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Does Pepperstone Have a Cent Account?

Pepperstone does not have a cent account. It has Standard and Razor accounts, a spread betting solution for UK, and swap-free options in some regions.

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Updated
June 17, 2026

A cent account displays balances in cents. For example, a deposit of USD 10 may show as 1,000 cents. Positions themselves are not always listed in cents, but they are often traded through reduced contract sizes. This allows traders to lower their nominal market exposure, making them popular with some beginners and those with less starting capital. See our round-up of the best brokers for cent trading accounts.

Does Pepperstone Have Cent Accounts?

Pepperstone does not offer a cent-based trading account. We verified this in two ways:

  1. We signed up for a Pepperstone account to see the account options available. There was no account listed in cents – just its Standard and Razor options, plus Spread Betting in the UK. Pepperstone offers standard sized trading accounts, with position sizes shown in lots, e.g. 0.01 lots, which is equivalent to 1 micro lot.
  2. We checked with Pepperstone’s support team in case users have to apply for a cent account separately, or in case it goes by another name. As you can see below, their support team confirmed a cent account isn’t offered.

Pepperstone confirming cent trading accounts aren't available

Here’s a breakdown of Pepperstone’s live accounts and what positions are based in:

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Pepperstone Account Types and Minimum Trade Sizes
Account Balance Listed In Cents? Position Basis Typical Minimum Position Key Features
Standard CFD No Standard forex lots Typically 0.01 lots — 1 micro lot Trading costs are mainly included in the spread, with no separate commission on most forex trades.
Razor CFD No Standard forex lots Typically 0.01 lots — 1 micro lot Raw spreads from 0.0 pips, with a separate commission on e.g. forex and gold trades.
Spread Betting — UK Only No GBP per point rather than lots Minimum stake varies by instrument Available to eligible UK clients. No separate trading commission; costs are primarily included in the spread.
Swap-Free No Standard forex lots Typically 0.01 lots — 1 micro lot Interest-free structure for eligible clients. Administrative charges may apply to positions held beyond a specified period, and availability varies by region.
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