Broker partners
Pepperstone
Raw spreads from 0.0 pips, five platforms, nine licensed entities
Best for: Active FX and gold traders on raw spreads; algo traders on MT5, cTrader or TradingView
Minimum deposit
$0 · $10 by card
EUR/USD
0.0 Razor · 1.0 Standard
Max leverage
1:30 retail (FCA, ASIC, CySEC, DFSA) · up to 1:500 SCB · 1:1000 SCB Pro
Withdrawal time
Up to 1 business day
Conditions verified on the broker's website on 8 September 2026. Always check the live figures before funding.
About the broker
Founded in Melbourne in 2010, Pepperstone is one of the largest CFD brokers by volume: over 900,000 accounts, around $1 trillion in monthly trading volume and nine licensed entities across the FCA, ASIC, CySEC, DFSA, BaFin, SCB and CMA. I hold a Standard account with the DFSA-regulated Dubai entity and use it for discretionary gold trading.
Trading conditions
- Regulator
- FCA · ASIC · CySEC · DFSA · BaFin · SCB · CMA
- Licence
- DFSA F004356, Pepperstone Financial Services (DIFC) Ltd · group entities under FCA, ASIC, CySEC, BaFin, SCB, CMA
- Founded
- 2010, Melbourne
- Platforms
- Pepperstone platform · TradingView · MT5 · MT4 · cTrader
- Commission
- Razor: $3.50 per lot per side on FX and gold · Standard: none (share CFDs excepted)
- Funding
- Visa / Mastercard · Apple Pay · Google Pay · PayPal · Skrill · Neteller · Bank transfer · Crypto
- Islamic account
- Yes
- Support
- 24/5 multilingual, 18 h at weekends · no Turkish desk
Typical spreads
EUR/USD
0.0 Razor · 1.0 Standard
XAU/USD
from 0.08 Razor
US500
from 0.4
Strengths
- Razor account: spreads from 0.0 pips with a flat $3.50 per lot per side
- 99.59% fill rate with no dealing-desk intervention
- 1,350+ markets: FX, indices, commodities, shares, ETFs and crypto CFDs
- Free deposits; card, e-wallet and crypto withdrawals processed within one business day
- Regulated in seven jurisdictions, client funds segregated at tier-1 banks
Watch out for
- Retail leverage capped at 1:30 under the FCA, ASIC, CySEC and DFSA entities
- International bank withdrawals cost $20 and can take up to 7 business days
- CFDs only: you never own the underlying share or coin
Common questions
Razor or Standard: which account should I choose?+
Razor for FX and gold if you trade actively: raw spreads from 0.0 pips plus $3.50 per lot per side. Standard if you prefer everything inside the spread: from 1.0 pip on EUR/USD, no commission except on share CFDs. Both give access to the same 1,350+ markets.
What is the minimum deposit?+
There is no minimum to open the account. Card, Apple Pay, Google Pay, PayPal, Skrill and Neteller deposits start at $10; domestic bank transfers have no minimum. Deposits are free.
How fast are withdrawals?+
Cards, e-wallets and crypto are processed within one business day and are free. International bank transfers cost $20 and can take up to 7 business days.
Is Pepperstone regulated?+
Yes. Group entities are licensed by the FCA (UK), ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), SCB (Bahamas) and CMA (Kenya). Client funds are held in segregated accounts at tier-1 banks and retail clients have negative balance protection.
Which entity will my account be under?+
Through NUUK's link you register with Pepperstone Financial Services (DIFC) Limited, the Dubai entity regulated by the DFSA. Retail leverage is capped at 1:30, client money is segregated and retail clients have negative balance protection. Professional clients can apply for higher leverage.
Does a referral link change my fees?+
No. Spreads and commissions are identical whether you register directly or through NUUK's link. The broker pays NUUK's commission from its own revenue.
How to open an account
Five steps to a funded account with Pepperstone
- 1
Open the referral link and click Join now. Register with your email and get a free demo.
- 2
Answer the appropriateness questions (about 5 minutes).
- 3
Verify identity: government ID plus proof of address.
- 4
Fund from $10 by card, Apple Pay, PayPal or e-wallet. Bank transfer has no minimum.
- 5
Choose Razor or Standard, then log in on MT5, cTrader, TradingView or the Pepperstone app.
Links on this page are referral links. If you open and fund an account through them NUUK earns a commission from the broker. This does not change the spreads or commissions you pay.
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