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.
- Lesche Duvenage
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Fund Withdrawal Step by Step
Detailed Withdrawal Information
Terms and Conditions
Pros and Cons
Final Verdict
FAQ
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
Pepperstone Fund Withdrawal – 6 key points quick overview:
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
👉 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 |
Visa | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
Mastercard | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
Bank transfer | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 7 days | 3 to 7 days |
MPESA | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
Paypal | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
Bpay | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
Neteller | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
POLi | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 1 to 3 days | 1 to 3 days |
Skrill | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | Instant | 3 to 5 days |
China UnionPay | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD | 3 to 5 days | 3 to 5 days |
Fund Withdrawal Terms and Conditions
👉 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/USD | There 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 fees | There is no BWP-denominated account offered, subjecting Botswanans to currency conversion fees |
Investor protection is offered to EU clients through the FSCS | There 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.