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Pepperstone Review

Pepperstone Review

Pepperstone was founded in 2010 in Melbourne, Australia and operates in more than 160 countries. It processes an average of US$9.2bn of trades every day. Pepperstone provides traders from Brazil with superior technology, low-cost spreads, and a genuine commitment to helping them master the trade.

Updated : June 20, 2024

Jump to:

Overview

Regulation and Safety of Funds

Awards and Recognition

Account Types and Features

Account Registration

Broker Comparison

Trading Platforms

Range of Markets

Fees

Deposit and Withdrawels

Education and Research

Bonuses and Promotions

Affiliate Programs

Customer Support

Social Responsibility

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

Trading Platform

MT4, MT5, cTrader, TradingView

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Overview

 

Pepperstone Review

 

Pepperstone was founded in 2010 in Australia and has quickly established itself in the international forex trading world.

 

Since its inception, Pepperstone has continued increasing its range of markets for forex and CFD traders, including spread-betting in the U.K. and Ireland.

 

It is a well-regulated forex broker through ASIC in Australia and has a license with BaFin, CMA, CySEC, DFSA, FCA, and SCB. Client funds are kept separate, and the broker has proven that it is trustworthy and transparent over the years.

 

Pepperstone is an excellent choice for forex and CFD traders of all skill levels because of its wide variety of trading platforms, minimum deposit requirements, and tailor-made trading accounts.

 

It offers a rich platform experience for MetaTrader, cTrader, and TradingView. In addition to its proprietary mobile app, it has helped inch Pepperstone closer to competing with the best forex brokers in the mobile category.

 

Additionally, Pepperstone finished best in class for Social Copy Trading, Algo Trading, and MetaTrader in 2025, proving that it is a broker that offers the best. Another positive trait of Pepperstone is its array of educational materials and tools, which focus on the novice trader.

 

What makes this broker stand out for traders from Brazil is that it has adjusted its services to meet the needs of Brazilian traders.

 

Hundreds of foreign brokers are unique in providing multilingual support, a user-friendly website, and adding Latin American currencies, including the Brazil Real (BRL) as forex trading currency.

 

 

What countries is Pepperstone in?

Pepperstone is a leading global forex and CFD broker headquartered in Melbourne, Australia. The company has a strong global presence, with additional offices in London, Cyprus, and Dubai.

 

Is forex trading legal in Brazil?

While forex is not fully regulated in Brazil, it’s not illegal either. Traders often access the forex market through international brokers regulated by credible agencies like the FCA, CySEC, and ASIC.

Pepperstone Review at a Glance

🗓Established Year2010
🪪Regulation and LicensesASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB
🌟Ease of Use Rating5/5
💰BonusesYes, active trader program, referral bonus
⏰Support Hours24/7
📊Trading PlatformsTradingView, MetaTrader 4, MetaTrader 5, cTrader, Capitalise.ai, Pepperstone Platform
📈Account TypesStandard Account, Razor Account
💸Base CurrenciesUSD, AUD, EUR, CAD, CHF, GBP, JPY, NZD, SGD, HKD
📊SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📈Leverage1:500 (Pro), 1:400 (Retail)
💳Currency Pairs70, minor, major, and exotic pairs
💰Minimum Deposit699 BRL (AU$200)
💸Inactivity FeeNone
🗣Website LanguagesEnglish, Spanish, Russian, Chinese, Vietnamese, Arabic, Indonesian, Italian, French, Laotian, German, Polish
⚖️Fees and CommissionsSpreads from 0.0 pips, commissions from AU$7
📚Affiliate ProgramYes
🏛️Banned CountriesUnited States, Canada, Iran, Japan, Iraq, Zimbabwe, Yemen, and others
💻ScalpingYes
🔎HedgingYes
✴️Trading InstrumentsForex, commodities, indices, currency indices, cryptocurrencies, shares, ETFs
👉 Open AccountOpen Account

Pepperstone Regulation and Safety of Funds

 

Pepperstone regulations

 

Pepperstone’s Regulation in Brazil

Pepperstone is not regulated by The Securities and Exchange Commission of Brazil (CVM) (Comissão de Valores Mobiliários). However, Pepperstone’s global regulations are listed in the table below.

 

Pepperstone Global Regulations

🏛️Registered Entity🌎Country of Registration🔎Company Reg🔎Regulatory Entity📈Tier🪪License Number/Ref
Pepperstone Markets LimitedBahamas177174 BSCB3SIA-F217
Pepperstone Group LimitedAustraliaACN 147 055 703ASIC1414530
Pepperstone Limited (UK)United Kingdom08965105FCA1684312
Pepperstone EU, Ltd.CyprusHE 398429CySEC2388/20
Pepperstone Markets Kenya LimitedKenyaPVT-PJU7Q8KCMA2CMA 128
Pepperstone Financial Services (DIFC) LimitedDubaiDIFC 3460DFSA2F004356
Pepperstone GmbHGermanyHRB 91279BaFin1151148

 

Pepperstone’s Protection of Client Funds

🛡️Security Measure🖺Information
Segregated AccountsYes
Compensation Fund MemberYes
Compensation Amount£85,000
SSL CertificateYes
2FA (Where Applicable)No
Privacy Policy in PlaceYes
Risk Warning ProvidedYes
Negative Balance ProtectionYes, only for UK/EU clients
Guaranteed Stop-Loss OrdersNo

 

How does Pepperstone safeguard customer funds for Brazilian traders?

Pepperstone protects client funds by keeping them in separate accounts and using stringent security measures such as SSL certificates.

 

What are the consequences of Pepperstone not being CVM-certified for Brazilians?

Although not regulated by the CVM, Pepperstone’s adherence to worldwide regulatory standards, such as ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB, ensures that Brazilian traders continue receiving excellent protection and security.

Pepperstone Awards and Recognition

 

Pepperstone awards

 

While browsing the Pepperstone website to get an idea of what the broker offers, we came across a myriad of awards. Here are some of the most recent ones that Pepperstone has won:

  • In 2023, Pepperstone won the “Investment Trends” Award.

  • Pepperstone won the “Social Champion” award from TradingView in 2023.

  • In 2023, Pepperstone was awarded the “Best MT4 Broker” by Good Money Guide.

  • In addition, Finder awarded Pepperstone as the “Best Overall Broker” in 2023.

Pepperstone Account Types and Features

Pepperstone only offers two live account types. Below, we looked at the various features and benefits of these two account types for Brazilian clients.

 

FeaturesStandard AccountRazor Account
⚖️AvailabilityAll traders; suitable to all traders despite their skill or objectivesAll traders; more suited to scalpers, day traders, automatic traders
📈MarketsAllAll
💳CommissionsNoneFrom AU$7 per round turn, per standard lot
💻PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView, Capitalise.aiMetaTrader 4, MetaTrader 5, cTrader, TradingView, Capitalise.ai
📊Trade SizeFrom 0.01 lots – 100 lots per tradeFrom 0.01 lots – 100 lots per trade
📈LeverageAustralia – 1:30
Bahamas – 1:200
Cyprus – 1:30
Dubai – 1:30
Germany – 1:30
South Africa – 1:400
United Kingdom – 1:30
Australia – 1:30
Bahamas – 1:200
Cyprus – 1:30
Dubai – 1:30
Germany – 1:30
South Africa – 1:400
United Kingdom – 1:30
💰Minimum Deposit699 BRL (AU$200)699 BRL (AU$200)

 

Pepperstone Standard Account

With the Standard Account, Brazilian traders can trade with a wide array of assets, no matter their skill level or expertise. These include forex, commodities, indices, shares, EFTs, and cryptocurrencies.

 

Flexible spreads on the Standard account start at 0.6 pips with no commission charges on platforms like MetaTrader 4 and 5, cTrader, and TradingView.

 

The minimum deposit requirement for Brazilians is only 699 BRL, which makes it ideal for novice traders who want to try out forex trading without investing a huge amount of money.

 

Pepperstone Razor Account

The Razor account will suit the more active traders who use high-frequency trading methods. Because the minimum deposit requirement is the same as for the Standard account, this account type is more accessible to experienced traders than other ECN brokers.

 

This account type offers raw spreads that start at 0.0 pips and have a typical commission of AU$7 per round lot. Traders can trade on the same platforms as the Standard account, and leverage goes up to 1:400 in some jurisdictions.

 

Pepperstone Demo Account

Brazilian traders can explore both Standard and Razor account types with the demo account. The features and tools available on these accounts are the same as if trading with a live account.

 

The only difference is that traders practice trading with virtual money without risking losing any of their funds. The virtual balance provided by Pepperstone is between $50,000 – $100,000, but the account will only be valid for 30 days.

 

Pepperstone’s demo account is a valuable tool for traders in Brazil, providing a risk-free platform where they can practice and refine their skills.

 

Pepperstone Islamic Account

Although Pepperstone does offer the option of opening an Islamic Swap-free account, it is not accessible for Brazilian traders, since Brazil is not included in the list of eligible countries.

 

Does Pepperstone have an Islamic account for Brazilian traders?

Despite being a Sharia-compliant account, Pepperstone’s Islamic account offers access to the same advanced trading platforms and tools as their standard accounts. This is however, not accessible for Brazilian traders.

 

How many CFD instruments are available for Brazilian traders to trade with?

Pepperstone offers trading with 1,200+ CFD instruments.

How To Open a Pepperstone Account

 

How to open a Pepperstone account

 

Step 1 – Visit website

  • Start your journey with Pepperstone by visiting their official website. Once there, locate and click the “Open an Account” button to load the registration form.

  • Once the form loads, you must provide your email address and personal information.

 

Open an account step 1

 

 Step 2 – Create your profile

  • Personal information will be requested of you during the first step in the registration process. Enter your phone number, email address, and Full name according to your government-issued identity documents.

 

Profile created

 

Step 3 – Setup trading account

 

Setup trading account

 

Step 4 – Employment and Income information

 

Employment and income information

 

  • Continue the application form by providing additional personal information like your work position, income level, and trading history.
  • As a Taiwan resident, ensure that the residential address you enter matches the one on your proof of residence, like your bank statement, credit card statement, lease agreement, etc.

  • Complete the appropriateness test. This brief quiz has questions meant to assess your knowledge of trading and financial markets.

  • Read and accept Pepperstone’s terms and conditions. Before continuing, make sure you understand all of the policies and procedures.

  • Upload all relevant documents for verification. This includes your government-issued ID and proof of address.

  • After submitting your documents, there will be a brief waiting period as Pepperstone validates your information. We’ve found that this is a quick process that can take a few hours.

 

Step 5 – Fund account

  • Next, you can deposit funds into your account once it has been validated. Both Pepperstone’s retail accounts have a minimum deposit of AU$200 (or equivalent in other currencies). You can deposit funds using flexible options like bank wire, e-wallets, credit/debit cards, etc.

  • Before risking your funds in live markets, you can use the demo account to test your trading strategies, explore markets, etc. This is an excellent way to become acquainted with Pepperstone’s platforms and markets without incurring any financial risk.

  • Furthermore, you can expand your knowledge by exploring the educational resources offered by Pepperstone. To improve your trading knowledge and skills, we recommend attending webinars, and tutorials, or conducting market studies.

  • In addition, we also found that Pepperstone’s customer service is available 24 hours a day, seven days a week. They can help you with the account opening procedure and any other queries or assistance you might need.

  • With your account set up and financed, you can trade on Pepperstone’s powerful trading platforms. You can download your preferred platform from the Pepperstone website, use the web browser platforms, or download the iOS and Android apps.

 

What’s the difference between spreads and commission?

Spreads are charged in the quoted currency that you are trading. The commission is always charged in the same currency you use in your account.

 

Does Pepperstone have a BRL account?

While Pepperstone does not offer BRL-denominated accounts, Brazilians still have alternative options, such as funding their accounts in USD or utilizing currency conversion services.

Broker Comparison

🔎FeaturesPepperstoneeasyMarketsBDSwiss
🏛️RegulationASIC, BaFin, CMA, CySEC, DFSA, FCA and SCBBVI FSC, CySEC, ASIC, FSACySEC, FSC, BaFIN, FSA, Mwali International Services Authority
📊Trading PlatformTradingView
MetaTrader 4
MetaTrader 5
cTrader
Capitalise.ai
easyMarkets Platform
MetaTrader 4
MetaTrader 5
TradingView
MetaTrader 4
MetaTrader 5
BDSwiss Mobile
BDSwiss Web
💵Withdrawal FeeNoNoneNo
💻Demo AccountYesYesYes
💴Min Deposit4,300 TWD (AU$200)800 TWD ($25)326 TWD ($10)
📌 Leverage1:500 (Pro)
1:200 (Retail)
1:2000Up to 1:2000
✏️SpreadFrom 0.0 pips0.5 pipsFrom 0.0 pips
💰CommissionsFrom AU$7None, only the spreadFrom $2
🤙Margin Call/Stop-Out90%/20%70%/30%50%/20%
👉Order ExecutionMarketMarketInstant/Market
❌💵No-Deposit BonusNoNoNo
🛅Cent AccountsNoNoYes
🗄️Account Types Standard Account
Razor Account
Web/App VIP
Web/App Premium
Web/App Standard
MT4 VIP
MT4 Premium
MT4 Standard
MT5
Cent Account
Classic Account
VIP Account
Zero Spread Account
⚖️FSC RegulationNoNoNo
💵TWD DepositsNoNoNo
🗄️TWD AccountNoNoNo
🧑‍💻Customer Service Hours24/724/524/5
🏪Retail Investor Accounts274
☪️Islamic AccountYesYesYes
Open AccountOpen AccountOpen AccountOpen Account

Pepperstone Trading Platforms

 

Pepperstone trading platforms

 

 

Pepperstone offers Brazilian traders trading on several platforms, including Trading View, MetaTrader 4, MetaTrader 5, cTrader, and Pepperstone’s proprietary platform. Let’s take a look at the features the different platforms offer.

 

TradingView

You can join a big community of traders and use TradingView’s social trading features and robust technical analysis tools. TradingView provides Brazilian traders with many options, such as customizable charts, a selection of indicators, and the ease of trading directly from the charts.

 

The platform also offers news features and an economic calendar to keep you updated with significant market movements. Secure data storage and convenient access from any device are two benefits of TradingView’s cloud-based infrastructure.

 

Giving Brazilian traders access to TradingView, a very advanced charting tool, is a game-changer.

 

MetaTrader 4

If you want to trade foreign currencies, the MetaTrader 4 platform is the perfect choice. With its advanced Forex trading platform, you can access various technical analysis tools, currency trading software, and algorithmic trading software to help you make informed trading decisions.

 

Forex and CFD traders use MetaTrader 4 (MT4) extensively. It offers advanced charting tools, interactive charts, Expert Advisors, copy trading, custom indicators, algorithmic trading, scripts, and more.

 

MT4 lets you trade from anywhere with your desktop or mobile device. Trading on numerous devices lets you track and manage your positions from anywhere.

 

MetaTrader 4 has everything you need to trade financial markets, regardless of expertise. MT4’s technical analysis tool suite contains many indicators and charting tools to help traders spot market movements.

 

MT4’s robust features and intuitive design make online trading easy for beginners. Forex traders worldwide choose the platform’s currency trading software to trade various forex currency pairs with competitive spreads and fast execution times.

 

MetaTrader 5

The MetaTrader 5 platform is widely regarded as one of the top forex trading platforms. Brazilians who use this platform can expect faster processing times, advanced order entry capabilities, and the latest tools when trading on MT5.

 

Expanding upon the achievements of its previous version, MetaTrader 5 brings forth improved functionalities and a sleeker interface. The platform has been designed to cater to a broader range of trading strategies, offering expanded timeframes and order types.

 

MT5 provides exceptional features to help you stay ahead in your trading journey, including a strategy tester for those interested in automating and testing their trading strategies and expert advisors, a highly intuitive and easy-to-use interface, and advanced charting with endless possibilities.

 

Overall, with its advanced analytical tools and extensive market data, MetaTrader 5 is an appealing choice for Brazilians in search of a robust and all-encompassing trading platform.

 

Pepperstone Platform

Pepperstone’s proprietary platform allows traders to trade whenever and wherever they like. Brazilian traders can discover their next trade while you’re on the move with our dynamic mobile app.

 

Brazilian traders should be prepared to take advantage of opportunities by gaining access to and trading CFDs on global markets, such as US equities and ETFs, FX, commodities, indices, and cryptocurrencies.

 

Take advantage of Pepperstone’s award-winning service, rapid execution, industry-leading liquidity, and razor-sharp spreads for safe and simplified trading.

 

cTrader

For its impressive speed and transparency, Brazilian traders will love Pepperstone’s cTrader platform. The platform offers an advanced interface that is also easy to use.

 

The platform excels in direct processing and no dealing desk trading, guaranteeing fair and efficient trade execution. If you’re into automated trading, cTrader has you covered with cAlgo. It lets you create and use your own custom algorithms.

 

In addition, cTrader offers a wide range of features to enhance your trading experience, which includes advanced charting tools, customizable indicators, and various order types. Whether you’re an experienced trader or new to the Brazilian market, cTrader has something for everyone.

 

What trading platforms does Pepperstone offer Brazilian traders?

Brazilian traders can use TraderView, MetaTrader 4 and 5, cTrader, and the Pepperstone Platform.

 

What distinguishes TradingView for Brazilin traders that use Pepperstone?

TradingView provides comprehensive charting tools, social trading capabilities, and an economic calendar, allowing Brazilian traders to connect with one another and stay informed.

Pepperstone Range of Markets

 

Pepperstone Range of Markets

 

🔑InstrumentNumber of Assets OfferedLeverage Offered
📈Forex701:200 (retail)
1:500 (Pro)
💎Precious Metals111:200
🚩ETFs1001:20
📍Indices281:200
📊Stocks1,0001:10
🪙Cryptocurrency191:10
🗂️Commodities171:200

 

Pepperstone Leverage and Margin

Pepperstone understands the importance of tailoring its products to meet Brazilian local regulatory needs while preserving a friendly and competitive trade environment.

 

In light of this, we discovered that well-calibrated leverage and margin options might be highly advantageous for traders in Brazil. With Pepperstone’s large leverage option, traders can gain more market exposure with less capital needed.

 

For forex trading, Pepperstone provides up to 1:500 leverage under ASIC supervision and up to 1:400 leverage under CMA regulation.

 

Our research also reveals that other factors, including the particular instrument being traded, the size of the position, and the leverage selected, can affect margin requirements, which can vary.

 

Pepperstone’s platform has been thoughtfully designed with risk management at its core. Traders are not allowed to establish positions without sufficient margin, and their positions are automatically canceled to prevent further losses if their equity falls below 50% of the necessary margin.

 

With this safeguard, Brazilian traders can feel more confident about controlling risk and seizing market opportunities.

 

What are pips?

Pips, or “percentage in points,” are the smallest price increments in forex trading. They represent the fourth decimal place in most currency pairs.

 

What influences forex prices?

Various factors influence forex prices, including economic indicators, geopolitical events, central bank policies, interest rates, and market sentiment.

Pepperstone Fees

In our investigation of Pepperstone we looked into its fee structure and explored the trading and non-trading fees to see what the trading conditions are for Brazilian traders.

 

Pepperstone Fees

 

Pepperstone Spreads

On the Standard account, spreads typically start at 0.6 pips, whereas on the Razor account, spreads are as low as 0.0 pips on the common currency pair EUR/USD. Remember that although the Razor account offers very low spreads, it does make up for a commission charge.

 

While Pepperstone offers are very competitive, Brazilian traders should note that spreads can change quickly in response to market volatility.

 

Pepperstone Commissions

The commission charges on Pepperstone are straightforward and transparent. With the Standard account, there are no commission charges as it is already included in the spreads.

 

However, a commission fee starts at AU$ 3.50 per side for currency pairs and AU$ 0.07 per share for share derivatives. While this might seem extremely expensive initially, the historically low spreads start at 0.0 pips more than make up for it, and high-volume traders might pay less overall.

 

Pepperstone Overnight Fees

Swap fees are charged if Brazilian traders intend to maintain holding overnight, in other words, for a longer period than the trading day.

 

Swap fees might change based on the type of instrument being traded, the current interest rate, and the trade length. When working with currency pairs, we discovered that the overnight cost is significantly impacted by the difference in interest rates between the two currencies.

 

Pepperstone Deposit and Withdrawal Fees

Brazilian traders will be glad to know that we found Pepperstone does not charge any deposit or withdrawal fees. However, traders should keep in mind that the bank traders use for trading activities might charge fees. The only fee charged is $20 for telegraphic transfers.

 

Pepperstone Inactivity Fees

Pepperstone doesn’t charge any inactivity fees on dormant accounts, which is an advantage to traders who do not trade all that frequently and would like to take a break from trading.

 

Pepperstone Currency Conversion Fees

Pepperstone provides quite a choice of base currencies; no conversion fees will apply if you use the accepted base currency.

 

However, Pepperstone does not accept the Brazilian Real (BRL) as a currency when Brazilians want to deposit or withdraw funds. Currency conversion fees will apply although there is no indication on the website what the fees will be.

 

Conversion is usually done at the current market rate in these cases. While Pepperstone doesn’t apply a markup, the rate can change, so the costs might vary.

 

Does Pepperstone charge deposit fees?

Pepperstone does not charge any deposit fees for most methods, although traders should verify with their bank about any additional fees, especially for international wire transfers.

 

Are Brazilian traders expected to pay inactivity fees for dormant accounts?

No, Pepperstone does not charge any inactivity fees.

Pepperstone Deposit & Withdrawal Options

Pepperstone offers the most popular payment methods and base currencies, ensuring fast and reliable deposit and withdrawal processes. Let’s have a look at what is on offer.

 

Pepperstone deposists and withdrawls

 

💰Payment Method🌍Country💱Currencies Accepted⏰Processing Time
VisaAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days
MastercardAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days
Bank transferAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 7 days
MPESAAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant – 5 days
PayPalAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant – 5 days
BpayAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days
NetellerAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant – 5 days
POLiAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD1 to 3 days
SkrillAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant – 5 days
China UnionPayAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days

 

Pepperstone Deposits

 

How to Deposit using Bank Wire Step by Step

  • Log in to your Pepperstone account and go to the client area.

  • Click on the “Funds” tab and choose “Add Funds.”

  • Next, click on “Bank Transfer”.

  • Choose your deposit amount and base currency.

  • Get Pepperstone’s banking information.

  • Conclude the transfer after you have ensured the information is correct.

  • Your account should reflect the money in three to seven business days.

 

How to Deposit using Credit or Debit Card Step by Step

  • Log in to your Pepperstone account and go to the client area.

  • Click on the “Funds” tab and choose “Add Funds.”

  • Next, click on “Credit/Debit Card”.

  • Choose your deposit amount and base currency.

  • Add your credit card number, expiration date, and CVV.

  • Click “Confirm” after you have checked that the information is correct.

  • Your account should reflect the money in 3-5 business days.

 

How to Deposit using Cryptocurrency Step by Step

  • Log into your Pepperstone account and go to the client area.

  • Click on the “Funds” tab and choose the “Add Funds” option.

  • Select “Cryptocurrency”.

  • Make your deposit by selecting the coin type.

  • Enter the deposit amount to generate a unique wallet address.

  • Click “Confirm” and send the funds from your wallet to the provided address.

  • Wait until the blockchain has verified the transaction.

  • The funds will be transferred to your trading account once the transaction is completed.

 

How to Deposit using e-Wallets or Payment Gateways Step by Step

  • Log into your Pepperstone account and go to the client area.

  • Click on the “Funds” tab and choose “Add Funds.”

  • Select the online payment method that you want to use for the transaction.

  • Enter the deposit amount and choose your base currency.

  • Log into your electronic wallet to authorize the transaction.

  • Click “Confirm” to conclude the deposit.

  • You can expect the money to appear in your trading account within a couple of hours.

 

Pepperstone Withdrawals

How to Withdraw using Bank Wire Step by Step

  • Go to the Pepperstone client area online.

  • Select “Withdraw Funds” from the “Funds” option.

  • Select “Bank Transfer” as the method.

  • Select the withdrawal amount and the base currency.

  • Check that the name on your trading account corresponds to the information on your bank account.

  • Click “Confirm” to conclude the withdrawal.

  • You should get the funds in your bank account between 3-7 business days.

 

How to Withdraw using Credit or Debit Cards Step by Step

  • Go to the Pepperstone client area online.

  • Select “Withdraw Funds” from the “Funds” option.

  • Select “Credit/Debit Card” as your withdrawal method.

  • Enter the withdrawal amount and base currency.

  • Confirm the card details and approve the transaction.

  • Simply click “Confirm” to submit your withdrawal request.

  • Funds should reflect on your card within 3-5 business days.

 

How to Withdraw using Cryptocurrency Step by Step

  • Go to the Pepperstone client portal online.

  • Select “Withdraw Funds” from the “Funds” option.

  • Select “Cryptocurrency” from the available options.

  • Choose the cryptocurrency you want to withdraw your funds in.

  • Enter the withdrawal amount and provide your wallet’s address.

  • Wait for the blockchain to verify the transaction.

  • The funds will be transferred to your digital wallet.

 

How to Withdraw using e-Wallets or Payment Gateways Step by Step

  • Go to the Pepperstone client portal online.

  • Select “Withdraw Funds” from the “Funds” option.

  • Select your preferred e-wallet.

  • Enter the withdrawal amount and the base currency.

  • Log into your e-wallet and authorize the transaction.

  • Confirm the withdrawal request.

  • The funds will be reflected in your account within three hours.

 

Where can I see my withdrawal status?

Your withdrawal status is shown in the Funds tab. Select History and then Withdrawals to see all withdrawals, their current status, and a legend with explanations to guide you.

 

How do I add funds to my trading account?

Log into your secure client area and head to the Funds tab, then Add Funds, where you’ll find various funding options.

Pepperstone Educational Resources and research

Our research into Pepperstone’s offering indicated that the broker offers a range of educational materials and trading tools, including the following.

 

Pepperstone education

 

Type of EducationInformation
📅Economic CalendarYes
✴️VPSYes
🕹️AutoChartistYes
📈Trading ViewYes
📊Trading CentralYes
📉Market AnalysisYes
🗞️News FeedYes
💻BlogYes
📚eBooksno
📼Educational VideosYes
🛫Platform TutorialsNo
👨‍💻WebinarsYes
💼SeminarsYes
👩🏾‍💻Live Supportyes
👉 Open AccountOpen Account

 

What is the Pepperstone VPS hosting service?

Built on cutting-edge technology, Pepperstone’s VPS Hosting Program offers effortless connectivity to Pepperstone’s trading environment, allowing traders to enjoy advanced trading conditions and ultra-low latency.

 

What is AutoChartist?

AutoChartist helps you to focus on the trade by removing market noise and highlighting the currency pairs, data intervals, and technical indicators that signify key market events since, in a market that’s always on the go, it can be tricky to know which moves matter.

Pepperstone Bonuses and Promotions

ON investigating the Pepperstone website to see what bonuses and promotions the broker offers, it was clear that it does not offer deposit bonuses because the broker believes that funds should go into providing low-cost trading and a quality platform infrastructure.

 

The broker does, however, offer a refer-a-friend bonus.

 

Pepperstone bonusses

 

$250 Refer a Friend Bonus

Brazilian traders can earn a bonus of $250 in the Refer a Friend program. This exclusive system provides incentives for both the referring trader and their friend with withdrawable cash.

 

In the first three months after creating an account, the bonus amount is proportional to the amount the referred friend deposits and trades.

 

Everyone wins in this setup because it encourages both active trading behavior and the act of referring friends. Traders should read the referral program terms and conditions carefully.

 

Minimum deposit and trading volume conditions, among others, must be met by the referred buddy within a set date.

 

To refer a friend, enter their full name and email address to the ‘Rewards’ tab in your secure client area.

 

In addition to the refer a friend program, Pepperstone also offers an Active Trader Program where you can earn forex cash rebates based on your trading volume and save on trading commissions.

 

Your rebate will depend on how many standard lots you trade each month. The more you trade, the higher your rebate.

 

Does Pepperstone offer a welcome bonus to new traders?

Pepperstone does not offer new or established clients a welcome or deposit bonus.

 

How much can Brazilians earn if they participate in the Refer a Friend program?

Traders can earn up to $250 when they refer a friend. However, certain terms and conditions apply.

Pepperstone Affiliate Programs

Pepperstone has its clients’ best interests at heart. In addition to the advantages of teaming up with Pepperstone, the broker also offers an affiliate program where Brazilian traders can become partners of the broker. We discuss the features below:

 

Pepperstone affiliate programs

 

Features

Brazilians traders that own businesses in Brazil can partner up with Pepperstone through its affiliate program.

 

This opportunity is aimed at the Brazilian communities involved in blogging, internet marketing, SEO, lead generation, indicators, and EA development, to mention but a few.

 

Pepperstone offers its affiliates a variety of marketing materials designed specifically for the Brazilian market. All the products, such as banners and training materials, are made with the target audience in mind.

 

The program’s compensation structure depends on the trading activity of referred clients, providing a possibility to earn substantial revenue. Affiliates can advertise Pepperstone’s offerings through social media, webpages, etc., and earn additional income through the incentives offered.

 

Affiliates can see the statistics of how the referred clients are doing in real time and can then fine-tune their advertising strategies for maximum impact. Also, to ensure the partnership is running well, Pepperstone has a dedicated affiliate support team offering one-on-one advice.

 

Our research into Pepperstone’s affiliate program indicates that Brazilian affiliates can promote Pepperstone with confidence and consistently bring in new referrals because of the solid reputation of the brand and its dedication to providing traders with a first-rate experience.

 

In addition, affiliates must submit an invoice for wire transfer settlements as part of the payment process, and they must be cautious not to go above the USD 500 minimum pay-out restriction.

 

How to Register an Affiliate Account with Pepperstone Step-by-Step

  • Navigate to the homepage of Pepperstone and click the “Partners” link in the top left corner.

  • Next, click on “Partner Programs”. Here, you can get a comprehensive overview of the affiliate program, including features, perks, and commission structures; click “Learn More” at the bottom.

  • When you are ready to join the program, click “Sign up now” to begin registration.

  • Complete the online affiliate application form by providing your name, email address, phone number, and additional information on your marketing channels and experience.

  • Submit your application. The review by Pepperstone will take two to five business days and they might contact you for additional information.

  • Pepperstone will email you your affiliate account information and login instructions, confirming your authorized application. This email will also include instructions for obtaining your exclusive tracking links and advertising materials.

  • Now you can log into your affiliate dashboard with the information from the confirmation email.

  • Here, you can view your commissions and referrals and access marketing materials, real-time tracking tools, and your own tracking links.

  • Pepperstone will provide advertising materials and tracking links you can recommend to your clients. These links can also be used on your social media pages, website, blog, or any other marketing tools you use.

  • All successful referrals will result in a monthly payment to you

  • Ensure your fee balance reaches the USD 500 minimum pay-out and, once it does, request a pay-out.

  • Commissions are paid out within 15 days after receiving a payment request.

 

How can Brazilian traders benefit from the partner program?

The Partner Programs offer everything you need to expand your business, from tailored CPA deals, unparalleled rebates, and dedicated support to cutting-edge marketing tools, which can earn you and steady additional income depending on how many friends start trading.

 

What’s the difference between the Affiliate Programs and IB programs of Pepperstone?

The payment structure is the key distinction between the Pepperstone IB and the Affiliate program.

 

Affiliates typically receive a cost per acquisition (CPA), meaning a one-time payment is received for each new client introduced. In contrast, IBs receive ongoing payment as the client’s trade volume increases.

Pepperstone Customer Support

 

🖳Customer SupportPepperstone Customer support
🕰️Operating Hours24/7
🎗️Support LanguagesMultilingual
💬Live ChatYes
📧Email AddressYes
☎️Telephonic SupportYes
📱The overall quality of Pepperstone Support5/5
👉 Open AccountOpen Account

 

Pepperstone customer support

 

🖳Support ChannelAverage Response TimeUser-based Response Time
☎️Phone5 minutes2 – 5 minutes
📧Email 1 working daySame-day
💬Live Chat5 minutes2 – 5 minutes
📱Social Media5 minutes5 minutes
🧑‍🤝‍🧑Affiliate1 – 3 working daysSame-day
👉 Open AccountOpen Account

 

Does Pepperstone have a live chat?

Yes, Pepperstone is available 24/5 on live chat to answer any questions.

 

Does Pepperstone give customer support in Portuguese?

No, Pepperstone does not give customer support in Portuguese.

Pepperstone Social Responsibility

 

By the end of the fiscal year 2023, Pepperstone Group planned to achieve carbon neutrality, as it openly stated in several publications. In doing this, Pepperstone demonstrated its commitment to environmental responsibility and was an example to others in the Forex CFD business.

 

Furthermore, we also found that Pepperstone joined forces with Pangolin Associates, a recognized firm focusing on carbon management and sustainability, to reach carbon neutrality.

 

They assessed the present environmental effect of the business and worked together to find solutions.

 

In addition, Pepperstone committed to reducing waste and implemented initiatives including partnering with organizations like Returnr to promote reusable packaging. The company’s dedication to the environment was further demonstrated by its plans to switch to renewable energy sources.

 

We found that Pepperstone has not yet disclosed its plans for CSR projects in 2025, even though its past CSR activities are clear.

 

Overall, Pepperstone has long been known for its commitment to ethical and environmentally responsible business operations, and this expectation only strengthens that reputation.

User Comments

Pepperstone’s users aren’t shy to say what they think about this large, reputable broker, and we found the following most recent comments:

✅“I have been a client of Pepperstone for around 3 years, and I am glad that I was contacted by my new client manager Richa Kawra and offered me free tickets to the footy game. Nice to have perks from Pepperstone. So huge thank you to Richa and Pepperstone team.”

✅“Pepperstone is really amazing. Sales executive John was friendly and supportive; he answered all my questions well, which will help me as a beginner to manage my account.”

✅“Pepperstone is one of the most amazing brokers you could ever come across. I was suggested by one of my very good Pro Trader friends. And when I practically started with them I realized it is amazing. They support all the needed platforms with very good spreads. Above all they have amazing Support Team ready to help. I much appreciate Mr. Dimitry Campbell (My account Manager) for all the understanding and readiness to help & guidance, even regular catch-up to understand the needs. These things always retain the good customers. At last I strongly feel they provide everything what a serious user wants and would love to highly recommend to anyone New or Pro in trading to join the Team.”

10 Best Forex Brokers in Brazil

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

Read Review

CySEC, MWALI, FSCA

$25

#4

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#5

FSCA, FSC, ASIC, CySEC, DFSA

$5

#6

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$0

#7

FSA, CySEC, FSCA, FSC

$10

#8

ASIC, CySEC, FSCA, FSA

$100

#9

CySEC, FCA, FSA, FSCA

$100

#10

Read Review

FCA, CMA, FSC

$200

#1

$100

Minimum Deposit

#2

$0

Minimum Deposit

#3

$25

Minimum Deposit

#4

$10

Minimum Deposit

#5

$5

Minimum Deposit

#6

$0

Minimum Deposit

#7

$10

Minimum Deposit

#8

$100

Minimum Deposit

#9

$100

Minimum Deposit

#10

$200

Minimum Deposit

Conclusion

Our research shows that Pepperstone offers Brazilian traders a full suite of trading tools and platforms, including the popular cTrader and MetaTrader.

 

The broker has the best interest at heart of both experienced and novice traders with its competitive spreads and dedication to fast execution times.

 

Compliance with regulations by highly regarded authorities also boosts trust and security, as shown in our research. Their diverse account types, excluding swap-free Islamic accounts in Brazil, let traders discover a suitable solution for their specific requirements, goals, and trading strategies.

 

The affiliate program will also appeal to most traders who would benefit from an extra income.

 

However, we also notice some drawbacks. Pepperstone does not give Brazilians any local deposit or withdrawal methods, has little localized service, and does not have an account denominated in BRL. The demo account is also only valid for 30 days following registration.

 

In conclusion, Pepperstone provides a strong trading environment, but it might better cater to the Brazilian market by offering more localized services and educational resources.

Our Insight

While Pepperstone offers a unique package that combines competitive and transparent pricing with user-friendly platforms and an overall dynamic trading experience, we believe some areas could need some tweaking.

Our Recommendations 

Pepperstone should satisfy the trading needs of most traders. However, in terms of Brazilian traders, there are some areas where improvements could be made, including the following:

  • Although Pepperstone offers a large range of educational resources, introducing more Brazilian materials can benefit Brazilian traders.

  • A support staff fluent in Portuguese and knowledgeable about the state of the local market could greatly enhance the whole trading experience of Brazilian clients.

  • Putting together networking events, seminars, and workshops in big Brazilian towns could help Pepperstone become more well-known in the region.

  • Although Pepperstone accepts a number of payment methods, adding more choices catered only to traders in Brazil could make the deposit and withdrawal procedures easier, especially if they accept the Brazilian Real (BRL) as the base currency.

Pepperstone Pros and Cons

✅Pros❌Cons
Pepperstone is well-regulated through reputable agenciesThere are no BRL-denominated accounts available
The broker caters to beginner and more experienced tradersNot locally regulated in Brazil
Offers trading on the MetaTrader 4 and 5 platformsNo Islamic Account
Has its own proprietary platformNo customer support in Portuguese
Offers sufficient reliable payment methodsThe demo account expires after 30 days
Commission free tradingNegative balance protection is only available for UK/EU clients

 

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Frequently Asked Questions

What types of accounts does Pepperstone provide?

Pepperstone provides Standard and Razor accounts to Brazilian traders.

 

What are the trading platforms offered by Pepperstone?

Pepperstone offers the MetaTrader suite, ViewTrader, cTrader, and the Pepperstone Trading Platform for Brazilian traders.

 

What minimum amount is required for Brazilian traders to open an account with Pepperstone?

The minimum deposit for both the Standard and Razor accounts is 200 AUD, or around 699,14 BRL (depending on the exchange rate).

 

Can Brazilian traders register for an Islamic Swap-free account?

No, Brazilian traders are not on the acceptance list of Pepperstone to register for an Islamic account.

 

Does Pepperstone hedge positions?

Yes, Pepperstone proactively monitors its exposure, hedging internally when it can and using multiple external providers to hedge when the market risk exceeds certain limits.

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