Pepperstone Review
Pepperstone is a globally regulated broker famous for its "Razor" account, offering institutional-grade raw spreads from 0.0 pips. In 2025, it stands out with 24-hour trading on US Share CFDs, allowing traders to react to earnings reports instantly. It integrates seamlessly with TradingView and cTrader.
Pros
- Razor spreads from 0.0 pips
- 24-Hour trading on US Share CFDs
- TradingView & cTrader integration
- Fast execution (<30ms latency)
Cons
- Commission applies on Razor accounts
- Demo accounts expire after 30 days (unless live account funded)
- Limited educational content for absolute beginners
24-Hour Share Trading
Razor Account & Platforms
FAQs about Pepperstone
What is the Razor account?
It is a raw spread account offering interbank pricing from 0.0 pips with a commission ($3.50 USD per lot per side). Ideal for scalpers and EAs.
Can I trade 24/5?
Yes, Pepperstone offers 24-hour trading on major US Share CFDs, Forex, and Indices, allowing you to trade earnings reports post-market.
Does it work with TradingView?
Yes, Pepperstone offers full integration with TradingView. You can connect your Razor account and trade directly from the TradingView charts.
Is there a minimum deposit?
There is no enforced minimum deposit, though Pepperstone recommends starting with at least $200 AUD (or equivalent) to manage margin.
Is scalping allowed?
Yes, scalping and automated trading (EAs) are fully permitted. The fast execution speeds make it ideal for these strategies.
Regulatory Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider.