Type: Forex

Location: Melbourne, Australia

Founded in: 2010

Regulation: Australian Securities and Investments Commission (ASIC)

Leverage: 400:1

Scalping: Yes

One Click Trading: Yes

EA trading: Yes

Market analysis: Yes

Languages available: English, Hindi, Japanese, Korean, Russian, Chinese

Contact methods: Phone, Live chat, E-mail

Support hours: 24/5

Deposit Options: Credit Card, Skrill, Wire Transfer, PayPal

Withdrawal Options: Credit Card, Skrill, Wire Transfer, PayPal

Founded in 2010, Pepperstone is Australia’s fastest growing forex broker. With an ideal ‘no desk’ broker approach, Pepperstone provides its clients with one of the fastest trade execution speeds, some of the lowest spreads and reduced slippage, all of which give traders an idyllic advantage. The company is based in Melbourne, Australia however it now has offices in Shanghai, China and Dallas in the USA. With the company experiencing exponential growth since its establishment, Pepperstone has well earned it’s place in Australia’s top 5 companies for forex broking. Given this status, a review of the company has been provided below in order to outline what the company is offering to its clients and what type of trader the company might be best suited to.

Pepperstone has won a variety of prestigious awards, including:

  • Investment Trends- Australia FX Report – Best Customer Service
  • Investment Trends- Australia FX Report – Best Overall Client Satisfaction
  • Australian EY Entrepreneur of the Year
  • BRW Fast Starters- Winner Fastest Growing Company in Australia
  • Winner of Governor of Victoria Export Awards
  • Deloitte Technology Fast 50 Award- Winner Rising Star
  • BRW Fast Starters- Pepperstone named in top 100 fastest growing companies in Australia
  • Trading with Pepperstone

Pepperstone has directed their focus to providing traders with very low-cost pricing across all CFDs, FX and commodities as well as ensuring that they provide the highest level of security with tight financial regulations and award winning customer support. The company offers a variety of online trading platforms such MetaTrader4, the most popular online trading platform, as well as cTrader, WebTrader and mobile apps for Android, iPhone and tablets.  Conforming well to it’s true ‘ecn broker’ approach, Pepperstone allows Australian forex traders to make direct trades leading bank systems and other currency pools. The company has termed this their ‘edge environment’ and as there is no dealer desk intervention, clients are able to make ultra-fast trade placements. Pepperstone has capitalised on two key factors which makes their brokers execution speeds up to 12 times faster than competitor.
  • Optical Fibre Network from Australia to Wall Street

Pepperstone uses an optical fibre network that runs from Sydney to their New York equinox servers which results in up to 10x latency reductions from this factor alone.

2) MetaTrader Master Server System

Pepperstone has set up a partnership with Equinix which is one of NASDAQ’s leading listed firms. As Equinix has servers located near Wall Street, this allows Pepperstone clients to access low-latency networks and the ability to exchange data with their strategic partners that are located close by. In total, the Equinix NY4 facility has over 60 exchanges, more than 400 buy/sell firms and over 150 financial service providers.


In addition to Pepperstones ‘edge environment’, the company has multiple unique trading accounts that successfully accommodate for all levels of traders.
  • The Standard STP Account

The Standard STP account is the classic account type and is designed for normal traders. The account uses Institutional Grade STP Spreads and allows users access to the company’s excellent liquidity with no commissions.
  • The Razor Account

The Razor account is designed for advanced and EA traders which features top of the range infrastructure, allowing Pepperstone clients to benefit greatly from not only flexible leveraging, but also from trading from 0.01 lots with lightening fast execution speed. The table below further outlines the razor account features.

Pepperstone Review Summary

Since its founding close to five years ago, Pepperstone has built up a solid reputation as a client oriented broker with top notch trading technology, low spreads and fast execution speeds. Customer support has long been Pepperstone’s strong suit, and they are committed to assisting their traders in any way they can.
As an ECN/STP broker, traders can be sure that they are getting the best price quotes available. Furthermore, there is no need to be concerned with dealer intervention or requotes. Furthermore, Pepperstone is a fully regulated broker, meaning that traders can be assured that their funds will be handled with care.
Finally, as a winner of last year’s Ernest & Young Entrepreneurs of the Year award in Australia, Pepperstone clients can feel confident that they are trading with a reputable broker that is committed to ongoing development.