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Pepperstone Review

Pepperstone Review

In our Pepperstone review we realised that Pepperstone is one of the largest Forex and CFD brokers that welcomes Taiwanese traders. Pepperstone offers flexible CFD trading accounts and trading conditions. Pepperstone is a low-risk forex broker with a robust global regulatory framework.

Updated : June 14, 2024

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Min Deposit

200 USD



Trading Desk

MetaTrader 4, MetaTrader 5
cTrader, TradingView, Myfxbook,



Total Pairs


Islamic Account


Trading Fees

Per trade, low fees

Account Activation Time

4 -8 Hours



Pepperstone Review


We’ve assessed many brokers in online trading, and each has its own advantages. Pepperstone is special, though, for a number of reasons.


With a team of seasoned traders founding the company in Melbourne, Australia, in 2010, Pepperstone has quickly grown to prominence in the Forex and Contracts for Difference (CFD) brokerage sectors.


Pepperstone stands out in part by emphasizing a seamless trading experience. Adopting a “No Dealing Desk” approach has given them a reputation for prompt execution and competitive spreads.


To the advantage of their clients, they have also been inventive in their interest rate structure, matching rates with new spread standards.


Serving customers in more than 160 countries, including Taiwan, Pepperstone has had a big influence by providing a range of products. This lets traders interact with many economic systems and react to local affairs, such as changes in Taiwanese elections or China-Taiwan ties.


Their asset variety is vast with over 1,200 products spread over several classes like forex, commodities, equities, ETFs, cryptocurrencies, and index CFDs.


This gives traders in Taiwan access to a wide range of economies and the chance to trade the CNH against other major currencies, therefore exposing them to the second-biggest economy in the world.


With regulatory compliance closely monitored by bodies like ASIC and FCA, Pepperstone meets its clients’ safety and security requirements. This is crucial for traders in Taiwan, in particular, who depend on the broker’s dedication to international regulatory requirements.


Local sponsorships and agreements, such as their regional partnership with the AFC Asian Cup 2024, significantly enhance Pepperstone’s offering in Taiwan. Beyond trading, their support of occasions like The Biggest Ever Blokes’ Lunch shows a dedication to community interaction.


In our experience, Taiwanese traders choose Pepperstone because of its quick expansion, creative strategy, adherence to regulations, and community involvement.


What unique trading platforms does Pepperstone offer?

Pepperstone provides a range of platforms, including TradingView, MetaTrader 4, MetaTrader 5, cTrader, and Capitalise.ai, catering to diverse trading preferences.


What are the benefits of Pepperstone’s customer support?

Pepperstone offers 24/7 multilingual support, ensuring comprehensive assistance for traders at all times.

Pepperstone Review at a Glance


👤Pepperstoneℹ️ Information
📅Established Year2010
🏛Regulation and LicensesASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB
📈Ease of Use Rating5/5
💸BonusesYes, active trader program, referral bonus
⌚Support Hours24/7
💻Trading PlatformsTradingView, MetaTrader 4, MetaTrader 5, cTrader, Capitalise.ai
🗂️Account TypesStandard Account, Razor Account
💵Base CurrenciesUSD, GBP
📈SpreadsFrom 0.0 pips EUR/USD on the Razor Account
⬆Leverage1:500 (Pro), 1:200 (Retail)
💷Currency Pairs70, minor, major, and exotic pairs
💳Minimum Deposit4,300 TWD (AU$200)
💵Inactivity FeeNone
🌐Website LanguagesEnglish, Spanish, Russian, Chinese, Vietnamese, Arabic, Indonesian, Italian, French, Laotian, German, Polish
💰Fees and CommissionsSpreads from 0.0 pips, commissions from AU$7
👥Affiliate ProgramYes
❌Banned CountriesUnited States, Canada, Iran, Japan, Iraq, Zimbabwe, Yemen, and others
🛢Trading InstrumentsForex, commodities, indices, currency indices, cryptocurrencies, shares, ETFs
👉 Open AccountOpen Account

Pepperstone Regulation and Safety of Funds


Pepperstone regulations


Pepperstone’s Regulation in Taiwan

Pepperstone is not regulated by Taiwan’s Financial Supervisory Commission (FSC). However, Pepperstone’s global regulations are listed in the table below.


🔎Registered Entity🗾Country of Registration📇Registration Number⚖️Regulatory Entity🔢Tier🪪 License Number/Ref
Pepperstone Markets LimitedBahamas177174 BSCB3SIA-F217
Pepperstone Group LimitedAustraliaACN 147 055 703ASIC1414530
Pepperstone Limited (UK)United Kingdom08965105FCA1684312
Pepperstone EU, Ltd.CyprusHE 398429CySEC2388/20
Pepperstone Markets Kenya LimitedKenyaPVT-PJU7Q8KCMA2CMA 128
Pepperstone Financial Services (DIFC) LimitedDubaiDIFC 3460DFSA2F004356
Pepperstone GmbHGermanyHRB 91279BaFin1151148


👮 Security Measureℹ️ Information
Segregated AccountsYes
Compensation Fund MemberYes
Compensation Amount£85,000
SSL CertificateYes
2FA (Where Applicable)No
Privacy Policy in PlaceYes
Risk Warning ProvidedYes
Negative Balance ProtectionYes, only for UK/EU clients
Guaranteed Stop-Loss OrdersNo


What encryption methods does Pepperstone utilize to safeguard traders’ personal information?

Pepperstone’s trading platforms and websites use SSL (safeguard Socket Layer) encryption to safeguard the transmission of sensitive personal and financial data, preventing unwanted access and protecting Taiwanese traders’ privacy.


Does Pepperstone offer negative balance protection for Taiwanese traders?

Yes, Pepperstone offers negative balance protection to Taiwanese traders utilizing retail accounts, ensuring that traders do not lose more money than they put into their accounts and reducing the danger of significant losses.

Pepperstone Awards and Recognition


Pepperstone awards


While browsing the Pepperstone website to get an idea of what the broker offers, we came across a myriad of awards. Here are some of the most recent ones that Pepperstone has won:

  • In 2023, Pepperstone won the “Investment Trends” Award.

  • Pepperstone won the “Social Champion” award from TradingView in 2023.

  • In 2023, Pepperstone was awarded the “Best MT4 Broker” by Good Money Guide.

  • In addition, Finder awarded Pepperstone as the “Best Overall Broker” in 2023.


Pepperstone Account Types and Features


🔎FeaturesStandardRazor Account
➕➖AvailabilityAll traders; suitable to all traders despite their skill or objectivesAll; ideal for scalpers, day traders, active traders
💵 CommissionsNone; only the spread is chargedFrom AU$7 per round turn, per standard lot
📊PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView, Capitalise.aiMetaTrader 4, MetaTrader 5, cTrader, TradingView, Capitalise.ai
📈Trade SizeFrom 0.01 lots – 100 lots per tradeFrom 0.01 lots – 100 lots per trade
📉Leverage Australia – 1:30
Bahamas – 1:200
Cyprus – 1:30
Dubai – 1:30
Germany – 1:30
South Africa – 1:400
United Kingdom – 1:30
Australia – 1:30
Bahamas – 1:200
Cyprus – 1:30
Dubai – 1:30
Germany – 1:30
South Africa – 1:400
United Kingdom – 1:30
💴Minimum Deposit4,300 TWD (AU$200)4,300 TWD (AU$200)


Pepperstone Standard Account

According to our research on Pepperstone’s services, the Standard Account is ideal for individuals just starting out in the trading industry and those who prefer a more hands-on approach.


With a minimum deposit requirement of only 4,300 TWD (about AU$200), this account is remarkably accessible. Its lack of commission fees is a major selling point, especially for traders trying to keep their costs down.


The spreads start at 1.0 pip, which isn’t the smallest or most competitive, but it’s a good middle ground between expensive and complicated.


The account is compatible with multiple trading platforms for different trading preferences. These platforms include the popular MetaTrader series and cTrader. Trade sizes range from 0.01 to 100 lots, giving traders plenty of room to maneuver per their risk management and trading methods.


Giving traders leverage of up to 1:400 (If they register through the South African entity) illustrates Pepperstone’s dedication to both flexibility and legal compliance, demonstrating a strong adherence to regulatory norms.


Another considerate feature that can provide a layer of security for less experienced traders is the provision of negative balance protection on the Standard Account.


We think the Standard Account is great for Taiwanese traders who are just starting out in trading or who want a more straightforward fee structure because of its focus on the user and its low cost.


Pepperstone Razor Account

Now, let’s look at the Razor Account. This product is designed for experienced traders, especially those who use automated trading systems, scalp, or trade many times a day.


Spreads from as low as 0.0 pips are a major selling point of this account, making it ideal for heavy or frequent traders looking to cut costs.


However, we must mention that the Razor Account charges AU$7 for each normal lot’s round turn. We’ve found that traders with experience generally praise this fee structure because it’s competitive and straightforward.


Furthermore, the Razor account continues to offer the same range of trade sizes as the Standard Account, making it suitable for traders with different risk tolerances and preferred trading methods.


Traders can put their strategies to work with the Razor Account because it gives them access to various markets and platforms.


Overall, we believe that Pepperstone demonstrates its commitment to meeting the demands of traders while also complying with regulations by offering leverage choices that align with the Standard Account.


Pepperstone Demo Account

We discovered that Pepperstone’s sample account offers a very realistic trading environment, which is especially helpful for Taiwanese traders.


A virtual balance in the account can be changed to several values, frequently up to $50,000. Thanks to this large virtual fund, one important benefit for Taiwanese traders new to leveraged trading is the ability to practice trading strategies without actual risk.


We also found that the demo account duration is noteworthy. Though many brokers only provide demo accounts for two to four weeks, Pepperstone offers it for thirty days.


This lengthier period benefits Taiwanese traders because it allows them to assess market conditions for an entire month thoroughly.


Pepperstone’s trading platforms—MetaTrader 4, MetaTrader 5, cTrader, and TradingView—can be used on this versatile demo account.


We found that this diversity guarantees traders can choose the platform most closely matches their tastes and trading style.


Moreover, it enables traders to investigate a broad spectrum of market assets like shares, commodities, indices, and CFDs on indices. Those Taiwanese traders looking to diversify their investment portfolios will find this very helpful.


We found that using Pepperstone’s demo account has many advantages. Firstly, it provides a risk-free environment to acquaint oneself with the trading world and polish trading tactics.


Secondly, it also provides traders a great platform to practice trading during important market events, particularly those related to Asian markets, and adjust to the Forex market’s volatility.


Pepperstone Islamic Account

Next, we turned our attention to Pepperstone’s Islamic account. While evaluating this account, it became clear that Pepperstone created it to serve traders needing a solution that adheres to Islamic financial standards.


Following Sharia law, which forbids the accumulation of interest, the Islamic account replaces conventional swap fees with an administrative charge for overnight Forex positions.


The Islamic account has trading capabilities identical to those of Pepperstone’s typical accounts. This keeps trading opportunities unaffected and guarantees that traders can access the same range of instruments.


For Muslims in Taiwan, this feature is essential since it allows them to trade on Pepperstone’s platforms without losing any possible market advantages.


Moreover, traders can benefit from the same competitive conditions as those provided in a typical live account because the Islamic account does not impose larger spreads or extra trading limitations.


We found that this guarantees a premium trading experience and gives access to Pepperstone’s well-known quick execution speeds and large liquidity pools.


Pepperstone Professional Account

Developed specifically to meet the demanding requirements of professional customers, Pepperstone’s Pro Account is a specialty offering.


This is more than simply an upgrade from regular retail accounts; it’s a giant leap into a trading universe tailored to high-volume, expert traders who demand the best service, trading tools, and leverage.


Traders must fulfill stringent requirements to become Pepperstone Pro members, highlighting the account’s exclusivity. Either a net worth of 2.5 million Australian dollars or a two-year gross income of 250,000 AUD is needed.


Also, if you’ve been trading regularly for a while—40 trades or more—that should be enough. This limits access to the account to just the most experienced and financially stable traders.


In light of recent changes in regulations, one notable perk of the Pepperstone Pro account is the option to keep leverage levels high, up to 500:1.


Furthermore, we found that traders are granted more control over their holdings through this increased leverage, which can magnify profits. On the other hand, it makes it riskier; thus, strong risk management plans are needed.


Among the many VIP services offered to Pepperstone Pro customers are assigned account managers who provide individualized assistance, training, and market analysis.


In addition to this individualized attention, members of the Active Trader program are eligible for daily cash rebates—equating to a 10% rebate—for trading more than 100 standard lots each month.


To top it all off, Pro account users get preferential treatment throughout their trading adventure with early access to new products, invitations to exclusive events, and personalized referral incentives.


In addition to maintaining client funds segregation in tier-one banks and ensuring continuing access to AFCA, the account adds another degree of security, giving you peace of mind.


Does Pepperstone provide joint accounts to Taiwanese traders?


Yes, Pepperstone enables joint accounts, which allow Taiwanese traders to share a trading account with a partner or family member.


Are there any account maintenance costs at Pepperstone?


No, Pepperstone does not impose account maintenance fees, allowing Taiwanese traders to focus on their trading activity without concern for additional charges.


How To Open a Pepperstone Account


How to open a Pepperstone account


Step 1 – Visit website

  • Start your journey with Pepperstone by visiting their official website. Once there, locate and click the “Open an Account” button to load the registration form.

  • Once the form loads, you must provide your email address and personal information.


Open an account step 1


 Step 2 – Create your profile


  • Personal information will be requested of you during the first step in the registration process. Enter your phone number, email address, and Full name according to your government-issued identity documents.


Profile created


 Step 3 – Setup trading account


Setup trading account


Step 4 – Employment and Income information


Employment and income information


  • Continue the application form by providing additional personal information like your work position, income level, and trading history.

  • As a Taiwan resident, ensure that the residential address you enter matches the one on your proof of residence, like your bank statement, credit card statement, lease agreement, etc.

  • Complete the appropriateness test. This brief quiz has questions meant to assess your knowledge of trading and financial markets.

  • Read and accept Pepperstone’s terms and conditions. Before continuing, make sure you understand all of the policies and procedures.

  • Upload all relevant documents for verification. This includes your government-issued ID and proof of address.

  • After submitting your documents, there will be a brief waiting period as Pepperstone validates your information. We’ve found that this is a quick process that can take a few hours.


Step 5 – Fund account

  • Next, you can deposit funds into your account once it has been validated. Both Pepperstone’s retail accounts have a minimum deposit of AU$200 (or equivalent in other currencies). You can deposit funds using flexible options like bank wire, e-wallets, credit/debit cards, etc.

  • Before risking your funds in live markets, you can use the demo account to test your trading strategies, explore markets, etc. This is an excellent way to become acquainted with Pepperstone’s platforms and markets without incurring any financial risk.

  • Furthermore, you can expand your knowledge by exploring the educational resources offered by Pepperstone. To improve your trading knowledge and skills, we recommend attending webinars, and tutorials, or conducting market studies.

  • In addition, we also found that Pepperstone’s customer service is available 24 hours a day, seven days a week. They can help you with the account opening procedure and any other queries or assistance you might need.

  • With your account set up and financed, you can trade on Pepperstone’s powerful trading platforms. You can download your preferred platform from the Pepperstone website, use the web browser platforms, or download the iOS and Android apps.


What are the processes for opening a Pepperstone account in Taiwan?

Taiwanese traders can open a Pepperstone account by visiting the website, selecting the appropriate account type, completing the registration form, agreeing to the terms and conditions, submitting the required papers for verification, and making a minimum deposit.

What documents must I upload to open a Pepperstone account?

To comply with regulatory requirements while creating a Pepperstone account, Taiwanese traders must present evidence of identification (a passport or national ID) and proof of address (a utility bill or bank statement).

Broker Comparison

🏛️RegulationASIC, BaFin, CMA, CySEC, DFSA, FCA and SCBBVI FSC, CySEC, ASIC, FSACySEC, FSC, BaFIN, FSA, Mwali International Services Authority
📊Trading PlatformTradingView
MetaTrader 4
MetaTrader 5
easyMarkets Platform
MetaTrader 4
MetaTrader 5
MetaTrader 4
MetaTrader 5
BDSwiss Mobile
BDSwiss Web
💵Withdrawal FeeNoNoneNo
💻Demo AccountYesYesYes
💴Min Deposit4,300 TWD (AU$200)800 TWD ($25)326 TWD ($10)
📌 Leverage1:500 (Pro)
1:200 (Retail)
1:2000Up to 1:2000
✏️SpreadFrom 0.0 pips0.5 pipsFrom 0.0 pips
💰CommissionsFrom AU$7None, only the spreadFrom $2
🤙Margin Call/Stop-Out90%/20%70%/30%50%/20%
👉Order ExecutionMarketMarketInstant/Market
❌💵No-Deposit BonusNoNoNo
🛅Cent AccountsNoNoYes
🗄️Account Types Standard Account
Razor Account
Web/App VIP
Web/App Premium
Web/App Standard
MT4 Premium
MT4 Standard
Cent Account
Classic Account
VIP Account
Zero Spread Account
⚖️FSC RegulationNoNoNo
💵TWD DepositsNoNoNo
🗄️TWD AccountNoNoNo
🧑‍💻Customer Service Hours24/724/524/5
🏪Retail Investor Accounts274
☪️Islamic AccountYesYesYes

Pepperstone Trading Platforms


Pepperstone trading platforms



Pepperstone is known for its cutting-edge platforms that can be used across devices. We’ve explored each of these to give Taiwanese traders an idea of what they can expect. Join us as we discuss each platform and its unique features for traders.



As we dug into Pepperstone’s Capitalise.ai, its creative approach to automated trading captivated us. This site distinguished itself by using natural language processing to let us develop and carry out trading plans in plain English.


This function was very helpful, eliminating the requirement for sophisticated programming abilities. Establishing comprehensive trade criteria and situations was made easy by the intuitive UI.


Our automated strategies ran smoothly and efficiently because we could take advantage of Pepperstone’s competitive spreads and quick execution times by connecting Capitalise.ai with their trading environment.


Furthermore, thanks to the tactics could be validated against previous data before going live thanks to the very amazing backtesting feature.



Our investigation of cTrader in the Pepperstone environment was dynamic. Furthermore, we were immediately drawn to the platform by its sophisticated order capabilities and clean appearance.


We valued the Level II pricing since it gave us an extensive understanding of market liquidity, an important consideration for determining market depth.


Using a variety of indicators and being able to detach charts allowed us to personalize our analytical workspace to our liking.


With Pepperstone’s no-dealing-desk execution, cTrader offered us a reduced slippage trading environment that let us take advantage of several trading opportunities across markets.


MetaTrader 4

We found that MetaTrader 4 (MT4) with Pepperstone combined increased capability and familiarity.


Even if MT4 is well-known for its reliability and popularity, Pepperstone improves the experience by incorporating customized features like Smart Trader features, which add sophisticated indicators and utilities to our trading toolbox.


For traders who like fast-paced strategies like scalping, the one-click trading functionality and Pepperstone’s incredibly low latency allow quick entry and exit.


MetaTrader 5

Using Pepperstone’s accounts to explore MetaTrader 5 (MT5) gave us access to a robust and flexible multi-asset platform.


Our technical analysis benefited greatly from the additional timeframes and the inclusion of an economic calendar.


Furthermore, MT5’s ability to manage exchange-traded securities and provide access to international stock markets really pleased us; this is a useful tool for diversification outside of forex markets.


In addition, our trading experience was improved by Pepperstone’s razor-thin spreads, which were notably apparent on MT5 while trading currency pairings.



Finally, it was interesting to evaluate TradingView using a Pepperstone account. With Pepperstone’s execution capabilities, TradingView’s social networking feature created a special community-driven trading experience.

We could also share ideas, discuss strategies, and gain insight in an open environment with other traders – a useful resource for anyone looking for a cooperative market approach.


Furthermore, the broad range of technical analysis tools and cloud-based charting tools made complete market research possible.


When it came to placing orders, the smooth connection with Pepperstone let us do so straight from the TradingView interface, taking advantage of the broker’s low spreads and dependable service.


Does Pepperstone provide the cTrader trading platform?

Yes, Pepperstone offers cTrader, which is noted for its user-friendly interface and numerous trading capabilities. It is popular with discriminating Taiwanese traders looking for sophisticated features and improved transaction transparency.


Can I access MetaTrader 5 using Pepperstone?

Yes, Pepperstone offers MetaTrader 5, the most recent generation of trading platforms, which provides Taiwanese traders with improved functionality, new trading products, and superior analytical tools for making educated decisions.

Pepperstone Range of Markets


Pepperstone Range of Markets



If there’s one thing, we’ve learned about Pepperstone, it’s that Taiwanese traders have a large range of markets to choose from, helping them gain exposure to new trading opportunities while simultaneously diversifying their portfolios and mitigating risk. Here’s what you can expect:



Pepperstone gives Taiwanese traders access to more than 20 virtual currencies, including Ethereum and Bitcoin.


Leverage of up to 1:10 allows traders to have a large market exposure. One important benefit is that, unlike other assets, these can be traded over the weekend, allowing traders to respond to market movements in real-time.



Over 1,000 global share CFDs, many from the US market, are available to traders from Taiwan.


The extended trading hours for US equities provide traders wishing to take advantage of chances outside of regular market hours with a flexible trading schedule that fits the modern global financial markets.



Pepperstone shines in providing over 100 currency pairs to traders in Taiwan. Several trading techniques are possible with a 1:200 leverage for retail traders and 1:500 for Professionals. However, traders registering through the South African entity can get leverage of up to 1:400.


We found that tight spreads and quick execution add to the attraction and guarantee traders can work in the most liquid financial market in the world with accuracy and economy.


Currency Indices

Pepperstone provides Taiwanese traders with a macroeconomic perspective of currency performance with currency indexes including the USD, EUR, and JPY.


Traders can hedge or profit from regional or worldwide currency movements with diverse forex trading available with flexible leverage levels.



Pepperstone’s ETF products let Taiwanese traders investigate industries and asset classes. Effective capital allocation and strategic diversification are made possible with leverage of up to 1:20 available for ETF trading.



Pepperstone offers leverage levels of up to 1:200 for commodities CFDs, including agricultural items, energy, and precious metals.


Using price changes in these basic markets, this range enables Taiwanese traders to diversify portfolios and hedge against inflation or market volatility.



Pepperstone offers leverage of up to 1:200 to enable trading on 28 international indexes, including FTSE100 and NASDAQ.


With this wide range of options, Taiwanese traders can interact with the larger stock market, diversify their portfolios, and profit from changes in the world economy and specific industries.


Pepperstone Leverage and Margin

When we evaluated Pepperstone’s margin and leverage offers, we found a strong and adaptable strategy that works for Taiwanese traders’ different trading styles.


Forex pairs can be leveraged up to 1:500 on Pepperstone, depending on whether traders are retail traders or qualify as professionals. Due to its high leverage, which is very competitive in the market, traders can increase their market exposure with a modest initial outlay.


However, not all trading instruments, it is noteworthy, are eligible for this high leverage. For example, Pepperstone offers more cautious leverage with CFDs on stocks or ETFs.


This variation captures the special dynamics and risk considerations connected to every kind of asset. Such customized leverage options let traders modify their plans in line with the risk levels connected to every market.


We found that Pepperstone adopts a dynamic strategy with regard to margin requirements. The particular trading instrument, the volume of trades, and the type of account the trader holds all affect the margin requirements.


We appreciate that margin is computed instantly and is always adjusted to account for changes in market pricing. Keeping suitable margin levels requires this flexibility, particularly in market volatility.


Traders are additionally notified by Pepperstone’s proactive “Margin Call” system if their account equity drops below a predetermined percentage of the necessary margin.


Because of this, traders can then move quickly to avoid having their positions forced to close. For Taiwanese traders, in particular, who manage margin and leverage while containing their trading risks, we consider this functionality a crucial risk management tool.


The thorough data on their platform and client correspondence about leverage and margin demonstrate Pepperstone’s dedication to openness.


They detail margin computation, available leverage for various instruments, and how these things affect trading operations. Thanks to this transparency, trading strategies and risk management methods can be chosen with knowledge.


What financial instruments can I trade using Pepperstone?

Pepperstone provides a wide selection of trading products, including forex, commodities, indices, cryptocurrency CFDs, and stocks, giving Taiwanese traders several options to diversify their portfolios.


Can I trade cryptocurrency CFDs with Pepperstone?

Yes, Pepperstone allows Taiwanese traders to trade cryptocurrency CFDs, including popular alternatives like Bitcoin, Ethereum, and Litecoin, giving them access to the volatile crypto market without holding the underlying assets.

Pepperstone Fees


Pepperstone Fees


Pepperstone is one of the largest STP and ECN brokers that ensures transparency in all its operations. Taiwanese traders can expect low and competitive spreads, low commissions, and detailed schedules of all other trading and non-trading fees.


In the sections below, we give Taiwanese traders a comprehensive run-down on the fees they can expect when they start trading forex and CFD markets with Pepperstone.


Pepperstone Spreads

After looking into Pepperstone’s fees specifically for Taiwanese traders, we found that the broker had very competitive spreads, especially for important currency pairings.


For instance, Pepperstone’s ECN account, the Razor, has a spread for the EUR/USD pair that can drop to 0.0 to 0.3 pips on average.


Since this drastically lowers transaction costs, it is especially useful for scalpers and traders who deal in large volumes. Spreads for other trading instruments tend to stay competitive, though they can change depending on market volatility and liquidity.


Pepperstone Commissions

Regarding commissions, our research showed that Pepperstone charges a fee for trades executed via the Razor account, even though it offers the best spreads.


In particular, forex traders using the MetaTrader platform pay $3.50 per lot for each side in fee, while those using the cTrader platform pay $3.0 per lot per side.


Because of the transparent and easy-to-understand fee system, Taiwanese traders can easily determine the expenses associated with their trading.


Pepperstone Overnight Fees

The overnight costs, often known as swap rates, are another important consideration for traders who keep positions overnight.


Pepperstone has some of the most competitive swap rates we could find, and they make all the relevant information easy to find on their website.


For Taiwanese traders thinking about holding positions for a while, these rates—which are affected by daily market fluctuations—are applied straight to the account balance.


Pepperstone Deposit and Withdrawal Fees

We were happy that Pepperstone does not charge any internal fees for deposits or withdrawals. However, Taiwanese traders must be aware that third-party fees can be charged depending on the financial institution or payment method used.


Pepperstone Inactivity Fees

The inactivity fee is a factor that traders frequently fail to consider. According to our research, Pepperstone charges a fee for accounts that have been idle for a certain amount of time, usually about a year.


We found that the client agreement contains the specific terms of this cost, which is meant to encourage traders to either close their accounts or resume trading activity.


Pepperstone Currency Conversion Fees

Finally, Taiwanese traders should think about currency conversion fees if they trade in a currency other than their base currency.


Currency conversions on Pepperstone are free of charge, but any necessary conversions are executed at market rates, which could indirectly affect a trader’s profitability.


What are the average spreads charged by Pepperstone?

Pepperstone has competitive spreads ranging from 0.6 to 1.3 pips for popular currency pairs on the Standard account, guaranteeing cost-effective trading for Taiwanese traders.

Is there an overnight cost associated with Pepperstone?

Yes, Pepperstone charges overnight costs on positions maintained overnight, computed using regional interest rates plus a fixed 2.5% fee that varies depending on the assets exchanged and market conditions.

Pepperstone Deposit & Withdrawal Options


Pepperstone deposists and withdrawls



💰Payment Method🗾 Country💱Currencies Accepted⏰Processing Time
VisaAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days
MastercardAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days
Bank transferAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 7 days
PayPalAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant – 5 days
BpayAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days
NetellerAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant – 5 days
SkrillAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant – 5 days
China UnionPayAllAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days


Pepperstone Deposits

How to Deposit using Bank Wire Step by Step

  • Start by logging into your protected Pepperstone account and selecting the ‘Funding’ or ‘Deposit’ area.

  • Select ‘Bank Wire’ as your deposit method and provide the required information, including the deposit amount and currency.

  • Follow the on-screen procedures, which include receiving Pepperstone’s bank account information for the transfer.

  • Start the bank wire transfer through your bank’s online portal or visit a branch using the Pepperstone bank details and any reference codes provided.

  • The funds are normally credited to your trading account within 3 to 7 business days, depending on the bank’s processing times.


How to Deposit using Credit or Debit Card Step by Step

  • Log in to your Pepperstone account and proceed to the ‘Deposit Funds’ section.

  • Select ‘Credit or Debit Card’ as your deposit option and input the necessary card information, including the card number, expiry date, and CVV.

  • Enter the deposit amount and confirm the transaction, including any further authentication steps required by your card issuer.

  • Deposited funds are often immediately available in your trading account, allowing you to begin trading immediately.


How to Deposit using e-Wallets or Payment Gateways Step by Step

  • Access your Pepperstone account and go to the ‘Deposit Funds’ area.

  • Choose your preferred e-wallet or payment channel from the alternatives provided, such as PayPal, Neteller, or Skrill.

  • Enter the deposit amount and any relevant e-wallet or payment gateway account information.

  • Complete the transaction, including any further authentication procedures requested by the e-wallet provider.

  • The cash will be instantly available in your trading account, allowing you to begin trading immediately.

Pepperstone Withdrawals

How to Withdraw using Bank Wire Step by Step

  • Sign in to your Pepperstone account and visit the ‘Withdraw Funds’ area.

  • Select ‘Bank Wire’ as your withdrawal method and enter the required information, including the withdrawal amount and bank account information.

  • Confirm the withdrawal request, verify all provided information is correct, and follow any additional security processes that Pepperstone requires.

  • The funds will be processed and should be in your bank account within 3 to 7 days, depending on the bank’s processing schedule.


How to Withdraw using Credit or Debit Cards Step by Step

  • Log in to your protected Pepperstone account and click the ‘Withdraw Funds’ option.

  • Select ‘Credit or Debit Card’ as your withdrawal method and input the withdrawal amount and any additional card information as prompted.

  • Confirm the withdrawal request and follow any authentication steps prompted by your card issuer.

  • The withdrawn amounts will be paid back to your card within 3 to 5 days, per typical processing times.


How to Withdraw using e-Wallets or Payment Gateways Step by Step

  • Access your Pepperstone account and navigate to the ‘Withdraw Funds’ section.

  • Choose your favorite e-wallet or payment gateway for withdrawal.

  • Enter the withdrawal amount and any account information required by the e-wallet or payment gateway of your choice.

  • Confirm the withdrawal request and follow any extra authentication steps specified by the e-wallet provider.

  • The withdrawn cash will be instantaneously processed and available in your e-wallet or payment gateway account, allowing you to access your trading profits quickly.


Is there a maximum withdrawal amount for Pepperstone accounts?

No, Pepperstone has no maximum withdrawal restriction on accounts, allowing Taiwanese traders to take funds as needed, subject to available balances and compliance with withdrawal regulations.


Can I withdraw funds from my Pepperstone account at any time?


Yes, Taiwanese traders can withdraw funds from their Pepperstone accounts anytime, as long as the funds are available and they follow withdrawal processes.

Pepperstone Educational Resources and research


Pepperstone education


With Pepperstone, Taiwanese traders can expect access to the following educational tools, research, and trading resources.


Market Analysis

The market research that Pepperstone offers struck us as both updated and perceptive, particularly for those who are interested in knowing about world financial events that might affect Asian markets.


Comprehensive in scope, we found that this research includes a wide range of assets, including some particularly interesting to traders in Taiwan, such as the Asia-Pacific indexes and local currency pairs.


We found that traders of all experience levels can obtain information that can improve their trading methods thanks to this resource, including daily insights, technical analysis, and fundamental studies.


Trading Tools

Pepperstone provides an amazing selection of trading tools to maximize the trading experience for Taiwanese traders. Among the MT4/MT5 Smart Trader Tools packages are those that offer complex alarms, decision support, and enhanced trade execution and management.


Furthermore, the Auto chartist tool is quite helpful for traders trying to get an advantage in the volatile trading market because it automatically finds trading opportunities based on chart patterns.


Learn about Liquidity

For most traders, the idea of liquidity is essential, and Pepperstone offers easily understandable and useful teaching material on it.


These materials describe how liquidity affects slippage and spreads, two factors that are essential to trade execution and results. Furthermore, Taiwanese traders need this information because the local market might not always provide the same degree of liquidity as bigger markets.


Trading Guides

The trading guides from Pepperstone are a wealth of knowledge that provide doable suggestions for trading. These guides address risk management, trading psychology, and strategy building, among others, from novice to expert levels.


Furthermore, we found that they include examples pertinent to the instruments and market conditions traders will likely encounter.



Traders from Taiwan can hone their craft by enrolling in one of Pepperstone’s many informative webinars.


We believe that webinars like this help traders of all skill levels better grasp Forex and give an outlet for their questions and ideas.


Furthermore, if a trader cannot make it to a live webinar, they can still study at their own speed by reviewing recordings of previous events.


We found that this tool is a perfect example of Pepperstone’s commitment to helping traders, particularly those from Taiwan, understand and navigate the international Forex market.



Additional resources that we found include Pepperstone’s library of educational videos and webinar series. A dynamic learning tool, the webinars let traders interact directly with professionals in the field.


Conversely, through brief, readily absorbed material, we found these videos are a great tool for traders to improve their trading abilities rapidly.


Learn to Trade CFDs

For those trying to diversify their portfolios or successfully negotiate the intricacies of forex trading for the first time, Pepperstone’s information on trading CFDs, Forex, and shares is extremely valuable.


These websites offer thorough explanations, perceptions into market sentiment, and advice on making the most of trading systems.


Learn to Trade Forex

Traders from Taiwan can take advantage of Pepperstone’s extensive educational materials for the Forex market. The platform provides a systematic way for traders to learn the ropes, with resources like instructional videos, trading manuals, and a MetaTrader 4 course.


When it comes to learning how to trade major, minor, and exotic currency pairings in a competitive environment, we found that Pepperstone’s emphasis on Forex education is invaluable, especially for traders from Taiwan.


Moreover, even individuals with a small initial investment can start trading with confidence because of the educational content’s accessibility.


Learn to Trade Shares

Pepperstone offers a wealth of information on trading shares through CFDs, which is useful for Taiwanese traders who are interested in the stock market.


We found that these webinars and trading guides teach participants the ropes of stock trading and provide tactics for trading 60 of the most successful US-listed firms.


This information is invaluable for Taiwanese traders wishing to broaden their investments outside the TWSE and into global markets.


“Meet Our Analysts”

Topping off Pepperstone’s educational resources is the chance to “Meet Our Analysts.”


Gaining a higher degree of confidence and interaction with the content is facilitated by Taiwanese traders’ appreciation of the background of the counsel and insights offered by knowing the analysts’ viewpoints and areas of competence.


Does Pepperstone offer resources dedicated to Forex trading?

Yes, Pepperstone provides specific Forex trading tools, such as tutorials, videos, and articles on currency pairings, market analysis, and risk management tactics geared to Taiwanese Forex traders.


Does Pepperstone offer educational materials for trading cryptocurrencies?

Yes, Pepperstone provides educational resources on cryptocurrency trading, such as manuals, videos, and articles covering digital currencies, market trends, and trading tactics, allowing Taiwanese traders to engage in the dynamic crypto market confidently.

Pepperstone Bonuses and Promotions


Pepperstone bonusses


Active Trader Program

Upon reviewing Pepperstone’s offerings, it is evident that its Active Trader Program appeals to Taiwanese traders who engage in high-volume trading.


This program aims to provide traders with a range of perks that can greatly enhance their trading experience as a way to reward their loyalty and consistent trading. Traders have the opportunity to earn cash rebates based on their monthly trading activity through this program.


As their trading activity increases, their rebate tier also increases, resulting in larger rewards. The rebates are deposited directly into the trader’s account, allowing them to use the funds as they please, without any limitations.


The Active Trader Program is structured in tiers to accommodate traders with varying activity levels. It’s important to mention that the rebates are calculated based on the number of standards lots traded on forex and metal instruments.


For instance, a trader who reaches the highest tier may receive a rebate that greatly reduces their trading expenses. This has the potential to greatly benefit active Taiwanese traders by reducing their trade costs and potentially increasing their profits.


The terms and conditions of the Active Trader Program are presented clearly, providing a comprehensive explanation of how the rebate tiers operate and the specific trading volume required to attain each tier.


Traders should be aware that these rebates are not immediately withdrawable like bonuses. Instead, they are intended to reduce trading costs, ultimately enhancing a trader’s overall returns.


In addition, the program motivates traders to maintain a consistent trading volume, which can be advantageous for individuals who engage in regular trading.


The Active Trader Program is a standout offering that aligns perfectly with Pepperstone’s commitment to providing value to its clients.


This option is highly beneficial for Taiwanese traders looking to maximize their trading experience and optimize their trading environment for cost-effectiveness.


Referral Bonus

Now, let’s discuss the Referral Bonus. Pepperstone has introduced a new initiative to motivate existing clients to invite new traders to their platform.


This bonus benefits both the person referring and the new trader, fostering a growth model driven by the community.


If a Taiwanese trader refers Pepperstone to someone and that person meets specific trading volume criteria, the referrer will receive a bonus. The bonus amount can vary and is typically determined by the referred new client’s initial deposit and trading activity.


The Referral Bonus is designed to provide ongoing benefits to the referrer rather than just a one-time payment.


A specific amount is credited to the referrer’s account when the referred client trades a lot. Active clients who successfully refer multiple traders to Pepperstone can create a passive income stream.


The terms of the bonus are explained in a clear manner, ensuring that referrers have a thorough understanding of the actions their referrals must take to receive the bonus.


Traders should always check the latest terms on Pepperstone’s website, as the Referral Bonus is subject to change. Additionally, it is important to adhere to the applicable terms and conditions, including taking necessary precautions to prevent any potential system misuse.


Can traders from all countries participate in Pepperstone’s Active Trader Programme?

Yes. The Active Trader Programme is available to high-volume traders globally, subject to Pepperstone’s terms and conditions.


Does Pepperstone offer any deposit bonuses?

No, Pepperstone focuses on providing low-cost trading and maintaining a high-quality platform infrastructure instead of offering deposit bonuses.

Pepperstone Affiliate Programs


Pepperstone affiliate programs


Becoming a Pepperstone Affiliate has several unique features and benefits for Taiwanese traders. Join us as we discuss the comprehensive and lucrative affiliate program and discover how traders can join.



We looked at the Pepperstone affiliate program and discovered it is a well-rounded opportunity with more advantages than standard trading.


This program is designed with care for people or companies wishing to refer new customers to Pepperstone and receive commissions. Its unique commission structure – which pays affiliates according to the trading activity of the clients they refer – stands out.


The multi-tiered commission structure of the Pepperstone affiliate program is one especially alluring feature.


By enabling affiliates to grow in income as the trading volumes of their suggested clients rise, this strategy motivates them to market Pepperstone’s services aggressively.


With revenue-sharing and CPA (Cost Per Acquisition) models offered, the program also provides flexibility so affiliates can select the best option for their target market and referral strategies.


In addition, affiliates can quickly include a large variety of marketing materials – banners, links, and instructional material – into their websites and marketing campaigns, thanks to the program. These tools are intended to facilitate effective lead attraction and conversion for affiliates.


With a robust tracking system that lets affiliates keep an eye on referral activity in real-time, Pepperstone improves the affiliate experience even more.


We found that through this openness, affiliates can precisely monitor their income and evaluate the success of their marketing plans. The program provides individualized support through an affiliate manager who offers advice on strategy optimization and handles any issues.


How to Register an Affiliate Account with Pepperstone Step-by-Step

  • To get started, go to the Pepperstone website and find the “Partners” option in the top left corner of the homepage.

  • It is important to wait for the page to fully load so that all elements are displayed correctly.

  • After the page has finished loading, simply click “Our Programs” to explore the various partnership opportunities that Pepperstone offers.

  • It is important for Taiwanese potential affiliates to thoroughly review all the information provided, including the terms and conditions of the affiliate program, to understand and comply with the requirements fully.

  • Once you’ve carefully reviewed the information and decided, simply click the “Sign Up” button on the main affiliate page to begin the registration process.

  • Once you click on the link, you’ll be taken to an online application form. Please provide your personal details, including your full name, email address, and contact information.

  • Select or enter your country of residence and, if applicable, confirm your Taiwanese citizenship. This information is important as it can impact the affiliate program’s terms.

  • Choose a username and create a robust, reliable password for your affiliate account. Ensure the password is one-of-a-kind and not used for other online accounts to prioritize security.

  • Provide more details about your promotional methods and the type of traffic you can generate. Including more information about your website, blog, social media presence, or any other marketing strategies you plan to implement would be helpful.

  • Provide your payment information. Please ensure that you provide accurate banking or electronic payment information to Pepperstone so that they can appropriately compensate you for your affiliate activities.

  • By checking the appropriate boxes, indicate your agreement to the terms of service and privacy policy. It is essential to carefully review these documents before giving your consent to ensure a clear understanding of your rights and responsibilities as an affiliate.

  • Carefully review all the information you’ve entered before applying to ensure accuracy. Errors in your application can cause delays in the approval process or impact your payments.

  • Submit your application and patiently await a confirmation email from Pepperstone. The email will usually contain the next steps, such as verifying your email address or providing any additional information needed to finish your registration.

  • After your account is confirmed, you can access the Pepperstone affiliate dashboard. Here, you’ll find a convenient way to access marketing materials, keep track of your referrals, and stay updated on your earnings.

  • Make the most of the resources available in the affiliate dashboard. Pepperstone provides a wide range of tools and reports to enhance your referral strategy and maximize your earning potential.

  • Finally, if you encounter any problems or need help with the registration process, feel free to contact Pepperstone’s affiliate support team for assistance. They are available to offer guidance and assistance to ensure your registration is completed successfully.


What kind of support can I expect as a Pepperstone affiliate?

Pepperstone provides extensive assistance, including a dedicated affiliate area and support from their team.


Does the Pepperstone Affiliate Program offer real-time tracking?

Yes, affiliates have access to real-time reporting to track their referrals and earnings.

Pepperstone Customer Support


🖳Customer SupportPepperstone Customer support
🕰️Operating Hours24/7
🎗️Support LanguagesMultilingual
💬Live ChatYes
📧Email AddressYes
☎️Telephonic SupportYes
📱The overall quality of XM Support5/5
👉 Open AccountOpen Account


Pepperstone customer support


🖳Support ChannelAverage Response TimeUser-based Response Time
☎️Phone5 minutes2 – 5 minutes
📧Email 1 working daySame-day
💬Live Chat5 minutes2 – 5 minutes
📱Social Media5 minutes5 minutes
🧑‍🤝‍🧑Affiliate1 – 3 working daysSame-day
👉 Open AccountOpen Account


In which languages is Pepperstone’s customer support available?

Pepperstone offers multilingual support to cater to a diverse client base.


Does Pepperstone have an office in Taiwan?

No. Pepperstone does not currently have a local office in Taiwan.

Pepperstone Social Responsibility


By the end of the fiscal year 2023, Pepperstone Group planned to achieve carbon neutrality, as it openly stated in several publications. In doing this, Pepperstone demonstrated its commitment to environmental responsibility and was an example to others in the Forex CFD business.


Furthermore, we also found that Pepperstone joined forces with Pangolin Associates, a recognized firm focusing on carbon management and sustainability, to reach carbon neutrality.


They assessed the present environmental effect of the business and worked together to find solutions.


In addition, Pepperstone committed to reducing waste and implemented initiatives including partnering with organizations like Returnr to promote reusable packaging. The company’s dedication to the environment was further demonstrated by its plans to switch to renewable energy sources.


We found that Pepperstone has not yet disclosed its plans for CSR projects in 2024, even though its past CSR activities are clear.


Overall, Pepperstone has long been known for its commitment to ethical and environmentally responsible business operations, and this expectation only strengthens that reputation.

User Comments


➡️“As a trader, my experience with Pepperstone has been awesome. Because their software is so easy to use, I’ve been able to streamline my trading and make better trades.”

➡️I have had a good experience navigating the trading world with Pepperstone. I’ve noticed that I can trade ideal setting ‘cause they’re regulated and have the best platforms. I can see why so many people recommend them!”

➡️”I think Pepperstone’s the best because of their amazing technologies and great customer service. I know they’ve got my back, and they give me what I need to trade at my very best all the time.”



Pepperstone is an excellent option for Taiwanese traders, according to our analysis of the FX and CFD brokers.


For traders who use fast-paced trading strategies and approaches, the broker’s cutting-edge technology guarantees fast execution with minimal delays, demonstrating its commitment to providing a seamless trading experience.


In addition, traders of all experience levels in Taiwan can find what they’re looking for on Pepperstone, thanks to its competitive spreads and extensive trading options.


Pepperstone also attracts high-volume traders and people with large networks because of its affiliate opportunities and Active Trader Program, both of which offer lucrative incentives.


Furthermore, these programs aim to reward clients for their support and loyalty while improving their trading experience.


However, we found that despite Pepperstone’s extensive customer assistance and training resources, some Taiwanese traders might find the language barrier an obstacle.


Moreover, traders’ selections, especially those looking for localized assistance, could be influenced by the availability of language-specific support, even when the broker is trying to service a global clientele.


Furthermore, Pepperstone only provides two retail accounts and doesn’t accept TWD as a base currency option or deposit/withdrawal currency, which could lead to currency conversion fees.


However, despite these drawbacks, we believe Pepperstone’s offerings—which prioritize technology, competitive pricing, and customer engagement—align with what Taiwanese traders are looking for.


Even though Pepperstone could do a better job of catering to the Taiwanese market, it’s still a good option for people who know their way around the foreign exchange and CFD markets.

Our Insight

While Pepperstone offers a unique package that combines competitive and transparent pricing with user-friendly platforms and an overall dynamic trading experience, we believe some areas could need some tweaking.

Our Recommendations 

➡️ Taking steps to meet Taiwan’s special regulatory norms would increase trust among local traders. This could include acquiring a license from the Financial Supervisory Commission of Taiwan or adhering to its standards.

➡️Offering extensive information and updates on variables affecting the Taiwanese economy and TWD currency pairs will allow traders to make more informed decisions.

➡️Adding support for the Chinese language to their website, customer service channels, and educational materials would be extremely advantageous for Taiwanese traders who aren’t fluent in English.

➡️Adding more regularly used payment alternatives in Taiwan, such as the E.SUN Bank or Cathay United Bank online payment systems, could make deposit and withdrawal operations easier for Taiwanese clients.

Pepperstone Pros and Cons

Pepperstone’s pricing is competitive, especially on the Razor accountThe educational content is not as comprehensive as that of other traders
Pepperstone offers award-winning trading platforms across devicesPepperstone does not offer a TWD-denominated account
There are over 1,200 instruments that can be tradedTaiwanese traders don’t have access to local deposit or withdrawal methods
Pepperstone has fast execution speeds across markets
There is a comprehensive suite of educational materials and resources
High-volume traders have access to premium client services and a reward program
There are flexible deposit and withdrawal options offered
Taiwanese traders can expect fee-free trades on the Standard Account

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Frequently Asked Questions


How do i finance my Pepperstone account from Taiwan?

To add funds to your Pepperstone account, log into the secure client area and choose from a variety of payment alternatives acceptable to Taiwanese traders.


What are the dangers associated with trading CFDs with Pepperstone for Taiwanese traders?

CFDs are complex and have a significant danger of losing money quickly owing to leverage. Therefore, it’s vital to understand these risks before investing.


What should I do if my Pepperstone deposit does not show up?


If your withdrawal takes longer than the indicated timeframe, you can contact Pepperstone for assistance. However, delays can result from bank processes or if you deposit funds over a weekend.


Is there a withdrawal restriction for Taiwanese traders on Pepperstone?

Yes. There might be some withdrawal restrictions on your payment methods, like minimum and maximum limits. Furthermore, you can’t withdraw in TWD from Pepeprstone.


How long does it take for withdrawals to reach my bank in Taiwan?

Bank wire transfers typically take 3-5 working days to process, but they could take longer, depending on internal bank processes.

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