Funding and withdrawals

You can deposit and withdraw funds using Apple Pay, Google Pay, debit and credit cards, and domestic and international bank transfers.

At Pepperstone, we only charge fees on international bank transfer withdrawals (£20 deduction from your trading account balance). Withdrawals are free to all other payment methods, and deposits are always free.

Withdrawals processed via Apple Pay, Google Pay, and debit/credit cards take up to 1 business day. Domestic bank transfer withdrawals take up to 2 working days, while international bank transfer withdrawals can take up to 7 working days.

You can fund your Standard or Razor Pepperstone account with GBP, USD, EUR and CHF.

There is no minimum deposit amount for domestic and international bank transfers. Apple Pay, Google Pay, and Visa and Mastercard debit/credit cards require a £10 minimum deposit.

The main differences between funding your Pepperstone account via bank transfer vs card are processing times and costs. Deposits made by card arrive immediately, whereas domestic and international bank transfer deposits can take up to 2 working days. If you choose to use an international bank transfer to deposit, we will deduct $20 from your trading account balance.

You cannot fund your Pepperstone account or withdraw from it using cryptocurrencies in the UK. This is because of FCA regulations that ban UK clients from trading cryptocurrency CFDs.

There are a number of measures that we put in place to ensure that your funds are protected with Pepperstone:

• Your money is held in segregated client bank accounts at regulated banks.

• Your money is distributed across major banks regularly assessed against Pepperstone’s risk criteria.

• Your money and assets will never be merged with Pepperstone’s own money and assets.

• Pepperstone does not use retail client money for hedging trades with other counterparties.

• Your money and assets are protected from creditors in the unlikely event Pepperstone goes into liquidation.

To find out more about how we keep your funds safe, what we do with them, and where we hold them, click here.

To withdraw profits from your Pepperstone trading account, simply log in to your 'my account' and select the 'Funds' tab. Then, click on the 'Withdraw Funds' tab to find all withdrawal options.

You’ll need to confirm the withdrawal request within one hour by clicking the "Accept Withdrawal" link embedded within the withdrawal confirmation email. If your account has 2 Factor Authentication (2FA) enabled, simply enter the code from your authenticator app to confirm the withdrawal.

In some cases, it can take longer than 7 business days for your funds to reach your account. This could be for a number of reasons, including the following:

• Your payment provider rejected the funds

• Incorrect account details were entered

• The beneficiary bank or the intermediary/correspondent bank could be causing delays because of their regulatory processes

If it’s been more than 7 business days since the withdrawal was processed and your bank has not been able to locate the funds, please email funding@pepperstone.com and we can provide you with a receipt for the withdrawal.

If you present this receipt to your bank, they'll be able to either locate your funds for you or explain why they couldn't accept them.

Yes, if you deposit via Apple Pay, Google Pay or a Visa or Mastercard debit/credit card, your funds will arrive immediately. Domestic and international bank transfer deposits can take up to 2 and 7 business days, respectively.

To withdraw money from Pepperstone, your identity must be verified with a valid proof of identity document (passport, driver's license, national ID or government-issued photo identification) and a valid proof of address (Utility bills [gas, electricity, water, council tax, landline phone or internet], bank or credit card statement, government-issued tax document, resident certificate or a UK driver's license).

If you request a withdrawal at the weekend or on a bank holiday, it may take longer to arrive, as Pepperstone only processes withdrawals on working days.

The fastest ways to fund your Pepperstone account and start trading immediately are Apple Pay, Google Pay and Visa or Mastercard credit/debit card payments.