Pepperstone, one of the biggest online trading brokers in Australia have introduced equity CFDs on 50 leading Australian shares to UK clients.
The new contracts will be available over the multi basset friendly MT5 trading platform. The newly launched Australian equity offering will compliment Pepperstone’s existing US equity CFDs. The group offers margin trading on more than 60 US equities which can be traded both in and out of normal hours.
Pepperstone has historically been focused on Forex trading products and that’s where the group has been able to build scale and become a top ten player on a global basis. However, equity trading has seen a surge in popularity over the course of 2020 and that seems to be continuing in 2021, so it makes sense for the company to bolster its CFD trading at this time.
Clients will pay a commission of 0.07% subject to a minimum charge of AUD 5.00 per ticket for Australian equity CFDs. Retail leverage will be set at 5 to 1. Whilst professional clients margin will be 20 to 1 leverage on these new products.
Both retail and professional trading clients will trade on the underlying exchange prices for the equities without any additional markup.
Australian equities have had a promising start to 2021 having made solid gains over the course of 2021. The list of the 50 stocks that are available as CFDs contains banks and mineral resource companies, insurers, retailers, telcos and insurers including:
- AGL Energy Ltd (AGL.AX)
- Ampol Limited (ALD.AX)
- Amcor Plc (AMC.AX)
- AMP Ltd (AMP.AX)
- APA Group (APA.AX)
- Aristocrat Leisure Ltd (ALL.AX)
- ASX Ltd (ASX.AX)
- Aurizon Holdings Ltd (AZJ.AX)
- Australia and New Zealand Banking Group Ltd (ANZ.AX)
- BHP Group Ltd (BHP.AX)
- Brambles Ltd (BXB.AX)
- Cochlear Ltd (COH.AX)
- Coles Group Ltd (COL.AX)
- Commonwealth Bank of Australia (CBA.AX)
- Computershare Ltd (CPU.AX)
- CSL Ltd (CSL.AX)
- Dexus (DXS.AX)
- Fortescue Metals Group Ltd (FMG.AX)
- Goodman Group (GMG.AX)
- GPT Group (GPT.AX)
- Insurance Australia Group Ltd (IAG.AX)
- James Hardie Industries Plc (JHX.AX)
- Lendlease Group (LLC.AX)
- Macquarie Group Ltd (MQG.AX)
- Medibank Private Ltd (MPL.AX)
- Mirvac Group (MGR.AX)
- National Australia Bank Ltd (NAB.AX)
- Newcrest Mining Ltd (NCM.AX)
- Oil Search Ltd (OSH.AX)
- Orica Ltd (ORI.AX)
- Origin Energy Ltd (ORG.AX)
- Qantas Airways Ltd (QAN.AX)
- QBE Insurance Group Ltd (QBE.AX)
- Ramsay Health Care Ltd (RHC.AX)
- RIO Tinto Ltd (RIO.AX)
- Santos Ltd (STO.AX)
- Scentre Group (SCG.AX)
- Sonic Healthcare Ltd (SHL.AX)
- SOUTH32 Ltd (S32.AX)
- Stockland (SGP.AX)
- Suncorp Group Ltd (SUN.AX)
- Sydney Airport (SYD.AX)
- Telstra Corporation Ltd (TLS.AX)
- Transurban Group (TCL.AX)
- Treasury Wine Estates Ltd (TWE.AX)
- Vicinity Centres (VCX.AX)
- Wesfarmers Ltd (WES.AX)
- Westpac Banking Corporation (WBC.AX)
- Woodside Petroleum Ltd (WPL.AX)
- Woolworths Group Ltd (WOW.AX)
- PPK Group Limited (PPK.AX)
Pepperstone recently expanded its presence in Europe with new licenses in Germany and Cyprus to complement its FCA regulated UK business. However, it has also expanded into Kenya and the UAE. The business is headquartered in Melbourne Australia and is headed up by Tamas Szabo a veteran of the margin trading markets and former IG Group Alumni.
In 2018 Mr Szabo launched an MBO of Pepeprstone from its venture capital owners Champ Private Equity and the company remains privately held today.
With over 35 years of finance experience, Darren is a highly respected and knowledgeable industry expert. With an extensive career covering trading, sales, analytics and research, he has a vast knowledge covering every aspect of the financial markets.
During his career, Darren has acted for and advised major hedge funds and investment banks such as GLG, Thames River, Ruby Capital and CQS, Dresdner Kleinwort and HSBC.
In addition to the financial analysis and commentary he provides as an editor at GoodMoneyGuide.com, his work has been featured in publications including Fool.co.uk.
As well as extensive experience of writing financial commentary, he previously worked as a Market Research & Client Relationships Manager at Admiral Markets UK Ltd, before providing expert insights as a market analyst at Pepperstone.
Darren is an expert in areas like currency, CFDs, equities and derivatives and has authored over 260 guides on GoodMoneyGuide.com.
He has an aptitude for explaining trading concepts in a way that newcomers can understand, such as this guide to day trading Forex at Pepperstone.com
Darren has done interviews and analysis for companies like Queso, including an interview on technical trading levels.
A well known authority in the industry, he has provided interviews on Bloomberg (UK), CNBC (UK) Reuters (UK), Tiptv (UK), BNN (Canada) and Asharq Bloomberg Arabia.
