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Pepperstone fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: ASIC (AFSL 414530); FCA (FRN 684312); CySEC (388/20); DFSA (F004356); BaFin; CMA Kenya; SCB Bahamas. How Pepperstone is regulated

Facts last checked . Read the full Pepperstone review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
0.1 pips Razor / 1.1 pips Standard
GBP/USD spread
0.2 pips Razor / 1.2 pips Standard
Commission
$3.50 per side / $7 round turn on MT4/MT5 Razor
All-in cost, EUR/USD
Approx. 0.8 pips Razor
Spread type
Variable
Overnight swap
Both: overnight funding may be charged or credited
Withdrawal fee
None internally
Currency conversion
Applicable where conversion is required

What this means

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Pepperstone lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Pepperstone fees

Does Pepperstone charge to deposit or withdraw?

Withdrawal fees: None internally.

What does Pepperstone charge to hold a position overnight?

Overnight financing at Pepperstone is recorded as both: overnight funding may be charged or credited.

What is the EUR/USD spread at Pepperstone?

Pepperstone records an average EUR/USD spread of 0.1 pips Razor / 1.1 pips Standard on a variable pricing model.

Fees at brokers under the same regulator

More about Pepperstone