Pepperstone Forex Broker
Company | Pepperstone Financial Pty Ltd. |
---|---|
Founded in | 2010 |
Online since | 2010 |
Offices in | Australia, China |
Payment options | Credit Cards, Debit Cards, Moneybookers, WebMoney and Wire Transfer |
Demo Platforms | Meta Trader 4, MT4 Mobile (XOGEE). All limited to 30 days use. |
Account currencies | Australian dollar, Euro, Great Britain pound,
Japanese yen, New Zealand dollar, Singapore dollar, Swiss franc, United States dollar |
Currency pairs | AUD/CAD AUD/JPY AUD/NZD
AUD/USD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NZD EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/USD NZD/JPY NZD/USD USD/CAD USD/CHF USD/JPY USD/SGD USD/ZAR |
Regulated by | ASIC |
US Traders welcome? | No |
Website available in (languages) | Chinese, English, Japanese |
Support available in | Chinese, English, Japanese, Italian |
Support methods | Email, Live Chat, Phone and Skype |
Account Types (micro standard executive islamic) | Standard Account, Razor Account |
Minimum account size | 200 |
Minimum position size | 0.01 lot |
Spread type | Variable |
Typical spread on EUR/USD, pips | 1 Pip |
Minimum spread on EUR/USD, pips | 0.5 Pips |
Scalping | Encouraged |
Expert advisors | Encouraged |
Trading instruments (GOLD; CFD, etc. and the leverage) | Forex – 1:400, Gold & Silver – 1:400 |
Trading platforms | Meta Trader 4, MT4 Mobile (XOGEE), MT4 Web Trader (XOGEE) |
Digits after the dot in quotes | 5 |
Margin call level | 90% |
Stop-out level | 20% |
Number of currency pairs | 31 |
Free education | Yes |
Trading by telephone | Yes |
MAM accounts | Yes |
Segregated accounts | Yes |
Affiliate program | Yes |
Islamic accounts available | Yes |
· Hedging | Yes |
Overnight interest rates (swaps) | Yes |
Trailing stop | Yes |
Pending orders | Yes |
One-click trading | Yes |
Mobile trading | Yes |
Browser-based platform | Yes |
Automated trading | Yes |
Pepperstone Financial Pty Ltd or Pepperstone forex broker has its office in Australia and was established in the year 2010 and they started their internet based online trading the same year. The have a number of features which lures the traders to open an account with them which includes, free education and trading by telephone. They also offer PAMM, MAM and segregated accounts to their customers. Having segregated account means that the customer’s and company’s funds are kept separate. Islamic account is also made available to the Muslim traders who follow Islamic laws on trading. Affiliate program is also conducted for the traders. The various payment options available is credit/debit cards, moneybookers, wenmoney and wire transfer which makes deposit and withdrawal of money easy and hassle free. The company is regulated by ASIC, a regulating authority of Australia. Their website is available in Chinese, English and Japanese. The customer service is available in Chinese, English, Italian and Japanese and can be reached through email, live chat, phone and Skype. They allow 8 currencies in their accounts.
Demo accounts are also available to the customers free of cost for 30 days and the trading platforms are Meta Trader4 and MT4 Mobile (XOGEE). For real trading the customers are provided along with these platforms the MT4 Web Trader (XOGEE). They offer two types of accounts which include Standard account and Razor account and minimum amount required to open these accounts is $200 and the minimum position size is also 0.01 lots. Scalping and hedging is allowed to the traders. They also allow the use of Expert Advisor which helps in smooth trading. They allow trading in gold and silver along with forex and the maximum leverage offered is 1:400 on each. Mobile and automated trading is also available to the customers.
If you are searching for a genuine forex broker then select some through research and then read their reviews posted online by their users. Reading reviews can give you a fair idea about the performance and services of a company. Pepperstone forex broker reviews are good and most of the reviews show that they like their trading platform which helps in smooth and successful trading. They also like their web trading and mobile trading platform powered by Meta Trader 4. They also like the fact that they allow 8 differenct currencies in the trader’s account. Their customer support service is of world class and is very friendly and responsive. The minimum amount required to open an account with them is only $200 which is liked by many. Many have written that having PayPal as one of the payment options would have been an added advantage. The variable spread on the trade is also a concern for many. Many like that they have 31 currency pairs to trade in and that it has 11 exotic pairs along with the major pairs. The use of scaling and expert advisor is allowed and liked by many. The average rating given to the company is 5.6 out of 10.