Pepperstone website you can see the answers to the most popular questions. If you can't find an answer to your question, contact the technical support team. The broker provides a phone number and email address for this purpose. Managers usually answer immediately, but some traders have noted that during peak hours it can take more than 10 minutes to get an answer.

Overview of the personal cabinet

You can log into Pepperstone's personal account on the online broker's website. All new clients of the company are required to log in and provide contact information, after which they have access to a personal trader's account. In the personal account, one can undergo verification and provide copies of documents to confirm their identity. This step is necessary for further investment in assets in real financial markets.

Pepperstone website registration form

In myAlpari the archive of financial operations conducted through the trader's trading account is saved. You can track the status of the withdrawal request, as well as check the balance of all your trading accounts. In addition, you can use analytical tools, view trading statistics and activate a demo account in your personal trader's account.

Contact

Phone

1300 033 375

E-mail

[email protected]

Social media

https://www.facebook.com/Pepperstonefx, https://twitter.com/pepperstonefx, https://www.youtube.com/channel/UCrNLfyB-wvPotj4RHR_dcSA

Reviews about Pepperstone by the company's customers

We have analyzed Pepperstone reviews on thematic forums. In the positive comments, investors note a large selection of assets, the possibility of automatic trading, and the availability of a demo account. The disadvantages of the company traders include periodic delays in withdrawal and possible technical failures in the trading terminals.

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