The famous Australian ECN CFDs broker Pepperstone arrives in Europe (UK and Cyprus) with the FCA, CySEC and BAFIN licenses. Read details on licensing and corporate group on the bottom of this post.
The panorama of CFDs brokers is very crowded but some realities stand out above all others. This is the case of Pepperstone, which, thanks to a state-of-the-art offer and meticulous assistance service, has acquired unprecedented success in just a few years. Here’s everything you need to know about the Pepperstone broker.
Is Pepperstone a safe broker?Before exploring the trading conditions, it is good to say a few words on the security issue. From this point of view, Pepperstone is second to none. In fact, it can boast a license issued by the ASIC (Australian Commission for Finance and Investments), which is one of the most inflexible regulatory bodies in circulation.
It has acquired the FCA license in the UK being able to officially open the doors to European traders who can finally deposit in UK accounts.
Recently due to Brexit it also decided to open a branch in Cyprus with a CySec license.
Trading Room for spread trading
There are 2 dedicated telegram channels for spread trading updates:
Segregated accounts with Pepperstone
Pepperstone’s security guarantees are also certified by the execution of a provision that aims to protect the assets of traders: the separation of accounts from those of the company.
Furthermore, the philosophy behind Pepperstone should be mentioned, as it is praised on the home page of the official site. Pepperstone’s goal is a noble one: to open the doors of trading to everyone, and above all to grant access to the real market.
STP and ECN trading conditions
This results in an effective ECN service (raw interbank ECN or institutional grade STP), as well as being much less expensive than the average broker of this type.
ECN Pepperstone Razor Account
Pepperstone started out as a Forex broker but has recently expanded its offering. Traders can currently also trade in CFDs, precious metals and commodities.
Available to users are two real accounts.
Demo Account is free for all.
- Razor account. Thanks to this account, traders can trade in ECN mode. They therefore have direct access to the market and are not subject to price manipulation. Commissions are low and fixed, spreads non-existent or minimal (starting from a tenth of a pip). The minimum deposit is 200 euros, which is extremely low when compared to other ECN brokers.
- Spread between 0 and 0.8 pips
- lots from 0.01 up to 100 lots
- commission of 3.5 australian usd for each lot traded
- leverage until 1:30
- minimum deposit of 200 australian usd
- Ideal for online scalping
- Ideal for mt4 and ctrader expert advisors
- Hedging allowed
- Standard Account. Thanks to this account, traders can trade in STP mode.
- There are no commissions but the spreads are significantly higher (although lower than average).
- The minimum deposit is 150 euros, therefore accessible to practically anyone.
Forex & CFD trading
When it comes to assets, the choice is plentiful. Among the currencies we find the four majors: euro, dollar, pound, yen. We also find the Swiss franc, the Australian dollar, the Hong Kong dollar and the Singapore dollar.
Among commodities, however, they stand out
- the Brent
- the WTI
- natural gas
- the Soy
- the Orange juice
The offer of stock market indices is also complete, including all European indices such as the DAX, the American ones such as the SP500 and the Asian ones.
In particular, we also find it interesting to use the CFD on the VIX for those who want to trade on the implied volatility of the American stock markets. About the VIX you can get more details here:
Bitcoin and cryptocurrency trading
With Pepperstone it is possible to trade with Bitcoin, the best known cryptocurrency and also used for online trading. But not only.
Pepperstone offers real-time quotes of Ripple, bitcoin cash, Ethereum, Litecoin and Dash for 24/7 trading with the metatrader 4 or from the webtrader. The minimum lot is 0.1 (corresponds to approximately 10 cents per dollar of underlying) and the applied financial leverage is 1: 5.
Pepperstone has also introduced CFDs called Crypto10, Crypto20 and Crypto30 which represent the prices of the top 10, 20 or 30 cryptocurrencies with the greatest capitalization.
Free demo account
Pepperstone offers the free demo account for all platforms. It is possible to use the demo account to evaluate the effectiveness of the broker’s services, test expert advisor and all other features. The demo account is a virtual money account but with real-time quotes like live accounts.
As per MiFID regulations, the leverage offered on CFDs is between 1: 1 and 1:30 depending on the underlying offered.
Features of Pepperstone
- MetaTrader 4, Metatrader 5, Web Trader (proprietary, by Pepperstone) and versions for smartphones and tablets
- Pepperstone grants the ability to do scalping, day trading and swing trading
- Deposits from € 200
- Leverage up to 1:30
- Spreads from 0.00
- Commission on ECN Razor of 3.5 USD
- Deposits by wire transfer, Skrill, Neteller, Paypal
2020 Pepperstone EU Limited
Company Number ΗΕ 398429 | Cyprus Securities and Exchange Commission Licence Number 388/20
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading derivatives is risky. It isn’t suitable for everyone and, in the case of Professional clients, you could lose substantially more than your initial investment. You don’t own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your or your client’s personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice.
Pepperstone EU Limited is a limited company registered in Cyprus under Company Number ΗΕ 398429 and is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence Number 388/20). Registered office: Arch. Makariou ΙΙΙ, 195, Neocleous House, 3030, Limassol, Cyprus.
The information on this site is not intended for residents of Belgium or the United States, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.