Here is a screenshot of the Pepperstone MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Pepperstone UK offers maximum leverage of 1:30, negative balance protection, and the best regulatory mandated compensation scheme of £85,000 per client. Pepperstone Australia offers maximum leverage of 1:30, negative balance protection, but no compensation scheme for depositors. Each trader must weigh what matters most to their trading style. Therefore, I am confident trading from the CMA licensed subsidiary. Pepperstone is a global brand with a spotless record and a reputation to maintain. Traders at the Bahamas unit get 1:200 without negative balance protection. As an active high-frequency trader, I prefer the Kenyan subsidiary over the Bahamas, as it offers negative balance protection plus maximum leverage of 1:400. Pepperstone presents clients with seven well-regulated subsidiaries.Īustralian Securities & Investments CommissionĬyprus Securities and Exchange CommissionĪll client deposits remain segregated from corporate funds held at Tier1 banks.
#Pepperstone ctrader web license
I always recommend that traders check for regulation and verify it with the regulator by checking the provided license with their database. Trading with a regulated broker will limit the potential for fraud and malpractice. Pepperstone also caters well to beginner traders with a quality educational offering, in-house research, and 24/5 multilingual support. Traders get access to raw spreads for a commission of $7.00 per round lot, while the Active Trader Program and the VIP client service award high-frequency traders, another thing I value highly. Summary Pepperstone Overview - A Dedicated Broker for Algorithmic Traders and ScalpersĪlgorithmic traders and scalpers account for the bulk of trading activity, and Pepperstone maintains a trading environment that supports their strategies, which benefits me the most because that is my trading style.