Overall Rating
4.9/5
Rated #10 of
Recommended FX Brokers
Minimum Deposit
USD 200
Regulators
ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA
MetaTrader 4, MetaTrader 5, TradingView and cTrader
Yes
📈 Total assets
1000+
Islamic Account
Yes
Trading Fees
Low
24 Hours
Our Pepperstone Fees and Spreads Revealed:
Fees and Spreads
The spread list that Pepperstone offers starts from 0.0 pips on EUR/USD.
The spreads that traders can expect from Pepperstone will depend on the account that they use, the financial instrument that is being traded, and the market conditions on the specific day of trading. The spreads that traders can expect with Pepperstone are as follows:
- Standard Account – from 0.6 pips EUR/USD
- Razor Account – between 0.0 pips and 0.3 pips EUR/USD
- Islamic Account Option – from between 1 pip and 1.2 pips EUR/USD
Pepperstone offers commission-free trading on the Standard Account and the Islamic Account option when traders convert their live trading account to become swap-free. However, when traders use the Razor Account, they are charged commissions from AU$7 per round turn, or currency equivalent according to their base account currency.
Additional Trading Fees
Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position. Pepperstone offers a swap-free account by allowing traders to convert their trading account into an Islamic Account.
Pepperstone offers spread betting to United Kingdom traders and spread betting fees include:
- Competitive spreads with commission-free and tax-free trading
- There are no added broker fees charged because the spread includes all charges excluding holding charges
Broker Fees
Pepperstone does not charge deposit fees or withdrawal fees but broker fees that are charged include:
- Administration fees on swap-free accounts
- Inactivity fees if the trading account becomes dormant
Pros and Cons
You might also like: Pepperstone Account Types
You might also like: Pepperstone Demo Account
You might also like: Pepperstone Islamic Account
You might also like: Pepperstone Minimum Deposit
Overall Rating
4.9/5
Rated #10 of
Recommended FX Brokers
Minimum Deposit
USD 200
Regulators
ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA
MetaTrader 4, MetaTrader 5, TradingView and cTrader
Yes
📈 Total assets
1000+
Islamic Account
Yes
Trading Fees
Low
24 Hours
FAQ
How many instruments can I trade with Pepperstone?
You can trade any of the following instruments:
- Forex
- Commodities
- Indices
- Shares
- ETFs
- Currency Indices
- Cryptocurrencies
Which platforms are supported by Pepperstone?
Pepperstone supports the use of:
- cTrader
- MetaTrader 4
- MetaTrader 5
- TradingView
Does Pepperstone offer leverage?
Yes, Pepperstone offers leverage of up to 1:400 for retail clients while professionals are given access to leverage up to 1:500.
What spreads can I expect with Pepperstone?
Spreads with Pepperstone start from 0.0 pips on the Razor Account.
Does Pepperstone charge commission?
Yes, Pepperstone charges commissions from AU$7 or currency equivalent per round turn on the Razor Account.
Are there additional charges on the Islamic account?
Yes, the Islamic account incurs additional administration charges in USD that are applied as follows:
- Cryptocurrencies (Pro Only), commodities, equities – 1.5 USD
- Index Markets – 10 USD
- GER40, FRA40, JPN225, CN50, ETH/USD (Pro Only) – 12 USD
- SpotCrude and SpotBrent – 20 USD
- US30 – 30 USD
- Forex, precious metals, Crypto10 (Pro), Crypto20 (Pro), and Crypto30 (Pro) – 50 USD
- BTC/USD (Pro Only) – 125 USD
Is Pepperstone regulated and by whom?
Yes, Pepperstone is regulated by ASIC, FCA, DFSA, SCB, CySEC, BaFin, CMA.
Is Pepperstone a recommended forex trading broker for experts and beginners?
Yes, Pepperstone is recommended for both beginners and experts.
What is the overall rating out of 10 for Pepperstone?
9/10.
