Margin trading products are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money.

Forex Trading

Trade forex majors, minors, crosses and exotics on highly competitive conditions including low spreads and deep liquidity. Pepperstone offers access to 90+ currency pairs alongside our suite of more than 1200 CFDs across different assets.

Why trade Forex with Pepperstone?

Consistently competitive spreads boosted by pricing from multiple Tier 1 banks.

1:400 Leverage available

Get all of your currency exchange trades filled in full, with no partial execution or requotes on market orders. 99.87% fill rate^, fast execution and no dealing desk intervention.

Award-winning customer support, available 24 hours, 5 days per week, and 18 hours a day on weekends.**

Regulated in multiple jurisdictions, including ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB.

Forex spreads and all available pairs

Pepperstone offers some of the best trading conditions in the industry including very tight spreads on a big range of available currency pairs and other assets. See our full list of trading pairs (90 +), spreads, and margins across our CFD accounts below.

How does forex trading work?

When you trade the foreign exchange market (FX for short) with Pepperstone, you trade via a derivative, for example a Contract for Difference (CFD).

Instead of taking physical ownership (buying or selling) of a foreign exchange currency, when you trade you are speculating on the price movements in an underlying asset, such as EUR/USD. All currency pair trades involve the buying or selling of one currency priced in another. There is a base currency (that is always listed on the left) and a quote currency (on the right).

Learn how to trade Forex by opening a free demo account today.

Forex trading platforms

We offer powerful trading platforms which you can use to analyse the Forex market. Pepperstone’s industry-leading TradingView, MT4, MT5 and cTrader platforms are available on PC, web, and mobile. Set up your trading strategies and risk management plans plus conduct technical analysis on the PC and web versions with our Smart Trader Tools. Trade at any time, anywhere with our mobile versions while taking advantage of major news in the markets when you’re on the go.

Learn more about foreign exchange trading and concepts like, exchange rates, pips, spread, margin, leverage, stop loss, take profit, technical analysis, and fundamental analysis by accessing our educational resources.

Ready to trade?

It's quick and easy to get started. Apply in minutes with our simple application process.


^99.87%. Fill rates are based on all trades data between 01/01/2024 and 31/03/2024

*All spreads are generated from data between 01/04/2024 and 30/04/2024

**Weekend support times could vary

Maximum leverage is capped at 1:400.