Pepperstone Leverage

With over 150 instruments there are 5 sets of leverage available with Pepperstone offering up to 500:1 for currency (forex) and commodity trading, up to 200:1 for index CFDs, 20:1 for share CFDs and up to 5:1 leverage on cryptocurrency trading.

By Justin Grossbard / Updated: Tuesday, November 26th, 2019

Pepperstone Fees

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 TradedRetail Client LeverageProfessional Client Leverage
Index CFDs20:1200:1

View the Pepperstone leverage levels by each market below.

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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.

Pepperstone Forex Accounts

Index Trading Leverage

There are two types of Index instruments that have two different leverage levels.

InstrumentRetail Client LeverageProfessional Client Leverage
Index CFDs20:1200:1
Currency index CFDs5:1100:1

Index CFDs

There are fourteen Index CFDs that 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.

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 100:1 leverage available. This basked is weighted against other popular currencies from the Yen to the Euro.

Pepperstone Currency Index CFDs

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 20:1 leverage. 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.

Share CFDsShare CFDsShare 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) 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) 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.

Energy CFDs Leverage

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

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.

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.

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 TradedPepperstone LeverageIC Markets LeverageIG Markets LeverageCMC Markets LeverageEasyMarkets LeveragePlus500 Leverage
Index CFDs200:1200:1200:1500:1100:1300:1
Share CFDs20:120:120:120:120:1
Commodities500:1500:125:1 to 200:1
150:1100:1 to 200:1150:1

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 2019 was considered the best forex broker for advanced traders. To open a Pepperstone account or open a demo account click on the button below.

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.