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
- Fast and fully digital account opening
- Seamless and free deposit and withdrawal
- Great educational materials
- Mostly CFDs offered
- MetaTrader platform is basic
- Slow live chat
Spreads :
Commissions :
Razor Account:
- MetaTrader 4/5: $3.50 per lot per side (total $7 round turn) for USD accounts12.
- cTrader: $3 per lot per side (total $6 round turn) for USD accounts1.
Other Fees
- No Inactivity Fees: Pepperstone does not charge inactivity fees.
- No Withdrawal Fees: There are no fees for withdrawals.
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.