About Pepperstone
Pepperstone is a large and poopular international Forex Broker, wholly-owned subsidiary of Pepperstone Group Limited, an Australian-based company established in 2010, which has quickly grown into one of the largest Forex and CFD worldwide providers.
Also, the broker constantly developing its proposal and getting licenses, alike Pepperstone Limited was launched in the UK in 2015 while expanding its services to cover the needs of UK and European clients through local access. Overall, the group serves offices in major financial destinations Melbourne, Dubai, Limassol, Nassau, Nairobi, Dusseldorf and London.
What type of broker is Pepperstone?
Pepperstone was originally founded as a specialist forex broker providing access to interbank execution and low spread pricing. However, further on Pepperstone established assistance service for both retail and institutional traders through low-cost pricing by the multiple direct destinations of liquidity, without a deal desk and became execution-only broker.
Pepperstone Pros and Cons
Pepperstone is a reliable broker with top-tier licensed FCA and ASIC, while the account opening is fully digital and trading environment is one of the best reviewed by us Australian offering with NDD accounts. There is powerful research and trading tools available, range of platform is great, also education section is excellent quality with good responsive support.
For the Cons there are not so many with our opinion, just some minor things like no 24/7 support and demo account available for 30 days only, also instruments are limited to Forex and CFDs. Besides conditions vary based on entity and its applicable regulatory standards.
Is Pepperstone safe or scam?
No, Pepperstone is not a scam, it is a reliable established Australian broker that complied its operation according to the respected regulation by the Australian Securities and Investments Commission (ASIC), as well as the holder of an Australian Financial Services Licence proving low-risk Forex.
Is Pepperstone legit?
Yes, Pepperstone is legit and regulated broker. In addition, Pepperstone holds relevant authorization at every region it operates. Therefore, clients’ residents of the UK and EEA are processed by Pepperstone Limited that is a registered UK company and regulated by the Financial Conduct Authority.
In addition, Pepperstone addiing on licenses constanly alike in 2020 acquire CySEC license as well, so that the EU clients are fully covered under its legislation. It also, add on BaFIN license at the end of the month securing German markets likewise.
MENA region and clients from Dubai are also authorized to legit and regulated Forex trading opportunities since the broker is authorized by the DFSA. In addition, with continuous expand Pepperstone established an entity in Kenya while regulated by CMA so the African region is covered as well.
Pepperstone Review Conclusion
Out final thoughts about Pepperstone are very positive, as a regulated broker Pepperstone delivers a reliable trading solution. What we liked the most is the broker’s trade execution that starts from 50ms of latency, settled immediately, with no delays, rejects, or requotes, and of course fantastic, very competitive pricing model with low fees. Also, technical solution and platform selection is one of the best we saw in industry compared to other. Overall making Pepperstone trully competitive in almost each of its aspects.