The company was founded in 2010 in Australia, licensed in Australia, the Arab Emirates, Thailand, China, the Bahamas and the UK. Four offices are located in America, England and the UAE. The company’s daily turnover is over nine billion dollars, and the number of clients has exceeded 100 thousand.
The number of products for trading is not the greatest, but the set of platforms from third parties is amazing, and there is an innovation – trading via social networks.
Due to the regulation in two tier 1 jurisdictions, the company can easily be classified as reliable and safe for trading currencies and CFDs.
Clients are offered MT4 with an advanced high-level add-on package and cTrader. While the company puts a lot of time and effort into research, it is not enough and lags far behind its closest competitors.
Pepperstone gives the ability to trade a small group of commodities and the prices are competitive. And for Pepperstone’s Razor accounts, they are well below the market average.
Its regulators are ASIC in Australia, FCA in England, CySEC in Cyprus, and DFSA in Dubai.
Available for investment:
Number of currency pairs 61
Crypto CFD yes
Razor account: both Metatrader and cTrader platforms are available, charging commissions and spreads (most spreads). Spreads here start at 0.09 for the regular EUR/Dollar pair and the market’s normal spread is 0.7.
Standard Account: no commission, but for the same currency pair, the spread is already 0.75 pips.
Active Traders: if you become an active market participant, the company will reimburse a portion of the spread, depending on the monthly turnover.
UK clients must turn over $15 million a month to get a 10% discount on one lot, but if turnover exceeds $50 million the discount is negotiable.
Australia: to participants Pepperstone Active Trader requirement to do a turnover of 200 lots per month, in which case, the spread is reduced by 0.1 points and is 0.65 points. With higher turnover minimum spread setting is at 0.638.
Copy-trade is developed, a wide range of platforms from different manufacturers is available, plus the content is developed by the company itself. Judging by the clients’ reviews, they are satisfied with the quality and the content of the visual and textual content. According to this indicator, the company is ahead of the market.
The tools the trading platform is supplemented with:
AutoChartist – automatic recognition of trading signals.
Smart Trader Tools – addition to MT4 for working with the mood indicators (only for clients with balances over 500 AUD).
Delkos – service for forecasting and risk management, popular with top traders from all over the world.
Internal commentary: the company offers daily charts and other materials. Which requires daily updates, but in fact, the information is added 3-4 times a week, more daily content is required.
Pepperstone offers free guides for traders of all levels, videos are available for working in the currency market. It must be said that the emphasis is on the FX market and very little attention is given to the broader CFD market.
Articles: the site placed 9 articles with the information on how to learn to trade Forex from scratch. Video seminars are regularly held for customers. For the category of especially important clients with balances from 2.5 thousand dollars is available exclusive materials and trading signals.
Trading from mobile devices is available via MT4 and MT5 applications as well as cTrader, available for downloading on all modern smartphones and Tablet PC.
This broker is ideal for Forex and CFD traders. Due to low spreads and a large number of training materials, the company has occupied its niche in the market of companies focused on foreign exchange trading. A bonus will be the ability to use third-party programs to work.