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Pepperstone at a glance
| 🏛️ Based in | Sydney, Australia |
|---|---|
| ⚖️ Regulation | CySEC, FCA, ASIC, CMA |
| 💰 Minimum Deposit | $200 (80000 Naira) |
| 💳 Deposit Options | Crypto, VISA, MasterCard, BitPay, FasaPay, Maestro, Neteller, Skrill, UnionPay, WebMoney, Bank Wire |
| 💳 Withdrawal Options | Crypto, VISA, MasterCard, BitPay, FasaPay, Maestro, Neteller, Skrill, UnionPay, WebMoney, Bank Wire |
| 📌Open an account | Start Trading with Pepperstone |
About Pepperstone
Pepperstone was first established in Australia in 2010. It is now a large, international forex broker with offices in Limassol, Düsseldorf, London, Melbourne, Dubai and Nairobi. It is well-known for offering great trading conditions, superb educational resources, excellent customer service, and a safe trading environment.
Key Benefits
Regulation
Pepperstone is a regulated forex broker. It is regulated by many reputable regulators including the Australian Securities and Investment Commission (ASIC), the UK Financial Conduct Authority (FCA), and the Cyprus Securities and Exchange Commission (CYSEC), the Dubai Financial Services Authority (DFSA), the Federal Financial Supervisory Authority (BaFin), the Capital Markets Authority (CMA) and the Securities Commission of the Bahamas (SCB)..
Fund Safety
Pepperstone does everything possible to keep client funds safe. It keeps client funds in segregated accounts with tier one banking providers. Moreover, it also keeps client funds separate from its own funds. It also offers negative balance protection.
Trading Platforms
Pepperstone has three main trading platforms. These are Metatrader 4, Metatrader 5, and cTrader. All of the platforms are available on Windows and Mac OS for desktop. They are also available on iOS and Android for mobile and tablets, and on its web app, WebTrader .
Instruments – 170+
Leverage – 1:30
Min. volume – 0.01 lots
Max. volume – 100 lots
Currency – USD, EUR, GBP, CHF.
Trading Instruments
Pepperstone has 180+ trading instruments including currency pairs, metals, commodities, and a wide range of major indices.
Account Types
Pepperstone has two main account types – its Razor Account and its Standard Account. They come with the same instruments, leverage, trading volumes, and deposit currencies. They also have swap-free versions. The main difference between the two account types is that they come with different commissions and spreads.
Spreads | Instruments | Minimum Deposit | Max. Leverage | Commission | |
Razor | From 1.1 pips | 70+ | $200 | 1:30 | N/A |
Standard | From 1.0 pips | 70+ | $200 | 1:30 | N/A |
Minimum Deposit
Minimum deposit for any account in Pepperstone is $200.
Deposits & Withdrawals
The main payment methods are Visa, Mastercard, and bank transfer.
Commission
Pepperstone charges commission on CFD Razor accounts for Forex and on CFD Equities trading.
Trading Tools
For new traders, Pepperstone has a Smart Traders Tools package. It includes several different expert advisors. It is designed to help you manage risk, improve your trading strategy, and achieve better results. For experienced traders, Pepperstone also offers several advanced trading tools including API trading and VPS services.
Forex Education
Pepperstone provides excellent educational resources. It offers many online articles and forex trading guides. It also offers a large number of online webinars.
Documents
To open an account, you need to give Pepperstone a primary form proof of ID. This could be a copy of your passport or driving license. You also need to give them a secondary form of ID. This could be a utility bill, a bank statement, a government issued tax document, a birth certificate, or a citizen certificate.
Pepperstone Customer Support
It is easy to contact the Pepperstone Support team. You can reach them via live chat, email, or phone. You can also contact them online by filling in the contact us form on their website.
Conclusion
Pepperstone is a regulated online forex broker with excellent trading conditions. Its strong focus on education and trading support makes it a great choice for new traders. Its trading technology means that it is also a good choice for experienced traders as well.
FAQ
Pepperstone and IC Markets are both good online forex brokers. They both hold licences from reputable regulatory authorities and provide high levels of client fund protection. They also both offer good online accounts and competitive online trading conditions. That said, we do believe that there are many reasons to choose Pepperstone in Kenya. For example, they have excellent forex education and trading resources.
Yes, Pepperstone is a trustworthy forex broker. They are an established company with a global presence. They have licences from numerous reputable regulatory authorities including CySEC. If you’re concerned about your funds, you should know that Pepperstone operates using strict security and client fund protection measures. If you’re concerned about your accounts, you should also know that Pepperstone follows all regulatory requirements regarding fair treatment, fair service, and fair customer support.
Pepperstone broker services are available in many countries. They are an international company serving traders from all over the world. They have offices in Limassol, Düsseldorf, London, Melbourne, Dubai and Nairobi.
The recommended minimum deposit is $200.
Ready to start trading? Open an online trading account with Pepperstone here.