Pepperstone - Forex Broker information, rating, reviews

Pepperstonehttps://pepperstone.com/
Status
Regulation ACN 147 055 703, AFSL No.414530
Trading software MetaTrader4
Headquartered Level 3, 27 - 31 King Street Melbourne VIC 3000 Australia

Pepperstone Financial is a forex broker providing advanced trading solutions suitable for experienced traders and at the same time simple enough for the novices in the currency markets. Pepperstone helps retail investors in using trading currencies as an asset class and part of their investment tools meanwhile providing a trading software with access to market data and customer support. Pepperstone provedes straight access to several destinations of liquidity in the financial markets without the common burdens of a deal desk. The company was established in 2010 by a professional management-team with decades of experience in the currency trading and technology industries. The company's main office is located in Melbourne, Australia.

Pepperstone trading information

WWW https://pepperstone.com/
Address Level 3, 27 - 31 King Street Melbourne VIC 3000 Australia
Headquarters Melbourne
Free phone +61 3 9020 0155
24 hour support
Trust management
Partnership programs
Expert advisors
Free education
Forex contests, competitions
Mobile trading
Automated trading
Daily analysis
Demo account
24 hour trading
Accepts US traders
Scalping
PAMM
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors 2-3
Spread Type fixed
Leverage 100:1
ECN, $ 500
Standard account, $ 100
Mini account, $ 100
Popular payment methods Credit Cards, WebMoney, Wire Transfer
Account currencies USD, EUR, GBP, CHF, JPY
Other instruments gold, silver, binary options, futures
Languages English
Platforms MetaTrader4
Broker type
Regulation ACN, AFSL
Foundation 2010
Copy Trading Brokers
Pepperstone named 26th Fastest Growing Company in Australia by BRW Magazine Fast Starters List 2013

Australian FX Broker the highest ranked Financial Services firm in the list of high-growth companies...

Forex brokers news
Pepperstone latest reviews

Do not make the mistake I made by not confirming "maximum spread"! Ask pepperstone for their maximum spread for each pair you want to trade and make sure they email it to you in writing. Pepperstone spread can go as high as 50pips for GBP pairs etc but they don't tell you that on their website they just tell you the minimum and average spread (the average spread is even questionable). Most people stoploss are below 50 pips this means your stoploss can be activated by the spread alone and your take profit (for sell position) can be pushed 50pips away due to spread manipulation from the company. Hence, the reason majority of traders lose money. Spread is one of the major tool used by companies like Pepperstone to swindle their clients. If you complain they will say it's due to low liquidity. In my case they say it's due to low liquidity caused by bank holiday but then I responded "The spread has reduced back after my position closed but we are still in bank holiday" they didn't know what to respond but said "I agreed to their terms and condition." I have told the company I will let people know about their dishonesty and they should be transparent enough to publish their maximum spread for each pair on their website, so they can be held accountable when they deviate from it. My advice is "do not fund your account or trade if your not provided in writing the maximum applicable spread. note without maximum, it means the spread can be increased to infinity. Therefore you can be wiped out anytime no matter how good your entry position". Be wise!

Chima   24 December, 2018  

The platform sucks. The spread does not work according to the spread stated on their website. I was trading indice on their platform. Comparing with investing.com, when market is opened, the spread is 10 points differences. When market is closed, the spread is 20 points difference. Never trust this platform and all MT4 platform! They are there to suck your money.

M.T.J   28 December, 2017  

Poor customer service! I had an IT fault in my client area page and they didn't respond to my ticket for 5 days! I contacted them 6 times and each time they were sorry and promised me the problem will be solved by end of the day but nothing happened! Same scenario again and again! I will never come back to this broker again! very very poor customer support

Behzad   8 November, 2017  
Cryptocurrencies are available on MT4 FIXED & MT4 NDD at FIBO GROUP!

Cryptocurrencies are available on MT4 FIXED & MT4 NDD at FIBO GROUP!Trading with cryptocurrencies is available with the following types of accounts: MT4 Fixed, MT4 NDD. Apart from trading, you may also invest in CFD for cryptocurrencies using the service of managed accounts PAMM which allows having a higher income both for investors and managers. Choosing such an effective and modern type of financial instrument as cryptocurrency, you get a new prospect of earning on the skyrocketing financial asset. Trading rules may be found on the "Contract Specifications" page for MT4 NDD and MT4 Fixed types of accounts.

I believe you will find this broker quite useful, especially if you are trading via a platform such as Meta Trader. It's also useful if you are developing trading strategies in MT4 that backtests your expert advisers. This is why I trade through this broker. First of all, all aspects of trading are described. You can also learn various testing methodologies and discusses all issues in a community. There are many traders and experts to learn from. Broker offers toolbox where you can use statistical tools to analyze the performance of expert advisers. In my case, I got some robust EAs with stable track record based on moving averages, channel breakouts, momentum, etc. Most importantly, it's the honest company i work with for almost 3 years and very satisfied. Very easy for trading

True Guest   16 June, 2017  

Hey, Maxx. Don't be so stupid about mismatching spreads or somethings like that. Zero spread always means possibilities. It can be in some cases when market is flat. But I've never had spreads below 1 point. And believe me, my experience with pepperstone relatively good. I trade only crossings and really enjoy my results. I'll tell you that if you don't test how company works, you will never gain profit. I've tested this broker on demo, tested on small account and made several withdrawals. For me it's completely reliable company that gives me sense of stability and no matter if there are spreads more than zero.

Jacky   6 September, 2016  

Please, may you guys tells me if pepperstone pays right? How they have bid/ask spread?

  


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