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Pepperstone Razor account review
Pepperstone, an international provider of FX brokerage launched a new account type called ‘Razor’ for customers wishing to trade Forex. The Razor account provides users the aptitude to realize round-the-clock liquidity and highly competitive ‘raw spread’ pricing for 26 currency pairs.
The Pepperstone razor account is an invention of the broker’s high frequency trading knowledge and is founded on the Integral FX Grid, an international inter-institutional connectivity and trading network. A single feature of Pepperstone razor account is the aptitude for customers to admittance an ECN style environment over MetaTrader 4, known for its user-approachable trading interface that comprises Expert Advisor programs, charting and technical analysis which permit users to create automatic trading systems.
A Pepperstone razor account features cutting edge organization that permits traders to benefit from flexible leverage, trading from 0.01 lots and our progressive algorithms that route trades with fast fast execution speed.
Pepperstone Razor Spreads
As respects the Pepperstone spreads provided, the average ones amount to 0.2 pips for the Edge Razor account and 1.2 pips on the EUR/USD for the Edge Standard account. A new component of trading costs are fees charged by brokers. The company yet, charges commission on the Edge Razor account simply, amounting to $3.5 per 100k traded, whereas the Standard one is commission-free.
Pepperstone Razor Demo Account
Pepperstone Razor demo account is available and free for all, To open Pepperstone demo account you just need to sign up with the broker’s website and receive free instruction by email.
Pepperstone Razor ECN Account
The Pepperstone Razor ECN account is available, The brokerage firm permits Forex trading without the intervention of any dealer via their Razor Account. Called as Edge environment, Forex traders using this platform will be in a position to get direct access to liquid currency pools. This includes large financial institutions internationally.
What is Pepperstone
The company is based in Australia and was established in the year 2010. Pepperstone is structured by the Australian Securities & Investments Commission. The firm holds the pride of being an ideal not desk broker that encompasses different styles of trading. Even though the broking firm is based in Melbourne at Australia, they have their offices in Dallas in the United States and also at Shanghai in China. In addition, they have their presence as Pepperstone UK at London and also at the capital of Thailand – Bangkok.
As one of the principle Foreign Exchange Brokers in Australia, Pepperstone offers a wide range of crosses and currency pairs. In fact, they offer pairs and crosses for different types of forex traders. In addition to being a Forex Broker, Pepperstone is also a leader.
Pepperstone offers greater technology with fast execution, low-cost spreads, and excellent customer facility. By both standard Forex trading and the facilities of a regulated ECN broker, Pepperstone.com has a lot to provide. I was surprised not to see some exciting promotions or bonuses but there were none at the time of this review. Instead, I was amazed that the website is presented in close to 50 different languages.