Pepperstone Forex and CFD assets
Pepperstone is primarily a Forex and CFD brokerage, and therefore its most available trading instruments and assets are currency pairs and CFDs of various assets such as shares, share indices, cryptocurrencies, commodities, and precious metals.
A CFD (contract for difference) is an agreement between the buyer and the seller on the transfer of the difference between the current asset value at the moment of conclusion of the contract (opening position) and its value at the time of the contract expiry (closing position). CFDs are high-risk assets. Up to 90% of new accounts lose money trading CFDs.
Pepperstone Forex pairs
Pepperstone offers a standard set of currency instruments for trading like 62 currency pairs, including 7 major currency pairs, 38 most liquid cross rates, and 17 exotic currency pairs.
Forex trading conditions offered by this brokerage are among the best in the market.
Pepperstone supported currency pairs vs its competitors
| Pepperstone | IC Markets | Fusion Markets | |
|---|---|---|---|
| Supported currency pairs | 62 | 61 | 90 |
Spreads on Standard or Razor accounts, where, e.g., EUR/USD spreads start at 0 pips, and most often range from 0.17 to 0.77 pips.
In Pepperstone Razor accounts, commission charges are added as a trading fee since you will trade with interbank spread quotes starting from 0 pips. There is quite a competitive offering from Pepperstone of $3.5 per lot per 100,000 USD traded under transparent conditions.
The EUR/USD currency pair is the most traded on the Pepperstone platform. Trades with JPY and GBP against the USD are also popular. Clients are offered flexible leverage of up to 1:400.
Pepperstone Fees and Spread Explained| Currency pair | Razor account | Standard account |
|---|---|---|
| EUR/USD | Spreads start at 0.17 pips + a $3.5 fee per lot | Spreads start at 0.6 pips |
| USD/JPY | Spreads start at 0.26 pips + a $3.5 fee per lot | Spreads start at 0.86 pips |
| GBP/USD | Spreads start at 0.59 pips + a $3.5 fee per lot | Spreads start at 1.19 pips |
| Leverage | 1:400 | 1:400 |
Pepperstone-supported CFDs
The Pepperstone brokerage offers a wide choice of CFDs in several markets:
More than 1,000 CFDs on shares, including over 600 shares in the US market, over 100 shares in the UK market, over 200 shares in the Australian market, and around 100 shares in the German market.
The platform offers more than 100 ETFs in the markets of 35 countries.
25+ major US, Australian, Asian, and European share indices.
| CFD | Pepperstone | IC Markets | Fusion Markets |
|---|---|---|---|
| Overall | 1,200+ | 2,000+ | 200+ |
| Shares | Yes | Yes | Yes |
| Metals | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes |
| Energy | Yes | Yes | Yes |
| Indices | Yes | Yes | Yes |
| ETFs | Yes | Yes | No |
| Bonds | No | Yes | No |
Pepperstone index of CFDs
Pepperstone offers 25+ North American, APAC, African, UK and European free-of-charge indices. The conditions are transparent, and there are no hidden payments. Indices may be traded with leverage of up to 1:200. Spreads depend on trading hours. For example, for US 500 Index from 00:01 till 01:00, the spreads are 1.5 pips; from 16:30 till 23:00, they are 0.4 pips; and during other hours, they are 0.6 pips.
The brokerage also offers CFDs on currency indices. The most traded currency index is USDX, which may be traded as a CFD with leverage of up to 1:100. It shows the ratio of USD to the basket of six major currencies: EUR, JPY, GBP, CAD, SEK, and CHF.
| Instrument | Symbol | Contract size | Spreads | Leverage |
|---|---|---|---|---|
| US dollar index | USDX | 100 | 6 | 1:100 |
| Euro index | EURX | 100 | 1 | 1:100 |
| Japanese yen index | JPYX | 100 | 1 | 1:100 |
Pepperstone commodity CFDs
On the Pepperstone platform, users can trade CFDs on raw commodities (30+ assets) such as gold, silver, crude oil, natural gas, etc. The brokerage provides low spreads (starting at 0.05 pips on gold) and good liquidity without partial executions or forced requotes. It’s possible to trade with flexible leverage, which may vary from 1:33 to 1:200 depending on the selected asset.
Commodity spreads and available instruments
| Name | Number of instruments | Minimum spreads | Leverage |
|---|---|---|---|
| Major metals | 5 | From 0.05 pips (for spot gold) to 2.60 pips (for high-grade copper) | From 1:50 to 1:200 |
| Energy | 4 | 2 pips | From 1:33 to 1:100 |
| Soft commodities | 16 | From 0.16 (for cotton) to 10 pips (for lumber and some other assets) | 1:50 |
| Other gold/silver | 7 | From 0.05 pips (for spot gold) to 12 pips (for spot gold) | 1:200 |
Pepperstone cryptocurrency CFDs
Pepperstone offers trading CFDs on major cryptocurrencies (20+ digital assets and counting), as well as margin trading with leverage of 1:5. Cryptocurrency positions are limited to amounts of up to $200,000 in one account. If a condition is violated, the brokerage reserves the right to close access to trading digital assets until the trader rectifies the situation.
All cryptocurrency positions, except for Dash, are available for trading at weekends. It means that traders have more time to profit from speculations on cryptocurrency values.
Cryptocurrency spreads are quoted with reference to the equivalent basic market contract. The latest update of average spreads took place from the 1st till 30th of November 2021.
Pepperstone share CFDs
On the Pepperstone platform, you can compile a portfolio of shares of several large companies (such as Tesla, Apple, Alibaba, etc.) from the USA, the UK, Australia, and Germany. The brokerage guarantees great liquidity and low fees starting at 0.02 USD. Trading is done on the all-inclusive MetaTrader 5 trading platform.
CFDs on shares are a good way to hedge your positions. It’s the opportunity to trade at direct basic exchange prices without additional markups on spreads between supply and demand. In combination with leverage, you can make good money on drops in share prices. Relatively low fees are charged for each trade.
| Share categories | Trading fees | Minimum payments | Leverage for retail trading | Professional margin starts at |
|---|---|---|---|---|
| CFDs on Australian shares | 0.07% | 5 AUD | 1:20 | 5% |
| CFDs on US shares | $0.02 per share | 0 | 1:20 | 5% |
| CFDs on UK shares | 0.10% | 10 GBP | 1:20 | 5% |
| CFDs on German shares | 0.10% | 10 EUR | 1:20 | 5% |
| Hong Kong CFDs on shares | 0.10% | 45 HKD | 1:20 | 5% |
Pepperstone ETF CFDs
The Pepperstone platform offers over 100 ETFs that track general indicators in capital markets in 35 countries and on 6 continents. They track such fields as the mining industry, technologies, energetics, etc.
Trading ETF CFDs with Pepperstone means that users trade at direct basic exchange prices without additional markups on spreads between supply and demand. A small $0.02 fee is charged for each trade.
There are features for automated trading strategies and quality risk management. Trading ETFs with Pepperstone allows users to diversify markets.
FAQ
What assets does Pepperstone offer to trade?
Pepperstone offers to trade basic Forex currencies and contracts for differences in prices. There are CFDs on indices, shares, cryptocurrencies, raw commodities, and ETFs.
Is Pepperstone suitable for Forex trading?
Yes, Pepperstone offers some of the best conditions for Forex trading. Spreads start at 0 pips. Trading instruments include 62 currency pairs (7 major currency pairs, 38 most liquid cross rates, and 17 exotic currency pairs).
How favorable is it to trade CFDs with Pepperstone?
Pepperstone offers a wide variety of CFDs in various markets: over 1,000 CFDs on UK, US, Australian, and German shares. There are also CFDs on indices, raw commodities, and cryptocurrencies.
Is it possible to trade instruments with leverage?
Yes, this brokerage provides features for margin trading. Leverage depends on asset choice and can reach 1:400 for currency pairs and 1:200 for CFDs.
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