Zero commission. Infinite opportunities.
Open a Razor account and pay $0 commission on your first 20 trades.*
Why Pepperstone?
Low spreads
Benefit from industry-leading low spreads from 0.0 pips on our Razor account.
Seamless trading
Trade across multiple devices and enjoy lightning-fast execution speeds.
Confidence and security
Pepperstone is an ASIC and FCA-regulated broker with segregated client funds.
Razor account features
| Spread type | Prices direct from multiple liquidity providers |
| Typical EUR/USD spread | From 0.0 pips |
| Min / Max Trade Size | 0.01 lots/100 lots |
| Commission | AU$3.5 per 100k traded |
| Leverage available | 1:1 - 500:1 |
| Min account opening balance | $200 AUD or equivalent in your preferred currency |
| Account base currencies available | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
| Scalping allowed | Yes |
| EAs allowed | Yes |
| Hedging allowed | Yes |
Trading on our Razor account
Get more out of every market opportunity with our most popular trading account.
- Access raw spreads from 0.0 pips
- Enjoy the flexibility to trade down to 0.01 lots
- Give your trading an edge with lightning-fast execution speeds
As awarded by
Known for our industry-leading trading conditions and innovative technology and recognised globally with awards for our excellent customer service and low spreads, we constantly strive to achieve the best results for our clients.
^Investment Trends 2019 Australia Leverage Trading Report
*This promotion is available to new Pepperstone clients only.