PEPPERSTONE

Company information

Company name
Pepperstone
Website
pepperstone.com
Company Headquarters
Melbourne, Australia
Account Minimum
AUD$200

PEPPERSTONE

Ratings :
2.9/5

Pepperstone is an Australian forex broking that also offers CFDs. It was founded in 2010 and opened its London office in 2015 for the betterment of its European clients. After Brexit, new clients registering from the EU are served with the aid of their German and Cyprus arm. Although the required Pepperstone minimum deposit is none but still some of the CFD brokers in the market demand at least $2000.

Pepperstone is taken into consideration as a secure trading spot because it’s regulated by 3 top-tier financial authorities: The United Kingdom’s financial Conduit (FCA), Germany’s BaFin and the Australian securities and investments commission (ASIC).

Pepperstone’s Pros and Cons

Some of the major pros of Pepperstone is that, Pepperstone’s account opening process is speedy, smooth, and absolutely digital. Customer service presents to the point and relevant answers. Deposit and withdrawal strategies are user-friendly and, in most instances, free of charge.

On the other hand, Pepperstone’s cons include, you could only trade CFDs.

Pepperstone’s Expenses

Pepperstone has low forex and non-trading fees, as no state of being inactive account fee is charged. But as per the CFD financing rates, i.e. Costs for containing CFD positions over night, are high for some belongings. Even though Pepperstone offers a no-extra charge policy with complete transparency. Therefore, in case of any extra price no additional offers may additionally encompass, no foreign exchange and withdrawal expenses. On the opposite, it does charge excessive fees for holding positions overnight. Although, Pepperstone really do have come up with a way to manage the expenditure of the traders which goes in three levels; low, average and high based on how they review all reviewed brokers.

  • Buying and selling costs arise while you trade. Those can be commissions, spreads, financing rates and conversion expenses.
  • Non-trading charges encompass costs not immediately related to trading, like withdrawal fees or state of being inactive expenses.

Pepperstone trading fees is low and is usually charged in the form of commissions and spreads. The fee varies relying on the buying and selling platform you use. The commissions according to lot, i.e., the commission for opening and last $100k positions, are:

  1. $7.53 for Metatrader 4
  2. $7.00 for Metatrader 5
  3. $7.00 for cTrader

Even when we talk about non-trading, Pepperstone has low non-trading fees with no inactivity or account fees. From withdrawal for credit score to bank transfer withdrawal, Pepperstone charges no fees.

Customer Services

Pepperstone customer service is brilliant. You may reach them on several channels and will get quick and applicable solutions. However, it does no longer operate on weekends. Still, you can contact Pepperstone through:

 

  • Live chat
  • Cellphone
  • Email

The customer service providers offer very short and applicable responses to email queries as well. They reply within some hours and their solutions are clear with relevant links attached. Pepperstone customer service is now available in several languages including English, Russian, Vietnamese and Thai.

We, at Pepperstone offer customer support 24 hours a day from Sunday to Friday

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Huzaif Ahmed
Huzaif Ahmed
6 months ago

I love their trading offers and promotions, they are the best at it. I have benefited from so many services.

Aniqa Naz
Aniqa Naz
5 months ago

I would not recommend Pepperstone, their withdrawal takes over a month and that too after so many complaints and chats with their customer support.

Khuda Bux
Khuda Bux
6 months ago

They are the worst, their platform has problems with spreads and price movements. To top that, when I tried to withdraw my amount, it also took so much time and their service agents had no idea what happened or how to help.

Shahid Ghulam
Shahid Ghulam
6 months ago

Their support team is the best! They have helped me multiple times

Shan Shahid
Shan Shahid
6 months ago

Pepperstone is a terrible broker. I am regretting working with them so much.

Uzair Ali
Uzair Ali
2 months ago

I adore their trade deals and promos. Their customer service is outstanding!

Majid Iqbal
Majid Iqbal
2 months ago

Pepperstone is a lousy broker. I’m really kicking myself for working with them. I would not suggest Pepperstone since withdrawals take over a month.

Yahya Haris
Yahya Haris
2 months ago

Don’t invest with Pepperstone. Not a good broker. Customer service sucks. They are not well trained or well informed.

Darakhshan
Darakhshan
1 month ago

Excellent trading platform and great overall trading experience. I have been using this broker service for quite some time and I am truly satisfied. They always attend to trading concerns promptly and tools are good as well.

Murtaza Khan
Murtaza Khan
1 month ago

Fast execution, swift withdrawals, and good services are just among the good things I like about this broker. Not just a good broker but one of the best forex broker in the industry. They’ve got fair trading terms and efficient trading services.

Umar Ahsan
Umar Ahsan
1 month ago

Dedicated to helping me with all of my trading needs. Smooth withdrawals and good customer service are the highlights of this company’s services. Will surely keep the services.

Mustaghfir
Mustaghfir
1 month ago

No withdrawal delays. The trading review seems to work well for me, I am getting good profit on my trades. Tools are a bit complicated but nevertheless, they are good brokers for day-trading.

Ibhraim Ali
Ibhraim Ali
23 days ago

Fast and easy withdrawals. Prompt customer service and good trading tools, too. This is one of the best brokers in the industry.

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