Is Pepperstone a Scam?
One of the most famous forex and CFD brokers in Australia, Pepperstone was founded back in 2010. Since its beginnings, the company kept investing into its own development, which made it well known in the whole online trading industry. If you’re a new trader, however, and don’t know much about them, you may be reluctant to make a deposit with them. Perfectly understandable, but that fear is completely unnecessary. In the rest of this article, we are going to prove to you that this company is one of the safest and most professional brokers around and that there is absolutely no reason to ask is Pepperstone a scam or a legit broker. There’s plenty of evidence for that, so let’s get going.
Is Pepperstone a Scam? | The website works perfectly
If you have read our Pepperstone Review, you probably already know which answer we’re going to give you if you ask us is Pepperstone a scam. Still, allow us to emphasize once again that this company is very careful with your money. We experienced no withdrawal problems here and the deposits always went through smoothly. The two trading platforms also performed impeccably, with constant price updates and very quick trade executions. The support team is available 24/6 and very competent and fast, so all your questions will be answered in a flash. Simply put, we found absolutely no evidence of any kind of Pepperstone fraud during our time there. The website has absolutely everything you need, and even independent experts are behind us on this. Read on to see what we mean!
Is Pepperstone a Scam? | Two licenses
The best way to check is Pepperstone a scam or a legit broker is to look for their license. Sure enough, this company is regulated, but not by one but two quite different regulatory agencies. Given that this broker is from Australia, it’s no surprise that they have their ASIC (Australian Securities and Investment Commission) license, but that’s not all. Since the company has branched out and has an office in the United Kingdom, they also have their FCA (Financial Conduct Authority) license. So no matter where in the world Pepperstone operates, you can be sure that it’s done in full accordance with all necessary laws and regulations. You won’t find too many brokers with two different licenses on the market right now, which makes this feat even more impressive. Honestly, there is nothing to worry about.
Is Pepperstone a Scam? | Conclusion
To conclude, Pepperstone is a completely legit and reliable broker, a fact that was confirmed not only by us, but also by two separate financial bodies. Of course, because of that you can expect all your trades to be opened and closed within milliseconds and all your transactions to go through smoothly. In our book, seven years of experience in this business proves that this is a legit company. Therefore, if you’re in for some really serious and high-quality trading, open an account right here. You can’t go wrong.
Hello! I’m Mark Watson, born and raised in Scranton, PA. I’ve been investing online ever since I started college at the University of Pennsylvania (go, Quakers!), where I was an undergraduate student of Economics. At first, I didn’t invest much, I was just hoping to get some extra pocket money, but with time I realized how math and patterns can actually be of great help in this line of work.
After a few years, I moved to London School of Business and Finance to continue pursuing my career in investing, and I eventually landed a job at Credit Bank Europe. The experience I got there was invaluable, plus it assured me that online trading was something I want to do for a living. Sure enough, I became a trading manager in 2015 with FXVC Online Trading, but a little while later I started working on my biggest project so far – BinaryOptionsTrading-Review.com.
The website is still going strong, and we have analyzed hundreds of brokers from all trading fields so far and helped hundreds of readers make the right choice. We also publish trading signals on a regular basis, which have proven to be accurate about 80% of the time!
And since the online trading industry is only growing, with cryptocurrencies and other similar products entering the fray, I am incredibly excited about what the next few years have in store for us. In short, if you want advice from a passionate trader, you’ve come to the right place!