GBP/USD Daily Outlook – Action Forex
June 22, 2022
No Comments
Daily Pivots: (S1) 1.2241; (P) 1.2282; (R1) 1.2323; More… GBP/USD is staying in range of 1.1932/2666 and intraday bias remains neutral. Outlook stays bearish as
Menu
Pepperstone is an Australian forex broker that also offers CFDs. Regulated in Australia, the UK, the UAE, and in the Bahamas, one of the standouts has been the the customer base that they have increased in such a small amount of time amassing a total of nearly 60,000 active customers and users in a decade is a milestone which not many Top Forex Brokers can boast easily.
Along with its strong user engagement levels and other factors we have researched and considered, the forex broker gets an overall score of 4.5/5
Pepperstone Brokerage firm is a regulated authorized firm withwith great standings with some well-known regulators. It’s fast prominence in the market and grasping a foothold in the market really helped it gain regulation from a lot of legislative bodies
With the distinction of different regulators recognizing this forex broker as genuine and secure, we have to say Pepperstone has made the effort to expand its horizon and market reach, our team rates the authenticity of pepperstone 4.69/5
Pepperstone offers excellent pricing levels along with its Active Trade Programs, their overall Forex fees are pretty low as compared to other well known brokers (Saxo Bank, City Index, FXCM Brokers) in the market while offering pip values as low as 0.1 (depending on the currency on offer and the account type though). Another added bonus would be the removal of any non-transaction fee such as inactivity charges that used to be there in the beginning but now have been completely removed from their accounts, giving the casual trader satisfaction that whatever he leaves in his account will be there when he decides to return.
The overall fee are pretty manageable and the effort made to remove any non-transactional fee from the account has been an added bonus, although even though we did not find any concrete evidence there were some traders still claiming online that the broker deducts inactivity charges. Overall our team rates the expense & fee 4.3/5
Apart from the sub-branches of accounts, Pepperstone offers three basic account types with different standards, pricing and features.
The Razor Account was always available since the inception of the brokerage firm along with a standard basic account. This account offers some more prominent features as opposed to a standard based-account but the pricing also varies with respect to it.
.
The standard account is the basic trading level account offered by Pepperstone which is preferable for more newbie level traders, as the expense and trading pips are relatively low
People sometimes are not happy with little profits with less risk and prefer going for the bigger shark so for that Pepperstone considered introducing the Active Trade Program. This account is for those who want to trade at a more higher volume than normal, meaning more money, more currency, bigger pay day or complete failure.
In our research of the account types offered by Pepperstone we found it does have its fair share of issues and problems, for instance the meta trader platform can only be utilized when opening a Razor Account where the most commission charges are accounted for, although deposits and pips are relatively low here, chances to earn in this account as compared to the others are different and people at times prefer the others over this one. So with that in mind we decided to score 3.8/5
Pepperstone provides almost all third-party based applications for trading and analysis, but the lack of a self-proprietary platform puts a dent on their amazing level of standards and protocols.
Pepperstone offers the full MetaTrader and cTrader suites, including MT4 and MT5 (desktop and web), cTrader (desktop and web), and cAlgo. Merchants can utilize either account type, Razor, or Standard, with any stage. The platforms come with the standard market analysis properties along with nearly 80 charting and graphing tools to choose from. The customization level of the application is simple and neat, coping with the preferences of multiple types of users as per needed.
For social duplicate exchanging, Pepperstone offers the MirrorTrader and RoboX stages from Tradency, and myFxbook for MetaTrader, close by cTrader and DupliTrade ($5,000 least surplus required). Pepperstone completed Best in Class in the Social Copy Trading and beats out any competitor in the Copy-Trading game by a landslide, helping it to be a force in the FX Trade Market
In lieu of the trading platform, our research found the broker offers quite a variety of trading tools and snippets to enhance the overall experience of the users. The Social Trade side has really made them stand out and are regarded as the best amongst the world in terms of social trading, and the moniker is not a hoax as our team was fascinated with the level of expertise found on the social platforms along with an enjoyable user experience. Based on these we decided to score Pepperstone a whooping 4.87/5
In terms of education and learning, Pepperstone does seem to lack behind it’s competition and being looked down upon by some of the elites such as Saxo Bank, IG Traders, CMC Markets etc. There primary focus seems to be more towards trading and having more experienced users associate themselves with their brokerage firm.
They do provide the standard articles and blogs published on their website for basic information regarding any market changes or future forecasting. Some of it is more advanced for the normal user and can sometimes push away newer traders or potential customers as they would look for their information at a different platform
Their video content is uploaded on social media channels such as Facebook, Twitter and their Youtube Channel. The videos themselves are a better alternative then the reading material as it is more properly explained by the experts with guidance and interactive procedures to help understand more about the Forex Trade Market.
In terms of education our team found that Pepperstone has a lot of catching up to do with regards to other brokers here. Not much can be found in terms of learning and research material and the statistic data found is mostly acquired from third parties, which in turn is hard to understand for some as well. On this account we decided to score 3.3/5 here
Daily Pivots: (S1) 1.2241; (P) 1.2282; (R1) 1.2323; More… GBP/USD is staying in range of 1.1932/2666 and intraday bias remains neutral. Outlook stays bearish as
Daily Pivots: (S1) 0.9634; (P) 0.9659; (R1) 0.9686; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. Another fall cannot be ruled out.
Daily Pivots: (S1) 135.50; (P) 136.10; (R1) 137.28; More… Intraday bias in USD/JPY remains on the upside at this point. Break of 61.8% projection of
Daily Pivots: (S1) 1.2886; (P) 1.2938; (R1) 1.2969; More… Intraday bias in USD/CAD remains neutral for consolidations first. Further rise will remain in favor as
Fill In Your Details To Get Registered For FREE Forex Training!
Pepperstone has lived up to its name by providing the best trading services. 10/10 recommended.
It was a pleasant experience to work with them initially, but after a while, it turned into my biggest regret. They absolutely failed to maintain the quality of their service.
Honestly this broker is the best in terms of its platform, they offer three types of trading platforms and all of them are equipped with multiple useful tools. 10/10 recommended.
They are a leading broker for a reason, not only their client support is great but their educational content is so helpful. Their consultants are quick and professionals.
Pepperstone has disappointed me so much, they used to have no issues initially but I have started facing withdrawal delays recently.
Bad experiance with this broker, Faced too much withdrawl issues.
They are a top broker for a reason; not only is their customer service excellent, but their instructional stuff is quite beneficial. Their consultants are efficient and knowledgeable. This broker is, without a doubt, the finest in terms of platform; they provide three different trading platforms, each of which is packed with a variety of essential features.
this broker has the greatest platform.They are a premier broker for a reason; not only is their customer assistance excellent
Worst. I tried to withdraw my funds and nothing happens. My withdrawal keeps on being cancelled
Good trading company. I am pleased with customer service and brokers who have been professional in dealing with me.
Fantastic broker company. Services are really pleasant and there are so many ways to earn money. I’ve got nothing to complain about, I am amazed and satisfied with the services.
Perfect and honest broker company. I really had a great time trading with this broker. Withdrawal is fast and services are all efficient.
Great broker, excellent services and good execution, most scalps done are executed instantly, with great profit opportunities. over all I am very satisfied.
I have never been this progressive on my trades before, with the help of this broker I have gained good profit. I get tools with so many useful features. I am able to withdraw profit also.
They have been supportive. I owe all my trading success to their dedication and efforts. Trading terms and pricing are fair enough.
I can definitely rely on their daily study provided to me. Accurate market forecast and signals. Although the software is confusing, they are patient in helping me understand the tools.