The broker has been around since 2010, and is popular among many online traders as it is seen as a reliable player in the space that gives access to high trading leverage and a fairly wide range of assets to trade. The broker offers trading in both a range of forex pairs, as well a CFDs based on everything from stock indices to cryptocurrencies and various commodities.
Pepperstone is regulated by the Australian Securities and Investments Commission (ASIC), by the Dubai Financial Services Authority (DFSA), by the Securities Commission of The Bahamas (SCB) and also by such financial regulators as the Cyprus Securities and Exchange Commission (CySEC), the UK’s Financial Conduct Authority (FCA) and the German Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) which in turn are subjects to oversight by the European Securities and Markets Authority (ESMA). As a result of the ESMA’s influence over the Cyprus- and UK-registered entities, trading leverage here is limited to only 1:30 for major FX pairs. With the Australian-based and Bahamas-based entities, however, leverage is capped at the usual high level of 1:500.