CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.4% 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

No 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 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 Standard
Trading Platform MT4, MT5, cTrader & TradingViewcTrader/MetaTrader 4&5
Commission (FX Only) From 3 USD (per lot, per side) No commission
Spreads Raw (from 0)Variable
Max Leverage for Retail Clients 1:2001:200
Max Leverage for Professional Clients 1:500 1:500
Account currencies USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKDUSD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD
Instrument Offered 1200+ 1200+
Stop Out Level (Retail) 50% 50%
Stop Out Level (Professional) 20% 20%
START TRADINGSTART TRADING

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

*Commission may change based on your account, platform and base currency. Find out more about spreads, swaps and commissions.

Account type FAQs

    Ready to trade?

    It's quick and easy to get started – even with a small deposit. Apply in minutes with our simple application process.

    1:500 Leverage is applicable to professional clients only; retail leverage is capped at 1:200.