The verdict in 30 seconds
Pepperstone is a global forex and CFD broker founded in Melbourne, Australia. Known for ultra-low spreads, fast execution, and a strong range of trading platforms. Regulated by top-tier authorities including FCA and ASIC, Pepperstone serves traders in over 160 countries.
Pepperstone holds register-verified licences up to Tier 1, offers MT4, MT5, cTrader, TradingView, spreads from 0.1 pips, and leverage up to 1:500.
Best for: An approved suitability assessment is not available.
Look elsewhere if: No proprietary trading platform
Regulation & licensing
Each row shows its evidence status. «Verified on the regulator register» means ForexEF read the regulator's public register on the date shown; other rows are as disclosed by the company and remain under review. Licence status can change: check the regulator's register before opening an account.
| Regulator | Full name | Jurisdiction | License number | Tier | Evidence | Status |
|---|---|---|---|---|---|---|
| FCA | Financial Conduct Authority | UK | 684312 | Tier 1 | Verified on the regulator register (12 Oct 2026) | Active |
| ASIC | Australian Securities and Investments Commission | Australia | 414530 | Tier 1 | Verified on the regulator register (12 Oct 2026) | Active |
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 388/20 | Tier 1 | Verified on the regulator register (12 Oct 2026) | Active |
| DFSA | Dubai Financial Services Authority | UAE | F004356 | Tier 2 | Verified on the regulator register (12 Oct 2026) | Active |
Accounts, spreads & leverage
The spread band is not established by an approved account-specific review. Maximum leverage depends on the account and regulating entity.
| Account | Minimum | EUR/USD spread | Commission / lot | Execution | Leverage | Swap-free |
|---|---|---|---|---|---|---|
| Standard | $200 | 1 pips | 0 | STP | 1:500 | — |
| Razor | $200 | 0.1 pips | 7 | ECN | 1:500 | — |
| Islamic (Standard) | $200 | 1 pips | 0 | STP | 1:500 | ✓ |
Deposits & withdrawals
Withdrawal timing: not established by an approved withdrawal-specific review
| Method | Deposit fee | Withdrawal fee | Processing | Currencies |
|---|---|---|---|---|
| Bank Wire | Free | Free | 1-3 business days | USD,EUR,GBP,AUD,AED |
| Visa/Mastercard | Free | Free | Instant | USD,EUR,GBP,AUD,AED |
| Skrill | Free | Free | Instant | USD,EUR,GBP |
| Neteller | Free | Free | Instant | USD,EUR,GBP |
Trading platforms
Islamic account & our Sharia checklist
Swap-free account: Available.
A swap-free label is not the same as a Sharia-compliance verdict. Check that no overnight interest is charged under another name, replacement fees are fixed rather than interest-linked, leverage terms are understood, and the exact contract is reviewed.
Our factual note: Account-specific swap-free terms have not been editorially approved. Verify the contract and fees; this is not a religious ruling.
Who Pepperstone is for
An approved suitability assessment is not available.
- Ultra-low spreads on Razor account (from 0.0 pips)
- Regulated by FCA, ASIC, CySEC, and DFSA
- Excellent range of platforms (MT4, MT5, cTrader, TradingView)
- Fast execution with low latency
Who should look elsewhere
No broker fits everyone. Consider another option if the following limitations matter to you.
- No proprietary trading platform
- Limited educational content in Arabic
Frequently asked questions
Is Pepperstone regulated?
Pepperstone's licences with FCA (684312), ASIC (414530), CySEC (388/20) and DFSA (F004356) were checked on the regulators' public registers (12 Oct 2026). See the licence table for details.
What is the minimum deposit at Pepperstone?
The disclosed minimum deposit starts from $200.
Does Pepperstone offer an Islamic account?
Pepperstone advertises a swap-free account. This does not constitute a halal or Sharia-compliance verdict; verify its fees and terms.
What platforms does Pepperstone support?
Pepperstone supports MT4, MT5, cTrader, TradingView.
What is the maximum leverage at Pepperstone?
The disclosed maximum leverage is up to 1:500, subject to account and regulator.
How long do withdrawals take at Pepperstone?
not established by an approved withdrawal-specific review
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Editorial review date not recorded.
