According to their website, a team of experienced traders was behind the founding of the company.
What they’re saying is that they know what traders are and what they need because the founders themselves have been one of them.
In 2015, it opened an arm in London to better serve its European clients. And, if all goes well for this broker, we believe they’re going to have a more dominant presence in the brokerage scene.
Pepperstone is a fantastic choice for forex and CFDs traders. That’s because this broker primarily deals with those assets. It’s also famous for the superb and friendly customer service it offers.
It provides some pretty good protection for traders, as well as useful trading platforms. Let’s take a look at this broker and see whether it is the right choice for forex traders.
Regulation and Protection
Good news for wary traders: Pepperstone is a regulated broker under the Australian Securities and Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA).
That is a pretty solid regulatory status. It merely means that the broker has to meet strict capital requirements. ASIC requires brokers to “comply with internal procedures,” such as risk management, staff training, accounting, and audits.