Pepperstone
VerifiedRegulatedLow-spread ECN broker for forex and CFDs.
TW Score
6.9/10Australian-founded ECN broker offering forex and CFDs on MT4, MT5 and cTrader with tight raw spreads and fast execution.
Score breakdown
- License
- 8.7
- Regulatory
- 10.0
- Business
- 7.5
- Software
- 8.0
- Risk
- 8.0
- Community
- No reviews yet
Pros and cons
Pros
- Regulated by top-tier authorities (FCA, ASIC)
- Low minimum deposit ($0)
- Spreads from 0.0 pips
- Multiple platforms (MetaTrader 4, MetaTrader 5, cTrader, TradingView)
- Broad market coverage (5 asset classes)
Cons
- Very high maximum leverage (1:500) increases risk
Regulation
| Authority | License | Country | Status | Register |
|---|---|---|---|---|
| FCA | 684312 | GB | Active · verified Jul 2026 | Check register ↗ |
| ASIC | 414530 | AU | Active · verified Jul 2026 | Check register ↗ |
| CySEC | 388/20 | CY | Active · verified Jul 2026 | Check register ↗ |
All 3 licences checked against the official register — last checked July 2026.
At a glance
- Platforms
- MT4, MT5, CTRADER, TRADINGVIEW
- Assets
- forex, cfd, indices, commodities, crypto
- Min deposit
- $0
- Max leverage
- 1:500
- Spreads from
- 0.0 pips
- Headquarters
- Melbourne, AU
- Founded
- 2010
Company news
Pepperstone’s CCO and UK CEO Rob Bowen Departs after Seven Years
Pepperstone Appoints CTO Following Australian Crypto Exchange Launch
Pepperstone hires Block/Square alum Caitlin Walsh as Head of Corporate Affairs
Pepperstone expands Perpetual CFDs with commodities and indices
Pepperstone expands Perpetual CFDs as markets move toward a 24/7 future
Pepperstone Expands Perpetual CFD Suite Beyond SpaceX to Metals, Indices and Oil
Trader reviews
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TW Score and listings are informational, not financial advice or an endorsement. Regulatory data reflects public registers at the time of review and can change. Verify a broker directly with the relevant regulator before opening an account. Brokers can respond and correct their profile by claiming it.