Pepperstone

Review

User Reviews (101)

Rebates

Regulation

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Written by Angelo Martins

Edited by David Johnson

Fact checked by Evelina Laurinaityte

Human moderated by Jason Peterson

Last updated August, 2024

Pepperstone Overall rating

4.4

Ranked 16 out of 827 (Forex Brokers)

Overall rating is derived from an aggregate of ratings in multiple categories.

	Rating	Weight
User Rating	4.3 (101 reviews)	3
Popularity	4.0	3
Regulation	5.0	2
Pricing rating	4.5	1
Features	Not rated	1
Customer Support	Not rated	1

Pepperstone Profile

Company Name	Pepperstone Group / Pepperstone Markets Limited
Categories	Forex Brokers, Forex Rebates
Primary Category	Forex Brokers
Year Founded	2010
Headquarters	Australia
Office Locations	Bahamas, China, Thailand, Ukraine, United Kingdom, United States
Account Currency	AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD, HKD
Client funds bank	National Australian Bank (NAB)
Support Languages	Arabic, Chinese, English, French, German, Italian, Spanish, Thai, Vietnamese
Funding Methods	Bank Wire, BPAY, China Union Pay, Credit/Debit Card, Neteller, PayPal, POLi, Skrill, Local Bank Transfer
Financial Instruments	Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs, Soft Commodities (coffee, sugar...)
Prohibited Countries	Afghanistan, Armenia, Antarctica, American Samoa, Azerbaijan, Bosnia and Herzegovina, Belgium, Burundi, Bhutan, Belarus, Belize, Canada, Central African Republic, Congo, Ivory Coast, Cameroon, Western Sahara, Eritrea, French Guiana, Guinea, Guadeloupe, South Georgia and the South Sandwich Islands, Guam, Guinea Bissau, Guyana, Haiti, Iraq, Iran, Japan, St Kitts and Nevis, North Korea, South Korea, Kazakhstan, Lebanon, Liberia, Libya, Mali, Myanmar, Martinique, Mozambique, Nicaragua, New Zealand, French Polynesia, Puerto Rico, Reunion, Russia, Sudan, Somalia, Suriname, Syria, Turks and Caicos Islands, Chad, Tajikistan, Turkmenistan, Tunisia, United States, Uruguay, Saint Vincent and the Grenadines, Venezuela, Virgin Islands, U.s., Vanuatu, Samoa, Yemen, Mayotte, Zimbabwe, Palestine, Holy See (Vatican City State), St Lucia, South Sudan

24 hour support

Segregated Accounts

Islamic Accounts

Accepts Canadian clients

Accepts Japanese Clients

Non expiring demo

Trading API

Cent accounts

Negative balance protection

Social trading

Regulatory deposit insurance

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread

Pepperstone Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites	trk.pepperstonepartners.com pepperstone.com
Organic monthly visits	1,223,401 (99%)
Organic traffic rank	26 out of 827 (Forex Brokers)
Paid monthly visits	15,941 (1%)
Total monthly visits	1,239,342
Bounce rate	43%
Pages per visit	1.85
Average visit duration	00:00:55.6140000

Pepperstone Account types

	Standard	Razor
Commission	-	$3.50 Per Side Per Lot
Maximum leverage	400:1
Mobile Platform	cTrader Mobile, MT4 Mobile, MT5 Mobile, Proprietary, TradingView Mobile
Trading platform	cTrader, MT4, MT5, TradingView
Spread Type	Variable Spread
Minimum Deposit	200
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Standard
Maximum leverage	400:1
Typical Spread	0.5-1.8
Trading platform	cTraderMT4MT5TradingView
Mobile platform	cTrader MobileMT4 MobileMT5 MobileProprietaryTradingView Mobile
Spread type	Variable Spread
Minimum deposit	200
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Razor
Commission	$3.50 Per Side Per Lot
Maximum leverage	400:1
Typical Spread	0.0-1.0
Trading platform	cTraderMT4MT5TradingView
Mobile platform	cTrader MobileMT4 MobileMT5 MobileProprietaryTradingView Mobile
Spread type	Variable Spread
Minimum deposit	200
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

Pepperstone User Rating

4.3

(101)

Pepperstone reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

_{Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.}

Pepperstone Cashback rebates

Get Cashback

We will beat any competitor offer!*

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.

	Standard	Razor
Forex	FX Majors: 0.24 Pips FX Others: 0.30 Pips	12.857% Of Commissions Paid*
Other	No Rebates Paid
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	Standard
Forex	FX Majors: 0.24 Pips FX Others: 0.30 Pips
Other	No Rebates Paid
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	Razor
Forex	12.857% Of Commissions Paid*
Other	No Rebates Paid
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

12.857% of commissions paid are based on account currency: 0.97USD, 0.90AUD, 0.93CHF, 0.67EUR, 0.59GBP, 7.25HKD, 78.10JPY, 1.22NZD, 0.98SGD.

Rebate is converted to USD upon trade close.

Rebates are not paid for:

Accounts registered with: CySEC, German BaFin entities
Residents of Japan, Mainland China, France, Belgium
Islamic, Spread Betting or Active Trader accounts
EU and UK retail accounts

What are Pepperstone rebates?

Pepperstone rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Pepperstone rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Pepperstone rebates can I earn?

Use our forex rebate calculator to estimate your Pepperstone rebate earnings:

Instrument

Deposit currency

Rebate per lot

Lots traded

You must enter a valid number

EUR.USD 1 Pip Size

Are Pepperstone rebates a scam; do my spreads increase?

Pepperstone rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for Pepperstone rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back	Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction	The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account	Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

Pepperstone Regulation / Money Protection

5.0

Company	Licenses & Regulations	Deposit Compensation Scheme	Rebates	Max. Leverage Retail Clients
Pepperstone Group Limited	Australia - AU ASIC			30 : 1
Pepperstone EU Limited	Cyprus - CY CYSEC	up to €20,000		30 : 1
Pepperstone Limited	United Kingdom - UK FCA	up to £85,000	Professional Clients Only	30 : 1
Pepperstone Markets Limited	Bahamas - BS SCB			200 : 1
Pepperstone Markets Kenya Ltd	Kenya - KE CMA			400 : 1
Pepperstone Financial Services (DIFC) Limited	United Arab Emirates - AE DFSA			30 : 1

Pepperstone Promotions

Pepperstone Symbols

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