Pepperstone Broker Review

Pepperstone offer:Pepperstone

  • No Dealing Desk (NDD)
  • 24 hour live chat facility
  • 100% automated execution
  • Ability to trade micro lots on currencies, metals and oil.

Pepperstone

 

 

Pepperstone offers you 70+ currency pairs, metals such as gold and silver, commodities such as oil and natural gas as well as a wide range of major indices.

 

Pepperstone Facts

Regulation
The company holds an Australian Financial Services License (AFSL) and is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and the UK Financial Conduct Authority (FCA).  (AFSL #414530 and FRN 684312)

 

Funds Safety
Your funds is held on trust in a segregated client bank account for your benefit and kept entirely separate from Pepperstone’s own funds.

 

Platforms 
Metatrader 4 and cTrader, apps for iPhone, Android, iPad / Tablet, Webtrader

 

Account Types
Pepperstone operates a True ECN model. They offer Standard STP, Razor and Islamic Accounts.
Leverage varies from 1:1 to 1:500.
You trade with low spreads, from 0 pips.
Minimum volume to trade is 0.01 lots – maximum 100 lots.

 

Currency – Australian Dollar (AUD), United States Dollar (USD), British Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Japanese Yen (JPY), New Zealand Dollar (NZD), Swiss Franc (CHF), Singapore Dollar (SGD) and Hong Kong Dollar (HKD).

 

Minimum Deposit
200$ for all account types

 

Commission
Commission is only charged on the Razor account – 7 AUD per lot turn.

Pepperstone Website

Documents
Clients must submit the following documents:

Primary Photographic ID

  • Passport
  • Driver’s License
  • Government Issued Photo ID

Secondary ID

  • Utility Bill (Phone, Electricity, Gas)
  • Bank or Credit Card Statement
  • Government Issued Tax Document
  • Birth Certificate
  • Citizen Certificate

 

Deposits and Withdrawls

Pepperstone do not charge any internal fees for deposits or withdrawals.

They accept the following for both deposits and withdrawals:
Credit / Debit Card VISA and Mastercard, PayPal, POLi, China Union Pay, Bank Transfer (Domestic & International), BPay, Skrill (Moneybookers), Neteller, Qiwi, Fasapay, Broker to Broker.

Funding by Bank wire:

You’ll need to provide your bank with the following details to send by bank wire:
Deposit Currency: USD
Bank Name: National Australia Bank
Bank Address: 990 Toorak Road, Camberwell, VIC 3124, Australia
SWIFT: NATAAU3303M
Account Name: Pepperstone Client Trust USD
Branch No. / Sort Code / BSB: 083-166
Account Number: 3039PEPPEUSD01
Reference: Your Login / Account Number

 

Looking for something else? Find more Broker reviews here.

 

This article has 4 Comments

    1. Hello Ismail,

      Pepperstone does not have an account in Nigeria Commercial Bank. But we’ve updated the review to include their bank details for your convenience. A bank-wire deposit takes roughly three days.

      Also, have a look at our education section for more information on increasing your profit 🙂

  1. How safe is it to trade with pepperstone without their presence in Nigeria; I speak in terms of quality service…Also, we know the world is a global village but how do you deal with them without a face? Thank you.

    1. Thank you for taking the time to write the question Nicol 🙂

      Pepperstone is one of the more trusted brokers in the business, they follow the ASIC regulation strictly, which means they seem quite safe to trade with, in terms of quality of service. They also offers registrations via their FCA entity for even further trust if you prefer.

      Their Live Chat is available 24/5, which enables fast responses to any queries that might arise.

      Let us know if you have further questions Nicol.

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