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Pepperstone Fund Withdrawal Step by Step

Overall, Pepperstone offers a simple fund withdrawal process for Kenyan Traders. Pepperstone is regulated by one Tier-1 (High Trust), one Tier-2 (Medium Trust), and one Tier-3 (Low Trust) regulator. Pepperstone has a trust score of 92% out of 100.

Updated : May 7, 2024

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005 regulations book

Fund Withdrawal Step by Step

005 feature selection

Detailed Withdrawal Information

001 cash withdrawal

Terms and Conditions

004 review

Pros and Cons

008 auction

Final Verdict

001 question

FAQ

Overall Rating

Min Deposit

0 USD / 0 BWP

Regulators

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

Trading Desk

MetaTrader 4, MetaTrader 5, cTrader and TradeView

Crypto

Yes (Not available in Africa)

Total Pairs

60+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

How to Withdraw Funds Step by Step

👉 Traders who want to withdraw funds from the trading account can follow these few steps:

➡️ Traders from Botswana with a confirmed Pepperstone account may quickly access their funds by clicking the “Funds” link in the secured client section of the website or trading platform.

➡️ After clicking “Withdraw Funds,” traders are given various withdrawal choices.

➡️ Botswanan traders must confirm their withdrawal request within one hour by clicking the “Accept Withdrawal” link in the confirmation email they will get.

➡️ Botswanan traders who have previously established two-factor authentication (2FA) may confirm withdrawals by entering the code generated by their Authenticator app during the last stage of the withdrawal process.

Detailed Withdrawal Information for Traders

Pepperstone Review Deposits And Withdrawals

👉 After making a withdrawal request, traders may track its status by entering onto the client site, choosing the “Funds” page, and then selecting “History” and “Withdrawals.”

 

👉 Botswanan traders can consult the table below for a comprehensive overview of the deposit and withdrawal process.

 

Pepperstone Supported Currencies, Minimum and Maximum Deposit, and Withdrawal Amounts

💳 Payment Method💰 Deposit Currencies🔁 Deposit Processing💳 Withdrawal Processing
VisaAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days3 to 5 days
MastercardAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days3 to 5 days
Bank transferAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 7 days3 to 7 days
MPESAAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant3 to 5 days
PaypalAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant3 to 5 days
BpayAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days3 to 5 days
NetellerAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant3 to 5 days
POLiAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD1 to 3 days1 to 3 days
SkrillAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKDInstant3 to 5 days
China UnionPayAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD3 to 5 days3 to 5 days

Fund Withdrawal Terms and Conditions

Pepperstone Review How to Deposit Funds

👉 Botswana’s traders must pay attention to the minimum withdrawal amounts, especially for international wire transfers. After submitting a withdrawal request, traders can view this.

 

👉 You could only take up to 90% of your free margin if you have open trades on your account. You can see your current available margin on the ‘Trade’ tab of your MT4/5 Terminal.

 

👉 You can see your available margin at the bottom of the ‘Positions’ tab on cTrader. The withdrawal limit will vary based on the free margin of your account.

Pepperstone Kenya Pros and Cons

✔️ Pros❌ Cons
Pepperstone offers competitive spreads that start from 0.0 pips on EUR/USDThere are restrictions on the countries that may use Pepperstone’s Islamic account
Pepperstone is well-regulated and offers an extremely secure trading environment with transparent trading feesThere is no BWP-denominated account offered, subjecting Botswanans to currency conversion fees
Investor protection is offered to EU clients through the FSCSThere are additional administrative fees applied to the Islamic account
Pepperstone offers a choice between some of the best trading platforms
Negative balance protection is offered for clients in certain regions
There is an Islamic account offered to Muslim traders
There is a demo account offered by Pepperstone
There are several trading tools offered

Verdict on Pepperstone

👉 Overall, Pepperstone is very competitive in terms of its trading fees and spreads.

FAQ

Which banks store client money for Pepperstone?

Pepperstone keeps all client funds in accounts with Barclays, NatWest, and other respected financial institutions.

 

What is the turn-around time for withdrawals with Pepperstone?

Depending on your payment method, withdrawals could take one to five business days.

 

In which currencies could I withdraw funds?

Your withdrawal options include AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD. In addition, Botswanan traders might be allowed to withdraw in BWP through Pepperstone in South Africa or Kenya. However, traders must confirm this with these entities.

 

What are Pepperstone’s withdrawal fees?

The majority of Pepperstone withdrawals are free. However, international transfers cost AU$20.

 

What is the minimum withdrawal amount at Pepperstone?

Except for international wire transfers, where the minimum withdrawal amount is 80 USD, the minimum amount is not indicated.

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