When choosing the best Forex & Stock CFD broker and charts to trade the markets with there are some major criteria that you always need in a broker.
A lot of brokers do not meet these standards and most traders don’t know what they should be looking for which sees them land with a broker they really wish they hadn’t.
We have looked through and tested a huge range of brokers all around the world that have a wide variety of offerings, account types, charting platforms and regulations to see what the best offerings are.
What to Look For in a Good Forex and Stock CFD Broker
The crucial elements a broker should have are;
- The best charts for price action and other strategies including EA’s/indicators
- Segregate and Keep Your Funds Safe
- Strict Regulation Throughout the World
- Good pricing
- Good bonuses for traders
- Great support
- Good charts and mobile platforms are a must
- Deposit and withdraw fast and convenient with multiple options
- Kept up to date – including with security
- Many markets for trade opportunities
The Best Charts for Price Action And Other Strategies Including EA’s/Indicators
The most popular charts by far in the trading world are MT4 and MT5 charts.
The simple reason for this is because they are incredibly reliable, can be used for very small to very large trading, can handle all sorts of trading from price action technical analysis, right through to complicated indicator and EA strategies.
MT4 / MT5 charts can be used on PC, Mac, iPhone and mobile and can also be synced in so you are using the same charts in your phone that you are using on your computer.
They are incredibly lightweight and easy to use. And they are free!
Why is it so Important Brokers are Regulated and Keep Funds Safe?
Simply put; many brokers hide off-sure in different regulations so they do not have to face the strict rules that come from regulators.
This is a real worry for traders and anyone who has a problem with their broker. These brokers are held to far less stringent rules and do not have a watch dog making sure they do the right thing.
The major world regulators such as ASIC in Australia and the FCA in the UK have minimum capital requirements and standard rules a broker must meet to continue to hold their financial licence. They are also there for traders to file complaints against the broker if something happens.
In many cases unregulated broker also do not have to segregate traders funds. This means that your funds are mixed with that of the broker and are not audited to make sure they are safe. These are real worries.
Who to Trade With?
It is hard to find brokers that are fully transparent, are tightly regulated, hold client funds (your money) in secure segregated accounts that are audited, but that is what Pepperstone offers traders.
Pepperstone is non-dealing desk Forex broker that provides trading solutions for active day traders and scalpers as well as traders that are new to the Forex market. They are also a broker that prides itself on being tightly regulated and looking after your money.
They have also just recently won the award for ‘Best Best Global Forex ECN Broker’.
Pepperstone offer some of the smallest spreads, best fill times and fastest execution in the world which is why they are so popular.
Pepperstone trading conditions are widely regarded as well above the industry standard. They place a very strong emphasis on competitive spreads and commission charges.
Pepperstone also offers the latest MT4, MT5 and cTrader charts with different account types to suit individual traders.
Major Pepperstone BenefitsNOTE: Pepperstone are regulated by two of the toughest tier one financial watchdogs in the world in the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) in Australia. This is a massive bonus.
- Regulated by Toughest Tier One Regulators in the World; Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) in Australia.
- Lower Spreads
- 1: 500 Leverage
- Superior Technology
- Better Fills
- Best Trading Charts
- The Ultimate in Trading Conditions
- Unrivaled Customer Service
- Advanced Trading Tools
- Trust and Transparency
- Fast deposit and withdrawal
What Markets Can be Traded With Pepperstone?
A look at the trading markets available and you can quickly see that almost every market a trader could want to trade is available from;
- Forex – From the major like EURUSD to all the cross and exotics FX pairs.
- Cryptocurrencies – a wide range of cryptomarkets to make trades on including Bitcoin and Ripple.
- Indices – Stock indices ranging from the UK100 through to the ITA40
- Commodities – Such as Gold, Silver, Oil, Platinum Soybean and a lot more.
Pepperstone Spreads and Trading Costs
Pepperstone trading costs are very small.
They have won awards for their incredibly small spreads, lightning-fast trade execution times and client support and service.
Spreads on major pairs start at 0.0 pips. Below is a list of the minimum and average spread trading costs for some of the major Forex pairs.
Pepperstone Account Types
Pepperstone offer two account types. The Razor and Standard account;
Pepperstone Deposit and Withdrawal Options
Pepperstone have a wide range of fast and flexible deposit and withdrawal options that include;
- Bank transfer
- Union Pay
What Others Trading With Pepperstone Say
Start Demo / Real Trading
When you signup to Pepperstone you will gain access to the free demo platform charts as well as being able to open your live account.
You can now start practice trading with virtual money just like you would in the real markets.
When you are ready you can then begin using your real capital to trade yourself.
Your broker selection is key to becoming successful. You need a broker you can trust and do not have to worry about.
Pepperstone have now been around for ten years and have a huge offering for all trader types.
The fast execution, small spreads and trading costs and great charts are why they have so many active traders and are so popular.