How to buy/sell on Pepperstone
Pepperstone is an Australian forex broker that also offers CFDs. In 2015, the company opened a London office to better serve its European clients. Pepperstone's German and Cyprus entities will now serve new EU-based clients.
There are seven national regulators overseeing Pepperstone, including three top-tier financial authorities: the FCA, BaFin, and ASIC.
Therefore, if you’re looking for a trustworthy CFD broker, Pepperstone is a great choice. In this article, we talk about how to buy and sell assets on their platform.
Available Trading Instruments on Pepperstone
Pepperstone offers over 1200 instruments across FX, indices, stocks, cryptos, energy and commodities, and more, across three powerful, free platforms.
Forex: Forex is the world's most liquid market. With flexible leverage up to 200:1 and a reliable trading infrastructure, Pepperstone also emphasizes low latency, high-quality execution.
Indices : You can trade 14 major stock markets without the dealing desk, commission-free. CFDs for indexes are transparent, do not carry hidden markups or dealing desks, have low latency, and do not require requoting. Invest in global equity markets with indices, leverage of up to 200:1, and diversify your trading strategies.
Cryptocurrencies: Cryptocurrency CFDs are prone to huge fluctuations in price. With Pepperstone 1, you can trade Cryptocurrency CFDs without needing a digital wallet or an exchange account.
Commodities: A variety of commodities are traded on Pepperstone, including coffee, cocoa, cotton, orange juice, and sugar. No commissions are charged on products such as gold, silver, platinum and palladium. When market cycles and inflation occur, precious metals can be a useful asset to diversify your trading strategy.
Platform and Features
MetaTrader 4
Take advantage of the world's most popular trading platform on your phone, tablet, or desktop, and trade the way you want to. With live quotes, real-time charts, in-depth news and analytics, MT4 enhances your trading experience.
Adapt the platform to your trading style
Use MetaQuotes Language 4 (MQL4) to build and run your EAs
With Autochartist, you can identify statistically significant market movements
The Smart Trader Tools provide access to 28 indicators and EAs
There are thousands of other online tools you can use with MT4
With 85 pre-installed indicators, you can gain greater insight into market trends using the desktop application
For more robust Expert Advisors, backtesting is available
Trade without intervention 24/5 with automated trading
MetaTrader 5
With MT5, you can now hedge your positions, place advanced pending orders, and take your trading to the next level with faster processing times. It’s an enhanced version of MetaTrader with greater functionality.
A simpler interface
MQL5 is easier to code
Customization of advanced platforms
There are 21 different timeframes
Expert advisors and indicators are processed more efficiently
Autochartist and Smart Trader Tools are available
Hedging capabilities
A total of 38 indicators are included
cTrader
With cTrader, you're able to easily enter and execute trades and customize their code, as well as take advantage of plenty of education and analysis tools to improve your trading skills.
The perfect introduction to trading for those who are just starting out
Simulates institutional trading environments, including depth of market
With advanced cTrader features, you can control how orders are filled
The ability to manage risks and place orders in an advanced manner
Open APIs and C# coding
A more efficient way to process expert advisors and indicators
cTrader Automate (formerly cAlgo) platform customization software
How Much Does It Cost to Trade on Pepperstone?
When you trade FX on a Razor account, you'll pay a commission. Commissions for MT4/5 depend on your account currency and lot size.
Razor accounts on the cTrader platform charge commissions based on 7 units of the base currency per lot.
Trades made on a Standard account don't incur commissions, but the raw spreads are marked up by 1 pip.
Pepperstone Fees and Spread ExplainedHow to Start Trading with Pepperstone
A demo account is an excellent way to practice trading strategies in a risk-free environment if you are new to trading.
Here’s how to set up a demo account on Pepperstone:
You can access the Demo tab in the Account section by logging into your secure client area. Opening a new demo account is as simple as clicking the blue plus symbol (+) and choosing your preferences. Then, they’ll send you an email to confirm the new account details. After that, you can get started trading.
If you want to begin live trading on Pepperstone, here’s a quick step by step:
Sign up for a live trading account. To create an account, enter your details and choose a password.
Take the appropriate test. The purpose of this short questionnaire is to determine whether you are suitable to trade derivative products. Answer seven simple questions and you'll get your results instantly.
Verify your ID. You may be required to provide proof of your identity depending on your country of residence, so be prepared to provide your identification documents.
Fund and trade. After your application has been approved, you can log in to your account and fund it.
Let's Do an Example of How to Trade on Pepperstone
MT4/5 offers the option to open a position by simply clicking the New Order button from the Toolbar section at the top. Additionally, you can right-click anywhere within the Trade tab of the MT4/5 terminal and choose New Order from the menu.
Enter the trade details in the Order window and click the red Sell by Market button to open a short position, or the blue Buy by Market button to open a long position.
In cTrader, you can create a new order by selecting the 'New Order' button at the top of the platform or by selecting the 'Positions and Orders' window. Enter the position details in the 'Create Order' window and select 'Place Order' to open a trade.
FAQ
What's the main difference between Pepperstone Razor and Standard accounts?
Since all fees are included in the spread, many clients consider the Standard account to be a simpler alternative to the Razor account. Traders who trade in particular ways, like scalpers or algorithmic traders, may benefit from Razor's lower cost setup.
Is Pepperstone a trusted broker?
Pepperstone is considered a low-risk broker. In addition to not being publicly traded and not operating a bank, Pepperstone is regulated by two tier-1 regulators, two tier-2 regulators, and one tier-3 regulator.
Can I buy crypto on Pepperstone?
With Pepperstone, you can trade Crypto CFDs, such as Bitcoin, Ethereum, Dogecoin, Solana, and Avalanche, which are some of the most popular cryptos.
Is Pepperstone good for scalping?
With Pepperstone's Razor account, scalpers can access raw spreads from 0.0 pips with a commission. In this way, scalpers can enter and exit positions at a lower cost if they make frequent trades.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.