Pepperstone, established in 2010, is an Australian-based ECN broker. It was founded in 2010 and is regulated by ASIC.  Pepperstone is an ideal no desk broker that accommodates all trading styles. The broker’s website belies the exciting trading experience that lies within its trading platform. The company is based in Melbourne, Australia and has offices in Dallas, USA and Shanghai, China.


Pepperstone has several unique trading accounts. The Edge Standard account, designed for normal traders, uses Institutional Grade STP Spreads and there are no commissions. The Edge Razor account is designed for advanced and EA traders and uses Raw ECN Spreads from 0.1 pips and charges $3.5 commission per 100k trade.

Peppertsone also offers Active traders and Institutional Partners an additional account, the Platinum account with a higher level of service in addition to superior ECN EDGE execution. This is a segregated account with a dedicated relationship manager.

A Forex swap rate is available in Islamic accounts for holding positions overnight without interest in foreign exchange trading.

I was pleased when doing this Pepperstone review to find that there is a demo account that uses the MT4 platform.

Pepperstone traders on all accounts can take advantage of the broker’s wide range of tradable assets including standard currencies and commodities as well as soft commodities such as orange juice, sugar and cocoa.


Pepperstone offers traders a number of features.
The most outstanding feature is their EDGE Environment which is the most comprehensive, highest-performance portfolio of Forex trading technology in the industry. Edge provides clients with quick execution and reduced spreads.

EDGE also allows Pepperstone clients direct ECN trading via Metatrader 4 – The world’s favorite FX trading platform.

EDGE delivers unparalleled depth of market to the retail FX Trader. Block orders and high volume strategies such as scalping are delivered into the market with maximum price efficiency. Traders can access 24 new currency pairs as well as the largest selection of exotics offered by any FX broker in the marketplace. It uses superior liquidity to stream 52 currency pairs including European exotic pairs.

Another unique feature is electronic trading system. Pepperstone has partnered with Equinix, a NASDAQ listed firm, to create state of the art Forex trading infrastructure located just 11 miles from Wall Street in New York.

Within the Equinix’s NY4 facility, Pepperstone participates in the Equinix Financial eXchange, a network of execution venues, buy and sell side firms, and bank trading servers that are located at Equinix’s high-performance data centers. The Equinix Financial eXchange provides Pepperstone with access to the widest choice of low-latency networks, and the ability to directly exchange data with strategic partners and customers in close proximity.

Pepperstone Equinix Facility
The Multi Account Manager (MAM) is designed for money managers that utilize the Metatrader 4 platform and for traders that manage multiple accounts utilizing Expert Advisors (EAs). All processing is centralized and server based which allows the fastest and most reliable integration. Hundreds of accounts can be traded with one click and virtually no delay in allocations.

Pepperstone Myfxbook Autotrading
Pepperstone offers trader access to multiple social and autotrading systems including ZuluTrde, Mirror Trade, RoboX, MT4 Signals and MyFXBook AutoTrade. These services allow traders to copy other trader’s chosen systems directly into their account. Access to these services require a minimum deposit of $200 and receive 1:400 leverage.

The Pepperstone Webtrader provides traders with direct access to their Metatrader 4 account from the web. No download or install required. The web-based platform offers full functionality and works across multiple operating systems, including Mac OSX, Linux and Windows.

Pepperstone Webtrader has full functionality and allows traders to access real-time charts with advanced technical analysis and indicators. Webtrader is available for Edge Live and Demo accounts only.


Pepperstone offers a variety of educational services. News previews and a market review are posted daily and there is an economic calendar to help keep traders alert to upcoming events. There are over 50 instructional articles available to Pepperstone traders and a full financial glossary to provide traders with a fundamental understanding of the industry. The brokerage has also recently partnered with trading gurus Boris Schlossberg and Kathy Lien from BK Forex who provide weekly market reviews to Pepperstone traders and offer periodic webinars for traders.


Deposits can be made to an account via credit and debit cards, bank transfers and a wide list of different online payment programs such as Neteller, WebMoney, Qiwi, Skrill and others.

Withdrawals are made by filling out an online withdrawal form. Withdrawals made by bank wire transfer usually take 3-5 working days to reach your account. If an account is funded via a credit card and a withdrawal is processed within 60 days, the withdrawal must occur via a refund back to the same credit card.

Customer Support

24 hour support is available to traders via email or online Chat. There is a local phone number in Melbourne and a separate number that reaches a representative who speaks Chinese in their Shanghai office. Traders can also contact their American office in Texas.


Pepperstone provides superior technology with quick execution, low-cost spreads, and exceptional customer service. With both standard Forex trading and the services of a regulated ECN broker, Pepperstone has a lot to offer.