Is Pepperstone safe?

Safety summary

The available evidence supports a cautious assessment. Positive factors include a tier-one licence, segregated client money, negative balance protection, a compensation scheme (FSCS for eligible UK clients; ICF for eligible Cyprus clients; jurisdiction-dependent elsewhere), audited accounts (Independent external/statutory auditors) and 16 years of operating history. Risk factors include its reported closure. Regulation can improve oversight and complaint options, but it does not prevent trading losses or guarantee that every dispute will be resolved.

Client money is held separately from the firm's own money, at Major regulated banks; entity-dependent. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by FSCS for eligible UK clients; ICF for eligible Cyprus clients; jurisdiction-dependent elsewhere, which pays eligible clients up to its limit if the firm fails owing client money.

Regulatory coverage

Pepperstone is connected with 7 recorded licences: ASIC (tier one), FCA (tier one), CySEC (tier one), DFSA (DIFC) (tier one), BaFin (tier one), CMA (Kenya) (tier two) and SCB (Bahamas) (tier three).

View every licence

Client protections

Protections may include segregated client money, negative balance protection and a compensation scheme (FSCS for eligible UK clients; ICF for eligible Cyprus clients; jurisdiction-dependent elsewhere). They apply only where the account and client are eligible under the relevant entity and jurisdiction.

Official warnings

Licence concerns

Website verification

The recorded broker website is pepperstone.com. Verify the domain through an official regulator register where possible and do not rely on links received through unsolicited messages.

Company history

Pepperstone was established in 2010. No material change has yet been recorded on this profile.

Complaints and responses

View the complaints tab

The available evidence supports a cautious risk assessment for Pepperstone. This assessment can change if licences, entities, warnings or broker operations change.