Accepts Malaysian Clients. Average spread EUR/USD 0.09 pips with 7 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & cTrader platforms supported. Pepperstone is regulated by the FCA, ASIC, and the DFSA.
Founded in 2010, Pepperstone is an Australian ECN broker known for tight spreads, fast trade execution and broad trading platform support. As our highest rated pure ECN broker, if you want to pay a small commission for tighter spreads, you won’t find much better than Pepperstone.
Pepperstone’s award-winning 24-hour support provides the foundation for its excellent customer service, where personalised assistance is available via a number of methods. It won the fastest-growing company award (2014) in Australia, from BRW Magazine and in the same year, emerged as the winner of the Governor of Victoria Export Awards cementing its reputation as a serious contender in the industry.
Pepperstone is a good match for Australians because the broker is ASIC regulated with License #414530.  Segregated client trust accounts with the National Australia Bank keep client’s trading funds safe, and continuous compliance training is required for all staff to meet the high internal standards. Additionally, Pepperstone is also regulated under registration number 684312 by the FCA.
Account Types
Pepperstone as four account types for the traders.
Creating a demo account is easy. Inside the client area select (see above) select the Request new Demo Account and complete the form as shown below. This account will automatically close after 30 days, at which point you can open another should you need.
Standard Account
The standard account is the Pepperstone classic account which offers Interbank spreads and competitive liquidity with no commission on the trades. Use your MT4 account on this account, get negative balance protection and even electronic assistance with risk management. The standard account is a rock-solid foundation with few additional frills.
Razor Account
The razor account is the more premium of them, where Pepperstone demonstrates transparency by making the cost of every trade available to you. With this account and a minimum deposit of $200, you get even tighter spreads from deeper liquidy centres, while being allowed EAs, hedging, and scalping.
Islamic Account
Very similar in setup to the Razor account with a $200 minimum deposit this account is a straight-through-processing and swap-free account.
How to Open An Account
From the overview screen, select Request New Live Account, and then which platform, account type (see above) and leverage you would like to have for your account.
Pepperstone Account Overview
Trading Platforms
The two most popular trading platforms are available at Pepperstone.
MetaTrader4 is easy to use and has chart features and executes trades very quickly. MetaTrader4 is the gold standard of Forex trading software that is compatible with most ECN/STP brokers.
cTrader is used mainly by the more advanced Forex trader on day trades and using expert strategies.
The speed of the transactions is due to Pepperstone having a direct fibre optic link to Equinox, just 18 km from Wall Street.
Spreads and Leverage
Leverage is one of the highest on the market at 500:1 and spreads can be as low as 0.1 pips when dealing with USD/EUR in the Razon account. The spreads might even go to 0 when there is more liquidity in the market and access to capital.
Deposits and Withdrawals
Accounts can be funded with all major credit cards. Withdrawals by Australians into Australian banks is a smooth and speedy operation, as is with credit cards.
Deposits
Select an account, select the funding method and the amount.
Pepperstone Deposit Form
Once you have set up a default payment method, the quick deposit option becomes available. Again, select the trading account you wish to fund, choose the payment method and then the amount.
Pepperstone Quick Deposit Form
Withdrawals
Withdrawing should be quick and easy. This functionality is the test of a good broker. Different options are offered each with a different ETA time for the funds to land in your account.
Pepperstone Withdrawal Form
Customer Support
Pepperstone is a relatively new player in the Forex game compared to most other brokers, but it has worked hard to build an excellent reputation through good support. 24-hour email and phone assistance are available from any of the London, Melbourne, Shanghai, Dallas and Bangkok offices.
Conclusion
Pepperstone is a solid Forex trading company that provides top customer service, with great technology and with trading conditions that are hard to beat. If you want an Australian ASIC-regulated broker, Pepperstone is a strong competitor.
Accepts Malaysian Clients. Average spread EUR/USD 0.09 pips with 7 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & cTrader platforms supported. Pepperstone is regulated by the FCA, ASIC, and the DFSA.
Hi Max, it’s best to get in touch with Pepperstone customer support for the answer to your question. Most brokers will allow you to withdraw a maximum of the amount deposited via Paypal (or other online payment services) and only if you used Paypal to make your initial deposit.
Can i found a pepperstone account with paypal?
Hi Vic, yes you can! Visit Pepperstone here and go to their funding page for more info: https://forex-malaysia.my/go/broker/pepperstone/signup
Can I withdraw to my paypal account?
Hi Max, it’s best to get in touch with Pepperstone customer support for the answer to your question. Most brokers will allow you to withdraw a maximum of the amount deposited via Paypal (or other online payment services) and only if you used Paypal to make your initial deposit.