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Pepperstone review: Should you sign up or not? – Broker test

  • Regulated by the FCA, ASIC, DSFA & SCB
  • Great education section available
  • MT4, MT5, cTrader, TradingView, Capitalise.ai
  • Raw spreads
  • Trade Crypto, CFD, Stocks & more
  • Low commissions

How much profit you make in trading is closely related to choosing the right broker. Only if your online broker offers excellent trading conditions and is under strict regulatory supervision, you can assume that your money is safe.

Unfortunately, there are many scams out there, and choosing the right platform to trade on is not always an easy task. Here, we want to take a closer look at Pepperstone and its trading conditions. You will learn why the broker is among the most popular choice of traders and professional investors.

The official website of the forex broker Pepperstone
The official website of Pepperstone
→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

What is Pepperstone? – The broker presented:

Pepperstone started as an online broker as far back as 2010. Clients can choose from many of the different platforms that it provides. Besides the platforms, Pepperstone offers different account types to suit traders. Traders have access to different reliable resources on this broker.

Pepperstone is one of the best forex platforms for traders interested in digital trading assets. This is proven by the number of awards the broker has won. In August 2022, the broker won an award for the best-experienced forex broker. Besides that, Pepperstone has 4.5 out of 5 ratings on most review websites. 

Pepperstone-main-office
Pepperstone main office (source: Wikipedia)

Pepperstone started operating in 2010, offering a wide range of tradable assets to clients worldwide. In 2014, the broker opened a branch office in London to mainly serve its clients based in the European Union countries. Pepperstone has a variety of understandable assets and different account types for traders to trade with.

You don’t need to worry about your protection, as Pepperstone holds licenses from 7 different countries. This makes it a secure trading zone for traders. The regulatory organizations make sure that Pepperstone considers its trader’s welfare – No wonder the trading platform has one of the lowest fees and best spreads.

Is Pepperstone under proper regulation?

Regulation instances of Pepperstone
Regulation instances of Pepperstone

Pepperstone is one of the most secure forex trading platforms because of the number of financial regulators that govern its functioning. This firm has a total of 7 international regulators. These regulators are well-known, and most control other forex brokers’ activities as well.

The regulation instances of Pepperstone are the following:

You can see that Pepperstone is highly regulated. Therefore, the traders’ accounts and funds are safe on the broker. As part of the license, Pepperstone keeps a separate financial account for traders and another for the broker. In case of any financial crisis, traders’ funds are kept securely in a secure different account.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

Review of Pepperstone’s trading offers and conditions:

Available trading platforms

Pepperstone WebTrader overview
Pepperstone WebTrader
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
  • cTrader

Pepperstone provides one of the best trading platforms, as seen above. The broker has an award for providing the best trading experience. This is an attribute of its platform. Traders can access its multiple trading platforms from their desktops, phone, and the web. This makes trading flexible.

All trading platforms are available via desktop, mobile devices, and web versions.

This broker is also one to speed up trading transactions. In fact, the platforms do not lag as they are designed as one of the best technologies. Since traders can trade on the phone, they will enjoy trading anytime and anywhere. The phone platform offers the same trading experience as the web and desktop platforms.

Traders have access to different tradable assets on Pepperstone. Pepperstone has the number of available financial assets compared to the number of leading industry brokers. This means that traders can choose from the variety of tradable assets on the platform. With fees at a very low cost, this is indeed one of the best platforms.

Pepperstone MetaTrader 5 order mask
The order mask of the Pepperstone MetaTrader 5

Account types of the forex broker Pepperstone

Pepperstone forex broker offers two major account types for traders to trade with. The two account types come with different minimum deposits and benefits attached to them. For traders in Islamic states, the broker comes with an Islamic account. Upon request, traders from such states will be given this account. 

To choose one of the account types on Pepperstone’s platform, traders must have an account with the broker. Creating your trading account takes just one day. You can choose an account type for the platform using a working email and the necessary document the broker asks for.

The two major account types of the broker are:

  • The Standard account
  • and the Razor account
Pepperstone: Differences between the standard account and the razor account
Comparison of the Razor account and the Standard account

The trading accounts are available for Islamic traders

Standard Account

The Standard account is like the starting account on the broker. Traders on this account do not get any commission for trading while trading with the account. However, the account is accessible to many tradable assets from Forex to Cryptocurrencies. It offers a spread that starts from 0.6 pips and a minimum deposit of $0. However, the recommended minimum deposit is $200.

Razor Account

In comparison, the Razor account is a very good account type for expert traders. Here, the spreads are tighter than in the standard account, but the minimum deposit is also higher. Traders who make use of this account type get a commission of $3.5. The spread of this account starts from 0.0 pip, a very tight spread. The account type also offers a wide range of assets to the clients.

Islamic Account

The Islamic account is for the traders in Islamic states. The account is called a swap-free account because the fees for trading are very low. This is because, unlike non-Islamic states, Islamic states have a different kind of market, so the broker gives them a specific kind of account to carry out transactions.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

Financial assets available for trading on Pepperstone

Pepperstone available instruments
Tradable instruments on Pepperstone

Assets are investment tools that are used to make a trade in the forex market. Pepperstone offers many assets for the traders to trade with on their platform. Currently, there are over 1200+ tradable assets across the broker’s platforms. The assets come at different spreads, and the leverages for traders are flexible.

These assets include the following:

Forex 

Forex trading with Pepperstone

Traders can access over 60 FX currency pairs on the platform. The most frequent trading forex market is the USD/EUR. The other currencies include JPN and GBP, among other tradable assets on the broker. Trading currency pairs on Pepperstone comes with flexible leverage of 1:400. The market spread is tight, making the market very competitive. 

Asset:Razor AccountStandard Account
EUR/USDSpreads from 0.17 pips + $3.5 commission per 1 lotSpreads from 0.6 pips
USD/JPYSpreads from 0.26 pips + $3.5 commission per 1 lotSpreads from 0.86 pips
GBP/USDSpreads from 0.59 pips + $3.5 commission per 1 lotSpreads from 1.19 pips
Leverage:1:4001:400
→ Trade forex with Pepperstone now!

(Risk warning: Your capital can be at risk)

Indices

Pepperstone indices

Another trading instrument traders may access is indices. There are many indices available and Pepperstone has tight spreads on them too. In fact, Pepperstone markets have mainly 14 indices, and they are commission-free. One thing about Pepperstone markets is that they are transparent, meaning that they have no hidden charges on them. Take the opportunity to expand your portfolio and enjoy the leverage of 200:1.

→ Trade indices with Pepperstone now!

(Risk warning: Your capital can be at risk)

Commodities

Commodity trading with Pepperstone

Pepperstone trading platform offers traders a variety of commodities to choose from. Traders may choose cocoa, cotton, sugar, and others for agricultural products. The commodity assets have metals such as silver and gold, with low commission fees attached. Energy is available with leverage of 400:1 at zero commission. Their energy products include crude, and Pepperstone is always up-to-date with the current crude oil price.

→ Trade commodities with Pepperstone now!

(Risk warning: Your capital can be at risk)

Cryptocurrencies

Cryptocurrency trading with Pepperstone

Cryptocurrencies on Pepperstone are offered with a leverage of 5:1. The broker offers major cryptos such as Bitcoin, Bitcoin Cash, and Ethereum. Having a tight spread makes the market for cryptocurrencies to be very tight. Adding cryptocurrency to your investment portfolio is a good choice, especially now.

→ Trade cryptocurrencies with Pepperstone now!

(Risk warning: Your capital can be at risk)

Shares

Trading shares with Pepperstone

You can add shares to your portfolio of different big industries like Apple, Tesla, and Alibaba. The commission for trading with these assets is $0.02. Shares are assets that the risks are not real. It’s a good idea to make investments in shares of a company.

→ Trade shares with Pepperstone now!

(Risk warning: Your capital can be at risk)

Trading fees on Pepperstone’s trading platform

Pepperstone TradingView integration

Pepperstone’s fee ranking is regarded as one of the lowest fees compared to most of its competitions. The broker offers tight spreads. It is from the spreads that the broker can get its profit. No hidden fees are on the broker even while traders are trading. The firm makes sure that the traders know what they will be charged while creating their accounts.

See an overview of all trading costs here:

Fee:Information:
Additional spread fee:Yes, with standard account
Additional commission fee:Yes with razor account
Inactivity fee:No inactivity fees
Deposit fee:No deposit fees
Withdrawal fee:No withdrawal fees
Market data fee:No market data fees

As part of the benefits of trading on the forex broker, traders are not charged for depositing money into their accounts. Deposits are free. This is a good and encouraging and it allows even more people to join the platform. Besides free deposits, traders also enjoy free withdrawals. Pepperstone does not charge its traders for any amount that they withdraw.

What is Pepperstone’s overnight fee? The overnight fee varies depending on the kind of asset you are trading with. When it comes to inactivity fees, you are on the safe side because there are zero charges for leaving your trading account inactive. Traders can leave their accounts for a long time without being charged for doing so. Pepperstone fees are as low as you can see.

Test of Pepperstone’s trading platforms

Pepperstone MetaTrader 5 integration

This section is for the available trading platforms on Pepperstone. Actually, it has some of the most technologically improved platforms, with trading technical indicators and charts that are customizable. Multiple benefits come with using its platform. For example, traders enjoy smooth trade, and they can open and close trades without the platform seizing in the process. 

Another advantage of using the platform is that you get a user-friendly trading platform that it is easy to navigate.

The platforms available to perform trade include the following:

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • WebTrader
  • Mobile Trading

MetaTrader 4

Pepperstone MetaTrader 4

As one of its trading platforms, MetaTrader 4 provides a smooth trading experience to traders no matter the region they are trading from. MT4 is very good because the platform has technical indicators. The platform is customizable making it fit the trader’s taste. When traders customize it, they may be able to focus even better while trading. The platform provides enough trading assets and has good usability.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

MetaTrader 5

Pepperstone MetaTrader 5

If you are acquainted with MT4, then you must know the MetaTrader 5 trading platform because it is an advanced version of MT4. It can perform even more functions and is better than the MetaTrader 4 platform. MT5 has more technical indicators to help traders trade even better than normal. The investors can customize the platform if they wish to.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

cTrader

Pepperstone cTrader

The cTrader platform is very much advanced in technology. The platform is even better than both the MT4 and MT5 together. Offering more technical indicators and add-on bots that help traders to set the best possible trading position on the broker. The cTrader platform can also be customized to fit the trader’s taste.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

WebTrader

Pepperstone MetaTrader 4

WebTrader is the platform that is available for both websites and desktop applications. The platform has a beautiful interface. The interface is not only beautiful, but it is also capable of allowing traders to customize the platform. Transactions are carried out with speed on the WebTrader.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

Mobile Trading

Pepperstone cTrader for mobile trading

The mobile trading platform is just as good as the web trader because traders can use any MetaTrader or cTrader. You can download plugins that will help your trading easier than normal. This platform is available when you download the mobile app on your android device or your apple mobile device. The application is free to download.

Since Pepperstone has copy trading on its platforms, the clients can use the copy trading option to copy the trading strategy of another trader. This new technology is very useful for new traders on the platform. If you are a new trader who does not know how to trade forex, this is a good tool you should use.

How to trade on Pepperstone – A precise tutorial

How to trade on Pepperstone

To start trading on this platform, you must own an account with the broker. The broker allows opening accounts for free. To start trading, open an account for the region you are from. If you want to do this, make sure that Pepperstone accepts traders from your region. If not, you will not be able to open an account with them.

We will go into detail about the different asset classes later in this article!

1. Verification

After opening your account, you will need to verify the account. For account verification with Pepperstone, provide more information about yourself and the important document the broker will ask you to submit. After submitting the document, and your successful verification, you can access the trading platform.

2. Account funding or demo account

If you want to start trading, you will need to fund your account. Funding your account is a simple process. Make sure that it is not less than Pepperstone’s minimum deposit when funding your account. If not, you will not be able to deposit. After making your deposit, select the particular trading asset that you want.

3. Choose the asset to trade

Pepperstone has many assets that traders can use to fill their portfolios. Choose the asset of your choice. It is, however, a good choice not to depend solely on one asset to invest in. Input the amount you wish to trade with for the asset you want to invest in, and confirm your trade. 

After confirming your trade, you either make a profit or a loss, depending on how the market goes. Make sure that when you open a trade, you keep an eye on the market. Pepperstone offers its traders a demo account, which can, of course, be used to learn how to trade any asset. Asides from the demo account, there are other mediums on the platform traders can learn with.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

How to trade forex on Pepperstone

How to trade Forex on the Pepperstone cTrader
How to trade Forex on the Pepperstone cTrader

To trade forex on Pepperstone’s platform, you must have created your trading account with them. To do this, sign-up with the broker on the official website or your mobile app. After creating your account, you will then have to verify your trading account. The verification process will take a day, and then you can trade with this broker.

After verifying your account, you will be on the live account to select any asset from the variety of assets available on the broker’s platform. Before you pick the forex asset, first of all, deposit it into the account. There is a minimum amount you can deposit. 

After funding the trading account, you can select any currency pair of your choice. As seen above, Pepperstone has enough currency pairs to select from. Then, of course, one can use a minimum amount to place trades for forex. The minimum investment amount is $1 on the platform.

Pepperstone forex trading tips
Pepperstone provides you with up-to-date forex trading tips

If you are unsure about your forex trading skill, go ahead and use the social copy trading tech. By selecting a particular trader and clicking on the copy button, the tech will automatically copy the position, technique, and trading style of that particular trader you have selected. Becoming a forex trader on this platform has been made easy thanks to this tool.

Traders can perform overnight trading for FX currencies. The good thing is that the fees for overnight trading are very low. This makes trading overnight to remain pleasurable to its traders.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

How to trade binary options on Pepperstone

You cannot trade binary options on Pepperstone because the broker does not offer them as a tradable asset. It only offers the assets mentioned in “financial assets available for trade on Pepperstone.”

How to trade cryptocurrencies on Pepperstone

How to Trade Cryptocurrencies on Pepperstone
Trading DOGEUSD on Pepperstone’s MetaTrader 4

Trading crypto on Pepperstone takes very easy steps. As someone who wants to access this trading instrument, you first need to create an account for yourself. After creating your account, you will need to verify it. The verification is to prove that you are the legit person who filled in the details and that the details are correct. 

Next, you fund your trading account because if you start investing, you need to do so by crediting your trading account. When the money has entered your account, proceed to the ‘trade’ section and select the crypto coin of your choice. Pepperstone has some of the popular cryptos which are regularly traded. 

Cryptocurrencies can also be traded overnight with very low fees. Traders can hold trading positions at night for crypto, making the crypto market on this platform to be very flexible for the traders. As a trader, you may also use the social copy trading tool for trading cryptocurrencies.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

How to trade stocks on Pepperstone

How to trade U.S. equities on the Pepperstone cTrader
How to trade U.S. equities on the Pepperstone cTrader

Pepperstone offers a wide array of stock trading instruments, from indices to ETFs and CFDs. It follows the same steps if you want to trade any asset on the platform. Create a trading account and verify it. After confirming your account, you will be able to select a particular asset to add to your portfolio.

Deposit an amount into your account and then select the stock you wish to trade in its market. Select the company’s stock that you would like to invest in. It is also possible to use a copy trading tool on the broker’s platform. Besides the copy trading tool, you can use the demo account to know how to trade in general.

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

How to open your trading account on Pepperstone

If you want to open your trading account on Pepperstone, you can follow the steps in this section. As seen already, Pepperstone offers multiple advantages and has one of the fastest execution of trades on the platform. A user-friendly platform and easy navigation around it make this broker one of the best trading platforms. 

Step 1 – Create a trading account in your region

Signing up with Pepperstone

This is the beginning. Whether in the UK or Australia, you must create an account as a trader from your region. To do this, click the sign-up button on your computer or phone screen. You will be on a page that asks for your email and for you to create a password. Do the necessary and provide those two pieces of information. You can choose other sign-up procedures too.

→ Create your free trading account with Pepperstone now!

(Risk warning: Your capital can be at risk)

Step 2 – Confirm your trading account 

Confirming the trading account with Pepperstone

When you are ready, you can go further. After completing step 1 above, you can use the demo account to practice. To verify your account, you need to answer more questions and submit two documents. These documents are your means of identification (a national passport or ID card) and proof of residence (like a utility bill). This process is important; it will take 24 hours before you can trade with the real account. 

Step 3 – Deposit cash into your trading account 

How to add funds to Pepperstone

After confirming your trading account, deposit cash into the account. Select any payment method to fund your trading account. You can select any asset you want to add to your investment portfolio. You may also go back to your practicing account to get the hang of how Pepperstone’s platform will work.

Step 4 – Start trading 

How to start trading with Pepperstone

After funding your account, you can start trading. To do so, access the platform that suits you best and selects an instrument to start trading. Diversifying your portfolio will be a good choice because you will not focus all your plans on one instrument. Trading on the broker’s platform happens smoothly, and the traders have total transparency.

→ Sign up with Pepperstone and start trading now!

(Risk warning: Your capital can be at risk)

How to login to Pepperstone 

Log into your trader’s account with simple steps. In case you had opened an account before but logged out for one reason or another. You can access your account with ease by following the steps below.

1. Click on the Login button

How to Login to Pepperstone 

By selecting the login button, you will be brought to a page where you will have to fill in the details you used to create the account. These details include your email address and password for the account. There’s also an option to forget the password just in case you cannot remember the password used to create the account.

When you click on the forgotten password button, you will be required to enter your email address. After confirming your email address, select the ‘continue’ button. A link for you to create a new password will be sent to the email you entered. Go to your email and click the link.

2. Start trading

Pepperstone cTrader login

Once you have successfully logged in to your trading account, if you have funds already in it, you can start trading right away. However, if not, you can easily fund your trading account and start earning your profits after successful trades. The good thing about Pepperstone is that even after you left the broker, you are not charged for inactivity on the platform. Pepperstone’s inactivity fees are at zero.

→ Sign up with Pepperstone and start trading now!

(Risk warning: Your capital can be at risk)

How to deposit money on Pepperstone

After opening an account as a trader from your region, the next step is depositing the money you will use to start trading. It is very easy for traders to make deposits into their trading accounts no matter where they are from. Here’s how you can deposit money for trading on the platform.

1. Click the “Funds” button

How to add funds on Pepperstone

You can simply click on the “Funds” button to deposit money into your trading account. Once you do, you can see an array of payment methods that you can select. This button is at the left side of your screen in the secure client area.

2. Select a payment method 

Payment methods accepted by Pepperstone
Payment methods accepted by Pepperstone

Click on “Add funds” and select a payment method. Selecting payment methods is important whether you want to deposit or make a withdrawal from your trading account. Pepperstone has many methods so that the traders can pick the one that best suits them. Some payment options may not work in some regions because they are unavailable in that country.

Some of these methods on Pepperstone include:

  • Wire transfer
  • Master Card
  • Visa Card
  • PayPal
  • MPESA

These are the available payment methods on Pepperstone’s trading platform. 

3. Choose the amount to deposit

Deposit funds with Pepperstone

To proceed, you have to select an amount that suits your trading preferences. Depositing money on Pepperstone is free, so there are no fee charges for deposits you make. There’s no minimum deposit amount, as Pepperstone’s minimum deposit starts from $0. However, the platform recommends a minimum deposit of $200 for the best trading experience.

4. Select an asset and start trading 

Selecting assets on the MetaTrader 4

Once you confirm the amount you want to deposit, the money should reflect in your trading account balance within a matter of minutes. You are set to begin trading on the broker’s platform. Select the assets you want for your portfolio and start earning profits. It is that easy to fund your trading account. 

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

Withdrawal – How to withdraw money from Pepperstone 

How to Withdraw Money from Pepperstone 

Different methods can be used to withdraw funds from your trading account. Withdrawal from your trading account usually takes a long process, depending on your method. For example, bank transfers take 3-5 business days before the money will reflect in your bank account. It may also take longer due to unforeseen circumstances. 

1. Click the withdrawal button 

The withdrawal button is in the “Funds” section, on the left side of your screen in the client area. Click on it, choose “Withdraw funds” and select the amount that you want to withdraw. There is a minimum amount of withdrawal that traders can withdraw from their accounts. After you click the button, select one payment method to help you send the money into your account.

2. Confirm the withdrawal 

Confirm the amount you want to withdraw. By confirming it, the process will reflect in your bank account in a matter of days. Pepperstone has a free withdrawal. The broker will not charge you for withdrawing money from the account.

Support for traders

Pepperstone support is available via WhatsApp, E-Mail, Phone Call and Live Chat
Pepperstone support via WhatsApp and Live Chat

Pepperstone has one of the best customer support. The broker has an award to prove this. The call center, however, is not available all days of the week. They are only available on weekdays. If you wish to pass a complaint or ask a question, you have to ensure that it is done within the week. The response time for the broker is, however, fast. Customer support is active 24-5days. 

Besides the call center, there’s a Frequently Asked Questions (FAQs) section from which traders can get answers. The FAQs already have answers to most questions that a client will want to ask. The questions in the FAQ section include – “How to withdraw, how to deposit, list of payment methods,” and many other answers to questions that traders may need.

Pepperstone FAQ section

On the site, an online customer agent is available to chat 24/7. There is other support for traders, such as News on the broker’s website. Traders can message the support team via email. Traders can communicate with customer support in different languages because the broker supports different languages.

Pepperstone contact info:

Email [email protected] 

Phone number – +613 9020 0155

Websitehttps://pepperstone.com/

You can select other languages to call on the broker’s official website.

How to learn trading with Pepperstone:

1. Demo account

Pepperstone demo account

The demo account is the first platform that traders contact to learn how to trade on the platform. Pepperstone’s demo account is a simulation of the live account. Traders have access to different assets on the demo account. Trading with the demo account is just learning how trading with your real account will work. Pepperstone has demo money in it. The profits and losses made on the account do not affect your live account.

→ Sign up for a free demo account with Pepperstone now!

(Risk warning: Your capital can be at risk)

2. Educational resources

Pepperstone educational resources

This is another tool that traders have access to while trading on Pepperstone. Educational resources come in different means. They are in the form of articles, videos, and courses that traders can follow. These resources are free to access, and trustworthy because the broker has done proper research for their traders. 

3. FAQs – Frequently asked questions for traders

Pepperstone FAQs

Yes, FAQs are a good medium that every trader can use to trade on their platform. They have answers to questions that will enable a trader to learn how to trade. Though the answers are short, they are direct and quick. They like quick tips which show the trader how to trade with Pepperstone.

4. Webinars

Pepperstone webinars

You can also learn about trading on the platform through its webinars. The webinars are engaging because you will get to meet and listen to different traders talk about how to trade on the platform. You will also get tips on the best kind of assets to trade with and the best market times. 

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

In which countries is Pepperstone available?

The Pepperstone platform is free for traders to join. Even though the broker has a wide range of customers from around the world, to provide services, the broker can offer services to these regions:

  • Germany 
  • UAE
  • Australia 
  • China
  • India 
  • Ireland
  • South Africa
  • UK
  • Malaysia
  • Nigeria

The following regions below are not allowed to trade on the broker because of the licensing that the broker operates with.

  • USA
  • Canada
  • Japan
→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

Advantages of Pepperstone

Pepperstone awards
Pepperstone awards

Below are the advantages of using Pepperstone to trade:

  1. Pepperstone offers multiple trading platforms – these platforms are MT4, 5, and cTrader. cTrader is a very advanced platform for forex trade
  2. The platform has a low trading rate
  3. Traders can perform withdrawals and deposits for free on Pepperstone
  4. It has a user-friendly platform 
  5. Pepperstone offers a wide range of assets for the traders
  6. The payment methods are many so that traders can have a variety of choices to make
  7. Pepperstone has customer support that responds in-time
  8. It is properly regulated by different international regulatory bodies 
  9. A demo account is available on the firm’s platform

Disadvantages of Pepperstone

Here are some demerits of Pepperstone:

  1. The demo account expires within a month of activating your account
  2. It takes time before your withdrawal reflects in your bank account
→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

Is Pepperstone a reliable trading platform?

Pepperstone trading volume
Pepperstone trading volume

Pepperstone has won many awards in the past years and even recently in 2022, the broker has awards to its name. Pepperstone is a safe broker for traders because the broker is regulated by different brokers. 

Pepperstone has good customer support that communicates with customers in multiple languages. Pepperstone has a wide range of assets, and the interface is easy to navigate. Since the start of the broker’s operation, it has remained reliable and trustworthy. Its social copy trading is also smooth and easy to access. 

Conclusion – Pepperstone is an excellent choice for traders

With its proper research about the market and how to trade, part of the broker’s ultimate goal is to help traders know how to trade better. Its extensive educational materials have a step-by-step method that traders need to follow to trade on the platform. One of the good things is that the funds of their traders are safe and kept in a different account from the broker itself.

Pepperstone is a big forex broker which continues to advance its technology to provide ultimate services to its traders. Pepperstone accounts offer one of the best spreads that exist with low fees. Today, there are over 300 thousand traders on the broker with an active account. 

→ Sign up for free with Pepperstone now!

(Risk warning: Your capital can be at risk)

Frequently asked questions:

How does social trading with Pepperstone work?

DupliTrade on Pepperstone works easily. It is an automated trading technology. What it does is that it automatically copies a trader’s trading technique. When using this tool, it is best to do so with famous proper traders on the platform. You don’t have to set the trading position yourself. The system sets a position based on the trader it is copying.

What makes the cTrader supreme?

cTrader is a platform that is more advanced than the MetaTrader platforms. The cTrader is wider and offers more premium services. Carrying out transactions on the cTrader platform is smoother and faster than on the MetaTrader. Traders have access to many indicators, which help one know how the chart flows better. 

Does the Pepperstone demo account expire?

Unfortunately, the demo account indeed expires. This is one of the disadvantages of this broker. Traders cannot access the demo for a long time because immediately after a month, traders will not be able to use the demo account anymore. While it is still active, you can use it to plan your trading strategies and see how the platform works.

Pepperstone’s referral program – How does it Work?

Pepperstone’s referral program allows current traders to invite others to the platform. You earn a bonus of $250 on the platform by referring a friend. The good thing is that you not only receive this bonus, but the person you have invited to the platform also receives it. Traders can use this bonus to place trades.
To invite a friend on the platform, the process is easy. Go to the official website of Pepperstone and click on the “refer a friend button” on the top right screen of your browser. You will be given a link, which you can send to their email or social media. Once the invitee clicks the link and registers, you and the person will earn the bonus. 

Can Pepperstone be compared to most industry competitors?

To be honest it can. Pepperstone has one of the best platforms that exist. The broker is an award-winning one, which means for it to be, it can compete with most forex brokers in the industry. Pepperstone has all MetaTrader platforms and cTrader which most broker platforms do not have. They have a friendly interface and asides from that they have low trading fees and a competitive market. Pepperstone is of course a standard broker. 

Is Pepperstone a scam?

No, the broker is not a scammer. It is under proper regulation by different international regulatory bodies. Traders can trade on the platform safely. To know more about the broker you can go to the official website where you will see all the licenses that prove it is a legit broker.