Yes. Pepperstone takes clients from Singapore through its international site, where the account is opened with Pepperstone Markets Limited, licensed by the Securities Commission of The Bahamas (SIA-F217). Pepperstone holds no MAS licence, so you get Bahamas-regulated terms rather than Singapore-law protection.
Short answer: Pepperstone accepts Singapore residents through its Bahamas-licensed company, with SGD accounts, retail leverage up to 1:200 on FX and a $10 minimum deposit, but no MAS licence.
Contracting company: Pepperstone Markets Limited, Nassau, Securities Commission of The Bahamas licence SIA-F217.
Pepperstone's own partner programme page lists Singapore among the countries it accepts clients from.
Retail leverage under the SCB licence: FX and gold 1:200, major indices 1:200, shares 1:20, BTC/USD 1:20.
Ten account currencies, SGD included, on both Standard and Razor accounts.
Pepperstone does not offer guaranteed stop-loss orders, and the site reports that 80% of retail CFD accounts lose money.
What a Singapore resident actually signs up to
When you register from Singapore, the footer of Pepperstone's international site and its account terms name Pepperstone Markets Limited, a Bahamas company (registration 177174 B) supervised by the Securities Commission of The Bahamas. The group's other regulators, such as ASIC in Australia or the FCA in the UK, do not cover your account.
That matters if something goes wrong. A dispute would run under the Bahamas framework and Pepperstone's own terms, not through Singapore's courts, MAS or the local dispute-resolution route that MAS-licensed brokers such as IG Asia, CMC Markets Singapore or OANDA Asia Pacific give you. We searched MAS's Investor Alert List for Pepperstone on 21 October 2026 and it returned no result, but that list is not a clean bill of health; it simply means MAS has not flagged the name.
Our pick for Singapore
Bahamas-licensed account with SGD as a base currency, Standard or Razor pricing, MT4, MT5, cTrader, TradingView and its own app, and a $10 minimum deposit.
Pepperstone's international site states that 80% of retail investor accounts lose money when trading CFDs with this provider.
From 0.1 pips (Elite)
Spreads from 0.1 pips on EUR/USD on the Elite account ($6 round-turn commission, $500 minimum) on MT4 and MT5; XS's sign-up form lists Singapore, and its legal documents are issued by XS Ltd, regulated by the FSA Seychelles (SD089).
Pepperstone, Capital.com and XS are our partners. We may earn a commission if you open an account through our links. That does not change the facts on this page.
Your questions, answered
Is Pepperstone regulated in Singapore?
No. Pepperstone has no licence from the Monetary Authority of Singapore, and none of its group companies is a Singapore capital markets services licence holder. Your account is regulated in The Bahamas instead. If Singapore-law protection is your priority, a MAS-licensed CFD provider such as IG Asia or CMC Markets Singapore is the safer legal fit, even if you prefer Pepperstone's pricing.
Is Pepperstone safe to use?
Pepperstone is a large, multi-regulated group, and for Singapore clients its Bahamas terms promise two concrete things: client money goes into a client money trust account, and retail clients are not liable for a negative balance. Read the fine print too: those terms say the trust account pools your money with other clients' money, and the protections are Bahamian, not Singaporean. Safe enough for many traders, but not the same as a MAS-supervised account.
What are Pepperstone's spreads on EUR/USD?
On the Razor account, EUR/USD is quoted from 0.0 pips with a separate commission; on the Standard account the minimum is about 1 pip with no commission, because Pepperstone adds a 1-pip markup. Those are minimums, not averages, and spreads widen around news and at the daily rollover. Check the live quote on a demo account at the time of day you usually trade.
What is the difference between a Pepperstone Razor and Standard account?
Both accounts trade the same markets with the same leverage; only the FX and spot gold pricing differs. Standard folds the cost into a wider spread, while Razor shows the raw spread and charges commission, which on an SGD-denominated MT4 or MT5 account is SGD 4.55 per lot per side (SGD 9.10 round turn). TradingView connects only to Razor, so pick Razor if you chart and trade there.
What is the minimum deposit for a Pepperstone account?
The minimum deposit is $10, or the equivalent in your account currency, for card, e-wallet and app-based payments. Pepperstone's minimum deposit is $10, or $25 for crypto deposits. A small first deposit is fine for testing withdrawals, but it leaves little room for margin on leveraged trades.
Does Pepperstone offer a free demo account?
Yes, the demo is free and runs on virtual funds across MT4, MT5, cTrader, TradingView and Pepperstone's own platform. MT4, MT5 and Pepperstone platform demos expire 60 days after you create them, while cTrader and TradingView demos close after 90 days without activity. Once you hold a funded live account, Pepperstone can convert an MT4, MT5 or Pepperstone-platform demo to one that does not expire.
How long do Pepperstone withdrawals take?
Pepperstone's fee table for this entity shows card, PayPal, Skrill, Neteller and crypto withdrawals processed within one business day and bank wires within two. Its Bahamas terms allow up to three business days in general, and your own bank adds its time on top. A withdrawal to an international bank account is charged $20, so a Singapore bank wire may cost more than an e-wallet route.
Does Pepperstone offer SGD-denominated accounts?
Yes. SGD is one of ten base currencies on both Standard and Razor accounts, alongside USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD and HKD. Holding the account in SGD avoids a conversion every time you deposit from a local bank, although trades in USD-priced markets still carry currency exposure on profit and loss.
Does Pepperstone offer copy trading?
Yes. Pepperstone runs CopyTrading by Pepperstone through a linked MT4 or MT5 account, and cTrader users can follow strategies through cTrader Copy. Pepperstone notes that availability varies by region and entity, so confirm in your client area that it is switched on for a Bahamas account. Judge any strategy provider on drawdown and risk per trade, not on headline return.
Does Pepperstone offer perpetual CFDs?
Yes. Its fee page lists perpetual CFDs, marked with a PERP suffix, on gold, Brent and WTI oil, the US 500 and Nasdaq 100, and shares such as Nvidia, Tesla, AMD and Alphabet. They have no expiry date and are charged a commission of 0.015% per side, or 0.03% on the gold and MSTR share contracts.
Is Pepperstone good for trading perpetuals?
It suits traders who want weekend access without leaving a regulated CFD account: the gold perpetual trades 24/7, including weekends, and is held in your normal Pepperstone account with no crypto wallet. The drawbacks are thinner weekend liquidity, wider spreads at quiet times and a funding cost that can change every week. Start with a demo position held over one weekend to see the real cost.
How does Pepperstone's funding rate work?
Pepperstone converts perpetual funding into a single weekly rate published before the week starts. One seventh of that weekly amount is then charged or credited each day at 5pm New York time, and Pepperstone says it adds no mark-up to the published rate. In its own example, a 0.14% weekly rate on a $40,000 gold position costs $8 a day, or $56 for the week, if you are on the paying side.
What trading platforms does Pepperstone offer?
You can choose MetaTrader 4, MetaTrader 5, cTrader, TradingView or the Pepperstone web platform and mobile app. The Standard account works on all of them except TradingView, which is Razor-only. Expert advisors run on MT4 and MT5, and cBots on cTrader.
Does Pepperstone have a mobile trading app?
Yes, the Pepperstone app is on iOS and Android and gives access to its full CFD range of 1,350-plus instruments. It includes price alerts, full-screen charting, one-tap trading and stop-loss and take-profit by price, lots or duration. You can also trade from the MT4, MT5, cTrader and TradingView mobile apps using the same login.
Published 2026-10-21. Informational only, not investment advice. CFDs are leveraged products and most retail accounts lose money.
Our pick for Singapore
From 0.1 pips (Elite)