Pepperstone — Pepperstone proprietary

Account conditions

Research checked

2026-10-12

Testing status

Not tested

Recorded virtual amount

Requires Verification

Recorded currency

Requires Verification

Expiry category

conflict

Evidence category

Sources conflict

Signup requirements

Email, password, name, DOB, mobile

Notes and remaining checks

Initial amount unspecified. Nonexpiry conditional on funded approved live account.

Record ID

pepperstone-web-uk

Broker

Pepperstone

Legal entity

Pepperstone Limited

Research region codes

• UK

Research region code

UK

Research region

United Kingdom

Research scope

United Kingdom

Platform code

web

Platform

Pepperstone proprietary

Documented terms

Simulation; interest/dividend adjustments omitted

Balance reset or adjustment

Support top-up

Live account or deposit

No live account needed

Devices

Web/mobile

Forex coverage

Forex; count not stated

What the evidence establishes

Official broker documentation; signup and trading not tested.

Supporting sources

• Pepperstone UK demo accounts
• Pepperstone UK platform FAQ: demo expiry
• Pepperstone UK demo: account expiries

Official information source

Pepperstone UK demo accounts

Launch qualifications reviewed

2026-10-15

Official entry route

Visit official demo page

Route type

demo-page

Notes and remaining checks

Broker demo page; select your platform to continue.

Evidence status

Official entry route

URL

https://pepperstone.com/en-gb/trading/demo-account

Route source

https://pepperstone.com/en-gb/trading/demo-account

Research checked

2026-10-13

Testing status

Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope

Pepperstone Limited · UK Forex CFDs; general demo statements apply to the five platforms listed on the UK page.

Testing status

Not tested

Contractual role

Finding

Principal

Evidence status

Documented

Notes and remaining checks

UK terms clause 1.18 says Pepperstone enters each contract as principal rather than the client's agent.

Supporting sources

• Pepperstone Limited UK terms — clause 1.18

Research checked

2026-10-13

Execution arrangement

Finding

Internal and external execution

Evidence status

Broker-reported

Notes and remaining checks

The UK execution policy describes a central group risk book and hedging, mostly automated orders, and possible manual execution or partial fills.

Supporting sources

• Pepperstone Limited execution policy — September 2026

Research checked

2026-10-13

Demo realism

Finding

Adjustments omitted; margin checks simulated

Evidence status

Documented

Notes and remaining checks

The UK general demo page says interest/dividend adjustments and out-of-hours price movements are not charged; insufficient funds or volume can cause rejection and lack of margin can close trades. It warns execution may differ from live.

Supporting sources

• Pepperstone UK demo account

Research checked

2026-10-13

Research review

Research checked

2026-10-13

Review outcome

Role: Principal; Arrangement: Internal and external execution; Demo: Adjustments omitted; margin checks simulated. Official documentation review only; no account or order tests.

Remaining checks

• Check actual slippage and liquidity behavior separately on MT4, MT5, cTrader, TradingView and Pepperstone platform.
• Do not interpret general demo disclosures as platform-specific test results.

Demo markets

Scope

Pepperstone Limited · United Kingdom · Pepperstone proprietary. Market coverage not yet reviewed.

Testing status

Not tested

Forex CFDs

Evidence status

Requires Verification

Notes and remaining checks

Forex CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

Cryptocurrency CFDs

Evidence status

Requires Verification

Notes and remaining checks

Cryptocurrency CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

API access

Evidence status

Requires Verification

Type

Requires Verification

Access route

Not established for this offering

Notes and remaining checks

API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.

Requirements

Confirm the account, platform and regional requirements with the broker.

Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked

Requires Verification

Testing status

Not tested

Entity and regulatory research

Evidence status

Verified

Legal entity

Pepperstone Limited

Regulator

Financial Conduct Authority (UK)

Finding

Authorised (Regulated), since 05/08/2015 (DD/MM/YYYY). Retail and professional rolling spot Forex; arranging, agent and principal dealing. Matched-principal limitation.

Scope

Verification covers this named UK entity and listed permissions, not all group companies or customer eligibility. Register limitations apply.

Supporting sources

• FCA Register — Pepperstone Limited

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources