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.

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

30:1

Up to 500:1, depending on the instrument

30:1

Up to 400:1

Leverage restrictions - Non-major currency pairs, gold and major indices

20:1

Up to 500:1, depending on the instrument

20:1

Up to 400:1

Leverage restrictions - Commodities other than gold and non-major equity indices

10:1

Up to 500:1, depending on the instrument

10:1

Up to 400:1

Leverage restrictions - Individual equities

5:1

Up to 20:1

5:1

Up to 20:1

Leverage restrictions - Cryptocurrencies

2:1

2:1 (Professional clients only)

2:1

Up to 5:1

2:1

Client money protection

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

Yes, for retail clients

Yes

Yes, for retail clients

Mandatory 50% margin close out rule

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

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.

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/