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Regulation check
Is Pepperstone regulated? Licences and safety in 2026
Which regulators license Pepperstone, which company you would actually join, and what protection that gives you.
Short answer: Yes. Pepperstone holds licences from ASIC (AFSL 414530), the FCA (FRN 684312), CySEC (388/20) and the SCB in the Bahamas, and also names regulators in Dubai, Kenya and Germany.
Pepperstone regulators and what they mean for you
| Regulator | Country | What it means for retail clients |
|---|---|---|
| ASIC | Australia | Top tier. Retail leverage capped at 30:1 on majors, negative balance protection, client money held in trust. |
| FCA | UK | Top tier. Retail leverage capped at 30:1 on majors, negative balance protection, client money segregated, FSCS cover up to £85,000 if the firm fails. |
| CySEC | EU (Cyprus) | EU MiFID rules. Retail leverage capped at 30:1 on majors, negative balance protection, investor compensation fund up to €20,000. |
| SCB | Bahamas | Offshore. Higher leverage allowed and fewer protections; no compensation scheme comparable to the UK or EU. |
| DFSA | Dubai (DIFC) | Well-regarded regional regulator. |
| CMA | Kenya | National regulator for Kenyan clients. |
| BaFin | Germany (EU) | EU MiFID rules, same retail protections as other EU regulators. |
Protections apply only if your account is with the company that regulator licenses. Leverage caps and compensation limits are the general rules for each regulator, not a statement about Pepperstone's specific terms.
Which Pepperstone company would hold your account?
Brokers like Pepperstone run several companies under one brand. Where you live decides which one opens your account, and only that company's regulator protects you. Before you deposit:
- Find the company name in the client agreement or account-opening terms.
- Look it up on that regulator's own register, not a link from the broker's site.
- Check the website address and contact details on the register match the site you are using, to avoid clone firms.
Our legal entity guide walks through it step by step.
Pepperstone at a glance
| Minimum deposit | $0 (minimum top-up $10) |
| EUR/USD pricing | Razor from 0.0 pips (avg 0.1) + $3.50 per lot per side |
| Platforms | Pepperstone platform, MT4, MT5, cTrader, TradingView |
| US retail forex clients | No |
FAQ
Is Pepperstone safe?
Pepperstone is regulated, but safety depends on the company that holds your account. A company licensed by the FCA, ASIC or an EU regulator must segregate client money and offer negative balance protection to retail clients; an offshore company usually offers fewer protections.
Which Pepperstone company will I join?
It depends on where you live. The company is named in the account-opening documents and client agreement, not on the homepage. Check that name on the regulator's own register.
Does Pepperstone accept US clients?
No.
What is the minimum deposit at Pepperstone?
$0 (minimum top-up $10).
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