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Abstract:Pepperstone account types explained—Standard vs Razor—plus leverage ranges, spreads, commission examples, swaps, and other costs to model true all-in pricing.
Two core CFD accounts are available. Standard prices via spread-only (no FX commission). Razor offers raw spreads plus a per-lot commission. Product availability and leverage limits depend on the clients onboarding entity and classification.
Account | Pricing Model | Typical FX Spreads | FX Commission Examples | Leverage |
Standard | Spread-only (no FX commission) | Wider than Razor (broker cost included) | $0 on FX | Up to ~200:1 |
Razor | Raw spread + commission | Very tight; near 0.0 on majors (market-dependent) | MT4/MT5 ≈ $3.5/side/lot | ~200:1 retail; up to ~500:1 for eligible professional clients |
cTrader ≈ $6 RT | ||||
TradingView ≈ $7 RT |
Razor is designed for raw-spread pricing with separate commission; Standard folds broker costs into the spread.
Lots × commission per side × 2 for a round trip, then add spread and swap to estimate all-in cost.
No inactivity fee is indicated in the provided materials; funding providers and currency conversion may still impose charges.
In the trading platform‘s Market Watch/Depth of Market during the trader’s active hours.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.