Forex and CFD provider operating through several licensed group companies. Its international site pepperstone.com/en is run by Pepperstone Markets Limited (SCB, Bahamas) and offers CFDs on forex, indices, shares, commodities, ETFs and crypto on its own platform, MetaTrader 4 and 5, cTrader and TradingView.
Last reviewed: 19 October 202612 sourcespepperstone.com
Entity for international clients
Pepperstone Markets Limited · The Bahamas · SCB
Licensed entities
SCBASICFCACySECBaFinDFSACMA
Minimum deposit
No minimum to open
Lowest published cost
Razor: from 0.0 pips + USD 3.5 per side
Regulation
Each licence covers only the entity named. Check which entity will hold your account before you register.
SCBChecked on the register
Pepperstone Markets Limited
Regulator
Securities Commission of The Bahamas
Country
The Bahamas
Licence no.
SIA-F217
Authorisation
Listed among SCB registrants (as at 30 September 2026) in a category that includes dealing in capital market instruments as agent or principal. Licence number as stated by the broker; the list shows no numbers.
Serves
Operator of the international site pepperstone.com/en; named as product issuer on the UAE site (pepperstone.com/en-ae)
Cypriot Investment Firm licensed 03/08/2020. Its register address (3 Myronos Str, Limassol) differs from the one on the EU site (195 Makarios III Avenue).
Serves
EU site (pepperstone.com/en-eu); not intended for residents of Belgium, Spain or the US
The international site is run by Pepperstone Markets Limited (SCB, Bahamas), and the UAE site names the same entity as product issuer. The DFSA entity's permission is 'Arranging Deals in Investments' only, and the UAE CMA/SCA entity is licensed for introduction and consultation only, per the broker (not verified on the register).
Markets & platforms
Markets
Forex
Indices
Stock CFDs
Commodities
Metals
Crypto CFDs
Copy trading
Platforms
Pepperstone platform
Pepperstone app
TradingView
MetaTrader 5
MetaTrader 4
cTrader
Account types
Standard
Razor
Fees & costs
Values as the broker publishes them; "from" is the lowest advertised value, and actual costs vary by instrument, account and market conditions.
Costs
Standard: no commission, cost in the spread (the site states both 'from 0.1' and a 1-pip minimum on EUR/USD). Razor: forex spreads from 0.0 plus commission from USD 3.50 per side, varying by platform. Conditions vary by entity.
Standard
Minimum deposit
USD 0
Spreads
The account table says 'from 0.1', while the costs page gives a minimum of 1 pip on EUR/USD and GBP/USD; indices from 0.4 pts on US500
Commission
No commission, except share CFDs (from 0.2% per side on Hong Kong share CFDs)
Notes
Leverage: the account table shows 30:1 retail and 500:1 Pro, while the homepage says 'up to 1:1000' under SCB Pro. Conditions vary by entity.
Razor
Minimum deposit
USD 0
Spreads
Forex from 0.0 pts; spot gold (XAU/USD) from 0.08 pts
Commission
Forex and spot gold from USD 3.50 per lot per side (MT4, MT5, Pepperstone platform); cTrader USD 6 and TradingView USD 7 round turn (per unit, as quoted)
Notes
Other markets are priced as on Standard. Conditions vary by entity.
Deposits & withdrawals
Deposit & withdrawal methods
Debit/credit cards, Apple Pay, Google Pay, PayPal, Neteller, Skrill, crypto, domestic bank transfer and local methods (e.g. Indonesia, Malaysia). The /en pages also list BPAY and PayID, which appear to be Australian content.
Account currencies
Not available
Withdrawal fees & terms
Withdrawals are free per the broker except international bank transfers (USD 20 deducted); banks may charge. No inactivity or account-keeping fees; accounts under 10 units with no trading for 3+ months may be archived.
Country restrictions
The UK, EU and German sites are not intended for US or Belgian residents (the EU site also excludes Spain). The international site gives only a generic statement with no country list.
Strengths & limits
Strengths
Licences confirmed on the FCA (684312, since 2015), ASIC (414530, current), CySEC (388/20), BaFin (151148), DFSA (F004356) and CMA Kenya (128) registers; Pepperstone Markets Limited is listed by the SCB.
The international site and the UAE site's product issuer are an offshore Bahamas entity; the UAE onshore licence covers introduction and consultation only, and the DFSA entry shows 'Arranging Deals in Investments' only.
Official pages conflict: Standard spread 'from 0.1' vs a minimum of 1; 500:1 Pro leverage vs 'up to 1:1000'; 6 base currencies on the accounts page (AUD, USD, EUR, GBP, SGD, HKD) vs 10 on the funding page (adding CAD, CHF, JPY, NZD).
