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4.4

Overall rating

4.3

(101 reviews

)

User Rating

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User Reviews (101)

Forum Posts (7)

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Live Spreads
User reviews
Overall rating
Regulation
Available Assets
Live Swap Rates
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Live Spreads

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
Pepperstone - StandardCommission - free	1.18	3.66	4.31	3.05	0.58	0.032	0.31
Pepperstone - RazorCharging Commission	0.83	3.71	4.57	3.04	0.59	0.032	0.31
IC Markets - Raw SpreadCharging Commission	1.53	11.33	13.89	8.92	0.33	0.043	0.19
Admirals - TradeCommission - free	2.20	9.46	13.21	8.29	1.39	0.041	0.71
IC Markets - StandardCommission - free	1.52	11.10	13.43	8.68	0.34	0.044	0.19
HFM - Zero SpreadCharging Commission	3.29	5.50	20.89	9.89	0.23	0.095	0.16
HFM - PremiumCommission - free	5.40	8.01	24.11	12.51	0.41	0.097	0.26

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
Pepperstone - StandardCommission - free	1.18	3.66	4.31	3.05	0.58	0.032	0.31
Pepperstone - RazorCharging Commission	0.83	3.71	4.57	3.04	0.59	0.032	0.31
IC Markets - Raw SpreadCharging Commission	1.53	11.33	13.89	8.92	0.33	0.043	0.19
Admirals - TradeCommission - free	2.20	9.46	13.21	8.29	1.39	0.041	0.71
IC Markets - StandardCommission - free	1.52	11.10	13.43	8.68	0.34	0.044	0.19
HFM - Zero SpreadCharging Commission	3.29	5.50	20.89	9.89	0.23	0.095	0.16
HFM - PremiumCommission - free	5.40	8.01	24.11	12.51	0.41	0.097	0.26

Brokers	Forex	Commodities
Pepperstone - StandardCommission - free	1.18	3.66	4.31	3.05	0.58	0.032	0.31
Pepperstone - RazorCharging Commission	0.83	3.71	4.57	3.04	0.59	0.032	0.31
IC Markets - Raw SpreadCharging Commission	1.53	11.33	13.89	8.92	0.33	0.043	0.19
Admirals - TradeCommission - free	2.20	9.46	13.21	8.29	1.39	0.041	0.71
IC Markets - StandardCommission - free	1.52	11.10	13.43	8.68	0.34	0.044	0.19
HFM - Zero SpreadCharging Commission	3.29	5.50	20.89	9.89	0.23	0.095	0.16
HFM - PremiumCommission - free	5.40	8.01	24.11	12.51	0.41	0.097	0.26

Brokers	Forex	Commodities
Pepperstone - StandardCommission - free	1.18	3.66	4.31	3.05	0.58	0.032	0.31
Pepperstone - RazorCharging Commission	0.83	3.71	4.57	3.04	0.59	0.032	0.31
IC Markets - Raw SpreadCharging Commission	1.53	11.33	13.89	8.92	0.33	0.043	0.19
Admirals - TradeCommission - free	2.20	9.46	13.21	8.29	1.39	0.041	0.71
IC Markets - StandardCommission - free	1.52	11.10	13.43	8.68	0.34	0.044	0.19
HFM - Zero SpreadCharging Commission	3.29	5.50	20.89	9.89	0.23	0.095	0.16
HFM - PremiumCommission - free	5.40	8.01	24.11	12.51	0.41	0.097	0.26

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

4.3

(101

)

Ranked 63 out of 1740 (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.

9 February 2025

Approved reviewer

Location: Indonesia

9 February 2025

5.0

Approved reviewer

deposit cepat dan bisa trading melalui tradingview.... mt5 excecution fast .... no delay delay

Translation:
fast deposit and can trade via tradingview.... mt5 fast execution.... no delay

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4 June 2024

Verified reviewer

Location: Barbados

Account types: Standard , Razor

4 June 2024

4.0

Verified reviewer

I have been using Pepperstone as my broker for some 4 years now and I have no complaints.

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14 August 2023

Approved reviewer

Location: United Kingdom

14 August 2023

4.0

Approved reviewer

Tight spread, good customer support, reliable broker

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28 May 2023

Verified reviewer

Location: Kenya

Account types: Razor

28 May 2023

5.0

Verified reviewer

e of the best trading platform that i have use that is legit and efficiency of high level. thank you

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5 January 2023

Verified reviewer

Location: Malaysia

Account types: Standard

5 January 2023

5.0

Verified reviewer

The services relating to account management are excellent.

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Show more (101 total)

Pepperstone Overall rating

4.4

Ranked 16 out of 1740 (Forex Brokers)

Overall rating is derived from an aggregate of ratings in multiple categories.

	Rating	Weight
User rating	4.3 (101 reviews)	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	Deposit Compensation Scheme	Max. Leverage Retail Clients
Pepperstone Group Limited	Australia - AU ASIC		30 : 1
Pepperstone EU Limited	Cyprus - CY CYSEC	up to €20,000	30 : 1
Pepperstone Limited	United Kingdom - UK FCA	up to £85,000	30 : 1
Pepperstone Markets Limited	Bahamas - BS SCB		200 : 1
Pepperstone Markets Kenya Ltd	Kenya - KE CMA		400 : 1
Pepperstone Financial Services (DIFC) Limited	United Arab Emirates - AE DFSA		30 : 1

Available Assets: Search all tradable instruments

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

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11

Brokers	Forex	Commodities
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11

Brokers	Forex	Commodities
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50

Brokers	Forex	Commodities
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11

Brokers	Forex	Commodities
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50

Brokers	Forex	Commodities
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50

Brokers	Forex	Commodities
Pepperstone	-0.790.36 Pips	0.70-2.63 Pips	-0.12-0.42 Pips	-0.48	-46.8220.42 Points	-0.76-2.56 Points	-7.43
HFM	-0.850.00 Pips	0.00-3.79 Pips	-0.20-0.57 Pips	-0.90	-47.120.00 Points	-3.30-3.40 Points	-13.45
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-576.79267.39 Points	-4.91-6.13 Points	-80.11
IC Markets	-0.720.32 Pips	1.36-2.58 Pips	0.02-0.38 Pips	-0.33	-46.0822.27 Points	-0.89-1.29 Points	-6.50

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

4.3

(101

)

Ranked 63 out of 1740 (Forex Brokers)

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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Cashback rebates
Notes
What are rebates?
How do rebates work?
How much rebates can I earn?

Pepperstone Cashback rebates

Setup Cashback

We will beat any competitor offer!*

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.

	Standard	Edge Razor
Forex	FX Majors: 0.30 Pips FX Others: 0.375 Pips	Monthly Cash Back 1.15 USD 1.15 AUD 0.86 EUR 0.74 GBP 1.09 CHF 1.15 CAD 1.50 SGD 1.57 NZD 9.29 HKD --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.

	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 1.15 USD 1.15 AUD 0.86 EUR 0.74 GBP 1.09 CHF 1.15 CAD 1.50 SGD 1.57 NZD 9.29 HKD --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: 0.90USD, 0.90AUD, 0.85CHF, 0.67EUR, 0.58GBP, 7.25HKD, 1.22NZD, 1.17SGD.

Rebate is converted to USD upon trade close.

Rebates are not paid for:

Accounts registered with: CySEC, German BaFin entities
Residents of Japan, France, Belgium
Islamic, Spread Betting or Active Trader accounts
EU and UK 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:

Instrument

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EUR/USD 1 Pip Size

The Right Index I - Discussion

Created: 21 May 2024

7 replies

4 participants

Add a post

10 months ago

Discussion Starter

FXV Moderator

Location: Italy

Joined: 5 years ago

10 months ago

Hello Traders 👋🏻 Another round of the biggest demo trading competition of 2024 is open for registrations! This round's theme: INDICES! Show you trading skills, register now! 10 cash prizes, and a chance to get a "ticket" for the final in December to share a prize pool of $30,000!

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Pepperstone Promotes Mariia Erokhina to General Manager of Information Security and Compliance

a day ago

News Discussion Forum

By Finance Magnates

Pepperstone Promotes Mariia Erokhina to General Manager of Information Security and Compliance

The Australia-based forex and CFD brokerage firm Pepperstone promoted Mariia Erokhina to General Manager, Information Security and Compliance.

pepperstone

21 days ago

News Discussion Forum

By Finance Magnates

Pepperstone, Mintos, 4OTC, and More: Executive Moves of the Week

This week in our executive moves summary, Pepperstone appointed a New Head of Client Experience; former N26 Marketing Director Kertu-Liina Lehismäe joined Mintos; Trading Tech Firm 4OTC onboarded K...

leadership changes

executive

executive moves

executive transitions

Pepperstone

23 days ago

News Discussion Forum

By Finance Magnates

Pepperstone Appoints FP Markets’ Kim Reilly as Head of Client Experience

Pepperstone appointed Kim Reilly as its new Head of Client Experience. Reilly, a seasoned executive in the FX and CFD trading industry, joins from FP Markets, where she played key roles in client r...

pepperstone

FP Markets

a month ago

News Discussion Forum

By Finance Magnates

Tesla, Wall Street Giants Made 80-90% of Gains After Hours, New Pepperstone Data Shows

Nearly all price gains in major technology stocks on Wall Street have occurred outside regular trading hours over the past year, according to new market data released today (Monday).

pepperstone

Pepperstone Forum Discussion

Live Spreads

Pepperstone User reviews

Pepperstone Overall rating

Regulation

Available Assets: Search all tradable instruments

Live Swap Rates

Pepperstone Profile

Pepperstone Promotions

Pepperstone User reviews

Pepperstone Cashback rebates

Notes

What are Pepperstone rebates?

How do Pepperstone rebates work?

How much Pepperstone rebates can I earn?

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