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Pepperstone experiences

The provider Pepperstone, who offers its services from others, shows that it can definitely be worthwhile to think outside the box when looking for a suitable online broker for trading CFDs and Forex instruments end of the world offers. From its headquarters in Australia, Pepperstone has concentrated entirely on trading at the best possible conditions. Traders have the opportunity to trade on terms that are otherwise only found in the interbank market. In concrete terms, according to the online broker's announcement, spreads are possible from as little as 0.0 points. In our test, the question of how serious Pepperstone can be rated as an online broker also plays an important role. For the sake of our readers, we want to be able to rule out that they will encounter fraud or rip-offs.

🥇 Best Seller
Rating 4.0 / 5.0
🐂 Trading Forex & CFD
📈 Underlyings over 50 currency pairs, 7 Commodities, 13 Indices
💻 Software MetaTrader 4, MetaTrader 5, cTrader
⚖️Regulation

Our experience at a glance

As part of our test, we looked at and checked a number of different criteria that, in our experience, are important for the overall rating of a provider. In addition to the trading offer, the conditions and the support options, this also includes payment options, available platforms for trading and the design of the website. However, before we go into these aspects point by point, we would like to present our most important experiences with this online broker at this point. And it quickly becomes clear that Pepperstone is a representative of the industry that focuses primarily on effective and cost-effective trading.

Depending on the account model, the traders have with this online broker the opportunity to trade on very favorable terms. In addition, trading takes place at a very high technical level. In concrete terms, this means that individual orders are executed extremely quickly and on precise and reliable terms. In the case of the most important currency pairs in particular, i.e. combinations of the highly liquid majors, the chances are extremely good that a spread level of only 0.0 points can be traded. The leverage that can be used in trading ranges up to 1:500.

Company Pepperstone Group Limited
Address Level 5, 530 Collins Street Melbourne VIC 3000 AUSTRALIA
Phone Phone +61 3 9020 0155
email [email protected] .com
Live Chat yes
Callback no

From a minimum deposit of only 200 euros be entered into trading at Pepperstone. The focus of the trading offer is in the area of ​​​​currency pairs. There are also some commodities and indices. Shares, on the other hand, cannot be traded. We also got a positive impression of the design and presentation of Pepperstone's online presence. Despite being an Australian based provider targeting the Asia Pacific markets, the Canadian version of the website is also very successful. Anyone who has ever had to deal with an offer from an online broker that has only been partially translated will know that this is not always a matter of course. In principle, however, we can state that our experience speaks for a very professional online broker, with whom both experienced customers and beginners who want to specialize in trading with currency pairs should be in good hands.

Can Pepperstone be classified as a reputable provider?

The seriousness of an online broker is an aspect that is sometimes neglected, but in our experience it is quite important. At a time when trading CFDs and Forex products is growing in popularity, more online brokers are inevitably entering the market. However, this fundamentally welcome diversity also has the disadvantage that, from the customer's point of view, it is not always easy to separate the wheat from the chaff. Unfortunately, it can never be specifically ruled out that an online broker turns out to be dubious, i.e. acts to the detriment of customers, does not fully explain risks or deals irresponsibly with traders' deposits.

Ultimately, however, it is the trader's responsibility to choose a provider that they can fully rely on in this regard. In the case of Pepperstone, we came to the conclusion that it is a completely trustworthy representative of this industry. Pepperstone has been in business since 2010 and has always proven to be reliable and economically stable. It can be assumed that customers can also expect a corresponding level in the future. This is also ensured by the Australian regulatory authority ASIC, which monitors compliance with the most important standards and, in the interests of customers, ensures that fraud or rip-offs can be ruled out.

Pepperstone offers over 70 base values ​​at top conditions|| |139

Bei Pepperstone handelt es sich nach unseren Erfahrungen um einen Online Broker, der nicht nur für Einsteiger und private Trader geeignet ist, sondern der auch ein interessantes Angebot für professionelle Händler bietet, die mit größeren Volumen am Markt aktiv werden wollen. Dies wird daraus ersichtlich, dass verschiedene Kontoversionen angeboten werden, die sich an entsprechende Kundengruppen richten. Während sich die Trader dabei überlegen können, welches Konto in Bezug auf die Konditionen am besten zu ihrem Handel passt, kann unabhängig vom Kontotyp auf das komplette Handelsangebot zugegriffen werden. Auf beide Aspekte möchten wir in diesem Abschnitt nun jeweils eingehen.

Pepperstone's website
Vorschaubild Pepperstone PlattformVorschaubild Kontotypen

Several account versions are available

A total of four are available for trading at Pepperstone Different account versions available. There is also a demo account, which can be used either separately or in parallel with a regular trading account. Customers who are not yet sure whether they really want to use Pepperstone's offer first have the opportunity to test it without obligation and without any risk. For trading with real credit, on the other hand, one of the four account versions must be selected. The Edge Standard is designed for beginners. Trading through this account is settled purely on the basis of spreads, i.e. commissions are not required. Spreads start from one pip when trading through this account. In principle, according to the announcement by the online broker, you can trade on the same terms as institutional customers. On the other hand, traders who want to trade based on pure market conditions should choose the Edge Razor account. Here, trading is based on a commission of 3.5 Australian dollars with spreads between 0.0 and 0.8 points.

But in principle, account management is also possible in other currencies and that too possible in euros. In contrast to the standard account, this Razor account mainly offers additional functions and strategies, such as hedging or scalping. So-called Expert Advisors can also be used. A modification of this account is the Islamic account, which conforms to Sharia requirements. In particular, no swaps are used here, although scalping and hedging are also possible here. The spreads in euro vs. US dollar trading are between 1 and 1.2 points, with no commissions having to be taken into account. The "Active Trader" model is also available as a fourth account, which was designed primarily for institutional customers and traders with a very high trading volume.

While the other account models described so far have an amount of only 200 Australian dollars, only traders who start with at least 25,000 Australian dollars are eligible for the "Active Traders" account. Of course, the account can also be held in other currencies, including US dollars or euros. Customers can then expect more intensive and, above all, individual support from customer service. Depending on the trading volume, it is also possible to agree on individually suitable conditions. With all account versions mentioned, however, the identical range of underlying values ​​can be used. We would like to take a closer look at this offer in the following section.

Base values ​​in the area of ​​foreign exchange, commodities and indices

We have already indicated elsewhere that Pepperstone is a Online broker who has his core competence inof the forex has. However, the broker obviously only concentrates on a very selected offer with the aim of offering customers the best conditions. Base values ​​from the categories of currency pairs, commodities and indices are available for trading. The selection is greatest in the area of ​​currency pairs, where around 50 individual combinations are offered for trading. In an extensive table, not only the available combinations, but also the expected conditions can be determined. The exchange rate ratio of euro to US dollar can be traded from a spread of 0 points, with the average value being 0.2 points.

All in all, the offer in this category includes a very large selection of different currencies. Of course, all combinations of the world's most important currencies (the majors) can be traded. In addition, the available combinations also include currencies from countries such as Russia, South Africa and Turkey. Of course, the other dollar currencies of the countries New Zealand, Singapore and Canada also play an important role. Furthermore, important currencies from Europe can be traded, including the Norwegian Krone and the Swedish Krona. Other Eastern European currencies are also available, such as the Polish zloty or the Czech koruna. And of course the Swiss franc is also on offer from the broker.

In the commodities category, both precious metals and energy stocks can be accessed. In the precious metals category, gold, silver, platinum and palladium are on the price list. You can also speculate on the prices of oil and natural gas, with Brent and WTI grades of oil available. On the other hand, the offer in CFD trading is less diversified, in which only indices are offered for trading, but shares are not available. With the selection of indices offered by Pepperstone in CFD trading, traders have the opportunity to bet on a wide variety of regions and to benefit from their development. The stocks with the most global attention such as the Dow Jones, the Nasdaq, the Nikkei as well as the EuroStoxx or the Dax are initially available. But the stock market barometers of Great Britain, France or Italy can also be traded via Pepperstone. And of course there is also the index summarizing the development of the most important Australian stocks, the AUS200. Leverage of up to 1:500 can be used for trading with the underlying assets mentioned. The corresponding leverage can be set for trading via a specific account. Of course, less strong leverage ratios are also possible. In principle, it is also possible to trade 1:1, i.e. practically without leverage. According to our experience, customers who want to trade with a focus on forex at favorable conditions will find a very good offer at Pepperstone.

Bonus for new customers is not part of the offer

A topic that has been intensively discussed again and again Topic among traders is the importance of the bonus. While some are convinced that they can benefit from a high bonus, others see it more as an influence on the trader, which is not always to their advantage. A deposit bonus provides each trader with additional capital that they can use in trading. In principle, this acts like an additional lever. However, both the amount of the bonus payment and the payment of funds are subject to extensive conditions. In this way, winnings that have been achieved using bonus credit can only be paid out when high requirements for the total trading turnover have been met. Against this background, a bonus does not have to have a positive effect on the overall result. Be that as it may, in the case of Pepperstone, traders don't have to worry about this, since a deposit bonus is currently not part of the offer either for new customers or for existing customers.

Deposit bonus: no| ||186
Bonusbedingungen:
Validity:
Other Bonuses:

Multiple deposit and withdrawal methods available

In order to be able to participate in trading in currency pairs or commodities, it is first necessary to fund the trading account. In addition to the Australian dollar, the standard currency, the Pepperstone trading account can also be managed in various other currencies, including euros. Deposits can be made using a variety of methods and providers. In principle, payments can be made by bank transfer. Various Internet-based service providers are also available. And of course it is also possible to capitalize the trading account with a credit card.

The list of service partners is long and should not be presented in full here. Among other things, VISA and MasterCard, but also with Neteller or Skrill can be deposited. While bank transfers take several working days to reach the trading account, other methods usually only take a few minutes. Pepperstone does not charge any fees. The same methods can also be used to withdraw funds. The process is processed in the customer's personal account and processed within one day, according to Pepperstone. Overall, we found Pepperstone to be very reliable in processing deposits and withdrawals in our test.

Overview of deposit and withdrawal methods
verschiedene Zahlungsmöglichkeiten können genutzt werden
Payment options: MasterCard, Visa, PayPal, Poli, Union Pay, BankWire, Qiwi, Skrill, WebMoney, Neteller, fasapay, B2B, bank transfer
Minimum deposit: 200 Euro
Gebühren: ka
Account management possible in: EUR, USD, GBP, RUB, JPY, CHF, CAD, AUD and NZD
Withdrawal Options: MasterCard, Visa, PayPal, Poli, Union Pay, BankWire, Qiwi, Skrill, WebMoney, Neteller, fasapay, B2B, Bank Transfer

Pepperstone is backed by Australian Government regulated

In terms of security, customers can feel very well looked after. It is a regulated provider. As the company's headquarters are in Australia, the relevant authority is ASIC. The requirements can be compared with those in Europe. Regulated online brokers are also obliged to respect the interests of customers Down Under. Specifically, fair trading conditions must be implemented and trading risks must be made known. Another aspect of security can be seen in the handling of customer funds. Regulated providers are required to manage company funds and customer funds separately. In the case of Pepperstone, customer funds are held at National Australia Bank or HSBC. Even in the event of insolvency, customers can continue to access their credit.

Support and customer service partly in English

Pepperstone also strives for an appropriate level of support in the area of ​​support. In contrast to the website, the support is not offered in Canadian. The online broker has a branch in London that can be reached by telephone in the event of technical problems or questions. In addition, international support can also be reached around the clock. In addition to the telephone, a live chat offer and e-mail can also be used for this.

The website is very customer-friendly

We found the Pepperstone website to be very informative and user-friendly. The online broker is quite successful in trying to offer customers the widest possible support in this way. It is therefore not always necessary to contact a responsible person by telephone. In the FAQ area in particular, many questions about retail can be clarified. The offer also includes various content aimed at the further development of traders. A guide is offered that is intended to facilitate entry into trading, in which the trading principles, the most important terms and also possible strategies are presented. Pepperstone also offers a glossary.

Mobile App

The trade itself can be processed on the basis of various platforms. In addition to versions four and five of the MetaTrader, the cTrader for professional demands is also available. In addition to the basic platforms, there are also mobile variants available that can be downloaded free of charge and installed on the corresponding end device. This also ensures sufficient flexibility for trading. The mobile versions offer extensive opportunities for trading, so that almost full trading is also possible away from the home computer.

Conclusion - Pepperstone offers professional forex trading

For our review we took a closer look at the online broker Pepperstone and got to know a very convincing representative of this branch. The provider scores above all with a very professional handling of the trade, in which operations can be carried out at very favorable conditions. The range of underlying assets has a clear focus on currencies. In addition, commodities can also be traded. The range is supplemented by a number of indices. Four account versions and several platform variants are available for trading. In addition to the classic versions for the desktop PC, the mobile versions can also be downloaded. And we have also tested a convincing provider in terms of seriousness. Not only our experience speaks for this, but also the regulation by the Australian authority ASIC.

Roland Herrmann
Pepperstone can be traded at extremely favorable conditions.
4.0 / 5.0 rated byRoland Herrmann
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