Pepperstone is an international broker from Australia that’s widely known for its advanced technology basis which allows the platform to execute orders really fast. The broker also has somewhat attractive trading conditions, so it’s not surprising that many novice traders choose Pepperstone. If you’re one of those traders, we’re happy to help by providing you with a brief guide on how to open a new account.
What is Pepperstone
If you don’t know much about Pepperstone, all you should learn is this: the broker is relatively popular, especially in Australia and Europe. It’s considered secure and well-regulated since all of its operations are closely monitored by both FCA and ASIC. Your funds are stored in major banks, and the company undergoes an external audit every now and then. And if something goes wrong, just open a dispute.
When it comes to the trading part, Pepperstone is also a very promising choice. The broker offers you hundreds of trading instruments which are mostly CFDs on various assets like stocks or Forex. There is an option to use leverage, and its ratio can reach 1:400 on a standard Pepperstone account, so it’s also suitable for experienced traders. You can choose between various trading platforms including the most popular ones: MT4, MT5, and cTrader.
Are you interested already? Let’s check out how you can create your own account and start trading.
How to create an account
First of all, there are two types of accounts here: standard and Razor. The latter is designed to suit the most professional traders, so we’re just going to focus on the standard option for now. Such accounts don’t charge any commissions for opening and closing positions. The spread for the EUR/USD pair is between 0.6 and 1.2 pips on average. You can also open a demo account to practice trading and test the software without risking real money.
Creating a standard account is simple. First of all, you need to register on the broker’s website using a real email address.There’s also an option to sign in via Google or Facebook. Follow the steps to prove your suitability for trading derivatives and verify your identity. Once your account is approved, you may start trading right away, just don’t forget to deposit at least $200. If something goes wrong during your registration process, don’t hesitate to contact the 24/5 customer support service.