Today I am looking at one of the largest brokers in the world - Pepperstone. The platform can boast of operation in over 65 countries and licenses with the highest level of credibility - FCA and ASIC. Unfortunately, the people of the European Union cannot choose which regulation is better for them and we are always registered with the FCA, which means that we are subject to European Union regulations and limited leverage.
General information about Pepperstone
- Regulation: ASIC, FCA
- Minimum deposit: 200 AUD
- Spread: Market
- Commission: from $ 0
- Maximum leverage: 1: 500 (in Poland 1: 100)
- Minimum transaction value: 0,01 lot
- Payments: Bank transfer, debit / credit card, Skrill, Neteller, Bpay, UnionPay, Paypal
- Withdrawals: Wire transfer, debit / credit card, PayPal
Types of Pepperstone accounts
Peppestone offers us four types of accounts. Below I attach a screen with the offer description. It is worth paying attention to the commissions that are charged depending on what type of account we have. Pepperstone also offers an Islamic bill.
Pepperstone platforms
The broker is based primarily on the well-known MetaTrader 4 and MetaTrader 5. We can also choose a more extensive version of cTrader. We have versions for PC, Mac and a browser version. Personally, I have never been a great supporter of MetaTrader, but cTrader is a completely different story - in my opinion, cTrader is a much more complex platform that combines simplicity of use and enormous possibilities.
Administrative
The broker provides chat support available 24 hours a day. By default, I asked 5 questions of varying levels of difficulty, and all questions were answered correctly by the consultant without major problems. This is obviously an extreme situation because few of us will ask about how to calculate the value of pip, for example, but it is good to be aware that the service knows what and how.