Pepperstone Review – Is it a Scam or Legit Broker (2024)

In this Pepperstone Review, we are going to take a look at the offer that this broker prepared for its traders. Pepperstone is regulated by the ASIC in Australia and by the FCA in the UK. Pepperstone operates on the financial market since 2010. When it comes to trading platforms, the broker features cTrader, MT5 and MetaTrader 4. The Pepperstone minimum deposit is 200 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

Basic information from this Pepperstone Review

Website address:	https://pepperstone.com
Licensed and authorised by regulatory bodies:	ASIC FCA
Supported languages:	English
Customer support available via:	E-mail, phone, live-chat
Contact details:	[email protected] +613 9020 0155
Available deposit methods:	Debit and Credit Cards, PayPal, Neteller, China Union Pay, BPAY, POLi-Pay, bank transfer, Fasapay, WebMoney, Skrill, Qiwi
Available withdrawal methods:	Most likely the same as the deposit methods
Minimum deposit:	200 USD
Min. trade in lots:	0.01
Spreads:	Typical spread on the currency pair EUR/USD - 1,16 pips * on standard account type
Tradable assets: Might be a CFD.	Forex (59), stocks (48), indices (14), cryptocurrencies (5)
Demo:
Mobile app:
MetaTrader 4:
Other trading platforms:	cTrader, MT5
Social trading:

Pepperstone Fees (typical spreads)

We have scanned fees (typical spreads) that Pepperstone charges when trading popular currency pairs, here is their breakdown in pips.

EUR/GBP	EUR/USD	USD/CHF	EUR/JPY	GBP/USD	USD/JPY
1,36*	1,16*	1,64*	1,41*	1,49*	1,25*

*Typical spreads were recorded on 04.06.2019 at 11:21 for the standard account. Pepperstone spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Frequently Asked Questions

🧐 Is Pepperstone a Scam?

Pepperstone is a broker licensed and regulated by the ASIC and FCA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that Pepperstone is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the Pepperstone minimum deposit?

In order to start trading with Pepperstone, you have to deposit at least 200 USD.

📵 What deposit and withdrawal methods Pepperstone supports?

Pepperstone allows funding your account via Debit and Credit Cards, PayPal, Neteller, China Union Pay, BPAY, POLi-Pay, bank transfer, Fasapay, WebMoney, Skrill, Qiwi.

Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia.	Min. deposit	Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets.	Spreads Spreads of the following companies can be as low as	Special features A list of features that provide a given broker with a competitive edge.	Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC FCAFSCA	$ 10	MT4 & MT5	0.3 PIPs ¹	Competitive spreads International support	Start trading Read a review
CySECASIC	£/€/$ 100	MT4 & MT5	1.0 PIPs¹	Competitive spreads Great customer support	Start trading Read a review
FCACySECASIC	£/€/$ 0	MT4, MT5 & TradingView	1.0 PIPs¹	Competitive spreads Great customer support	Start trading Read a review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.