Pepperstone Review 2020: Safe Broker? What You Need to Know

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Pepperstone is an Australian CFD broker that was established in 2010.

They have grown exponentially to a number of countries in the world. This growth has been powered by their unique approach to market making. They use HFT trading systems to match orders.

πŸ“- Pepperstone is fully regulated. They have licenses from Australian and UK agencies. They do restrict people from certain countries including the USA and Canada.

πŸ“ˆ – Pepperstone allows trading in over 80 instruments including Forex, Equities, Commodities and Crypto. The max leverage that you can get on some of these assets is all the way up to 500:1.

Their leverage was surprisingly low for their cryptocurrency assets at a max of 5:1.

πŸ’Έ – Given the unique market making mechanism that Pepperstone uses, they are able to give their client really low spreads. These are close to zero on their β€œRazor” account and are about 1 pip on average for their standard account.

In terms of other fees, they will charge you a lot commission on the Razor account as well as a general β€œswap” fee. Thankfully though, there are no funding / withdrawal fees and there are no inactivity fees.

🧾 – There are 4 accounts available at Pepperstone. These are the Standard, Razor, β€œSwap Free” and the Active traders. View our long form review for more info on each.

For all of these accounts, the minimum deposit amount is $200. There is also a demo account that you can use for 30 days with no obligation.

☎️ – Pepperstone has great customer support and they offer 24/7/365 support with a number of dedicated phone lines as well as a fully manned live chat function.

πŸ–₯️ – In terms of trading platforms, Pepperstone offers 3 different trading platforms. These include an MT4, MT5 and their cTrader.

Most traders know about the MT4 and MT5 platform. cTrader is the most advanced platform and allows traders access to the top tier liquidity at the broker. It also has cTrader algo which allows developers to create their own trading bots.

πŸ“± – You can also use the cTrader, MT4 and MT5 mobile apps if you need to trade on the go with Pepperstone.

πŸ’³ – There are a number of funding options with this broker. They accept all major credit cards as well as PayPal, Skrill and a number of other online wallets. Of course, they also have standard wiring functionality.

πŸ“š – There is also an extensive range of educational material available and these include guides, beginner courses and market updates. They also have regular webinars which are a great way for you to get live insight from a professional trader.

πŸ‘¨β€πŸ’» – There are also a host of other goodies that you can get at Pepperstone. These include discounts for bulk trading, reward points for Qantas flights and discounts on VPS trading servers.

❓ – In conclusion, Pepperstone seems to be quite an attractive option to use. They have some of the lowest fees on the market and they also have advanced technology and top notch customer support.

If you are going to trade with them then you should make sure that you practice adequate risk management. CFDs are risky products and you can lose your initial deposit if you do not have stops in place.

Disclaimer:
This is for informational purposes only. Coin Bureau does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice.

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