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Home » Forex Broker Reviews » Pepperstone Review » Pepperstone Leverage

Pepperstone Leverage

Pepperstone offers a leverage ratio of 30:1 for major forex currency pairs. Find out the leverage options Pepperstone offer for 150+ other financial products. These CFD products include cryptocurrencies like Bitcoin, indices, and metals like gold.

Written by
Justin Grossbard
Written by

Justin Grossbard

Author

With over 20 years investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in 2014. He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally. He has an Honours in Commerce and Masters degree from Monash University. He also owns Innovate Online offering digital marketing services with over 20 employees.

Updated: 02/02/2022

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Pepperstone Leverage

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Table of Contents

  1. Introduction to Pepperstone Leverage
  2. Forex Leverage
  3. Indices Leverage
  4. Share Trading Leverage
  5. Commodities Leverage
  6. Cryptocurrencies  Leverage
  7. Summary

Pepperstone Leverage Levels By Instrument

Pepperstone maximum leverage varies by instrument traded and is one of the highest levels available, as you can view from the broker leverage comparison page. Leverage can be adjusted based on your trading needs directly from the secure client area.

Below shows the leverage available to traders signed up to the broker’s Australian entity regulated by ASIC. CySEC in Europe enforces the same leverage cap, as does the FCA in the UK. Yet, the FCA recently banned cryptocurrency trading entirely, unless you classify as a professional trader.

Instrument Traded Retail Client Leverage Professional Client Leverage
Forex 30:1 500:1
Index CFDs 20:1 200:1
Gold 20:1 500:1
Commodities 10:1 50:1
Crypto 2:1 20:1

View the Pepperstone leverage levels by each market below apply for the Standard and Razor account.


Our Rating

The overall rating is based on review by our experts

8.83
Spreads
10 / 10
Leverage
10 / 10
Trading Platform
10 / 10
Risk Management
7 / 10
Range of Markets
6 / 10
Customer Service
10 / 10

Forex Trading Leverage

The most popular markets traded with Pepperstone is forex related. There are over 60 currency pairs to choose from and $0 deposit options available. The two Pepperstone accounts are shown below and both offer up to 30:1 retail leverage and 500:1 professional leverage on currency trading. This can be set to a lower level when joining to suit a traders risk profile and forex trading experience.

The average spread on the most popular currency pairs is 0.09 pips on EUR/USD respectively 0.17 pips on AUD/USD. This brokerage trading firm uses a global network of liquidity providers and “external pricing sources” to give its clients the lowest spreads in the FX industry.

pepperstone account types combined

Index Trading Leverage

When trading indices, the leverage limit depends on the type of stock market index:

  • Major indices: 20:1 for retail traders, 200:1 for professional traders
  • Minor indices: 10:1 for retail traders, 100:1 for professional traders

Index CFDs

Fourteen Index CFDs can be traded as shown below. With 20:1 leverage, retail traders can choose indices and choose a long or short position. Only spreads exist for index CFDs with no commissions present.

Pepperstone Index CFDs

Currency Index CFDs

A currency index compares changes of one currency basket against another one. The USDX is the most popular currency index CFD traded with up to 5:1 leverage available to retail traders and 100:1 for professional traders. This basked is weighted against other popular currencies from the Yen to the Euro.

CFD Share Trading Leverage

Share CFDs are available to Pepperstone customers who choose MetaTrader 5. Using MT5, selected shares can be traded as a CFD with 5:1 leverage (retail) or 20:1 (professional). These CFDs can be traded across extended US equities hours. This can help minimise the need to hold positions overnight. Over 60 shares are available from IBM, Alphabet to Facebook.

Please take note that share CFD trading is only available with a MetaTrader 5 (MT5) trading account. The MetaTrader 4 platform and cTrader trading platform don’t support share CFDs.

Share CFDs Share CFDs Share CFDs
Accenture PLC (ACN.N) DowDuPont Inc (DWDP.N) PepsiCo Inc (PEP.O)
Adobe Systems Inc (ADBE.O) Exxon Mobil Corp (XOM.N) Pfizer Inc (PFE.N)
Alibaba Group (BABA.N) Facebook Inc (FB.O) Philip Morris (PM.N)
Alphabet Inc A (GOOGL.O) General Electric Co (GE.N) Procter & Gamble Co (PG.N)
Alphabet Inc C (GOOG.O) Goldman Sachs Group (GS.N) SPDR S&P500 ETF Trust (SPY.P)
Altria Group Inc (MO.N) Honeywell (HON.N) Tesla Inc (TSLA.O)
Amazon.com Inc (AMZN.O) IBM Corporation (IBM.N) Texas Instruments Inc (TXN.O)
Amgen Inc (AMGN.O) Intel Corporation (INTC.O) The Boeing Company (BA.N)
Apple Inc (AAPL.O) Invesco QQQ Trust (QQQ.O) The Coca-Cola Company (KO.N)
AT&T Inc (T.N) Johnson & Johnson (JNJ.N) The Home Depot Inc (HD.N)
Baidu Inc (BIDU.O) JPMorgan Chase & Co (JPM.N) The Walt Disney Co (DIS.N)
Bank of America Corp (BAC.N) Mastercard Inc (MA.N) Twitter Inc (TWTR.N)
Booking Holdings Inc (BKNG.O) McDonalds Corporation (MCD.N) Uber Technologies (UBER.N)
Bristol-Myers Squibb (BMY.N) Medtronic PLC (MDT.N) Union Pacific Corp (UNP.N)
Broadcom Inc (AVGO.O) Merck & Co Inc (MRK.N) United Technologies (UTX.N)
Caterpillar Inc (CAT.N) Microsoft Corp (MSFT.O) UnitedHealth Group (UNH.N)
Chevron Corporation (CVX.N) Netflix Inc (NFLX.O) Verizon Communications (VZ.N)
Cisco Systems Inc (CSCO.O) NIKE Inc (NKE.N) Visa Inc (V.N)
Citigroup Inc (C.N) NVIDIA Corporation (NVDA.O) Walmart Inc (WMT.N)
Comcast Corporation (CMCSA.O) Oracle Corporation (ORCL.N) Wells Fargo & Company (WFC.N)

Commodity CFD Trading Leverage

There are three types of commodity CFDs with an applicable leverage level.

1) Gold

The most popular precious metal being Gold can be traded with Pepperstone through CFDs with leverage of:

  • Retail traders: 20:1
  • Professional traders: 500:1

Leverage can be used with short/long positions against the most popular currencies including the USD, Euro and the Australian dollar.

2) Oil

Energy in the form of oil can be traded with 100:1 leverage as a CFD if you are a professional trader, and 10:1 as a retail trader.

3) Other Commodities

Other commodities such as softs (physical assets from sugar, orange juice to coffee) and other precious metals offer leverage of 10:1 for retail traders and 50:1 for professionals.

Risk Warning: CFDs are complex instruments due to the inherent risk associated with leveraged trading and volatility.

Cryptocurrencies CFD Trading Leverage

Crypto is the most volatile asset Pepperstone offers. The higher risks involved in these movements is why Pepperstone leverage is 2:1 when you are classified as a retail investor account (the lowest of any asset class). Even with this lower leverage, your capital is at risk and cryptocurrency CFD trading is recommended for advanced traders. The cryptocurrencies available are Bitcoin, Bitcoin Cash, Dash, Litecoin and Ethereum.

If you are a professional trader, you are offered higher leverage when crypto trading, up to 20:1.

Cryptocurrencies

Summary Of Pepperstone Leverage

The Australian Securities and Investments Commission (ASIC) which regulates the financial sector in Australia has set a maximum leverage cap of 30:1 for forex trading. Readers must be aware that from 29 Dec 2021, new guidelines were enforced in regards to the maximum leverage limits.

The maximum leverage has been reduced to 30:1, which falls in line with other top-tier regulators. Similar regulatory changes took place in the United Kingdom in 2018, when the Financial Conduct Authority (FCA) capped the maximum leverage to 30:1. The new ASIC changes will ensure that all retail investor accounts will be safeguarded with Negative Balance Protection (NBP). By comparison, in the DFSA (Dubai) jurisdiction, the maximum leverage is capped at 50:1.

You can read more about the reduced maximum leverage limits here 2021 ASIC Forex Trading (CFD) ASIC Changes.

Instrument Traded Pepperstone Leverage IC Markets Leverage IG Markets Leverage CMC Markets Leverage EasyMarkets Leverage Plus500 Leverage
Forex (Major/Minors) 30:1/20:1 30:1/20:1 30:1/20:1 30:1/20:1 30:1/20:1 30:1/20:1
Major Index CFDs/Minor Index CFDs 20:1/10:1 20:1/10:1 20:1/10:1 20:1/10:1 20:1/10:1 20:1/10:1
Share CFDs 5:1 5:1 5:1 5:1 ✘ 5:1
Commodities/Gold 10:1/20:1 10:1/20:1 10:1/20:1
10:1/20:1 10:1/20:1 10:1/20:1
Cyptocurrency 2:1 2:1 2:1 2:1 2:1 2:1
Bonds ✘ 5:1 ✘ ✘ ✘ ✘
Futures ✘ 5:1 ✘ ✘ ✘ ✘
ETF ✘ ✘ 5:1 ✘ ✘ 5:1
Treasuries ✘ ✘ ✘ 5:1 ✘ ✘

Pepperstone in 2022 is considered the best forex broker for advanced traders compared to brokers like FXCM and OANDA. To open an account on the Pepperstone website or to open a demo account, click on the button below. If you would like to see the full Pepperstone review then click the button below.

Deposit and Withdrawal Methods

Pepperstone Limited allow its clients to deposit and withdraw funds via 8 different payment methods including credit card, bank transfer, PayPal, Neteller, Skrill, etc. The minimum deposit at Pepperstone is AUD $200 for both account types – Standard account and Razor account. There is a diverse selection of 10 different account base currencies (AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD) meeting the needs of a worldwide geographical client base.

The key features of this CFD broker are the low spreads starting from 0.0 pips, exceptional trade execution of 30ms, award-winning customer support, a powerful range of trading platforms that include full trading functionality even on the mobile app (Android and iOS), third-party tools Autochartist, social trading features and premium educational resources (webinars, trading guides, blogs, etc).

Before determining which level of leverage is appropriate for your trading purposes it’s integral that you seek independent advice and understand what your objectives and financial circumstances are. Trading decisions should not be based on generalised reviews.

Regulation

Pepperstone is a very user-friendly ASIC regulated broker that is based out of Melbourne Australia. Despite that being their main office, Pepperstone is one of the most worldwide regulated brokers with offices on 5 continents. This means they are very well connected to regulation agencies across the globe, some of these include:

  • SIC (Australia Securities and Investments Commission) – Australia
  • CySEC (Cyprus Securities and Exchange Commission) – Cyprus
  • DFSA (Dubai Financial Services Authority) – Dubai
  • SCB (Securities Commission of the Bahamas) – Bahamas
  • BaFIN (Federal Financial Supervisory Authority) – Germany
  • CMA (Capital Markets Authority) – Kenya
Open a demo account >>Visit Pepperstone >>

Are You In Europe And The UK?

Leverage offered by Pepperstone is limited in regions like the UK. Their subsidiary Pepperstone limited meets FCA requirements for retail brokers which can be viewed on the UK Pepperstone leverage page.

Disclaimer: Pepperstone is a broker that allows trading CFDs, which is a high-risk activity. This is only amplified when a high volume of leverage is added into the equation, so we urge you to make smart choices and check your broker’s maximum leverage before trading.

If you are going to utilise Pepperstone’s copy trading tools and features then make sure to do your own market analysis on the select trading strategies to ensure you are confident.

About the author: Justin Grossbard

With over 20 years investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in 2014. He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally. He has an Honours in Commerce and Masters degree from Monash University. He also owns Innovate Online offering digital marketing services with over 20 employees.

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