Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated January 2025
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Live Spreads

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We analyze the combined spread and commission cost averaged over time. The table above displays combined spread and commission costs sampled from live accounts using our spread analyzer tool. To compare Pepperstone to other brokers or symbols than the ones shown, click the orange edit button and select new brokers or symbols.

The spread is the difference between the bid (sell) and ask (buy) price of an asset. Commission is also charged on top of the spread on some account types and constitutes an additional transaction cost.

Pepperstone User reviews

4.2
(100 )
Ranked 56 out of 956 (Forex Brokers)
This rating is based on 95 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

Pepperstone Overall rating

4.3
Ranked 46 out of 956 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
4.0
3
Regulation
5.0
2
Pricing rating
4.5
1
Features
Not rated
1
Customer Support
Not rated
1

Regulation

Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Pepperstone Group Limited 30 : 1
Pepperstone EU Limited up to €20,000 30 : 1
Pepperstone Limited up to £85,000 Professional Clients Only 30 : 1
Pepperstone Markets Limited 200 : 1
Pepperstone Markets Kenya Ltd 400 : 1
Pepperstone Financial Services (DIFC) Limited 30 : 1

Available Assets: Search all tradable instruments 

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The live symbol search above is taken from live accounts synced to our system.

CFDs (Contracts for Difference) allow traders to speculate on the price movement of various assets without owning the underlying asset. This can provide leverage and flexibility but can also increase risk.

Live Swap Rates

Swap Rate: Long Position
Swap Rate: Short Position
Swap Rate Calculation Method
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Data from the table above is taken from live accounts using our swap rate analyzer tool. To compare the swap rates of different brokers or symbols than the ones shown, click the orange edit button. 

Swap rates, also known as financing fees, are charged by brokers for holding positions overnight. These fees can either be positive or negative. Positive swap rates pay out to the trader, while negative swap rates incur a cost. 

Pepperstone Profile

Company Name Pepperstone Group / Pepperstone Markets Limited
Categories Forex Brokers, Forex Rebates
Primary Category Forex Brokers
Year Founded 2010
Headquarters Australia
Office Locations Bahamas, China, Thailand, Ukraine, United Kingdom, United States
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD, HKD
Client funds bank National Australian Bank (NAB)
Support Languages Arabic, Chinese, English, French, German, Italian, Spanish, Thai, Vietnamese
Funding Methods Bank Wire, BPAY, China Union Pay, Credit/Debit Card, Neteller, PayPal, POLi, Skrill, Local Bank Transfer
Financial Instruments Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs, Soft Commodities (coffee, sugar...)
Prohibited Countries Afghanistan, Armenia, Antarctica, American Samoa, Azerbaijan, Bosnia and Herzegovina, Belgium, Burundi, Bhutan, Belarus, Belize, Canada, Central African Republic, Congo, Ivory Coast, Cameroon, Western Sahara, Eritrea, French Guiana, Guinea, Guadeloupe, South Georgia and the South Sandwich Islands, Guam, Guinea Bissau, Guyana, Haiti, Iraq, Iran, Japan, St Kitts and Nevis, North Korea, South Korea, Kazakhstan, Lebanon, Liberia, Libya, Mali, Myanmar, Martinique, Mozambique, Nicaragua, New Zealand, French Polynesia, Puerto Rico, Reunion, Russia, Sudan, Somalia, Suriname, Syria, Turks and Caicos Islands, Chad, Tajikistan, Turkmenistan, Tunisia, United States, Uruguay, Saint Vincent and the Grenadines, Venezuela, Virgin Islands, U.s., Vanuatu, Samoa, Yemen, Mayotte, Zimbabwe, Palestine, Holy See (Vatican City State), St Lucia, South Sudan
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

Pepperstone Promotions

Pepperstone User reviews

4.2
(100 )
Ranked 56 out of 956 (Forex Brokers)
This rating is based on 95 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.

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Pepperstone Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Standard Edge Razor
ForexFX Majors: 0.30 Pips
FX Others: 0.375 Pips
Monthly Cash Back
1.24 USD
1.15 AUD
0.86 EUR
0.76 GBP
1.09 CHF
1.15 CAD
1.50 SGD
1.57 NZD
9.29 HKD
100.14 JPY

--OR--

 Paid Direct to Your Broker Account 
12.857% Of Commissions Paid
+
Monthly Cash Back
3.64%  Of Commissions Paid
OtherNo Rebates Paid
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Standard
Forex FX Majors: 0.30 Pips
FX Others: 0.375 Pips
Other No Rebates Paid
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Edge Razor
Forex Monthly Cash Back
1.24 USD
1.15 AUD
0.86 EUR
0.76 GBP
1.09 CHF
1.15 CAD
1.50 SGD
1.57 NZD
9.29 HKD
100.14 JPY

--OR--

 Paid Direct to Your Broker Account 
12.857% Of Commissions Paid
+
Monthly Cash Back
3.64%  Of Commissions Paid
Other No Rebates Paid
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

12.857% of commissions paid are based on account currency: 0.97USD, 0.90AUD, 0.93CHF, 0.67EUR, 0.59GBP, 7.25HKD, 78.10JPY, 1.22NZD, 0.98SGD.

Rebate is converted to USD upon trade close.

Rebates are not paid for:
  • Accounts registered with: CySEC, German BaFin entities
  • Residents of Japan, Mainland China, France, Belgium
  • Islamic, Spread Betting or Active Trader accounts
  • EU and UK retail accounts

What are Pepperstone rebates?

Pepperstone rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Pepperstone rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Pepperstone rebates can I earn?

Use our forex rebate calculator to estimate your Pepperstone rebate earnings:

 
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Pepperstone Symbols

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