Pepperstone

Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, we set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade.

Pepperstone Overview
Founded2010
PlatformMetaTrader 4, MetaTrader 4 Mac, MetaTrader 5,
WebTrader, iPhone, Android, iPad/Tablet, cTader, cTrader WebTrader, cTrader cAlgo, cTrader Mobile
Minimum account size$200
Minimum lot size0.01
Tradable assets70+
Maximum margin1:500
Spread on EUR/USD0 pips
Payment methodsCredit/Debit Card, Bank Transfer, PayPal, POLi, China Union Pay, BPay, Skrill (Moneybookers), Neteller, Qiwi, Fasapay, Broker to Broker
Demo accountYes
Accepts US tradersNo
RegulatedASIC (Australia), FCA (UK)
SupportPhone, Email, Live Chat
Websitewww.pepperstone.com

Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, we set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade.

Trading Platform

As of this writing, there are a total of 11 platforms so can conveniently trade your way and whenever you want.

The MetaTrader 4 has the standard MetaTrader 4 for Windows, MetaTrader 4 for Mac, MetaTrader 5, WebTrader and mobile applications intended for devices running on iPhone, Android and iPad or Tablet.

There’s also the cTrader platform which is available in three different versions:

  • cTrader WebTrader
  • cTrader cAlgo
  • cTrader Mobile

Website and Platform Design

Pepperstone have smartly made the layout of the platforms well-organized and very easy to navigate.

You can easily track your positions, monitor the instrument prices and access all the tools that you need on the main trading screen. They have done a great job in optimizing the visual aspect of their platforms

Minimum Deposit

The accepted minimum deposit to open an account and begin trading is $200.

It’s not the lowest in the industry but not the highest either therefore basically this is on the average range.

Minimum Lot Size

Similar to the industry standard, the minimum lot size that they allow is 0. 01.

Tradable Assets

Currently they have more than 70 tradable assets which includes forex, gold, oil, CFDs and many more.

These can all be accessed across all of their multiple platforms allowing you to explore different markets upon almost any device.

Spread

The spreads on the MetaTrader 4 system varies but even during liquid times, it can still go for as low as 0 pips actually about major currency pairs like the EURUSD.

Withdrawal Time

You need to fill-up a withdrawal form if you want to cash-out your funds and if you will be able to send it before 21: 00 GMT (07: 00 AEST), the request will be processed on the same day.

Otherwise, it will be done on the next business day.

Deposit and Drawback Methods

Pepperstone accepts a selection of banking methods thus funding the account is certainly not an issue.

Among the supported payment systems include the following:

  • Credit and debit cards (Visa and MasterCard)
  • PayPal
  • POLi
  • China Union Pay
  • Bank Transfer ( Domestic and International)
  • BPay
  • Skrill (Moneybookers)
  • Neteller
  • Qiwi
  • Fasapay
  • Broker to Broker

Customer Support

The customer service department can be reached via phone support, email and live chat as well.

 

PROS

  • Ultra low spreads
  • Up to 1:500 leverage
  • 1-day withdrawal processing
  • Variety of supported payment methods
  • Regulated

CONS

  • Average minimum account size
  • USA traders not accepted

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