Forex trading

The forex market (FX) is the world’s largest decentralised financial market, with trading volumes exceeding $6.6 trillion a day*. That’s more than most of the biggest stock markets combined. Trading 24-hours a day, there’s always an opportunity to buy or sell. Whether you’re new to CFD trading or a seasoned trader, the FX market represents a way to take advantage of price movements in one of the most liquid assets. Start trading with some of the industry's lowest spreads today.

Forex spreads and currency pairs

Our spreads are some of the best in the market. We feed pricing directly to our platforms from our liquidity providers - no intervention or dealing desk required. Find spreads as low as 0.0 pips on 14 major FX pairs when trading on our Razor account. We offer 60+ currency pairs so you can take advantage of all of the world's major markets. See our full list of currency pairs and spreads.

Why trade forex with Pepperstone

Once you start trading forex with Pepperstone, you’ll see why we’re a market leader. We access multiple liquidity providers and external pricing sources to give you the best prices and competitive, low spreads when you trade with us.

Quality trading conditions

  • Tight spreads: Access great pricing from as low as 0.0 pips on our Razor account on the most highly traded currency pairs. Check out our pricing feeds direct from investment banks, with a list of Inter-bank spread averages.
  • Fast execution: Get into your trade when it counts and make the move you've been waiting for, with our average execution speeds of 25ms.
  • Control your risk: We offer up to 500:1 leverage which you can reduce at any time. Place stop loss orders for risk management with no restrictions.

A better experience

  • Award-winning customer service: Live chat, email and phone. We’re always by your side.
  • Reward your trading: Reduce your trading costs through our Active Trader program, exclusive for FX traders.
  • Trade with confidence: We’re regulated in multiple jurisdictions, including ASIC, FCA, and DFSA. Trade with confidence knowing your funds are safe and secure.

How does forex trading work?

When you trade the FX markets with Pepperstone, you trade using CFD products. Contracts For Difference (CFDs) enable you to take advantage of price movements in an underlying asset, for example EURUSD, without needing to physically hold the currency you are buying or selling. All currency pair trades involve the buying or selling of one currency priced in another. There is a base currency and a quote currency.

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

Forex trading platforms

We offer three powerful trading platforms which you can use to analyse the FX market. Pepperstone’s industry leading MT4, MT5 and cTrader platforms are available on PC, web and mobile. Set up your trading strategies and EAs 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.

Forex news & analysis

Our dedicated Market Research analysts will give you the insights you need to make informed trading decisions. Subscribe to our Head of Research, Chris Weston’s, Daily Fix for updates and experienced market commentary on the days’ market moving news. Connect your trading account to Autochartist for in-depth trade setups and trading opportunity alerts.

Ready to trade?

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

*source: BIS Triennial report (2019)