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.
| 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 | 500:1 |
| Equities | 5:1 | 20:1 |
| Cryptocurrencies | 2:1 | 5:1 |
View the Pepperstone leverage levels by each market below.
Forex Trading Leverage
The most popular markets traded with Pepperstone is forex related. There are over 60 currency pairs to choose on and $0 deposit options available. The two Pepperstone accounts are shown below and both offer up to 500:1 leverage on currency trading. This can be set to a lower level when joining to suit a traders risk profile and forex trading experience.
Index Trading Leverage
There are two types of Index instruments that have two different leverage levels.
| Instrument | Retail Client Leverage | Professional Client Leverage |
|---|---|---|
| Index CFDs | 20:1 | 200:1 |
| Currency index CFDs | 5:1 | 100:1 |
Index CFDs
Fourteen Index CFDs can be traded as shown below. With 500:1 leverage, traders can choose indices and choose a long or short position. Only spreads exist for index CFDs with no commissions present.
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 100:1 leverage available. This basked is weighted against other popular currencies from the Yen to the Euro.
Commodity CFD Trading Leverage
There are three types of commodity CFDs with an applicable leverage level.
1) Precious Metals
The most popular precious metals can be traded with Pepperstone through CFDs. These include:
- Gold
- Silver
- Platinum
- Palladium
Up to 500:1 leverage can be made on short/long positions against the most popular currencies including the USD, Euro and the Australian dollar.
2) Energy
Like precious metals, energy in the form of oil and gas can be traded with 500:1 leverage as a CFD.
3) Soft Commodities
Focuses on physical assets from sugar, orange juice to coffee, soft commodities are impacted by supply and demand. The larger movements in this asset class have led to lower leverage of 50:1 for this asset class.
Cryptocurrencies CFD Trading Leverage
Crypto is the most volatile asset Pepperstone offers. The higher risks involved in these movements is why Pepperstone leverage is 5:1 (the lowest of any asset class). An example of a high leverage forex broker is Plus500 with 20:1. Even as 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.
Pepperstone Leverage FAQs
Why Is Leverage Needed?
Most instruments Pepperstone offers have relatively low volatility. For example, forex markets move by less than 1% on most days. Leverage allows you to trade a multiple of your deposit amplifying these small movements into meaningful profit or losses for traders.
Can Pepperstone Leverage Be Adjusted?
The leverage stated on this Pepperstone leverage page is the maximum amount and traders can change the maximum leverage available after opening an account. This can be done in the secure client area by clicking on the ‘change leverage’ option as shown below.
What Risk Management Leverage Pepperstone Features Exist?
Pepperstone offers stop-loss orders which will exit a trader one a profit or loss feature is risked. This is not guaranteed in turbulent markets which is why Pepperstone also offers a built-in stop-out system. This automatic system exits a trader when they approach a zero balance position. Like stop-loss orders through a negative balance is not guaranteed.
Summary Of Pepperstone Leverage
Pepperstone leverage is generous compared to other Australian Forex Brokers ranging from 5:1 to 500:1.
| Instrument Traded | Pepperstone Leverage | IC Markets Leverage | IG Markets Leverage | CMC Markets Leverage | EasyMarkets Leverage | Plus500 Leverage |
|---|---|---|---|---|---|---|
| Forex | 500:1 | 500:1 | 200:1 | 500:1 | 200:1 | 300:1 |
| Index CFDs | 200:1 | 200:1 | 200:1 | 500:1 | 100:1 | 300:1 |
| Share CFDs | 20:1 | 20:1 | 20:1 | 20:1 | ✘ | 20:1 |
| Commodities | 500:1 | 500:1 | 25:1 to 200:1 | 150:1 | 100:1 to 200:1 | 150:1 |
| Cyptocurrency | 5:1 | 5:1 | 10:1 | 20:1 | 50:1 | 20:1 |
| Bonds | ✘ | 200:1 | ✘ | ✘ | ✘ | ✘ |
| Futures | ✘ | 200:1 | ✘ | ✘ | ✘ | ✘ |
| ETF | ✘ | ✘ | 20:1 | ✘ | ✘ | 100:1 |
| Treasuries | ✘ | ✘ | ✘ | 400:1 | ✘ | ✘ |
Many other brokers only offer up to 50:1 which will limit the flexibility of trading strategies. This is one of the many reasons Pepperstone in 2020 was considered the best forex broker for advanced traders compared to brokers like FXCM and OANDA. To open a Pepperstone account or open a demo account click on the button below.
Before determining which level of leverage is appropriate for your trading purposes its integral that you seek independent advice and understand what your objectives and financial circumstances are. Trading decisions should not be based on generalised reviews.
Are You In Europe And The UK?
Leverage offered by Pepperstone is limited in regions like the UK. Their subsidiary Pepperestone limited meets FCA requirements for retail brokers which can be viewed on the UK Pepperstone leverage page.
