Is pepperstone legal?

And it is highly appreciated worldwide for being strict in ensuring that market practices are fair to both individuals and companies.


is an excellent forex and CFD broker, regulated by several top-tier authorities, including the FCA, BaFin and ASIC. Pepperstone customer service is available in several languages, including English, Russian, Vietnamese, and Thai. Compared to other similar brokers, Pepperstone's account opening process is fast, generally hassle-free, and fully digital.

Pepperstone assured customers that they could not suffer any potential damage to their trading account or to the funds deposited with the company, although hackers may have been able to access their name, contact details and date of birth. Opening an account with Pepperstone is a fully digital process, but it requires an eligibility assessment that many other brokers don't carry out. Pepperstone's education section is better than that of most other ECN brokers, but it doesn't live up to the best education available at some of the top market-creating brokers. Pepperstone is primarily a forex broker with a good selection of other CFD products, including cryptocurrencies, popular stocks, and commodities.

To compensate for these deficiencies, Pepperstone has launched a Telegram channel with its own market commentary. At Pepperstone, MT4 and MT5 traders can benefit from this dedicated set of 28 tools, expert advisors and indicators. We rate Pepperstone's commission levels as low, average, or high based on how they compare with those of all the brokers reviewed. All three Pepperstone trading platforms are available on Android and iOS mobile devices and tablets.

Pepperstone is regulated by seven regulatory authorities, including the ASIC (Australian Securities and Investments Commission) and the FCA (United Kingdom Financial Conduct Authority). Pepperstone Markets Limited is headquartered at Sea Sky Lane, B201, Sandyport, Nassau, New Providence (Bahamas), and is authorized and regulated by the Bahamas Securities Commission (SIA-F21). For clients who were exposed through open positions, Pepperstone's systems liquidated these positions, helping them to prevent their balance from going negative.