Regulated offices
Pepperstone Australia is licensed by the Australian Securities and Investments Commission (ASIC) and Pepperstone UK is authorised and regulated by the UK Financial Conduct Authority (FCA). Under these licenses, we're obliged to meet strict capital requirements while implementing and complying with stringent internal procedures that include: client money protection, risk management, anti-money laundering, conduct, training, accounting and audits.
Relevant regulations
This page sets out the different regulatory and financial protections that you'll get if you're a retail client and you open a trading account with our Australian or UK businesses.
Important: You'll receive different regulatory protections depending on which Pepperstone business you trade with. Please note, the regulatory requirements below are for retail investors and different requirements can apply to wholesale investors. This information isn't intended for distribution to or use by any person in any country where that distribution or use would contravene local laws.
| Entity | Pepperstone Group Limited | Pepperstone Limited | Pepperstone Markets Limited |
|---|---|---|---|
| Regulator | ASIC (Australian Securities & Investments Commission) | FCA (Financial Conduct Authority) | SCB (Securities Commission of The Bahamas) |
| Complaints authority | Australian Financial Complaints Authority | Financial Ombudsman Service | |
| Leverage restrictions - Major currency pairs | Up to 500:1, depending on the instrument | 30:1 | Up to 500:1, depending on the instrument |
| Leverage restrictions - Non-major currency pairs, gold and major indices | Up to 500:1, depending on the instrument | 20:1 | Up to 500:1, depending on the instrument |
| Leverage restrictions - Commodities other than gold and non-major equity indices | Up to 500:1, depending on the instrument | 10:1 | Up to 500:1, depending on the instrument |
| Leverage restrictions - Individual equities | Up to 20:1 | 5:1 | Up to 20:1 |
| Leverage restrictions - Cryptocurrencies | Up to 5:1 | 2:1 | Up to 5:1 |
| Client money protection | Yes. Client money must be held in segregated bank accounts. | Yes. Client money must be held in segregated bank accounts. | Yes. Client money must be held in segregated bank accounts. |
| Negative Balance Protection | No | Yes | No |
| Mandatory 50% margin close out rule | No. Please refer to the PDS for the margin close-out rules that apply | Yes | No. Please refer to the Order Exection Policy for margin close-out rules. |
| Compensation Scheme | No | Yes, Financial Services Compensation Scheme (up to GBP85,000 per eligible investor) | No |
| URL | www.pepperstone.com/en-au/ | www.pepperstone.com/en-uk/ |