Pepperstone is one of the leading trading brokers in the world, giving traders who apply access to trade across all markets via user-friendly platforms.

Pepperstone is one of the leading trading brokers in the world. They give traders access to trade across all markets via sophisticated but user-friendly platforms with cutting-edge technology, low prices, low latency, high-speed execution, and award-winning customer service.

I opened an account in Pepperstone many years ago, and throughout that time, I've been quite pleased with the trading conditions and service they've offered me. They are excellent for day trading when you need minimal spreads, and they are one of my top picks for running automated methods on the MetaTrader platforms.

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Understanding Pepperstone Professional Account

The Pepperstone Professional Account provides exclusive features that aren't available to regular users of the platform. You will be eligible for their renowned Active Traders program if you are a professional customer. You can also access the increased leverage, special account features, and these benefits. In exchange, you won't be eligible for the protections afforded to retail customers, such as safeguards against negative balances and prohibitions on using leverage. Apply for the account or upgrade it in a matter of minutes.


Pepperstone Professional Client Benefits

Pepperstone Professional Clients have access to greater leverage than regular users. They can use leverage up to 1:500 for most forex instruments on the system. If a professional client refers a friend to the platform, they can earn up to $1000 per referral if they meet some terms and conditions.

If a professional-client qualifies for Pepperstone's Active Trader Program, they become eligible for discounted commissions and daily refunds. You can even access a VPS solution, which is immensely beneficial for traders with a very slow and unstable internet connection. This is especially for those living in third-world countries.

As a professional client, you will be assigned a relationship manager who will look after all your trading needs and any queries you may have regarding your account or the platform. Once in a while, you can even receive exclusive invitations to VIP events, seminars, workshops, fine dining, sporting shows, and countless other experiences.


How to Apply as a Professional Client

You must complete the online application form to open an account in Pepperstone. Usually, it will take you around three minutes to do if you want to establish an individual customer account with Pepperstone. For the purposes of KYC, once your information has been submitted, you will be required to validate your email address and send in your Proof of Address (POA) and Proof of Identity (POI) papers.

When the accounts team has finished verifying your papers, you will be able to fund your account and begin trading when they have done so. In order to create a corporate account, you will be required to present supplementary paperwork, such as a certificate of incorporation and articles of association. During the process of creating an account, support agents are available to help you in case you have any questions or concerns.

🌐 Website
💼 Regulation
💲 Min Deposit
Year Established

Free education
Trading by telephone
Segregated accounts
Affiliate program
Islamic accounts available
Wire transfer

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
  • 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.

If you meet all the requirements, becoming a professional client on Pepperstone takes only a few steps. This quick and easy self-certification procedure can be found in the Secure Client Area. It just takes a few minutes to complete. To establish that you fulfill the requirements for eligibility, you will be asked to take a quick test. You will be required to make a self-certification stating that you fulfill two of the following three requirements:

  • You need to have experience trading with leverage on derivative products
  • Your Pepperstone trading portfolio needs to exceed a cash value of $500K
  • You need to have significant professional experience working in finance


Funding Your Professional Account

Pepperstone provides its customers with a variety of deposit and withdrawal methods that are both easy to use and convenient. This includes payments made by wire transfer, credit/debit cards, and electronic wallets. You can be subject to additional costs when utilizing certain ways of payment. Clearance of wire transfers often takes a couple of working days.

Because I utilize a variety of digital wallets, I find that this choice offers greater convenience. Especially when significant market news has just been released, I urgently need to replenish my trading account. I don't want to have to sit around for many days while a bank transfer is processed since there's a chance I could lose out on an opportunity to try to capitalize on the news.


Does Pepperstone Professional Account Suit You?

Pepperstone caters to the specific requirements of each trader by providing a wide variety of account kinds. Each of the account kinds is available, and retail trading leverage and margin limitations are always adhered to. Customers who qualify as professionals may apply to trade with greater leverage of up to 1:500. You are able to trade higher position sizes with high leverage than you would be able to without it. However, you must keep in mind that raising your position size also increases the risk you take.

Either a commission-free account with variable spreads beginning at 0.6 pips or a commission-based account with spreads beginning at only 0 pips and a very reasonable $3.5 commission cost (per lot per side), which equals to $7 in total, is available to you as a trading option (per round turn, per standard lot size).

The minimum deposit requirement begins at $200, which is more or less what you will discover required from the majority of the best brokers in today's market. Before registering a genuine account with Pepperstone, you would want to get a feel for their various trading platforms and conditions. Luckily, Pepperstone provides a practice environment in the form of demo accounts. Putting your trading skills to the test in a risk-free environment may be accomplished using this method.

Your trading approach and the amount you plan to deposit in Pepperstone will determine which account you should go with. Because I utilize techniques that involve scalping, I want very tight spreads. As a result, the Razor account is the one I use most often because it has the lowest spreads. Although there is a commission charge added on top of everything else, the majority of the time, it still works out to be less expensive.

If you do not want to trade very often and are planning to keep positions for an extended time, any of the live account types should be sufficient for your needs. It makes no difference how large or little your first investment was. They are open to working with customers from all walks of life. It is excellent to see that they reward customers for their loyalty, and if you trade with them for a long enough time, you may even be able to negotiate lower commission rates. This is a fantastic incentive for active traders, and it is nice to see that they do reward customers for their loyalty. In my experience, a very small percentage of brokers do this.


Final Verdict

Pepperstone is one of the most well-known trading brokers in the world. They have a demonstrated history of delivering outstanding and cutting-edge trading conditions, which are supported by industry-leading customer service. They are widely known for being one of the major forex brokers in terms of volume, and they have stringent regulations to make certain that you may trade without worrying about losing your money.

In addition to that, this broker provides a wide variety of trading platforms, products, and accounts for their customers, enabling them to meet each trader's specific requirements. Over the course of several years of using them, I have never once experienced any issues. Pepperstone always responded to my inquiries promptly, and I can always rely on accurate trading conditions. Even I haven't had any trouble getting through the withdrawal process. Pepperstone surely deserves consideration, whether you are a frequent trader or want to invest for the long term.


Pepperstone is an award-winning broker offering various trading instruments including forex, CFD, and crypto. This Australian broker is regulated by the Australian Securities and Investments Commission (ASIC).