Pepperstone is a well-established broker since 2010. Pepperstone has headquarters in Australia, UK, Kenya, The Bahamas, Cyprus, Dubai and Germany. They are generally well-suited for Pepperstone to provide their Forex/CFD trading services to global clients.
This broker has also been regulated by ASIC 414530, BaFin 151148, Capital Markets Authority of Kenya 128, CySEC 388/20, DFSA (Dubai) F004356, FCA 684312 and SCB SIA-F217.
Pepperstone’s seven well-regulated subsidiaries will limit the potential for fraud and malpractice. Pepperstone clients may enjoy features such as negative balance protection while deposits remain segregated from corporate funds. Pepperstone members can utilize leveraged trading depends on subsidiaries:
- The Kenyan subsidiary offers negative balance protection plus maximum leverage of 1:400.
- Traders at the Bahamas unit get 1:200 without negative balance protection.
- Pepperstone Australia offers maximum leverage of 1:30, negative balance protection, but no compensation scheme for depositors.
- Pepperstone UK offers maximum leverage of 1:30, negative balance protection, and the best regulatory mandated compensation scheme of £85,000 per client.
Company Information
Website
pepperstone.com
Established
2010
Country
Australia, UK, Kenya, The Bahamas, Cyprus, Dubai and Germany
Regulation
ASIC 414530
BaFin, 151148
Capital Markets Authority of Kenya, 128
CySEC, 388/20
DFSA (Dubai), F004356
FCA 684312
SCB SIA-F217
Features
Free education
Trading by telephone
PAMM accounts
MAM accounts
Segregated accounts
Affiliate program
Islamic accounts available
Account Information
Apart from the forex demo account, this broker offers Standard and Razor. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Pepperstone is up to 1:200. Meanwhile, you can open an account with a starting capital of $200.
There are 2 account types that can be created during registration:
- Standard: Standard has minimum deposits of $200. The minimum lot size is 0.01. The account would be a good option for variable spreads that allow scalping, hedging, and Expert Advisors. It also supports trailing stop, pending orders, one-click trading, mobile trading, and automated trading. A swap rate will also apply to overnight positions.
- Razor: A minimum deposit amount of $200 and the minimum trading volume of 0.01 lot apply. Spreads are variable at Razor account and complemented by Expert Advisors, scalping, as well as hedging capabilities. Pending orders, trailing stop, one-click trading, mobile trading, and automated trading are available. Other charges include overnight swap fees.
If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:
Minimum Deposit
$200
Maximum Leverage
1:500
(Professional clients)
Spread
Variable
Commission
$7
If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:
Minimum Deposit $200
Minimum Position 0.01 lot
Spread Variable
Scalping
Expert Advisors
Hedging
Overnight interest rates (swaps)
Trailing stop
Pending orders
One-click trading
Mobile trading
Automated trading
Fees
Spreads are generally competitive, for example, the spread on EUR/USD during the London-New York session is 0 pips plus a commission of $7 with the Active Trader Program. This is the same as a spread of 0.7 pips. Their equity CFDs commission rates are also notably low with 0.07%, averaging at 0.10%. There are some other costs to be aware of. For example, an inactivity fee is charged to accounts that have been dormant for ten trading days. Also, swap rates are charged to clients that hold positions overnight.
Instruments Traded
Besides lots of currency pair, Pepperstone also offers some instruments you would like to trade on, such as Forex, Gold & silver, Cryptocurrencies, Stocks, CFD, Indexes, Oil, Metals, Energies, Soft Commodities, Agriculture, Spread Betting and ETF for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Pepperstone offers trading in forex, commodities, stocks, and cryptocurrencies:
- 62 currency Pairs
- 9 cryptocurrency Pairs
- 3 cryptocurrency indices
- 23 commodities and metals
- 29 index CFDs
- 940+ equity CFDs
As for Standard account, Pepperstone specifically provides it with the following instruments and leverage:
Forex
1:200
Gold & silver
1:200
Cryptocurrencies
Retail 1:10
Indexes
1:200
Metals
1:200
Energies
1:200
Soft Commodities
1:200
Agriculture
1:200
Spread Betting
1:200
Minimum Deposit $200
Minimum Position 0.01 lot
Spread Variable
Scalping
Expert Advisors
Hedging
Overnight interest rates (swaps)
Trailing stop
Pending orders
One-click trading
Mobile trading
Automated trading
Fees
Spreads are generally competitive, for example, the spread on EUR/USD during the London-New York session is 0 pips plus a commission of $7 with the Active Trader Program. This is the same as a spread of 0.7 pips. Their equity CFDs commission rates are also notably low with 0.07%, averaging at 0.10%. There are some other costs to be aware of. For example, an inactivity fee is charged to accounts that have been dormant for ten trading days. Also, swap rates are charged to clients that hold positions overnight.
Instruments Traded
Besides lots of currency pair, Pepperstone also offers some instruments you would like to trade on, such as Forex, Gold & silver, Cryptocurrencies, Stocks, CFD, Indexes, Oil, Metals, Energies, Soft Commodities, Agriculture, Spread Betting and ETF for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Pepperstone offers trading in forex, commodities, stocks, and cryptocurrencies:
- 62 currency Pairs
- 9 cryptocurrency Pairs
- 3 cryptocurrency indices
- 23 commodities and metals
- 29 index CFDs
- 940+ equity CFDs
As for Razor account, Pepperstone specifically provides it with the following instruments and leverage:
Forex
1:200
Gold & silver
1:200
Cryptocurrencies
Retail 1:10
Indexes
1:200
Metals
1:200
Energies
1:200
Soft Commodities
1:200
Agriculture
1:200
Spread Betting
1:200
Payment Methods
There’s a decent range of payment options at Pepperstone, with only cryptocurrencies missing. All payment methods are free, except for bank wires which charge $20. Note, there are third-party payment processor costs that clients need to pay.
Several payment methods are available offering prompt processing:
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.
Pepperstone also provides payment with Credit/debit cards and UnionPay
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Pepperstone offers you MetaTrader 4, MetaTrader 5, cTrader and TradingView.
- MT4: Highlights of MT4 include 28 plug-ins Smart Trader suite, Autochartist, VPS hosting, support algorithmic trading, and copy trading functions. Pepperstone also provides social trading via third-party providers Myfxbook, MetaTrader Signals, and DupliTrade.
- MT5: MetaTrader 5 provides exceptional features to help you stay ahead of the markets as it is easier to use, easier to code using MQL5, provides advanced platform customization, offers 38 inbuilt indicators, Smart Trader Tools, Autochartist, and the ability to hed your position.
- cTrader: Created by Spotware with the mission to balance simple and complex functionality, cTrader is excellent for both new and advanced traders. Traders can place advanced order types and better understand the orders they're placing in more detail.
Unique Features
There are some useful trading services available, one of which is API trading. However, traders must accumulate $250 million in monthly trading volume or approximately 2,500 lots to enjoy this facility. If you have advanced trading solutions that require API trading, this amount might not be a problem for you.
Research and Education
Pepperstone has an extensive range of research material including high-quality written market commentary, trade ideas, and videos, presented with tradeable information and well-explained. Pepperstone offers a modest range of education resources for beginner traders with an in-depth collection of articles, supplemented by webinars and two trading courses.
Bonuses and Promotions
Pepperstone does not offer any deposit bonuses at this time, even though there is an Active Trader Program to reward high-volume traders. Depending on the regulatory jurisdiction, you may find refer-a-friend promotions with referrals that must be fulfilled within 90 days.
Customer Support
Do you have any question or find any trouble related to Pepperstone? If you do, you should reach Pepperstone's support to get the information that you need. Here is the detail of the broker's customer support:
Pepperstone’s support team operates 24/5, where the live chat function from the back office offers the most convenient contact method. Clients can also contact the customer support team via e-mail and a phone number.
Website Languages
Office
Support
Email
Support
Call
Support
Chat
Support
Extensive Review
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. The initial deposit starts at USD200 with a minimum lot of 0.01 (micro) and 1:500 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.
FAQ About Pepperstone
Is Pepperstone a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Pepperstone is a good broker for you or not by reviewing the criteria. In general, Pepperstone provides trading service in Forex , Gold & silver , Cryptocurrencies , Stocks , CFD , Indexes , Oil , Metals , Energies , Soft Commodities , Agriculture , Spread Betting and ETF . As for the payment methods, you can choose between Credit/debit cards, PayPal, UnionPay and Wire transfer. The customer support is available via Email, Live chat, Phone and Skype.
What is the minimum deposit for Pepperstone?
The starting capital in Pepperstone is $200.
Is Pepperstone regulated?
Pepperstone is regulated by ASIC 414530, BaFin 151148, Capital Markets Authority of Kenya 128, CySEC 388/20, DFSA (Dubai) F004356, FCA 684312 and SCB SIA-F217. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is Pepperstone legit?
Pepperstone is a brokerage company offering trading services for clients since 2010 with offices in Australia, UK, Kenya, The Bahamas, Cyprus, Dubai and Germany.
Gunnar
![Ukraine]( "Ukraine")
May 12 2022
There's some minority problem with the candlestick. It's different with other broker, too much differences.
Hank
![South Africa]( "South Africa")
May 11 2022
Account Number: (65478xxx)
I'm happy with pepperstone so far, will update later.
Wilder
![Australia]( "Australia")
May 11 2022
Account Number: (20157xxx)
Just want to make sure you don't lead on fake broker who posed as Pepperstone.
Derrick
![Malaysia]( "Malaysia")
May 11 2022
Account Number: (52147xxx)
My positions are close by system eventhough I still have much balance and I already set my stop loss.
Henrik
![Taiwan]( "Taiwan")
May 10 2022
Account Number: (66895xxx)
Pepperstone has good and bad points. The best parts are that spreads are constantly low, support is A class and they are regulated.
Adler
![Germany]( "Germany")
May 10 2022
Account Number: (68547xxx)
Simply the best broker in the world. Low spreads, fast execution, excellent client support.
Hattie
![Australia]( "Australia")
May 10 2022
I started my forex trading career with Pepperstone since 3 months ago and am very very happy and satisfied.
Alannah
![Germany]( "Germany")
May 9 2022
Account Number: (77896xxx)
I've just opened a live account with this broker. Very happy so far, tight spreads and great service. I am trading a standard account.
Love Cinninati Love
![France]( "France")
May 9 2022
I've been with Pepperstone for one year. They've had their ups and downs but currently they are the best broker I use.
Birdie Sings
![Australia]( "Australia")
May 9 2022
Account Number: (64782xxx)
Been using them about 6 months. Had that period of extreme freezes and long server downtime with no tick data coming through. Think it was a server crash. Had another episode sometime but now everything seems to be flowing smoothly.
Aidan
![Ukraine]( "Ukraine")
Mar 25 2022
Account Number: (63201xxx)
My friend recommend me this broker and guys!!!! I never have such an exciting experience when trading with other broker before. Their platform performance is really really really good. You guys should try Pepperstone asap.
Joshua Houston
![Pakistan]( "Pakistan")
Mar 25 2022
Account Number: (35053xxx)
I am not really a fan of commission fees, I just think it beats the idea of reducing your trading costs. But, sometimes ago I was really into scalping. But doing it in my broker's standard account is a little too pricey. My friends suggested Peperstone raw account for me to try the strategy in the real market. I am not gonna lie, the spreads on zero commission accounts are quite reasonable. I have not used the Razor account with real money but I tried it on demo and the spreads on the Razor account are among the best in the market but per lot, commission is on the higher side. I do recommend it but proceed with caution. Execution on MT5 has been excellent so far and I cannot find anything negative at all.
Cathy Reynolds
![Argentina]( "Argentina")
Sep 29 2021
Account Number: (35092xxx)
I guess I'm finally ready to write down what I like and don't like about Pepperstone.
1. First of all, I think they have the best minimum deposits. They also have different options of payment methods for both deposit and withdrawal.
2. I trade from my PC and the desktop applications are great. It has a good response and great processing time. I have no complaints about this.
3. Great support and technical knowledge from the support team
4. great initiatives and ideas introduced once in a while
However, they are not all perfect. This is what I don't like about Pepperstone. I think they can focus more on this aspect.
1. Lack of mobile app but compensated by well-developed web trader (ctrader), But I really wish they pay more attention towards mobile traders.
2. Spread is slightly on the higher side in my opinion
Scarboro
![Singapore]( "Singapore")
Jul 9 2021
Does anyone here has ever used Pepperstone?
Robinson
Scarboro: I personally have never tried trading with this broker. But according to the information I found, Pepperstone is one of the many ASIC-regulated brokers that is quite popular.
Felicity
Scarboro: I've never used pepperstone, but I've used a broker under ASIC, very disappointing
Sean Evans
![Germany]( "Germany")
Mar 25 2021
Account Number: (12042xxx)
So I was just wondering if anyone has ever experienced this. Last time I deposited about $10,000 into my trading account in Pepperstone. with an exchange rate of 3.7146 to Qatari Riyals and when I withdraw the exchange rate was 3.5684 which seems too much for an exchange rate refund. So I guess I lost almost $400? Are there hidden fees that I wasn't aware of? I haven't talked to the customer support team yet, because I want to make sure I know what is going on. Also, I read some reviews about the service and I don't really like it.
Drew Fabrizio
![Turkey]( "Turkey")
Aug 20 2020
I started with Pepperstone a couple of weeks ago. For the first time, everything seems fine, but it's just that their MT4 platform is really lagging during events. Also, their commissions are relatively expensive. It's not that they're not good, but their calculation with commissions and swaps really not my type.
Harley Cadwell
![Malaysia]( "Malaysia")
Aug 20 2020
I place my withdrawal on Saturday, then on Monday, I got the money. It's a relatively fast process. Looking forward to another withdrawal this week. Not much but glad I got the profit.
Ruby Pearce
![Australia]( "Australia")
Aug 20 2020
Such a great service and they have a good trading platform. I've been using Pepperstone for a while now and they keep improving its service in all different aspects.
Audrey Packman
![Singapore]( "Singapore")
Aug 20 2020
I'm very interested in cTrader. That's why I join Pepperstone, it's the main reason. I've been trading with them for a while with no issues. I took my withdrawal profit (unfortunately, not that much :D) 2 or 3 times a week and it takes 2 days max to processed.
Eugene Hackathorn
![Singapore]( "Singapore")
Aug 20 2020
At the start, the broker running very well. But the longer it lasts, the worse it gets. Found that there was no more credit card option for withdrawals and can only be paid to PayPal which charged with high fees. Compared to other competitors, you know that deposit and withdrawal fees are relatively considered. Fastest and cheapest is a good sign of customer service.
Hannah Creed
![Canada]( "Canada")
Aug 20 2020
Such a good Australian local broker which hard to find these days. Excellent for support. Hope you guys can improve your mobile app tools for quick deposit and withdrawal, and also for other customer service support.
Markus Shallow
![Argentina]( "Argentina")
Aug 20 2020
I think Pepperstone needs to re-training its customer service once in a while. Because some of their representation doesn't have a clue about their own regulations. They are not well informed.
Tucker
![India]( "India")
Aug 20 2020
I don't have any problem with Pepperstone right now. They are very helpful dan provides good insight on their Telegram channel. I don't have problems with withdrawing funds too. Keep up the great job.
Patrick Wilson
![Malaysia]( "Malaysia")
Aug 20 2020
Many said that they were dealing with a sudden abnormal spike in the spread on a daily basis during the first hour each day. Not to scare anyone, but I just want to alarm other users about this broker.
Dawson Miles
![Australia]( "Australia")
Aug 20 2020
My experience with Pepperstone was very pleasant. I can make a decent profit. There is no problem with the withdrawal process.
Liam Castwood
![France]( "France")
Aug 20 2020
So far, as a newbie on the forex trader, I don't have any problems with Pepperstone. They didn't hound me with phone calls, only called me to introduce themselves, and gave me an email to request assistance just in case I have any problems later. I am yet to make a withdrawal with Pepperstone but I will report back once I have.
Justin Franco
![Canada]( "Canada")
Aug 20 2020
I don't have an account on Pepperstone right now, however, their 24/7 service is excellent. I have lots of questions and they answer all of them. It is very clear that they help me to understand. The great first impression so far.
Elijah Barton
![Argentina]( "Argentina")
Aug 20 2020
Their spread is lower than the other brokers. They close your position with no warning at all. It was a sell order and they close it way above my SL for no reason, all in an open market. Their customer service is so so. Think twice if you want to invest in Pepperstone.
Tom Lucinda
![Pakistan]( "Pakistan")
Aug 20 2020
I have a pleasant experience with Pepperstone since have a live trading account. I made the account after more than a year building confidence over the demo account. I would like to see their Webinar based on the Ctrader platform. Looking forward to more content there since I'm not really used to MT4 or MT5.
Bennett Skylar
![South Africa]( "South Africa")
Aug 20 2020
So, I planned to trade temporarily with Pepperstone. Their platform is OK, but other brokers have better spreads. Their support is not terrible and pretty average. Also, I read some reviews and news about their data security. Apparently, their 3rd party leaks Pepperstone client's data. Data is very crucial for business these days, but to have a problem like this surely made me be aware of their circumstance.
Callum Olson
![Nigeria]( "Nigeria")
Aug 20 2020
Pepperstone is a good broker that offers a great platform base for all of its users. The support is okay tho.
Puff Hedgeton
![Argentina]( "Argentina")
Aug 20 2020
Their live support is amazing. I've been contacting them couple times since before I opened an account until now. They replied fast and answered all my questions. Pretty happy with the great experience.
Shayla Kumar
![Germany]( "Germany")
Aug 20 2020
Recently, I had an issue with the logging process to my account on MT5. But the customer service assists me until the issue is sorted. Now it's resolved and I'm very happy.
John Neymar
![Germany]( "Germany")
Aug 20 2020
Excellent support and help. Thank you very much. They have the fastest system to approve the process. I recommend this broker.
Janika
![United States]( "United States")
Aug 20 2020
Hello there, I had a great experience with broker Pepperstone. It's been a while with them. Their customer support is amazing. Even with someone with broken English like me, they still help me through the process.
Rudy
![Indonesia]( "Indonesia")
Aug 11 2020
Can deposits and wd at pepperstone be made with local Indonesian banks?
Alan
Lucy: If you deposit using a local bank, then the withdrawal will use a wire transfer (interbank and inter-country transfers). Almost all national banks (not BPR) can send or receive Wire Transfers, or what is commonly known as Remittance.
The withdrawal method must be the same as the deposit method.
If you deposit using a Credit Card, then for 60 Days after depositing with a credit card, the withdrawal must be via a Credit Card. After 60 days, you can choose to withdraw using Bank Wire or Credit Card. This also applies to deposits using the Verify By VISA / Mastercard Secure Code ATM Debit Card. Withdrawals using this credit/debit card are free of charge.
If you make a deposit using Bank Wire, then for withdrawal you must choose Bank Wire (International Transfer). Pepperstone Brokers bank wire withdrawal fee is around 20AUD.
If you deposit using Neteller, then you can make withdrawals using Neteller, the withdrawal fee with Neteller is 1USD.
If you make a deposit using Skrill then you can make a withdrawal using Skrill, the withdrawal fee with Skrill is 1USD.
If you deposit using Fasapay, then you can choose bank transfer as the method for withdrawal, due to Pepperstone regulations and decisions, Fasapay cannot be used for withdrawals, it can only be used as a deposit method.
If you deposit using PayPal, then you can choose to withdraw by PayPal. For PayPal withdrawals, there are currently no fees at all.
Lucy
Alan: Can you use a local Indonesian bank for WD? From numbers 1 to 10, how would you rank pepperstone in terms of security, convenience, and deposit/wd?
Alan
Rudy:
Yes, deposits and WD at pepperstone can be done with local Indonesian banks. The explanation can be seen below.
Indonesian Local Deposit via Internet Banking CIMBClicks, Pepperstone local deposit that you can use if you have a CIMB Niaga bank account.
Indonesian Local Deposit via Mandiri Clickpay, a Pepperstone local deposit that you can use if you have a Mandiri account and activate the Mandiri Clickpay feature.
Indonesian Local Deposit via Mandiri E-Cash, a Pepperstone local deposit that you can use if you are actively using Mandiri E-Cash.
Indonesian Local Deposit via XL TUnai, XL Tunai is mobile money provided by XL Axiata, if you are a user of your XL number you can activate it at the XL Center, after that you can use it to deposit at Pepperstone.
Local Indonesian Deposits through BII Virtual Account, BII VA (Virtual Account) is a virtual account that is a feature of Bank BII (Bank MayBank Indonesia). With this BII VA feature, you will get a local virtual account (Maybank/BII account) which is the destination for Pepperstone broker deposits. BII Virtual Account is legally binding and has an expiration date. If you do not have an account/internet banking that is included in this Pepperstone local deposit option, for example, you have a BCA, BNI, BRI, BTN account, etc., then you can choose a deposit method using this BII VA option.
Indonesian Local Deposit via Muamalat Internet Banking, Pepperstone local deposit for those of you who have a Muamalat bank account.
Indonesian Local Deposit via Telkomsel T-Cash, T-Cash is mobile money issued by Telkomsel, for you Telkomsel card users, you can activate T-Cash through Grapari Telkomsel and after that, you can use it to deposit at Pepperstone.
Indonesian Local Deposit via Indosat Dompetku, Indosat's Dompetku mobile money, for you Indosat card users, you can activate Indosat Dompetku through Indosat Center and after that you can use it to deposit at Pepperstone.
Indonesian Local Deposit via ATM Mandiri Automatic, is a virtual account from Bank Mandiri that will get the system, if you have got this virtual account, you can make transfers to the virtual account via ATM or Mandiri internet banking.
Local Deposits Indonesia vi Internet Banking Danamon, Pepperstone local deposit broker for Danamon account holders.
Pam Yohanne
![United States]( "United States")
Jul 27 2020
Ezhar
![Turkey]( "Turkey")
Jul 27 2020
What I like from Pepperstone, the trading technology is very modern, and the razor account for ecn trading is really raw spread, not manipulated
Joahn
![Nigeria]( "Nigeria")
Jul 27 2020
It's been a few years using this broker there are no obstacles. Just a small language barrier, can be helped right with google translate or something like that.
Razor ECN account is quite good, withdrawal to local bank is quite satisfying, 2 working days already liquid. so far quite satisfied with this broker
Davinne Atmar
![Australia]( "Australia")
Jul 27 2020
Between IC Markets and Pepperstone competing in terms of spreads. A minimum deposit of $ 200. And the winner is IC Markets broker Australia with the smallest spread in the world
Eileen Richardson
![Australia]( "Australia")
Jun 19 2020
Account Number: (28091xxx)
For someone who has just started trading, I found Pepperstone to be very convenient. Pepperstone made it really easy to learn about what I have to do to set up an account and start trading instantly. The trading platform is very good and easy to navigate, even for someone like me who isn't familiar with the trading platforms yet. It's very intuitive. Funding my account was done really quickly when I reached out to their client services team. Even when I meet some problems, the team is always happy to help me. Overall great experience.
Henrikke Christensen
![Germany]( "Germany")
Apr 25 2020
Please share your experiences with those who have joined Pepperstone regarding
1. Types of accounts
2. Pair Quote (Remake / Real according to market)
3. Pair Spread
4. Fund & WD system
5. Execution Speed (Open & Close Orders)
Michael
![Canada]( "Canada")
Feb 22 2020
Between the Pepperstone and IC Markets, which one is the best? If my capital is around $100.
Arvin Ruan
Michael: These brokers are equally good because they have licenses from ASIC. However, for trading with a capital of $100, you can only open an account at Pepperstone. ICmarkets broker has a minimum deposit of $200 while Pepperstone has no minimum deposit.
Randolph Flowers
![Australia]( "Australia")
Dec 18 2018
Account Number: (89120xxx)
I have been trading with Pepperstone for a while now, and I think they are great. For example, they didn't lie when they said they have great order executions. The low latency they provide is actually really good, really recommended. Have only had to speak with customer service a few times and they've always been great. They have a great response time and the way they handle the issue is really professional. They also have a lot of good features (like trading tools, etc) for traders. Also the instruments they offers is plenty, so you'll have a lot of choices here.