A review of Pepperstone - an STP/no dealing desk forex broker

• Interbank spreads starting at 0.1 pips
• MetaTrader 4 trading platform
• Regulated broker (FCA, ASIC, CySEC,
  BaFin, DFSA, SCB)
• STP, 22 banks and liquidity suppliers
• Protection against negative balances
• All trading styles are accepted
• Micro lots (1000 units)
• Open an account with as little as 150 €/$/£

Pepperstone Financial is a broker based in the United Kingdom. The company provides trading solutions that are sophisticated enough to satisfy experienced traders, but simple enough for beginners to use. Pepperstone offers superior technology with fast order execution, low spreads, and a knowledgeable customer service team. All transactions are 100% automated without a "dealing desk". All transactions are immediately processed and imediately settled, with no delays, no order rejection and no re-quoting.

Pepperstone also offers a transparent trading environment thanks to the EDGE technology.

Pepperstone Limited is registered in England and Wales (company number 08965105) and is regulated by the Financial Conduct Authority (FCA). The FCA requires financial services firms to comply with strict capital requirements and to implement and comply with internal procedures that include risk management, personnel training, accounting and auditing.

Pepperstone accounts

The benefits of EDGE technology

ECN forex order book


Faster: Improved order execution speed, up to 12x faster, reducing latency thanks to fiberoptic connections linked to interbank servers in New York. One-click trading on MT4 for ultra-fast order placement.

Low latency: EDGE connects directly to the bank's servers and to Pepperstone's MetaTrader server. The very low latency reduces slippage and increases execution speed.

Lower spreads: Multi-bank aggregation within New York's ECN network allows Pepperstone to offer the tightest spreads in the interbank market.

Market Depth and order book: EDGE allows you to see the depth of the ECN market on the MT4 platform. Traders can analyze the order book and the amount of liquidity that's available. Since there is no central exchange for the forex market, liquidity is fragmented across multiple trading locations. EDGE unifies these locations and offers unparalleled market depth.

Advanced trading algorithms and routing: EDGE's technology intelligently routes orders to detect market hot spots and offer optimal pricing. If price moves to your advantage when you are placing an order, the PPI technology can improve the price in your favour.



Types of Pepperstone accounts

Types of Pepperstone accounts

Pepperstone brokerage news

Risk warning

Combining leverage with derivative products can generate very rapid losses. Please ensure that you fully understand the risks involved before you engage in such transactions. Forex and CFD trading is not suitable for investors who are not able to withstand losses greater than their initial deposit.