PEPPERSTONE IN THE UAE: MULTI AWARDED FX BROKER [NOW REGULATED LOCALLY]

Does Pepperstone work in the UAE?

First, we receive many queries asking if Pepperstone (www.pepperstone.com) is available for UAE residents, and the answer is Yes, Pepperstone works for clients who live in the UAE. Moreover, as of March 2020, the DFSA (Dubai Financial Services Authority) has licensed Pepperstone's local subsidiary (Pepperstone Financial Services (DIFC) Limited) to provide Financial Services to residents.

Investing with Pepperstone: Tight Spreads offered by the #1 Broker from Australia

Pepperstone is a Trading Platform that specialises in Forex and CFD Trading. The company operating the platform was founded in 2010 in Melbourne, Australia. 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. This milestone was achieved by allowing clients to trade on financial instruments with very low spreads and commissions.

Pepperstone chose the UAE as its central hub in the Middle East. With an office in Dubai's Financial Centre and a local license, the Broker places the country in their Top Tier list in terms of importance. 

Is Pepperstone available in the UAE?

First things first: Yes, Pepperstone is a Trading Platform available to clients in the UAE. Moreover, as of March 2020, the DFSA (Dubai Financial Services Authority) has licensed Pepperstone's local subsidiary (Pepperstone Financial Services (DIFC) Limited) to provide Financial Services to residents. Pepperstone is the Broker offering FX Trading with the lowest spreads available, so it is safe to say that it's probably one of the Best CFD Brokers available in the country.

The Middle East is currently one of the fastest-growing regions in terms of the number of new traders. This is why Pepperstone focuses its efforts to acquire new clients residing in UAE by offering webinars, live market analysis and daily trading updates, among other useful tools.

Trading with Pepperstone: #1 FX Broker with a DFSA license

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 chose the UAE as its central hub in the Middle East. With an office in Dubai's Financial Centre and a local license, the Broker places the country in their Top Tier list in terms of importance. 

 

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.

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. Besides the fact that the DFSA regulates it, 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.