Information about Pepperstone Company
Pepperstone is an Australian broker licensed by ASIC, the Australian regulator. The ASIC license is recognized worldwide but only covers the broker’s activities in Australia.
Main Features of Pepperstone
- Spreads from 0 pips
- Maximum leverage up to 500:1 in the Forex market
- 24/5 multilingual support via phone and chat
Available Platforms
You have a choice between MetaTrader 4 and its enhanced version MT5. MT5 improvements include faster processing, handling of pending orders, and overall extended functionality.
Over 150 Trading Instruments
- Forex trading
- Commodity futures
- CFDs on stocks and indices
- Cryptocurrency trading
Types of Accounts
Pepperstone offers two types of accounts for the Forex market: Standard and Razor. The differences between them are presented in a table for easy selection.
Account Opening Conditions
- Completion of a survey
- Filling out an application
- Submission of required documents, including identification
Deposits and Withdrawals
Pepperstone has restrictions on transfers to third parties; withdrawals are only made to the bank account of the same person as the trading account. Withdrawal fees are paid by the client, with an average fee of 20 Australian dollars, and withdrawals are processed within 3-5 business days.
Depositing funds is simpler and can be done through various payment systems offered by the broker depending on the client’s country of residence.
Conclusion
Pepperstone is a reliable broker with official regulation providing clients with protection. However, full protection is available only to residents of Australia.
Marius
Pepperstone is a reputable broker with a wide range of trading options, but their customer service responsiveness could be improved.