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Pepperstone is an Australian top-shelf broker for forex and CFD traders, striking a good balance between competitive fees and a solid forex/CFD product selection. I found Pepperstone’s forex fees particularly favorable. By default, Pepperstone uses the old-school MetaTrader platforms, a turn-off for many novice traders; but thankfully, you can link your Pepperstone account to external trading interfaces, including the popular TradingView platform

Pepperstone is a top-shelf broker for forex and CFD traders, striking a good balance between competitive fees and a solid forex/CFD product selection. I found Pepperstone’s forex fees particularly favorable. By default, Pepperstone uses the old-school MetaTrader platforms, a turn-off for many novice traders; but thankfully, you can link your Pepperstone account to external trading interfaces, including the popular TradingView platform

Advantages
  • Fast and fully digital account opening
  • Seamless and free deposit and withdrawal
  • Great educational materials
Disadvantages
  • Mostly CFDs offered
  • MetaTrader platform is basic
  • Slow live chat

Spreads :

Commissions :

Razor Account:

Other Fees

 

Low FX fees

Pepperstone charges a forex commmission: $3.50 commission per lot per trade. Spread costs come on top of this, e.g. the EUR/USD spread is 0.1.

Pepperstone         0.1           $3.50 commission per lot per trade
IC Markets           0.0           $3.50 commission per lot per trade
Axi                         0.2           $3.50 commission per lot per trade

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Pepperstone
4.0/5
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