In our 2022 analysis, the leading ECN broker found the Pepperstone razor account has one of the lowest spreads. If you are using the cTrader or TradingView trading platforms then you will pay USD $6.00 for each lot round-turn converted to your base currency. If you are trading with MetaTrader 4 or 5 then you will pay USD 7.00 (USD 3.50 side-ways) for each standard lot you trade. To keep the spreads low, a commission is paid in place of the broker widening the spreads. Some traders refer to this as ECN pricing as prices are in line with the market. This account uses straight through processing (STP) so you can receive the spreads set by the liquidity providers. Scalping, hedging and automated trading with expert advisors is permitted and you can trade with mini, micro and standard lots. Pepperstone gives you a lot of flexibility when it comes to trading styles. Islamic account – Swap-free account avoiding interest (designed for Islamic traders).Razor account – Raw spreads account plus commission (designed for advanced traders).
Standard account – No commission forex account (designed for beginner traders).Pepperstone Spreads And Fees – Strength 1
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