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FIG 01 — BROKER REVIEW
Pepperstone
8.4
4.3 ★ · 3,400 reviews
Best for: Traders wanting platform flexibility with low-cost raw spreads
Verified against Pepperstone's site · Aug 2026. Rules and pricing shift often — always confirm current terms on the broker's own site before trading.
FIG 02 — SPECIFICATIONS
Regulation
ASIC, FCA, CySEC, DFSA, CMA, SCB, BaFin
Min deposit
$0
Spreads from
0.0 pips
Commission
$3.50/lot/side (Razor)
Max leverage
1:500 (offshore) / 1:30 (UK/EU)
Instruments
Forex, indices, commodities, shares, ETFs, crypto CFDs
Account types
Razor / Standard
Platforms
MT4, MT5, cTrader, TradingView
Founded
2010
FIG 03 — VERDICT
Pros
- Tight raw spreads with strong multi-jurisdiction regulation
- Widest platform choice
- Fast execution, negative balance protection
Cons
- No proprietary desktop platform
- Standard-account spreads notably wider than Razor
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