{ "url": "https://thetraderwiki.com/en/pepperstone/", "canonical": "https://thetraderwiki.com/en/pepperstone/", "html": "https://thetraderwiki.com/en/pepperstone/", "markdown": "https://thetraderwiki.com/en/pepperstone/index.md", "lang": "en", "dir": "ltr", "kind": "comparison", "key": "provider-pepperstone", "title": "Pepperstone review: platforms, pricing and regulation", "h1": "Pepperstone review", "description": "Pepperstone reviewed: MetaTrader, cTrader and TradingView, average spreads it publishes, regulation in six places, and the company you’d be with.", "keywords": [ "Pepperstone review", "Pepperstone regulation", "Pepperstone leverage", "is Pepperstone regulated", "Pepperstone minimum deposit", "Pepperstone fees" ], "published": "2026-09-30", "updated": "2026-10-15", "author": { "name": "Samuel T.", "url": "https://thetraderwiki.com/en/authors/samuel-t/" }, "publisher": { "name": "TheTraderWiki", "url": "https://thetraderwiki.com/" }, "riskWarning": "CFDs are complex, leveraged products, and the regulators’ own figures show that most retail accounts lose money. Nothing on TheTraderWiki is investment advice. Read the full risk disclosure, and if you’re unsure, talk to a qualified adviser. Broker details can change and they can be wrong. Before you open an account, confirm them with the broker and the regulator’s register.", "breadcrumbs": [ { "name": "Home", "url": "https://thetraderwiki.com/en/" }, { "name": "Guides", "url": "https://thetraderwiki.com/en/learn/" }, { "name": "Pepperstone", "url": "https://thetraderwiki.com/en/pepperstone/" } ], "lead": [ "Pepperstone is a regulated forex and CFD broker offering a broad selection of platforms. You can use MetaTrader 4, MetaTrader 5, cTrader, TradingView and its own platform. It’s regulated in the UK, Australia, Germany, Cyprus and Dubai, while its global company is regulated in the Bahamas. Pepperstone publishes both average spreads and minimums. Retail clients get negative balance protection from every Pepperstone company, the global one included. The trade-off is a small crypto range, and the global company advertises up to 1,000:1 leverage, but its own table goes no higher than 500:1, with 200:1 for retail clients. You can pick your country below to find out which Pepperstone company you’d be with." ], "leadLinks": [ { "label": "CFD", "url": "https://thetraderwiki.com/en/glossary/#cfd", "type": "internal" }, { "label": "spreads", "url": "https://thetraderwiki.com/en/glossary/#spread", "type": "internal" }, { "label": "Retail clients", "url": "https://thetraderwiki.com/en/glossary/#retail-client", "type": "internal" }, { "label": "negative balance protection", "url": "https://thetraderwiki.com/en/glossary/#negative-balance-protection", "type": "internal" }, { "label": "leverage", "url": "https://thetraderwiki.com/en/glossary/#leverage", "type": "internal" } ], "blocks": [ { "type": "features", "id": "at-a-glance", "heading": "Pepperstone at a glance", "url": "https://thetraderwiki.com/en/pepperstone/#at-a-glance", "intro": [ "Pepperstone stands out for its platform options, the pricing it publishes and where it’s regulated, though there are a couple of things to weigh up." ], "items": [ { "title": "A wide choice of platforms", "text": "MetaTrader 4, MetaTrader 5, cTrader and TradingView, where you can trade from the chart, plus Pepperstone’s own platform (trading platforms)." }, { "title": "Average spreads published", "text": "Pepperstone shows average spreads and minimums. On its Razor account, EUR/USD averages 0.1 pips with a commission added on top (EUR/USD spreads)." }, { "title": "Regulated in six places", "text": "Companies authorised by the FCA, ASIC, BaFin, CySEC and the DFSA, each giving retail clients negative balance protection. Its global company is licensed in the Bahamas, and its terms give retail clients the same protection (terms)." }, { "title": "What to weigh up", "text": "A small range of 31 crypto CFDs, and a headline of up to 1,000:1 at the global company that matches no row of its own leverage table (maximum leverage)." } ], "links": [ { "label": "trading platforms", "url": "https://thetraderwiki.com/en/trading-platforms/", "type": "internal" }, { "label": "pips", "url": "https://thetraderwiki.com/en/glossary/#pip", "type": "internal" }, { "label": "EUR/USD spreads", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "FCA", "url": "https://www.fca.org.uk/", "type": "source", "title": "Financial Conduct Authority", "publisher": "FCA" }, { "label": "ASIC", "url": "https://asic.gov.au/", "type": "source", "title": "Australian Securities and Investments Commission", "publisher": "ASIC" }, { "label": "BaFin", "url": "https://www.bafin.de/", "type": "source", "title": "Bundesanstalt für Finanzdienstleistungsaufsicht", "publisher": "BaFin" }, { "label": "CySEC", "url": "https://www.cysec.gov.cy/", "type": "source", "title": "Cyprus Securities and Exchange Commission", "publisher": "CySEC" }, { "label": "DFSA", "url": "https://www.dfsa.ae/", "type": "source", "title": "Dubai Financial Services Authority", "publisher": "DFSA" }, { "label": "terms", "url": "https://eu-assets.contentstack.com/v3/assets/bltd74737b907a31bbb/blt3f0fe9f3a045ffa4/SCB_Terms_Conditions.pdf", "type": "source", "title": "Pepperstone Markets Limited — Terms and Conditions (December 2025)", "publisher": "Pepperstone Markets Limited" }, { "label": "maximum leverage", "url": "https://thetraderwiki.com/en/maximum-leverage/", "type": "internal" } ] }, { "type": "features", "id": "global-leverage", "heading": "Leverage at Pepperstone’s global company", "url": "https://thetraderwiki.com/en/pepperstone/#global-leverage", "intro": [ "Pepperstone’s global company in the Bahamas gives retail clients leverage well above the 30:1 that its UK, Australian, German, Cyprus and Dubai companies give them (maximum leverage). With more leverage you take bigger positions, so you face bigger losses and bigger gains." ], "items": [ { "title": "Up to 200:1 on gold", "text": "Gold goes up to 200:1 for retail clients at the global company, and other metals such as silver go up to 10:1 (Pepperstone pricing)." }, { "title": "Up to 200:1 on forex", "text": "Every forex pair goes up to 200:1 at the global company, including EUR/USD and GBP/USD (Pepperstone pricing)." }, { "title": "Up to 50:1 on oil", "text": "WTI and Brent both go up to 50:1, and so do most other commodities (Pepperstone pricing)." }, { "title": "Up to 20:1 on Bitcoin and shares", "text": "Bitcoin and share CFDs such as Apple and NVIDIA go up to 20:1 (BTC/USD, Pepperstone pricing)." } ], "links": [ { "label": "retail clients", "url": "https://thetraderwiki.com/en/glossary/#retail-client", "type": "internal" }, { "label": "leverage", "url": "https://thetraderwiki.com/en/glossary/#leverage", "type": "internal" }, { "label": "maximum leverage", "url": "https://thetraderwiki.com/en/maximum-leverage/", "type": "internal" }, { "label": "Pepperstone pricing", "url": "https://pepperstone.com/en/ways-to-trade/pricing/", "type": "source", "title": "Pepperstone — Pricing (maximum leverage by asset class)", "publisher": "Pepperstone Markets Limited" }, { "label": "BTC/USD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" } ] }, { "type": "table", "id": "by-country", "heading": "Is Pepperstone regulated where you live?", "url": "https://thetraderwiki.com/en/pepperstone/#by-country", "intro": [ "Pepperstone is regulated in every country it serves here. The company that opens your account and its regulator decide your leverage and protections, and where you live usually picks which Pepperstone company that is. In the United Kingdom, Pepperstone usually places someone with Pepperstone Limited, regulated by the FCA, which gives 30:1 and negative balance protection as a right. Someone in Brazil usually gets the global company, Pepperstone Markets Limited, licensed by the Securities Commission of The Bahamas, with more leverage, up to 200:1 on forex, and fewer protections. Because the Cyprus company’s Spanish site accepts only Spanish residents who qualify as professional clients, Spain lists no company.", "Even if the global company takes you on, the group also holds licences from the FCA, ASIC, BaFin, CySEC and the DFSA. Those regulators check who owns and runs the group and hold the group’s companies in their countries to their rules on capital and client money, though those rules protect only those companies’ clients. The last column gives what the global company’s own terms say about your country." ], "head": [ "Country", "Company that serves you", "Highest retail leverage", "Negative balance protection", "The group’s global company", "Highest retail leverage", "Negative balance protection", "Its terms on your country" ], "rows": [ [ "Germany", "Pepperstone GmbH (BaFin)", "30:1", "A retail right", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of the European Union, and that covers your country." ], [ "Spain", "No company listed here", "n/a", "n/a", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of the European Union, and that covers your country." ], [ "France", "Pepperstone EU Limited (CySEC)", "30:1", "A retail right", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of the European Union, and that covers your country." ], [ "Italy", "Pepperstone EU Limited (CySEC)", "30:1", "A retail right", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of the European Union, and that covers your country." ], [ "Poland", "Pepperstone EU Limited (CySEC)", "30:1", "A retail right", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of the European Union, and that covers your country." ], [ "Portugal", "Pepperstone EU Limited (CySEC)", "30:1", "A retail right", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of the European Union, and that covers your country." ], [ "United Kingdom", "Pepperstone Limited (FCA)", "30:1", "A retail right", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of your country." ], [ "Australia", "Pepperstone Group Limited (ASIC)", "30:1", "A retail right", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "Its terms exclude residents of your country." ], [ "Argentina", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Brazil", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Chile", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Colombia", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Mexico", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Peru", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Indonesia", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Malaysia", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Philippines", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Thailand", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ], [ "Vietnam", "Pepperstone Markets Limited (Bahamas SCB)", "200:1", "A retail right", "The same company", "n/a", "n/a", "n/a" ] ], "values": { "columns": [ "country", [ "localCompany", "localRegulator" ], "localRetailMax", "localNbp", [ "globalCompany", "globalRegulator", "globalSameAsLocal" ], "globalRetailMax", "globalNbp", "terms" ], "rows": [ { "country": "DE", "localCompany": "Pepperstone GmbH", "localRegulator": "bafin", "localRetailMax": 30, "localNbp": "retail-right", "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-bloc" }, { "country": "ES", "localCompany": false, "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-bloc" }, { "country": "FR", "localCompany": "Pepperstone EU Limited", "localRegulator": "cysec", "localRetailMax": 30, "localNbp": "retail-right", "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-bloc" }, { "country": "IT", "localCompany": "Pepperstone EU Limited", "localRegulator": "cysec", "localRetailMax": 30, "localNbp": "retail-right", "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-bloc" }, { "country": "PL", "localCompany": "Pepperstone EU Limited", "localRegulator": "cysec", "localRetailMax": 30, "localNbp": "retail-right", "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-bloc" }, { "country": "PT", "localCompany": "Pepperstone EU Limited", "localRegulator": "cysec", "localRetailMax": 30, "localNbp": "retail-right", "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-bloc" }, { "country": "GB", "localCompany": "Pepperstone Limited", "localRegulator": "fca", "localRetailMax": 30, "localNbp": "retail-right", "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-named" }, { "country": "AU", "localCompany": "Pepperstone Group Limited", "localRegulator": "asic", "localRetailMax": 30, "localNbp": "retail-right", "globalCompany": "Pepperstone Markets Limited", "globalRegulator": "scb", "globalRetailMax": 200, "globalNbp": "retail-right", "terms": "excluded-named" }, { "country": "AR", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "BR", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "CL", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "CO", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "MX", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "PE", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "ID", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "MY", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "PH", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "TH", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true }, { "country": "VN", "localCompany": "Pepperstone Markets Limited", "localRegulator": "scb", "localRetailMax": 200, "localNbp": "retail-right", "globalSameAsLocal": true } ] }, "valueLabels": { "localNbp": { "retail-right": "A retail right" }, "globalNbp": { "retail-right": "A retail right" }, "terms": { "excluded-bloc": "Its terms exclude residents of the European Union, and that covers your country.", "excluded-named": "Its terms exclude residents of your country." } }, "numericColumns": [], "checked": "These figures were checked between 4 October 2026 and 17 October 2026. Confirm them with the broker before you open an account.", "links": [ { "label": "The company that opens your account", "url": "https://thetraderwiki.com/en/broker-groups-and-regulators/", "type": "internal" }, { "label": "leverage", "url": "https://thetraderwiki.com/en/glossary/#leverage", "type": "internal" }, { "label": "FCA", "url": "https://www.fca.org.uk/", "type": "source", "title": "Financial Conduct Authority", "publisher": "FCA" }, { "label": "negative balance protection", "url": "https://thetraderwiki.com/en/glossary/#negative-balance-protection", "type": "internal" }, { "label": "professional clients", "url": "https://thetraderwiki.com/en/glossary/#professional-client", "type": "internal" } ] }, { "type": "table", "id": "forex-basket", "heading": "Forex basket at the global company", "url": "https://thetraderwiki.com/en/pepperstone/#forex-basket", "intro": [ "Forex at the Bahamas company has one retail limit, 200:1, for every pair. Spreads are in pips. The Standard account charges no commission and adds a one-pip mark-up, while the Razor account charges a commission that differs by platform. Contract size, lot limits, trading hours and overnight financing aren’t published." ], "caption": "Eight forex pairs at the global company, each cell as the company publishes it or shown as not published.", "legend": { "label": "Key", "items": [ { "code": "NP", "text": "not published by the provider" } ] }, "head": [ "Instrument", "Leverage ceiling", "Spread", "Commission", "Contract size", "Minimum lot", "Maximum lot", "Trading hours", "Overnight financing" ], "rows": [ [ "EURUSD", "200:1", "Razor: 0 pips min, 0.1 pips avg · Standard: 1 pip min, 1.1 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "USDJPY", "200:1", "Razor: 0 pips min, 0.2 pips avg · Standard: 1 pip min, 1.2 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "GBPUSD", "200:1", "Razor: 0 pips min, 0.2 pips avg · Standard: 1 pip min, 1.2 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "AUDUSD", "200:1", "Razor: 0 pips min, 0.1 pips avg · Standard: 1 pip min, 1.1 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "USDCAD", "200:1", "Razor: 0 pips min, 0.2 pips avg · Standard: 1 pip min, 1.2 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "USDCHF", "200:1", "Razor: 0 pips min, 0.2 pips avg · Standard: 1 pip min, 1.2 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "EURGBP", "200:1", "Razor: 0.1 pips min, 0.2 pips avg · Standard: 1.1 pips min, 1.2 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "EURJPY", "200:1", "Razor: 0.2 pips min, 0.9 pips avg · Standard: 1.2 pips min, 1.9 pips avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ] ], "values": { "columns": [ [ "symbol", "provenance" ], [ "available", "leverage", "margin" ], "spread", "commission", "contractSize", "minLot", "maxLot", "hours", "financing" ], "rows": [ { "symbol": "EURUSD", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0, "avg": 0.1 }, "standard": { "min": 1, "avg": 1.1 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "USDJPY", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0, "avg": 0.2 }, "standard": { "min": 1, "avg": 1.2 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "GBPUSD", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0, "avg": 0.2 }, "standard": { "min": 1, "avg": 1.2 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "AUDUSD", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0, "avg": 0.1 }, "standard": { "min": 1, "avg": 1.1 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "USDCAD", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0, "avg": 0.2 }, "standard": { "min": 1, "avg": 1.2 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "USDCHF", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0, "avg": 0.2 }, "standard": { "min": 1, "avg": 1.2 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "EURGBP", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0.1, "avg": 0.2 }, "standard": { "min": 1.1, "avg": 1.2 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "EURJPY", "leverage": 200, "spread": { "unit": "pips", "accounts": { "razor": { "min": 0.2, "avg": 0.9 }, "standard": { "min": 1.2, "avg": 1.9 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null } ] }, "numericColumns": [ 4, 5, 6 ], "checked": "These figures were checked on 14 September 2026. Confirm them with the broker before you open an account.", "outro": [ "Commission, for every instrument in the table above: Standard: No commission. \"We don't charge commission on margin FX trades made on our Standard account. There's a 1 pip markup on margin FX pairs.\" · Razor: \"Commission on the Pepperstone platform is calculated as 3.5 USD per 1 standard FX lot per side.\" cTrader: 6 USD roundtrip fixed per unit. TradingView: 7 USD roundtrip fixed per unit. MT4/5: based on account currency and lot size." ], "links": [ { "label": "pips", "url": "https://thetraderwiki.com/en/glossary/#pip", "type": "internal" }, { "label": "lot", "url": "https://thetraderwiki.com/en/glossary/#lot", "type": "internal" }, { "label": "overnight financing", "url": "https://thetraderwiki.com/en/glossary/#overnight-financing", "type": "internal" }, { "label": "EURUSD", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "USDJPY", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "GBPUSD", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "AUDUSD", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "USDCAD", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "USDCHF", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "EURGBP", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" }, { "label": "EURJPY", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/", "type": "source", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited" } ] }, { "type": "table", "id": "crypto-basket", "heading": "Crypto basket at the global company", "url": "https://thetraderwiki.com/en/pepperstone/#crypto-basket", "intro": [ "Crypto leverage is published only for Bitcoin, because the pricing page names no other coin. Neither account charges commission on crypto." ], "caption": "Eight cryptocurrencies at the global company, each cell as the company publishes it or shown as not published.", "legend": { "label": "Key", "items": [ { "code": "NP", "text": "not published by the provider" } ] }, "head": [ "Instrument", "Leverage ceiling", "Spread", "Commission", "Contract size", "Minimum lot", "Maximum lot", "Trading hours", "Overnight financing" ], "rows": [ [ "BTCUSD", "20:1", "Razor: USD 10 min, USD 15.15 avg · Standard: USD 10 min, USD 15.15 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "ETHUSD", "NP", "Razor: USD 2 min, USD 2.01 avg · Standard: USD 2 min, USD 2.01 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "XRPUSD", "NP", "Razor: USD 2 min, USD 5.1 avg · Standard: USD 2 min, USD 5.1 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "SOLUSD", "NP", "Razor: USD 2 min, USD 4.1 avg · Standard: USD 2 min, USD 4.1 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "BNBUSD", "NP", "Razor: USD 6.7 min, USD 11.5 avg · Standard: USD 6.7 min, USD 11.5 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "DOGEUSD", "NP", "Razor: USD 9 min, USD 9.2 avg · Standard: USD 9 min, USD 9.2 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "ADAUSD", "NP", "Razor: USD 4 min, USD 4 avg · Standard: USD 4 min, USD 4 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ], [ "LTCUSD", "NP", "Razor: USD 2.5 min, USD 2.5 avg · Standard: USD 2.5 min, USD 2.5 avg", "The same for every instrument, under the table", "NP", "NP", "NP", "NP", "NP" ] ], "values": { "columns": [ [ "symbol", "provenance" ], [ "available", "leverage", "margin" ], "spread", "commission", "contractSize", "minLot", "maxLot", "hours", "financing" ], "rows": [ { "symbol": "BTCUSD", "leverage": 20, "spread": { "unit": "USD", "accounts": { "razor": { "min": 10, "avg": 15.15 }, "standard": { "min": 10, "avg": 15.15 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "ETHUSD", "leverage": null, "spread": { "unit": "USD", "accounts": { "razor": { "min": 2, "avg": 2.01 }, "standard": { "min": 2, "avg": 2.01 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "XRPUSD", "leverage": null, "spread": { "unit": "USD", "accounts": { "razor": { "min": 2, "avg": 5.1 }, "standard": { "min": 2, "avg": 5.1 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "SOLUSD", "leverage": null, "spread": { "unit": "USD", "accounts": { "razor": { "min": 2, "avg": 4.1 }, "standard": { "min": 2, "avg": 4.1 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "BNBUSD", "leverage": null, "spread": { "unit": "USD", "accounts": { "razor": { "min": 6.7, "avg": 11.5 }, "standard": { "min": 6.7, "avg": 11.5 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "DOGEUSD", "leverage": null, "spread": { "unit": "USD", "accounts": { "razor": { "min": 9, "avg": 9.2 }, "standard": { "min": 9, "avg": 9.2 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "ADAUSD", "leverage": null, "spread": { "unit": "USD", "accounts": { "razor": { "min": 4, "avg": 4 }, "standard": { "min": 4, "avg": 4 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null }, { "symbol": "LTCUSD", "leverage": null, "spread": { "unit": "USD", "accounts": { "razor": { "min": 2.5, "avg": 2.5 }, "standard": { "min": 2.5, "avg": 2.5 } } }, "contractSize": null, "minLot": null, "maxLot": null, "hours": null, "financing": null } ] }, "numericColumns": [ 4, 5, 6 ], "checked": "These figures were checked on 14 September 2026. Confirm them with the broker before you open an account.", "outro": [ "Commission, for every instrument in the table above: Standard: No commission. \"We don't charge commission on cryptocurrency CFDs.\" · Razor: No commission. \"We don't charge commission on cryptocurrency CFDs.\"" ], "links": [ { "label": "BTCUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" }, { "label": "ETHUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" }, { "label": "XRPUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" }, { "label": "SOLUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" }, { "label": "BNBUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" }, { "label": "DOGEUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" }, { "label": "ADAUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" }, { "label": "LTCUSD", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads", "type": "source", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited" } ] }, { "type": "table", "id": "ceilings", "heading": "Account maximum against instrument ceilings", "url": "https://thetraderwiki.com/en/pepperstone/#ceilings", "intro": [ "The Bahamas company’s account maximum of 200:1 holds for forex, gold and major indices (costs and fees page). Crypto and shares stop at 20:1, and metals other than gold at 10:1." ], "caption": "The advertised account maximum against the highest and lowest ceilings published on the basket instruments.", "head": [ "Basket", "Account maximum", "Highest instrument ceiling", "Lowest instrument ceiling" ], "rows": [ [ "Forex", "200:1", "200:1", "200:1" ], [ "Crypto", "200:1", "20:1", "20:1" ], [ "Commodities", "200:1", "200:1", "10:1" ], [ "Shares", "200:1", "20:1", "20:1" ] ], "values": { "columns": [ "basket", "accountMax", "high", "low" ], "rows": [ { "basket": "forex", "accountMax": 200, "high": 200, "low": 200 }, { "basket": "crypto", "accountMax": 200, "high": 20, "low": 20 }, { "basket": "commodities", "accountMax": 200, "high": 200, "low": 10 }, { "basket": "shares", "accountMax": 200, "high": 20, "low": 20 } ] }, "valueLabels": { "basket": { "forex": "Forex", "crypto": "Crypto", "commodities": "Commodities", "shares": "Shares" } }, "numericColumns": [], "checked": "These figures were checked between 14 September 2026 and 26 September 2026. Confirm them with the broker before you open an account.", "outro": [ "Elsewhere in the group, the UK company publishes its margin tiers for each instrument. The Australian company sets tiers across the whole account but doesn’t publish them, and the German and Cyprus companies say nothing on tiers. None of them promises notice before changing leverage." ], "links": [ { "label": "costs and fees page", "url": "https://pepperstone.com/en/trading/costs-and-fees", "type": "source", "title": "Pepperstone — Costs and fees (global site)", "publisher": "Pepperstone Markets Limited" }, { "label": "margin", "url": "https://thetraderwiki.com/en/glossary/#margin", "type": "internal" } ] }, { "type": "table", "id": "costs", "heading": "Costs it publishes", "url": "https://thetraderwiki.com/en/pepperstone/#costs", "intro": [ "Pepperstone’s European costs document gives average spreads of 0.1 and 1.1 pips on its two accounts. The overnight charge is tied to tom-next, and there’s no inactivity fee." ], "caption": "What the group publishes about its trading costs, field by field.", "head": [ "Attribute", "Value" ], "rows": [ [ "Average spread published", "Yes" ], [ "Method and period", "No" ], [ "Swap benchmark", "Yes" ], [ "Swap mark-up", "Yes" ], [ "Inactivity fee stated", "Yes" ] ], "values": { "columns": [ "attribute", "value" ], "rows": [ { "attribute": "avgSpread", "value": true }, { "attribute": "method", "value": false }, { "attribute": "swapBenchmark", "value": true }, { "attribute": "swapMarkup", "value": true }, { "attribute": "inactivity", "value": true } ] }, "numericColumns": [], "checked": "These figures come straight from each broker’s published information, with no check date noted. Confirm them with the broker before you open an account." }, { "type": "table", "id": "funding", "heading": "Funding", "url": "https://thetraderwiki.com/en/pepperstone/#funding", "intro": [ "Funding on the group’s global pages takes USDT as the only named coin, and those crypto deposits go to the Bahamas company. The UK and Australian companies set their own terms, shown in the by-country table below, and the same facts for every broker are on the comparison page. Because the broker can change these terms and those in the by-country table below at its own discretion, always double-check them on the broker’s own website before you deposit." ], "caption": "How the group’s global company says an account can be funded.", "head": [ "Attribute", "Value" ], "rows": [ [ "Card deposits", "Yes" ], [ "Bank transfer", "Yes" ], [ "Crypto deposits", "USDT (TRC20, BEP20, ERC20)" ], [ "Base currencies", "USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD" ], [ "Minimum deposit", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Deposit and withdrawal fees", "At the global company, no deposit fee and $20 for an international bank withdrawal" ], [ "Withdrawal time", "Up to 1 working day, cards and wallets" ] ], "values": { "columns": [ "attribute", "value" ], "rows": [ { "attribute": "cards", "value": true }, { "attribute": "wire", "value": true }, { "attribute": "cryptoDeposits", "value": { "deposits": true, "coins": [ { "coin": "USDT", "networks": [ "TRC20", "BEP20", "ERC20" ] } ] } }, { "attribute": "baseCurrencies", "value": [ "USD", "EUR", "GBP", "AUD", "CAD", "CHF", "JPY", "NZD", "SGD", "HKD" ] }, { "attribute": "minDeposit", "value": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "attribute": "fees" }, { "attribute": "withdrawalTime" } ] }, "valueLabels": { "value": { "equivalent": "Currency not stated, or the equivalent in the account’s base currency" } }, "numericColumns": [], "checked": "These figures were checked between 10 September 2026 and 29 September 2026. Confirm them with the broker before you open an account.", "links": [ { "label": "comparison page", "url": "https://thetraderwiki.com/en/compare-brokers/", "type": "internal" } ] }, { "type": "table", "id": "funding-by-country", "heading": "Funding, by country", "url": "https://thetraderwiki.com/en/pepperstone/#funding-by-country", "intro": [ "Funding from Australia can use PayID and BPAY, and Thailand gets PromptPay. Outside those two, no country here has a local payment rail the group accepts. Crypto deposits are taken from Australia and from every Latin American and South-east Asian country, but not by the UK and Cyprus companies. The German company publishes no funding methods at all." ], "caption": "What a resident of each country can use to fund an account: cards, the payment rails local to the country that the group accepts, whether a crypto deposit is taken from there and the minimum deposit at the company that serves it.", "legend": { "label": "Key", "items": [ { "code": "NP", "text": "not published by the provider" } ] }, "head": [ "Country", "Available", "Card deposits", "Local payment rails", "Crypto deposits", "Minimum deposit" ], "rows": [ [ "Germany", "Yes", "Yes", "None", "NP", "NP" ], [ "Spain", "no company listed for this country", "n/a", "n/a", "n/a", "n/a" ], [ "France", "Yes", "Yes", "None", "No", "€10 by Apple Pay, Google Pay, card or PayPal" ], [ "Italy", "Yes", "Yes", "None", "No", "€10 by Apple Pay, Google Pay, card or PayPal" ], [ "Poland", "Yes", "Yes", "None", "No", "€10 by Apple Pay, Google Pay, card or PayPal" ], [ "Portugal", "Yes", "Yes", "None", "No", "€10 by Apple Pay, Google Pay, card or PayPal" ], [ "United Kingdom", "Yes", "Yes", "None", "No", "£10 by card, none by bank transfer" ], [ "Australia", "Yes", "Yes", "PayID, BPAY", "Yes", "10 in the account’s base currency" ], [ "Argentina", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Brazil", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Chile", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Colombia", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Mexico", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Peru", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Indonesia", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Malaysia", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Philippines", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Thailand", "Yes", "Yes", "PromptPay / Thai banking", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ], [ "Vietnam", "Yes", "Yes", "None", "Yes", "10, currency not stated, or the equivalent in the account’s base currency" ] ], "values": { "columns": [ "country", [ "available", "viaGlobal", "reasons" ], "cards", "localRails", "cryptoHere", "minDeposit" ], "rows": [ { "country": "DE", "available": true, "cards": true, "localRails": [], "cryptoHere": null, "minDeposit": null }, { "country": "ES", "available": false, "reasons": [ "noEntity" ] }, { "country": "FR", "available": true, "cards": true, "localRails": [], "cryptoHere": false }, { "country": "IT", "available": true, "cards": true, "localRails": [], "cryptoHere": false }, { "country": "PL", "available": true, "cards": true, "localRails": [], "cryptoHere": false }, { "country": "PT", "available": true, "cards": true, "localRails": [], "cryptoHere": false }, { "country": "GB", "available": true, "cards": true, "localRails": [], "cryptoHere": false }, { "country": "AU", "available": true, "cards": true, "localRails": [ "payid", "bpay" ], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "base" } }, { "country": "AR", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "BR", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "CL", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "CO", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "MX", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "PE", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "ID", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "MY", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "PH", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "TH", "available": true, "cards": true, "localRails": [ "promptpay" ], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } }, { "country": "VN", "available": true, "cards": true, "localRails": [], "cryptoHere": true, "minDeposit": { "amount": 10, "currency": null, "basis": "equivalent" } } ] }, "valueLabels": { "reasons": { "noEntity": "No company listed for this country" }, "minDeposit": { "base": "In the account’s base currency", "equivalent": "Currency not stated, or the equivalent in the account’s base currency" } }, "numericColumns": [], "checked": "These figures were checked between 27 September 2026 and 16 October 2026. Confirm them with the broker before you open an account.", "links": [ { "label": "local payment rail", "url": "https://thetraderwiki.com/en/payment-rails-by-country/", "type": "internal" } ] }, { "type": "table", "id": "platforms", "heading": "Platforms and tools", "url": "https://thetraderwiki.com/en/pepperstone/#platforms", "intro": [ "Platforms on offer include cTrader and Pepperstone’s own as well as MetaTrader and TradingView. Pepperstone’s hosted servers are free, but only with Pro status." ], "caption": "Platforms, tools and related fields, as the group states them.", "legend": { "label": "Key", "items": [ { "code": "NP", "text": "not published by the provider" } ] }, "head": [ "Attribute", "Value" ], "rows": [ [ "MetaTrader 4", "Yes" ], [ "MetaTrader 5", "Yes" ], [ "cTrader", "Yes" ], [ "TradingView", "Yes, trading from its charts" ], [ "Proprietary platform", "Pepperstone platform" ], [ "API access", "REST and FIX (FIX needs €160m monthly volume)" ], [ "Copy trading", "NP" ], [ "Hosted servers", "Free, gated on Pro status" ], [ "Analysis tools", "Smart Trader Tools (60+ apps)" ], [ "Minimum lot", "0.01" ] ], "values": { "columns": [ "attribute", "value" ], "rows": [ { "attribute": "mt4", "value": true }, { "attribute": "mt5", "value": true }, { "attribute": "ctrader", "value": true }, { "attribute": "tradingview" }, { "attribute": "proprietary" }, { "attribute": "api" }, { "attribute": "copyTrading", "value": null }, { "attribute": "vps" }, { "attribute": "tools" }, { "attribute": "minLot", "value": 0.01 } ] }, "numericColumns": [], "checked": "These figures come straight from each broker’s published information, with no check date noted. Confirm them with the broker before you open an account." }, { "type": "table", "id": "coverage", "heading": "What you can trade", "url": "https://thetraderwiki.com/en/pepperstone/#coverage", "intro": [ "You can trade over 1,350 instruments, most of them share CFDs, but no bonds or options. Pepperstone’s figures were sourced on 12 March 2025, as its own page states (trading accounts)." ], "caption": "Instruments per asset class, the total, and the classes not offered.", "legend": { "label": "Key", "items": [ { "code": "NP", "text": "not published by the provider" } ] }, "head": [ "Attribute", "Value" ], "rows": [ [ "Currency pairs", "93" ], [ "Crypto CFDs", "31" ], [ "Share CFDs", "1,162" ], [ "ETF CFDs", "95" ], [ "Index CFDs", "26" ], [ "Commodity CFDs", "40" ], [ "All instruments", "1,350+" ], [ "Swap-free accounts", "NP" ], [ "Not offered at all", "Bonds, options" ] ], "values": { "columns": [ "attribute", "value" ], "rows": [ { "attribute": "forex", "value": { "n": 93, "plus": false } }, { "attribute": "crypto", "value": { "n": 31, "plus": false } }, { "attribute": "shares", "value": { "n": 1162, "plus": false } }, { "attribute": "etf", "value": { "n": 95, "plus": false } }, { "attribute": "indices", "value": { "n": 26, "plus": false } }, { "attribute": "commodities", "value": { "n": 40, "plus": false } }, { "attribute": "total", "value": { "figures": [ 1350 ], "plus": true } }, { "attribute": "swapFree", "value": null }, { "attribute": "absent" } ] }, "numericColumns": [], "checked": "These figures come straight from each broker’s published information, with no check date noted. Confirm them with the broker before you open an account.", "outro": [ "More markets don’t always mean a better broker for you. Leverage, overnight financing, execution and costs often affect a trade more (what matters besides the market count)." ], "links": [ { "label": "trading accounts", "url": "https://pepperstone.com/en/trading/trading-accounts", "type": "source", "title": "Pepperstone — Trading accounts (global site)", "publisher": "Pepperstone Markets Limited" }, { "label": "what matters besides the market count", "url": "https://thetraderwiki.com/en/more-than-markets/", "type": "internal" } ] }, { "type": "table", "id": "companies", "heading": "Every company in the group", "url": "https://thetraderwiki.com/en/pepperstone/#companies", "intro": [ "Each company holds its own licence, and the protection comes with that licence. The Dubai company, under the DFSA, isn’t the one for any country above. Only the UK company’s filed accounts are shown, and Pepperstone isn’t listed on a stock exchange." ], "caption": "Each regulated company in the group: regulator and licence, the source of the licence number, negative balance protection and the latest accounts filed.", "legend": { "label": "Key", "items": [ { "code": "NP", "text": "not published by the provider" } ] }, "head": [ "Company", "Regulator and licence", "Company number", "Licence source", "Negative balance protection", "Latest filed accounts" ], "rows": [ [ "Pepperstone Limited", "FCA FRN 684312", "08965105", "The regulator’s register", "A retail right", "Year to 30 June 2025: revenue 15,040,968 GBP, net assets 30,456,819 GBP" ], [ "Pepperstone Group Limited", "ASIC AFSL 414530", "ABN 12 147 055 703", "The regulator’s register", "A retail right", "NP" ], [ "Pepperstone EU Limited", "CySEC CIF 388/20", "HE 398429", "The regulator’s register", "A retail right", "NP" ], [ "Pepperstone GmbH", "BaFin 151148", "NP", "The regulator’s register", "A retail right", "NP" ], [ "Pepperstone Financial Services (DIFC) Ltd", "DFSA F004356", "NP", "The regulator’s register", "A retail right", "NP" ], [ "Pepperstone Markets Limited", "Bahamas SCB SIA-F217, self-stated", "NP", "The regulator’s register", "A retail right", "NP" ] ], "values": { "columns": [ "company", [ "regulator", "licence", "licenceSelfStated" ], "companyNumber", [ "verified", "onList", "sources" ], "nbp", "accounts" ], "rows": [ { "company": "Pepperstone Limited", "regulator": "fca", "licence": "FRN 684312", "licenceSelfStated": false, "companyNumber": "08965105", "verified": "register", "sources": [ "fca-firm-684312" ], "nbp": "retail-right", "accounts": { "periodMonths": 12, "periodEnd": "2025-06-30", "revenue": 15040968, "netAssets": 30456819, "currency": "GBP" } }, { "company": "Pepperstone Group Limited", "regulator": "asic", "licence": "AFSL 414530", "licenceSelfStated": false, "companyNumber": "ABN 12 147 055 703", "verified": "register", "sources": [ "asic-afs-licensees-2026-10" ], "nbp": "retail-right", "accounts": null }, { "company": "Pepperstone EU Limited", "regulator": "cysec", "licence": "CIF 388/20", "licenceSelfStated": false, "companyNumber": "HE 398429", "verified": "register", "sources": [ "cysec-cif-88151" ], "nbp": "retail-right", "accounts": null }, { "company": "Pepperstone GmbH", "regulator": "bafin", "licence": "151148", "licenceSelfStated": false, "companyNumber": null, "verified": "register", "sources": [ "bafin-151148" ], "nbp": "retail-right", "accounts": null }, { "company": "Pepperstone Financial Services (DIFC) Ltd", "regulator": "dfsa", "licence": "F004356", "licenceSelfStated": false, "companyNumber": null, "verified": "register", "sources": [ "dfsa-f004356" ], "nbp": "retail-right", "accounts": null }, { "company": "Pepperstone Markets Limited", "regulator": "scb", "licence": "SIA-F217", "licenceSelfStated": true, "companyNumber": null, "verified": "register", "sources": [ "scb-sia-firms-2026-09" ], "nbp": "retail-right", "accounts": null } ] }, "valueLabels": { "verified": { "register": "The regulator’s register" }, "nbp": { "retail-right": "A retail right" } }, "numericColumns": [], "checked": "These figures were checked between 4 October 2026 and 17 October 2026. Confirm them with the broker before you open an account.", "links": [ { "label": "DFSA", "url": "https://www.dfsa.ae/", "type": "source", "title": "Dubai Financial Services Authority", "publisher": "DFSA" }, { "label": "The regulator’s register", "url": "https://register.fca.org.uk/s/firm?id=001b000000nQHG2AAO", "type": "source", "title": "FCA Financial Services Register: Pepperstone Limited, FRN 684312", "publisher": "Financial Conduct Authority" }, { "label": "The regulator’s register", "url": "https://data.gov.au/data/dataset/ab7eddce-84df-4098-bc8f-500d0d9776d1/resource/d98a113d-6b50-40e6-b65f-2612efc877f4/download/afs_lic_202610.csv", "type": "source", "title": "ASIC Australian Financial Services licensee dataset, October 2026", "publisher": "Australian Securities and Investments Commission" }, { "label": "The regulator’s register", "url": "https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/88151/", "type": "source", "title": "CySEC register of Cyprus Investment Firms: Pepperstone EU Limited, licence 388/20", "publisher": "Cyprus Securities and Exchange Commission" }, { "label": "The regulator’s register", "url": "https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&institutId=151148", "type": "source", "title": "BaFin company database: Pepperstone GmbH", "publisher": "Bundesanstalt für Finanzdienstleistungsaufsicht" }, { "label": "The regulator’s register", "url": "https://www.dfsa.ae/public-register/firms/pepperstone-financial-services-difc-limited", "type": "source", "title": "DFSA public register: Pepperstone Financial Services (DIFC) Limited", "publisher": "Dubai Financial Services Authority" }, { "label": "The regulator’s register", "url": "https://scb.gov.bs/wp-content/uploads/2026/10/SIA-Firms-as-at-30-September-2026-1.pdf", "type": "source", "title": "Firms registered under the Securities Industry Act, as at 30 September 2026", "publisher": "Securities Commission of The Bahamas" } ] }, { "type": "list", "id": "unpublished", "heading": "What the group does not publish", "url": "https://thetraderwiki.com/en/pepperstone/#unpublished", "intro": [ "The group doesn’t publish whether it offers copy trading or swap-free accounts. Most details on the basket instruments are missing too." ], "ordered": false, "items": [ "Copy trading", "Swap-free accounts", "Contract size: not published for 29 of the basket instruments", "Minimum lot: not published for 29 of the basket instruments", "Maximum lot: not published for 29 of the basket instruments", "Trading hours: not published for 29 of the basket instruments", "Overnight financing: not published for 29 of the basket instruments", "Leverage ceiling: not published for 7 of the basket instruments", "Spread: not published for 13 of the basket instruments", "Commission: not published for 13 of the basket instruments" ] }, { "type": "faq", "id": "questions", "heading": "Common questions about Pepperstone", "url": "https://thetraderwiki.com/en/pepperstone/#questions", "intro": [ "Pepperstone’s answers vary by company, so every answer below tells you which Pepperstone company it applies to." ], "items": [ { "id": "is-pepperstone-regulated", "question": "Is Pepperstone regulated?", "url": "https://thetraderwiki.com/en/pepperstone/#is-pepperstone-regulated", "answer": [ "Yes, Pepperstone is regulated through six companies. Pepperstone Limited has FCA firm reference number 684312 and Pepperstone EU Limited has CySEC licence 388/20. The other Pepperstone companies are under ASIC, BaFin, the DFSA and the Securities Commission of The Bahamas." ] }, { "id": "which-pepperstone-company", "question": "Which Pepperstone company would I be with?", "url": "https://thetraderwiki.com/en/pepperstone/#which-pepperstone-company", "answer": [ "Your Pepperstone company usually depends on where you live, and that company’s regulator sets your leverage and protections. The UK, Australia and Germany each have their own company. Pepperstone usually places people in France, Italy, Poland and Portugal with Pepperstone EU Limited in Cyprus. Those in Latin America and South-east Asia are usually placed with Pepperstone Markets Limited in the Bahamas. Spain isn’t served for retail clients." ] }, { "id": "pepperstone-leverage", "question": "What leverage does Pepperstone offer?", "url": "https://thetraderwiki.com/en/pepperstone/#pepperstone-leverage", "answer": [ "Pepperstone gives retail clients up to 30:1 at the UK, Australian, German, Cyprus and Dubai companies. Professionals get 500:1 at the UK company. The Bahamas company gives retail clients 200:1 on forex, gold and major indices, 50:1 on most other commodities, 20:1 on shares and 10:1 on other metals (Pepperstone costs and fees)." ] }, { "id": "pepperstone-minimum-deposit", "question": "What is Pepperstone’s minimum deposit?", "url": "https://thetraderwiki.com/en/pepperstone/#pepperstone-minimum-deposit", "answer": [ "Pepperstone needs a minimum deposit of ten pounds by card at the UK company, and nothing by bank transfer. The Australian company and global pages list 10 as the minimum deposit without naming a currency. None of the three charges a deposit fee." ] }, { "id": "pepperstone-platforms", "question": "Does Pepperstone offer MT4, MT5 or TradingView?", "url": "https://thetraderwiki.com/en/pepperstone/#pepperstone-platforms", "answer": [ "Yes, Pepperstone’s UK and Australian companies both give you all three (MetaTrader). On the global pages you also get cTrader and Pepperstone’s own platform." ] }, { "id": "pepperstone-negative-balance-protection", "question": "Does Pepperstone have negative balance protection?", "url": "https://thetraderwiki.com/en/pepperstone/#pepperstone-negative-balance-protection", "answer": [ "Yes, negative balance protection is a retail right at all six Pepperstone companies. Clause 6.2 of the terms at the Bahamas company states that a retail client “won’t be liable for any negative equity balance”. Pro clients there get it only at the company’s discretion, up to USD 100,000 and once (terms)." ] } ], "links": [ { "label": "Pepperstone costs and fees", "url": "https://pepperstone.com/en/trading/costs-and-fees", "type": "source", "title": "Pepperstone — Costs and fees (global site)", "publisher": "Pepperstone Markets Limited" }, { "label": "MetaTrader", "url": "https://thetraderwiki.com/en/metatrader-4-and-5/", "type": "internal" }, { "label": "terms", "url": "https://eu-assets.contentstack.com/v3/assets/bltd74737b907a31bbb/blt3f0fe9f3a045ffa4/SCB_Terms_Conditions.pdf", "type": "source", "title": "Pepperstone Markets Limited — Terms and Conditions (December 2025)", "publisher": "Pepperstone Markets Limited" } ] }, { "type": "generated", "id": "sign-up", "heading": "Opening a Pepperstone account", "url": "https://thetraderwiki.com/en/pepperstone/#sign-up", "intro": [ "A Pepperstone account is opened through the group’s own sign-up. Nothing guarantees which company takes you on, the local one or the global one. You can tell which from the company name on your account documents, and from the leverage you’re offered: 30:1 means a company under a local leverage cap, such as the UK or EU one, and anything higher means the global one. If you’re not sure, Pepperstone’s customer support can tell you which company holds your account. Read the risk warning below before you put money in." ], "signup": { "eyebrow": "Ready to open an account?", "label": "Sign up with Pepperstone", "url": "https://secure.pepperstone.com/register" }, "links": [ { "label": "leverage", "url": "https://thetraderwiki.com/en/glossary/#leverage", "type": "internal" } ] }, { "type": "callout", "id": "provider-warning", "heading": "A well-regulated counterparty doesn’t make the product safe", "url": "https://thetraderwiki.com/en/pepperstone/#provider-warning", "variant": "warning", "label": "Risk warning", "paragraphs": [ "A well-regulated counterparty, the firm on the other side of your trade, protects you only if that firm fails while it holds your money. It does nothing when the price moves against you, and that’s far more likely.", "Read the risk disclosure before opening any account, and read the maximum leverage page for what an advertised ratio really means." ], "links": [ { "label": "counterparty", "url": "https://thetraderwiki.com/en/glossary/#counterparty", "type": "internal" }, { "label": "risk disclosure", "url": "https://thetraderwiki.com/en/risk-disclosure/", "type": "internal" }, { "label": "maximum leverage", "url": "https://thetraderwiki.com/en/maximum-leverage/", "type": "internal" } ] }, { "type": "sources", "id": "sources", "heading": "Sources", "url": "https://thetraderwiki.com/en/pepperstone/#sources", "intro": [ "The original documents this page cites, in the order they first appear." ], "items": [ { "key": "pepperstone-forex-pairs-spreads", "title": "Pepperstone — Forex pairs and live spreads", "publisher": "Pepperstone Markets Limited", "date": "2026-09-14", "url": "https://pepperstone.com/en/markets/forex/pairs-and-spreads/" }, { "key": "fca", "title": "Financial Conduct Authority", "publisher": "FCA", "url": "https://www.fca.org.uk/" }, { "key": "asic", "title": "Australian Securities and Investments Commission", "publisher": "ASIC", "url": "https://asic.gov.au/" }, { "key": "bafin", "title": "Bundesanstalt für Finanzdienstleistungsaufsicht", "publisher": "BaFin", "url": "https://www.bafin.de/" }, { "key": "cysec", "title": "Cyprus Securities and Exchange Commission", "publisher": "CySEC", "url": "https://www.cysec.gov.cy/" }, { "key": "dfsa", "title": "Dubai Financial Services Authority", "publisher": "DFSA", "url": "https://www.dfsa.ae/" }, { "key": "pepperstone-scb-terms", "title": "Pepperstone Markets Limited — Terms and Conditions (December 2025)", "publisher": "Pepperstone Markets Limited", "date": "2026-10-11", "url": "https://eu-assets.contentstack.com/v3/assets/bltd74737b907a31bbb/blt3f0fe9f3a045ffa4/SCB_Terms_Conditions.pdf" }, { "key": "pepperstone-pricing", "title": "Pepperstone — Pricing (maximum leverage by asset class)", "publisher": "Pepperstone Markets Limited", "date": "2026-09-26", "url": "https://pepperstone.com/en/ways-to-trade/pricing/" }, { "key": "pepperstone-crypto-spreads", "title": "Pepperstone — Cryptocurrency CFD spreads and pricing", "publisher": "Pepperstone Markets Limited", "date": "2026-09-14", "url": "https://pepperstone.com/en/markets/cryptocurrencies/spreads" }, { "key": "pepperstone-costs-and-fees-2026-10", "title": "Pepperstone — Costs and fees (global site)", "publisher": "Pepperstone Markets Limited", "date": "2026-10-11", "url": "https://pepperstone.com/en/trading/costs-and-fees" }, { "key": "pepperstone-trading-accounts-2026-10", "title": "Pepperstone — Trading accounts (global site)", "publisher": "Pepperstone Markets Limited", "date": "2026-10-11", "url": "https://pepperstone.com/en/trading/trading-accounts" }, { "key": "fca-firm-684312", "title": "FCA Financial Services Register: Pepperstone Limited, FRN 684312", "publisher": "Financial Conduct Authority", "url": "https://register.fca.org.uk/s/firm?id=001b000000nQHG2AAO" }, { "key": "asic-afs-licensees-2026-10", "title": "ASIC Australian Financial Services licensee dataset, October 2026", "publisher": "Australian Securities and Investments Commission", "date": "2026-10", "url": "https://data.gov.au/data/dataset/ab7eddce-84df-4098-bc8f-500d0d9776d1/resource/d98a113d-6b50-40e6-b65f-2612efc877f4/download/afs_lic_202610.csv" }, { "key": "cysec-cif-88151", "title": "CySEC register of Cyprus Investment Firms: Pepperstone EU Limited, licence 388/20", "publisher": "Cyprus Securities and Exchange Commission", "url": "https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/88151/" }, { "key": "bafin-151148", "title": "BaFin company database: Pepperstone GmbH", "publisher": "Bundesanstalt für Finanzdienstleistungsaufsicht", "url": "https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&institutId=151148" }, { "key": "dfsa-f004356", "title": "DFSA public register: Pepperstone Financial Services (DIFC) Limited", "publisher": "Dubai Financial Services Authority", "url": "https://www.dfsa.ae/public-register/firms/pepperstone-financial-services-difc-limited" }, { "key": "scb-sia-firms-2026-09", "title": "Firms registered under the Securities Industry Act, as at 30 September 2026", "publisher": "Securities Commission of The Bahamas", "date": "2026-09-30", "url": "https://scb.gov.bs/wp-content/uploads/2026/10/SIA-Firms-as-at-30-September-2026-1.pdf" } ] } ], "related": [ { "title": "CFD and forex broker comparison: leverage and platforms", "url": "https://thetraderwiki.com/en/compare-brokers/", "blurb": "Six brokers in nineteen countries, compared on facts you can check yourself." }, { "title": "CFD and forex brokers in the UK compared", "url": "https://thetraderwiki.com/en/compare-brokers/uk/", "blurb": "CFD brokers for UK residents at their FCA-authorised companies: leverage, platforms, funding and crypto." }, { "title": "Offshore forex brokers and CFD companies compared", "url": "https://thetraderwiki.com/en/offshore-brokers/", "blurb": "The global companies behind familiar brands, who regulates them and what their own terms say." }, { "title": "MetaTrader 4 and MetaTrader 5: MT4 vs MT5 explained", "url": "https://thetraderwiki.com/en/metatrader-4-and-5/", "blurb": "What MT4 and MT5 are, how they differ, where to download them safely, and how TradeLocker and cTrader compare." }, { "title": "Is forex and CFD trading safe, legal or a scam?", "url": "https://thetraderwiki.com/en/is-forex-and-cfd-trading-safe/", "blurb": "Legal in most countries, risky everywhere: how to tell a real product from a fraud, country by country." } ], "alternates": [ { "hreflang": "en", "href": "https://thetraderwiki.com/en/pepperstone/" }, { 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