Pepperstone
Pepperstone Group Limited
Assessment summary
Pepperstone, founded in Melbourne in 2010, is regulated by ASIC, the FCA, DFSA and CMA UAE. It is known for fast execution, Razor raw spreads from 0.0 pips, a $0 minimum deposit and a full platform line-up: MetaTrader 4, MetaTrader 5, cTrader and TradingView.
Strengths
- Founded in 2010 in Melbourne, Australia
- Regulated by ASIC, FCA, DFSA and CMA UAE
- No minimum deposit
- Razor account with raw spreads from 0.0 pips
- Fast, reliable order execution
- MetaTrader 4, MetaTrader 5, cTrader and TradingView
- 1,300+ instruments across forex, indices, commodities, shares and crypto
- Leverage up to 1:500 for international clients
- Suitable for scalpers and algorithmic traders
- 24/7 customer support
Multi-criteria score
A weighted average over criteria that have data only. A “no data” criterion is excluded and lowers data coverage instead.
Data coverage 100% — complete-assessment threshold 70%
- Licensing & regulationWeight 35%9.5/10
Evidence: Licensed by FCA, ASIC, CySEC, BaFin, DFSA, CMA and SCB; one of the most widely regulated brokers.
Assessed: November 9, 2026
- Cost transparencyWeight 24%8.8/10
Evidence: Razor from 0.0 pips + about $3.50 per side; Standard from 1.0 pips, no commission; no minimum deposit.
Assessed: November 9, 2026
- Support qualityWeight 18%8.5/10
Evidence: 24/7 support, award-winning service record.
Assessed: November 9, 2026
- Platforms & toolsWeight 12%9.5/10
Evidence: MT4, MT5, cTrader, TradingView and Pepperstone app; copy trading available.
Assessed: November 9, 2026
- Deposits & withdrawalsWeight 12%8.0/10
Evidence: Cards, bank transfer and e-wallets; no internal deposit fees.
Assessed: November 9, 2026
Legal identity
Legal details are taken from official documents and the regulator's register, and dated.
- Legal name
- Pepperstone Group Limited
- Registered in
- Australia / United Kingdom / Bahamas
- Headquarters
- Melbourne, Australia
- Official domain
- pepperstone.com
- Founded
- 2010
Regulation & licences
Each licence links directly to the regulator's official register. Company registration is not a financial-services licence and is shown separately.
Financial-services licences
| Regulator | Country | Legal entity | Licence no. | Type | Tier | Verified | Reference |
|---|---|---|---|---|---|---|---|
| FCA | United Kingdom | Pepperstone Limited | 684312 | Investment Firm | Tier 1 | Nov 6, 2026 | View on regulator's site |
| ASIC | Australia | Pepperstone Group Limited | AFSL 414530 | AFSL | Tier 1 | Nov 6, 2026 | View on regulator's site |
| DFSA | UAE (DIFC) | Pepperstone Financial Services (DIFC) Ltd | F004356 | Category 3A | Tier 1 | Nov 6, 2026 | View on regulator's site |
| CMA UAE | UAE | Pepperstone Financial Services LLC | 20200000358 | Promotion & Introduction | Tier 2 | Nov 6, 2026 | View on regulator's site |
| SCB | Bahamas | Pepperstone Markets Limited | SIA-F217 | Securities Dealer | Tier 3 (offshore) | Nov 6, 2026 | View on regulator's site |
Trading accounts
Figures as advertised by the broker on the review date.
| Account | Spread from | Avg EURUSD | Commission | Leverage | Min. deposit | Margin call | Stop out | Swap-free | Base currencies |
|---|---|---|---|---|---|---|---|---|---|
Standard Standard | 1.0 | — | No commission | 1:500 | $0 | — | — | — | |
Razor RAW | 0.0 | — | $3.50 per side / lot (MT) | 1:500 | $0 | — | — | — |
Trading conditions & services
Platforms
1,300 tradable instruments
- Copy trading
- Swap-free account
Client protection
- Negative balance protection
- Segregated client funds
Full review
About Pepperstone
Pepperstone was founded in Melbourne, Australia in 2010 and has grown into one of the world's best-known forex and CFD brokers. It is especially popular with active traders thanks to fast execution and tight pricing. International clients are served by Pepperstone Markets Limited in the Bahamas.
Regulation
| Regulator | Entity | Licence |
|---|---|---|
| ASIC (Australia) | Pepperstone Group Limited | AFSL 414530 |
| FCA (UK) | Pepperstone Limited | 684312 |
| DFSA (Dubai, DIFC) | Pepperstone Financial Services (DIFC) Ltd | F004356 |
| CMA (UAE) | Pepperstone Financial Services LLC | 20200000358 |
| SCB (Bahamas) | Pepperstone Markets Limited | SIA-F217 |
Account types
| Feature | Standard | Razor |
|---|---|---|
| Spread | From 1.0 pips | From 0.0 pips |
| Commission | None | $3.50 per side per lot (MT) |
| Minimum deposit | $0 | $0 |
| Max leverage (international) | 1:500 | 1:500 |
The Standard account suits beginners who prefer all-in pricing, while Razor offers raw interbank spreads for scalpers and high-volume traders.
Platforms
- MetaTrader 4 and MetaTrader 5
- cTrader for advanced order types and depth of market
- TradingView integration
- Web and mobile access for all platforms
Markets
More than 1,300 instruments: forex, indices, commodities, metals, share CFDs, ETFs and cryptocurrencies.
FAQ
Is Pepperstone regulated? Yes, by ASIC, the FCA, DFSA, CMA UAE and the SCB in the Bahamas.
What is the minimum deposit? There is no minimum deposit.
Which account is best for scalping? The Razor account, with raw spreads from 0.0 pips plus commission.
This review is based on publicly available information and the broker's official materials. Leveraged forex and CFD trading carries a high level of risk. Past results do not guarantee future results. Questions? Telegram support @fibonacci_chart
User complaints
Complaints are published after spam checks, removal of personal data and an opportunity for the broker to respond.
There are no published complaints about this broker.
This profile was assessed under methodology v1.0. Spotted a mistake? Report it and we'll review within 48 hours.
Forex and CFD trading carries a high risk due to leverage and you may lose more than your initial deposit. Content on this site is educational and not investment advice.