Yes, we proactively monitor our exposure, hedging internally when we can but also using multiple external providers to hedge with when the market risk goes beyond certain limits. This model allows our clients to enjoy seamless execution speeds, as orders being matched internally will result in extremely fast execution, with low levels of slippage regardless of the trading session or time of day. More information about our hedging policies can be found in our Legal Documents.

If you trade and hold a position in one of our index CFDs or share CFDs past the ex-dividend date of the individual share, or of one of the shares that make up the index CFD, we'll make a cash adjustment to your account to reflect the dividend payment. If you're long index CFD or share CFDs, we'll credit your account. If you're short, we'll debit your account. The rate of the dividend and the subsequent cash adjustment will reflect underlying market conditions, as well as the value of any withholding tax amounts on the stock. For this reason, the cash adjustment may not be the same as the exact value of the dividend itself. It's important to remember that while we reflect the payment of dividends via a cash adjustment on your account, you won't own the underlying share or index CFD that you're trading and so you're not entitled to receive the exact value of the dividend on the ex-dividend date. We don’t take advantage of corporate actions for profit purposes, and we’ll always pass on adjustments made by our liquidity providers to you. Corporate actions include consolidations, rights issues, takeovers, stock splits and share distributions.

We do offer negative balance protection to all retail clients!

Please keep in mind that a Stop Loss, Take Profit, or pending Stop/Limit order is only ever a trigger level rather than a guaranteed entry or exit point for your trade. At Pepperstone we do not provide guaranteed pricing, rather we provide price feeds directly from our Liquidity Providers and your orders are executed as market orders at the best available price depending on liquidity in the market at the time. During periods of high volatility, rapid price movements are common, and price levels can change in milliseconds. You may receive a price that positively or negatively impacts your trade, and this is known as 'slippage'. It's an inherent aspect of trading, as the market order that's sent to close your trade will be executed at the next best available price or the fair market value.