{
  "schemaVersion": 1,
  "kind": "professionalServicesFirm",
  "id": "pepperstone",
  "urls": {
    "html": "/professional-services/pepperstone.html",
    "json": "/professional-services/pepperstone.json",
    "markdown": "/professional-services/pepperstone.md"
  },
  "policy": "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.",
  "record": {
    "id": "pepperstone",
    "name": "Pepperstone",
    "role": "Broker",
    "entity": "Contracting entity Requires Verification",
    "scope": "Global partner program; regional availability is conditional.",
    "services": {
      "managedAccounts": {
        "product": "MAM partner program",
        "status": "Conditional",
        "summary": "Manage allocations and manager compensation through the MAM program.",
        "capabilities": [
          "Multiple allocation methods advertised",
          "Management, performance and commission fees",
          "Automated high-water-mark calculation"
        ],
        "requirements": "Qualified/experienced managers; confirm the exact entity, licence requirements and jurisdiction.",
        "limitations": "Global partner caveats mention restrictions affecting some EEA, UK and Australian programs, while UK support also describes MAM/PAMM. Exact local availability and algorithms require verification.",
        "sources": [
          "pepper-manager",
          "pepper-uk"
        ],
        "evaluation": {
          "kind": "Requires Verification",
          "note": "A manager-specific demo or software evaluation has not been established. A retail demo does not establish access to these functions."
        },
        "accountingScope": null,
        "checked": "2026-10-14",
        "tested": false
      },
      "fundAccounting": {
        "status": "Requires Verification",
        "summary": "Pooled-fund accounting has not been established for this provider in the reviewed research.",
        "limitations": "This is an evidence gap, not a finding that the service is unavailable.",
        "sources": [],
        "checked": "2026-10-14",
        "tested": false
      }
    }
  },
  "sources": {
    "pepper-manager": {
      "title": "Pepperstone — global MAM program and regional caveats",
      "url": "https://partnership.pepperstone.com/en/multi-account-manager/",
      "checked": "2026-10-14"
    },
    "pepper-uk": {
      "title": "Pepperstone — UK account support",
      "url": "https://pepperstone.com/en-gb/support/account-support",
      "checked": "2026-10-14"
    }
  }
}