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Pepperstone regulation

Across a hundred brokers, the licence is what separates the field fastest. Here is Pepperstone's regulatory record in full.

Facts last checked . Read the full Pepperstone review.

Regulation and safety

Regulated by
ASIC (AFSL 414530); FCA (FRN 684312); CySEC (388/20); DFSA (F004356); BaFin; CMA Kenya; SCB Bahamas
Regulator tier
Tier 1
Register entry
ASIC Professional Registers, AFSL 414530
Client money segregated
Yes
Held at
Major regulated banks; entity-dependent
Negative balance protection
Yes for eligible retail clients; entity-dependent
Compensation scheme
FSCS for eligible UK clients; ICF for eligible Cyprus clients; jurisdiction-dependent elsewhere
Audited by
Independent external/statutory auditors
Not available to
United States and other jurisdictions where Pepperstone cannot legally provide services

Check the licence yourself: ASIC Connect, the FCA Register, the CySEC register of investment firms, the DFSA public register.

What this means

Across a hundred brokers, the licence is what separates the field fastest.

Pepperstone holds tier-one authorisations from ASIC, FCA, CySEC and BaFin. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (SCB). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Client money is held separately from the firm's own money, at Major regulated banks; entity-dependent. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by FSCS for eligible UK clients; ICF for eligible Cyprus clients; jurisdiction-dependent elsewhere, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about Pepperstone regulation

Who regulates Pepperstone?

Pepperstone is regulated by ASIC (AFSL 414530); FCA (FRN 684312); CySEC (388/20); DFSA (F004356); BaFin; CMA Kenya; SCB Bahamas.

Is client money segregated at Pepperstone?

Yes. Pepperstone holds client money separately from its own funds, at Major regulated banks; entity-dependent.

Does Pepperstone offer negative balance protection?

Yes. Pepperstone offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Regulation at brokers under the same regulator

More about Pepperstone