Pepperstone is one of the leading brokers in Australia, read this guide to learn how to start trading with a broker。

Today, it is impossible to trade without opening a real account with a forex broker。The account has multiple uses, including conducting online transactions, providing access to trading platforms, conducting various transactions, and connecting traders to various services for efficient trading。Therefore, before you start trading, you need to choose a reliable broker and an account type that suits your trading style。

Pepperstone is one of the many top brokers that offer easy access to the Forex market, and regardless of your trading experience, choosing Pepperstone as your broker to trade is the smartest choice。At Pepperstone, the account opening process is simple, but before entering this part, let's take a look at Pepperstone。

Introduction to Pepperstone

Pepperstone is a leading Australian broker founded in 2010 to provide cutting-edge technology, low-cost trading and good customer support.。The broker now covers more than 180 countries and is regulated by a number of financial institutions, including ASIC Australia, CySEC Cyprus, FCA UK, FFSA Germany, DFSA UAE and SCB Bahamas.。

Pepperstone claims to provide favorable trading conditions for all types of traders, including beginners and professional traders, with more than 1,200 tradable assets and multiple trading platforms for you to choose from, including the world-renowned MT4, MT5, cTrader。There are also a variety of educational resources and professional tools to choose from, designed to simplify trading for novice and expert traders, as well as low spreads and low commissions from 0 o'clock.。

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Founded in 2010 by a team of experienced traders working together to improve online trading, Pepperstone is based in Melbourne, Australia and has grown into one of the world's largest forex brokers.。If a trader wants to find a broker that offers low spreads, fast execution and award-winning support, the answer is Pepperstone。

Pepperstone has strong legal safeguards as it is licensed by Australian regulators ASIC and FCA.。Traders "funds can be deposited into separate accounts at Australia's top banks, one of which is National Australia Bank (NAB).。Therefore, if a trader chooses to open an account in Pepperstone, the safety of funds is not an issue。

They successfully partnered with 23 top banks to bring bids to investors instantly via fiber optics, which enabled all orders to be executed 100% automatically with delays as low as zero..05 milliseconds, no need for trading desk intervention and re-quotation, and ultra-low transaction costs。

Pepperstone is trusted by more than 73,000 traders worldwide, processing an average of 125 per day..$500 million in trading volume and won awards for such things as:

Best Forex ECN Broker and Best Forex Trading Support Worldwide 2019 (Europe)
Best Australian Broker and Best Trading Platform 2018 by Compare Forex Brokers
2018 UK Forex Awards Best Forex ECN Broker, Best Forex Trading Support and Best Forex Trading Conditions

With numerous awards, Pepperstone attracts more and more traders from all over the world。Pepperstone's performance rose not only because of its ultra-low spreads and fast execution services, but also because many traders were keen to trade in currencies other than the US dollar.。

As a result, Pepperstone is one of the most responsive brokers to the market because it is willing to accept deposits in 10 currencies, including the Australian dollar, the US dollar, the euro, the Canadian dollar, the British pound, the Swiss franc, the Japanese yen, the New Zealand dollar, the Singapore dollar and the Hong Kong dollar.。

Pepperstone allows traders to choose between 11 trading platforms: MT4 Desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad / Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo and cTrader Mobile。The choice of trading platform is very practical for novices because it executes quickly。

When trading Forex, traders can enjoy 0 on their Razor account.0 pip original spread, over 61 currency pairs, and commission-free account funds for various deposit options。In addition to currency pairs, Pepperstone offers several types of trading tools, including indices and stocks, commodities and cryptocurrency CFD。

Commodity trading tools are very diverse, not only metals, gold and silver, but also soft commodities such as cotton, sugar, coffee, cocoa and orange juice.。Pepperstone also offers energy (oil and gas) trading.。

Pepperstone offers two types of accounts, Razor accounts and Standard accounts。If you are a beginner, it is recommended to choose a EUR / USD average spread of 1.0-1.3 point and commission-free standard account。

Traders with specific trading styles (such as scalping traders and algorithmic traders) may enjoy the traditionally lower-cost setup of Razor accounts, with a trading commission of 7 Australian dollars and a trade of 100,000 US dollars per round..01 (micro) and 1: 400 leverage to start trading。

As Pepperstone customers, traders can deposit and withdraw money through Visa, Mastercard, POLi Internet Banking, Bank Transfer, BPay, PayPal, Neteller, Skrill and Union Pay。

If you are new to trading or want to practice your trading skills in a risk-free environment, you can create a demo account, but if you are experienced or prefer to learn by doing, Pepperstone offers live accounts that allow you to trade with real-time execution and pricing.。

Traders can also use third-party services to follow popular trader scenarios while learning how to improve their trading abilities。Pepperstone works with a range of social trading platforms for traders to choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader Signals and Duplitrade。

Required to open an account

The process of opening a trading account in Pepperstone is very simple, the online application form takes about 10-15 minutes to complete, while the verification process usually takes a few hours to a working day。

As a fully regulated broker, Pepperstone conducts strict document verification protocols and suitability tests for all customers. Some people may find KYC policies inconvenient and time-consuming, but such measures are essential to ensure maximum security and compliance with regulations.。

The suitability test is basically a short questionnaire consisting of seven simple questions about trading and is an important step in measuring whether a client is suitable for trading derivatives。After passing the test, you need to provide several documents to confirm your personal identity。

In order to upload a file, a clear photo of the original file should be taken and submitted with the application form。Please note that if your scanned file is blurry, black and white or damaged, the application will not be processed。If there are any problems with the documentation, Pepperstone will send you an email with clear instructions on what to do next。You can also contact the broker to clarify questions via online chat 24 hours a day, 5 days a week。Depending on your location, you may be asked to provide additional information。

You need to provide the following two types of files:

Proof of Identity

To verify your identity, upload a government-issued file showing your full name and photo, which can be one of the following:

• Valid passport (photo page only)
  Valid driver's license (with photo)
  ID Card

Certificate of residence

To verify the address, provide one of the following files:

• Recent bank or credit card statements (photos / scans of physical letters or statements in PDF format)
  Utility bills (gas, electricity, or telephone)
  Municipal tax bill or rate bill
  Tax Statement
  Driver's license showing your address and expiration date (with photo)
  Any other documents issued by the government of the financial institution

All documents must meet the following requirements:

• Document must be valid (not less than 3 months or not expired)。
  The document must show your full name and residential address (use of a post office box is not allowed) and the information must match the application form。
  The file must show the services provided, such as paid or owed。

If you do not have any required documents, you can contact a broker for further assistance。Sometimes Pepperstone accepts other types of documents, such as birth certificates and citizenship certificates。

Pepperstone Steps to Open a Real Account

Opening an account in Pepperstone is basically just 4 simple steps:

1. Register a real trading account。
   Take the appropriate tests and complete the application form。
   Confirm your identity。
   Inject funds into the account and start trading。

1.Go to the Pepperstone website and click "Join Now"。

2.Enter the email address and click "Start," you can also choose to register with a Facebook or Google account to speed up the registration process。

3.Enter personal information, including email, account type (personal, company, or other), and country of residence。Then, create a strong password for the client area, and when done, click "Register"。

4.Enter more personal details such as first and last name, gender, date of birth, address, country of residence, phone number, nationality and National Insurance number。Depending on your country, you may be asked for additional information。Check the box to agree to the Pepperstone rule and click Next。

5.Specify trading preferences, including trading platform type, account type, base currency, and account leverage。If you have a referral code, enter the referral code and create a strong password for your trading account。After that, click Next。

6.In this step, Pepperstone asks you for information about your employment and income。This includes source of funds, value of savings, projected annual income, employment status, job position and trading experience.。Please enter the information as it is and click Next。

7.On the next page, you need to answer and pass the appropriateness test。To start the test, click Start Test。Answer 7 simple questions about familiarity with the market。

After passing, a prompt window will pop up。

8.Read Pepperstone's terms and conditions and check the box to accept。

9.On the validation page, click each category to select the file to upload, click the Submit button。

10.Now you just have to wait for Pepperstone to verify your files and activate your account, a process that usually takes hours to complete。Meanwhile, don't forget to open the email inbox and click "Confirm my email" to verify。

11.Once the account is verified, you can immediately deposit and start trading! If you have any questions, just click "Contact Us" in the side menu and contact the broker via live chat, email or phone。

Conclusion

Whether you're a novice trader or a professional, Pepperstone is a great option to try。It provides high security, a wide range of trading assets, low transaction costs and reliable customer service. You only need to register on the broker website and submit an application form to open a real trading account。If all goes well, you can start trading within a few hours of registration。

Alternatively, you can also open a demo account to familiarize yourself with the trading platform, the process is completely free and there is no need to deposit any funds, because virtual funds are used for trading。When you are ready to trade in the real market, you can switch to a real trading account。

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Pepperstone is amulti-asset broker, providing services such as cryptocurrencies, indices, and foreign exchange。The broker is known for high-quality software solutions, ultra-low prices, fast execution speeds of 30 milliseconds and innovative crypto products。