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Pepperstone broker review

Pepperstone Group Limited · founded 2010 · HQ Melbourne, Australia

Pepperstone is an Australian-founded ECN/STP broker since 2010 with strong multi-jurisdiction regulation (ASIC, FCA, CySEC, DFSA). Raw spreads, $0 minimum deposit, and an institution-grade execution model — popular with algorithmic traders and serious manual traders.

70% cashback on every lot you trade at Pepperstone, via PipGap. Broker pays IB commission per trade — PipGap refunds 70% to you.
Payout
Estimated · auto-credited by Pepperstone
Sign up via PipGap →

Key facts

Founded
2010
Headquarters
Melbourne, Australia
Min deposit
$0
Max leverage
1:500
EUR/USD spread
0.1 pip
XAU/USD spread
0.12 pip
IB / lot
$0.80
PipGap cashback
70%
Cashback payout
Estimated
USDT withdrawal
No
Withdrawal speed
1–2 days

Regulators

Pepperstone is regulated by:

ASIC FCA CySEC DFSA

Licensing applies to the regulators above, not worldwide. Check local rules before you trade.

What we like

What to watch

How Pepperstone cashback works with PipGap

You sign up to Pepperstone through PipGap's referral link. Pepperstone pays an IB commission on every lot you trade, and 70% of that commission is credited directly into your Pepperstone account by the broker — PipGap never touches your money. Broker auto-credits cashback by next day. PipGap is not an active IB partner yet — cashback math is an estimate. Withdraw via bank, card, or PayPal (no native USDT on most entities). Your spread and commission with Pepperstone stay the same — cashback is purely additional.

Get 70% cashback on every Pepperstone trade

Sign up through PipGap. Cashback activates automatically.

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Disclaimer: Forex and CFD trading carries significant risk. Past performance is not indicative of future results. Broker rates, spreads, and conditions may change — verify on the broker's official site before depositing. Licensing applies to the regulators listed above, not worldwide. Some jurisdictions restrict offshore retail forex (incl. Pakistan — SECP has not licensed offshore retail forex). You are responsible for checking what's legal where you live. PipGap is a referral platform — we do not provide trading advice.