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 is a leading forex broker that was established in 2010. It is owned by Pepperstone Group Limited and headquartered in Melbourne, Australia.

Six years after its founding, its subsidiary, Pepperstone Limited, was launched with the aim of providing European traders with the opportunity to access more advanced trading platforms and efficient customer service.

Pepperstone is regulated by the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), the Cyprus Securities Commission (CySec), the Kenya Securities and Markets Authority (CMA) and the Securities Commission of the Bahamas (SCB).

The company was established with one goal: to improve the trading experience by providing cutting edge technology, well-established customer support, fast execution and low spreads. Pepperstone Group Limited is renowned as one of the world's best forex and CFD brokers as it offers excellent trading conditions for all types of traders. The company has won several prestigious awards, including the 2015 Australia FX Report by Investment Trends and the 2014 Australian EY Entrepreneur Of The Year award.

All transactions are 100% automated with no dealing desk.

They are carried out instantly and settled immediately, without delays, rejections and re-quotes. Pepperstone also offers a transparent trading environment thanks to EDGE technology.

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.