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Pepperstone fees

Cost is where brokers in the same regulatory bracket actually differ. The full fee record for Pepperstone, from the database.

Facts last checked . Read the full Pepperstone review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
0.1 pips Razor / 1.1 pips Standard
GBP/USD spread
0.2 pips Razor / 1.2 pips Standard
Commission
$3.50 per side / $7 round turn on MT4/MT5 Razor
All-in cost, EUR/USD
Approx. 0.8 pips Razor
Spread type
Variable
Overnight swap
Both: overnight funding may be charged or credited
Withdrawal fee
None internally
Currency conversion
Applicable where conversion is required

What this means

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Pepperstone lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Pepperstone fees

What is the EUR/USD spread at Pepperstone?

Pepperstone records an average EUR/USD spread of 0.1 pips Razor / 1.1 pips Standard on a variable pricing model.

Does Pepperstone charge commission?

Pepperstone's commission is $3.50 per side / $7 round turn on MT4/MT5 Razor. A commission account usually pairs with a tighter spread, so the two have to be read together.

Does Pepperstone charge to deposit or withdraw?

Withdrawal fees: None internally.

Fees at brokers under the same regulator

More about Pepperstone