Pepperstone Fees and Commissions
Contrary to other companies that use a single liquidity provider, Pepperstone uses multiple providers from Tier 1 Banks and institutions. This not only gives you more competitive quotes but also low spreads and deep liquidity. In addition, fast execution is guaranteed for all clients regardless of size or experience.
The following are the types of fees charged by Pepperstone:
Pepperstone Spreads
Pepperstone offers some of the lowest spreads in the industry. Their Razor account gives you access to Pepperstone spreads as low as 0.0 pips on major currency pairs. However, keep in mind that Pepperstone also charges a commission of AU$7 per lot traded.
Pepperstone Withdrawal
Pepperstone withdrawal fee differs from account to account. If you are using a bank transfer, there is no withdrawal fee for amounts over AU$200. However, if you are withdrawing via PayPal, there is a flat fee of AU$5 per transaction.
Pepperstone Deposit
The deposit methods offered by Pepperstone include bank transfer, credit/debit card, and PayPal. The minimum deposit amount is AU$200. There are no deposit fees for bank transfers and credit/debit card deposits. However, there is a 3% fee for PayPal deposits.
Pepperstone Inactivity Fee
Pepperstone doesn't have an inactivity fee.
Pepperstone Commissions
You will only be charged a commission when you trade CFDs on Forex and Shares using a Razor account. If you use MT5 or MT4, your micro lots will either be rounded up or down. For example, if you are using an MT5 Razor account for trading USD, the commission per 0.01 lots (1000 base currency) will be USD 0.04 (USD 0.08 round turn).
Pepperstone Swap Fee
The swap rate is the fee you pay for holding a position overnight. Pepperstone's swap rates are competitive, and you can view them all on their website. A swap rate is an overnight rollover interest rate that accrues depending on the position you hold. Pepperstone adjusts your account balance to reflect the amount of funding needed for your position, which can either be positive or negative.