Pepperstone.com is a forex broker that offers CFDs on stocks, indices, commodities and cryptocurrencies in addition to currency pairs. FCA regulatory authority licenses this company in Europe, which allows it to legally offer its services to European citizens. The minimum deposit with the broker is set at $200.
Pepperstone – Broker overview
| Minimum deposit | 200 USD |
| Regulated broker | Yes |
| Regulation | FCA |
| Trading platforms | cTrader, MT4, MT5 |
| Demo Account | Yes |
Special features and advantages
| Automatic trading (EAs) | Hedging | Scalping |
Disclaimer: 74-89% of retail investor accounts experience a financial loss when trading contracts for difference. Thus, you should consider whether you understand how contracts for difference work and whether you can afford the high risk of losing your funds.
Trading platform
Pepperstone offers its clients a total of 3 trading platforms – MT4, MT5 and cTrader. Furthermore, the broker also has the ability to copy the trades of other traders of the broker on the popular social platform ZuluTrade. In total, you can trade around a hundred assets here.
Pepperstone fees (spreads)
Like any other CFD broker, Pepperstone charges a spread fee. For the current value of this fee, please visit Pepperstone’s website. Therefore, we have prepared a small comparison table for you to see the amount of Pepperstone spread fees on popular currency pairs compared to 2 other popular CFD brokers.
| EUR/USD | USD/JPY | GBP/USD | AUD/USD | |
| Plus500* | 0.6 | 0.7 | 1.1 | 0.6 |
| XTB* | 0.8 | 1.4 | 2.0 | 1.7 |
| Pepperstone** | 1.16 | 1.25 | 1.49 | 1.27 |
**average spread value for standard accounts. The data was gathered from said broker’s website 3/10/2019 at 17:30 GMT
Review summary – Pepperstone
Pepperstone must comply with strict regulatory guidelines from the prestigious FCA. The broker charges fair spreads. Moreover, it offers a large number of trading platforms on which the broker’s traders can trade. However, we find lacking a larger offering of CFDs on stocks. Learn more about CFDs. Currently, only US stocks are available here (limited to the 60 largest US companies), unfortunately, you won’t find any European stocks.
Advantages
- Relatively low spreads value
- Wide choice of trading platforms
- Option to copy trades of other traders via ZuluTrade
Disadvantages
- No availability of European stocks
