Pepperstone Minimum Deposit

To trust your money with a broker, you need to be sure that the broker is considered reliable. BrokerChooser only recommends regulated brokers, meaning the broker's operations are overseen by a trusted body.

Pepperstone can be considered a legit broker, as it is overseen by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will be able to access your funds.

Visit broker
74-89% of retail CFD accounts lose money

At Pepperstone, the minimum deposit is $0. This means that you can deposit as little money as you wish.

The recommended minimum deposit by Pepperstone to start trading is AUD 200 or equivalent amount in a different currency. However, clients are welcome to deposit less than this if you want to start with less.

After you have completed the registration and verification process, you need to fund your account to start trading.

Brokers that don't require a minimum deposit do so to encourage people to try their services without requiring a large initial commitment.

Here's a tip: don't worry if you decide to switch brokers after depositing. You can always opt out and withdraw your funds.

Also, at Pepperstone, there is no inactivity fee. This means that you won't be charged any fee, if you decide not to use your account in the future.

Visit broker
74-89% of retail CFD accounts lose money

"What stands out in Pepperstone's account funding is that they have 10 base currencies available, more than other brokers, meaning you can save money on conversion fees. I also liked that there is no minimum deposit, so you can start trading with as little as you want. This is a big plus as some other CFD brokers require a minimum of $2,000." - Bence András Rózsa, Broker analyst

At Pepperstone, the following base currencies are available: AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD. Try to deposit money to your brokerage account in your account's base currency, otherwise you will be charged a conversion fee.

To avoid high conversion fees, consider opening a multi-currency account at a digital bank.

Once your trading account has been created at Pepperstone, you can't change its base currency. However, in your client area on Pepperstone's platform, you can open an additional live trading account in your preferred currency.

At Pepperstone, you have multiple options to choose from when you want to deposit money to your account. These options are the following: Bank transfer, Credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill, Union Pay.

POLi, BPay, PayPal, Neteller, Skrill and Union Pay are the names of the available electronic wallets. These can differ based on your country of residence.

All these options are great, choose the most convenient one for you to be able to start trading. And remember, you can only deposit funds from accounts that are in your name.

There is also a difference in average transfer time for different deposit methods. While credit/debit card and e-wallet transfers are usually instant, bank transfers may take 2-3 business days to arrive.

You can find a step-by-step guide on how to fund your account further down in this article.

Visit broker
74-89% of retail CFD accounts lose money

The answer is no. No deposit fees will be applied at Pepperstone.

This is great because the broker won't deduct anything from your deposits, and you only have to calculate with the costs charged by the bank, or other third-party financial service you send the money with.

Visit broker
74-89% of retail CFD accounts lose money

Here's a step-by-step guide:

• Log into you Pepperstone 'Secure Client Area'
• On the left side choose 'Funds'
• Choose the trading account you want to fund (pay attention to which currency you want to use)
• Choose your funding method
• Give the credit/debit card details for the transaction
• Or add the bank account number and details for the transaction.
• Check if the payment details are correct
• Enter the amount you want to add to your account. Pepperstone will offer certain amounts, but you can add a smaller one if you want
• If you are OK with it, click the 'Fund Now' button

If you get stuck during the process, you can always reach out to Pepperstone's customer support. At Pepperstone, customer support can be reached via live chat, phone and email.

It is awesome that you have read through this article! We know that depositing can be frustrating, but you are on the right track, and it is okay to ask for help if you are unsure about something.

If you have a question or a suggestion, drop us an email to cust[email protected], and we will get back to you soon.

How long does Pepperstone deposit take?

Credit/debit card and e-wallet deposits are usually instant, while domestic bank transfers take 2-3 business days. International bank transfers can take 2-5 business days to arrive.

What is the minimum deposit for Pepperstone?

At Pepperstone the minimum deposit is AUD$0. Although Pepperstone recommends a minimum deposit of AUD$200 or an equivalent amount in a different currency, you can start trading with as little amount as you wish.

Is Pepperstone a trusted broker?

Pepperstone is considered a trusted broker as it is overseen by top-tier regulators such as, for instance, the UK's Financial Conduct Authority (FCA), the Federal Financial Supervisory Authority (BaFin), and the Australian Securities and Investments Commission (ASIC). It means that several regulators are keeping an eye on the broker to make sure it sticks to financial rules and is transparent.

How do I deposit money into Pepperstone?

Log in to your secure client area, go to 'Funds' and select 'Add Funds'. Then select the account you would like to deposit to and choose a deposit option.