The platforms are third-party, white-label offerings, as Pepperstone has shied away from building a proprietary interface. Smart Trader Tools for MT4 extend technical functionality, adding a suite of apps that assist with trade execution, market research, and depth of market analysis. Unlike the majority of brokers today, Pepperstone has two pricing models, which include commissions and the spread, the difference between the bid and ask prices. Pepperstone prides itself on offering competitive pricing and low spreads due to deep liquidity. We will look at the spreads available on the different account options below, but these spreads are variable, as Pepperstone reviews prices from multiple sources and providers to offer competitive rates to traders. We offer powerful trading platforms which you can use to analyse the Forex market.
Our platforms
The in-house research and commentary from Pepperstone is of good quality and covers a wide range of approaches. This would include macroeconomic / fundamental views, technical analysis, plus strategy and risk management guidance. Content includes the “Chart of the Day” and “Daily Fix”, which are all extremely pepperstone forex useful for traders across a range of abilities. However, we would state that there are only a few articles and videos per week, averaging less than one a day. In order to truly compete with the leaders in the retail/ professional broking industry, Pepperstone would need to produce more research content.
Stay up to date with market news, analysis and insights on Forex
Pepperstone offers TradingView, cTrader and MetaTrader, and its wide range of available third-party tools and plugins enhances its already-impressive suite of available platforms. An unexpected political event, an interest rate change, or even a disruption to the supply chain. Never miss an opportunity to follow WTI and Brent Crude price movements with our global market news and analysis. We have a team of experienced trading research analysts who follow markets 24/7 worldwide. New clients jump straight into the onboarding process by providing basic details such as their email address and phone number.
WHAT DID OUR TRADERS THINK AFTER REVIEWING THE KEY CRITERIA?
Our Razor account gives you access to institutional-grade spreads from 0.0 pips at just AUD$7 per lot. The whole ethos of Pepperstone is based around supporting traders to develop the skills required to be successful. The educational materials on offer cater to entry-level traders and the more experienced.
- This account also features custom account managers, VPS hosting, advanced reporting and custom trading solutions.
- As they are all supplied by third-party providers, there is a need for an additional user profile to be set up, but this was done instantly, with the new details being sent to our email address.
- Considering the low minimum deposit requirements, and its robust research and range of support for third-party platforms, Pepperstone is a great option for forex and CFDs traders – regardless of experience level.
- It’s not just the client-facing areas of the site which are first class.
- Your trading costs at Pepperstone will mainly depend on what you trade and which type of account you set up.
- In terms of educational resources, you can find plenty of information on the website, sign-up for webinars or access the live economic calendar.
Pepperstone Broker Review
Pepperstone offers some of the best trading conditions in the industry including very tight spreads on a big range of available currency pairs and other assets. See our full list of trading pairs (90 +), spreads, and margins across our CFD accounts below. Trade forex majors, minors, crosses and exotics on highly competitive conditions including low spreads and deep liquidity. Pepperstone offers access to 90+ currency pairs alongside our suite of more than 1200 CFDs across different assets. Industry-standard questions on source of funds, trading experience and educational background form the main part of the account opening requirements.
A beneficial resource is the hour-long webinars run by the Pepperstone analysts, where they discuss current market conditions and how to trade them. Pepperstone is currently a participant in the Equinix Financial exchange, a state-of-the-art network of execution venues and trading servers. It allows the brokerage unfettered access to a wide range of low-latency networks, as well as to some impressive VPS hosting options, that complement MT4s EAs wonderfully. The minimum required deposit for these accounts is USD 200 or the equivalent. They all permit trading strategies such as scalping, hedging and systematic trading. Being FCA-regulated lends credibility to the firm, but the inconsistency of offering negative balance protection while lacking guaranteed stop losses is a bit disconcerting.
Making a Deposit
You can fund and withdraw simply and easily via your secure client area. Whatever your trading style, we’ve got a trading account to suit your needs. When you trade the foreign exchange market (FX for short) with Pepperstone, you trade via a derivative, for example a Contract for Difference (CFD). ~The Pepperstone group of companies have clients in over 160 countries.
In addition, Pepperstone uses this section to highlight support options that include platform comparisons, platform guides, and deposit/withdrawal procedures. The site also features standard educational https://forexbroker-listing.com/ fare that includes a market glossary and technical analysis tutorials. Along with email support, the broker offers 24/5 chat/phone support as well as social media portals and an online contact form.
After accessing the market and checking the current market price levels, it was a case of clicking ‘Sell’ and then hitting ‘Place Order’. Quality of trade execution is a big selling point for Pepperstone, so we weren’t surprised to see our orders filled and confirmation provided almost instantly. This approach results in new users being able to complete the data input part of the process required for a live account in as little as five minutes. Pepperstone is also right at the top of the charts regarding the safety of client deposits and maintaining client privacy.
The Autochartist program generates trade ideas based on technical analysis patterns. The platform additionally provides traders with the option of “copy” or “social” trading, which can be accessed through the desktop trading platform, and also automating their own strategies. Trade the world’s markets from anywhere with reliable trading platforms and fast execution. On the copy trading side, as we have highlighted above Pepperstone offers numerous copy and social trading options on the MetaTrader trading platforms.
You can also use advanced features of Trader Automate lets you back test and optimise trading strategies, by building automated trading robots and custom indicators. In addition, professional clients can apply to get exclusive features and higher leverage, but they will lose negative balance protection. Professional accounts include access to exclusive events, a relationship manager, access to the Active Trader program and credit facilities. As with most brokers, Pepperstone offers a wide variety of Forex pairs, including majors, minors, and emerging markets. Pepperstone gives investors access to 60+ currency pairs and also 3 currency index CFDs. This offering of currency indices is notable, as although many brokers offer a US Dollar Index, there are few that offer a Euro Index and Japanese Yen Index.