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Pepperstone

🇦🇺Top Regulated ECN

True Raw ECN Spreads from 0.0 Pips with Institutional Liquidity and Ultra-Fast Execution

4.8 / 5.01250 Verified ReviewsEst. 2010Melbourne, Australia
Open Live Account
EUR/USD Spread0 pips
GBP/USD Spread0.2 pips
Commission$3.50 / side ($7.00 round turn)
Max Leverage1:500 (Pro) | 1:30 (Retail FCA/ASIC)
Min Deposit$200
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Live Measured Spreads & Trading Costs (8 Assets)

Real-time measured spreads on Raw ECN vs Standard account types for Pepperstone.

Test Live Spreads on Demo
Asset / SymbolCategoryRaw ECN SpreadStandard SpreadCommissionExecution
EUR/USDMajor Forex0.0 pips0.8 pips$3.50 / sidePure ECN DMA
GBP/USDMajor Forex0.2 pips1.0 pips$3.50 / sidePure ECN DMA
USD/JPYMajor Forex0.1 pips0.9 pips$3.50 / sidePure ECN DMA
AUD/USDMajor Forex0.2 pips1.1 pips$3.50 / sidePure ECN DMA
XAU/USD (Gold)Precious Metal1.2 pips2.4 pips$3.50 / sidePure ECN DMA
US30 / Dow JonesGlobal Index1.5 pts2.5 pts$0 (Zero)Pure ECN DMA
BTC/USD (Crypto)Crypto CFD$15.00$28.00$0 (Zero)Pure ECN DMA
US OIL / CrudeCommodities1.8 pips3.0 pips$0 (Zero)Pure ECN DMA

Trading Account Models Breakdown

Choose the optimal account structure suited to your trading style and strategy.

Recommended for Scalpers0.0 Pips

Raw Spread (ECN)

Direct institutional liquidity with zero markup on bid/ask quotes.

Commission:$3.50 / side ($7.00 round turn)
Min Deposit:$200
Platforms:MT4, MT5, cTrader
All-Inclusive Pricing0.8 Pips

Standard (STP)

Zero commission per trade with spread markup built directly into the price.

Commission:$0 (Zero)
Min Deposit:$0
Platforms:MT4, MT5
Sharia CompliantSwap-Free

Islamic Account

100% swap-free overnight holding with no interest charges for Muslim traders.

Overnight Swaps:0% (None)
Administration Fee:0 Fees
Eligibility:Muslim Traders

About Pepperstone & Server Infrastructure

Pepperstone is a leading ECN broker renowned for its ultra-tight raw spreads, institutional-grade liquidity, and lightning-fast execution. Leveraging Equinix NY4 and LD4 server co-location, Pepperstone ensures sub-millisecond trade execution for optimal trading conditions. Client funds are held in segregated accounts with Tier-1 banks, providing a high level of security and peace of mind under robust regulatory oversight.

Execution ModelPure ECN / STP DMA
Execution ServerEquinix NY4 / LD4
Average Latency< 25 milliseconds

Supported Ecosystem

Platforms:
MetaTrader 4MetaTrader 5cTraderTradingViewWebTraderMobile Apps
Tradeable Markets:
Forex (64+ pairs)IndicesCommoditiesCryptoShares CFDsMetalsFutures
Deposit & Withdrawal Methods:
Bank WireVisaMastercardPayPalSkrillNetellerUnionPayBPayApple PayGoogle Pay

Regulation & Safety Standards

Regulatory Authorities: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), SCB (Bahamas), CMA (Kenya), BaFin (Germany)
Segregated Client AccountsTier-1 Australian & UK Banks
Negative Balance ProtectionGuaranteed (100%)
Copy / Social TradingSupported
US Clients AcceptanceNot Accepted

Pros & Cons Analysis

Ultra-tight raw spreads from 0.0 pips
Sub-millisecond execution latency on Equinix NY4/LD4 servers
Direct integration with TradingView and cTrader
Zero deposit or withdrawal fees on popular methods
Strong multi-jurisdictional Tier-1 regulation
Standard accounts include a 0.8 pip spread markup (Raw Spread account recommended)
US clients are not supported under any retail entity
Limited educational resources compared to some competitors

Frequently Asked Questions about Pepperstone

What are the typical EUR/USD spreads on Pepperstone?

Pepperstone offers raw spreads starting from 0 pips on ECN/Raw accounts with transparent commission pricing.

What is the minimum deposit required by Pepperstone?

The minimum deposit to start trading with Pepperstone is $200.

Is Pepperstone safe and regulated?

Yes, Pepperstone is authorized and regulated by tier-1 authorities: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), SCB (Bahamas), CMA (Kenya), BaFin (Germany), with client funds held in segregated tier-1 bank accounts.

What trading platforms does Pepperstone provide?

Pepperstone supports MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, Mobile Apps.

Are scalping and automated Expert Advisors (EAs) allowed on Pepperstone?

Yes, Pepperstone permits all trading styles including high-frequency scalping, news trading, hedging, and automated EA bots with no restrictions.

Verified Trader Reviews

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