Pepperstone Financial is an STP ECN forex broker operating on the execution only forex model with about 22 liquidity providers and ECN’s. Founded in 2010, Pepperstone is registered and based out of Melbourne, Australia. Pepperstone. Pepperstone makes use of custodian banking services, with trader funds being kept in a trust account held with the National Australia Bank and funds are maintained in full accordance with Australian client money rules and regulations.
Pepperstone is one of the few forex brokers that have gone the extra mile in terms of providing a robust forex trading infrastructure as clearly seen by Pepperstone’s Equinix NY Facility located close to liquidity providers while providing strong network connection to relay the price quotes.
Pepperstone also has data centers in Singapore, Sydney and New York via optical fiber network, thus providing fast streaming of quotes to traders across the world.
Pepperstone ECN STP Account Details
Pepperstone Financial offers the Razor Account for traders who wish to trade on the ECN Trading platform. The Razor account was also named as Australia’s 100 most innovative products by the Anthill Magazine.
Refer to the table below for more details on Pepperstone’s Razor Account.
|Spread Type||Raw ECN Interbank Direct Pricing|
|Commissions||AU$3.5 per 100k traded|
|Spreads||From 0.1 – 0.8 Pips|
|Instruments||29 Forex Currency Pairs, CFD’s|
|Min. Trade Size||0.01 Lot|
|Base Account Currency||AUD, USD, JPY, GBP, EUR, CHF, NZD, SGD|
|Platforms||MT4 ECN, MT5, iPhone, Andriod|
|Deposit Methods||Credit Cards, Moneybookers, Bank WIRE, Broker to Broker|
About the Company – Pepperstone
Pepperstone is the corporate authorized representive of CDM Pacific Pty Ltd, which is a license holder of the Australian Financial Services with AFSL registration number 223682 and also holds the Professional Indemnity Insurance with Lloyds of London.
Pepperstone is one of the few forex brokers that ensure one of the best customer experience which is evidently seen in areas such as improving the price stream, custodian banking services and the innovative Razor Account ideal for ECN and advanced traders.
Pepperstone Pricing and Liquidity Providers
Pepperstone Financial has over 22 liquidity providers with big names such as UBS, Deutsche Bank, HSBC, BNP Pariba, Nomura to name a few. Pepperstone offers 5 digit decimal pricing and allows various trading styles including scalping and hedging. Charging a very competitive commission of $3.5 AUD, traders can find the conditions to be very favorable with Pepperstone.
Pepperstone Financial – Overall Review
Pepperstone, an Australian forex broker comes with all the right elements in forex trading. Backed up by the ASIC license, Pepperstone financial offers the innovative Razor Account for ecn trading on the widely used MT4 trading platform. Investing strong in the forex infrastructure and having a data center close to Wall Street linked with fiber optic connectivity across Sydney and Singapore, traders at Pepperstone can experience the fast execution style trading with pricing from 22 liquidity providers.
A minimum funding of $200 makes it easy for both advanced traders as well as complete beginners to ECN trading to test Pepperstone and experience no dealing desk execution forex trading.