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Ways to trade

Compare trading accounts

What account types are available with Pepperstone?

We offer one spread betting account, and two CFD accounts – Standard and Razor. All of them can be accessed via our in-house platform and app, or via our seamless integrations with leading third-party technology.

At a glance: Compare our account types

Account type

CFD trading (Standard)

CFD trading (Razor)

What is it?

Trading the price difference between the opening and closing of a contract.

Trading the price difference between the opening and closing of a contract.

Is this account leveraged?

Yes, a Standard CFD trading account is leveraged.

Yes, a Razor CFD trading account is leveraged.

Do I pay tax on any profit I make?

You won’t pay stamp duty, but you’ll need to pay capital gains tax (CGT). However, losses can be offset as a tax deduction for CGT.3

You won’t pay stamp duty, but you’ll need to pay capital gains tax (CGT). However, losses can be offset as a tax deduction for CGT.3

Which markets can I trade?

1350+ markets including shares, indices, forex, commodities and more.

1350+ markets including shares, indices, forex, commodities and more.

Suitable for hedging?

Yes

Yes

Which platforms are available?

Pepperstone’s webtrader platform and mobile app, MT4, MT5, and cTrader.

Pepperstone’s webtrader platform and mobile app, MT4, MT5, cTrader and TradingView.

What are the risks?

CFD trading is leveraged, so you put up a percentage of the trade size to open a position. Your profit or loss will be based on the full position size, so your profits or losses will be amplified. Managing your risk is key.

CFD trading is leveraged, so you put up a percentage of the trade size to open a position. Your profit or loss will be based on the full position size, so your profits or losses will be amplified. Managing your risk is key.

What is the minimum funding amount?

$13.172

$ 13.17

What are the costs?

CFD trading (Standard)

CFD trading (Razor)

Spreads and commission5

Variable spreads on FX, indices and commodities, starting from just 0.4 points on the US500. No commission except on shares, starting at just 0.1% per side on UK share CFDs.

FX commission is from $2.96 per standard lot, per side. Spreads are raw (from 0.0* points). All other markets are charged in the same way as a Standard account.

Overnight funding (swap rate)

Market rate (latest rates displayed on the platform)

Market rate (latest rates displayed on the platform)

Admin charges/market data fees/anything else

None

None

5 If you trade 0.01 lots on our Razor account, please note that commission will round up to $0.030 per 0.01 lot. MetaTrader 4 commission is calculated for both sides of the transaction upfront and then charged upon opening the trade.

You can find a full breakdown of our costs and charges here.

How many instruments can I trade on each account?

You can trade a wide range of instruments on any of our accounts:

CFD (Standard)

CFD (Razor)

Total number of instruments

1444

1444

Forex

93

93

Indices

26

26

Commodities

40

40

Shares

1162

1162

ETFs

95

95

Number of markets can vary. Data was sourced on 12 March 2025


Pepperstone trading account FAQs

Are there any hidden costs or additional charges?
Which platforms are available for each account type?
Which markets can I trade on each account?
Which market symbols can I trade on each account?  
What is an overnight funding charge (swap)?

1 Data correct as at February 2025. 

2 Tax laws depend on individual circumstances and are subject to change. 
3 If the market moves quickly or gaps, a trade order may be filled at a price that is different to the requested price. This is known as slippage. 

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1300 033 375
Level 16, Tower One, 727 Colins Street
Melbourne, VIC Australia 3008
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© 2025 Pepperstone Group Limited

Risk Warning: Trading CFDs and FX is risky. It isn't suitable for everyone and if you are a professional client, you could lose substantially more than your initial investment. You don't own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. You should consider whether you’re part of our target market by reviewing our TMD, and read our PDS and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.

Pepperstone Group Limited is located at Level 16, Tower One, 727 Collins Street, Melbourne, VIC 3008, Australia and is licensed and regulated by the Australian Securities and Investments Commission.

The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2024 Pepperstone Group Limited | ACN 147 055 703 | AFSL No.414530