Pepperstone logo
Pepperstone logo

Trade Forex CFDs, $0 Commission

Open a Pepperstone account, and connect to MT4 and MT5, you can get $0 commission for your first 20 forex trade.

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$0 Commission First 20 Trades on Forex

Spread typePrices direct from multiple liquidity providers
Typical EUR/USD spreadFrom 0.0 pips
Min / Max Trade Size0.01 lots/100 lots
CommissionUSD3.5 per 100k traded
Leverage available1:1 - 500:1
Min account opening balanceUSD200 or equivalent in your preferred currency
Max monetary limit from the promotionUSD600
Applicable platformMT4 and MT5
Account base currencies availableAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD
Scalping allowedYes
EAs allowedYes
Hedging allowedYes
Time limitPromotion valid in 30 days since your first forex trade
Valid to IB clientNo

Why Pepperstone?

Low spreads

Benefit from industry-leading low spreads from 0.0 pips on our Razor account

Seamless trading

Trade across multiple devices and enjoy fast execution speeds

Trade with confidence

Pepperstone is an ASIC, DFSA, CMA, CySEC, BaFin and SCB regulated broker with segregated client funds

1000+ instruments

Trade our extensive range of CFD instruments, including FX, Indices, Shares, Commodities and more

Uncover more opportunities

Gain access to our Smart Trader Tools package and Autochartist indicators for in-depth technical analysis

Why trade Forex with Pepperstone?

  • Consistently competitive spreads boosted by pricing from multiple Tier 1 banks.
  • 1:500Leverage 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.

Ready to trade?


Opening a Pepperstone account is easy. You can apply in minutes. Start your Pepperstone journey today!

Trade Now

*1:500 leverage apply to Pro client only, retail client can get up to 1:200 leverage on forex.