Overall, Pepperstone is considered low-risk, with an overall Trust Score of 95 out of 100. Pepperstone is licensed by three Tier-1 Regulators (high trust), three Tier-2 Regulators (average trust), and one Tier-3 Regulator (low trust). Pepperstone offers two different retail trading accounts: a Standard Account and a Razor Account.
- Louis Schoeman
Updated : May 22, 2024
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Overall Rating
- 4.9/5
Min Deposit
14 SGD ($10)
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Desk
MetaTrader 4, MetaTrader 5, cTrader and TradeView
Crypto
Yes
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Overview
For Singaporean traders seeking a trustworthy trading platform that offers cutting-edge technology and an extensive array of financial products, Pepperstone provides a compelling alternative.
With its excellent reputation for low risk and high trustworthiness, the broker has expanded globally by ensuring compliance with top-tier regulatory agencies, earning the confidence of Singapore traders.
Pepperstone’s competitive edge is derived from diverse market offerings, such as forex currencies, commodities markets, and cryptocurrencies, catering to varying interests within the Singaporean trading community.
Pepperstone offers Singaporeans advanced trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader. These platforms come with user-friendly interfaces and robust trading features that cater to all types of traders, including those who utilize scalping techniques or expert advisors.
With Pepperstone prioritizing fast execution times and tight spreads, these tools provide an optimal environment for seamless trades in any style.
In addition to its impressive offerings, Pepperstone is a cost-effective option by waiving deposit and withdrawal fees while providing access to demo accounts—ideal for beginner traders and experienced individuals looking for accommodating options.
Pepperstone’s customer support and comprehensive training resources are accessible 24/7 to traders seeking to take advantage of Singapore’s influential position in the Asian market.
With tailored services like local payment options and a no-minimum deposit policy, Pepperstone is ideally equipped to meet the unique requirements of Singaporean clients and acts as a useful partner within financial trading circles.
At a Glance
| 🏦Headquartered | Melbourne, Australia, with offices globally |
| 🌎Global Offices | Australia, UK, Germany, Bahamas, Dubai, Kenya, Cyprus |
| 📌Local Market Regulators in Singapore | Monetary Authority of Singapore (MAS) |
| 🚩Foreign Direct Investment in Singapore | 195 billion USD (2022) |
| 💵Foreign Exchange Reserves in Singapore | 461.1 billion SGD (November 2023) |
| 🌐 Local office in Singapore? | None |
| 👤Governor of SEC in Singapore | None, the chairman of the MAS is Lawrence Wong |
| 🫴🏻 Accepts Singapore Traders? | ✅ Yes |
| 🔢 Year Founded | 2010 |
| ☎️Singapore Office Contact Number | None |
| 📱Social Media Platforms | Facebook X YouTube |
| ⌛Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB |
| 1️⃣Tier-1 Licenses | Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA) Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) |
| 2️⃣Tier-2 Licenses | Cyprus Securities and Exchange Commission (CySEC) Dubai Financial Services Authority (DFSA) Capital Markets Authority (CMA |
| 3️⃣Tier-3 Licenses | Securities Commission of the Bahamas (SCB) |
| 🔢 License Number | Bahamas – 177174 B Australia – ACN 147055703, AFSL 414530 United Kingdom – 684312 Cyprus – HE 398429 Nigeria – CMA Licence Number 128 Dubai – DFSA F004356, DIFC 3460 Germany – 151148 |
| 🫴🏻 MAS Regulation | No, the application was withdrawn |
| ❌Regional Restrictions | United States, Canada, Iran, Japan, Iraq, Zimbabwe, Yemen, and others |
| ☪️Islamic Account | ✅ Yes |
| 🆓 Demo Account | ✅ Yes |
| 🔁 Non-expiring Demo | No, only if you have a funded live account |
| ⏰Demo Duration | 30 days if a live account is not registered |
| ➡️Retail Investor Accounts | 2 |
| 🌟 PAMM Accounts | Only MAM for Fund Managers |
| 💧Liquidity Providers | Barclays, HSBC |
| 🤝Affiliate Program | ✅ Yes |
| 🧑⚖️Order Execution | Market |
| 🏦Execution Venues | Sucden Financial Limited, IS Prime Limited, LMAX Limited, GAIN Capital, Jefferies Financial Services, Inc. (Morgan Stanley, Morgan Chase) |
| ✴️OCO Orders | ✅ Yes |
| 💻One-Click Trading | ✅ Yes |
| 🛎️Scalping | ✅ Yes |
| ⚙️Hedging | ✅ Yes |
| 👴🏻Expert Advisors | ✅ Yes |
| 📰 News Trading | ✅ Yes |
| 🗞️Trading API | ✅ Yes |
| ✏️Starting spread | Variable, from 0.0 pips EUR/USD |
| 💵Minimum Commission per Trade | From AU$7 |
| 5️⃣Decimal Pricing | 5th decimal pricing after the comma |
| 👉Margin Call | 90% |
| 🛑 Stop-Out | 20% |
| ⬇️Minimum Trade Size | 0.01 lots |
| ⬆️Maximum Trade Size | 100 lots |
| 🪙Crypto trading offered? | ✅ Yes |
| 🫴🏻 Offers an SGD Account? | None |
| 👤Dedicated Singaporean Account Manager? | None |
| 📈Maximum Leverage | 1:500 (Professional) 1:200 (Retail) – Depending on the jurisdiction |
| ❌Leverage Restrictions for Singaporeans? | None |
| 💴Minimum Deposit (SGD) | 177 SGD (AU$200) |
| 💵Deposit Currencies | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
| ✔️SGD Deposits Allowed? | ✅ Yes |
| 🌟Account Base Currency | USD, GBP |
| 👥Active Singaporean Trader Stats | 50,000+ |
| 👵🏻Active Singapore-based Pepperstone customers | Unknown |
| 📆 Singapore Daily Forex Turnover | 1.2 million SGD |
| 💳Deposit and Withdrawal Options | Visa Mastercard Bank transfer MPESA PayPal Bpay Neteller POLi Skrill China UnionPay |
| ⏰Minimum Withdrawal Time | 1 business day |
| 🕰️Maximum Estimated Withdrawal Time | Up to 7 business days |
| ✔️Instant Deposits and Instant Withdrawals? | None |
| 🗂️Segregated Accounts with Singaporean Banks? | None |
| 📊Trading Platforms | TradingView MetaTrader 4 MetaTrader 5 cTrader Capitalise.ai |
| ⏰Trading Platform Time | UTC +03:00 |
| 🧐 Observe DST Change | ✅ Yes |
| ⌚DST Change Time zone | Eastern Standard Time (EST) |
| 🛢️Tradable Assets | Forex Commodities Indices Currency Indices Cryptocurrency Shares ETFs |
| 🫴🏻 Offers USD/SGD currency pair? | ✅ Yes |
| ✏️USD/SGD Average Spread | From 0.8 pips |
| 📉Offers Singapore Stocks and CFDs | ✅ Yes, CFDs on Indices and ETFs on Indices |
| 🗣️Languages supported on the Website | English, Spanish, Russian, Chinese, Vietnamese, Arabic, Indonesian, Italian, French, Laotian, German, Polish |
| 👥Customer Support Languages | Multilingual |
| 📲Copy Trading Support | ✅ Yes |
| ⏰Customer Service Hours | 24/7 |
| 👤Singapore-based customer support? | None |
| 🎁Bonuses and Promotions for Singaporean Traders | ✅ Yes |
| 🎓Education for Singaporean beginners | ✅ Yes |
| 💻Proprietary trading software | None |
| 🎀Most Successful Trader in Singapore | Chew Wei Xiang (±$70 million assets under management) |
| 😷Is Pepperstone a safe broker for Singaporean Traders? | ✅ Yes |
| 9️⃣Rating for Pepperstone Singapore | 9/10 |
| 💙Trust score for Pepperstone Singapore | 95% |
| 🚀Open an Account | 👉 Click Here |
Regulation and Safety of Funds
Regulation in Singapore
Pepperstone is not currently regulated by the Monetary Authority of Singapore (MAS). However, Pepperstone’s global regulations are listed in the table below.
Global Regulations
| 🔍Registered Entity | 🌎Country of Registration | 🔢Registration Number | ➡️Regulatory Entity | 📊Tier | 🔟License Number/Ref |
| 🥇Pepperstone Markets Limited | Bahamas | 177174 B | SCB | 3 | SIA-F217 |
| 🥈Pepperstone Group Limited | Australia | ACN 147 055 703 | ASIC | 1 | 414530 |
| 🥉Pepperstone Limited (UK) | United Kingdom | 08965105 | FCA | 1 | 684312 |
| 🏅Pepperstone EU, Ltd. | Cyprus | HE 398429 | CySEC | 2 | 388/20 |
| 🏆Pepperstone Markets Kenya Limited | Kenya | PVT-PJU7Q8K | CMA | 2 | CMA 128 |
| 🥇Pepperstone Financial Services (DIFC) Limited | Dubai | DIFC 3460 | DFSA | 2 | F004356 |
| 🥈Pepperstone GmbH | Germany | HRB 91279 | BaFin | 1 | 151148 |
Protection of Client Funds
| 🔍Security Measure | ℹ️ Information |
| 🗂️Segregated Accounts | ✅ Yes |
| 👤Compensation Fund Member | ✅ Yes |
| 💷Compensation Amount | £85,000 |
| 🎓SSL Certificate | ✅ Yes |
| 2️⃣2FA (Where Applicable) | None |
| ⛔Privacy Policy in Place | ✅ Yes |
| ⚠️Risk Warning Provided | ✅ Yes |
| ❌Negative Balance Protection | ✅ Yes, only for UK/EU clients |
| 🛑 Guaranteed Stop-Loss Orders | None |
Security while Trading
Pepperstone’s safety procedures for Singaporean traders are rigorous and in line with worldwide best practices for protecting customer assets and information.
Pepperstone is overseen by multiple top-tier agencies, including the Australian Securities and Investment Commission (ASIC) and the Financial Conduct Authority (FCA) of the United Kingdom. These agencies provide a robust regulatory framework that requires stringent operating requirements.
Client money is maintained in segregated accounts at top-tier banks, guaranteeing that traders’ capital is not utilized for corporate reasons and is safeguarded in the case of the broker’s collapse.
Furthermore, Pepperstone incorporates cutting-edge encryption technology to protect traders’ personal and financial information, addressing cybersecurity issues in the online trading industry.
Negative balance protection, available in some locations, adds an extra degree of financial security, protecting customers from losing more than their account balance under adverse market circumstances.
These steps, taken together, provide a secure trading environment for Singaporean traders, enabling them to concentrate on trading without worrying about protecting their capital.
Pros and Cons
| ✅Pros | ❌Cons |
| Pepperstone implements several security features and measures to ensure traders have a safe trading environment | Pepperstone is not regulated in Singapore |
| Pepperstone enforces several strict policies, including AML and KYC | Negative balance protection only extends to UK and EU clients |
| Pepperstone offers investor protection to eligible traders | Singaporeans might not qualify for investor protection |
What measures does Pepperstone take to ensure client fund safety?
Pepperstone employs segregated accounts to keep customer funds separate from the company’s own assets.
Can traders set up two-factor authentication (2FA) on their Pepperstone accounts?
Yes, Pepperstone supports 2FA, which provides additional protection to client accounts.
Awards and Recognition
Pepperstone received the following recent awards and recognition:
✅Best MT4 Broker in 2023 – Good Money Guide.
✅Best Overall Broker in 2023 – Finder.
✅TradingView Broker of the Year in 2022.
✅Broker of the Year in 2022 – DayTrading.com
Account Types
| 🔍Live Account | 💴Minimum Dep. | 🚀Open an Account | ✏️Average Spread | 💶Average Trading Cost |
| 🥇Standard | 177 SGD | 👉 Click Here | 1 pips | 10 USD |
| 🥈Razor | 177 SGD | 👉 Click Here | 0.0 pips | cTrader: 8.17 USD MT4: 8.17 USD MT5: 9.2 USD |
Standard Account
For novice Singaporean traders seeking a streamlined pricing structure, Pepperstone’s Standard Account is an excellent option. This account simplifies the commission fee process by incorporating all trading costs into its spread, which starts at 1 pip.
Additionally, this feature remains advantageous to inexperienced traders as it allows them better control of their overall expenditures while providing transparent and flexible pricing options, including scalping, hedging, or using Expert Advisors (EAs) for maximum returns on investment.
Furthermore, with no size limit for trades and up to one hundred lots per single transaction allowed, irrespective of expertise level or volumes traded, Pepperstone encourages growth and self-development among its user base when exploring new financial markets.
| 🔍Account Feature | 🌟Value |
| 💴Minimum Deposit | 177 SGD or an equivalent of AU$200 |
| ⬇️Minimum Trading Size | 0.01 lots |
| ⬆️Maximum Trading Size | 100 lots in a single trade |
| 💵Base Account Currency | GBP, USD |
| 🫴🏻 Trading Strategies Supported | All including scalping, hedging, and Expert Advisors (EAs) |
| 📰 News Trading Offered? | ✅ Yes |
| 👉Trade Execution | No-Dealing Desk (NDD) |
| ✏️Average EUR/USD Spread | From 1 pip |
| 💷Commissions | None |
| 🔁 Rollover Swaps | ✅ Yes, according to the market rates |
| 📈Maximum Leverage per region | Australia – 1:30 Bahamas – 1:200 Cyprus – 1:30 Dubai – 1:30 Germany – 1:30 South Africa – 1:400 United Kingdom – 1:30 |
| ❌Negative Balance Protection Offered | ✅ Yes, only for retail clients |
| ➡️Margin Close-Out (%) | 50% |
| 🛢️Trading Instruments offered | 1,200+ |
| 📊Trading Platforms offered | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade |
| 🚀Open an Account | 👉 Click Here |
Razor Account
Pepperstone’s Razor Account is designed for advanced Singaporean traders seeking market engagement and precision in pricing. With spreads starting at 0.0 pips, it is ideal for high-volume trading and scalping strategies, minimizing fees and optimizing profitability.
Operating on a commission-based structure, it offers tight spreads, making it suitable for intricate trading strategies. The account also accommodates various trading styles, including Expert Advisors, and eliminates the need for a dealing desk, making it appealing to experienced traders who prefer direct execution methods.
The account’s rapid transaction processing is ideal for time-sensitive investment strategies. It allows traders to react promptly to market fluctuations and convert quick responses into profitable opportunities.
The Razor Account offers pricing fidelity with razor-sharp precision, executed within seconds for discerning traders seeking efficient solutions.
| 🔍Account Feature | Value |
| 💴Minimum Deposit | 177 SGD or an equivalent of AU$200 |
| ⬇️Minimum Trading Size | 0.01 lots |
| ⬆️Maximum Trading Size | 100 lots in a single trade |
| 💵Base Account Currency | GBP, USD |
| 🫴🏻 Trading Strategies Supported | All including scalping, hedging, and Expert Advisors (EAs) |
| 📰 News Trading Offered? | ✅ Yes |
| 👉Trade Execution | No-Dealing Desk (NDD) |
| ✏️Average EUR/USD Spread | Between 0.0 pips and 0.3 pips |
| 💷Commissions | From AU$7 round turn on 100,000 traded |
| 🔁 Rollover Swaps | ✅ Yes, according to the market rates |
| 💳Maximum Leverage per region | Australia – 1:30 Bahamas – 1:200 Cyprus – 1:30 Dubai – 1:30 Germany – 1:30 South Africa – 1:400 United Kingdom – 1:30 |
| ❌Negative Balance Protection Offered | ✅ Yes, only for retail clients |
| ➡️Margin Close-Out (%) | 50% |
| 🛢️Trading Instruments offered | 1,200+ |
| 📊Trading Platforms offered | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade |
| 🚀Open an Account | 👉 Click Here |
Pepperstone Demo Account
Pepperstone’s Demo Account stands out for Singaporean traders as a risk-free training platform that simulates the market environment, allowing rookie and expert traders to fine-tune their methods without incurring financial risk.
This account is especially beneficial for Singaporean traders who want to hone their abilities in a simulated environment that mimics real-world trading scenarios.
The Demo Account offers a secure environment for testing automated trading methods, including those that use Expert Advisors (EAs).
However, it is worth noting that the demo has a 30-day restriction unless the trader creates a genuine account, which may necessitate a commitment to Pepperstone’s services sooner than some Singaporeans are prepared for.
Pepperstone Islamic Account
Pepperstone offers an Islamic account, also known as a Swap-free account, for traders who cannot engage in swaps due to religious or personal beliefs. However, Singaporeans are not eligible for this account as Pepperstone restricts it to specific regions.
However, we can provide Singaporeans with an overview of the Pepperstone Islamic Account for educational and informational purposes.
The Pepperstone Islamic account provides an interest-free trading experience and access to Pepperstone’s superior trading technologies and large liquidity. Traders can use features similar to trading accounts, such as a typical spread for key currency pairs and flexible transaction sizes.
One major feature of the Islamic account is the lack of fees, allowing traders to avoid transaction charges. To create an Islamic account with Pepperstone, a minimum initial balance of AUD$200 is required. The account offers a variety of account-based currencies, including AUD, EUR, GBP, and USD.
Traders can use various trading strategies, including scalping, Expert Advisors (EAs), and hedging. However, an admin fee is imposed for transactions kept for 5 days, debited from the account balance. The Forex and precious metals trading administration fee is 100 USD.
The launch of the Islamic account demonstrates Pepperstone’s commitment to inclusion and diversity in servicing traders from all locations. It is ideal for traders adhering to Islamic finance principles.
Pepperstone Professional Account
Pepperstone’s Professional Account is designed for seasoned Singaporean traders with extensive trading expertise who want to use more leverage. To qualify for this account, you must fulfill strict requirements and have a track record of a large trading volume.
For Singaporean traders who qualify, the Professional Account provides various features, including leverage of up to 1:500, a personal account manager for specialized assistance, and reduced margin requirements on MetaTrader platforms.
Therefore, this account type is intended for high-net-worth individuals or institutional traders in Singapore who want a trading environment that supports their sophisticated skill set and trading frequency.
Pros and Cons
| ✅Pros | ❌Cons |
| Pepperstone charges low and competitive spreads on its Razor Account | The demo account is only valid for 30 days |
| Traders can expect commission-free trading on the Standard Account | Pepperstone does not have an SGD-denominated account |
| Pepperstone offers a free demo account across platforms | There are only 2 retail accounts available |
| Traders can expect competitive commission charges on the Razor Account | The Islamic Account is not available in Singapore |
Does Pepperstone offer Islamic accounts for Muslim traders?
Yes, Pepperstone offers Islamic accounts that adhere to Sharia law.
Can I change my account type after opening it with Pepperstone?
Yes, you can request an account type change by contacting Pepperstone customer service.
How to Open an Account Step-by-Step
To open an account with Pepperstone, Singaporeans can follow these steps:
Step 1: Go to the official website and click “Join Now” or “Trade Now.”
Choose your desired account type—Standard or Razor—based on your trading style and skill level. Remember that each account has distinct features best suited to various trading styles.
Step 2: Complete the online registration form
Complete the financial questionnaire needed. This questionnaire measures your trading experience and risk tolerance, allowing Pepperstone to adapt your trading experience.
Step 3: Wait for authorization from Pepperstone
Once your account has been authorized, you will get your login information via email. Use these credentials to access your new Pepperstone account.
Fund your account using one of the available deposit options, being sure to choose SGD as the currency to maintain your money consistent with your specified choice.
- Download and install trading platforms from Pepperstone, such as MetaTrader 4, MetaTrader 5, or cTrader.
- Log in to the trading interface using the information supplied by Pepperstone and start trading using the broker’s powerful tools and market access.
Is it possible to open a Pepperstone account from any country?
Pepperstone services are offered in many countries, although not all. Check their website for availability in certain countries.
Do I need trading experience to open a Pepperstone account?
No, while previous trading expertise is advantageous, it is not required to register an account.
Trading Platforms and Software
Pepperstone offers Singaporean traders a choice between these trading platforms:
➡️TradingView
➡️MetaTrader 4
➡️MetaTrader 5
➡️cTrader
➡️ai
TradingView
Pepperstone’s TradingView proves to be highly advantageous for Singaporean traders who prioritize advanced charting and social networking in their trading strategies.
With a diverse and supportive trading community, the platform is an ideal setting for the interactive exchange of ideas and techniques among traders in Singapore.
By offering numerous technical analysis tools coupled with real-time data, tight spreads, and rapid execution speeds by Pepperstone, TradingView can benefit those who rely on technical analysis to make informed decisions.
Additionally, thanks to its interface integration with Pepperstone, trades can now be executed efficiently – further simplifying the overall process for local traders using this combination of platforms.
MetaTrader 4
Traders based in Singapore find it highly beneficial to rely on the intuitive and reliable trading environment provided by MetaTrader 4 through Pepperstone.
This platform is widely recognized for its resilience and advanced analytical capabilities, seamlessly complementing Pepperstone’s low-latency trading system.
Quick and effective trade execution is significant for traders seeking to make strategic market entries or exits, making this integration an indispensable aspect of their everyday dealings.
Moreover, the narrow spreads offered by Pepperstone and MT4’s consistency in delivering accurate results without any dealing desk intervention further enhance the overall experience for Singaporean traders.
Choosing Pepperstone as a simple yet effective trading partner transforms one’s approach towards online transactions while offering top-notch services to meet all their needs efficiently.
MetaTrader 5
Pepperstone’s MetaTrader 5 is an excellent choice for Singaporean traders seeking advanced features from their trading platform.
With a wide selection of graphical tools, timeframes, and technical indicators, exceptional liquidity, and speedy execution capabilities, Pepperstone provides ample options for trading various assets.
The comprehensive charting abilities offered by MT5 also enable seasoned traders in Singapore to execute more complex deals easily. This powerful platform equips professionals with the all-inclusive tools necessary to implement intricate trading methods within Pepperstone’s effective environment.
cTrader
Pepperstone offers the cTrader platform to Singaporean traders seeking a contemporary and user-friendly trading experience.
This platform’s intuitive interface, combined with its advanced order capabilities, makes it an appealing option for those who require precise charting, various order types, and execution modalities.
Additionally, users benefit from direct market access (DMA) and efficient processing speeds, which are advantageous in high-level research and trading situations throughout Singapore.
Pepperstone upholds its values by providing a transparent and effective environment that successfully satisfies the sophisticated demands of the local trading community utilizing our cTrader platform alternative.
Capitalise.ai
With Pepperstone’s launch of Capitalise.ai, Singaporean traders can now easily automate their trading strategies using straightforward instructions. This tool enables the swift creation and implementation of trade models, which benefits those lacking coding proficiency.
By integrating this technology into their trades on the Pepperstone platform, customers in Singapore gain access to competitive pricing and speedy execution facilitated by state-of-the-art software.
Designed specifically for individuals seeking customizable automated trade solutions that cater to market conditions and personal preferences without the typical complexity associated with algorithmic systems, it is especially user-friendly.
Pros and Cons
| ✅Pros | ❌Cons |
| Pepperstone offers some of the most innovative, feature-rich platforms to Singaporean traders | Pepperstone does not offer proprietary trading software or apps to Singaporeans |
Is there a mobile version for Pepperstone's trading platforms?
Yes, smartphone versions exist for systems like cTrader, MetaTrader 4, and MetaTrader 5.
Does Pepperstone offer a demo account for its platforms?
Yes, Pepperstone offers demo accounts for all of its trading platforms.
Range of Markets
Singaporean traders can expect the following range of markets from Pepperstone:
➡️Forex
➡️Commodities
➡️Indices
➡️Currency Indices
➡️Cryptocurrency
➡️Shares
➡️ETFs
Financial Instruments and Leverage offered by Pepperstone
| 🔍Instrument | 🔢 Number of Assets Offered | 📈Leverage Offered |
| ➡️Forex | 70 | 1:200 (retail) 1:500 (Pro) |
| ➡️Precious Metals | 11 | 1:200 |
| ➡️ETFs | 100 | 1:20 |
| ➡️Indices | 28 | 1:200 |
| ➡️Stocks | 1,000 | 1:10 |
| ➡️Cryptocurrency | 19 | 1:10 |
| ➡️Commodities | 17 | 1:200 |
Pros and Cons
| ✅Pros | ❌Cons |
| Singaporeans can trade local CFDs on indices and ETFs | Pepperstone caps leverage according to the trader’s country of the region and regulatory entity through which they register an account |
Are indices available for trading at Pepperstone?
Yes, traders can access 28 worldwide indexes with Pepperstone.
Are ETFs available for trading with Pepperstone?
Yes, traders can trade up to 100 ETFs using Pepperstone.
Pepperstone vs AvaTrade vs Exness – Broker Comparison
| 🔍Broker | 🥇Pepperstone | 🥈AvaTrade | 🥉Exness |
| ⌛Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 📊Trading Platform | TradingView MetaTrader 4 MetaTrader 5 cTrader Capitalise.ai | AvaTrade WebTrader AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal |
| 💳Withdrawal Fee | None | None | None |
| 🆓 Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
| 💴Min Deposit | 177 SGD | 134 SGD | 13 SGD |
| 📈Leverage | 1:500 (Pro) 1:200 (Retail) | 1:30 (Retail) 1:400 (Pro) | Unlimited |
| ✏️Spread | From 0.0 pips | Fixed, from 0.9 pips | Variable, from 0.0 pips |
| 💵Commissions | From AU$7 | None | From $0.1 per side, per lot |
| 🛑Margin Call/Stop-Out | 90%/20% | 25% – 50% (M) 10% (S/O) | 60%/0% |
| 🧑⚖️Order Execution | Market | Instant | Market |
| ❌No-Deposit Bonus | None | None | None |
| 💰Cent Accounts | None | None | ✅ Yes |
| 🗂️Account Types | Standard Account Razor Account | Retail Account Pro Account Islamic Account | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account |
| 🫴🏻 MAS Regulation | None | None | None |
| 💴SGD Deposits | ✅ Yes | ✅ Yes | ✅ Yes |
| 🗂️SGD Account | None | None | ✅ Yes |
| ⏰Customer Service Hours | 24/7 | 24/5 | 24/7 |
| ➡️Retail Investor Accounts | 2 | 1 | 5 |
| ☪️Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
| ⬇️Minimum Trade Size | 0.01 lots | 0.01 pips | 0.01 lots |
| ⬆️Maximum Trade Size | 100 lots | Unlimited | Unlimited |
| ⏱️Minimum Withdrawal Time | 1 business day | 24 to 48 Hours | 24 hours |
| 🕰️Maximum Estimated Withdrawal Time | Up to 7 business days | Up to 10 days | 3 days |
| ☑️Instant Deposits and Instant Withdrawals? | None | None | None |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
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Fees, Spreads and Commissions
Spreads
Singaporean traders using Pepperstone should expect dynamic spreads that change according to the account type, market circumstances, and financial products traded. For example, the Standard Account has spreads starting at 1 pip, but the Razor Account starts at 0.0 pips.
For currency pairings such as USD/SGD, traders can anticipate competitive spreads from 0.8 pips, which is critical for those trading in Singaporean markets or hedged against SGD swings.
Commissions
Commissions apply to Singaporean traders who use Pepperstone’s Razor accounts, notably when trading CFDs on forex.
Commissions are clear, with USD-based customers paying $3.50 for each lot. This fee structure is critical for Singaporeans dealing in USD/SGD pairings since it directly affects their trading expenses.
Overnight Fees
Positioned as swap rates, Pepperstone applies overnight fees for open positions. These charges vary according to the financial instrument and are determined using market closing prices and prevailing interest rates.
Traders in Singapore who hold USD/SGD or other pairings should take note of these rising costs when maintaining their trades overnight.
Deposit and Withdrawal Fees
Singaporean traders have an advantage with Pepperstone as most deposit and withdrawal methods are free of charge.
However, a fee of $20 is applicable for foreign bank transfers only. This exception holds significant value for traders in Singapore who engage in cross-border transactions or currencies that aren’t SGD-based.
Inactivity Fees
Pepperstone’s lack of inactivity fees is a beneficial feature for traders from Singapore. This approach offers specific advantages for individuals who do not trade regularly but still want their accounts active and free from extra expenses.
Currency Conversion Fees
Singaporean traders should know currency conversion costs when depositing or withdrawing money in a currency other than their account-based currency.
This is particularly important when dealing with USD/SGD transactions since any currency conversion may incur extra fees depending on current exchange rates, potentially impacting the overall profitability of the deals.
Pros and Cons
| ✅Pros | ❌Cons |
| Pepperstone charges competitive spreads on SGD currency pairs, with spreads from 0.8 pips on USD/SGD | Currency conversion fees could apply to SGD deposits and withdrawals |
| Traders can trade commission-free when they use the Standard Account | International bank transfers incur a fee of $20 |
What are the spreads for a Razor Account at Pepperstone?
Razor Account spreads at Pepperstone start at 0.0 pips.
Does Pepperstone charge inactivity fees?
No, Pepperstone does not collect inactivity fees.
Deposit and Withdrawal Options
Pepperstone offers Singaporean traders the following deposit and withdrawal methods:
➡️Visa
➡️Mastercard
➡️Bank transfer
➡️MPESA
➡️PayPal
➡️Bpay
➡️Neteller
➡️POLi
➡️Skrill
➡️China UnionPay
Deposit Currencies, Deposit and Withdrawal Processing Times
| 💳Payment Method | 💵Deposit Currencies | 📆Deposit Processing | 📆Withdrawal Processing |
| ➡️Visa | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
| ➡️Mastercard | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
| ➡️Bank transfer | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 7 days | 3 to 7 days |
| ➡️MPESA | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
| ➡️PayPal | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
| ➡️Bpay | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
| ➡️Neteller | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
| ➡️POLi | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 1 to 3 days | 1 to 3 days |
| ➡️Skrill | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
| ➡️China UnionPay | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
Pros and Cons
| ✅Pros | ❌Cons |
| Singaporeans can use flexible payment methods to deposit and withdraw in SGD | Traders cannot access instant withdrawals |
| Singaporeans can use several payment methods to deposit funds instantly | Pepperstone applies some fees to deposits and withdrawals made through bank transfer |
| Pepperstone safeguards all client funds and keeps them in segregated accounts | Currency conversions may apply due to Pepperstone’s lack of an SGD-denominated account |
Are PayPal deposits instant at Pepperstone?
Yes, PayPal deposits are usually handled promptly at Pepperstone.
What currencies can I use for deposits at Pepperstone?
Pepperstone allows deposits in a variety of currencies, including AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD.
How to make a Deposit with Pepperstone
To deposit funds to an account with Pepperstone, Singaporean traders can follow these steps:
✅To access your Pepperstone account, enter your credentials in the Secure Client Area on the Pepperstone website.
✅Once signed in, go to the ‘Funds’ area and pick the ‘Deposit Funds’ option to begin the procedure.
✅Choose the trading account into which you want to deposit money. If you have several accounts, be sure you choose the proper one.
✅Choose your desired deposit method from the available alternatives, including bank transfers, credit/debit cards, and online payment systems such as PayPal or Skrill.
✅When asked to pick a deposit currency, choose SGD (Singapore Dollar) to avoid currency translation costs and match your deposits with local currency transactions.
✅Enter the amount you want to deposit in SGD and any other information your selected method needs.
✅Before submitting your deposit request, double-check all the facts to confirm correctness.
✅To complete the purchase, you may be routed to the platform of your preferred payment method, particularly if you use an online payment system or card.
How long do Pepperstone Deposits take?
Pepperstone’s deposit timings vary depending on the method used. Deposits made using electronic payment methods like PayPal or credit/debit cards are often handled rapidly, enabling Singaporean traders to access their cash quickly.
However, bank transfers may take longer, ranging from 3 to 7 days, depending on the banks’ processing timeframes. Traders must consider these periods when organizing their trading activity.
How do I deposit funds into my Pepperstone account?
To deposit money, log in to the protected Client Area, click “Add money,” pick your trading account, a payment method, deposit amount, and currency, and finish the transaction.
How long do deposits take to process with Pepperstone?
Electronic payment provider deposits are usually immediate. However, bank transfers might take 3 to 7 days.
How to Withdraw from Pepperstone
To withdraw funds from an account with Pepperstone, Singaporean traders can follow these steps:
✅Using your credentials, begin by signing into your Pepperstone account via the Secure Client Area on the Pepperstone website.
✅To commence the withdrawal procedure, go to the dashboard’s ‘Funds’ section and pick the ‘Withdraw Funds’ option.
✅Select the trading account from which you would want to withdraw cash. If you have several accounts, be sure you choose the proper one.
✅Choose your desired withdrawal method from the list of choices, which includes bank transfers and electronic payment methods such as PayPal or Skrill.
✅When asked for your withdrawal currency, choose SGD (Singapore Dollar) to align the transaction with the local currency and avoid currency translation costs.
✅Enter the amount you want to withdraw in SGD, ensuring it does not exceed the available balance in your account.
✅Confirm the withdrawal details, make sure all information is correct, and then submit your withdrawal request.
✅Depending on the withdrawal type, you may need to perform extra verification procedures to meet the criteria of the chosen payment method.
How long do Pepperstone Withdrawals take?
Pepperstone normally handles withdrawal requests quickly. However, your withdrawal method determines the time it takes for the cash to appear in your account.
Electronic payments, such as PayPal or Skrill, are often speedier, with cash accessible within 3 to 5 business days. Bank transfers may take longer, up to 7 business days, depending on the processing timeframes of the participating institutions.
Therefore, Singaporean traders should consider these timescales while organizing their financial operations.
Are there any fees for withdrawing funds from Pepperstone?
Pepperstone does not impose withdrawal fees for most methods. However, there is a $20 cost for International Telegraphic Transfers.
Is there a minimum withdrawal amount with Pepperstone?
No, Pepperstone does not set a minimum withdrawal amount. However, you should check for any constraints unique to your preferred withdrawal method.
Educational Resources
Education
Pepperstone offers the following Educational Materials to Singaporean traders:
✅Learn to Trade CFDs
✅Learn to Trade Forex
✅Learn to Trade Shares
✅Learn about Liquidity
✅Trading Guides
✅Webinars
✅Educational Videos
Pepperstone also offers Singaporean traders the following additional Research and Trading Tools:
✅Market Analysis
✅Smart Trader Tools for MetaTrader
✅cTrader Automate
✅AutoChartist
✅API Trading
✅Economic Calendar
✅Meet the Pepperstone analysts
Pros and Cons
| ✅Pros | ❌Cons |
| Pepperstone offers a vast number of educational materials and resources to beginners in Singapore, including videos, guides, and webinars | The Pepperstone demo account is not unlimited |
| Pepperstone caters to advanced traders by offering a list of trading tools and resources on the official website | Pepperstone has comprehensive educational materials but offers fewer than other brokers |
Can I access Pepperstone's educational materials without having an account?
Yes, some educational materials will be available without an account, but full access is normally required.
What is AutoChartist, and how is it beneficial for Pepperstone traders?
AutoChartist is a technology that automatically detects trading opportunities based on chart patterns, which helps traders make educated choices.
Bonuses and Promotions
Pepperstone offers Singaporean traders the following bonuses and promotions:
➡️Active Trader Program
➡️Referral Bonus
Pepperstone’s “Active Trader Program” is highly attractive because it is tailored to high-volume traders. The program awards forex cash rebates based on the trader’s monthly trading volume, lowering their commission expenses significantly.
The rebate amount depends on how many standard lots are traded monthly; more extensive volumes result in higher refunds.
This program is exceptionally useful for active Singaporean traders who engage frequently or with large sums since they gain instant monetary benefits from their trades.
Pepperstone focuses more on value-added programs that foster community development and benefit those engaged in frequent trade than direct deposit incentives alone.
In addition, Pepperstone’s “Refer a Friend” program is a big selling point. This campaign pays current customers who refer new traders to Pepperstone.
To qualify for the $100 incentive, the referral must complete certain requirements, such as depositing more than $1,000 and trading at least 5 forex lots.
The method is simple: customers may refer a friend via the ‘Rewards’ page in their protected client area, or the friend can provide the referrer’s email address during account formation.
What are the requirements for the referral to qualify for Pepperstone's "Refer a Friend" program?
The referral must deposit over $1,000 and trade at least 5 currency lots.
Can I earn rewards for trading volume at Pepperstone?
Yes, Pepperstone’s “Active Trader Program” allows you to receive forex currency rebates depending on your trading volume.
Affiliate Programs
Pepperstone’s affiliate program allows Singaporeans to earn stable multi-tiered commissions while promoting an award-winning fintech success story.
The program caters to many participants, including web marketers, bloggers, SEO professionals, EA and indicator developers, lead generation specialists, and affiliate networks.
Affiliates receive a complete set of tools to market Pepperstone and maximize profits. A skilled team of affiliate marketing conversion experts provides priority assistance.
Payment processing is quick and simple, and advanced real-time monitoring technology ensures optimal marketing programs deliver maximum returns.
Affiliates collaborate with Pepperstone, a globally recognized regulated brand that connects traders to the world’s financial markets. Becoming an affiliate is simple, with Pepperstone examining applications within 2-5 business days.
Once accepted, affiliates receive unique tracking links to send customers to Pepperstone, where they begin earning money. Monthly commissions are distributed for successful referrals.
Pepperstone Partners, a successful referral program, provides affiliates with free trading education, resources, marketing tools, assistance from a dedicated Regional Account Manager, and customizable analytics and monitoring tools.
How much can I earn per client as a Pepperstone affiliate?
Affiliates may earn up to $1,300 per customer in CPA fees.
Can I refer clients globally as a Pepperstone affiliate?
Yes, you may refer customers from numerous locations, subject to Pepperstone’s operational nations.
How to Register an Affiliate Account Step-by-Step
To register an Affiliate Account, Singaporean traders can follow these steps:
Step 1: Go to the official website and locate the “Partners” Icon in the top left corner
Step 2: Click on “Our Programs”
Step 3: Click “Learn More” then “Sign Up Now.”
Complete the relevant areas on the application form, submitting correct and current information.
Step 4: Wait for confirmation from Pepperstone
After completing the application form, submit it for evaluation. Pepperstone will review your application based on the information given.
If your application is accepted, Pepperstone will send you a confirmation, giving you full access to the affiliate toolkit.
- As an authorized affiliate, you can immediately start bringing customers to Pepperstone and earn rewards based on successful recommendations.
- Pepperstone’s affiliate dashboard allows you to monitor your referrals and revenue.
What steps are involved in applying for a Pepperstone Affiliate Account?
To begin applying, go to the official Pepperstone website and click “Find out more” under the affiliate program area.
What resources does Pepperstone provide to its affiliates?
Pepperstone supports its affiliates with various resources and solutions, such as real-time reporting and several CPA levels.
Customer Support
| 👥Customer Support | 🫴🏻 Pepperstone Customer Support |
| ⏰Operating Hours | 24/7 |
| ➡️Support Languages | Multilingual |
| 🗣️Live Chat | ✅ Yes |
| 💻Email Address | ✅ Yes |
| ☎️Telephonic Support | ✅ Yes |
| 5️⃣The overall quality of Pepperstone Support | 5/5 |
Response Time
| 🫴🏻 Support Channel | ⏱️Average Response Time | ⏰User-based Response Time |
| ☎️Phone | 5 minutes | 2 – 5 minutes |
| 1 working day | Same-day | |
| 🗣️Live Chat | 5 minutes | 2 – 5 minutes |
| 📱Social Media | 5 minutes | 5 minutes |
| 🤝Affiliate | 1 – 3 working days | Same-day |
Quality of Customer Service
In our view, Pepperstone’s client service has been a noteworthy feature of our trading career. The support crew is very skilled, responsive, and readily accessible, responding to any new inquiries or issues quickly and efficiently.
While there is no local phone support in Singapore, the effectiveness of internet communication options like email and live chat more than makes up for it.
The customer support team constantly demonstrates a thorough grasp of the platform and trading in general, offering solutions and advice that are practical and suited to Singaporean traders’ unique requirements.
This degree of assistance is crucial, particularly when managing the complexities of global financial markets from a Singaporean standpoint.
Pros and Cons
| ✅Pros | ❌Cons |
| Singaporeans can expect multilingual customer support from Pepperstone | Pepperstone does not offer localized customer support in Singapore |
Can I contact Pepperstone customer support via email?
Yes, you may contact Pepperstone’s customer service staff via their email.
Can I get technical support for trading platforms at Pepperstone?
Yes, Pepperstone’s customer service offers technical help for its trading platforms.
Social Responsibility
Pepperstone’s partnership with social trading platforms, coupled with the expertise of seasoned traders, offers traders in Singapore a wide range of opportunities to enhance their trading strategies.
This integration is facilitated through user-friendly platforms such as MetaTrader Signals and Signal Start, which enable users to replicate the actions of select signal providers.
This tool is advantageous for novice and adaptable traders, allowing them to gain insights from experienced traders.
The cross-platform compatibility of these systems adds an extra layer of convenience for Singaporean traders, as they can copy trades on various devices. Furthermore, these platforms provide comprehensive analytics, delivering valuable insights that significantly improve decision-making abilities.
The constant communication facilitated by Pepperstone’s social-trading products further enhances productivity.
These products cater to the diverse segments of Singapore’s dynamic trading community, emphasizing transparency and trade control through tools like MetaTrader signals. This ensures traders have the necessary resources to make informed and profitable decisions.
Corporate Social Responsibility
Pepperstone’s commitment to corporate social responsibility (CSR) is vividly shown in its ambitious goal of being carbon-neutral by the end of 2023.
This steadfast vow demonstrates the company’s concern for environmental sustainability and ethical business practices. Setting such a target demonstrates Pepperstone’s proactive efforts to reduce its carbon impact and promote sustainability.
Pepperstone has not yet published its newest CSR initiatives or projects for 2024.
How do I start social trading with Pepperstone?
Integrate your Pepperstone account with your preferred social trading platform and choose a trader to emulate.
How does Pepperstone ensure the quality of traders on their social trading platforms?
Pepperstone provides traders access to reliable platforms, each with its own screening procedure.
User Comments and Reviews
🥇“I love Pepperstone’s narrow spreads on main pairs, which increase my trading margins. However, I was unhappy that they do not provide SGD as a base currency, subjecting me to conversion expenses.” – Lucas Chen (January 2024)
🥈“Pepperstone’s customer service is excellent; they provide bilingual help, which is beneficial. However, their interface might be more user-friendly – I’ve seen some issues navigating between instruments on cTrader.” – Ethan Tan (January 2024)
🥉“Pepperstone’s instructional offerings were a game changer for me as a beginning. Their seminars and courses are excellent. However, I wish they had more specialized information for Singaporean markets.” – Grace Sim (December 2023)
In Conclusion
Our comprehensive review of Pepperstone, focusing on Singaporean traders, discovered a broker with remarkable benefits but numerous major restrictions.
However, Pepperstone’s limitations must be recognized. Notably, the absence of regulation by the Monetary Authority of Singapore (MAS) may cause anxiety among certain traders. Another disadvantage is the lack of a Singapore Dollar (SGD) account option, which may cause difficulties for local traders.
Our Insight
In my opinion, Pepperstone is a good option for Indonesian traders. Pepperstone provides a safe and diversified trading experience, but it is important to acknowledge its limits.
Our Recommendations
✅Making Islamic accounts accessible in Singapore would cater to traders who seek swap-free choices that align with their religious views, broadening Pepperstone’s appeal.
✅Providing customer service in local languages and accepting local payment methods will greatly improve accessibility and convenience for Singaporean traders.
✅Introducing Singapore Dollar (SGD) denominated trading accounts would provide local traders with a familiar and easy currency alternative, removing the need for currency conversion.
✅Adding a Cent Account option would benefit new traders by enabling them to begin with lower money and progressively grow their market exposure.
✅Extending the lifetime of the demo account would allow traders, particularly novices, to practice and perfect their methods over a longer period, resulting in more prepared traders.
✅Developing a bespoke trading platform with unique features geared to Singaporean traders’ particular requirements and preferences might help Pepperstone stand out.
✅Seeking regulatory certification from the Monetary Authority of Singapore (MAS) will boost trust among Singaporean traders and ensure compliance with local regulatory norms.
✅Adding phone help for Singaporean traders will increase accessibility and give them an extra outlet for quickly responding to requests or problems.
✅Improving instructional materials with regionally relevant information will aid beginner traders by offering excellent tools for improving their trading abilities and expertise.
✅Offering a broader selection of account types to accommodate traders with varied skill levels, from beginners to professionals, will allow traders to choose accounts appropriate for their expertise, boosting the customization of their trading experiences.
Pros & Cons
| ✅Pros | ❌Cons |
| Pepperstone is one of the largest CFD and Forex brokers in the industry | Pepperstone does not offer proprietary trading software |
| Singaporeans can deposit and withdraw in SGD | Pepperstone is not regulated in Singapore by MAS |
| Pepperstone provides robust and innovative trading platforms across devices | There are limited retail account options offered |
| There are two flexible account types offered, catering to the varying needs and objectives of Singaporeans | Localized support is not available in Singapore |
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Frequently Asked Questions
How can I open a Pepperstone account in Singapore?
You can register a Pepperstone account online by completing the application form on the website.
Does Pepperstone offer Islamic accounts in Singapore?
No, Pepperstone does not offer Islamic Accounts to Singaporeans.
Does Pepperstone have Nasdaq 100?
Yes, Pepperstone offers Singaporeans the Nasdaq as a CFD on Indices. Traders may also obtain share CFDs based on this popular index.
Can I trade cryptocurrencies with Pepperstone in Singapore?
Yes, Pepperstone allows you to trade Bitcoin, Ethereum, and other cryptocurrencies as CFDs in Singapore.
What spreads and commissions does Pepperstone charge in Singapore?
Pepperstone provides cheap spreads and fees, with forex beginning at 0.8 pips in USD/SGD. Commissions on shares may apply.
Is Pepperstone Safe or a Scam?
Despite the absence of MAS oversight, Pepperstone is a safe and reputable FX and CFD broker for Singaporeans.
Does Pepperstone offer guaranteed stop-loss orders?
No, Pepperstone does not provide guaranteed stop-loss orders. Furthermore, negative balance protection is only offered for UK/EU consumers.
Is Pepperstone regulated?
Yes, Pepperstone is properly regulated in Australia, the Bahamas, the United Kingdom, Cyprus, Kenya, Dubai, and Germany. The Monetary Authority of Singapore does not regulate Pepperstone.
What are the minimum deposit requirements for Pepperstone in Singapore?
The minimum deposit for Pepperstone accounts in Singapore varies based on the account type and funding method. Generally, it begins at SGD 177.
How long does it take to withdraw from Pepperstone?
Withdrawals may take several days, depending on the technique employed.
What trading platforms does Pepperstone offer in Singapore?
Pepperstone provides the MetaTrader 4, MetaTrader 5, Capitalise.ai, TradingView, and cTrader platforms in Singapore.
Does Pepperstone have VIX 75?
Yes, Pepperstone provides Volatility 75 as a CFD on indices to Singaporeans and numerous other local CFDs on indices.
Is my money safe with Pepperstone?
Yes, Pepperstone is a trusted broker with regulatory status in Tier 1 countries such as the United Kingdom, the European Union, and Australia. It handles over $12.55 billion daily trading volume and is trusted by over 400,000 individual traders worldwide.
Does any regulatory body in Singapore oversee forex trading?
Yes, Forex trading in Singapore is supervised by the Monetary Authority of Singapore (MAS).
