Pepperstone account types explained (2026)

Pepperstone's spreads: "from 0.0 pips (Razor, FX)". Its commission: "USD 3.50 per lot per side (Razor, FX and spot gold)". By account: "Standard: 1 pip markup on forex, no commission (Razor: raw spreads from 0.0 pips plus USD 3.50 per lot per side)". A "from" spread is the lowest the broker shows, not what you pay most of the time. To compare two accounts fairly, add the spread cost and the round-turn commission for one lot; the cost per lot calculator does it in a few seconds.

• Fewer, longer trades: the spread matters less than swaps and simplicity; a commission-free account keeps the costs in one number.
• Many short trades: the spread is paid on every trade, so a raw-spread account with commission often costs less per lot. Check with the calculator before you decide.
• Small first account: start with the account that has the lowest minimum deposit (Pepperstone: "$10 (no minimum for domestic bank transfers)") and a demo first.

Pepperstone lists: Pepperstone platform, MT4, MT5, TradingView, cTrader. Not every account is available on every platform; Pepperstone's account pages say which.

Which Pepperstone company opens your account depends on where you live. If you live in the EU, the UK, Australia, South Africa, Kenya, the UAE or Qatar, our link only goes to a Pepperstone entity licensed for your country, and where there is none we show no link. We show no sign-up links at all in countries where promoting offshore brokers is not allowed. Check each licence on the regulator's register before you deposit.

Pepperstone publishes that 73.6% of its retail CFD accounts lose money. Before you choose, put Pepperstone next to its closest rivals: Pepperstone vs Axi, Pepperstone vs Capital.com, Pepperstone vs Admirals. Our country pages list Pepperstone for the UAE, the United Kingdom, Germany, France, Italy.