Yes, Pepperstone is one of the few brokers that lets you spread bet through TradingView, MT4/MT5 and cTrader.
Pepperstone Spread Betting Review
Overall, Pepperstone is a good choice for clients that want to spread bet on MetaQuotes as it’s MT4 & MT5 package is one of the best around. Plus Pepperstone are one of only two brokers that offers spread betting through TradingView.
- Spread betting markets available: 1,200
- Minimum deposit: £1
- Account types: CFDs, spread betting
- Equity overnight financing: 2.5% +/- SONIA
- Pricing: Shares 0.1%, FTSE 1, GBPUSD 0.9
Pepperstone operates a tiered approach to spread betting accounts. Newer clients typically joined Pepperstone’s standard accounts; more experienced traders can elect to join the firm’s Razor account. The latter is used mainly for scalping and algorithmic trading. As seen below, Razor accounts have lower spreads than standard accounts in the FX markets but they also incur some commissions.
Pepperstone does not charge an inactivity fee, which is excellent for low-latency traders. The firm has no regular maintenance fee like some investment accounts. There is no minimum deposit either.
In the UK, Pepperstone offers protection on negative balance for retail clients only. This means that should the market swing violently against you and wipe out your risk capital, your account will not go below zero. Professional accounts, however, will be required to post additional equity and can go into negative equity.
For funding, Pepperstone accepts Visa, MasterCard, Paypal or bank transfers.
Most withdrawals are free, although international Telegraphic Transfer (TT) may incur fees by the banks which will be passed on to clients.
- Good MT4 spread betting broker
- Low minimum deposit
- Excellent package of indicators
- Spread betting on TradingView
- Limited market range
- No options spread betting
Research & Analysis
- Expert opinion: Pepperstone full review