Exness Review
Pepperstone Minimum Deposit
Overall, the minimum deposit amount required to register a live trading account is $200, this minimum deposit is equivalent to 24 180 KES. 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
Jump to:
Minimum Deposit Overview
Deposit Fees and Methods
Step By Step guide to depositing the Minimum Deposit
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.9/5
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 Minimum Deposit – 5 key points quick overview:
Minimum Deposit
👉 Pepperstone charges a minimum deposit amount of 200 AUD.
👉 This is comparable to 1,700 Botswana Pula (BWP) based on the current exchange rate between the Australian dollar and Pula. Pepperstone is not locally regulated in Botswana but is regulated by these reputable entities:
➡️ The Financial Conduct Authority (FCA) in the United Kingdom.
➡️ The Australian Securities and Investments Commission (ASIC) in Australia.
➡️ The Security Commission of the Bahamas (SCB).
➡️ Cyprus Securities and Exchange Commission (CySEC).
➡️ Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany.
👉 These licenses mandate that Pepperstone meet stringent financial criteria and implement and abide by stringent internal rules on the safety of clients’ financial information and funds, risk management, and anti-money laundering.
👉 Pepperstone prioritizes the security of client money. Hence client funds are held in separate bank accounts from the broker account. In addition, they take great pleasure in their culture of compliance and regulation, which delivers the best assistance and solutions to Botswanan traders.
Step-by-step guide to depositing Pepperstone minimum amount
1. Step 1 – Registration
👉 Register your email and password; confirm your email; then proceed to the Secure Client Area.
2. Step 2 – Fill in the Information
👉 Fill in your personal information and set the base currency of your account.
3. Step 3 – Complete the information
👉 Complete a trading application with all personal and relevant info.
4. Step 4 – Upload personal document.
👉 Upload a copy of your passport or ID, and a utility bill or some other proof of address.
👉 Traders can fund their accounts by sending the funds to one of the Pepperstone segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.
👉 Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.
👉 Funds must be transferred in the same currency as the bank account to which they are sending it, to prevent currency conversion fees from being charged.
Overall Rating
- 4.9/5
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 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
Can I register a BWP account with Pepperstone?
You cannot register a BWP-denominated account as Pepperstone’s accounts are only in AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD.
Can I trust Pepperstone?
You can trust Pepperstone. Pepperstone is one of the industry’s largest and most well-established hybrid brokers with large trading volumes and liquidity, a good reputation, and a string of industry awards.
How much do I pay when I finance my Pepperstone account?
You do not pay any deposit fees when you transfer the minimum deposit amount into your trading account.
Which payment methods can I use to fund my Pepperstone account?
You can choose from the following when you pay the minimum deposit:
- Visa
- Mastercard
- Bank transfer
- M-Pesa
- Paypal
- Bpay
- Neteller
- POLi
- Skrill
- China UnionPay
What is the minimum deposit amount for Pepperstone?
The Standard and Razor Accounts’ minimum deposits are 200 AUD or 1,700 BWP.
