For traders in the UAE, Pepperstone offers access to perpetual CFDs, which allow you to speculate on the price of a range of global markets without owning the underlying asset.
These contracts can be used to go long or short and, unlike traditional futures contracts, they do not have a fixed expiry date. They can also be traded 24/7, making them particularly useful for UAE-based traders who want access to international markets outside conventional US, European and Asian trading hours.
Markets available through Pepperstone’s perpetual CFDs include major US stock indices, gold, oil and a selection of individual shares, including technology and Asian stocks.
As leveraged derivatives, perpetual CFDs can magnify both profits and losses. Positions are cash-settled and there are ongoing funding charges for keeping trades open, so they are primarily designed for active trading rather than long-term investing.
Pepperstone Perpetual CFDs Expert Review (Australia): Updated 15/09/2026
Account: Pepperstone Perpetual CFDs
Description: Pepperstone is one of the largest brokers in margin trading, with more than 900,000 clients and monthly trading volumes close to AUD 1.0 trillion. Pepperstone is active on a global basis, and there are 9 separately licensed entities within the group which offer trading through 5 separate platforms. Pepperstone is very much an Australian business, having been founded in Melbourne, where it still has its headquarters today. Pepperstone offers different trading products in different jurisdictions, and in Australia that means perpetual CFDs. These derivative contracts provide economic exposure to price changes in an underlying security, but they don’t confer ownership of that security. Traders can open long or short positions in them with equal ease, and what's more, they can be traded 24/7.
What are Pepperstone perpetual CFDs?
Perpetual CFDs are cash-settled, which means traders don’t need to make or take delivery.
As the name implies, these contracts have no expiry date, which in theory means that positions can be held open forever. However, there are funding charges, which are posted weekly in advance and charged to the client’s account daily.
Markets available for trading as perpetual CFDs include major US equity indices, oil, and gold, and a range of individual equities with an emphasis on technology; these include leading-edge Chinese stocks such as CXMT and Unitree.
Pricing
Perpetual CFDs are a proprietary product of Pepperstone, so we might have expected pricing to be somewhat looser than it actually is. For example, at the time of writing, the bid-offer spread on SpaceX was just 5 US cents, which I think you would have to say is highly competitive in a US$ 148.00 stock.
The spread on the DRAM Memory ETF, which trades around US$ 55.50, was just 0.40 US cents.
Market Access
Right now, there is a relatively narrow list of markets for clients to trade; though, to be fair, it is growing, and the markets that Pepperstone does offer as perpetual CFDs are highly topical and actively traded.
For example, Samsung and SK Hynix in Korea are the principal constituents of the KOSPI index and two of the most highly traded stocks in Asia. Gold and oil are a great way to play macro themes in Trumpian markets.
App and platforms
Pepperstone offers a range of trading platforms, including TradingView, MT4 and MT5, cTrader and its own web-based platform and mobile app. With so much choice, it’s really about deciding what your trading goals are, what’s important to you in a price display and order management context, and which platform you find easiest to use. The sweet spot between these three will tell you what platform is best. Of course, as you grow as a trader, you may also choose to swap between trading platforms
Customer Service
Pepperstone has always prided itself on its customer service. In this review, I used the customer support email, and whilst the response wasn’t instantaneous, I got the answers and information I needed in a polite and courteous manner, which I found refreshing.
Added Value and Research
Pepperstone offers a range of analytical and educational content on its website, alongside guides that compare and explain products and trading approaches; there are also webinars and events hosted by experts, and these are often available to watch back as YouTube videos.
Pros
- 24/7 trading continuous access
- Cash-settled contracts with no expiry
- Know your funding costs in advance
Cons
- Narrow product range
- No ownership of the underlying
- A proprietary product not exchange-traded
- Pricing (4)
- Market Access (3.5)
- App & Platform (4.5)
- Customer Service (4.5)
- Research & Analysis (4)
Overall
4.1
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
