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Pepperstone: UK accounts, platform ranges, spreads, funding and trading hours

A reference to Pepperstone’s UK CFD and spread-betting service, including numerical costs, platform differences and selected Australian, UK and Cypriot entities.

By Editorial deskOperating status: ActiveSources checked Published Updated
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Profile scope

Selected entities only. Account terms, products, leverage, pricing and protection arrangements differ across Pepperstone affiliates and countries.

  • UK Standard, Razor and spread-betting accounts have different charging structures.
  • MT4 has a narrower published instrument range than the other principal platforms.
  • Current company pages disagree about international-wire withdrawal charges, which are flagged in the funding table.

Pepperstone’s UK service focuses on leveraged FX, index, commodity, share and ETF trading through CFDs and spread bets. Standard and Razor offer different FX charging models, while platform choice changes the available instruments and automation tools. The tables use the UK service; the wider group’s Australian and Cypriot companies appear in the entity map.[4][2][5][1][12]

Broker essentials01

Pepperstone at a glance

Pepperstone at a glance
MeasureValueContext
Founded / group headquarters2010 / Melbourne, AustraliaSource 1
Group trading-community headline900,000+ traders, company label at 1 March 2026Source 1
Monthly volume / withdrawalsAUD 947bn+ traded / AUD 133m+ withdrawnCompany-reported group snapshot at 1 March 2026.Source 1
Licensed entitiesNine globally, company-reportedSource 1
UK office4th Floor, 27 Old Jewry, London EC2R 8DQSource 2
CFD account currenciesGBP, USD, EUR and CHFSource 8
The About page labels the 900,000+ metric “traders”; the UK costs-page footnote instead describes total group accounts. It should not be read as a verified count of unique active individuals.Source 1Source 3

Accounts and market coverage

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Account comparison02

UK account structures

UK account structures
AccountHow FX is pricedPractical scope
Standard CFDSpread includes the FX chargeLeveraged contracts; share-CFD commissions and holding charges are separateSource 2
Razor CFDRaw spread plus a platform/currency-dependent commissionCommission also applies to spot gold; overnight funding remains separateSource 2
Spread bettingCharge incorporated in spreadUK-resident service; positions sized per point; product and tax conditions applySource 2
The current account page restricts its MT4 and TradingView CFD connections to Razor. Spread-bet stakes are in GBP per point.
At a glance03

UK published market range

UK published market range
Asset familyMarket-page coverageExamples
Forex90+ pairsMajor, minor, cross and exotic pairsSource 4
Indices20+US30, UK100, GER30Source 4
Shares1,100+ underlying companiesUS, UK, Europe, Australia and Hong KongSource 4
Commodities40 marketsGold, crude oil and natural gasSource 4
ETFs80+Index, sector and geographical exposuresSource 4
These are derivatives on the underlying assets. The UK markets page advertises 2,700+ spread bets and CFDs overall; its account and platform pages use different totals. Instrument counts should be read within each stated product/platform scope.

Spreads and commissions

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Pricing & charges04

EUR/USD: what the headline floors imply, not a typical bill

EUR/USD: what the headline floors imply, not a typical bill
USD account; one 100,000-EUR lotRazor on Pepperstone platformStandard
Published spread floor0.0 pip1.0 pipSource 3Source 2
Opening plus closing commission2 × USD 3.50 = USD 7USD 0Source 3Source 2
Floor-based spread and commissionUSD 7USD 10Source 3Source 2
Conditional illustration from the UK terms checked on 9 October 2026. Assumes the respective advertised minimum spread is actually available and unchanged during a short round turn. One pip is USD 10; count the spread once. It is not a comparison of typical or observed costs. Platform-specific commissions, financing, slippage and conversion can alter the bill.
Pricing & charges05

UK FX minimum spreads, in pips

UK FX minimum spreads, in pips
PairRazor CFDStandard CFDSpread bet
EUR/USD0.01.00.5Source 3
GBP/USD0.01.00.8Source 3
AUD/USD0.01.00.6Source 3
USD/JPY0.01.00.7Source 3
Published minima; Razor commission and overnight charges are additional.
Pricing & charges06

Representative UK execution charges

Representative UK execution charges
Product / platformPublished commissionBasis
Razor FX: MT4, GBP account£4.50One standard lot, round trip, collected on openingSource 2
Razor FX: own platformUS$3.50One standard lot each sideSource 3
Razor FX: cTraderUS$6 round tripPer unit, as worded on the costs pageSource 3
Razor XAU/USD: cTraderUS$7 round tripPer unit, as worded on the costs pageSource 3
Razor: TradingViewUS$7 round tripPer unit, as worded on the costs pageSource 3
UK share CFDs0.10%; £0.01 minimumEach side on MT5/cTrader/TradingViewSource 3
US share/ETF CFDsUS$0.02/share; US$0.02 minimumEach side on MT5/cTrader/TradingViewSource 3
The cTrader and TradingView passages use “per unit” without defining it there as a standard FX lot. Their figures should not be inserted into a lot-based cost calculation without the contract basis. Non-USD accounts convert the USD charge; smaller trades are proportionate. A standard FX lot contains 100,000 base-currency units where that basis is explicitly stated.

Platforms and tools

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Platforms & products07

Where platform choice matters

Where platform choice matters
PlatformDocumented functions / scope
Pepperstone platform and appBrowser, Windows and mobile access; configurable charts and account-local session timesSource 5
MT4Expert Advisors and custom indicators; platform comparison lists 61 FX CFDs and no share/ETF CFDsSource 5
MT5Wider range in the platform table: 93 FX CFDs and share/ETF derivativesSource 5
TradingViewDirect trading from charts; indicator and strategy tools; account eligibility appliesSource 5Source 2
cTraderCharting and automated strategies; C# and API access through cTrader AutomateSource 5Source 6
Smart Trader Tools28 additional MetaTrader apps, EAs and indicators, including Trade Terminal and Correlation MatrixSource 6
Platform comparison counts are separate from the broader market-page totals. Capabilities describe the published software offer; no execution test is claimed.

Funding, ongoing costs and hours

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At a glance08

UK funding terms

UK funding terms
ItemPublished terms
Card / Apple Pay / Google Pay deposits£10 minimum; no Pepperstone deposit fee; described as immediateSource 7
Bank-transfer depositsNo minimum or Pepperstone deposit fee; stated processing window same day to seven working daysSource 7
Card / wallet withdrawalsNo Pepperstone withdrawal fee; internal processing same day to one working daySource 8
Domestic bank withdrawalsNo Pepperstone fee; internal processing same day to three working daysSource 8
International bank withdrawalsDedicated withdrawal page says free; costs page specifies £15Source 8Source 3
International-wire pricing is inconsistent across current company pages and needs confirmation for that payment route. Processing time is distinct from bank settlement; receipt can take longer.
At a glance09

Holding costs and retail limits

Holding costs and retail limits
ItemPublished terms
Account keeping / inactivityNo feeSource 3
Overnight positionsSwap debit or credit after 17:00 New York; instrument rate appliesSource 3
Maximum retail leverage examplesMajor FX 30:1; major indices/gold 20:1; other commodities 10:1; shares 5:1Source 3
Negative balance protectionRetail account balances are reset to zero after a negative balanceSource 3
Trading & service hours10

Trading hours: October 2026 reference

Trading hours: October 2026 reference
Market / servicePublished schedule
General FX sessionMonday–Thursday 00:01–23:59; Friday closes 23:55, GMT+3Source 9
Platform exceptionsOwn-platform FX opening is 00:05; MT4 closes 23:49, GMT+3Source 9
Gold and silver01:01–23:59 weekdays, with Friday close 23:55, GMT+3Source 9
Selected US share derivatives24-hour trading, five days weekly; instrument specifications applySource 9
Support24 hours on weekdays and 18 hours at weekends, company-statedSource 5
This is the inspected GMT+3 schedule. Daylight-saving transitions, local holidays and individual instruments can change the session.

Entities and client protection

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Entities & regulation11

Selected legal entities

Selected legal entities
CompanyJurisdiction / referenceEvidence position
Pepperstone LimitedUnited Kingdom; FCA 684312Company disclosure; live FCA register should be checked for current permissionsSource 2
Pepperstone Group LimitedAustralia; AFSL 414530Company disclosure; live ASIC register should be checked for current permissionsSource 1
Pepperstone EU LimitedCyprus; CySEC 388/20Present in CySEC’s current licensed-firms listSource 11

Pepperstone’s UK protection page describes client funds held separately from company money and potential FSCS cover of up to £85,000 for eligible shortfalls following firm failure. UK retail negative balance protection addresses trading-account deficits. The Cyprus company and Australian company operate under their own local arrangements.[10][3][12][1]

Company background & evidence

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Headquarters
Melbourne, Australia (group headquarters)
Founded
2010
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Pepperstone Limited

United KingdomSource 2

Licences and regulatory records for Pepperstone Limited
Issuer & identifierRecorded statusDate & scope
Financial Conduct Authority684312Not verifiedChecked 9 Oct 2026Company-disclosed entity and licence number. A complete current authority permissions record was not independently read for this profile.Source 2

Pepperstone Group Limited

AustraliaSource 1

Licences and regulatory records for Pepperstone Group Limited
Issuer & identifierRecorded statusDate & scope
Australian Securities and Investments Commission414530Not verifiedChecked 9 Oct 2026Company-disclosed entity and licence number. A complete current authority permissions record was not independently read for this profile.Source 1

Pepperstone EU Limited

CyprusSource 11Source 12

Licences and regulatory records for Pepperstone EU Limited
Issuer & identifierRecorded statusDate & scope
Cyprus Securities and Exchange Commission388/20AuthorisedChecked 9 Oct 2026CySEC’s current licensed investment-firms list includes Pepperstone EU Limited, licence 388/20, dated 3 August 2020, company registration 398429. Specific permissions were not expanded beyond that listing.Source 11Source 12
Follow the evidence

Sources & further reading

  2. UK Standard, Razor and spread-betting accounts Pepperstone · Accessed 9 Oct 2026
  4. UK markets and product range Pepperstone · Accessed 9 Oct 2026
  5. UK platform comparison Pepperstone · Accessed 9 Oct 2026
  6. Trading tools and add-ons Pepperstone · Accessed 9 Oct 2026
  7. UK deposit methods and processing Pepperstone · Accessed 9 Oct 2026
  8. UK withdrawal methods and processing Pepperstone · Accessed 9 Oct 2026
  9. Market trading hours, October 2026 Pepperstone · Accessed 9 Oct 2026
  10. UK client protection arrangements Pepperstone · Accessed 9 Oct 2026
  11. CySEC current licensed investment-firms list: Pepperstone EU Limited Cyprus Securities and Exchange Commission · Accessed 9 Oct 2026
  12. Pepperstone EU corporate and licence disclosure Pepperstone · Accessed 9 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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