Pepperstone provides TradingView charting integrated with the cTrader platform. Traders can also integrate their Razr trading account to trade directly from the TradingView charts. Furthermore, the TradingView pack includes pre-built customisable indicators and access to the largest social trading network in the world.
On top of the TradingView integration, Pepperstone clients also enjoy a plethora of other premium trading tools such as: Autochartist, Smart Trader Tools, API trading, VPS trading.
Depending on spreads, commissions, and market accessibility, Pepperstone offers two types of trading accounts, Standard and Razor. As a part of our Pepperstone broker review, we’ve covered a brief discussion on each account type so that you can find a better match.
Pepperstone has designed its standard account to meet the key requirements of novice traders. With a standard account, you’ll enjoy an average spread of 0.6 pips and zero commissions on trading. The trading costs are usually charged within the spreads. Beginners consider it as a simpler solution for finding an ideal balance between features and costs. The standard account is a better choice for those who want to test their strategies in real markets or plan to grow a smaller account at a steady pace.
The Razor account offers institutional-grade spreads with no markups. The average EURUSD spread of this account ranges from 0.0 – 0.3 pips. Spreads for other major pairs such as GBPUSD, USDCAD, and USDJPY start from as low as 0.0 pips. Besides, professional clients with the Razor account enjoy up to 500:1 leverage. However, Razor users pay a $7 commission for each round of 100k traded. According to our review, the Razor account is the best choice for experienced scalpers and algorithmic traders.
Since spreads play a key role in choosing the best brokers, we’ve compared Pepperstone spreads to some of its competitors to ease your decision-making. Overall, Pepperstone provides some of the tightest spreads available on the market across some of the most important trading pairs.
The average EURUSD spreads in Pepperstone is 0.6 pips, the lowest compared to Vantage, XM, Forex.com, and Avatrade. The spread comparison chart below suggests the broker has been relatively steady in offering competitive pricing of EURUSD.
Pepperstone offers the best GBPUSD spread compared to its competitors. The average GBPUSD spread in Pepperstone is 0.88 pips. Whereas its closest competitor, Vantage, offers 1.5 pips on average.
Similarly to EURUSD and GBPUSD, Pepperstone also offers a competitive spread for Gold. The average spread of Gold in Pepperstone is 0.8 pips which rank # 1 compared to the fixed 1.1 spread on Gold by AvaTrade.
