Pepperstone - Brokerage Application

BOOK MARK THIS PAGE FOR YOUR REFERENCE (we do not link to it) and it contains some very important information and documents for opening your account. Pepperstone is a very reputable, well capitalized, and stable brokerage based in Melbourne, Australia. They are heavily regulated by the ASIC regulatory body in Australia. Please follow the instructions below in detail to complete your brokerage application. * NOTE: if you are having any problems downloading any documents on this page, you can right click on their link, and choose “save link as” or “save target as” and save the document to your PC this way.

Here are some important tips to read before starting the application.

  • GETTING HELP: Listed below are step by step instructions which will guide you through the entire account opening process with Pepperstone. If you still have questions or require further clarification, please contact us at [email protected] and we will be happy to assist you. Once your account has been approved Pepperstone will send you detailed instructions on how to fund your account.
  • USA ECPs: These programs are not open to retail USA-resident clients at Pepperstone at the moment, unless the client can qualify as an ECP (eligible contract participant). If you would like to apply as an ECP, please download and complete and sign Pepperstone’s ECP Attestation Form -> HERE. You will need to indicate which criteria you fall under as an ECP. Please check all required boxes that apply. Once complete send this in with your application and LPOAs to the email mentioned below ([email protected]) and indicate that you are applying as an ECP client. You can cc us on the application so we are aware of the application and can assist with Pepperstone compliance if required.
  • MINIMUM INVESTMENT: The minimum investment to participate with these managed FX programs is 5K USD for all programs, with the exception of Figaro FX, which has a minimum of 2.5K USD. These minimums are set for no reason other than to ensure that the smallest trades get filled on all sub-accounts.
  • ACCOUNT TYPES AND HARD COPY APPLICATIONS: The account types available at Pepperstone which investors may open include Individual Accounts, Joint Accounts, Corporate Accounts, and Trust Accounts. All are available in hard copy as a PDF download, and the Individual Account application is available as an Online Application which is very quick and easy to complete!
  • *** EXISTING CLIENTS AT PEPPERSTONE: If you are an existing client at Pepperstone, it is very easy to participate with us. You simply need to open additional accounts. You do not need to go through compliance again. To do this, you must request an Additional Account from your Pepperstone Client Panel (https://pepperstone.com/clients/client-forms.php). Your new account should be approved within 24 hours. When you receive your new account number, you can finish completing the the LPOAs (available below) and submit them to [email protected] to complete the application. You must have a unique trading account and submit a unique LPOA for each Managed Trading Program that you wish to participate in.

 

STEP 1. Completing the Account Application

To open your brokerage account up at Pepperstone and start trading with us, you must first complete an account application, then send in the required pieces of support documentation, fund your account(s) and then sign the required LPOA (limited power of attorney) / MAM Agreement (which are all provided below). These instructions are here to make the sign-up process as easy as possible and to guide you through the application.

Pepperstone Application(s) and Online Application

The applications can be found by clicking this link: PEPPERSTONE APPLICATIONS.

Choose which application corresponds to the type of account you would like to open. The online application can be found in the Individual Account block by clicking the “Apply Online” button. Most people prefer opening a personal account with the online application for speed and ease. Please complete the sections on the application to the best of your ability or contact us if you require help.

NOTE: In the 4th section, you will be asked to set up a username and password for your Secure Client Area login. Please take note of this and save it for your records. Below this you will find the Trading Account Settings. Please set this up as follows…

On the final page, you will need to provide your disclosure documentation as part of the Australian Anti-Money Laundering Act. You will need to provide a proof of residential address document (i.e., a utility bill) and proof of identity document (i.e., a drivers license or passport etc..) before your application will be approved. They have indicated the requirements for these documents on the last page of the online application (as well as in the hard copy applications). There are a few different options, and you can either upload them directly to their website, or you can email, post, or fax them to Pepperstone if you prefer.

 

STEP 2. LPOAs (Limited Power of Attorney)

After your account(s) have been approved and created, you must also download and complete the appropriate LPOAs - based on the total dollar size of your investment (indicated below). You will need one LPOA document for each account you wish to have traded. So you if you want to participate in the Valor FX program, the ArcFX program, and the Stone Fund, you will need to download one LPOA for each of them. These documents allow our managers to trade the accounts on your behalf.

LPOA Downloads for Arc FX
1. 35% LPOA (to be used for account sizes between $5K - $150K USD in size)
2. 32.5% LPOA (to be used for account sizes between $150K - $1M USD in size)
3. 30% LPOA (to be used for account sizes greater than $1M USD in size)

LPOA Downloads for Valor FX
1. 35% LPOA (to be used for account sizes between $5K - $150K USD in size)
2. 32.5% LPOA (to be used for account sizes between $150K - $1M USD in size)
3. 30% LPOA (to be used for account sizes greater than $1M USD in size)

LPOA Downloads for Figaro FX
1. 35% LPOA (to be used for account sizes between $2.5K - $150K USD in size)
2. 32.5% LPOA (to be used for account sizes between $150K - $1M USD in size)
3. 30% LPOA (to be used for account sizes greater than $1M USD in size)

LPOA Downloads for Stone Fund
1. 35% LPOA (to be used for account sizes between $5K - $150K USD in size)
2. 32.5% LPOA (to be used for account sizes between $150K - $1M USD in size)
3. 30% LPOA (to be used for account sizes greater than $1M USD in size)

Once these have been downloaded and completed, they can be returned to Pepperstone at one of the following coordinates (as indicated on the documents themselves):

* IMPORTANT: After your accounts have been approved, you will be provided with wire transfer instructions to be able to fund your account. Once your account is funded, you are then ready to begin trading with us. If you are participating in multiple programs with us, you must simply instruct Pepperstone to open multiple accounts and distribute your funds internally between any of your accounts proportionally as you would like to distribute/diversify them (assuming you have more than one account). For example, if you invested 50K, and wanted to put 20K into Valor FX strategy, and 15K into Arc FX, and 15K into Stone Fund, you must contact Pepperstone and notify them to distribute the funds between your accounts accordingly. This is done by contacting customer support at Pepperstone and requesting them to distribute your funds for you. You can also open additional accounts and transfer funds between them yourself by accessing the Additional Accounts Form, and the Internal Funds Transfer Form found on this page: https://pepperstone.com/clients/client-forms.php.

Should you have any questions or concerns in completing this application, please do not hesitate to contact us at any time.

Respectfully Yours,
The Managed Forex Hub team.