Pepperstone Review

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Pepperstone is a trading platform based in Australia. You can trade forex, options, cryptocurrencies and many more assets.

  • Minimum Deposit: AU$200
  • Great Support Team
  • ASIC Regulated (AFSL #414530)
Promo: Earn Qantas Points for every trade » Sign up now

Pepperstone is an Australian trading platform. It has maintained a glittering image within the online trading community since its launch in 2010.

Pepperstone’s reputation is not based solely on hearsay. It is actually one of the most celebrated brokers in the industry being awarded many times for its efficiency and innovative platform.

Among its most noted accomplishments is winner of the Governor of Victoria Exports Awards in 2014, and the award for the fastest growing company in the nation by BRW Magazine for the same year.

It facilitates a wide range of trading styles while complying with the strict regulations of the ASIC. That makes it a reliable choice of broker for traders. Outside of the island continent, it also has offices in Dallas, Texas, and Shanghai.

Accounts

Innovation is one of Pepperstone’s strong points and when it comes to accounts, it certainly does not hold back. A trader is greeted with many different options for trading accounts.

For regular traders, there is the Edge Standard account which uses Institutional Grade STP Spreads and does not charge any commissions. Advanced and EA traders are expected to use the Edge Razor account which uses Raw ECN Spreads and charges a commission of $3.5 for every trade worth 100k.

Then there is the platinum account designed for Active traders and Institutional partners. It affords a relatively high level of service as well as better ECN EDGE execution. It is a fairly exclusive account that even comes with its own relationship manager.

Muslim traders can make use of the Islamic account which features a forex swap rate so that trading positions can be held overnight and without any interest in forex trading.

Finally, there is the demo account which is good news, especially for novice traders still getting to know the system.

Pepperstone’s demo account uses the highly reputed MT4 platform.

And while the variety of trading accounts is admirable, the range of available trading assets is not too bad either, featuring currencies, commodities, and soft commodities as well.

As a trader, you will be able to run multiple accounts simultaneously, in which case you can receive assistance from the MAM Multi Account Manager.

Trading platform

pepperstone-trading-appWhen it comes to technology, few brokers out there that can hold a candle to the technological advancement of Pepperstone. The main feature of its trading platform is the EDGE environment known for its brisk pace at executing trades while also maintaining a minimal width on the accompanying spreads.

Another crucial benefit of EDGE is that it allows you to trade ECNs directly on the MT4 platform. It also gives you a great deal of depth into the market.

The electronic trading system for pepperstone is the result of a collaboration with the NASDAQ listed firm, Equinix.

Numerous auto trading and social trading systems such as Mirrortrade, ZuluTrade, MyFXBook, RoboX, and MT4 signals are available at Pepperstone. Moreover, they enable you to make identical copies of other systems on your account.

Also at Pepperstone, your Mt4 account is compatible with almost every operating system, including major ones like iOS, Windows, OSX, and Linux without any requirement to download or install them. There is also a wealth of charts, technical analysis, and real-time data indicators too.

Pepperstone also offers several auto trading and social trading systems such as ZuluTrade, MirrorTrade, MyFXBook, MT4 signals, and RoboX, all of which allow you to make perfect copies of other systems on your own account.

At Pepperstone Webtrader, your MT4 account can be accessed on almost any major operating system – iOS, Windows, Linux, OSX – without having to download or install it. In addition, Webtrader offers traders with charts, technical analysis, and indicators of data in real time.

Deposits and Withdrawals

You can make deposits at Pepperstone with either a credit or debit card, bank transfers and online payment schemes such as Neteller, WebMoney, Oiwi, and Skrill.

Meanwhile, traders have to submit an online form before making withdrawals. A withdrawal, if made via a bank wire transfer, will take anywhere between 3 to 5 days to be processed.

Conclusion

All things considered, Pepperstone is very much at the forefront of the trading business. It offers a diverse and advanced array of forex trading technology that is also matched by a 24-hour customer support service.

Few other brokers perform at the same standard.

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