Margin trading products are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money.

CFD Trading Accounts

Whatever your trading style or experience level, we have a trading account type to suit you.

Choose the Right CFD Trading Account

While all of our accounts include the features listed above, our Razor and Standard accounts do have some differences. If you need help deciding which account type is right for you, take a look at our FAQs or get in touch.

Razor Standard
Trading Platform cTrader, TradingView/MetaTrader 4&5 cTrader/MetaTrader 4&5
Commission (FX Only) 3.5 USD (per lot, per side) No commission
Spreads Raw Variable
Max Leverage for Retail Clients 1:4001:400
Max Leverage for Professional Clients 1:400 1:400
Account currencies USD, GBPUSD, GBP
Instrument Offered 1200+ 1200+
Stop Out Level (Retail) 50% 50%
Stop Out Level (Professional) 20% 20%

*MetaTrader 4 commission is calculated for a round-turn transaction and is charged on the opening deal.

*Commission may change based on your account, platform and base currency. Find out more about spreads, swaps and commissions.

Pepperstone Retail Account Leverage

Instrument Retail Professional
Forex Major Up to 1:30 Up to 1:500
Forex Minor Up to 1:20 Up to 1:500
Forex Crosses Up to 1:20 Up to 1:500
Forex Exotics Up to 1:20 Up to 1:500
Forex NDF Up to 1:10 Up to 1:10
Major Indices Up to 1:20 Up to 1:400
Minor Indices Up to 1:10 Up to 1:100
Currency Indices Up to 1:10 Up to 1:200
Gold Up to 1:20 Up to 1:500
Metals Up to 1:10 Up to 1:100
Energies Up to 1:10 Up to 1:100
Soft Commodities Up to 1:10 Up to 1:50
Stocks & ETFs Up to 1:5 Up to 1:20
Bonds Up to 1:5 Up to 1:10

Account Type FAQs

    1. What's the difference between spreads and commission?

    Spreads are charged in the quote currency that you are trading. Commission is always charged in the same currency type you use in your account.

    Ready to trade?

    It's quick and easy to get started. Apply in minutes with our simple application process.

    Maximum leverage is capped at 1:400.