PEPPERSTONE: MULTI AWARDED FX BROKER FOR SRI LANKAN TRADERS
78.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Pepperstone is regulated by several top-tier, well-trusted regulatory bodies. This regulation makes Pepperstone a very safe broker choice.
Having won more than more than 30 awards since 2016, Traders and even industry leaders recognize the contribution of Pepperstone to the Investment Services Industry.
Pepperstone' spreads are among the lowest ones available in the market.
There are several countries where Pepperstone is unavailable.
Is Pepperstone available in Sri Lanka?
First things first: Yes, Pepperstone (www.pepperstone.com) is a Trading Platform available to clients with Sri Lankan residence. Moreover, being originally from Australia, the Broker has it's main focus on the Asia-Pacific region. If you add this to the fact that Pepperstone is the Broker offering Trading with the lowest spreads available, it is safe to say that it's probably one of the Best CFD Brokers available in the country.
Investing with Pepperstone: #1 FX Broker from Australia
Pepperstone is a Trading Platform that is specialized 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 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.
Being originally from Australia, Pepperstone focuses on the Asia Pacific region, holding events and seminars regularly. Also, their Market Analysis News section is strongly biased [Compared to other Brokers from Europe or the US] to Asian markets and to the Australian Dollar (AUD). For obvious reasons, a large quantity of traders in Sri Lanka focus their trading activity on these markets, reason why this Broker is particularly popular.
Is Pepperstone a trustworthy broker?
A simple way to check if a Broker is reliable, is through the Public entities that regulate it's operations. If a Broker is regulated by a government entity considered as Top Tier worldwide, it is a good indicator to prove that it is safe to deposit funds and operate with the platform. Pepperstone is regulated by both the UK's Financial Services Authority (FCA) and the Australian Financial Services Licensing (AFSL).
Both the British and Australian regulators are considered as two of the stricter ones globally, in other words, it is fair to say with certainty that Pepperstone is indeed a serious firm, given that they comply with very solid regulations.
Pepperstone's Trading Platforms
Pepperstone's cTrader platform was developed by FXPro. 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 offers the ability to trade CFDs on charts, simply by clicking and placing the order on the chart. It provides many risk management tools and indicators to help the trader make better informed decisions.
MT4 is one of the most widely used [and complete] platforms to trade Forex. MT4 connects different Brokers to get the best prices available. MT4 is a downloadable app that is available when operating with Pepperstone.
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 a large number of CFD instruments from different 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.
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.
Commodities: Pepperstone offers CFDs on a total of 14 commodities, 6 on Metals, 5 on Agriculture and 3 from the Energy sector.
Indices: CFDs on +14 major stock exchanges indices.
Cryptocurrencies: 5 available cryptocurrencies, Bitcoin, Bitcoin Cash, Ethereum, Dash and Litecoin.
Pepperstone Trading Accounts available in Sri Lanka
How to open an account with Pepperstone?
Opening a Pepperstone's Forex and CFD trading account from Sri Lanka is a process that is carried out online, takes only a few minutes and requires: (a) a Valid ID (E-NIC or Passport) and (b) a proof of address (electricity, water bills, etc.), which are scanned through the platform. Pepperstone does not charge commisions to deposit funds, and the minimum amount is USD 200.
Accounts are available in US Dollars, Euros, Swiss Francs or British Pounds, it is important to emphasize that opening a Demo account is free, that is, you can open a Demo account, test the platform and then decide whether you would like to deposit funds.
Pepperstone's Account Types
Pepperstone has 2 account types:
Standard Account: The most basic type of account. Commissions are applied through the Spread, from 1 pip on the most liquid currency pairs and CFDs. With this account, the client only has access to trade through the Metatrader platform.
Razor Account: The most advanced Pepperstone account. Allows clients to access both cTrader and Metatrader platforms, spreads are lower than on the Standard account, 0 for the most liquid assets (with a very low commission for the opening of positions).
Pepperstone's Deposits and Withdrawals
Pepperstone allows deposits with:
What's Pepperstone's Minimum Deposit?
Pepperstone's minimum deposit, that is, opening an account with Real Money requires USD 200 only.