Broker review

Pepperstone Broker Review

Pepperstone is one of the global brokers that provides raw spreads and is ASIC-regulated. This broker also has ECN trading conditions and guarantees the quality of order execution through liquidity from superior banks.

May 10, 2023 adminprog 233 kali

The journey of Pepperstone began in 2010 when Owen Kerr and Joe Davenport came up with the idea to pioneer a new way of connecting retail traders with market-maker banks in the forex market. They successfully worked with 23 top banks, including UBS, JP Morgan, etc., to bring price quotes to investors instantly via fiber optics.

This partnership allows all orders to be executed at Pepperstone 100 percent automatically and without dealing desk intervention. Latency is also low to 0.05 milliseconds and no requotes.

Trading fees at Pepperstone can be said to be super low. Because this broker provides raw spreads starting from 0.0 pips. Experienced traders who like scalping and autotrading, for example, will greatly benefit from the thin spreads and fast execution.

In 2014 the Sydney Morning Herald reported that Pepperstone had become the 11th largest broker in the world (excluding Japan). At that time, Pepperstone had been providing services to around 23,000 clients in various regions, including Asia.

Pepperstone's rise in popularity is not only due to the super tight spreads and fast execution it provides but also because many people are interested in trading with deposits in currencies other than US Dollars. In this case, Pepperstone can be said to be very responsive to the market because it is willing to accept deposits in 11 currencies, namely AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, CAD, SGD, and HKD.

Unfortunately, Pepperstone tends to be stingy with promotions. This broker, which is headquartered in Melbourne, very rarely holds bonuses, promos, or trading contests.

Lihat Juga
News : Pepperstone UK Reports 81% Profit Growth

However, traders at the Pepperstone broker can choose between 11 trading platforms: MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader, cTrader WebTrader, cTrader calAlgo, cTrader Mobile, and TradingView. This incredible number of options may seem confusing to novice traders, but they are actually very rewarding.

The biggest broker in Australia can be one of your choices. Pepperstone provides trading facilities for various assets, including forex, gold, oil, and CFD. In addition, the Pepperstone broker has a strong reputation in terms of security thanks to the license from the official Australian regulator, ASIC.

Broker name	Pepperstone
Broker type	NDD, STP
Website	Click here to visit Pepperstone's official site
Company	Pepperstone Group Limited
Founded on	The year 2010
Headquarter(s)	Melbourne, Australia
Regulators	BaFIN (151148), SCB (SIA-F217), FCA (684312), CMA (128), CySEC (388/20), DFSA (F004356), ASIC (ACN 147 055 703
Customer service	Telephone, Email and Live Chat 24 hours
Website languages	English, Chinese, Thai, French, Arabic, German, Italian, Polish, Portuguese, Russian, Spanish, Vietnamese, etc.
Deposits and withdrawals	Bank Wire, Credit/Debit Card, Skrill, Neteller, BPay, UnionPay, MPESA, POLi
Expert analysis	✔️
Partnership program	✔️
Educational content	✔️

Trading platforms	MT4, MT5, cTrader, TradingView, Webtrader
Trading instruments	Over 1200 types of assets, including forex, gold, oil, and CFDs
Spreads	Super low ECN spreads, starting from 0.0 pip
Minimum initial deposit	200USD
Leverage	1:500 (for Professional Accounts) 1:400 (for Retail Accounts under CMA) 1:200 (for Retail Accounts under SCB) 1:30 (for Retail Accounts under ASIC, FCA, CySEC, DFSA, BaFIN)
Minimum lots	Micro lots (0.01)
Swap-free account	✔️
Hedging	✔️
Scalping	✔️
Expert advisors	✔️
Commission	0 for Standard STP accounts and Islamic accounts, USD3.5 for Razor NDD accounts
Zero spread account	✔️

Lihat Juga
Testimonials : Simply the best broker in the world. Low spreads, fast...

Pepperstone Broker Advantages

Multiple Trading Platforms
Pepperstone offers a choice of 11 different trading platforms. Among them are MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader, cTrader WebTrader, cTrader cAlgo, and cTrader Mobile. Apart from that, traders can also use a variety of additional tools such as Myfxbook, TradingView, DupliTrade, and MT4 Signals.
Liquidity Provided by Top-tier Banks
No need to worry about liquidity when you join Pepperstone. The broker works with leading banks, including UBS, JP Morgan, as liquidity providers. This ECN broker also provides many deposit and withdrawal methods including via bank wire, credit/debit card, and others.
Segregated Accounts Available
Pepperstone ensures the safety of client funds by keeping them in segregated accounts at top Australian banks, including National Australia Bank (NAB). Client funds are segregated from funds for company operations.
Regulated by ASIC
Pepperstone is licensed by the Australian regulator ASIC. Thanks to ASIC regulations, forex brokers from Australia have become one of the favorite choices for Asian traders because of the quality of their services. Including one of Pepperstone.

To apply an account with Pepperstone, you can start from this page.

Lihat Juga
Article : Inside the Pepperstone Pro: What It Really Means to Trade as Professionals

Comments 30

Showing Last 10 Comment |

Rizal

I have been a swing trader for quite a while and I have switched brokers multiple times. In my opinion, Pepperstone is relatively good for swing trading because the swap fees and commission per position are very competitive (quite cheap) in their STP account.

9 Tahun lalu

Midi

I also agree, I have been trading with Pepperstone for about 6 months, and I have been able to profit around 30%. After reaching 50%, I will withdraw, hopefully everything goes smoothly.

9 Tahun lalu

Sora

Hmm, my trading friend referred me to this broker, but I'm still confused, this is an overseas broker, right? Do they have a business license in Indonesia? If we have a withdrawal issue, who do we report it to?

9 Tahun lalu

Rio

بالطبع، في الأساس، فإن الوسطاء من الخارج لا يحملون ترخيص عمل من Bappebti، لكن هذا لا يعني أن عمليات الوسطاء الخارجيين غير قانونية.

على سبيل المثال، الوسيط Pepperstone، هذا الوسيط تم تنظيمه من قبل ASIC (الجهة المعنية في أستراليا)، وبالتالي فإن هذا الوسيط يتبع معايير إجراءات التشغيل التي تم الإشراف عليها من قبل ASIC. لذا يمكنك التداول بأمان وفقًا لمعايير ASIC.

أما بالنسبة لمشكلة السحب، يمكنك الحصول على شهادة شهادته هنا

9 Tahun lalu

H. Lubis

In my opinion, Pepperstone has been providing good service, there's no need to be afraid of foreign brokers. I actually prefer trading with this broker rather than local ones. Because the account spreads and commissions are really competitive (low and cheap).

9 Tahun lalu

Mardi

I've heard that Pepperstone has a good reputation, even though not many Indonesian traders are trading here yet, but I think this broker has potential.

Maybe I'll try a small deposit first, if it's really good, I'll add to the deposit.

9 Tahun lalu

geulis

pepperstone is indeed good, Sir, it is trusted by many traders. The spreads are relatively small and almost never experience requote. It's recommended.

If you want to try serious trading, you might as well use a Razor account, Sir, the spreads can be even smaller. Plus, the Razor account quotes are directly from major LPs, so there's no such thing as requote there.

9 Tahun lalu

Marcus

This broker, Pepperstone, really has no equal. The quality of its market execution is top-notch, even during news releases, there's almost no lag or requote, everything runs smoothly. I truly recommend this broker for both amateur and veteran traders.

9 Tahun lalu

Azil

which trading account to use at Pepperstone? can you trade via mobile?

9 Tahun lalu

Timmo

I came here from the first page of Google while searching for reviews on the Pepperstone broker, and coincidentally this is an Indonesian website, so I might as well ask here.

By the way, which trading instrument from Pepperstone has the highest return? I usually trade gold online, is that available here too?

9 Tahun lalu

sukma

oh yes, I also usually trade XAUUSD on Pepperstone. The profits are really great, and it can be used for scalping too.

9 Tahun lalu

Agus B.

this broker is really the best, pepperstone is indeed worthy for trading because the spread is really low and there are never any requotes, too bad the promotions are lacking so it's less attractive for beginner traders.
Recommend for serious traders, feel free to try their ECN/STP account

9 Tahun lalu

Andita

I agree, bro, pepperstone is one of the ECN/STP brokers with a transparent and reliable liquidity network that is always available. So there's no such thing as re-quote here, at most just slippage of 1 or 2 pips, and it can still be positive slippage, it's really nice overall.

As for promotions, honestly, there's no need to promote too much because pepperstone already has a lot of interest, usually through word of mouth or trading communities. Good stuff sells itself.

9 Tahun lalu

Kandita G.

trading CFD at Pepperstone is awesome, bro, especially for hedging. It's complete from FTSE index, DAX to S&P. When you take a position to buy dollars, you can hedge by going short on S&P, and you can hit TP on both, doubling your profits. It's really great, I swear.

9 Tahun lalu

Karim Tohar

That's right, Sir, Pepperstone broker indeed has CFD trading quality that is on par with its Forex trading. Both have fast execution, no requote, and competitive spreads compared to other brokers. A top choice for CFD traders.

9 Tahun lalu

Raymon

The only one that can beat Pepperstone's spread is IC Markets, both from Australia. The deposit for IC Markets is also the same as Pepperstone, which is a minimum of $200.

I'm confused about the difference between IC Markets and Pepperstone. In the end, I decided that IC Markets is the broker with the smallest spread in the world.

9 Tahun lalu

ochier bandung

I also trade at IC Market... if Pepperstone is indeed better, I also want to switch... but I see that the spread and commission at ICM are smaller $5.5/lot 2 side. net after rebate.

8 Tahun lalu

jemmy

Sorry.. I'm new here.. I want to ask.. for the traders in Indonesia who have successfully made withdrawals.. what's the best way to withdraw? Thank you

8 Tahun lalu

Luqman

kesalahan Privasi web

10 Tahun lalu

Mina

It can happen because your internet is blocked from access. The solution is to follow the steps to unblock access as explained in the yellow box on this review page.

10 Tahun lalu

Angga Artha R.

Does Pepperstone provide special VIP facilities for those who deposit a certain amount of money? If so, what privileges can be obtained?

10 Tahun lalu

Mina

There is, but at Pepperstone it's called the active trader program, not VIP facilities. This is specifically for traders who can deposit a minimum of $25,000 and trade monthly with a minimum of 250 lots, or institutional traders representing certain companies.

The benefits, as far as I know, include account manager services, fund segregation, more comprehensive trading reports, VPS hosting, and trading solutions with advanced technology.

10 Tahun lalu

Dagau

My friend recommended this broker, and after I tried it, their service is quite good. The spreads are really low and the execution is indeed fast, just as they promised. The only problem is that in Indonesia, the IB for Pepperstone is not active yet, so I have to contact Pepperstone headquarters in English. As for withdrawals, until now I can only use the payment portal.

10 Tahun lalu

Peaksummit

There are already many Pepperstone IBs in Indonesia, just try searching again. There might also be IBs now that help with the withdrawal and deposit process through local banks. Just Google it, bro.

10 Tahun lalu

IdealTrade

For me, the ECN Account with floating spreads starting from 0 pips and a commission of USD 3.5/lot sounds quite promising. Compared to other brokers, Pepperstone is indeed very competitive. Unfortunately, it is still not regulated by Bappebti.

9 Tahun lalu

Sekadi

It's tough waiting for regulations from Bappebti; on average, only local brokers can get regulated by them. Even brokers like Oanda and FXCM are still not regulated by Bappebti. What matters, in my opinion, is that the regulation from their home country is already convincing enough, that's all that matters.

For example, pepperstone is already regulated by ASIC, and I think that's already convincing enough, especially if you have partners in Australia.

9 Tahun lalu

ega

I'm interested in trading at Pepperstone because many of my friends say that its ECN account is truly connected to the open market and without re-quote. Plus, the spreads are super low, definitely worth a try.

9 Tahun lalu

Romi

what's important is that Pepperstone also accepts deposits in addition to USD, so coincidentally because I work in Australia I can easily deposit and withdraw in AUD.

9 Tahun lalu

Kadhi

Is Pepperstone's standard account already included in ECN? What's the difference with other accounts? I'm interested in trading at Pepperstone because I got a referral from my friend to try trading at Pepperstone.

9 Tahun lalu

Rio

Pepperstone's standard account is included in STP, slightly different from ECN, especially in terms of liquidity providers. From a consumer perspective, the difference between the standard account and the razor edge account at Pepperstone is mainly in the spread and commission.

The standard account has no commission, but its spread is relatively larger than the razor edge account. Meanwhile, the edge account uses a commission of about US$ 3/lot but has spreads starting from 0.

9 Tahun lalu

Rizal

9 Tahun lalu

Midi

I also agree, I have been trading with Pepperstone for about 6 months, and I have been able to profit around 30%. After reaching 50%, I will withdraw, hopefully everything goes smoothly.

9 Tahun lalu

Sora

9 Tahun lalu

Rio

9 Tahun lalu

H. Lubis

9 Tahun lalu

Mardi

9 Tahun lalu

geulis

9 Tahun lalu

Marcus

9 Tahun lalu

Azil

which trading account to use at Pepperstone? can you trade via mobile?

9 Tahun lalu

Timmo

9 Tahun lalu

sukma

oh yes, I also usually trade XAUUSD on Pepperstone. The profits are really great, and it can be used for scalping too.

9 Tahun lalu

Agus B.

9 Tahun lalu

Andita

9 Tahun lalu

Kandita G.

9 Tahun lalu

Karim Tohar

9 Tahun lalu

Raymon

9 Tahun lalu

ochier bandung

I also trade at IC Market... if Pepperstone is indeed better, I also want to switch... but I see that the spread and commission at ICM are smaller $5.5/lot 2 side. net after rebate.

8 Tahun lalu

jemmy

Sorry.. I'm new here.. I want to ask.. for the traders in Indonesia who have successfully made withdrawals.. what's the best way to withdraw? Thank you

8 Tahun lalu