Regulated offices

Pepperstone Australia is licensed by the Australian Securities and Investments Commission (ASIC), Pepperstone UK is authorized and regulated by the UK Financial Conduct Authority (FCA), Pepperstone EU is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), Pepperstone AE is authorized and regulated by the Dubai Financial Services (DFSA) Authority, Pepperstone Markets is authorized and regulated by the Securities Commission of the Bahamas (SCB), Pepperstone GmbH is authorized and regulated by the Federal Financial Supervisory Authority of Germany (BaFin), and Pepperstone Markets Kenya Limited is authorized and licensed by the Capital Markets Authority (CMA). Under these licenses, we're obliged to meet strict capital requirements while implementing and complying with stringent internal procedures that include: client money protection, risk management, anti-money laundering, conduct, training, accounting and audits.

Trading with Pepperstone

Relevant regulations

This page sets out the different regulatory and financial protections that you'll get if you're a retail client and you open a trading account with our businesses.

Important: You'll receive different regulatory protections depending on which Pepperstone business you trade with. Please note, the regulatory requirements below are for retail investors and different requirements can apply to wholesale investors. This information isn't intended for distribution to or use by any person in any country where that distribution or use would contravene local laws.

Pepperstone Group Limited
Pepperstone Limited
Pepperstone EU Limited
Pepperstone GmbH
Pepperstone Markets Limited
Pepperstone Financial Services (DIFC) Limited
Pepperstone Markets Kenya Limited
Regulator
ASIC (Australian Securities & Investments Commission)
FCA (Financial Conduct Authority)
CySEC (Cyprus Securities and Exchange Commission)
BaFin (Federal Financial Supervisory Authority)
SCB (Securities Commission of The Bahamas)
DFSA (Dubai Financial Services Authority)
CMA (Capital Markets Authority)
Complaints authority
Australian Financial Complaints Authority
Financial Ombudsman Service
The Financial Ombudsman of the Republic of Cyprus
EU Online Dispute Resolution Portal of the European Commission
Capital Markets Authority
Leverage restrictions - Major currency pairs
Up to 500:1, depending on the instrument
30:1
30:1
30:1
Up to 500:1, depending on the instrument
50:1
Up to 400:1
Leverage restrictions - Non-major currency pairs, gold and major indices
Up to 500:1, depending on the instrument
20:1
20:1
20:1
Up to 500:1, depending on the instrument
50:1
Up to 400:1
Leverage restrictions - Commodities other than gold and non-major equity indices
Up to 500:1, depending on the instrument
10:1
10:1
10:1
Up to 500:1, depending on the instrument
20:1
Up to 400:1
Leverage restrictions - Individual equities
Up to 20:1
5:1
5:1
5:1
Up to 20:1
10:1
Up to 20:1
Leverage restrictions - Cryptocurrencies
Up to 5:1
2:1
2:1
2:1
Up to 5:1
5:1
NA
Client money protection
Yes. Client money must be held in segregated bank accounts.
Yes. Client money must be held in segregated bank accounts.
Yes. Client funds must be kept in separate bank accounts.
Yes, client funds must be held in separate bank accounts with our trustee bank Barclays.
Yes. Client money must be held in segregated bank accounts.
Yes. money held by related entity, Pepperstone Group Limited in a segregated bank account.
Yes. Client money must be held in segregated bank accounts.
Negative Balance Protection
No
Yes
Yes
Yes
No
No
No
Mandatory 50% margin close out rule
No. Please refer to the PDS for the margin close-out rules that apply
Yes
Yes
Yes
No. Please refer to the Order Exection Policy for margin close-out rules.
Yes
No. Please refer to the Order Execution Policy for margin close-out rules.
Compensation Scheme
No
Yes, Financial Services Compensation Scheme (up to GBP85,000 per eligible investor)
Yes, Investor Compensation Fund (ICF), up to €20,000 per eligible investor
Deposit insurance of German banks (EdW); The amount of the compensation claim is limited to 90% of your claim, but not more than 20,000 EUR. This upper limit refers to your total claim against the securities trading company. It is therefore independent of the number of your accounts.
No
No
No
URL
pepperstone.com/en-au/
pepperstone.com/en-gb/
pepperstone.com/en-eu/
pepperstone.com/de-de/
pepperstone.com/en/
pepperstone.com/en-ae/
pepperstone.com/en-af/