Pepperstone Review

We also liked that Pepperstone customer service is available 24 hours a day. Pepperstone customer service is available in several languages, such as English, Russian, Vietnamese and Thai. At Pepperstone, you can trade 600+ US stocks as share CFDs, including large-cap companies like Boeing, Facebook, Apple, Exxon and Alibaba. After-hours trading is possible (this is when earnings are typically released).

Pepperstone shows on its official website how you are able to exchange real time stocks in a demo account. With this virtual Pepperstonedemo account, you are able to experiment at all, to whatever period you desire. You might even open positions, examine different trading approaches, and much more.

Is Pepperstone a market leading broker?

Commissions on the Razor Account were difficult to determine as they are calculated differently on each of the three trading platforms. Yes, Pepperstone offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the features before risking a live account. The Australian broker is also quite diverse when it comes to the types of accounts offered and allows the trading of 90 asset types with a focus on Forex, CFDs, and cryptocurrency CFDs. With a low minimum deposit of $200, it is quite ideal for beginner and advanced traders alike. Pepperstone focuses on social trading and automated trading solutions.

The leverage you can use when trading CFDs depends on the Pepperstone affiliate you are registered with and the asset class you are trading. In keeping with its position as Australia’s top forex broker, Pepperstone offers an impressive variety of currency pairs and an attractive range of base currencies from which to choose. Pepperstone also offers over 100 ETFs (Exchange Traded Funds) across over 35 countries.

Who Pepperstone Is For

Other than PayPal, no e-wallet methods are available in the UK, and none at all in Europe, Africa and the UAE. Clients in the UAE also cannot use credit cards (only debit) unless they are using a ‘professional trader’ account. Base currencies available include USD, AUD, NZD, CAD, HKD, SGD, GBP, EUR, JPY and CHF.

The company has three powerful, user-friendly, and popular platforms that you can use wherever you’re in your trading journey. These platforms are free and can be used on mobile, tablet, desktop, and web apps. Trading online is getting more popular, and selections of Forex Brokers are getting more difficult due to the large numbers it has expanded.

Pepperstone Review: What Makes Them Stand Out From Other Brokers?

The NDD broker is well-regulated, offers 1,200+ products, an average trade execution speed of 30ms, excellent trading conditions,  and 24/5 support, all of which are makings of a good broker. As we looked at in the platform section above, Pepperstone do offer a wide variety of third-party research tools. These include copy/social trading platforms and options, the numerous expert advisors (EAs) and indicators on MT4/ MT5, plus the AutoChartist technical analysis tool. In our https://forex-reviews.org/shakepay/, we will look at regulation, account types and fees, trading platforms on offer, plus much more.

• 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.
• Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
• However, we would state that there are only a few articles and videos per week, averaging less than one a day.
• In the UK, spread betting profits are exempt from capital gains tax and the stamp duty.

Standard accounts have institutional grade spreads with an average EUR/USD spread of 0.6 to 1.3 pips. Furthermore, Pepperstone is amongst a handful of brokers that allow clients to trade these individual US equities in extended market hours. This can be extremely useful for traders to take positions early or reduce risk. As with most brokers, Pepperstone offers a wide variety of Forex pairs, including majors, minors, and emerging markets.

Review of the deposit and withdrawal

Pepperstone allows scalping and hedging through the Razor trading account. Scalping is allowed through the MetaTrader 4, MetaTrader 5 or cTrader forex trading platform. Pepperstone Limited (trading as Pepperstone) is regulated in the UK through the FCA. While the UK is no longer part of Europe the regulator generally has ESMA trading rules that limit leverage and trading conditions for trading in the United Kingdom.

Payoneer, an American financial services company, offers online money transfer and digital payment services. Pepperstone was originally founded as a specialist forex broker providing access to interbank execution and low spread pricing. Pepperstone warns all potential traders that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors. Pepperstone is a multi whitelabel platform broker, meaning that all their trading platforms offered are built by independent companies such as MetaTrader (MetaQuotes) or cTrader.