Pepperstone | Brokerscout.ai

There are no bonuses from the broker

Unfortunately, there are no bonuses from this broker

Basic information

The broker, with 13 years of experience in the industry, provides clients with stability and long-term reliability. The TrustPilot rating at a high level of 4.5 indicates the positive attitude of users. Significantly, the company is subject to regulation by leading bodies such as ASIC, FCA, DFSA, CMA, SCB, BaFIN, and CySEC, which emphasises its strict standards of security and compliance across multiple jurisdictions.

Years in business 13
Trustpilot rate 4.5
Regulation ASIC,FCA,DFSA,CMA,SCB,BaFIN,CySEC

Support and education

Information that will help the trader to interact with the broker, as well as to engage in self-education.

The broker provides 24/5 customer support and service in 5 languages, providing convenience for traders during the working week. The availability of introductory videos and videos on working with the platform enriches the educational experience. A comprehensive glossary and articles provide clients with quality educational material. Three trader calculators provide analytical capabilities. Webinars add variation to the educational process, although the lack of courses and certifications may limit the depth of learning. Offline sessions are not currently provided.

Support schedule 24/5
Support languages 5
Onboarding videos Yes
Platform videos Yes
Deposit & withdrawal videos No
Glossary & articles Yes, extended
Trading calculators 3
Courses & Certificates No
Webinars Yes
Offline sessions No

Promotions

Information about broker's bonus programs.

The broker does not offer no-deposit and welcome bonuses, as well as no bonuses for subsequent deposits and cashback. There are no tournaments and bonuses for subsequent deposits. Nevertheless, the broker encourages clients to participate in the "Bring a Friend" promotion, where you can get a maximum of $1,000 for each friend brought in, subject to certain additional conditions.

No deposit bonuses No
Welcome bonus No
Retention bonuses No
Cashback No
Tournaments / Contests No
Refer-and-Earn Yes, maximum 1000$

Platforms

Information about the main trading platforms of the broker.

The broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It also has its own trading platform, but it is worth noting that it is not available for iOS users. Copytrading is mainly implemented in the form of social trading. At the moment, there are no signal providers available. This information may be useful for traders choosing a broker depending on the platforms and functionality provided.

Metatrader 4 Desktop, mobile
Metatrader 5 Desktop, mobile
Own platform Desktop, mobile
Copytrading Social
Signal providers No

Trading

Information about the broker's trading and traded assets.

The broker offers Islamic accounts that comply with the principles of Islamic finance. The maximum leverage on the platform is 1:500, providing traders with the opportunity to utilise their investments more efficiently. The minimum leverage is set at 1:20, providing a more conservative approach to risk management. The total number of assets on the platform is 1,300, providing a wide range of trading instruments for portfolio diversification. It is important to note that commodity rollover is not provided, which may affect traders' strategies focused on holding positions in the commodities market. Also, the broker does not provide synthetic assets, which should be taken into account when planning trading strategies.

Islamic accounts Yes
Max leverage 1:500
Min leverage 1:2
Assets: total count 1300
Assets: currencies Major, minor, local exotic
Assets: cryptocurrencies 21
Assets: stocks 1175
Assets: commodities 17
Assets: commodities rollover No
Assets: Indices Major, minor, exotic
Assets: synthetics No

Deposit and withdrawal

Information about the interaction between the trading account and the broker.

The broker provides trading accounts with base currencies of the Forex market (FX Majors). An important advantage is the absence of commission for deposit, which ensures convenience in managing funds. However, it should be taken into account that there is a commission for withdrawal of funds. Traders can choose any amount for minimum deposit and withdrawal, which makes the platform flexible and accessible for different investors.

Account currencies Major
Withdrawal commission Yes
Deposit comission No
Minimum deposit 1$
Minimum withdrawal 1$

Screenshots

Home page of the site (desktop)
Home page of the site (desktop)
Home page of the site (mobile)
Home page of the site (mobile)
Main page (desktop)
Main page (desktop)
Main page (mobile)
Main page (mobile)
Menu
Menu
Assets
Assets
Buy/sell EURUSD
Buy/sell EURUSD
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Risk Warning

Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility

Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility