Pepperstone Review



Name Pepperstone
Regulation Yes
Demo Account Yes
Islamic Account Yes(swap free)
Minimum Deposit 200$
Max Leverage 1:500
Owners Pepperstone Group Limited
Address Level 5, 530 Collins Street, Melbourne VIC, 3000 AUSTRALIA
Overall Rating


Pepperstone Overview

Pepperstone group is an online forex and CFD broker, Pepperstone was founded in 2010 in Melbourne, Australia.
Pepperstone was originally founded as a specialist forex broker providing access to interbank execution and exceptional low spread pricing, with no dealing desk. Today, Pepperstone is one of the biggest forex brokers in Australia. The highest leverage offered by Pepperstone is up to 1:500.

Pepperstone offers her client to trade with the popular Meta Trader 4 (MT4) from Meta MetaQuotes, available on the web, iPhone & Android, tablet, iPad and for download on Windows and Mac OS.
In addition, Pepperstone offers the Spotware Systems platforms: cTrader(windows), WebTrader, cAlgo, and cMirror.

Pepperstone is regulated in the United Kingdom and Australia.


Tools & Training

Pepperstone provides a plenty of educational material, such as webinars, trading guides, and a glossary.  Under client resources tab on, there are many useful educational materials, such as guides regard to forex trading, trading plan, risk management and many more…

Pepperstone Trading Guides

Every Thursday there is a new webinar available to watch, and there are lots of recorded webinars under 3 different subjects: Trading basics, Trading strategies, and Trade management.

Pepperstone webinars

Under the glossary, there are many useful basic and intermediate terms explanation.

Pepperstone Glossary

And of course, Pepperstone offers two types of demo accounts, with the MT4 or with cTrader platform, which you can learn with and get experience with online trading.

Account types & Commission

Pepperstone offers four accounts types, such as Standard account, Razor account, Swap Free account, and the Active Traders account.

Standard account- The Standard account provides access to Pepperstone Interbank spreads, Interbank spreads starts from 1.0 pips, and competitive liquidity with No Commission.

Razor account- The Razor account gives direct access to Interbank liquidity with clear trading cost, the Razor account could be used with the MetaTrader 4(MT4) or with cTrader platform.

Main Features:

  • Spread Type – Raw Interbank Direct Pricing.
  • Average EURUSD Spread- 0.0-0.8 pips.
  • Min / Max Trade Size – 0.01 lots / 100 lots.Account types Pepperstone
  • Commission – 3.5$AU per 100k traded.
  • Leverage – up to 1:500.
  • Minimum Account Opening – 200$Au or equivalent.

cTrader Razor account commission – differ from the MT4 Razor account commission, for cTrdaer users, the commission rate is determined by the base currency that you trade on a certain trade. The commission rate is 7 units of the base currency in the currency pair you are trading – for example, 1 lot trade of AUDGBP will cost 7$ AUD in commission.

Swap-Free account- the Swap Free account is suitable for traders who can’t receive or pay swaps, for example, this account may be useful for Muslims.
The swap free account is interest-free and in addition, allows traders to take adventage of Pepperstone’s cutting-edge trading technology.

Main Features:

  • Spread Type – STP(straight through processing) | No Swaps
  • Average EURUSD Spread- 1.0-1.2 pips.
  • Min / Max Trade Size – 0.01 lots / 100 lots.
  • Commission – 0$.
  • Minimum Account Opening – 200$Au or equivalent.

Active Trader account-  For high-volume traders and institutional, earn cash rebates on your forex trading. Based on Forex monthly trading volume, traders who are trading on more than 200 Lots, are considered as high-volume traders.

The rebates are paid daily, directly to the trading account the day after a position closed, the higher the volume is, the higher rebate will be.

Additional Benefits:

  • Qantas Frequent Flyer Program
  • Priority Client Support
  • VPS Hosting
  • Advanced Insights and reports.

Platform & Assets

Pepperstone offers two different platforms to trade with, the Meta Trader 4 (MT4) and the cTrader(from Spotware Systems), both of them are available in a web-based versions, smartphone versions for both Android & iOS and desktop, the MT4 available for download on Mac OS and Windows, the cTrader is available for download only on Windows.

Smart Trader Tools by Pepperstone for MT4 traders are available for clients who have a minimum $500 equivalent account balance. The Smart Trader Tools package includes over 10 smart trading apps to help traders to trade smarter.

The MT4 platform is well known as a platform who allowed to use automatic trading with expert advisors, cTrader cAlgo allows automatic trading with robots and indicators developed in C#.

MT5 Pepperstone platform will be released soon…

The MT4 web platform
Pepper stone MT4 web

The cTrader web platform
Pepperston cTrader platfm

Pepperstone Apps



Pepperstone offers 70+ currency pairs, metals such as Gold, Silver and Platinum, commodities such as Oil and Natural Gas and soft commodities such as Sugar, Coffe, and Cotton. Pepperstone currently provides 5 cryptocurrencies such as Bitcoin, Bitcoin Cash, Dash, Ethereum, and Litecoin as well as a wide range of major indices to trade across all of Pepperstone’s multiple platforms.

Pepperstone support

Melbourne Office – 24 Hour

Phone: +61 3 9020 0155
Local: 1300033375
Live chat: Live Chat

Shanghai Office

Client Support: +86 21 6101 7952
Live Chat: Live Chat

Bangkok Office

Phone: 1800 011 155

London Office

Toll-Free Number: +44 (800) 0465473

TradeProperly Final Opinion of Pepperstone

Pepperstone exists since 2010, and since then they are focusing on being a professional broker, and this is how it looks.
Unfortunately, many residences of Australia were scammed by unregulated brokers around the world, nowadays, people are more aware to the importance of regulation and reputation, Pepperstone has them both, regulation and reputation.

Pepperstone provides a lot of educational material for beginners and intermediates, and in our opinion, it is very important.

There are some assets that are not tradable with Pepperston, but traders can trade 70+ currency pairs, and that is very impressing.

Tools & Training
Beginners Friendly

Do you have any kind of experience with this broker? Want to share your opinion? Please share your opinion by commenting below, let us know if you found this article useful or if you have any questions.

6 thoughts on “Pepperstone Review”

  1. I have been a financial advisor for 24 years and recently sold my practice. However, I only dealt in managed money investments not currency trading or commodities trading. Those are highly aggressive trading strategies and while I realize the money making potential, I chose a less stressful area of the markets. That being said, your review offered the more sophisticated investors a look at this forex broker and its capabilities. How would a new client to this area of trading go from eyes glossing over to at least gaining some basic knowledge? I find that people do not really do much reading or listening to webinars.

    • Hi Jacqueline, 

      We do our best to write valid and clear broker reviews, our reviews focus on:
      Regulation- in order to prevent scams.
      Platforms- easy or difficult to use.
      Assets- which assets the broker allow to trade on.
      Education- level of education the broker provides.
      Account types- the difference between them and their usage.

      There is no doubt about the fact that trading carries risk, as we always mention.
      But, for those who understand the potential of online trading, they could generate some very nice profits, and in some cases, even a secondary/primary income.

      In addition to our reviews, we publish daily market reviews(as you can see on our homepage) to help people to understand and recognize opportunities in the market.

      And we have the Education page where new clients could get some basic knowledge, or they can use the education that the broker provides. 

  2. Hi,

    that is an interesting review about a trading company.  I tried my luck with one a little over a year ago, but I already know that trading is not for me, so I left it.

    This company, as the one that I was in, seemed legit and everything, but trading is simply not for everybody.  There is so much “luck” involved, but also much and much experience needed to be able to be successful at it.  At least that is the insight I got from trying to do that for quite some time.  Although I did not have extreme losses, I did lose some money.

    What I liked about the platform that I used to use is the “playing account” that you got.  I thought that was really smart, because I could practice with that account with not real money, and learn by that.

    I do not see that Pepperstone offers that, does it?


    • Hi Oscar,

      Here at the team, we know that in order to become a good trader (one who makes money) you should have discipline, patient, and the right information at the right time(it’s not only about luck).

      Unfortunately, not once we met many traders that made money (in large quantities) and were unable to withdraw their funds because they signed up with a Scam Broker(Unregulated broker).

      By saying  “playing account” you probably mean “demo account”- you can trade with virtual money and not real money, you can see at the chart above that Pepperstone do offer a demo account.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.