Your position, your timeline. With no expiry dates, no crypto wallet required, and funding rates known upfront, perpetual CFDs put you in the driver’s seat.

Data for the Pepperstone Group, correct as at 31st March 2026
900K+
Traders
$947B+
Monthly trading volume (AUD)
$133M+
Withdrawn each month (AUD)
12
Global offices
A perpetual CFD ("Perps”/ “Perps CFDs") is a derivative contract that tracks an underlying asset with no expiry date. Unlike standard futures or dated CFDs, you can hold your position indefinitely – as long as your margin supports it.
Traders holding long and short positions exchange funding payments on a regular schedule. When longs outnumber shorts, long holders pay short holders and vice versa. This keeps the contract price in line with the underlying market.
Pepperstone has offered CFDs across forex, metals, indices, equities and crypto since our founding. As markets evolve, so does our product range.
Perpetual CFDs are our latest addition. They work like the CFDs you already know – same platforms, same account, same regulatory protections. The key difference: no expiry date, and a transparent weekly funding rate instead of an overnight swap.
Perpetual CFDs have no fixed end date. Hold your position as long as your margin supports it – no rollovers, no forced closes at contract expiry.
We've replicated peer-to-peer perp funding, but made it more predictable. A fixed rate is published weekly and applied once daily — so you always know your holding cost before the trading day begins.
Take a view in either direction on any instrument in the perpetual range, 24/7. Same leverage, same execution, same platforms you already use with Pepperstone.
The funding mechanism and instrument infrastructure are entirely proprietary. Expect an ever-expanding range of perpetual instruments, giving you more markets to trade as demand grows.
SpaceX is now available as a Perpetual CFD. Take a long or short position at any time – no expiry date, no wallet, no market hours restrictions.

Get started with a live trading account.
Access TradingView, MT5, cTrader, or the Pepperstone platform.
Find instruments like SPCX.
Execute your position and manage risk using built-in tools.
Pepperstone gives you the execution, platforms and regulatory protections to trade perpetual CFDs with confidence.

Receive a 99.00% fill rate, with no dealer intervention.1

Choose from TradingView, MT5, cTrader or our native platform and app.

Get support 24 hours a day Monday to Friday, and 18 hours on weekends.

We follow stringent regulatory processes and client funds are segregated in tier-1 banks.
Switch to Pepperstone now and join our global community of over 900,000 traders.² Apply in minutes with our simple application process.
Sign up with your email address and get a free demo.
We’ll check your suitability for our products.
Your safety is our top priority.
That’s it! You’re ready to trade.
199.00% fill rates are based on all trades data between 01/01/2026 and 31/03/2026.
2Data for the Pepperstone Group, correct as of 1 March 2026.