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Broker status: Pepperstone is reported as closed or no longer accepting new clients.

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Pepperstone review

Regulation, trading conditions, fees, platforms and user experiences

RegulatedBroker closed

Editorial review updated 26 August 2026 · Broker data checked 26 August 2026

Editorial score
8.0/10How we scored Pepperstone
User rating
No user ratings yet
Country
Australia
Established
Established 2010
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Pepperstone may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.

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Pepperstone is a forex and CFD broker associated with Australia. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.

Pepperstone sits below the standard we would recommend without reservation. Regulated by ASIC (AFSL 414530); FCA (FRN 684312); CySEC (388/20); DFSA (F004356); BaFin; CMA Kenya; SCB Bahamas, offering MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone Web Platform. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.

Pepperstone at a glance

Broker name
Pepperstone
Established
2010
Headquarters
Melbourne, Victoria, Australia
Legal entities
Pepperstone Group Limited
Regulatory status
Regulated
Minimum deposit
$10
Maximum leverage
1:500
Trading platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform
Markets offered
Forex, Metals, Commodities, Indices, Shares, ETFs, Cryptocurrency CFDs
Account types
Standard, Razor, Swap-Free, Professional, Demo
Demo account
Available
Islamic account
Available
Customer support
Live chat, email, phone, Help Centre, 24/5 plus 18 hours over the weekend
Official website
pepperstone.com

Our view of Pepperstone

Pepperstone stands out for an ASIC licence, 16 years of operating history, raw spreads from 0.0 pips and a low minimum deposit of $10. The main issues to consider are its reported closure. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.

Who Pepperstone may suit

Pepperstone may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, a small first deposit and copy trading.

What stands out

  • An ASIC licence
  • 16 years of operating history
  • Raw spreads from 0.0 pips
  • A low minimum deposit of $10
  • MetaTrader 4 and 5
  • CTrader
  • TradingView
  • Copy trading
  • Automated trading support
  • API access
  • Negative balance protection
  • A compensation scheme
  • A wide range of markets

What to consider

  • Its reported closure

What traders report about Pepperstone

There are not enough eligible ratings to publish an aggregate user rating for Pepperstone.

Open cases
0
Broker responded
0
Resolved
0
Unresolved
0

Community metrics describe the published dataset and do not establish that every client will have the same experience.

How Pepperstone scored

The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.

Regulation and safetyQuality, status and relevance of verified licences, warnings, entity clarity and available protections.97/100
Trading costsSpreads, commissions, swaps and other available account charges.82/100
Platforms and toolsPlatform range, mobile and web access, charting, automation and supported trading tools.96/100
Markets and productsBreadth and relevance of available forex, CFD and other supported markets.86/100
Accounts and accessibilityMinimum deposits, account choice, demo access and country availability.96/100
Deposits and withdrawalsSupported methods, published processing information, fees and reported issues.82/100
Support and educationSupport channels, operating hours, educational content and research tools.15/100
Transparency and historyClarity of legal entities, public disclosures, operating record and material changes.86/100

Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.

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