Interactive Brokers
Global BrokerAccepts Panama
9.1
Excellent
- Min. deposit
- $0
- EUR/USD spread
- 0.1 pip
- Regulation
- SEC, FINRA
- Real stocks
- MetaTrader
- Spanish support
Forex & CFDAccepts Panama residents
Pepperstone in Panama: 2026 review
Ultra-tight spreads for scalpers and algorithmic traders
Verified Apr 28, 2026· source: official broker site
Revisa24 score
7.8/10
Good
Minimum deposit
$0
EUR/USD spread
0.77 pip (Standard)
In short
7.8
Algorithmic traders' favorite: no restrictions on scalping, EA and trading robot-compatible. Institutional-speed infrastructure with 5 global data centers.
Key facts
Conditions published by the broker, checked on its official site.
| Fact | Value |
|---|---|
| Regulation | FCAASICCySECDFSASCB |
| Headquarters | Melbourne, Australia |
| Founded | 2010 |
| Minimum deposit | $0 |
| EUR/USD spread | 0.77 pip EUR/USD (Standard) |
| Leverage | 1:200 |
| Fees from | 0.0 pip + $3.5 comisión (Razor) |
| Real shares | No, CFDs only |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone App |
| Products | Forex (90+ pairs), Stock CFDs, Indices (26), Commodities, Cryptocurrencies (27), ETF CFDs |
| Official site | pepperstone.com |
- Regulation
- Value
- FCAASICCySECDFSASCB
- Headquarters
- Value
- Melbourne, Australia
- Founded
- Value
- 2010
- Minimum deposit
- Value
- $0
- EUR/USD spread
- Value
- 0.77 pip EUR/USD (Standard)
- Leverage
- Value
- 1:200
- Fees from
- Value
- 0.0 pip + $3.5 comisión (Razor)
- Real shares
- Value
- No, CFDs only
- Platforms
- Value
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone App
- Products
- Value
- Forex (90+ pairs), Stock CFDs, Indices (26), Commodities, Cryptocurrencies (27), ETF CFDs
- Official site
- Value
- pepperstone.com
Verified Apr 28, 2026· source: official broker site
Pros
- No restrictions on scalping or algorithmic trading
- Average EUR/USD spread 0.77 pip (Standard) or 0.0 (Razor + commission)
- Compatible with all MetaTrader EAs and bots
- 5 global data centers: execution in <1ms
- Regulated by FCA, ASIC, CySEC, maximum protection
- No minimum deposit on Standard account
Cons
- No real stocks, CFDs only
- Limited crypto offering vs. eToro
- Proprietary platform (Pepperstone) less powerful than MT5 for analysis
- Less known in LATAM than XM or eToro
Who it is for
- Best for
- Algorithmic traders, scalpers, EA and trading robot users
- Not recommended if
- Long-term investors or beginners, focused on active trading
Risk warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This is not investment advice.
Ready to open an account at Pepperstone?
You open the account on the broker's official site. Before depositing, check which regulatory entity your account is opened under: the compensation fund depends on it.
Alternatives worth a look
The three highest-scored brokers besides this one.
Capital.com
CFD & InvestingAccepts Panama
8.6
Excellent
- Min. deposit
- $20
- EUR/USD spread
- 0.6 pip
- Regulation
- FCA, CySEC
- Real stocks
- MetaTrader
- Spanish support
eToro
Social TradingAccepts Panama
8.3
Very Good
- Min. deposit
- $50
- EUR/USD spread
- 1.0 pip
- Regulation
- FCA, CySEC
- Real stocks
- MetaTrader
- Spanish support
Frequently asked questions about Pepperstone
Is it safe to trade with Pepperstone from Panama?
Pepperstone is regulated by FCA, ASIC, CySEC, DFSA, SCB and keeps client funds in segregated accounts. Whether a compensation fund applies depends on the entity your account is opened under (FSCS for FCA, ICF for CySEC, SIPC for US entities).
What is the minimum deposit at Pepperstone?
The minimum deposit at Pepperstone is $0.
Does Pepperstone offer real shares?
No. Pepperstone offers CFDs on shares, indices and forex: leveraged contracts without ownership of the underlying asset.
Do I pay tax in Panama on profits with Pepperstone?
Not on foreign-source gains: Panama's territorial system (Art. 694 of the Fiscal Code) leaves income earned on foreign markets outside ISR. US dividends still carry 30% US withholding at source. Ask a tax adviser about your case.