Pepperstone review

6 licensed entities · pepperstone.com

✓ Checked Oct 14, 2026

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Coinish Score

60/100

Forex in Finland

Editor Rating

3.9/5

Forex in United Kingdom

Best rank

8 of 25

Forex in Finland

EUR/USD cost

0.7 pips

In short

Licensed by ASIC, FCA and CySEC and 3 more.
6 licensed companies, so the one you sign up with depends on where you live.
Offers forex, CFDs, with 1,350+ instruments.
Trade on MT4, MT5 and cTrader.
Offers a demo account.
Support by phone and email.

UAE: Pepperstone Financial Services LLC (UAE CMA licence 20200000358) is licensed only for introduction and financial consultation; the product issuer for the UAE site is the Bahamas entity. Pepperstone Financial Services (DIFC) Ltd holds DFSA licence F004356 (which clients it serves is not verified). The group also states a BaFin licence (entity not verified yet).

What it costs

EUR/USD all-in cost	0.7 pips, Razor (min spread 0.0 pips + $3.50 per lot per side)
Inactivity fee	None
Withdrawal fee	$20, international bank withdrawals only; other methods free
Minimum deposit	$10 (Pepperstone Markets Limited)

3.9/5

How we rated it · Forex in United Kingdom (Pepperstone Limited)

Computed from verified facts only, with published thresholds. 95% of the rating weight is backed by data. Method →

Regulation & safety 25%
4.3
Trading costs 25%
3.5
Markets & products 15%
3.0
Platforms & tools 10%
5.0
Deposits & withdrawals 10%
4.5
Account options 5%
not scored
Support 10%
4.0

Moderate

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about Pepperstone’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

Where it stands today

Momentum

41 Cooling ↓

Where it’s heading

Data confidence

Medium

How much to trust it

Traffic strength
45
Search visibility
42
Authority
48
Brand & market presence
49

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

Entity	Regulator	Licence	Serves	CFD loss %
Pepperstone Group Limited pepperstone.com/en-au	ASIC Tier 1	414530	Australia named on the regional site	–
Pepperstone Limited pepperstone.com/en-gb	FCA Tier 1	684312	United Kingdom named on the regional site	73.6% Oct 5, 2026
Pepperstone EU Limited pepperstone.com/en-eu	CySEC Tier 2	388/20	EEA (EU passport) named on the regional site	72.9% Oct 5, 2026
Pepperstone Markets Kenya Limited	CMA Kenya Tier 2	128	Kenya named on the regional site	–
Pepperstone Markets Limited	SCB Tier 3 (offshore)	SIA-F217	Rest of world, United Arab Emirates named on the regional site	80% Oct 6, 2026
Pepperstone Financial Services (DIFC) Ltd	DFSA Tier 2	F004356	United Arab Emirates named on the regional site	–

Entity

Regulator

Licence

Serves

CFD loss %

Pepperstone Group Limited

pepperstone.com/en-au

ASIC

Tier 1

414530

Australia

named on the regional site

–

Pepperstone Limited

pepperstone.com/en-gb

FCA

Tier 1

684312

United Kingdom

named on the regional site

73.6%

Oct 5, 2026

Pepperstone EU Limited

pepperstone.com/en-eu

CySEC

Tier 2

388/20

EEA (EU passport)

named on the regional site

72.9%

Oct 5, 2026

Pepperstone Markets Kenya Limited

CMA Kenya

Tier 2

128

Kenya

named on the regional site

–

Pepperstone Markets Limited

SCB

Tier 3 (offshore)

SIA-F217

Rest of world, United Arab Emirates

named on the regional site

80%

Oct 6, 2026

Pepperstone Financial Services (DIFC) Ltd

DFSA

Tier 2

F004356

United Arab Emirates

named on the regional site

–

Platforms, funding and support

Products	Forex, CFDs
Owner	Pepperstone Group
Instruments	1,350+
Platforms	MT4, MT5, cTrader, TradingView
Deposit methods	Debit/credit card, Apple Pay, Google Pay, PayPal, Skrill, Neteller, Bank transfer, Crypto
Withdrawal time (stated)	up to 1 business day (cards, e-wallets, crypto); bank transfer up to 7 business days
Demo account	Yes
Support	email, phone · 24/7

Pepperstone ratings by country (28)

We rate Pepperstone separately on each of the 28 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

Country	Product	Entity	Access	Rating
United Kingdom	Forex	Pepperstone Limited	Locally licensed	3.9/5
United Kingdom	CFDs	Pepperstone Limited	Locally licensed	3.9/5
Germany	Forex	Pepperstone EU Limited	EU passport	3.8/5
Germany	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Netherlands	Forex	Pepperstone EU Limited	EU passport	3.8/5
Netherlands	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Australia	Forex	Pepperstone Group Limited	Locally licensed	3.8/5
Australia	CFDs	Pepperstone Group Limited	Locally licensed	3.8/5
Italy	Forex	Pepperstone EU Limited	EU passport	3.8/5
Italy	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Spain	Forex	Pepperstone EU Limited	EU passport	3.8/5
Spain	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Austria	Forex	Pepperstone EU Limited	EU passport	3.8/5
Austria	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Croatia	Forex	Pepperstone EU Limited	EU passport	3.8/5
Croatia	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Sweden	Forex	Pepperstone EU Limited	EU passport	3.8/5
Sweden	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Portugal	Forex	Pepperstone EU Limited	EU passport	3.8/5
Portugal	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Denmark	Forex	Pepperstone EU Limited	EU passport	3.8/5
Denmark	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Finland	Forex	Pepperstone EU Limited	EU passport	3.8/5
Finland	CFDs	Pepperstone EU Limited	EU passport	3.8/5
Cyprus	Forex	Pepperstone EU Limited	Locally licensed	3.8/5
Cyprus	CFDs	Pepperstone EU Limited	Locally licensed	3.8/5
United Arab Emirates	Forex	Pepperstone Financial Services (DIFC) Ltd	Locally licensed	3.6/5
United Arab Emirates	CFDs	Pepperstone Financial Services (DIFC) Ltd	Locally licensed	3.6/5

Country

Product

Entity

Access

Rating

United Kingdom

Forex

Pepperstone Limited

Locally licensed

3.9/5

United Kingdom

CFDs

Pepperstone Limited

Locally licensed

3.9/5

Germany

Forex

Pepperstone EU Limited

EU passport

3.8/5

Germany

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Netherlands

Forex

Pepperstone EU Limited

EU passport

3.8/5

Netherlands

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Australia

Forex

Pepperstone Group Limited

Locally licensed

3.8/5

Australia

CFDs

Pepperstone Group Limited

Locally licensed

3.8/5

Italy

Forex

Pepperstone EU Limited

EU passport

3.8/5

Italy

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Spain

Forex

Pepperstone EU Limited

EU passport

3.8/5

Spain

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Austria

Forex

Pepperstone EU Limited

EU passport

3.8/5

Austria

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Croatia

Forex

Pepperstone EU Limited

EU passport

3.8/5

Croatia

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Sweden

Forex

Pepperstone EU Limited

EU passport

3.8/5

Sweden

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Portugal

Forex

Pepperstone EU Limited

EU passport

3.8/5

Portugal

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Denmark

Forex

Pepperstone EU Limited

EU passport

3.8/5

Denmark

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Finland

Forex

Pepperstone EU Limited

EU passport

3.8/5

Finland

CFDs

Pepperstone EU Limited

EU passport

3.8/5

Cyprus

Forex

Pepperstone EU Limited

Locally licensed

3.8/5

Cyprus

CFDs

Pepperstone EU Limited

Locally licensed

3.8/5

United Arab Emirates

Forex

Pepperstone Financial Services (DIFC) Ltd

Locally licensed

3.6/5

United Arab Emirates

CFDs

Pepperstone Financial Services (DIFC) Ltd

Locally licensed

3.6/5

Compare Pepperstone

How Pepperstone stacks up against the brokers people most often weigh it against.

Pepperstone vs IC Markets Pepperstone vs IG Pepperstone vs Fusion Markets Pepperstone vs Exness Pepperstone vs AvaTrade Pepperstone vs XM

Ready to look at Pepperstone? Check which company would serve you before you open an account.

Visit Pepperstone

Sources (38)

Licence / entity · regulator register · connectonline.asic.gov.au · Oct 7, 2026
“ASIC AFS licensee register (afs_lic_202610.csv): AFSL 414530 — PEPPERSTONE GROUP LIMITED, licensed since 04/02/2013”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone Group Limited is located at Level 16, Tower One, 727 Collins Street, Melbourne, VIC 3008, Australia and is licensed and regulated by the Australian Securities and Investments Commission”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone Limited is a limited company registered in England & Wales under Company Number 08965105 and is authorised and regulated by the Financial Conduct Authority (Registration Number 684312)”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“73.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“72.9% of retail investor accounts lose money when trading spread bets and CFDs with this provider”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone EU Limited is a limited company registered in Cyprus under Company Number ΗΕ 398429 and is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence Number 388/20)”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“72.9% of retail investor accounts lose money when trading CFDs with this provider”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Investor Compensation Fund Information”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone Markets Kenya Limited 2nd Floor, The Oval, Ring Road Parklands, PO Box 2905-00606 Nairobi, Kenya is licensed and regulated by the Capital Markets Authority”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“CMA License No.128”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone Markets Limited is located at #1 Pineapple House, Old Fort Bay, Nassau, New Providence, The Bahamas and is licensed and regulated by The Securities Commission of The Bahamas”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“79.6% of retail investor accounts lose money when trading CFDs with this provider”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“The product issuer Pepperstone Markets Limited is located at #1 Pineapple House”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“hold retail client funds in segregated Tier 1 bank accounts”
Owner · broker's own site · pepperstone.com · Oct 5, 2026
“The Pepperstone Group is licensed and regulated across multiple key jurisdictions”
Platforms · broker's own site · pepperstone.com · Oct 6, 2026
“Trading platforms: MT4, MT5, cTrader and more”
Platforms · broker's own site · pepperstone.com · Oct 6, 2026
“TradingView”
Markets · broker's own site · pepperstone.com · Oct 6, 2026
“more than 1350 CFDs available across every major asset class”
Costs · broker's own site · pepperstone.com · Oct 6, 2026
“FX spreads start from 0.0pts and Spot Gold spreads from 0.08pts, with commission from $3.50 per lot, pe”
Costs · broker's own site · pepperstone.com · Oct 6, 2026
“Razor min spread”
Funding · broker's own site · pepperstone.com · Oct 6, 2026
“Yes, if you deposit via ApplePay, GooglePay debit/credit card, Neteller, Skrill, PayPal or PAYID, your funds will arrive immediately”
Funding · broker's own site · pepperstone.com · Oct 6, 2026
“Domestic bank transfer No minimum Free Up to 7 business days”
Funding · broker's own site · pepperstone.com · Oct 6, 2026
“Crypto $18 Free Immediate”
Funding · broker's own site · pepperstone.com · Oct 6, 2026
“Withdrawals processed via Apple Pay, Google Pay, debit and credit cards, Neteller, Skrill, PayPal, UPOP(Union Pay), crypto and local payment methods take up to 1 business day”
Accounts · broker's own site · pepperstone.com · Oct 6, 2026
“A demo account offers the perfect way to sharpen your skills”
Support · broker's own site · pepperstone.com · Oct 6, 2026
“Call or email us directly”
Support · broker's own site · pepperstone.com · Oct 6, 2026
“Call or email us directly 24/7”
Licence / entity · broker's own site · pepperstone.com · Oct 6, 2026
“Minimum deposit of just $10”
Licence / entity · broker's own site · pepperstone.com · Oct 6, 2026
“80% of retail investor accounts lose money when trading CFDs with this provider”
Licence / entity · regulator register · cysec.gov.cy · Oct 6, 2026
“CySEC register of Cypriot investment firms: Pepperstone EU Limited, Licence Number 388/20”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone Group Limited”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone Limited”
Licence / entity · broker's own site · pepperstone.com · Oct 5, 2026
“Pepperstone EU Limited”
Licence / entity · broker's own site · pepperstone.com · Oct 13, 2026
“Pepperstone Financial Services (DIFC) Ltd is licensed and regulated by the Dubai Financial Services Authority ("DFSA") under license number F004356”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“Pepperstone Financial Pty Ltd”
apps · broker's own site · play.google.com · Oct 14, 2026
“Pepperstone”
Costs · broker's own site · pepperstone.com · Oct 14, 2026
“We do not change any account keeping or inactivity fees.”
Costs · broker's own site · pepperstone.com · Oct 6, 2026
“Pepperstone charges withdrawal fees only for international bank withdrawals. If you choose to withdraw funds to an international bank, we will deduct $20 from your trading account balance”