Pepperstone review : best forex broker review in australia

Pepperstone was founded in 2010, Pepperstone is Australia’s fastest growing currency trading brokers.The Australian forex broker offers direct trading with ‘no trading test’ resulting in:

Pepperstone was found to be the best forex broker based on spreads & features. 

View the complete 2015 pepperstone review below

– The fastest trade executions for Australian forex traders
– Lower spreads
– Reduced slippage

Why Does Pepperstone Have The Fastest Trade Executions?

As a ‘true ECN’ broker, Pepperstone allows Australian forex traders to directly make trades with currency pools including the leading bank systems. This is termed their ‘edge environment’ and with no dealer desk intervention it allows ultra-fast trade placements.

10098897968927378PepperstoneIC MarketsCMC MarketsFXCMPlus500OANDAThinkForexGO Markets0102030405060708090100Plus500: 68Execution Speed

There are two key factors which make the brokers execution speeds up to 12x faster

1) Optical Fibre From Australia To Wall Street
Pepperstone utilises an optical fibre network from Sydney to their New York equinox servers.
This ensures that Australian forex brokers don’t need to worry about the thousands of kilometers that information needs to travel in order for for a trade to be executed.
Up to 10x latency reductions result from this factor!

2) MetaTrader Master Server Setup
Pepperstone has partnered with Equinix, one of NASDAQ’s leading listed firms

Equinix has setup servers near Wall Street and allows their forex traders to low-latency networks with the ability to exchange data with strategic partners that are close by.
Overall the Equinix NY4 facility has:
-60+ Exchanges
-400+ buy/sell firms
-150+ Financial Service Providers

Pepperstone’s Offers Some Of The Lowest Forex Trading Fees in Australia

When combining spreads, commissions and other fees of Australian forex brokers Pepperstone came was viewed as the ‘best value’.

10092637652617691PepperstoneIC MarketsCMC MarketsFXCMPlus500OANDAThinkForexGO Markets0102030405060708090100Pepperstone: 100Spreads & Commission Comparison

There are two types of accounts with Pepperstone – Standard & Razor.

Standard Account
Standard accounts has no commission an spreads starting from 1.0pips.
It includes negative balance protection to help reduce Australian forex trader risk.
Razor Account
Razor accounts have a AU$3.5 commission on every $100k traded.
On the plus side, their spreads are in many cases the lowest in Australia from 0.1pips.
Generally, expert forex traders select the Razor account.

What Trading Platform Does Pepperstone Offer?

Pepperstone offers Australian forex traders with the widest range of platforms as you can view on the below comparison table.