Award-Winning Online Forex and CFD broker

Award-Winning Online Forex and CFD broker

The video education is also available on the Pepperstone You Tube channel and is of good quality, above the average for the industry. That being said, Pepperstone do make cTrader and cAlgo, plus MetaTrader 4 and MetaTrader 5 (desktop and web based) available to their clients, with various add on functionality. The Razor and Standard accounts can be used with any of these platforms. Standard accounts do not have particularly narrow spreads, for example an average spread for EUR/USD of 0.7 to 0.8 pips.

Reviews of Pepperstone Support

• Additionally, they have a comprehensive FAQ section on their website that provides answers to most common customer queries.
• The main costs for a trader on a Standard account are spreads and swaps.
• You also get access to an array of calculators that you can use for currency conversion, and to calculate pips, pivot points, position sizing, stop-loss, and take-profit levels.
• When we contacted customer service, they explained that this is in accordance with International Anti-Money Laundering (AML) regulations.
• However, if you are an active trader, there are liquidity rebates available if you surpass certain monthly trading volume thresholds, which can further reduce your trading costs at Pepperstone.
• If you plan on running trading robots around the clock and can’t have your computer up and running, you may want to take advantage of the discounted VPS.

After selecting your funding method, enter the amount you want to deposit and any other information needed and submit. Especially if there is big market news and I need to quickly fund my trading account. I don’t want to wait around for days for a bank transfer to clear and possibly miss the opportunity to try and take advantage of the news. I have reached out to them many times over the years and always received a prompt response.

Trading Platforms Comparison

However, depending on your bank or funding method, there may be charges for transfers made to Pepperstone. Pepperstone has incorporated various trading technologies to enhance your trading experience. Below are some of the trading technologies you can benefit from on Pepperstone.

Markets and Symbols

• MetaTrader 4 and MetaTrader 5 are probably the most popular trading platforms in the world.
• To withdraw money from Pepperstone, log in to your account, go to the withdrawal section, and request a withdrawal.
• Traders can use MetaTrader Trading Signals, myFXbook and DupliTrade with Pepperstone.
• The broker utilizes several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.
• This offering of currency indices is notable, as although many brokers offer a US Dollar Index, there are few that offer a Euro Index and Japanese Yen Index.
• Again, as with the trading platform the breadth of apps on offer is a positive, but once more as with the trading platform we would prefer to see Pepperstone offering their own mobile trading app.

Pepperstone provides detailed trading guides that help deepen knowledge in trading on volatile markets, understand the risks of CFD trading and how to manage them, and grasp the basics of FX Swap trading. These guides are designed to assist traders of all levels to trade more confidently in the financial markets. Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors. You can discover more about these options on the Pepperstone trading platforms page. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs.

Platforms and Trading Tools:

If you’re still getting to know the markets, you can also practise strategies on your demo account. We read and analyze popular trading forums like Forex Factory and BabyPips. Most often, we find positive experiences from traders, such as great customer support and faster execution.

However, the broker maintains tight spreads and deep liquidity through its network of 25 liquidity providers. For the Standard account, all fees are included in the spread, while the Razor account incurs a commission starting from $7 per Lot round turn. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average Pepperstone Forex Broker spread data for some of the most popular forex currency pairs.

Forex spreads and all available pairs

When a trade on this account is held for more than 5 days, an administrative charge (per 1 standard lot size) will be deducted from the account’s balance. As the last step, users are asked to provide photographs or scanned images of a passport or other identity document and a bank statement or utility bill to confirm their residential address. Pepperstone is a large and reliable broker regulated by ASIC Australia, CySEC Cyprus, and FCA UK.

They provide traders with various options for automated trading, market analysis and advanced trading features. MT4 comes with a ​​user-friendly interface and a wide range of features. Pepperstone offers a wide range of trading platforms and tools including MT4, MT5, Ctrader, TradingView, Smart Trader Tools cTrader Automate, Autochartist, Algorithmic trading, and API trading facilities. The trading platforms of Pepperstone are accessible as a downloadable desktop program, a web trader program, or through a mobile app. Pepperstone recognizes the importance of education and provides traders with valuable resources to enhance their trading knowledge. Traders can access trading platform tutorials, educational videos, and informative webinars.

Pepperstone let clients diversify investments with DupliTrade, a popular trading strategy marketplace that allows you to automate your trading. DupliTrade uses signals from proprietary traders, tapping into their expertise, which lets you build your trading knowledge and gain a key understanding of pro techniques. You can gain access to TradingView’s advanced charting tools and interact with millions of other traders with integration powered by cTrader.

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). CTrader is an intuitive and easy-to-use platform with advanced order capabilities and customisation.