CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Forex Trading Accounts

Whatever your trading style or experience level, we have a trading account type to suit you.

Included across all trading accounts

We know that every trader is different. However, there are some things that all our clients look for in a live account.

Minimum 0.01 lots trading size

Maximum 100 lots trading size

We offer 1:500 leverage1

AUD$200 minimum account opening balance

Base currencies available: AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD and HKD

Scalping allowed

Expert advisors allowed on all Pepperstone account types

Hedging allowed

News trading available

No dealing desk execution

Choose the right CFD Trading account

While all of our accounts include the features listed above, our Razor and Standard accounts do have some differences. If you need help deciding which account type is right for you, take a look at our FAQs or get in touch.

Razor Razor Standard
Trading Platform cTrader TradingView/MetaTrader 4&5 cTrader/MetaTrader 4&5
Commission (FX Only) 3 USD (per lot, per side) 2.60 EUR (per lot, per side) No commission
Spreads Raw Raw Variable
Average EURUSD spread 0.0 - 0.2 pips 0.0 - 0.2 pips 1.0 - 1.2 pips
Minimum Deposit $0 $0 $0
Max Leverage for Retail Clients 1:30 1:30 1:30
Max Leverage for Professional Clients 1:500 1:500 1:500
Maximum Orders/Positions per account 2000 2000/ 200/ 500 2000/ 200/ 500
Minimum Trade size 0.01 lot 0.01 lot 0.01 lot
Instrument Offered 1200+ 1200+ 1200+
Stop Out Level (Retail) 50% 50% 50%
Stop Out Level (Professional) 20% 20% 20%
All Trading Strategies & Styles Allowed Allowed Allowed
API Trading Allowed Allowed Allowed
Free VPS Yes Yes Yes
Free Trading Tools Allowed Allowed Allowed
Limit & Stop Level order distance restrictions None None None
Programing Language C# MQL4/5 MQL4/5
Swap Free Account No No Yes
24/7 Support Yes Yes Yes

*MetaTrader 4 commission is calculated for a round-turn transaction and is charged on the opening deal.

*Find out more about spreads, swaps and"commissions.

Account type FAQs

    Ready to trade?

    Opening an account is quick and easy. Apply and start trading.

    1:500 Leverage is applicable to professional clients only; retail leverage is capped at 1:30.