There is only a handful of trusted brokers offering crypto CFDs, one of them is Pepperstone. What are the advantages of crypto CFD trading in Pepperstone?

Contract for Difference or mostly known as CFD is one of the most popular instruments to trade in the market. CFDs are available across various underlying assets like Forex, Indices, and Commodities. Lately, due to its popularity, Cryptocurrency is also included as one of the assets provided in CFD trading.

Unfortunately, not all brokers offer Crypto CFD, so traders have more limited choices in this regard. One of the most popular brokers that come with Crypto CFDs is Pepperstone. This is a fully regulated broker that was founded in Australia by a team of experienced traders. Focusing on superior technology and low-cost spreads, no wonder this broker is trusted by over 300,000 traders globally.

Pepperstone Cryptocurrency Trading

 

Advantages of Crypto CFD in Pepperstone

There are all kinds of benefits to enjoy from Peppestone Crypto CFD. Here are some of them:

 

1. No Wallet is Needed

All traders understand that a wallet is needed to trade Cryptocurrency. The reason is that Crypto is a digital asset that runs on a blockchain. To keep this digital money, traders should keep it in a wallet. But, a Crypto CFD is different.

Traders don't actually own the underlying assets, so the wallet can be eliminated. This is good news because that means traders can start trading Crypto right away without having to set up a wallet first. Instead, they would store their funds as a trading balance on a Pepperstone account which has been proven more reliable and secure than any Crypto wallet as the broker is regulated by credible forex authorities.

Website
Established
2010
Leverage
1:400
Min Deposit
$0
Regulation
ASIC, BaFin, Capital Markets Authority of Kenya, CySEC, DFSA (Dubai), FCA, SCB
Free education
Trading by telephone
PAMM
MAM
Segregated accounts
Affiliate program
Islamic accounts available
Compensation scheme
Negative balance protection
Low spread eur/usd
VPS
Trading via API
Copy trading
Webinar
PayPal
Wire transfer
Neteller
Skrill

Pepperstone was founded in 2010 by a team of experienced traders with a shared commitment to improve the world of online trading. Based in Melbourne, Australia, they grew to become one of the largest forex brokers in the world. If traders want to find a broker that provides low spreads, fast execution, and award-winning support, then the answer is Pepperstone.

Pepperstone has a strong legality guarantee because it has been licensed by the Australian regulator ASIC and FCA. Traders' funds can be deposited in segregated accounts at top Australian banks, one of which is the National Australia Bank (NAB). Therefore, the safety of funds is not a concern if a trader chooses to open an account in Pepperstone.

They succeeded in collaborating with 23 top banks to bring Bid to investors instantly via optical fiber. This allows all orders to be executed 100 percent automatically with low latency up to 0.05 milliseconds, without dealing desk intervention and requotes, as well as with super low trading costs.

Trusted by over 73,000 traders around the world, Pepperstone processes an average of USD12.55 billion of trading volumes every day. Because of that, they have many awards such as:

  • The Best Global Forex ECN Broker 2019 and Best Forex Trading Support-Europe
  • Best Australian Broker and Best Trading Platform 2018 by Compareforexbrokers.com
  • Best Forex ECN Broker, Best Forex Trading Support, and Best Forex Trading Conditions by UK Forex Awards 2018

With the many rewards gained, Pepperstone hopes to attract more and more traders from all over the world. The rising performance of Pepperstone is not only due to the super-tight spreads and fast execution that it provides, but also because many traders are interested in trading with deposits in currencies other than US Dollars.

For this reason, Pepperstone is one of the most market-responsive brokers because it is willing to accept deposits in 10 currencies, which include AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, SGD, and HKD.

Trading in Pepperstone would allow traders to choose between 11 trading platforms: MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo, and cTrader Mobile. The choice of trading platforms may seem confusing to novice traders, but actually, it is very useful because it has fast execution.

When trading forex, traders can enjoy raw spreads from 0.0 pips on Razor accounts, over 61 currency pairs, and commission-free account funding on a wide range of deposit options. In addition to currency pairs, Pepperstone provides many types of trading instruments, including CFDs for indices and shares, commodities, and cryptocurrencies.

Instruments in commodity trading are pretty much diversified. Not only metal, gold, and silver, but traders can also trade with soft commodities such as cotton, sugar, coffee, cocoa, and orange juice. Pepperstone also provides trading on energy (oil and gas).

There are two types of accounts provided by Pepperstone, namely Razor accounts, and Standard accounts. If you area beginner, it is recommended to choose a Standard account with an average EUR/USD spread of 1.0-1.3 pips and free commission.

Those with particular trading styles such as scalpers and algorithmic traders may enjoy the lower cost setup traditionally seen in a Razor account, with a commission from AUD7 round turn of 100k traded. You can start trading with a minimum lot of 0.01 (micro) and 1:400 leverage.

As a Pepperstone client, a trader can fund and withdraw with alternative methods including Visa, Mastercard, POLi internet banking, bank transfer, BPay, PayPal, Neteller, Skrill, and Union Pay.

If you are new to trading or looking to practice your trading strategies in a risk-free environment, you can create Demo Account in Pepperstone. But if you are an experienced trader or prefer to learn by doing, Pepperstone provides a Live Account that allows you to trade with live executions and pricing.

Traders can also follow and copy strategies from popular traders using third-party services while learning how to improve their trading abilities. Pepperstone has partnered with a range of social trading platforms that traders can choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader signals, and Duplitrade.

 

2. Leverage

Leverage may be risky, but it is a good way to give extra power to your trading position. Pepperstone offers leverage up to 1:10 for Crypto CFD. Perhaps for some traders, this amount of leverage isn't enough. But it actually provides enough exposure to Crypto without having to carry as many risks as higher leverage does. After all, Cryptocurrency is a relatively new market and thus the price movement is full of spikes, so using leverage higher than 1:10 may be extremely dangerous for this kind of market condition. For that particular reason, Pepperstone administers different leverage according to which coins the traders choose.

 

3. Various Cryptocurrencies to Choose

Traders can gain access to popular Cryptos such as Bitcoin, Ethereum, Litecoins, Polkadot, Cardano, and Uniswaps. On top of that, Pepperstone allowed traders to access more minor Cryptocurrencies should they be interested. There are also Crypto indexes which represent collective Cryptocurrencies sorted by certain features in the asset. For the trading costs, Pepperstone applies floating spreads from 30 pips in BTC/USD trading.

 

4. Fast Moving

The Pepperstone Crypto CFD platform allows traders to access everything online. That means traders can react quickly to price movement when any important news just hit the market. They can also adapt their trading strategy accordingly.

 

5. Good Fill Rate

For those who don't know, a fill is an executed order. It refers to the action of completing an order to an asset. So, a good fill rate is important to make sure that the order is completed

Pepperstone Crypto CFD claims to be capable of providing a 99.2% fill rate. That means traders' orders will be executed as soon as requested. On top of that, Pepperstone promises no dealing desk interventions to make sure the order is successful.

 

6. Demo Account Available

A demo account is a good way to learn how the real markets behave. Evidently, it is a good exercise for all kinds of traders, including beginners. Unfortunately, the demo accounts features are quite limited in most brokers. Usually, the instruments are fewer if compared to the real account. This can be a disadvantage for a trader who wants to try a certain instrument that isn't available in the demo account.

But, Pepperstone allows traders to ttry out the Crypto CFD trading even in their demo account. This allows traders to learn how the Crypto CFD works before trading with real money.

 

So, Is Pepperstone a Good Crypto CFD Broker?

Pepperstone is an award-winning brokerage under ASIC regulations. This broker offers all kinds of trading instruments, including Crypto CFD. There are different kinds of Cryptocurrency CFDs to trade from Pepperstone. Another feature to enjoy from this instrument is leverage up to 1:10, which is adjustable based on the coin traded. All in all, it can be said that Pepperstone is a good Crypto CFD provider among other forex brokers. You could try to experience it by opening an account in the broker.

 


Pepperstone is a multi-asset brokerage that offers Cryptocurrency, indices, forex, and many more. This broker is known for a highly-rated software solution, ultra-low fees, fast execution speeds of 30ms, and innovative Crypto products.