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Pepperstone Account Types
The account types offered by Pepperstone are made to accommodate the different kinds of investors. They offer four different account options to choose from. They are the active trader, Islamic, Razor and Standard accounts. There are differences in the hedging, EA, Scalping, commissions, size of trade and Pepperstone spreads between these Pepperstone account types. Also, the company has kept a reasonable amount as minimum deposit at $200.
When talking about the account types, the trader should know that the Edge Standard Account offered by Pepperstone is for normal traders. As far as Pepperstone fees for this account type are concerned, there is actually no Pepperstone commission for this type of account holders. This account uses institutional grade STP Spreads.
The Edge Razor account is another type of account. This Pepperstone razor is designed for advanced and also EA Traders. This type of account employs Raw ECN spreads starting from 0.1 Pips and the Pepperstone fees for this account is $3.5 commission for every 100k Trade.
In addition, Pepperstone offers the institution partners and active traders with an additional account. This account is called as the Platinum account with a higher level of service apart from superior ECN EDGE Execution. This account type is unique with a dedicated relationship manager.