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Pepperstone

4.7(3,210)
Best ECN GlobalEA FriendlyTier-1
Founded 2010 · Melbourne, Australia
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Earn $8.20/lot

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  • Highest cashback in the market
  • Signal group from the TradingEdge Whale team
  • Daily market analysis
  • News alerts group
  • Trading courses by the Whale team
  • Special licensed gift from the broker
Active Trader Program — up to 50% commission discount for high volume
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Reviewed by TradingEdgeIC Licensed · Pro TraderLast updated Our methodology

Pepperstone is an Australian broker founded in 2010 in Melbourne, specialised in ECN execution and the favourite of algo / scalping traders. Multiple Tier-1 licenses (FCA + ASIC + DFSA + CySEC).

Deposit safety & withdrawal

Can I trust Pepperstone with my deposit? Yes — here is the institutional protection.

Pepperstone has operated for 16 years from Melbourne, Australia, licensed by 7 financial authorities (ASIC, FCA, CySEC), with client funds held in segregated accounts and negative-balance protection in place. Official withdrawal time is within 1 business day, and 96% of formal complaints are resolved — only 6 active complaints in the last 30 days across 3,210 total reviews.

Regulators
7 · ASIC, FCA, CySEC
Withdrawal time
within 1 business day
Complaints resolved
96%
Years operating
16 years
Founded 2010 · Melbourne, AustraliaSegregated fundsNegative-balance protection3 industry awardsOffice verified in person
Trust Verdict
TOP TIER · Highest safety
TradingEdge team verdict

Pepperstone is a global Tier-1 broker — 4 regulators, 16 years old, score 9.08/10. Negligible counterparty risk; suitable for any trader.

Strengths / Green Flags
  • Tier-1 license: 4 regulators (FCA / ASIC / CFTC / CySEC, etc.)
  • 16 years in business — high credibility
  • Office physically verified
  • 96% of complaints resolved
  • Segregated funds + Negative Balance Protection

This verdict is computed from licensing, company age, community reviews, and our own checks — it’s a guideline, not financial advice about Pepperstone

Cross-Check Verification
Verify trustworthiness yourself
External links · open in new tab

We recommend you cross-check every detail against official sources — click each license to query the regulator’s public register directly, and read real community reviews.

All links point to official regulator websites / independent review platforms. TradingEdge has no affiliation with these sites — they’re public data for you to verify independently.

Spread
0 pips
Leverage
1:500
Min Deposit
$0
Execution
30 ms
LP
22+
Founded
2010

Highlights

  • ECN execution under 30ms
  • Razor account — Raw spread + $7/lot commission
  • 4 Tier-1 regulators
  • cTrader + MT4 + MT5 supported
  • Free Active Trader Program
In-depth review

Read the full review — account types, deposit/withdrawal methods, asset coverage, and the comparison table on the main page.

See full review

Pros and cons of Pepperstone

Pros(4)
  • Sub-30ms ECN execution
  • 4 Tier-1 licenses (FCA, ASIC, DFSA, CySEC)
  • Razor spread close to 0.0
  • cTrader / MT4 / MT5 all supported
Cons(3)
  • $7/lot commission for Razor
  • No deposit bonus
  • No Cent account

Account Types

AccountMin DepositSpreadCommissionLeverage
Standard
ฝากขั้นต่ำ $0
$0จาก 1.0 pipsไม่มี1:500
Razor
Raw Spread สำหรับ Scalper
$0จาก 0.0 pips$3.5 / lot / side1:500
Active Trader
VIP — volume rebate
$200,000จาก 0.0 pipsลด -50%1:500
Swap-Free
อิสลาม
$0จาก 1.0 pipsไม่มี1:500

Promotions and ongoing perks

All perks you receive when signing up for Pepperstone via TradingEdge — no expiry.

Core rebate
$8.20
per lot · paid Monthly
Credited automatically within 24 hours after the order closes. No request needed, no impact on spread.
All perks included
  • $5/lot rebate, monthly
  • Active Trader Program — volume tier discount
  • Free VPS for high-volume traders
  • Pepperstone Edge — premium analysis tools
Featured promo
Active Trader Program — up to 50% commission discount for high volume

Rebates are credited directly to your Pepperstone account · they do not pass through TradingEdge · withdraw via the broker’s normal channels.

Account opening — step by step

  1. 11
    Click through the TradingEdge link

    Open the broker site via the button above — we tag you as a TradingEdge customer. (pepperstone.com)

  2. 22
    Complete KYC

    Upload Passport / National ID + selfie + proof of address.

  3. 33
    Make your first deposit

    Deposit via Local Bank / Crypto / e-Wallet. (min $0)

  4. 4
    Start trading, earn rebates

    $8.20/lot · Monthly

In-depth broker information

Complete data per international standards — Company, Regulators, Software, Funds Security, Customer Service.

Company & Legal
BrandPepperstone
Legal EntityPepperstone Group Ltd.
HeadquartersMelbourne, Australia
Founded2010 (16 years)
Active countriesTH MY SG AU GB DE KE
Trading Conditions
Spread from0 pips
Leverage1:500
Min Deposit$0
Min Lot / Max Lot0.01 / 100
Execution TypeECN / DMA Aggregation
Average latency30 ms
Liquidity Providers22+
Regulators · Full Detail
  • ASIC
    (AU)
    Regulated
  • FCA
    (UK)
    Regulated
  • CySEC
    (CY)
    Regulated
  • DFSA
    (UAE)
    Regulated
  • BaFin
    (DE)
    Regulated
  • CMA
    (KE)
    Regulated
  • SCB
    (BS)
    Regulated
Funds Security
Segregated Client Funds
Negative Balance Protection
Islamic / Swap-Free account
Scalping allowed
Hedging allowed
News Trading allowed
EA / Algo support
Copy Trading
Trading Software & Platforms
MT4MT5cTraderTradingViewPepperstone Mobile
Trading Hoursจันทร์ 00:00 — ศุกร์ 24:00 (Server GMT+2/+3 DST)
Server Latency< 30 ms (Equinix-class)
Customer Service
  • Live Chat 24/5
  • อีเมล
  • โทร AU/UK
  • WhatsApp
Asset Coverage
FX Pairs
90
Stocks CFD
1,200+
Indices
28
Commodities
16
Crypto
24
Platforms
5
Deposit / Withdrawal
Deposit methods
Visa/MastercardPayPalSkrillNetellerBPAYPOLiBitcoin/USDTWire Transfer
Withdrawal · within 1 business day
Visa/MastercardPayPalSkrillNetellerWire TransferCrypto
Awards & Recognition
  • Investment Trends 2024 — Best in Class for Trading Tools
  • Forex Brokers Awards 2024 — Best CFD Broker
  • TradingPlatforms 2024 — Best Forex Broker UK

People also ask

Is Pepperstone legit or a scam?

Pepperstone is a legitimate broker — founded in 2010 (16 years operating) from Melbourne, Australia, licensed by 7 financial authorities including ASIC, FCA, CySEC, and reviewed 3,210 times with a 4.7/5 score. 96% of formal complaints are resolved, with only 6 active in the last 30 days. The "scam" claims you see online are almost always traders who lost money trading — not the broker refusing to pay withdrawals.

How fast are Pepperstone withdrawals in practice?

Official withdrawal time: within 1 business day · payout frequency: Monthly. Pepperstone supports 6+ withdrawal methods including Visa/Mastercard, PayPal, Skrill. Withdrawals to local Thai banks usually arrive within the published window — the most common delays come from incomplete KYC documents, not the broker.

Are my funds safe with Pepperstone? (segregated accounts, negative balance protection)

Yes — client funds are held in segregated accounts at top-tier banks, separate from the broker's operating capital. Negative-balance protection is in place, so even in a flash crash you cannot lose more than you deposited. Combined with 7 regulatory licences, this is institutional-grade fund protection.

Can I open a Pepperstone account from Thailand?

Yes — Pepperstone accepts traders from Thailand. Deposits and withdrawals to Thai bank accounts work via the supported methods (Visa/Mastercard, PayPal, Skrill, etc.). Thai retail traders are usually onboarded under the broker's international entity. Verify KYC requirements (passport / utility bill) before signing up to avoid withdrawal delays.

Can I use EA, scalping, hedging, and news trading on Pepperstone?

EA / Algorithmic trading: allowed · Scalping: allowed · Hedging: allowed · News trading: allowed · Copy trading: available · Average execution: 30 ms · 22+ liquidity providers — fast enough for scalping and news strategies.

Is Pepperstone regulated in Thailand?

Pepperstone is licensed under ASIC, FCA, CySEC (7 regulators total) — these are Tier-1 international regulators (UK FCA, Australian ASIC, Cypriot CySEC class). No Thai retail forex broker is licensed by Thailand's SEC, because forex CFD retail trading is not formally regulated in Thailand — so traders typically use international Tier-1-regulated brokers like Pepperstone. The Tier-1 licence is what protects you legally.

Frequently asked questions about Pepperstone

Pepperstone is regulated by 7 authorities including ASIC, FCA, CySEC — Tier-1 globally, available in 100+ countries.

Yes — client funds are held in segregated accounts (separate from the company’s own money). Negative-balance protection is in place, so you can never lose more than you deposit. Combined with 7 licences (ASIC, FCA, CySEC), this is the standard institutional protection structure.

Minimum deposit $0 for the basic account · Spread from 0 pips · Max leverage 1:500 · Average execution 30 ms

Deposits via: Visa/Mastercard · PayPal · Skrill · Neteller · BPAY · POLi · Withdrawal time within 1 business day

EA / Algo Trading supported · Scalping allowed · Copy Trading available · Swap-Free account available

When you open a Pepperstone account through the TradingEdge link, you earn up to $8.20 per lot, paid directly to your broker account Monthly — no impact on Spread or Execution.

Editorial verdict9.1 / 10

Our verdict on Pepperstone

16 years in market · regulated by ASIC, FCA, CySEC · scored 9.1/10

Pepperstone is a 16-year-old broker headquartered in Melbourne, Australia, licensed by 7 authorities including ASIC, FCA, CySEC. Spreads start at 0 pips with average execution 30 ms via 22+ liquidity providers. Funds are segregated with negative-balance protection. Sign up through TradingEdge to earn the $8.20/lot rebate paid monthly.

Risk Disclaimer

Trading Forex / CFDs / Futures involves high risk and may not be suitable for every investor. You may lose all your invested capital — 74-89% of retail traders lose money trading CFDs (per FCA / ESMA reports). Study each broker / prop firm’s rules and your own risk tolerance before deciding.

TradingEdge is an Affiliate / Introducing Broker only and does not provide investment advice. Information on this page is gathered from public sources and may change.

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