Pepperstone Fees and Spreads trading involves fees from USD 3.50 / ZAR 63, spreads from 0.01 pips to 0.86 pips, and commission-free trading depending on the account traders select. With a minimum deposit fee of $200.
Pepperstone Fees and Spreads – 8 key points quick overview:
- ☑️Pepperstone at a Glance
- ☑️Pepperstone Fees and Spreads
- ☑️Pepperstone Additional Trading Fees
- ☑️Pepperstone Broker Fees
- ☑️Customers Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Pepperstone At a Glance
Pepperstone Fees and Spreads
Pepperstone spreads on EUR/USD start from 0 pips.
Fees spreads, and commissions that traders can expect on the company’s spread list when trading with Pepperstone are as follows:
- Pepperstone spreads on MetaTrader 4 and MetaTrader 5 platforms are variable, with prices coming from many providers and sources to ensure the best price.
- During liquid times, spreads can go as low as 0 pips on the EUR/USD on the Razor account.
- Minimum and average spreads are listed on the company website.
- MT4 Razor account commissions per 0.01 lots (trading account currency USD) are USD 0.04 (USD 0.08 round turn) and commission per 1 lot is USD 3.50 (USD 7 round turn).
- MT4 Razor account commissions per 0.01 lots (trading account currency USD) are EUR 0.03 (EUR 0.06 round turn) and commission per 1 lot is EUR 2.61 (EUR 5.23 round turn).
Pepperstone Additional Trading Fees
When trading financial instruments such as forex, traders can expect overnight fees or swap fees will be applicable when positions are held for longer than one trading day. Each currency pair has its own swap rate and is measured on a standard size of 1.0 lots (100,000 base units).
Pepperstone does provide for an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.
The Pepperstone support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.
📊 Pepperstone | 📈 IC Markets | |
📈 EUR / USD fee | $6.4 / R 102.40 ZAR | $6.7 / R 107.20 ZAR |
📉 GBP / USD fee | $5.9 / R 94.40 ZAR | $5.1 / R 81.60 ZAR |
📈 AUD / USD fee | $8.0 / R 128.00 ZAR | $6.1 / R 97.60 ZAR |
📉 EUR / CHF fee | $4.3 / R 68.80 ZAR | $4.2 / R 67.20 ZAR |
📈 EUR / GBP fee | $8.3 / R 132.80 ZAR | $7.2 / R 115.20 ZAR |
Pepperstone Broker Fees
Pepperstone does not charge deposit fees or inactivity fees.
High bank withdrawal fees are charged outside the EU/Australia.
Customer Reviews
🥇 Great Stuff!
My six-month experience with Pepperstone has been quite beneficial. I chose them because they provide competitive spreads on my trading instruments, a simple digital verification process for opening DEMO and LIVE accounts, and a connection with TradingView’s API. – Daniel Ferreira
🥈 Exceptional.
This broker has completely wowed me. Withdrawals have been simple, regardless of the amount. I intend to expand my investment and remain loyal to them in the long run. They are simply exceptional. – Siyamthanda Dlamini
🥉 Top Support!
Alberto has been quite helpful, providing many invaluable resources for a novice trader. His support has helped to clarify several doubts, which has increased my confidence in making trading judgments. His demeanor is both approachable and professional. – Olivia Coetzee
Pros and Cons
Conclusion
Pepperstone Fees and Spreads trading involves fees from USD $3.50 / R 63 ZAR, spreads from 0.01 pips to 0.86 pips, and commission-free trading depending on the account traders select. With a minimum deposit fee of $200.
You might also like: Pepperstone Review
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You might also like: Pepperstone Islamic Account
Frequently Asked Questions
How many instruments can I trade with Pepperstone?
You can trade several different instruments with Pepperstone, which include the following:
Which platforms are supported by Pepperstone?
Pepperstone provides the following popular trading platforms:
- MetaTrader 4 and 5
- MetaTrader Signals
- DupliTrade
- Capitalise.ai
- myFxbook
- cTrader
- TradingView
- cAlgo
Does Pepperstone offer leverage?
Yes, up to 1:400 for clients.
What spreads can I expect with Pepperstone?
Pepperstone offers spreads from 0 pips.
Does Pepperstone charge a commission?
Commission from AUD$7 round turn per 100 000 traded.
Are there additional charges on the Islamic account?
Pepperstone does offer an Islamic Account. Some brokers charge extra fees on Islamic accounts – either in wider spreads, additional commissions, or administration fees to make up for money that they lose by not charging overnight fees.
New Islamic traders should enquire about these special conditions or extra fees before joining because it is often overlooked or not indicated on the account features pages.
Is Pepperstone regulated and by whom?
Pepperstone is regulated by the ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB.
Is Pepperstone a recommended forex trading broker for experts and beginners?
Pepperstone offers a fair-trading environment for most types of traders.
What is the overall rating out of 10 for Pepperstone?
8/10.
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