| Broker name | Pepperstone |
| Company name | Pepperstone Financial Pty Ltd. |
| Online since | 2010-01-01 |
| Site url | http://pepperstone.com |
| Country | Australia |
| Minimum account size | 200.00 |
| Minimum account size currency | USD |
| Minimum position size | 0.010000 |
| Maximum leverage | 200 |
| Maximum leverage description | 1:100 and 1:200 |
| Spread level | low |
| Spread description | 0.5-1.8 pips on EUR/USD |
| Is regulated | YES |
| Regulation description | Pepperstone Financial Pty Ltd is a Corporate Authorized Representative No.389931 of CDM Pacific Pty Ltd AFSL No.223682. |
| Easy registration | YES |
| Votes count | 27 |
| Rating | 4.90 |
| Email | |
Spreads and support is good. However, you may encounter some problems with depositing if you are located in different time zone than Pepperstone in Australia. For instance, I live in Europe and then I start the day, it is over in Australia. I have encountered a problem with margin. I wanted to deposit using my credit card. The deposit was gotten by this broker (I got a notification), but did not appear on my account. There is no manual check at this broker. I did not know that you can deposit with credit card from Monday to Friday from 8 am to 6pm AEST. I deposited the fund on Friday lunchtime and got them the next Monday. Due to this I got a loss of more than € 10,000.00. This is why you should mind your time zone. You can find other brokers providing you with depositing option the same day.
They are just another whitelabel of another Australian forex broker Axitrader. Axitrader is much better because they have their own AISC licence, Pepperstone rents their licence from another company just so they dont have to meet the strict Capital Requirement that Australian brokers need.
Just open an ECN account with Axitrader you will be much better off.
They are just another whitelabel of another Australian forex broker Axitrader. Axitrader is much better because they have their own AISC licence, Pepperstone rents their licence from another company just so they dont have to meet the strict Capital Requirement that Australian brokers need.
Just open an ECN account with Axitrader you will be much better off.