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Pepperdyne Review - is it scam or safe?

Pepperdyne review - Is pepperdyne.com scam or good forex broker?

RATING: 1 / 5 REVIEWS ForexBrokerz Pepperdyne
Pepperdyne is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS


Pepperdyne is a forex and CFD broker offering lots of forex pairs and CFDs on various assets like indices, ETFs and even crypto coins, with several account types on a web based trading platform. Our concern, however, is with the broker's regulatory status, so if you are planing to start trading with them be sure to read this review first. 

 

Account type Min. deposit Max. leverage Spreads
Bronze Account $600 1:200 3.5 pips, floating
Silver Account $3000 1:200 1,6 pips
Gold Account $20 000 1:200 1,3 pips
Diamond Account $100 000 1:200 0,9 pips

 

Pepperdyne Advantages:

 

Lots of currency pairs and a choice of crypto CFDs

 

Here we should note that with Pepperdyne beginners accounts, the only available instruments are forex pairs and spot metal CFDs – namely on silver, gold, platinum, palladium and copper. That is according to their presentation. 

 

Otherwise, on their trading platform we found a wide variety of other CFDs, including crypto CFDs on coins like EOS, Dash, Bitcoin Gold, Bitcoin, Bitcoin Cash, Cardano, Zcash, Ripple, Monero, Stellar, Qtum, Tron, NEO, Litecoin, IOTA, Ethereum and Ethereum Classic. 

 

There were also CFDs on  energy and agricultural commodities like natural gas, oil,  cotton, orange juice, soybean, sugar, cocoa, coffee and  wheat, plenty of ETFs, bonds, stocks and some 23 indices.

 

As for the forex pairs, they are over 50 and we counted a number of exotic currencies like Hungarian Forint, Israeli Shekel, Mexican Peso, Polish Zloty, Russian Rubble, Chinese Yuan, Singapore Dollar, Turkish Lira, South African Rand, Honk Kong Dollar, Norwegian Krone, Swedish Krona and Danish Krone. Still, as all crypto assets are getting more and more popular lately, here you may check our list of brokers, offering Bitcoin CFDs as well:

 

>>Bitcoin Forex Brokers<<

 

Generous leverage

 

With a leverage as high as 200:1, as offered by Pepperdyne, you can definitely apply even the most aggressive trading strategy. And yet, you should keep in mind that higher leverage increases the risk for your funds and should be used with extra caution.

 

Besides, form August 1st the European Securities and Markets Authority (ESMA) decreased the maximum leverage allowed with forex transactions in the EU to 30:1.

 

Bitcoins accepted as a payment method

 

You can fund your account at Pepperdyne in various ways, including credit and debit card like VISA and MasterCard, bank wire and plenty of e-wallets, including NetellerSkrill and Entropay. And you may even pay with Bitcoins, which is getting more and more trendy. So here you may check our list also brokers, also accepting payments with Bitcoins:

 

>>Forex Brokers Accepting Bitcoin<<

 

Pepperdyne Disadvantages:

 

The broker is unregulated

 

Pepperdyne is an unregulated, offshore broker. The company behind it - Blackstone Capital Limited is based on St. Vincent and the Grenadines, while another company, associated with them - Blackstone Financial Partners Limited is based in Ireland.  

 

Blackstone Capital Limited says to be regulated in St. Vincent and the Grenadines. This, however, is not true simply because the local Financial Services Authority of St. Vincent and the Grenadines does not regulate forex and CFD brokers.

 

Have in mind that if you trade with unregulated brokers, you rely entirely on the integrity of the people, who operate them. Unlike the brokers, licensed by respected financial authorities such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC), the unregulated, offshore brokers are not obliged to report to anyone, neither to have external audits or to keep some minimum capital adequacy ratio. 

 

Also they are not required to keep traders money in a segregate, protected form creditors accounts. 

 

On the other hand FCA and CySEC brokers are even obliged to insure the trading capital. Traders with FCA brokers, for example, are entitled to a compensation of up to 50 000 GBP in the event their broker turns insolvent. Similar compensation scheme with all CySEC brokers guarantees traders up to 20 000 EUR of their capital. Besides, here you may check our list of FCA regulated brokers:

 

>>FCA Regulated Forex Brokers<<

 

Uncompetitive spreads

 

Despite that in their presentation Pepperdyne claims to be offering much more favorable spreads, the benchmark EURUSD spread on their platform fluctuated about 3,5 pips, which is almost three times higher than the levels traders would usually consider attractive with a standard account. 

 

Have in mind that spreads are considered acceptable only when starting below 1,5 pips. Besides, here you may also check our list of brokers, offering tighter spreads:

 

>> Lowest spread forex brokers<<

 

Unreasonably high minimum deposit requirement

 

Pepperdyne asks you for an investment of at least 600 USD so that you can start trading with them and that is too much. Have in mind that with most brokers you can start trading with about 250 USD, while some big, well established players like FBS and IG does not have a minimum deposit requirement at all.

 

MetaTrader4 not available

 

Pepperdyne says they are supporting the MetaTradcer4, but that turned out not to be true. Instead, they offer an overly simplified web based trading platform, similar to the ones some brokers use for binary options bets.

 

 

It lacks some basic functionalities, standard with well known platforms such as the MetaTradcer4, like the option to run automated trading sessions. In any case, here you may check our list of brokers, supporting the MetaTrader4:

 

>>MT4 Brokers<<

 

Conclusion:

 

Pepperdyne is another unregulated, offshore broker with rather limited credibility, which on top of that offers rather mediocre trading conditions. And yet, our main concern remains the lack of regulation. That means your investment with Pepperdyne will be totally unprotected. 

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Traders` reviews for Pepperdyne

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Pepperdyne Estafa

Son los mismos brokers que profxpremium y que jubiter.com

Yo tambien fui estafado en Madrid, a través del teléfono y del programa Any Desk, conmigo hablaron una chica que se llamaba Amanda Fox primero y despues un tal Santiago Colomina.
Son unos autenticos ladrones, que me llamabn desde el numero +34910920926 en España, donde cuando lo fui a denucniar a la Policía, después me llamaron y me dijeron que aquí, ya estaba marcado como Chiringuito Financiero.
Dicen que tienen regulacion pero no tienen nada, las empresas que estan pro detras, puede verse que estan en paraisos fiscales, que son Silver Wolf Limited, Blonde Bear OU y Black Parrot Limited, todas con nombres de animales, que aprece que hasta lo hacen para reírse de nosotros.
Y son la misma gente que esta detrás de Peperdyne y jubiter.com, porque cuando contestaban al teléfono a veces decían los nombres de esos brokers.
Hablamos con unos abogados (otro afectado y yo) que llevan temas parecidos y nos dicen que probablemente, estos tengan alguna oficina en España, porque mucho de los números con los que llamaban eran españoles, y las cuentas bancarias, casi siempre lo mandamos a Bulgaria y Estonia, pero había una spañola también.


Translated by Google:

They are the same brokers as profxpremium and jubiter.com

I was also scammed in Madrid, through the telephone and the Any Desk program, a girl named Amanda Fox was talking to me first and then one Santiago Colomina.
They are real thieves, who called me from the number +34910920926 in Spain, where when I went to denounce the police, then they called me and told me that here, I was already marked as Chiringuito Financiero.
They say that they have regulation but they have nothing, the companies that are behind, you can see that they are in tax havens, which are Silver Wolf Limited, Blonde Bear OU and Black Parrot Limited, all with animal names, which it seems they even do To laugh at us.
And they are the same people who are behind Peperdyne and jubiter.com, because when they answered the phone they sometimes said the names of those brokers.
We speak with some lawyers (another affected and I) who have similar issues and tell us that they probably have an office in Spain, because many of the numbers they called were Spanish, and bank accounts, we almost always send it to Bulgaria and Estonia, but there was a spañola too.

Alexander F 09/22/2019

Pepperdyne is a scam

They are professional liars, my admission was because a woman called Marcela and began calling and insisting that she enter her company, and the access error without investigating the company, with a minimum amount, until that moment was the contact of That lady, then she passed me to a Brad guy who cunningly made me invest more money, and in less than 2 months he made the money invested disappear, despite having announced that for the operation when it started to go down, I have archived the messages that I exchanged with him, then a guy named Tom entered the scene, who promised in writing to recover the money invested, and the opposite happened, made me lose more money.
In short, do not trust this company and its people, they live from deceit to others.

Al 09/05/2019

fraude de pepperdyne

Inverti en esta plataforma y despues de unos meses todo iba bien pero de repente se dejaron de comuicar no contestaban ningun correo, llame a todos los telefonos y en ningun lado me contestaron el numero y correp tampoco me contestan en la plataforma que tenia instalada ya no me deja entrar me marca error solo quiero que tengan cuidado x que son unos estafadores, y para que no sigan defraudando a toda las personas que le han hecho lo mismo expongan su caso, de verdad no saben con que sacrificios uno junto la inversion como para que se aprovechen asi de la gente.
gracias


Translated by Google:

pepperdyne fraud

I invested in this platform and after a few months everything was going well but suddenly they stopped communicating they didn't answer any email, I called all the phones and nowhere did they answer the number and they didn't answer me either on the platform I had installed let me in makes me mistake I just want you to be careful x that they are scammers, and so that they do not continue to disappoint all the people who have done the same expose their case, they really do not know with which sacrifices one together the investment as for Let them take advantage of people like that.
Thank you

elvia rocio 09/04/2019

Pepperdyne es un fraude

Al inicio se comunican contigo y estan al pendiente pero cuando les dices que no piensas depositar mas dinero ya no te llaman, haces el tramite para retiro y no te depositan, luego los publicas porque no te hacen el retito y te llaman amenazando por el contrato que según existe y demás ya llevo 2 meses esperando que alguien me haga caso y me resuelva mis 750 dls pero hasta la fecha nada.

Ojo no se metan ni les crean es un fiasco


Translated by Google:

Pepperdyne is a fraud

At the beginning they communicate with you and are on the lookout but when you tell them that you do not plan to deposit more money they do not call you, you do the withdrawal process and they do not deposit you, then you publish them because they do not make a withdrawal and they call you threatening for the contract that as it exists and others and I have been waiting for 2 months for someone to ignore me and solve my 750 dls but to date nothing.

Eye do not mess or believe them is a fiasco

Humberto Aguilar 05/23/2019

Azcium

Hugo Felipe Avila Avila

Laura Carolina Gonzalez

Jessica Viviana Maldonado

Bogota Colombia, https://www.youtube.com/watch?v=N-lAofmB_D8 this is the people that steals your money

chad devin neuburger 05/07/2019
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