Broker profile

Pepperstone

Ranked #4 of 15 fully scored brokers. 7 of 13 fields verified. Last verified 11 Oct 2026.

Pipcompass score

90% data

81.9/100

LicenceLicensed: SCB, ASIC, FCA, CySEC +26 entities across 6 regulators. Licence numbers and register links below.Checked 11 Oct 2026Source
Warning listsNot on the 12 warning lists we holdNo exact match for pepperstone.com. Lists we don't hold (e.g. the FCA's) are not covered.Checked 20 Oct 2026Source
ClonesImpersonated: 1 clone listingASIC lists sites posing as Pepperstone Group Limited. The warning is about the copy, not the firm. Check the address before you deposit.Checked 20 Oct 2026Source
DomainDomain registered 2002pepperstone.com: registered 2002-01-20 (24 years ago), registrar Amazon Registrar, Inc. Source: RDAP.Checked 11 Oct 2026Source

Badges state facts from licence registers, regulator warning lists and RDAP. They are not a rating. How we check.

Key facts

Founded: 2010pepperstone.com, verified 11 Oct 2026Founded in Melbourne.
Headquarters: Not verified
Platforms: MT4, MT5, cTrader, TradingView, Proprietarypepperstone.com, verified 11 Oct 2026
Minimum deposit: No minimumpepperstone.com, verified 11 Oct 2026Accounts table shows $0; funding minimum $10.
Max. leverage: 1:30 retail (1:500 professional)pepperstone.com, verified 11 Oct 2026Bahamas entity page.
Copy trading: Not confirmed
Swap-free / Islamic: Not confirmed
Deposit methods: Not verified
Restricted countries: No list found

Regulation and legal entities

Which entity you sign up with decides which rules protect you. Check the licence number on the regulator’s register before you deposit.

Pepperstone legal entities and licences
Entity	Regulator	Licence / ref.	Tier
Pepperstone Markets Limited	SCBBahamas	SIA-F217	Tier 2: national regulator
Pepperstone Group LimitedSource: pepperstone.com, verified 11 Oct 2026	ASICAustralia	AFSL 414530	Tier 1: major regulator
Pepperstone LimitedSource: pepperstone.com, verified 11 Oct 2026	FCAUnited Kingdom	FRN 684312	Tier 1: major regulator
Pepperstone EU LimitedSource: pepperstone.com, verified 11 Oct 2026	CySECCyprus (EU)	388/20	Tier 1: major regulator
Pepperstone Financial Services (DIFC) LtdSource: pepperstone.com, verified 11 Oct 2026	DFSAUAE (DIFC)	F004356	Tier 1: major regulator
Pepperstone Financial Services LLCUAE CMA licence for introduction and financial consultation only.Source: pepperstone.com, verified 11 Oct 2026	SCAUAE (onshore)	20200000358	Tier 2: national regulator

Source: pepperstone.com, verified 11 Oct 2026 Site says the group has 9 licensed entities; the entities listed are those named on the regional sites we checked.

Accounts and advertised costs

Figures are the broker’s advertised “from” values, not measured averages. Live spread testing: not yet tested.

Pepperstone account types
Account	Min. deposit	Spread from (advertised)	Commission / side	Measured spread
Standard	None	—	None	Not yet tested
Razor	None	0.0	$3.50	Not yet tested

Source: pepperstone.com, verified 11 Oct 2026

Lowest spread, no-commission account: Not verified
Raw account commission: $3.50 per lot per sidepepperstone.com, verified 11 Oct 2026Razor, "from $3.50 per lot, per side".

Strengths and drawbacks from the data

Generated by fixed rules from the fields above. Each rule is listed on the methodology page.

Strengths

Holds Tier 1 licences (ASIC, FCA, CySEC, DFSA) in at least one group entity.
6 distinct regulators across the group.
Low stated minimum deposit (none).
Wide platform choice: MT4, MT5, cTrader, TradingView, Proprietary.

Drawbacks or gaps

Raw-account commission of $3.50 per side ($7.00 round turn).
No restricted-country list found on the broker's site.

Score breakdown

Pepperstone score breakdown
Category	Weight	Points	Based on
Regulation	35%	100	Best tier 1; 6 Tier 1–2 regulators
Advertised costs	20%	33	$3.50/side commission
Platforms	15%	100	MT4, MT5, cTrader, TradingView, Proprietary
Minimum deposit	10%	100	$0
Copy trading and swap-free	10%	no data	Not confirmed
Disclosure	10%	70	100% licence numbers shown; restricted list not found

Total 81.9 out of 100, from 90% of the weight. Categories without data are left out and the rest rescaled.

Sources

https://pepperstone.com/en/about-us/Used for: founded, entities. Checked 11 Oct 2026.
https://pepperstone.com/en/trading/accounts/Used for: platforms, minDeposit, accountTypes, maxLeverage, rawCommissionPerSide. Checked 11 Oct 2026.
https://pepperstone.com/en-au/Used for: entities (Pepperstone Group Limited). Checked 11 Oct 2026.
https://pepperstone.com/en-gb/Used for: entities (Pepperstone Limited). Checked 11 Oct 2026.
https://pepperstone.com/en-eu/Used for: entities (Pepperstone EU Limited). Checked 11 Oct 2026.
https://pepperstone.com/en-ae/Used for: entities (Pepperstone Financial Services (DIFC) Ltd), entities (Pepperstone Financial Services LLC). Checked 11 Oct 2026.