Pepperstone Spread Values Analyzed

Trading conditions are one of the most crucial things to consider when you’re looking for a decent and reliable broker. You should really pay attention to spreads since they directly affect your outcomes and determine how successful your trades can be. Pepperstone is a relatively popular broker, and it’s very well-known for its favorable conditions and low fees. But what about spread values? In this article, we are going to analyze its spreads and tell you more about their structure.

Broker overview

Founded in 2010, Pepperstone is an Australian broker that has managed to attract thousands of both novice and professional traders from all over the world. The company operates in about 40 countries, but it’s especially popular with traders from Europe and Asia, not to mention Australia itself. It’s known to be extremely secure and heavily regulated by numerous reputable organizations like FCA or ASIC, so your funds are definitely safe with this broker.

Pepperstone is favored by many traders for its fast order execution and broad array of assets: there is a really impressive choice among more than 1.200 different trading tools. That number includes many kinds of CFDs on various underlying assets. The minimum deposit is just $200, and the fees are quite low: there are no withdrawal fees, no inactivity fee, and so on. The broker is also known for its decent spreads on most instruments, but is that Pepperstone spread structure really that great? Let’s find out.

Spreads offered

Pepperstone features two different accounts suitable for different trading styles, and each of these two options has its own spread structure. Most of the novice users have a Standard account that features spreads starting from 0.6 pips. While that’s not the best value on the market, it’s a pretty decent range that is suitable for new traders. However, more experienced traders have access to Razor accounts: a professional account like that allows you to have spreads starting from zero pips.

But you should keep in mind that Razor accounts have additional commissions for each trade. While a common user doesn’t pay any commissions, traders using Razor account have to pay $3.50 per trade via the broker. Anyway, professional accounts have other valuable bonuses like higher leverage, more discounts, and so on. If you’re really interested in trading with Pepperstone, it’s recommended to try it out as soon as you can.

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