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Pepperstone Group Limited
IndustryFinancial services
Founded2010 (2010)
FounderOwen Kerr
Joe Davenport
Key people
Tamas Szabo, CEO
ServicesFinancial Markets Access

Pepperstone is a Melbourne-based broker specializing in providing markets access to financial instruments, including Forex, index, share, commodities, and cryptocurrencies CFDs.[1][2][3]


Pepperstone was founded in 2010 by Owen Kerr and Joe Davenport.[4][5]

Joe Davenport and Owen Kerr both received the Australian EY Entrepreneurs Of The Year award in 2014.[6][7]

In 2013, Pepperstone helped the Australian Securities and Investments Commission and Australian Federal Police uncover Australia's largest insider trading case in history.[8] Another media report claimed that a senior employee was sacked after tipping off the regulator.[9]

In 2014, the firm was ranked #1 on BRW Fast Starters, with reported revenues of $60m and 66% growth.[10]

In October 2014, Pepperstone ceased accepting Japanese clients after an inquiry by ASIC regarding the lack of a license from the Japanese Financial Services Agency.[11]

In March 2016 Pepperstone announced it had finalized the sale of most of its business to Champ Private Equity.[12]

In February 2017, to comply with its FCA obligations, the firm temporarily closed down their UK operations.[13]

CHAMP Private Equity sold its stake in Pepperstone 2.5 years after investing in the online investment platform. The business was bought by its senior management team led by chief executive Tamas Szabo and CHAMP managing director Fiona Lock.[14]

The Association of Tennis Professionals (ATP) agreed a global partnership with Pepperstone in May 2022, a deal that includes the naming rights to the official ATP rankings.[15]

Services and operation[edit]

Pepperstone maintains an interbank network utilizing Equinix. Pepperstone utilizes various third-party currency trading tools and infrastructure, including Ctrader,[16] MetaTrader 4 and 5, TradingView[17] and[18]

Pepperstone offers a standard account type, oriented towards smaller accounts, and a Razor account with tighter spreads for more advanced and Expert Advisor (EA) algorithmic traders.[19]

Regulation and protection[edit]

Services are offered from multiple legal entities. Pepperstone Limited serves clients globally. The company is regulated by the FCA UK, ASIC Australia, CySEC Cyprus, DFSA Dubai, CMA Kenya, SCB Bahamas and BaFin Germany.[20]


  1. ^ "MetaTrader 4". Pepperstone. Retrieved 25 January 2012.
  2. ^ "Pepperstone Financial Pty Ltd Forex Broker Information". Retrieved 30 January 2012.
  3. ^ "Available Instruments". Pepperstone. Retrieved 11 July 2019.
  4. ^ Mote, Christopher (22 September 2011). "Owen Kerr, 2011 Anthill 30under30 Winner". Anthill. Retrieved 25 January 2012.
  5. ^ "Pepperstone Financial Pty Ltd". Australian Securities & Investments Commission. 12 January 2010. Archived from the original on 12 December 2010. Retrieved 4 February 2012.
  6. ^ "EY Entrepreneur Of The Year Awards Revealed". Retrieved 2 March 2020.
  7. ^ Pash, Chris (21 November 2014). "The Pepperstone Guys Have Been Named Entrepreneurs Of The Year In Australia". Business Insider Australia. Retrieved 2 March 2020.
  8. ^ Durkin, Patrick (11 May 2014). "Alleged insider trading case cracked through LinkedIn". The Sydney Morning Herald. Retrieved 16 December 2014.
  9. ^ Jefferson, Andrew (26 August 2014). "Employer won't back down over insider trading sacking". Herald Sun.
  10. ^ "Fast Starters 2014". BRW. Retrieved 17 December 2014.
  11. ^ "14-267MR ASIC concerns see Pepperstone exit the Japanese market". ASIC. 13 October 2014. Retrieved 13 June 2015.
  12. ^ "Pepperstone finalises deal with Champ". The Australian. 3 March 2016. Retrieved 10 May 2017.
  13. ^ "Pepperstone suspends Forex trading in the UK – LeapRate Exclusive". LeapRate. 28 February 2017. Retrieved 10 May 2017.
  14. ^ "CHAMP to exit Pepperstone; new role for managing director Fiona Lock". Australian Financial Review. 8 September 2018. Retrieved 29 February 2020.
  15. ^ Carp, Sam (6 May 2022). "ATP ranking naming rights included in Pepperstone's global sponsorship deal". SportsPro. Retrieved 31 December 2022.
  16. ^ "Best Trading Platforms UK Compared". The News Minute. 14 December 2022. Retrieved 31 December 2022.
  17. ^ "Pepperstone has announced its new partnership with industry leading social charting platform TradingView" (Press release). Pepperstone Financial Services (DIFC) Limited. PR Newswire. Retrieved 31 December 2022.
  18. ^ " and AvaTrade announce a strategic partnership, providing AvaTrade's CFD & FX clients with the next generation of automated trading" (Press release). Capitalise ai; AvaTrade. PR Newswire. Retrieved 31 December 2022.
  19. ^ "Pepperstone Razor Forex Trading Account (SMART 100)". Anthill Magazine. 24 May 2012. Retrieved 9 June 2012.
  20. ^ "BaFin License". Finance Magnates. Retrieved 13 August 2020.{{cite web}}: CS1 maint: url-status (link)