Pepperstone Review 2024 | Is Pepperstone a Scam or Legit Forex Broker?
  Join over 3500 happy   users!Find firm   Best firms   Coupons   $

Top alternative : OspreyFX

Is Pepperstone safe? Yes Pepperstone is a safe and secure broker. However, No broker is perfect, and Pepperstone is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to Pepperstone. So which brokers are better than Pepperstone? Want to jump straight to the answer?

View alternatives

Read our Pepperstone review to find out if Pepperstone is a scam or a reliable forex broker. Unbiased Forex brokers reviews that serve the interests of our users.

Pepperstone Review and Analysis


Pepperstone ReviewPepperstone is a Forex and CFD broker headquartered in Australia, offering 156 tradable assets across five different trading platforms. Pepperstone offers a small set of tradeable products but provides forex and CFD traders with competitive pricing and one of the largest selections of third-party platforms, including numerous options for social copy trading.

Investor Protection & Regulations

Pepperstone has a high level of regulatory oversight from the Australian Securities and Investments Commission (ASIC) as well as the UK’s Financial Conduct Authority (FCA).

Fees and Commissions

Pepperstone fees and commissionsTrading costs with Pepperstone come from a mixture of spreads, swaps and commissions with competitive offerings depending on the type of trading account opened.

Trading Platform

Pepperstone trading platformPepperstone offers an impressive array of different trading platforms for Web and Desktop via MetaTrader 5, MetaTrader 4, MetaTrader Web Trader, cTrader and cTrader Web.Pepperstone offers browser-based mobile trading as well as the popular MetaTrader and cTrader mobile trading apps.

Account Types

Pepperstone offers three types of live trading accounts called Razor, Standard and Swap-Free, as well as the use of a free demo trading account.

Deposit and withdrawal

Pepperstone Deposit and WithdrawalPepperstone offers multiple ways for traders to fund their trading accounts such as bank wire transfer, credit card, Paypal, Neteller, Skrill, QIWI and more.


The trading accounts and platforms available offer unique benefits to both beginner and professional traders.

Customer Support

Pepperstone customer supportPepperstone offers 24 hours a day, 5 days a week multiple language support across email, phone and live chat.

Education and Research

Pepperstone offers some trader education through articles, guides and videos on their homepage.

Overall Conclusion – Final Thoughts

Pepperstone provides a competitive and transparent offering that is suitable for both beginner and professional traders across a variety of asset classes.

Broker's Features PEPPERSTONE Availability
Accepts US traders
24 hour trading
Demo account
Daily analysis
Automated trading
Mobile trading
Trading by phone
1st deposit bonus
Forex contests competitions
Bonuses Promotions
Interest charges on the balance
Free education
Expert advisors
Partnership programs
Trust management
24 hour support

Bonuses: Upcoming & Ongoing Competitions and Giveaways

pepperstone default bonus image
$5K Refer a Friend Bonus – Pepperstone

Pepperstone Presents up to AUD $5000 Refer a Friend Bonus – Get rewarded for each of the clients referred. Assist your friends or family to experience a better trading environment. Whenever your referral makes a certain deposit and performs the required no. of lots, you will get a $5000 AUD withdrawable cash reward into your trading account.

Ending Date: Tuesday 31 December, 2024

Terms: Offer is Applicable to All Clients. The Bonus is available for withdrawing

People Also Asked

Is Pepperstone regulated?
Yes, Pepperstone is regulated by top-tier regulators, ASIC, FCA inclusive.
Where is Pepperstone based?
Pepperstone is based in , Australia
How does Pepperstone make money?
Pepperstone charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in Pepperstone account?
With Pepperstone you can deposit money via the following means; China UnionPay, Credit Card, FasaPay, Moneybookers, Neteller.
How do I withdrawal in Pepperstone account?
Pepperstone lets you request a withdrawal of funds from your account via the following means; Credit Card, Moneybookers, Neteller, PayPal, Skril.
What is the minimum deposit for Pepperstone?
Pepperstone has $500 minimum deposit.
What are the available account base currencies with Pepperstone?
Pepperstone trading accounts are offered in AUS, USD, SGD, HKD, JPY, NZD, EUR, CHF, GBP. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Pepperstone?
Pepperstone has a maximum leverage is 1:500 for professional traders.
Does Pepperstone use MetaTrader?
Pepperstone platforms: Yes, Pepperstone use MetaTrader as well as the following platforms: cTrader, MT4, MT5, Zulutrade
What type of broker is Pepperstone?
Pepperstone appears to be a Bank, DMA, ECN, No dealing desk, STP broker which offers market access to a variety of traders.
Does Pepperstone accept US clients?
No, Pepperstone does not accept US clients
Does Pepperstone offers Islamic accounts?
Yes, Pepperstone offers Islamic accounts
What financial instruments can I trade?
You can trade a wide variety of instruments with Pepperstone: You can trade a wide variety of instruments with Pepperstone: Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures

Are you Satisfied with what They Offer?