Pepperstone Account Types offers 2 account types for live trading, Standard-, and Razor accounts. Pepperstone does not have an exclusive platform but offers the full MetaTrader and cTrader suites, including MT4 (desktop and web), MT4 Multi-terminal, MT5, cTrader (desktop and web), TradingView and cAlgo. Traders can use the account types with any platform.
Min Deposit
USD 0
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pepperstone Account Types – 8 key points quick overview:
- ☑️Pepperstone at a Glance
- ☑️Overview
- ☑️Pepperstone Account Types
- ☑️How to Open a Pepperstone Account
- ☑️Customers Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Pepperstone At a Glance
| 🔎 Broker | 🥇 Pepperstone |
| 🏦 Headquartered | Melbourne, Australia |
| 🌎 Global Offices | UK, UAE, Cyprus, Bahamas, Kenya |
| 🗓️ Year Founded | 2010 |
| 👨💼 Current CEO | Tamas Szabo |
| 👨💼 Founder/s | Owen Kerr, Joe Davenport |
| 👥 Amount of staff | 300+ |
| 👤 Amount of active traders | 300,000+ |
| 📈 Publicly Traded (Listed Company) | No |
| 🛡️ Regulation and Security | |
| 🏛️ Regulation | FCA, ASIC, DFSA, SCB, CySEC |
| 🌍 Country of regulation | UK, Australia, UAE, Bahamas, Cyprus |
| 🏦 Account Segregation | Yes |
| ❌ Negative balance protection | Yes |
| 🔐 Two-step Authentication | Yes |
| 🛡️ Investor Protection Schemes | Yes (FSCS for UK clients, ICF for CySEC clients) |
| 📊 Account Types and Features | |
| 💼 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes (MAM/PAMM) |
| 💱 Minor account currencies | EUR, USD, GBP, AUD, JPY, CAD, CHF, NZD, SGD, HKD |
| 💰 Minimum Deposit | No minimum |
| 📈 Trading Conditions | |
| ⏳ Average deposit/withdrawal processing time | Instant to 3 days |
| 🏦 Fund Withdrawal Fee | None |
| 📉 Spreads from | 0.0 pips |
| 💸 Commissions | $3.50 per lot |
| 💱 Number of base currencies supported | 10+ |
| 📉 Swap Fees | Yes (Applicable) |
| ⚖️ Leverage | Up to 500:1 |
| 📉 Margin requirements | 2% for major pairs |
| 🕌 Islamic account (swap-free) | Yes |
| 🎓 Demo Account | Yes |
| ⚡ Order Execution Time | <30ms |
| 🖥️ VPS Hosting | Yes (Free if criteria met) |
| 📌 One-Click Trading | Yes |
| 📈 Expert Advisors | Yes |
| 📊 Trading Instruments | |
| 📈 CFDs-Total Offered | 1200+ |
| 📊 CFD Stock Indices | 14 |
| 🛢️ CFD Commodities | 17 |
| 📉 CFD Shares | 1000+ |
| 👀 Watch list | Yes |
| 🚨 Trade Alerts | Yes |
| 📈 Trading Stocks with GP | Yes |
| 📊 Trading Indices with GP | Yes |
| 🔄 Swap on the trading board | Yes |
| 💳 Deposits and Withdrawals | |
| 💰 Minimum Deposit | USD 0 / 0 ZAR |
| 💳 Deposit Options | Bank transfer, Credit/Debit Card, PayPal, Skrill, Neteller |
| 💵 Withdrawal Options | Same as deposit options |
| 🎁 Welcome Bonus | No |
| 🖥️ Trading Platforms and Tools | |
| 📊 Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader |
| 🛑 Stop-loss Instrument | Yes |
| 🛡️ Investor Protection Schemes | Yes |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| 🛠️ Forex trading tools | Yes |
| 💬 Customer Support | |
| 💬 Live chat availability | Yes |
| 📧 Customer Support Email address | support@pepperstone.com |
| ☎️ Customer Support Contact Number | +44 203 097 7668 |
| 🌍 Languages supported on Pepperstone Website | 12+ languages |
| 📚 Educational Resources and Support | |
| 🎓 Beginners Trader friendly UX | Yes |
| 📘 Forex course | Yes |
| 🎤 Webinars | Yes |
| 📚 Educational Resources | Yes |
| 🤝 Partnerships and Programs | |
| 💼 Affiliate program? | Yes |
| 🤝 Amount of partners | 1000+ |
| 📊 IB Program | Yes |
| 🎉 Do they sponsor any notable events or teams? | No |
| 💵 Rebate program | Yes |
| 🗣️ Community Forum | No |
| 📱 Social Media Platforms | |
| 🌐 Official Website address | www.pepperstone.com |
| 📘 Official Facebook Page | Yes |
| 🐦 Official Twitter Page | Yes |
| 📺 Official Youtube Channel | Yes |
| 🔗 Official Linkedin Page | Yes |
| 📸 Official Instagram Page | Yes |
| 🌍 Local Information | |
| 🇿🇦 Accept South Africa Traders? | Yes |
| 🛡️ Is Pepperstone regulated by the South Africa regulatory body (FSCA)? | No |
| 🤝 Does Pepperstone offer an Affiliate Program for South African Traders? | Yes |
| 💱 Does Pepperstone allow accounts to be opened in ZAR / Rands? | Yes |
| 🚀Open Account | Open Account |
Overview
Pepperstone is a forex broker company in Australia, regulated in Australia and the UK, and has offices in the United Kingdom, Australia, Cyprus, Germany, Dubai, Africa, and The Bahamas.
Pepperstone was established in 2010 in Melbourne and opened a London office in 2015 to better serve European clients.
Pepperstone gained respect, especially for the way it handled the Swiss National Bank-related forex crisis in 2015 when it was able to avoid losses by using foresight and its high-speed technology.
Pepperstone has accumulated several awards during its years of service to traders, including The best broker overall in 2025, the best MetaTrader 4 (MT4) forex broker in 20252, the best No-commission trading account in 2025, and more.
Pepperstone does not have an exclusive platform but offers the full MetaTrader and cTrader suites, including MT4 (desktop and web), MT4 Multi-terminal, MT5, cTrader (desktop and web), TradingView and cAlgo. Traders can use two account types – Razor or Standard – with any platform.
For social copy-trading, Pepperstone offers the Duplitrade and MetaTrader Signals platform, and myFxbook for MT4, in addition to the native signals markets from MT4 and cTrader.
Forex and equity index fees are low, customer service is good, and relevant answers within a brief time. Deposit and withdrawal are easy, with no fees charged for deposits.
Pepperstone provides only forex, CFDs, and cryptos to trade with though. They offer no fundamental research tools, and the quality of news feeds is not good.
Pepperstone Account Types and Features
| 🔎 Live Account | 💴 Minimum Dep. | 🚀 Open an Account | 📈 Average Spread |
| 🥇 Standard | 0 ZAR | 👉 Open Account | 1 pips |
| 🥈 Razor | 2,500 ZAR | 👉 Open Account | 0.0 pips |
Standard Account
Pepperstone’s Standard Account, with commission-free trading and spreads starting at 1 pip, is ideal for South African beginners seeking a simple and cost-effective entry into forex trading.
| 🔎 Account Feature | ℹ️ Value |
| 💵 Minimum Deposit | 0 ZAR or an equivalent to 0 USD |
| 📈 Minimum Trading Size | 0.01 lots |
| 📉 Maximum Trading Size | 100 lots in a single trade |
| 💴 Base Account Currency | GBP, USD |
| 📊 Trading Strategies Supported | All including scalping, hedging, and Expert Advisors (EAs) |
| 📰 News Trading Offered | ✅Yes |
| 🖱️ Trade Execution | No-Dealing Desk (NDD) |
| 💹 Average EUR/USD Spread | From 1 pip |
| 💶 Commissions | None |
| ↪️ Rollover Swaps | Yes, according to the market rates |
| 📌 Maximum Leverage per region | Australia – 1:30 Bahamas – 1:200 Cyprus – 1:30 Dubai – 1:30 Germany – 1:30 South Africa – 1:400 United Kingdom – 1:30 |
| 📍 Negative Balance Protection Offered | Yes, only for retail clients |
| ▶️ Margin Close-Out (%) | 50% |
| ⏩ Trading Instruments offered | 1,200+ |
| 🖥️ Trading Platforms offered | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade |
| 🚀 Open an Account | 👉 Open Account |
Razor Account
Pepperstone’s Razor Account offers tight spreads from 0 pips for advanced traders willing to pay commissions.
| 🔎 Account Feature | ℹ️ Value |
| 💴 Minimum Deposit | 2,500 ZAR or an equivalent to AU$200 |
| 📈 Minimum Trading Size | 0.01 lots |
| 📉 Maximum Trading Size | 100 lots in a single trade |
| 💵 Base Account Currency | GBP, USD |
| 📊 Trading Strategies Supported | All including scalping, hedging, and Expert Advisors (EAs) |
| 📰 News Trading Offered | Yes |
| 💹 Trade Execution | No-Dealing Desk (NDD) |
| 📌 Average EUR/USD Spread | Between 0.0 pips and 0.3 pips |
| 📍 Commissions | From AU$7 round turn on 100,000 traded |
| 🔁 Rollover Swaps | Yes, according to the market rates |
| ↪️ Maximum Leverage per region | Australia – 1:30 Bahamas – 1:200 Cyprus – 1:30 Dubai – 1:30 Germany – 1:30 South Africa – 1:400 United Kingdom – 1:30 |
| 🚨 Negative Balance Protection Offered | Yes, only for retail clients |
| 📈 Margin Close-Out (%) | 50% |
| 📉 Trading Instruments offered | 1,200+ |
| 📊 Trading Platforms offered | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade |
| 🚀 Open an Account | 👉 Open Account |
Demo Account
The Pepperstone demo account (30-day expiry, extendable with a live account) and diverse trading platforms (MT4, MT5, cTrader) allow South African traders to practice risk-free with $50,000 virtual funds before live trading.
Islamic Account
Pepperstone offers an Islamic account for Muslim traders that adheres to Sharia law. While not available for South African residents, it caters to those from eligible regions seeking interest-free forex trading.
How to Open a Pepperstone Account
To open an account with Pepperstone, follow these steps:
Step 1: “Join Now” button.
Begin by going to the official Pepperstone website and clicking the “Join Now” button.
Step 2: Preferred Sign-Up
Sign Up with your preferred choice. Once you have clicked on it, Submit the complete application form with supporting identification and address documents.
Fund your newly approved Pepperstone account with bank transfers, credit/debit cards, PayPal, or Skrill before trading.
Install the Pepperstone trading platform of your choice on your selected device.
After completing these steps, you can access the Pepperstone trading interface, which will allow you to trade, check your account balance and performance, and manage your orders and positions.
How to Close a Pepperstone Account
To close a live trading account with Pepperstone, South African traders can follow these steps:
- Log in to the Pepperstone website’s Secure Client Area to access your Pepperstone account.
- Before continuing, ensure that all of your trading positions are closed.
- Withdraw any funds that remain in your account.
- Contact Pepperstone’s customer service.
- Customer service may need further information or evidence to confirm your identity and account ownership.
- The customer service team will walk you through any additional actions needed to close your account.
- When you are finished, ask Pepperstone for proof that your account has been closed.
- Keep copies of all contact with Pepperstone regarding the account closure and any transaction histories or statements for your records.
Customer Reviews
🥇 Great Stuff!
My six-month experience with Pepperstone has been quite beneficial. I chose them because they provide competitive spreads on my trading instruments, a simple digital verification process for opening DEMO and LIVE accounts, and a connection with TradingView’s API. – Daniel Ferreira
🥈 Exceptional.
This broker has completely wowed me. Withdrawals have been simple, regardless of the amount. I intend to expand my investment and remain loyal to them in the long run. They are simply exceptional. – Siyamthanda Dlamini
🥉 Top Support!
Alberto has been quite helpful, providing many invaluable resources for a novice trader. His support has helped to clarify several doubts, which has increased my confidence in making trading judgments. His demeanor is both approachable and professional. – Olivia Coetzee
Pros and Cons
| ✅ Pros | ❌ Cons |
| Account opening is fast and fully digital | Basic news flow, no fundamental data |
| Credit/Debit cards to be used to fund accounts | Does not hold a banking license |
| Great customer service provided | Financial information not publicly available |
| Low forex and equity index CFD fees | High bank withdrawal fee outside EU/Australia |
| Low non-trading fees charged | High financing rate for CFDs |
| Majority clients belong to top-tier authority | No investor protection for non-EU clients |
| Negative balance protection | Not listed on stock exchange |
| No deposit fee charged | Only forex, CFDs, and crypto to trade |
| Seamless and free deposit and withdrawal | |
| Several account base currencies |
Conclusion
Pepperstone Account Types offers 2 account types for live trading, Standard-, and Razor accounts. Pepperstone does not have an exclusive platform but offers the full MetaTrader and cTrader suites, including MT4 (desktop and web), MT4 Multi-terminal, MT5, cTrader (desktop and web), TradingView, and cAlgo. Traders can use the account types with any platform.
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Frequently Asked Questions
Which live trading accounts does Pepperstone offer?
Pepperstone live trading accounts include:
- Standard Account
- Razor Account
What are the available deposit currencies for a live trading account?
Available deposit currencies are: AUD, USD, GBP, JPY, EUR, CAD, NZD, CHF, SGD, and HKD.
What is the difference between a demo and a live trading account?
A demo account is usually funded with virtual money while a live trading account is funded with the customer’s own real money.
Trading environment
How many instruments can I trade with Pepperstone?
You can trade several different instruments with Pepperstone, which include the following:
- Currencies
- Commodities
- Indices
- Stocks
- ETFs
Which platforms are supported by Pepperstone?
Pepperstone provides the following popular trading platforms:
- MetaTrader 4 and 5
- myFxbook
- cTrader
- TradingView
- cAlgo
- MetaTrader Signals
- Duplitrade
- Capitilise.ai
Does Pepperstone offer leverage?
Yes, Pepperstone offers leverage up to 1:400 for clients.
What spreads can I expect with Pepperstone?
Pepperstone offers spreads from 0 pips.
Does Pepperstone charge a commission?
Commission from AUD$7 round turn per 100 000 traded.
Are there additional charges on the Islamic account?
Pepperstone does offer an Islamic Account. Some brokers charge extra fees on Islamic accounts – either in wider spreads, additional commissions, or administration fees to make up for money that they lose by not charging overnight fees.
New Islamic traders should enquire about these special conditions or extra fees before joining because it is often overlooked or not indicated on the account features pages.
Is Pepperstone regulated and by whom?
Pepperstone is regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB.
Is Pepperstone a recommended forex trading broker for experts and beginners?
Pepperstone offers a fair-trading environment for most types of traders.
What is the overall rating out of 10 for Pepperstone?
8/10.
Does Pepperstone offer a demo account?
Yes, a demo account is offered by Pepperstone.
How long is the demo account valid?
The demo account can be used unlimited.
Does Pepperstone offer an Islamic Account?
Yes, an Islamic account option is available from this broker.
What is the minimum deposit required to open an account with Pepperstone?
$0.
How do you make a deposit and withdraw money with Pepperstone?
Pepperstone offers the following deposit and withdrawal methods:
- Credit/Debit Card
- PayPal
- Wire Transfer
- MPESA
Does Pepperstone charge withdrawal fees?
Yes, withdrawal fee outside the EU/Australia.
How long does it take to make a withdrawal?
Withdrawals may be processed within a day but depending on bank services it may take several days for the money to be available.
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