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PEPPERSTONE: MULTI AWARDED FX BROKER FOR SOUTH AFRICAN TRADERS

Pepperstone is the Number 1 Broker for spreads with a lightning-fast execution. Open a Demo Account today and test this Award-Winning Trading Platform.

Is Pepperstone available in South Africa?


Yes, Pepperstone is an FX Trading Platform available to residents in South Africa. At the moment, the African continent is one of the fastest-growing regions in terms of the number of new traders. This is why Pepperstone is focusing its efforts to acquire new clients residing in South Africa by offering webinars, live market analysis, and daily trading updates along with other useful tools. For South African traders, Pepperstone offers three FX pairs including the Rand: EURZAR, USDZAR, and ZARJPY.



Trading with Pepperstone: #1 FX Broker from Australia


Pepperstone is a Trading Platform that is specialised in Forex and CFD Trading. The company that operates the platform was founded in 2010 in Melbourne, Australia, and as of 2020, the company has more than 57,000 accounts from clients based in more than 150 countries.

 

Pepperstone processes an average of USD 125.5 billion in Trading orders per day, which implies that it is one of the largest FX brokers globally.


And what do real users say about Pepperstone? We have analyzed what real-life traders have to say about Pepperstone by visiting the top-rated user-review websites in the industry. Our conclusion is that it is hard to find a poor opinion written by a user about Pepperstone. In particular, their customer service and the overall trading experience get the highest ratings, we have found a user that wrote: 


"After many years of getting messed around by terrible brokers and running into one problem after another, I finally decided to give Pepperstone a go as I had heard nothing but good feedback regarding them. I have not looked back since".


The title on his review was: "Glad I've found the One".



FX Pairs & CFDs offered by Pepperstone


Forex: +61 Currency Pairs, including Majors, minors, and exotics, including EURZAR, USDZAR, and ZARJPY.

Stocks: +60 CFDs on Stocks from the Top US Companies. As of 2020, Pepperstone added CFDs on Australian shares, including household names such as Qantas, Commonwealth Bank of Australia and CSL Limited.

Commodities: Pepperstone offers CFDs on 14 commodities, six on Metals, five on Agriculture and three from the Energy sector.

Indices: CFDs on +14 major stock exchanges indices.

Cryptocurrencies: CFDs on Bitcoin, Bitcoin Cash, Ethereum, Dash and Litecoin.



Is Pepperstone a trustworthy broker?


Many users are reluctant to transfer money to a company they do not of. How to know if Pepperstone (or any other broker) is legit? A simple way to check if a Broker is reliable is through the Public entities that regulate its operations. Suppose a broker is regulated by a government entity considered Top Tier worldwide. In that case, it is a good indicator to prove that it is safe to deposit funds and operate with the platform. Pepperstone Group is growing and they now hold financial services licences in Australia (ASIC), UK (FCA), Dubai (DFSA), the Bahamas (SCB), Cyprus (CySEC), Germany (BaFin) and Kenya (CMA). 

 

It would be best if you avoided a broker which offers a trading account "regulated" in a  non-core country since there's a high risk that they will not keep what they've promised you when they were opening your account. Both the British and Australian regulators are two of the stricter ones globally; in other words, it is fair to say that Pepperstone is indeed a reliable firm, given that they comply with substantial regulations.



Pepperstone's Trading Platforms


cTrader


FXPro developed Pepperstone's cTrader platform. cTrader is a powerful and easy-to-use platform, offering a wide range of advanced functions and trading tools for traders of all levels. Among the most prominent options, it provides the ability to trade CFDs on charts by merely clicking and placing the order. It provides many risk management tools and indicators to help the trader make better-informed decisions.


Metatrader 4


MT4 is one of the most widely used [and complete] platforms to trade Forex. MT4 connects different Brokers to get the best prices available.


Metatrader 5


MT5 is probably one of the most advanced platforms to trade in Forex and CFDs. Like MT4, it connects different Brokers to get the best available prices among many Brokers and investors. MT5 enables Pepperstone's clients to trade many CFD instruments from other asset classes, including currency pairs, commodities, stocks, indices, and cryptocurrencies, all available in one single platform with no strategy restrictions, minimal slippage and ultra-fast order execution.

Available through Pepperstone, MT4 enhances your trading with live quotes, real-time charts, in-depth news and analytics.

Available through Pepperstone, MT4 enhances your trading with live quotes, real-time charts, in-depth news and analytics.

Pepperstone Trading Accounts available in South Africa


Opening an FX trading account with Pepperstone from SA is a process that is carried out online and requires uploading your ID or Passport and a proof of address (electricity, water bills, etc.), through the platform.


Trading accounts are available in AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD as the base currency. It is essential to emphasise that you can open a Demo account, test the platform and then decide whether you would like to deposit funds. If you go ahead, Pepperstone allows deposits with Credit Cards like Visa or Mastercard, Bank Transfers or eWallets like Neteller or Skrill.


Pepperstone offers two account types:


Standard Account: This is the most basic type of account. Pepperstone applies commissions through the Spread, from 1 pip on the most liquid currency pairs and CFDs. With this account, a client has access to trade through the Metatrader platform only.

Razor Account: The Razor account is the most advanced one. It allows clients to access both the cTrader and Metatrader platforms, and spreads are lower than on the Standard one, 0 for the most liquid assets (with a meagre commission for opening positions).



What's Pepperstone's Minimum Deposit in SA?


Pepperstone's minimum deposit requires USD 200 only (Or the equivalent in Rand), and they do not charge commissions to deposit.



Does Pepperstone offer ZAR accounts?


No, Pepperstone does not offer accounts with Rand as the base currency. Trading accounts are available in AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD.



Bottomline


Pepperstone, an international, reliable, low-cost and robust trading platform, provides you with live access to FX markets, quickly and straightforwardly. Good luck and trade safely.

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