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- Website: pepperstone.com
- Year since: 2010
- Headquarters: Melbourne, Australia
- Company registration: Pepperstone Financial Pty Ltd, No. 12 147 055 703, Australia.
- Regulation: CDM Pacific Pty Ltd (AFSL No. 223682)
- Notes: Pepperstone Financial Pty Ltd is a Corporate Authorized
Representative, CAR No. 389931 of CDM Pacific Pty Ltd (AFSL No. 223682)
All reviews must contain Live account number with Pepperstone broker.
Reviews submitted without the account number will not be accepted*.
*This is is a temporary measure. For details, please refer to the Administrator post on March 27, 2012.
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REVIEWS & RATINGS
Administrator 100Forexbrokers.com
March 30, 2012To JP Robot, who wrote:
"100 Forex Brokers, You have to open real account with this broker privately, You have to spend real money from your poket. and You have to see check up..."
We treat all brokers equally. We have trading experience with a number of brokers, but this doesn't change our policy - we cannot show bias (positive or negative) towards any broker regardless our experience.
The same approach applies to the current matter: our reviews system has been abused, and it doesn't matter who the broker is, we must take necessary measures to ensure that our site receives authentic reviews for all brokers.
We apologize to everyone for this temporary inconvenience, and remind that only reviews that contain live account numbers will be published. Thank you for your understanding!
Administrator, 100Forexbrokers.com
March 27, 2012At 100Forexbrokers we keep absolute transparency of everything & every single fact. Therefore we'd like to outline recent facts & remind about our website policy:
1. No side (be it a broker or a trader) is ever defended by us. 100Forexbrokers.com is an unbiased resource.
2. The following facts has been documented since autumn 2011 at the Pepperstone reviews page:
In total 20 negative reviews-in-question have been detected, where:
- 4 reviewers hided their true country of origin & submitted reviews under different names. All reviews turned out to be from one country, clients of which are not allowed to open accounts with Australian brokers.
- 5 reviewers hided their true country of origin & submitted reviews under different names. All reviews belong to the same person.
- 2 reviewers hided their true country of origin & submitted reviews under different names. All reviews belong to one person.
- 4 reviewers hided their true country of origin & submitted negative reviews by using 2 different names. All reviews belong to one person.
- 3 reviewers hided their true country of origin & submitted reviews under different names. All cases originated from one country.
- in addition, 2 latest reviews submitted under different names belong to the same person. Reviews contained personal attack with claims of sexual harassment & information that questions their authenticity.
In response to the above, we now require that all traders who want to leave a review provide their Live account number to support own reviews.
Reviews that don't contain account numbers will not be accepted.
Germany Tom
March 1, 20125 years Total
Live Razor 4 months with this Broker
Administrator note: Tom, due to recent events (outlined above), in order to validate your reviews, please provide your ASIC complaint reference number. Thank you!
Razor account:
Yesterday, i have filed a complaint to the ASIC regulator depending on all the typical bucketshop practices like platform outages,quotes and price freezes,slow executions,slippage,platform shutdown before/during news events,no filling orders etc.
ASIC really should act and shut down these cheating practices or shut down Pepperstone completely.
Germany, Martin
February 28, 20124 Years Total
3 Month with this Broker
[...] Removed [...]
Administrator note: reviews submitted by "Netherlands / Hadria" and "Germany, Martin" belong to the same person. Reviews contained personal attack with claims of sexual harassment & information that questions their authenticity based on the above.
Brazil
February 23, 20127 Years Total
1.5 with this Broker
Everyone in the forex community knows that Pepperstone use Integral, the same ECN as Axitrader. However Pepperstone have been around longer and are not a market maker like Axitrader. They are a true ECN broker. How do I know? They are the only Broker that lets me trade BRL/USD so I can hedge my exposure to adverse movements in my currency
Australia, Fruity
February 8, 20125 YEARS LIVE Total
2 MONTHS TOO LONG with this Broker
Pepperstone is a white-label of another broker Axi Trader. They are white labelling Axis Traders MT4 integral server and are using the Virtual Dealer Plugin http://www.youtube.com/watch?v=_RSih-uqKU0, this is the cause of all the problems they are having, including the problems that I have had with them.
One of their directors Joseph Davenport who previously worked at Go Markets started Pepperstone. Rumor has it that he took clients with him when he left and that's how the company started. I guess this is how most small company's start but its not entirely ethical.
The connection runs deeper between Pepperstone and Axis Trader, its more than just a white-label.
frank p
January 30, 20124 years Total
3 months with this Broker
Absolute joke of a broker, terrible customer service, very unreliable platform and a poor excuse of a broker.
Obviously a white label as I don't trust brokers with no regulation and licence of their own.
When I add the regular spreads ( not the spreads advertised ) to the fees they charge then it works out to be more expensive than most other brokers like MBtrading and IBFX
Singapore Beachbrolly
January 24, 2012Over 25 years Total
3 months live with this Broker
In the review I read I sense that peoples comments only really reflect their success or lack of it. These and all other brokers now are driven by an electronic market that moves faster than you can press a button. its that simple. When i traded dollar/yen as a professional interbank trader spreads were a standard 5 pips. Now we get what would have been considered choice prices. And sorry people the price on the screen is being server upto you by a machine that is in essence a algo trading device. So whilst you lament that a one pip move burns you just think about if you should be doing this.
The spreads on this service are good. I cant find better. All brokers have the same liquidity providers if they be BarCap Deutsche or who ever. The only real way to tell who is really being transparent about their prices is by looking at the spreads they offer. pepperstone frankly are giving interbank spreads , its that simple. By the way I recently left an investment bank and now work in a similar space but now can trade without compliance restrictions.
As a ex-FX professional I recommend this service. its that simple...
Switzeland
January 11, 20125 years Total
1 month with this Broker
Traded with Pepperstone?
Were you satisfied with the quality of Pepperstone broker services?
-- First broker to give me positive slippage (I made more money on a trade).. that says a lot to me. Great support and tight spreads, see for yourself - http://www.myfxbook.com/forex-broker-spreads
Germany
December 29, 20115 years Total
4 months + with this Broker
Update: all the server issues are now fixed and this broker is an A grade broker. Fast scalping is my trading style and Pepperstone has great execution and spreads. Well done Pepperstone - best broker out there in my opinion.
Hong Kong, Paul
December 28, 201110 years Total
3 months live with this Broker
I have used them for 3 months now and pretty happy with them. I don't scalp and have seen some freezes which could be annoying if you're in that type of market. As a swing trader for me it isn't an issue.
The real benefits are in Stop Loss executions. I have had a buy SL at 32 in EURUSD and their market went to 31.8/31.9 and then went down so I didn't get stopped out and kept the original position. For those who use fixed spread brokers then it would have been executed even though the real market didn't trade there. I have also been the beneficiary of fills above the bid, ie I had a sell order at 40. market high was 39.8 bid, but I still managed to sell my order at 40. I couldn't ask for much more. I really do not see why people would prefer to use fixed price brokers when you can achieve better pricing this way.
Customer service is ok through Skype.
Canada
December 11, 2011Recommended by a friend Total
4 months with this Broker
I was recommended by a friend. I have a large account and so far I am very impressed - Pepperstone is a highly professional broker with the upmost quality. Trading has been a pleasure. A+
Tsung, Hong Kong
December 4, 20117 years Total
2 month with this Broker
They advertise on HK subway - A few friends trade Meta 4 for fx so I trade with them and share indicators. Low slippage but servers are in New York so I connect to the New York server for better execution - that is my advice for people who complain about slippage
Chih
November 27, 20114 Total
6 months with this Broker
Pepperstone gets 5 stars for their low commission Razor account. I have a $5000 account and they offered me the best pricing. Yes, there are other brokers with lower pricing but they are unregulated, so who knows if they will be around next month LOL!!!!
I deposited funds with moneybookers and tested withdrawal once with bank wire. Money was in my account in 2 days. :) :) :)
UK
November 26, 20114 years Total
3 months with this Broker
I signed up after a several recommendations from forums. The NY4 server is good but I don't use a VPS so would prefer if they had a server in europe as well. execution from UK to NY is pretty good but a London server would really suit me.