Swap rates are rollover interest rates (that's earned or paid) for holding positions overnight. We simply make an interest adjustment to your account, which is either a debit or a credit, to reflect the cost of funding your position. Unlock trading potential with our deep liquidity, ensuring seamless transactions, reduced slippage and transparent pricing. At Pepperstone, we aim to offer highly competitive conditions so that traders can focus on what really matters. 124-hour trading 5 days per week on select US share CFDs.
Our swap rates
Our Australia-based team is here to answer all your trading queries. We bring you expert market analysis, insights and education, empowering you to make informed trading decisions. Optimise your trading strategies and enhance your experience with 28 tools and indicators. All you need to do is trade 15 times per month and Pepperstone will continue to cover the cost of your VPS so you can run your Signal Start strategies with ultra-low latency.
- Access over 1,350 instruments to trade as CFDs, including Margin FX, indices, commodities, cryptocurrencies and shares.
- Choose from TradingView, MetaTrader 4, MetaTrader 5, cTrader or our own Pepperstone platform.
- Find and replicate the strategies of experienced traders.
- Major forex pairs involve the US dollar being paired with another major global currency like GBP, EUR or JPY.
- With the scale of a global fintech and the agility of a start-up, we’re here to arm you with everything you need to take on the global markets with confidence.
Welcome to a better way to trade
Commissions are only charged on Razor accounts when trading CFDs on Forex. Please note that on MT5 and MT4, micro lots are rounded up or down. Enjoy a secure, smart and streamlined trading experience on our platform and mobile app.
The first currency in the pair is known as the base currency. The value of the forex pair refers to the amount of the quote currency required to buy one unit of the base currency. Choose from TradingView, MetaTrader 4, MetaTrader 5, cTrader or our own Pepperstone platform. 424-hour trading 5 days per week on select US share CFDs.
Trading Spreads, Swap Rates and Commissions
It’s also known as margin FX trading or currency trading, and involves simultaneously buying one currency while selling another. Switch to Pepperstone now and join our global community of over 620,000 traders. Enables you to copy successful traders' strategies or share your own for others to follow - all within the cTrader platform. Once you've funded your account, you can start trading with one of our free trading platforms. Switch to Pepperstone now and join our global community of over 750,000 traders.⁴ Apply in minutes with our online application process. Forex trading is the exchange of currencies in the global market, aiming to profit from fluctuations in exchange rates.
For exact timings, please refer to the instrument specification within the trading terminal. We believe nothing should get in the way of mastering the trade. That's why we've made it quick and easy to start trading with us. Upskill with webinars and pepperstone forex guides for new & advanced traders.
Formas de trading
Automate your trading with the definitive margin FX platform. Customise with indicators, EAs and pattern-recognition software. Please note that certain protections available to retail clients do not apply to Pepperstone Pro clients. To learn more about reduced protections, higher leverage limits, and to check if you qualify as a pro client, visit our pro page. Access a world of opportunity with over 1350 instruments to trade as CFDs. View the maximum leverage available for retail and pro clients.
MetaTrader 5
We pride ourselves on making it easy to get started trading forex CFDs – with a fast, reliable platform that leaves you free to focus on the important decisions. Choose Pepperstone for competitive pricing, five smart platforms, and dedicated local service. An elite collaboration between two like-minded organisations that share a common interest. Access higher leverage and exclusive account features. As a Pro you can also earn volume-based rebates through our Active Trader Program and enjoy premium rewards with our Refer A Friend Program. Trade with spreads from just 0.05pts² and 0 commission.
Ready to trade better?
Trade CFDs on FX, indices, commodities, cryptocurrencies, shares and more, with razor-sharp spreads, smart technology and around-the-clock support. It's quick and easy to get started – even with a small deposit. This short questionnaire allows us to assess if you're appropriate to trade derivative products. Simply answer seven questions and we'll provide your results instantly. Get expert support from our London-based team and start trading with confidence today.
MT4 Signals enables you to automatically copy trading operations in real time. You can intervene at any time to close trades, change capital allocation, update your stop-loss or remove the strategy. Our platforms are available on Windows and Mac OS for desktop, iOS and Android for mobile and tablets, and on our web app, WebTrader. With the scale of a global fintech and the agility of a start-up, we’re here to arm you with everything you need to take on the global markets with confidence. This allows us to offer razor sharp pricing, low commissions on forex, and low-latency fast execution to all clients. If you're new to trading or looking to practise your trading strategies in a risk-free environment, we recommend opening a demo account.
- 1 0.0 minimum spread on certain markets in our Razor CFD account.
- You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
- Trade 100+ US share CFDs 24/5 with Pepperstone’s around-the-clock trading hours.⁴ Stay in action with non-stop market access day and night.
- If you're new to trading or looking to practise your trading strategies in a risk-free environment, we recommend opening a demo account.
- You can find the full list of our forex pairs and spreads here.
Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. Please read our RDN and other legal documents and ensure you fully understand the risks before you make any trading decisions. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
For example, EURUSD is the forex pair that describes the value of the Euro vs the US dollar. If the EURUSD price is 1.2, it means that €1 is worth $1.20. If something then happens to cause the Euro to strengthen vs the dollar, then EURUSD will increase, eg to 1.4.
And is licensed and regulated by The Securities Commission of The Bahamas,( SIA-F217). Trade directly through show-stopping charts with hundreds of in-built indicators and strategies. Trade the world's markets anywhere, anytime, with cutting-edge technology and customisable tools. Discover an elite collaboration between two like-minded organisations that share a common interest.
Before you apply, make sure you have your ID documents handy. We'll need these to identify you during the application process. Our UK-based team is here to answer all your trading queries. A lot is the standard unit of measurement used in forex to refer to how much of the base currency is being traded. Minor forex pairs refer to pairs of major currencies that don’t include the USD. While exotic forex pairs include a major currency paired with a currency from a smaller or emerging economy.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Switch to Pepperstone now and join our global community of over 750,000 traders. ⁴ Apply in minutes with our simple application process. 1 0.0 minimum spread on certain markets in our Razor CFD account.