Pepperstone
Partner ID: 47652 Trust Score: 88/100Pepperstone offers forex and CFD trading on MetaTrader 4 and 5, cTrader, TradingView and its own platform through two account types: Razor with spreads from 0.0 pips and $3.50 per-lot-per-side commission on FX and gold, and Standard with spreads from 0.1 pips commission-free. Neither has a minimum deposit. Leverage reaches 1:500 for professional clients; retail clients are capped at 1:30 under UK, EU and Australian rules. Founded in 2010 in Melbourne, Pepperstone runs six licensed entities: Pepperstone Group Limited (ASIC, AFSL 414530), Pepperstone Limited (FCA UK, 684312), Pepperstone Financial Services (DIFC) Ltd (DFSA Dubai, F004356), Pepperstone Markets Limited (SCB Bahamas, SIA-F217), plus BaFin-licensed German and CySEC EU arms. Terms last verified against Pepperstone's own pages on 5 October 2026.
Data last verified Oct 09, 2026
Earn Upto 90% Rebate Share
Register with Pepperstone through our referral link and receive 90% of the trading rebates directly to your account. No hidden fees, instant profit sharing on every trade.
Get your share of rebates quickly with regular payouts
Receive up to 90% of all trading rebates automatically
Rebates are credited as soon as they're received from the broker
Track your rebates and earnings in real-time
Calculate Your Potential Earnings
Use our rebate calculator to estimate your potential earnings. Choose your preferred trading account, instruments, and trading volume to see how much you could earn in rebates.
Available Account Types
Compare rebate rates for different account types
Pepperstone Razor Account
raw- Min Deposit: $0.00
- Commission: 3.5
- Weekly rebate payouts
Pepperstone Standard Account
variable- Min Deposit: $0.00
- Commission: 0
- Weekly rebate payouts
General Information
Pros
- No minimum deposit on either account type, per Pepperstone's own account table.
- Razor spreads from 0.0 pips with $3.50 per-lot-per-side commission on FX and gold.
- Standard account commission-free with spreads from 0.1 pips.
- Six regulated entities across the UK, Australia, EU, Germany, Dubai and the Bahamas.
- MetaTrader 4 and 5, cTrader, TradingView and Pepperstone's own platform.
Cons
- Retail clients are capped at 1:30 leverage in the UK, EU and Australia; the 1:500 figure applies to professional clients only.
- Leverage above 1:30 means trading through the offshore Bahamas entity, where client protection is weaker.
- Spreads on the Standard account are wider than Razor pricing.
- No investor compensation scheme covers clients onboarded under the Bahamas entity.
Account Types Comparison
Compare all account features side-by-side
| Feature | Pepperstone Razor Account pepperstone-razor-account | Pepperstone Standard Account pepperstone-standard-account | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 📋 Account Basics | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Deposit | $0.00 | $0.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Leverage | 1:500.00 | 1:500.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Spread Type | raw | variable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rebate Payout Frequency | Weekly | Weekly | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 📊 Lot Sizes & Limits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Lot Size | 0.0100 | 0.0100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Lot Size | 100.0000 | 100.0000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lot Increment | 0.0100 | 0.0100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Orders | 200 | 200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ⚠️ Margin & Risk Management | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Margin Call Level | 90.00% | 90.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop Out Level | 50.00% | 50.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop/Limit Orders | Supported | Supported | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ⚡ Trading Features | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ECN / STP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Execution | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Instant Execution | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Scalping Allowed | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Hedging Allowed | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EA / Expert Advisors | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Copy Trading | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PAMM / MAM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Islamic (Swap-Free) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trading Platforms
Payment Methods
Deposit Methods
Withdrawal Methods
Trading Features
Trading
- Scalping Allowed
- Hedging Allowed
- Expert Advisors (EA)
- Copy Trading
- PAMM / MAM
- Negative Balance Protection
- Pending Orders
Account
- Demo Account
- Islamic Account (Swap-Free)
- Micro Accounts
- Mini Accounts
- Standard Accounts
- VIP / Premium Accounts
- Multi-Currency Account
Payment
- Instant Deposits
- Fast Withdrawals
- Credit Card Deposits
- Cryptocurrency Payments
- Wire Transfer
- E-Wallets
- No Deposit Fees
- No Withdrawal Fees
Support
- 24/7 Customer Support
- Live Chat Support
- Phone Support
- Email Support
- Multi-Language Support
- Personal Account Manager
Education
- Educational Resources
- Trading Webinars
- Trading Tutorials
- Market Analysis
- Economic Calendar
- Trading Signals
Bonus
- Loyalty Program
- Cashback / Rebates
- Referral Program
Security
- Two-Factor Authentication (2FA)
- Segregated Accounts
- SSL Encryption
- Regulated Broker
- Investor Compensation Fund
Service & Support
Why Trade with Pepperstone?
Pepperstone is a globally recognized online forex and CFD broker known for providing exceptional execution speed, deep liquidity, and competitive trading conditions.
Key advantages of trading with Pepperstone include:
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Strict Global Regulation: Regulated across multiple jurisdictions by top-tier authorities including the Financial Conduct Authority (FCA in the UK), Australian Securities and Investments Commission (ASIC in Australia), CySEC (Cyprus), and DFSA (Dubai).
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Ultra-Low Spreads & Low Costs: The Razor account offers raw spreads starting from 0.0 pips with low commissions, while Standard accounts feature zero-commission trading.
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Ultra-Fast Order Execution: Fast fill rates (under 50ms average) with minimal slippage and no dealing desk intervention.
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Versatile Platform Selection: Full support for industry-leading trading platforms including TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and the proprietary Pepperstone app.
Frequently Asked Questions
How much cashback can I earn on Pepperstone, and which account pays the most?▾
Our highest published rate is on Pepperstone Standard Account: $3.20 per lot on currencies, metals $0.22. Published currencies rates run $1.50–$3.20 per lot across rated accounts. Per-account rates (default per asset class, USD per lot): - Pepperstone Razor Account: Currencies $1.50, Metals $0.15 - Pepperstone Standard Account: Currencies $3.20, Metals $0.22
How is the Pepperstone cashback calculated?▾
Per lot you trade, at the rate for that asset class on your account. For example, EURUSD on Pepperstone Standard Account currently pays $3.20 per lot. Your total is eligible volume times the applicable rate — more volume at the same rate means proportionally more cashback. Use the rebate calculator on this page for your own volume. At 5 standard lots a week on Pepperstone Standard Account, that works out to roughly $16.00 a week in cashback.
Does cashback change Pepperstone spreads or commission?▾
No — cashback is paid out of the referral commission Pepperstone pays us, so your trading conditions stay exactly as Pepperstone sets them. Recorded commissions for reference: - Pepperstone Razor Account: $3.50 recorded (per-side or round-turn basis not stored) - Pepperstone Standard Account: no commission recorded
Do I earn cashback when my Pepperstone trade loses?▾
Yes — cashback accrues per eligible trade, win or lose. The only exceptions are trades that fail the eligibility conditions in the next answer.
Which Pepperstone accounts or trades don't earn cashback?▾
Every account on this page carries a published rate. Beyond that, brokers typically set conditions such as a minimum trade duration, voiding rebates for churning (trading only to farm rebates), or restricting some countries/entities. The exact conditions in PaidRebate's arrangement with Pepperstone are commercial terms, not public pages. One standing rule covers it all: cashback is a share of commission the broker actually pays us — where the broker pays nothing on volume, there is nothing to share.
When and how is my Pepperstone cashback paid?▾
Weekly — every account on this page pays out weekly. Once paid out, withdraw any time your balance reaches the $50 minimum. You can watch it accrue trade by trade in your PaidRebate profile.
Is my money protected with Pepperstone?▾
Our record lists Pepperstone under: Financial Conduct Authority (GB); Cyprus Securities and Exchange Commission (CY); Australian Securities and Investments Commission (AU); Dubai Financial Services Authority (AE); BaFin (Germany); Securities Commission of The Bahamas (SCB). What protection that gives YOU depends on which entity your account opens under — regulators cover specific legal entities, not the brand worldwide, and offshore entities carry no investor compensation scheme.
How do I start earning cashback on Pepperstone?▾
Register on PaidRebate, open your Pepperstone account through the referral link on this page, then submit the broker account number in your PaidRebate profile so trades can be tracked to you. Trade normally — eligible trades accrue cashback you can withdraw once the balance reaches the $50 minimum.
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