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Pepperstone Review Scores


Overall score: 3.7 / 5

Total votes: 471
Platform
1
Pricing
1
Customer service
1
Features
1
1 - Worst 5 - Best

Pepperstone Discussion

136 posts
what EA where you using
15 posts
Market Maker broker, they close my account with scalping EA, dont open account here.
Thweis SXFX- Forex trading group
18 posts
Pepperstons has a A and B book, they even say this in their terms of use!

They are not true ECN either as they only forward market orders to the ECN grid, same is true for IC Markets.

85 posts
Irishmist posted:
The spreads are terrible on the Razor account if you add up the commission & swap its higher than FXCM standard account. This can not be true ECN raw feed. They seem to run an A & a B book

I hate it when Brokers place from 0.3 pips to 6.8 pips u see the 0.3 for a split second of the day & you stay trading at 6.8 pips

I did this research long time ago, if you want to find out how much the spread to be equal with pips on their razor account, you just simply enter a trade and find out when you have your position reach BEP, which means when your profits would be $0 after deducted by their commission. I've done this and found it's only around 0.6 pips.

So in your case when the spread is 0.3, then the actual spread (with commission) would be 0.9, this still less than 1pip (or less than 10 pips in 5 digits broker).
136 posts
The spreads are terrible on the Razor account if you add up the commission & swap its higher than FXCM standard account. This can not be true ECN raw feed. They seem to run an A & a B book

I hate it when Brokers place from 0.3 pips to 6.8 pips u see the 0.3 for a split second of the day & you stay trading at 6.8 pips
38 posts
trihhnguyen posted:
cobraforex posted:
dunkdenk posted:
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading

Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉

Hi dunkdenk,

I am not a marketer for Dukascopy or MBTrading

I just give a warning to traders to be careful with this broker

This is not a true ECN broker. A big cheater

Thanks
They are so good now, guy. The price is the same as Onada and withdraw is ok.
I think you hate them. you just want everyone to go far away.


Hahaha, There is no benefit for me to hate them or anyone. It is a warning about bad slippage pratice
It is your choice to work with them or not. For me, I have found that they are not a real ECN but making false advertisement

In the forex market, there are some True ECN Broker: ICMarkets, OpenFX, Dukascopy and MBTrading, BostonPrimeFX. Trading with them for long enough and then try the above True ECB Brokers, you will know what I mean

Happy Trading
At least 50% gain a month
1 posts
cobraforex posted:
dunkdenk posted:
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading

Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉

Hi dunkdenk,

I am not a marketer for Dukascopy or MBTrading

I just give a warning to traders to be careful with this broker

This is not a true ECN broker. A big cheater

Thanks
They are so good now, guy. The price is the same as Onada and withdraw is ok.
I think you hate them. you just want everyone to go far away.
38 posts
dunkdenk posted:
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading

Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉

Hi dunkdenk,

I am not a marketer for Dukascopy or MBTrading

I just give a warning to traders to be careful with this broker

This is not a true ECN broker. A big cheater

Thanks
At least 50% gain a month
85 posts
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading

Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉
38 posts
haystack posted:
Great New Broker - Just opened my live account and trading is going very well so far.

Hi Haystack,

Big warning, they will pass bad slippage on you but never make you to have a good slippage
I traded the same strategy with them and other ECN broker and found that
This broker is a cheater

Please use true ECN broker ; Dukascopy or MBTrading
At least 50% gain a month
38 posts
walker36 posted:
Comıssıon does not make you loose a treade but larger spread does.
I am also plannıng to open a Razor account. If you get verıfıcatıon please let me know.

regrads

Hi Friends,

Big warning, do not trade with this broker. The 2004 to open ECN account and low spear is just a market message
In real trading, bad slippage and low order execution will make your trading cost quite high

Please use other true ECN brokers such as Dukascopy or MBtrading
At least 50% gain a month
38 posts
trade4hapi posted:
just another cheater, still slow execution and large slippage. It took 7s to execute an order for an STP/ECN broker. just a joke.

Yes, I do agree. This broker is a cheater
Staying away from them. Use true ECn broker like Dukascopy or MBTrading
At least 50% gain a month
38 posts
haystack posted:
Great New Broker - Just opened my live account and trading is going very well so far.

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
At least 50% gain a month
85 posts
Did withdrawals for couple of times until now, both funds are received within 24 hours after got deducted from my mt4 account balance. All the processes went smooth.
1 posts
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.
20 posts
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.
1.Make pips 2.Keep pips 3.Repeat 1 & 2
23 posts
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 -.-
107 posts
I am using them and they are stable
Manage your risk and DD well and your account will grow.
1 posts
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
If you are to make money in the market, you take no sides, simply go with the flow
11 posts
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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