Pepperstone Review 2021

Pepperstone Review 2021

Davis J.
Robertson A.
March 2021
Analysis of the Main Features of the Forex Broker

6.45

Overall rating

6.24

/10

Execution of orders

6.66

/10

Investment instruments

6.3

/10

Withdrawal speed

6.6

/10

Customer Support work

6.08

/10

Variety of instruments

6.82

/10

Trading platform

45

Position
in rating

Trading terminals:

cTrader MetaTrader4
MetaTrader5
45

Position in rating

6.45/10
Overall rating

Trading terminals:

cTrader MetaTrader4
MetaTrader5

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of Pepperstone Trading Company

Pepperstone (Pepperstone.com) was founded in 2010 in Melbourne, Australia, by professional traders who were not satisfied with the quality of services provided by most brokers. The founders decided to avoid many of the disadvantages of competitors, including high commissions, delayed execution of orders, etc. They also focused on improving the technical component. The company has set itself the goal of changing the “rules of the game” and setting the bar high for online trading. Today, the broker provides clients all over the world with some of the best technological solutions and favorable trading conditions. The company also provides professional tools that help not only master trading as a type of activity, but also significantly increase the efficiency of trades. Pepperstone is regulated by ASIC (Australian Securities and Investments Commission) and FCA (UK Financial Conduct Authority). Clients' assets are held in aggregated accounts with major banks. These facts confirm the reliability of the company and guarantee the safety of the client's capital.

Attention!

If your account is not opened through the Traders Union, to receive a reward from our Union, please submit a request to the broker's support service via an email to [email protected], indicating that you intend to work through tradersunion.com/ru. Affiliate code - 13946.

👍 Advantages of trading with Pepperstone:

  • attractive trading conditions;
  • fast order execution - 30 ms on average;
  • 150+ trading instruments.

👎 Disadvantages of Pepperstone:

  • support service works only 24/5;
  • no cent account;
  • few opportunities for passive trading;
  • the minimum amount to enter is $200;
  • There are few analytical materials on the site. The only way to resolve this issue is to connect to trading signals;
  • no news section;
  • On a demo account, you can trade for free for one month only.

Overall

Pepperstone is suitable for novice market participants and professional traders. In general, the broker has everything you need for comfortable trading such as favorable conditions, reliability, a wide selection of trading instruments, and a high-quality educational section.

Visit Pepperstone

Pepperstone Latest Comments for 2021

9
2
4

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Pepperstone published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I was unable to open an account with this broker. They have introduced some compliance tests that must be passed before opening an account. In this test, some incomprehensible questions cannot be answered, and then they conclude to open or not open an account. When I opened an account with this company for the first time, there was no need to go through testing because they need to recruit as many new inexperienced clients as possible. It is on this testing that conclusions are drawn.

I have been working for 18 months, so far I have only withdrawn profit two times. There was simply no need for money. But so far, there are no complaints. It is a great company, I am in my 2nd year, and there is a choice of other platforms. There are commissions only for a deposit, and withdrawals are commission-free! I have been trading like a real ace. Kudos to Pepperstone and their one-of-a-kind trading platform.

The company is jaw-dropping. Of course, it cannot operate without some slippage, but this seems to be the norm for most ECN brokers. The main thing is that they do not go off the scale, and there were many problems with the documents at once, but fortunately, they helped me deal with the problem. As for withdrawals, there are delays of 2-3 days. The spreads are relatively low, even taking into account the commission for the volume. It is what a scalper needs. In general, I have been working with them for over a year now, and there are no particular complaints, a worthy broker. If anyone has any questions about the broker's work or about opening an account and the necessary documents, do not hesitate to write to the support.

I started trading in December, things were going well, the balance was growing, and when I wanted to withdraw the money, the Pepperston broker failed to do it in time. And I desperately needed money. I was offended by this attitude because they promised that the conclusion was timely, but it turned out that it was not. The result was detrimental to me. Hence, I have to leave a negative review about this company. I wanted to withdraw funds. So far, only half of the amount equal to the first replenishment has been returned. Now I received a notification that they debited the same amount from my bank account without my knowledge. I do not recommend working with this broker!

One of the best ECN brokers that fully fulfills its obligations. Before working with Pepperstone, I often noticed that dishonest brokers draw quotes in MT and shift them conveniently. I did not notice this here. Moreover, if anyone is afraid of this, then feel free to choose cTrader. They will withdraw the requested amounts promptly. I am delighted with the function of transferring from broker to broker. The spreads are relatively low, even taking into account the commission for the volume. It is what a scalper needs. A very worthy broker, I will say so!

Since I am new to trading, they have created a whole training section on the Pepperstone website that allows you to understand the intricacies of trading on the platform quickly. I was presented with detailed information on how the Forex market works. You can also familiarize yourself with the basic terminology that is important for investors to know. Besides, here, you can learn how to work with basic trading instruments and understand the basic principles of technical analysis.

In the training section, I found subsections dedicated to trading in precious metals, particularly gold. You can find answers to the most frequent questions that users have. I am happy with everything.

For the convenience of using trading tools and the ability to track market statistics in real-time, I worked on the MetaTrader 4 platform. MT4 is considered one of the most advanced platforms that have an impressive toolkit, is distinguished by maximum process automation, broad analytical capabilities, and fast order execution. It is perfect for experienced traders as well as beginners like me. The platform has a clear and relatively functional interface. It is equipped with various analytical tools, making it convenient to monitor and analyze your operations.

2 3 >

Expert Review of Pepperstone

The Pepperstone broker (Pepperstone.com) is noted by the members of the Traders Union as a fairly stable company with favorable conditions for trading currency pairs and CFDs (contract for differences).

Pepperstone.com offers a demo account as well as two types of live accounts (Razor and Standard) with different conditions. All customers are protected from negative balances, which is another argument for security.

Pepperstone can arouse interest among novice traders, even with minimal trading skills, as it provides the ability to auto copy trades, which can provide a good passive income for everyone.

Experienced traders can also appreciate the conditions offered by the broker, as well as a wide range of financial instruments. It is represented by over 150 trading units, including a variety of contracts and currency pairs.

The company provides the opportunity to use various trading strategies, whether it is news trading or scalping, manual trading, or advisor-aided trades. All this makes the broker very attractive to clients worldwide.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of the Forex Broker

6.45

Overall rating

6.24

/10

Execution of orders

6.66

/10

Investment instruments

6.3

/10

Withdrawal speed

6.6

/10

Customer Support work

6.08

/10

Variety of instruments

6.82

/10

Trading platform

Dynamics of the Popularity of Pepperstone
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Geographic Distribution of Pepperstone Traders

Investment Programs, Available Markets and Products of the Broker

Pepperstone is a great option for those who want to combine active manual trading and trading with expert advisors. Unfortunately, there are no investment programs such as trust management. But social trading is provided, which allows you to receive trading signals from experienced market participants and auto-copy trades. As a result, both professionals and novice traders remain in the black. 

The lack of options for investing capital to obtain passive income in their more familiar format for many PAMM accounts is compensated by a variety of trading assets. So, traders can trade currency pairs as well as futures. 

Besides, the broker offers lucrative affiliate programs that allow almost everyone to develop in their chosen direction.

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

Pepperstone affiliate program

  • Affiliates is a customer acquisition program suitable for internet marketers, SEO professionals, large web resource owners, or bloggers. The site or other platform should not be thematically relevant to the field of the company’s activity. The main task of an affiliate is to attract customers. For each attracted client under the terms of the program, the affiliate has the opportunity to receive up to USD 400. Naturally, as the flow of customers increases, so does the amount of profit.

  • Introducing Broker (IB) - the program provides a reward of up to 55%. The representative has access to a unique system that allows real-time tracking of conversion and trade volume. The partner receives the support of a professional conversion team. The term for calculating remuneration in the form of a commission for clients is unlimited.

  • Professional fund managers - a program for qualified professionals with at least three years of experience in this field. Having a regulatory license is an obligatory condition for applying for participation in the affiliate program and conducting business.

 Due to the variety of affiliate program options, everyone can choose the best option for themselves that matches their skills. The programs allow you to make a profit from trading even without performing trading operations yourself.

Rebate and Discount Programs of the Traders Union for Pepperstone

For each transaction in Pepperstone.com, regardless of its result, the Traders Union pays a daily compensation (rebate), which the client can withdraw immediately. For the client, the terms of cooperation with the selected broker remain unchanged. The only difference is that by cooperating with the Traders Union the trader will receive additional funds.

So, for each trade performed by a trader, the Traders Union will pay a rebate in the amount of 80% of the brokerage company's income per lot:

Information

Razor - $1.00; Standard - $4.00.

Example. You trade EUR/USD currency pairs by opening a 1 lot deal once a day. The pip value for 1 lot is $10. The spread is 1 pip. If you worked directly with Pepperstone, the daily cost of the spread alone would be $10. The Traders Union receives from the broker $4 on a Standard account type while paying the trader a rebate of 80%. The amount of compensation in this example will be 4 x 0.8 = $3.2 per 1 lot. Thus, a trader working with a broker through the Traders Union spends only $6.8.

Try it!  You’ll like this!

Trading Conditions for Pepperstone Users

Pepperstone is distinguished by favorable trading conditions. The minimum trade volume is 0.01 lots, and spreads start at 0.0 pips. Also, the broker offers over 150 different trading instruments. Trade orders are executed quite quickly - in 30 ms on average. The ability to auto copy trades is provided.

$200

Minimum
deposit

1:500

Leverage

24/5

Support

cTrader MetaTrader4
MetaTrader5
Trading platform: cTrader, MetaTrader 4 and MetaTrader 5
Accounts: Razor, Standard
Account currency: AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD and HKD
Replenishment / Withdrawal: Visa, Mastercard, bank accounts, PayPal, Neteller, Skrill, Coin
Minimum deposit: US$200
Leverage: Up to US$500:1
PAMM-accounts: No
Min Order: 0.01 lot
Spread: from 0.0 pips
Instruments: Forex, Cryptocurrency, Index CFDs, Stocks, Currency Indices, Commodities
Margin call/Stop Out: 90% / 20%
Liquidity provider: Barclays, HSBC
Mobile trading: Yes
Affiliate program: Yes
Orders execution: Instant (30 ms)
Trading features: Trading using advisors, auto copying, scalping, hedging, and trading on the news are allowed.
Contests and bonuses: Yes

Comparison of Pepperstone with other Brokers

Pepperstone FxPro XM Group Admiral Markets UK AvaTrade FXTM
Trading
platform
MT4, MobileTrading, WebTrader, cTrader MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MT4, MT5, MobileTrading, WebTrader
Min deposit $200 $100 $5 $200 $100 $1
Leverage From 1:1
to 1:400
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:1
to 1:1000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 0 points
Level of margin call
/ stop out
90%  /  20% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10% 40%  /  20%
Execution of orders Instant Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution Market Execution, Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes Yes

Broker comparison table of trading instruments

Pepperstone FxPro XM Group Admiral Markets UK AvaTrade FXTM
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes No
Crypto Yes Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF Yes No No Yes No No
Options No No No No No No

Pepperstone Commissions & Fees

Information

This broker has been checked by our professional analysts for trading and non-trading commissions. The company's spread was considered as a trading commission and in the category of non-trading commission additional fees for withdrawing funds were regarded.

Account type Spread (minimum value) Withdrawal commission
Razor From $0 No
Standard From $10 No

We also performed a comparative analysis of trading commissions at Pepperstone with competitors. Based on the comparison, each brokerage company was assigned a level for this criterion: low, medium, or high.

Broker Average commission Level
Pepperstone $5 Low
FxPro $13.2 Medium
LiteForex $18 High
Pepperstone
$5
FxPro
$13.2
LiteForex
$18
Conclusion

Pepperstone offers very low market spreads compared to its competitors. Moreover, part of the commission can be reimbursed by a rebate from the Traders Union.

Detailed Review of Pepperstone

The Pepperstone brokerage company offers clients the popular MetaTrader 4 and 5 platforms. You can also use a terminal called cTrader. It is used for trading robots, creating personal advisors, and technical indicators.

The company is controlled by the Australian Securities and Investments Commission and the UK Financial Conduct Authority. This fact confirms that Pepperstone is reliable. Thus, a trader who cooperates (i.e., works) with this broker will find it beneficial and safe to do so.

Pepperstone is a suitable broker for both novice and experienced traders

Pepperstone is a live account broker with $200 starting capital. The client who makes a deposit gets access to trading operations with a variety of assets, the number of which exceeds 150.

The company allows using various strategic models, such as: scalping, news, medium- and long-term, and intraday trading. The client can trade manually or use robots. It also provides the ability to copy trades automatically. This allows you to receive passive income. When auto copying, you need to choose an experienced trader and subscribe to his trading operations. The positions opened and closed by a professional will be automatically carried out on the subscriber's trading account.

The order execution time is 30 ms on average. This is another attractive feature of the company. You can trade from anywhere, because the terminals provided by the broker also have mobile versions adapted for devices based on iOS and Android.

The broker provides few analytical tools. There is an economic calendar, which makes it possible to track news affecting the volatility of certain financial instruments. The trader can also set indicators for technical analysis of the market situation. You can subscribe to trading signals.

The brokerage company Pepperstone provides the following useful services:

  • Autochartist - removes market noise: displays currency pairs, as well as data intervals and indicators of important market events;

  • VPS hosting - allows you to trade around the clock and without interruption, regardless of the quality of the internet connection.

Advantages:

1

controlled by two regulators;

2

attractive trading conditions;

3

more than 150 trading instruments: trading in Forex currency pairs and CFDs on stocks. Cryptocurrencies are available;

4

protection against negative balance (gap) - will not allow the trader to drain the deposit;

5

you can trade with advisors. This makes it possible to use all the advantages of automatic trading systems;

6

hedging is allowed, which reduces risks;

7

scalping is allowed;

8

social trading is available;

9

trading on the news is allowed.

How to Start Making Profits — Guide for Traders

‌Pepperstone offers 2 types of accounts. The replenishments are available in currencies such as AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD. Regardless of the selected account type, the minimum order size is 0.01 lot. The minimum start-up capital is $200 or the equivalent.

Account types:

Account Type
Description
Razor
The spread for the EUR/USD pairs varies from 0.0 to 0.8 pips. The broker’s commission starts from AUD 7 for every 100,000 traded. Suitable for scalping;
Standard
The average spread for the EUR/USD pair is between 1.0-1.3 pips, with no commission. This is suitable for novices.

In addition to real accounts, a demo version of a trading account is available to clients. There is no need to replenish the deposit on the demo account. It will provide an opportunity to master the software, learn the process of making trades, and test trading strategies.

Pepperstone provides clients with MT4 and MT5 terminals as well as cTrader. A trader can trade using the desktop version of the software. Mobile versions for Android and iOS are also available.

Bonuses Paid by the Broker

Active trader

Members of the program are paid a daily rebate, which allows them to offset part of their costs. The amount of the rebate depends on the number of trades performed by the trader per month. The rebate for one currency lot is 15%. What’s more, active traders get priority support and free VPS hosting.

Bonus from Traders Union

A rebate from Traders Union allows you to save on commissions for conducting trading operations. To use the bonus, you need to register and then go to the website of the broker Pepperstone using the referral link. As a result, the Traders Union will pay the trader to compensate for the spread every day. Existing Pepperstone clients can find all the necessary instructions on how to link an account to the Traders Union account here.

Investment Education Online

Information

The Pepperstone.com website has a tutorial section that contains the basic information necessary to understand the trading mechanism. Also, the trader can learn the basic terms and the process of market analysis. This will help you quickly get used to trading, as well as increase the efficiency and efficacy of your trades.

Information available in the Education section
Information not available at the Pepperstone site
How Forex trading works
News section
10 trading terms you need to know
Training videos
Technical analysis
 
Fundamental analysis
 
Risk management
 

For the practical application of the theoretical knowledge gained on the Pepperstone website, the company's specialists recommend opening a demo account. And after training on a demo account, you can start trading in the real market.

Security (Protection for Investors)

Information

Pepperstone is regulated by ASIC and FCA. This ensures the transparency of the company.

The Pepperstone broker conducts financial activities strictly by its own regulations and regulatory requirements. It is a guarantee of clearly defined rights and obligations, as well as the safety of assets.

👍 Advantages

  • Client assets are held in segregated accounts with major banks
  • Negative balance protection
  • Dispute resolution is carried out with the involvement of an independent person
  • If the broker, due to circumstances, is unable to provide additional financial services, its clients will receive compensation

👎 Disadvantages

  • Regulators do not consider claims for moral damages

Withdrawal Options and Fees

  • You can withdraw funds to Visa and Mastercard bank cards, as well as bank accounts. The withdrawal is available to electronic wallets, PayPal, Neteller, Skrill, as well as Coin.

  • The processing time of the application depends on when it was sent: if it is sent before 21:00 (GMT), then it will be accepted the next day. If the application was submitted before 07:00 (AEST), then it is considered on the same day.

  • Funds can only be withdrawn to bank accounts opened in the same name as the trading account with the broker.

  • The company does not charge a withdrawal fee, but banks may. The average commission is AUD 20.

  • Funds withdrawn to a bank account take 3-5 business days. Money is withdrawn to bank cards and e-wallets faster.

  • Withdrawal time is approximate and may be increased.

Customer Support Service

Information

The company's support service is ready to answer customer’s questions and help traders 24/5.

👍 Advantages

  • Many options for communication
  • Multilingual support
  • The site has a FAQs section with answers to the most popular questions
  • You can ask a question without being a client of a broker

👎 Disadvantages

  • Does not work on weekends

There are several ways to contact support:

  • directly by the phone numbers indicated on the website;

  • by email;

  • in the online chat on the broker's website.

Support is available from the Pepperstone website and from your personal account.

Contacts

Registration address 1300 033 375 Level 16, Tower One, 727 Collins Street Melbourne, VIC Australia 3008
Regulation
Contacts

Review of the Personal Cabinet of Pepperstone

You can start working with the Pepperstone broker using your personal account. To do this, you need to do the following:

1

You can enter your Pepperstone personal account from the main page of the broker's website. To do this, you just need to click "Personal Account" in the upper right corner of the screen.

Pepperstone Personal Cabinet
Pepperstone Personal Cabinet
Pepperstone Personal Cabinet
2

You can log in using your email address and password. You can also use your Google, Facebook or Linkedin accounts for authorization.

Pepperstone Personal Account - Authorization
Pepperstone Personal Account - Authorization
3

If an account has not been opened yet, then you must click on "Open an account" in the upper right corner of the site page. Linking to Google and Facebook will be available for individuals. The registration procedure is standard: you must indicate the type of account, country, email address, and enter a password. You will also need to confirm the password by re-entering. After filling out the form, you will need to go through an identity verification.

Pepperstone Personal Account - Opening of an account
Pepperstone Personal Account - Opening of an account

After the data verification is completed, you can deposit funds to the balance and start trading by choosing any trading terminal and financial instrument from the available ones.

In addition, in your personal account on the Pepperstone.com website you can:

  • trade statistics;

  • use statistics to assess the effectiveness and profitability of affiliate programs;

  • take advantage of educational information;

  • review the history of trading operations and the deposit and withdrawal of funds;

  • use support services for professional advice;

  • balance funds by way of replenishments;

  • withdraw funds;

  • access the economic calendar.

Tags:

pepperstone pepper stone pepperstone broker pepperstone com pepperstone forex Pepperstone Pepperstone Financial Ltd

The Oldest Reviews of the Pepperstone

The reviews by customers of the Pepperstone indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Pepperstone published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I opened an account with Pepperstone in May 2015. It was an Edge Razor account. The target for this account was intraday trading on short time frames - mainly on MT5 and MT5. I chose the company for several reasons: ECN broker, low margin requirements (even for CFD instruments, and I was interested in gold and some indices with low spreads. But the main reason for joining was I wanted to trade on cTrader. I liked this terminal during testing, and as a result, it became a fantastic and high-quality alternative to the boring MT4. You can generally have two trading accounts, one on cTrader, the second on MT4. Transferring funds between accounts are carried out within one minute.

During two years of working with Pepperstone, I have never regretted our partnership. During this time, I have never even applied for support because I did not have a single reason. The terminal is very user-friendly and free of glitches. I remember some of the problems with reinstallation, but these are more technical issues.
I went through verification immediately after registration, and the funds were transferred through the card.

As for the disadvantages, I found two disadvantages, one of which is quite significant.

The main disadvantage is you can withdraw funds back to your bank card only in the amount of the replenishment amount. Anything over the top-up amount (your earned profit) or vice versa, everything below this amount (account balance after losses) must be withdrawn only by bank transfer, which costs 20 AUD (~ 14.8 USD) commission. If I'm not mistaken, this rule applies to a bank card and other payment systems, like Skrill and Netteler.

The second disadvantage is the high spreads on indices. In particular, it is not possible to trade US$500 (S & N500) and other indices intraday.

Overall, Pepperstone comes across as a quality ECN broker. I highly recommend trying to trade on cTrader, and this platform was developed specifically for trading using ECN and STP technologies.

Before you start trading financial assets for real money, you can practice on a demo account. It helped me earn money. Just select the type of account you need and register on the site. It is done quickly and easily. There is nothing better than practicing your trading strategies. The broker's trading terminals are adapted not only for desktop PCs but also for smart devices and with laptops. Pepperstone mobile platforms run on Android and iOS. The broker always strives to provide a professional and transparent trading environment. The company's work is based on the uniqueness of trading platforms, innovative financial instruments, and the superiority of conditions for trading in the Forex market.

Pepperstone has an easy-to-use and intuitive interface, as well as prompt execution of orders. A user-friendly platform is a unique tool for trading in the Forex market, and more than 50 currency pairs are available to users. As for me, they have the best trading conditions. There is everything necessary for traders to be successful in the Forex market. I can trade financial assets quickly and securely over the internet, mobile app, or desktop.

The company gave me a real opportunity to make good money. It is a great broker with favorable working conditions. Here is the informative pepperstone.com website. One of the significant advantages of Pepperstone is I can work through the WebTrader web terminal, which has almost the same functionality as the MT4 platform. Also, the platform has several licenses, which confirms the transparency of its work. Transparency is imperative.

This broker provides traders with the opportunity to work with the latest iteration of platforms. MT4, MT5, and cTrader are equipped with a wide functionality that allows the player to analyze the foreign exchange market in detail and conclude profitable transactions.

For me, Pepperstone remains one of the trusted companies today. However, due to the heavy load, system failures have become more frequent. The company is interested in its reputation and does everything to ensure that customers trust it.

The company does not charge a commission for the replenishment of an account. And this is a big plus since I have something to compare this with. I have tried many companies. However, the commission for the transfer of funds may be provided by the bank or the payment system through which the funds are transferred. Withdrawals can be made to the card or via bank transfer. When withdrawing to a payment card, the bank account must be in the same name as the platform's account. Usually, if the application is left before 21:00, the withdrawal of funds to the card is made on the same day. Bank transfer is carried out within 1-3 days. However, the company notes that withdrawal times may increase with a large load. Payment of fees charged by banks is the responsibility of the user.

They have a pretty cool mobile application that allows you to track changes in the foreign exchange market online. The programs have all the necessary tools to conduct transactions without access to the platform's full version. A simple interface, colorful charts, and simple asset management allow you to track Forex changes while on the go. I am insanely happy. Also, Pepperstone, like many other brokerage companies, strives to attract more and more new users.

I like the opportunity to try my hand at a demo account. It is a huge plus since I'm a beginner. The positive aspect of this Forex project is the possibility of opening a demo forex account. It is especially important for those traders who do not have sufficient trading experience.

Up to $50,000 of virtual funds are provided for use. You can open a demo account by registering in the system via email or using an account on some social networks.

Author of this Review

Pepperstone broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the Pepperstone rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Pepperstone you need to go to the broker's profile.

How to leave a review about Pepperstone on the Traders Union website?

To leave a review about Pepperstone, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Pepperstone on a non-Traders Union client?

Anyone can leave feedback about Pepperstone on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with Pepperstone through Traders Union?

Because you will receive additional payments from Traders Union every day while all other functions on your chosen trading platform remain the same.