Pepperstone Review 2026

Is Pepperstone legit? The verified evidence, scored.

◆ The short answer

Yes — Pepperstone is legit and well-regulated. It is authorised by FCA, ASIC, CySEC, DFSA (FCA 684312), holds client funds in segregated accounts, and scores 9.2/10 in our 2026 review. Verified users rate it 4.7/5 across 1,680 reviews.

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Disclosure →
Design preview — figures, licence numbers, reviews and the author are illustrative placeholders, to be filled by the verified data pipeline before publication.

Verified Key Data

The facts, with sources

Regulation
FCA, ASIC, CySEC, DFSAVerified in official registers
Legal entity / Licence
Pepperstone Group LtdFCA 684312
Client fund protection
Segregated accounts · FSCS eligible (UK)
EUR/USD cost
0.06 pips + $3.50/lot (Razor)≈ $7.10 / lot · measured Jul 2026
Min deposit
$0Razor / Standard
Platforms
MT4, MT5, cTrader, TradingView
Founded / HQ
2010 · Melbourne, Australia
Max leverage
30:1 (retail)
Avg fill
~42 ms

Score by pillar

Regulation & safety (30%)9.6
Trading costs (25%)9.6
Execution quality (20%)9.1
Client protections (15%)9.2
Platforms & range (10%)9.5
Weighted total9.2

The Honest Take

Pros & cons

What we liked

  • FCA + ASIC + CySEC + DFSA regulation
  • TradingView integration
  • $0 minimum deposit
  • Raw pricing close to the market leader

What to weigh

  • No proprietary platform
  • Fills marginally slower than the top ECN
  • Limited non-FX range

Is Pepperstone regulated?

Yes. Pepperstone operates regulated entities under FCA, ASIC, CySEC, DFSA (FCA 684312). Client money is held in segregated accounts. You can verify this yourself by searching the licence number in the regulator's public register and confirming the entity name and status match — we show that number in the key-data box above.

Is Pepperstone a scam?

No. A scam broker is typically unlicensed, blocks withdrawals, or trades against clients without disclosure. Pepperstone is the opposite profile: multi-jurisdiction licences you can verify in public registers, segregated client funds and a track record since 2010. Always trade with the entity that regulates your region, as protections differ between entities.

Verified user reviews

4.7
★★★★★
1,680 verified reviews

Only reviews from users we verify as real account holders count toward this rating, and each passes an anti-fraud screen. See how we verify reviews.

★★★★★

“TradingView built right in and FCA regulated — exactly what I wanted. Spreads are tight.”

Verified S. Brahimi · Razor · 2 yrs
★★★★☆

“Great all-rounder. Costs are a whisker above IC but the platform choice makes up for it.”

Verified D. Novak · Standard · 1 yr

Risk warningCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. This review is independent and is not financial advice.

DW

Daniel Whitcombe

Reviewer · Regulation & Market Structure

Daniel Whitcombe personally verified Pepperstone's licence numbers in the official registers for this review, and measured the quoted spreads on a live account.