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Pepperstone

Low-cost ECN broker

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RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail trader accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Backtesting results are hypothetical and do not guarantee future performance.

Pepperstone provides forex and CFD trading with low-cost ECN spreads via MetaTrader, cTrader and its own platform. FSCA-regulated in South Africa (FSP 44546).

Visit Pepperstone →Test Your Strategy →

CFD Service. Your capital is at risk.

Full Specification

RegulatedYes
RegulatorsASIC, FCA, FSCA
Registered inAustralia
Minimum Deposit$200
Spread TypeVariable
Spread From0.0 pips EURUSD (Razor)
Max Leverage1:500 (Non-EU), 1:30 (EU)
Instruments250+
Instrument Types (CFD only)Forex, Indices, Commodities, Crypto, Stocks
PlatformsWeb, Mobile, MT4, MT5, cTrader
Demo AccountYes — virtual funds, all instrument groups
Swap-FreeYes
Copy TradingNo
Social TradingNo
Crypto CFD TradingYes
Education ResourcesYes
Customer Service24/5 live chat, email, phone
Monthly CostFree

Regulation & Safety

Pepperstone is regulated by ASIC, FCA, FSCA. This means the broker is subject to financial oversight, client fund segregation rules, and regular audits.

FSCA regulated — authorised to provide financial services in South Africa.

Trading Instruments

ForexIndicesCommoditiesCryptoStocks250+ instruments total — all available as CFDs

Platforms

WebMobileMT4MT5cTrader

Test Before You Trade

Before opening a live account with Pepperstone, test your trading strategy on historical data. The TradeTestr backtester runs your strategy across real CFD markets — the same asset classes Pepperstone offers.

Open Backtester →Strategy Lab →← All Brokers
⚠ Risk Warning:CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Backtesting results are hypothetical and do not guarantee future performance.