Score
10-15 yearsRegulated in Australia
Market Making(MM)
MT4 Full License
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
Benchmark
Influence
Add brokers
Comparison
Quantity 35
Exposure
Score
Regulatory Index9.04
Business Index8.25
Risk Management Index0.00
Software Index9.87
License Index8.98
Single Core
1G
40G
More
Company Name
PEPPERSTONE GROUP LIMITED
Company Abbreviation
Pepperstone
Platform registered country and region
Australia
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
WikiFX Data provideone account cannot log in try try also cannot
They said, there is no minimum deposits, once i deposited i could not access their Assets. So i need my money to try and fund to another broker
I have a stock trade and profit ~12k $ on April 26-27, 2023, then I placed another order to trade on MT5 and it was locked. Then I placed a withdrawal order, but I did not receive it, and was returned to MT5. I sent Mail 6 times but got no response.
I conducted stock trading from April 26th to 27th, 2023, with a profit of approximately $12k. Afterwards, I placed a transaction on MT5 but was locked in. Then I placed a withdrawal order, but it was not received and returned to the trading account. I have sent emails 6 times, but have not received a reply. Then I directly chatted with the Vietnamese support team and said I was waiting for information from headquarters. Then, on May 2, 2023, I logged into my online trading account and was informed that the account had been disabled. The next day, I logged in again and found that the exchange had already deducted all my interest. May 3, 2023: Pepper responded that they terminated the contract and only allowed themselves to withdraw the original funds (approximately $1400). No refund (~$12000), I replied: Your game rules and trading environment include requirements such as margin and leverage. When I participate in trading, the order will be executed. Then I make a profit, and you do not allow me to receive this money. There are trading cases like mine, and I have been informed that if You don't talk about unusual behavior either. You will only hinder traders from obtaining more returns than capital. In short, through this trading method, you can take the lost money from investors instead of returning profits to them when they win. Currently, I have extracted the root and my account has been locked. I am still waiting for a response from PepperStone.
I tried to withdraw 1 dollar to make sure it didn't go into my account
this company have used platforms like telegram and WhatsApp to defraud people which I'm a victim. I was scammed 402usdt from this website https://pstoneinternational.com/Trade/tradelist
On February 7, 2024, I requested a withdrawal with Pepperstone, which was for 4k USD and to date I have not received the withdrawal, they did it as an ARN refund, I have written to them many times and the only thing they comment on is that it I checked with the BBVA bank, it is already more than validated with the bank and the capital does not reach my account, I had never had problems with withdrawals with this broker until now and it was for a large amount, the issue is that I have requested withdrawals smaller ones which have arrived without problem, only that withdrawal which is larger, coincidentally it has not arrived to me.
I met someone on FB who was very proactive and resonated with me. He said that he was the deputy manager of Yuanta Securities in Hong Kong and a professional forex analyst. He added me as a Line friend at the beginning, and then started chatting with me every day, discussing the future, dreams, marriage, etc. At first I thought he was the person I wanted to spend time with in the future, but it turned out to be a scam. He would start by sharing his life to get me to let down my guard. Then he said that he had achieved financial independence, and trading foreign currencies with him was guaranteed to make a steady profit. He also said that his investment philosophy is to avoid risks first, and then to make money. He gave me a link to the app software. I didn’t think there was anything strange at the moment, so I just followed him. The app software I downloaded was TRJITFVBD to deposit into Pepperstone. And I invested 1 million dollars to buy it. I want to withdraw money now, but I was told that I have to pay personal income tax. Only then did I realize that I had been deceived, and I was really sad. The person who lied to me said that I can't help you when you encounter this kind of difficulty, otherwise you won't be able to grow. Later I told him that I really had no money, and he said he would never help me. The original ambiguous conversation gradually disappeared, and he stopped reading my messages... I was grateful for my sincerity, but in the end, I lost both my life and money, and my mood dropped to the bottom. I was very helpless. Please ask the platform to help me get the loan. Get the money back. Now I can't sleep well or eat well every day, and I almost have no courage to live...
I can’t withdraw from my account I don’t know what will happen help me let withdraw my money
When I make a purchase, the line appears well above the price, in addition the stop loss closes the operation without the price touching it, also the take profit does not close even if the purchase line has already been exceeded.
On the 31st, I made a deposit through the website. When making the payment, the website redirected to a third party. After I transferred the money through the bank and it was successful, when I returned to the website, for some reason, the funding status in my history showed as failed. However, I received an email from the third party stating that the payment was successful. I waited, but the funds I deposited did not appear in my account. I complained through live chat and email. They said that no funds were received. I reported the transaction to my bank, and the bank confirmed that the transfer was successful and went to the intended recipient. I emailed the third party, but there was no response. I complained again to the broker, but I did not receive any answer as to where my money went. The broker should be responsible because they recommended depositing funds with the third party.
I have been using this platform for a long time, and it has never been profitable at all. My account has been negative since the beginning. The pictures below are of the money I lost. At first, I thought it was a problem with my trading, but until now, many strange things have happened. First, in the video below, I recorded that their price is very different from what I checked on the Internet. It is suspected that they are cutting leeks through point differences. Second, their swap fee is ridiculously expensive. I will show you a photo below. That transaction took less than 6 hours and I was charged a large amount of fees. Third, sometimes when I am watching the market, his fluctuations are so large and exaggerated that I feel like I am cutting leeks. The video I just mentioned cannot be posted here. Anyway, I chose to continue using this platform at the beginning just because I wanted to say that it paid me money (but it was all my remaining money, not profit), so I continued to use it. Unexpectedly, if you put in more money, you will lose more money. So I asked the platform to help me get my money back. There were too many strange things but I didn’t even have time to record them. One has just been exposed, but I have more to add. When I use this platform, there are many parts where the platform crashes directly. The market is running, but the screen is completely motionless, which leads to a lot of losses. But🤢people are so stupid that they thought it was my problem, so they didn’t take pictures or video of this thing. Next, there will be false market prices, which will cause me to make a lot of single-word orders or liquidate positions that I should not lose money on. The photos below are just the money I have lost with this trading account. I had another trading account with them before and lost a lot of money. I just want justice and to get the money from this account back. 23175.7. Please help the platform to help us seek justice. Let violators be punished.
hello can you help me retrive my deposit from this account Pepperstone claming i should deposit 240more to make withdrawals
I lost 2 accounts on this exchange, the first time I withdrew a small amount very well but a huge amounts from $1000 or more could not be withdrawn, and now I can't log in to the exchange, I have lost my $5000 money at this platform
it's been 17 days since i traded and got ~12000$ profit. pepper still refused to pay me interest, but only let me withdraw the capital, they arbitrarily deducted the interest, locked the account and terminated the contract. as i said in the previous 2 accusations, i trade on their platform, environment, conditions, and rules, then i can execute the order and close the order at a profit of ~12000$. then the side Pepperstone do not allow me to withdraw this amount because of abnormal and fraudulent trading behavior. so if the investor trades and loses, is that the right and normal thing? unreasonable and unfair. even my account has changed to pro (which is an account where pepper can bear a negative balance of -10000$) many times to send the next mail, pepper's side reported that it has moved to the internal dispute department idr (scheduled for an appointment). before may 18, 2023 will inform again). but i guess this is just a trick to buy time, push and not solve anything. if so, then this is the exchange that steals investors' money, their credibility is fake. i'm still waiting patiently until may 18, 2023 to see what the results are,
1. I opened a Pepperstone account in Taiwan on September 20 this year (as shown in screenshot 1). At first, they said there would be no problems with the withdrawal (as shown in screenshot 2). 2. The stored value account is from Pepperstone (as shown in screenshots 3 and 4) 3. On October 31, I wanted to withdraw money for the first time, but the system refused to allow it. I asked the manager why I couldn’t withdraw it. He said that it was because the partner applied for withdrawal restrictions at their headquarters and asked me to pay the service fee first. At first, both parties said that there would be no problem in withdrawing the funds, so I opened an account and the investment consulting company only paid the service fee after the withdrawals were made. Our customers have no idea what the agreement between them is. If they say they limit withdrawals, they will limit withdrawals. The customers have no idea at all, and there is no protection of their rights at all. I originally planned to withdraw part of the balance and then ask the company to calculate the service fee payable. As a result, both companies directly modified the original rule of withdrawing first and then paying the service fee without informing the customer in advance, leaving the customer completely unaware. Under certain circumstances, it is impossible to withdraw, and even the withdrawal is restricted to be completed at one time. (Such as screenshot 5 6 7 8 9 10 11 15) 4. My principal and profit are all in Pepperstone, and the total balance on the ledger is US$1,702,913.69. The company actually said that if I don’t withdraw it before November 15th, the system will erase my money. How can such a big company be? Treat customers this way? Are you protecting your customers? According to Pepperstone's account manager, doesn't Pepperstone have a British FCA license? Even investors outside the UK can get the same compensation protection as British residents? (Such as screenshot 12 13 14 16) 5. Request coordination and processing by Pepperstone to return the balance of US$1,702,913.69 in my account in order to pay the service fee of NT$9.64 million to the partner investment consulting company. 6. The number of uploaded images is limited, so only some screenshots can be uploaded. Thank you for your coordination.
WikiFX Data provide| Pepperstone Review Summary in 10 Points | |
| Founded | 2010 |
| Headquarters | Melbourne, Australia |
| Regulation | ASIC, CYSEC, FCA, DFSA, SCB |
| Market Instruments | Forex, Cryptocurrencies, Shares, ETFs, Indices, Commodities |
| Demo Account | Available |
| Leverage | 1:500 |
| EUR/USD Spread | average 0.12 pips |
| Trading Platforms | TradingView, MetaTrader5, MetaTrader4, cTrader |
| Minimum deposit | $200 |
| Customer Support | 24/5 phone, email, live chat |
Pepperstone is a Forex and CFD broker founded in 2010 in Melbourne, Australia. The company has quickly grown to become one of the largest Forex and CFD brokers in the world with over 150,000 clients across the globe. Pepperstone is regulated by top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), etc. It offers a wide range of trading instruments including Forex, indices, commodities, and cryptocurrencies.
Pepperstone is a well-established and reputable forex and CFD broker, with a number of strengths. One of its biggest advantages is its range of trading platforms, which include the popular MetaTrader4 and 5 platforms, as well as cTrader. Another advantage is the broker's competitive pricing, with tight spreads and low commission fees.
However, there are some potential drawbacks to consider. One is that Pepperstone's customer service can sometimes be slow to respond, which can be frustrating for traders who need quick assistance. Additionally, the broker offers limited educational resources and research tools.
| Pros | Cons |
| • Regulated by reputable financial authorities including ASIC, CYSEC, FCA, DFSA and SCB | • Limited product offerings with no stock trading |
| • Multiple account options and funding methods | • Inactivity fee of $15 per month after 6 months of inactivity |
| • Low spreads and commissions, particularly for active traders | • Limited educational resources |
| • Advanced trading platforms including MT4, MT5, and cTrader | • Limited research tools |
| • Excellent customer support with 24/5 availability | • No fixed spread account options |
| • Negative balance protection | • Limited social trading features |
It's worth noting that while there are some cons associated with Pepperstone, the overall consensus is that it is a reputable and reliable broker with competitive pricing and advanced trading platforms.
Pepperstone, a reputable and respected online broker, has five regulated entities, operating under a strong regulatory framework globally.
PEPPERSTONE GROUP LIMITED, its entity in Australia, is regulated by ASIC under license no.414530.
Pepperstone EU Limited, its entity in Cyprus, regulated by CYSEC under license no. 388/20.
Pepperstone Limited, this broker's anothe entity in the UK, is regulate by the FCA under license no. 684312.
Pepperstone Financial Services (DIFC) Limited, its entity in the United Arab Emirates, operates under the DFSA regulation, with license no. F004356.
Pepperstone Markets Limited, its global entity, is regulated by SCB offshore, with license no.SIA-F217.
Pepperstone has implemented a number of measures to ensure the safety and protection of its clients' funds and personal information.
More details can be found in the table below:
| Client Protection Measures | Description |
| Regulation | ASIC, CYSEC, FCA, DFSA, SCB |
| Segregated Accounts | Ensuring that client funds are protected in the event of company insolvency |
| Negative Balance Protection | Clients can not lose more than their account balance |
| Two-Factor Authentication | Providing an additional layer of security to protect against unauthorized access to their trading accounts |
| Encryption Technology | To protect client information and transactions from potential threats such as hacking or fraud |
| Investor Compensation Scheme | Provide protection to clients in the event of financial loss or misconduct by the broker |
Overall, Pepperstone uses advanced security measures to protect its clients' personal and financial information. The broker's commitment to transparency, and customer satisfaction makes it a trustworthy choice for traders.
Pepperstone offers 1200+ trading instruments across multiple asset classes, including:
Forex: Major, minor and exotic currency pairs, including USD/EUR, AUD/USD, EUR/GBP, and more.
Stocks: Trading of popular global stocks including Apple, Amazon, Google, etc.
Indices: CFDs on global indices, including S&P 500, FTSE 100, Nikkei 225, and more.
Commodities: CFDs on gold, silver, oil, and other popular commodities.
Cryptocurrencies: Trading of popular cryptocurrencies including Bitcoin, Ethereum, Litecoin, etc.
Note that the specific instruments available for trading may vary depending on the account type and region of the client.
Pepperstone offers four types of accounts to its clients:
Standard Account: This account type is suitable for beginners as it has no commission and offers variable spreads starting from 1 pip. The minimum deposit required is $200.
Razor 0.0 Account: This account type is designed for experienced traders who prefer low spreads and are willing to pay a commission. The minimum deposit required is $200, and it offers variable spreads starting from 0.0 pips with a commission of $3.50 per lot traded.
Swap-Free Account: This account type is designed for traders who follow Sharia laws and do not want to earn or pay interest on overnight positions. It has no commission and offers variable spreads starting from 1 pip. The minimum deposit required is also $200.
Demo Account: This account type is available for 30 days, especially for traders to practice their trading skills and strategies. It provides traders with virtual funds to trade with and access to real-time market data, allowing them to simulate trading conditions without risking real money. It is a useful tool for beginners to get familiar with the trading platform and for experienced traders to test new strategies or instruments.
Regarding European traders and those whose accounts are registered with Pepperstone UK, the European ESMA law has recently reduced the maximum permitted leverage for security reasons.
On Forex instruments, the maximum leverage allowed for European clients is 1:30. However, leverage levels are contingent upon the entity's laws, such as international offerings. Pepperstone continues to offer leverage of 1:500 for professional clients on each asset.
Nonetheless, ensure you have a thorough understanding of leverage and how to utilize it intelligently, as an increase in your trading size can have a major impact on your potential earnings or losses.
The EUR/USD spread offered by Pepperstone varies depending on the type of account and market conditions. The commission fees also vary based on the account type and trading platform.
For the Razor 0.0 account, which is designed for advanced traders and uses ECN pricing, the average spread for EUR/USD is around 0.12 pips with a commission of $3.5 per lot.
For the Standard account, the average spread for EUR/USD is around 1.1 pips without any commission. It's important to note that spreads can vary depending on market conditions such as volatility and liquidity.
It is important to note that the above figures are subject to change depending on market conditions and other factors, and traders should always check the latest spreads and commission fees on Pepperstone's website.
Below is a comparison table about spreads and commissions charged by different brokers:
| Broker | EUR/USD Spread | Commission (per lot) |
| Pepperstone | 1.1 pips | $0 |
| IC Markets | 0.10 pips | $7 |
| FXTM | 0.50 pips | $4 |
| XM | 1.60 pips | $0 |
| Admiral Markets | 0.50 pips | $0 |
| FP Markets | 1.45 pips | $6 |
Note: The spreads and commissions are based on the standard account type for each broker and may vary depending on the account type, trading platform, and market conditions.
Pepperstone provides TradingView, MetaTrader5, MetaTrader4 and cTrader. Traders can utilize either the Razor or Standard account type on any platform.
MetaTrader4 (MT4): The world's most popular forex trading platform, featuring advanced charting, automated trading capabilities, and a vast library of indicators and add-ons.
MetaTrader5 (MT5): A more advanced version of the MT4 platform, with additional features and capabilities, such as more advanced order types and an economic calendar.
cTrader: A powerful and user-friendly platform with advanced charting, one-click trading, and a range of advanced order types.
Overall, Pepperstone's trading platforms are highly regarded for their speed, reliability, and ease of use, and are suitable for both beginner and advanced traders.
See the trading platform comparison table below:
| Broker | Trading Platform(s) |
| Pepperstone | MetaTrader4, MetaTrader5, cTrader |
| IC Markets | MetaTrader4, MetaTrader5, cTrader, WebTrader |
| FXTM | MetaTrader4, MetaTrader5, WebTrader |
| XM | MetaTrader4, MetaTrader5, XM WebTrader |
| Admiral Markets | MetaTrader4, MetaTrader5 |
| FP Markets | MetaTrader4, MetaTrader5, IRESS, WebTrader |
Note: This table is not exhaustive and other trading platforms may be available for each broker.
Pepperstone offers various deposit and withdrawal methods for its clients, including: Visa/Mastercard, POLi, Bank transfer, BPay, PayPal, Neteller, Skrill, and Union Pay. It's important to note that some deposit and withdrawal methods may not be available in certain countries. Clients should check with Pepperstone for specific details and requirements for their region.
Pepperstone does not charge any deposit or withdrawal fees. However, fees may be charged by the payment provider.
Withdrawal forms received after 21:00 (GMT) will be processed the following day. If these are received before 07:00 (AEST) theyll be processed on the same day. Withdrawals made by Bank Wire Transfer usually take 3-5 working days to reach your account.
Pepperstone's minimum deposit requirement depends on the type of account you choose. For the standard account, the minimum deposit is $200 (or equivalent in another currency), while for the Razor 0.0 account, the minimum deposit is $200 (or equivalent in another currency) for users who choose to deposit via debit card or PayPal, and $1,000 (or equivalent in another currency) for users who choose to deposit via bank transfer. It's worth noting that different funding methods may have different minimum deposit requirements.
| Pepperstone | Most other | |
| Minimum Deposit | $200 | $/€/£100 |
To initiate a withdrawal, log in to your Pepperstone account and navigate to the “Withdrawals” section. Select your preferred withdrawal method, enter the amount you wish to withdraw, and follow the instructions provided.
Pepperstone charges various types of fees including spreads, commissions, and swap fees. We have mentioned spreads and commissions before. Now we talk about other fees.
Swap fees: Pepperstone charges swap fees for holding positions overnight. The swap fee may be a credit or a debit depending on the instrument traded and the direction of the position.
Inactivity fee: Pepperstone does not charge any inactivity fee.
See the fee comparison table below:
| Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
| Pepperstone | Free | Free for domestic wire | $0 |
| IC Markets | Free | $3.50 per withdrawal | $0 |
| FXTM | Free | Free | $5 per month after 6 months of inactivity |
| XM | Free | Free for first 5 withdrawals per month, $15 for subsequent withdrawals | $0 |
| Admiral Markets | Free | Free for first 2 withdrawals per month, €1 for subsequent withdrawals | €10 per month after 24 months of inactivity |
| FP Markets | Free | Free for domestic wire, $20 for international wire | $0 |
Please note that the fees listed in this table are subject to change and may vary based on factors such as account type, payment method, and location. It's important to check with the broker directly for the most up-to-date and accurate fee information.
Pepperstone offers customer support via phone, email, and live chat 24/5. They also have a comprehensive FAQ section on their website that addresses a wide range of topics. You can also follow them on some social networks such as Twitter and Facebook.
Overall, Pepperstone's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
| Pros | Cons |
| • 24/5 multilingual customer support | • No 24/7 customer support |
| • Live chat and email support available | • No dedicated account managers for all users |
| • Quick response times | |
| • Detailed FAQ section available |
Note: These pros and cons are based on general feedback and may not be representative of every individual's experience.
Pepperstone offers a variety of educational resources to help traders improve their skills and knowledge. Here are some of the educational offerings provided by Pepperstone:
Trading guides: Pepperstone offers a comprehensive trading guide that covers various topics such as trading psychology, technical analysis, and risk management.
Webinars: Pepperstone regularly hosts live webinars that cover various trading topics, including market analysis, trading strategies, and risk management.
Video tutorials: Pepperstone offers a collection of video tutorials that cover various trading topics such as platform walkthroughs, charting techniques, and risk management.
Overall, Pepperstone offers a robust educational suite that can benefit both beginner and experienced traders.
In conclusion, Pepperstone is a well-established broker with a solid reputation and a wide range of trading instruments and platforms. They offer competitive pricing with low spreads and commissions and a range of account types to suit different traders. Their customer support is available 24/5 and they offer a range of educational resources for traders of all levels. Overall, Pepperstone is a reliable and reputable broker for traders looking for a broker with a global presence and a wide range of trading options.
Is Pepperstone regulated？
Yes. Pepperstone is regulated by ASIC, CYSEC, FCA, DFSA, and SCB.
Does Pepperstone offer demo accounts？
Yes. Pepperstone offers 30-day demo accounts.
Does Pepperstone offer industry-standard MT4 & MT5？
Yes. Both MT4 and MT5 are available. Pepperstone also supports cTrader and TradingView.
What is the minimum deposit for Pepperstone？
The minimum initial deposit with Pepperstone is $200.
Is Pepperstone a good broker for beginners？
Yes. Pepperstone is a good choice for beginners because it is regulated well and offers a wide variety of trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Pepperstone, a renowned online Forex and CFD broker, has become the Official Main Sponsor of a leading source of Forex news and analysis, FXStreet. The sponsorship is for one year and includes a selection of high-demand advertising services that will appear on various sections of the website.
WikiFX
Francisco Cerundolo, a 25-year-old Argentinean Tennis player and (ATP Tour player) rated No. 30 in the world, has joined Pepperstone, as a brand ambassador. Francisco Cerundolo will contribute to Pepperstone's brand expansion in the region.
WikiFXRetail Forex and CFD broker Pepperstone announced the launch of 24-hour CFD trading on US shares today (Wednesday), in collaboration with cTrader, MetaTrader, and TradingView.
WikiFXThe German financial authority, BaFin issued a warning over a Pepperstone clone. BaFin warns users about the website pepperstone.vip.
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2024-09-02 18:29
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