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Pepperstone Review

Best For: Low Latency ECN Scalping
ASICFCABaFinSCBCMADFSACySEC
FR

Written By

ForexRater Research Team

Data-driven broker comparison · Independently tested · No paid rankings

Reviewed against our published methodology →

Reviews represent the editorial opinion of ForexRater and are not personal financial advice.

Last Updated: May 2026
4.8
Overall Score
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Audit Scorecard

Safety & Regulation5.0 / 5.0
Costs & Fees4.9 / 5.0
Platform & Tools4.6 / 5.0
Customer Support4.7 / 5.0
Education & Research4.8 / 5.0

Our Verdict

Pepperstone is assessed here on its regulatory licences, published trading costs, platform range and account terms. Its licences from ASIC, FCA, BaFin are the primary safeguard for client funds — check each licence number on the regulator's own register before depositing.

Pepperstone advertises execution of 30ms and offers MT4. That execution figure is the broker's own published claim, not a speed we have measured — real fills vary with account type, session liquidity and news conditions.

Regulation
Tier-1 Secured
Speed
30ms
4.8/ 5.0
Highly Recommended
Based on 300+ data points

Pros & Cons

The Good

  • Ultra-Low Latency
  • Tier-1 Liquidity
  • cTrader Support

The Bad

  • No Proprietary Web Platform
  • Research is Standard

Live Newsroom & Updates

No recent updates found.

Quick Stats

Min DepositNone
Max Leverage1:500
Min Spread0.0 pips (Razor)
Exec Speed30ms
Avg Slippage0.04 pips
Deposit FeeFree
Withdrawal FeeFree
PlatformsMT4, MT5, cTrader, TradingView
RegulationASIC, FCA, BaFin, SCB, CMA, DFSA, CySEC
Visit Pepperstone
74-89% of retail traders lose money

Risk Warning

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.