Today, Pepperstone is also based in the City of London, Dubai, Düsseldorf, Limassol, Santiago and Nairobi and prides itself on the award-winning service it has delivered to over 400k clients worldwide.
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Hi all,
This broker is not a good as they are advertised on many forums. They will try to pass bad slippage on you if you are in a losing trade to make your loss wider. But if you are in a winning trade, they do not pass good slippage to you
Please be careful with this broker - I recommend you Dukascopy or MBTrading
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I have been trading with Pepperstone for quite some time now, both demo and live.
First i was worried because the demo platform seems to freeze a lot, at least it does here.
But the live platform has got no problems, no freezing at all, very fast execution, good customer service, ...
Very happy with this broker, soon am going to make larger deposit and starting a PAMM.
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I've been trading live with them for a few weeks but so far so good. Execution is fast, the spreads are good and the customer service is excellent. The only problem I had with them was with funding my account, it took over a week! other than that I encourage traders to go for them.
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Opened an account edge razor, and during the deposit I stubled upon the "Bank of Australia" fee...its 3% on the non AUD currencies and 1.8% on aussie. Now i was going to deposit 2000 EUR, actually i wasn't planning to begin trading relieved of 60 euro just from the start -.-
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Well, not much experience with other brokers but apart from the occasional freezing (which might be as a result of my internet service provider, i find the great) i find
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Been with Pepperstone for over a month. Not a great length of time to evaluate. But so far so Good, I run 6/7 EA of the same account. only problem i have encountered is that it does disconnect like Steve mentioned. Customer services is ok. i have seen better at fxopen but it is bearable. Spreads are not as good as some brokers like fxopen and icmarkets via an ECN account. But its working good till now. So dont fix something which isnt broken. Also they have direct raw data feed giving virtually 100% tick data. And there servers are located in the equinox data cente NYC. So there back end latency is brilliant. coupled with CNS VPS having a direct link to there servers makes this service great. so the few pips you lose in spread you more than make up in slippage with other brokers. the old saying "you cant have your cake and eat it." Hope this helps :-)
gchads
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Great Aussie broker, deposits within 12 hours before 2pm, withdraws come within 12 hours for me. Never been stop hunted, requoted etc. SPreads are always excellent, Customer service is better than i have experienced in the last few years, Overall, GO FOR IT! Very Good.
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At the moment it seems to be a great broker, 5 stars for me. Try demo account, the excecution is the same in real.
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Good ECN broker.
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hi, what is this MDP you are talking about ? and what was the reason you got refund from Pepperstone ?
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I've been using Pepperstone since I gave Think Forex the boot last month. I've noticed that their platform disconnects a few times each day, generally for about 3-4 minutes. They say one of them is for End of Day - so that's fair enough, but the others?
Anyone else seeing problems with them?
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Good Borker!😄
Since Oct. 2011, I'm trading on Pepperstone. The spreads are very low, orders are executed very fast, so scalping EAs are doing well. But sometimes the connection to their server bocomes disconnected.😕
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I chose Pepperstone because of their Aussie regulation and they are close to Singapore. I haven't had any tech issues because I don't use lousy EA's like MDP which rely on spikes for execution, which IMHO is recipe for failure. I had a friend program an EA for me and so far the EA is making money with Pepperstone Razor account. Can't speak for the standard account. 😄😄
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I chose Pepperstone because of MDP. They had some technical issues, but their customer support was professional enough to accept what was happening and gave me a prompt refund. I hope this does not happen again and I’ll be watching.
Besides these sporadic tech issues, my Pepperstone account is up. MDP is doing really well with Pepperstone compared to other brokers.
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I'm with Pepperstone for couple of months now. So far everything is good, their support and back office support also friendly. At first I'm using standard account, but then I've changed it to razor account.
If you want better connection between your MT4 terminal and their MT4 server, then choose VPS that located in US as far as I know they've changed their server location to US. I did this and my EA working smoothly on communicating for enter and exit trades with pepperstone server.
😄
And the additional feature that I like and hope it'll get more better in the future is their blackberry app. The app is nice, it has chart, your favorite pairs, and have the basic trading features. They only thing on this app that little disappoint me is when you are using BIS (blackberry internet service) to get connected to their server, you will unable to do that as you'll get an error message. But will get connected perfectly when you are within WiFi range.
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Hi Sharp,
the execution problems here and there are not only at Pepperstone atm. many user report us this from different broker special at times when news will be released. i think we have strange Market situations with all this problems in the world. much volume must be handled from the liquidity provider banks special on News or around this times.
nice that you found the Aslan Group as your rebate partner. I'm sure you will see the best service and highest rebates special for Pepperstone. We work as partner in Germany together with this Guys. when you need any help or you have a question around your account or Pepperstone ....you can contact me here at any time and I search to help you 😉
wish a ton of pips
😄
Overall
Have noticed slow execution on some trades, which is a concern when the market is moving fast. Otherwise quite happy so far. One benefit not mentioned here, which I discovered by accident, is the Aslan Group rebate program. Monthly rebates are paid directly to your PayPal account, and they add up. Have already received my first rebate!
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Be away from it, the platform is freezing when the Non-Farm data come. And always huge slippage nearly on each SL orders.
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Pepperstone Support: Welcome to Pepperstone. How may I help you?
84.205.231.39: Hello could you tell me if you are regulated?
Pepperstone Support: Yes we are regulated in Australia by ASIC
84.205.231.39: Peperstone are a WL of AXI and licensed under CDM which doesn't even cover market making for FX. Meaning they're not properly license
84.205.231.39: what is that?
Pepperstone Support: I think that is some BS comment left by our compeditors
84.205.231.39: that is what i wanted to know
84.205.231.39: and do you have a vps?
Pepperstone Support: https://www2.search.asic.gov.au/cgi-bin/gfs010c?FORMID=authreproles&ORIGIN=far&REPNO=389931
Pepperstone Support: Here you can see our regulation status
Overall
Just opened a live a/c "Razor"
Too early to be really sure, but a very encouraging first week. My scalping ea is trading twice as much, the platform is rock steady and support is very friendly and helpful.
I've used big brokers who made me so unhappy with 'trade context busy' 'failure to close' ...frozen platforms etc etc that it is a relief to be able to trade without all that stress.
I guess it's a bit like comparing a supermarket to a small shop...sometimes the small shop gives better service and better quality.
I wish them all the best for the future - at the moment I feel less stressed and I'm enjoying my trading once again.
😄
