| Online Broker | Markets | Scalping & EAs | Smart Trader Tools | All Platforms |
|---|---|---|---|---|
| Pepperstone | 1000+ Markets | ✓ Scalping & EAs | Pepperstone offers a suite of trading tools to enhance MT4 and MT5 Smart Trader Tools | MT4, MT5, cTrader, TradingView All Platforms |
Pepperstone Offers a Suite of Tools for MT4 & MT5
FCA (UK), ASIC (Australia), CySEC (Cyprus), BaFin (Germany), CMA (Kenya), SCB (Bahamas) and DFSA (Dubai) regulated broker Pepperstone is offering a suite of trader tools for MT4 and MT5 which aim to help with trading and decision making. The tools may support various kinds of trading on MT4 and MT5, including scalping, trading on liquidity and other events and trading on the tick chart. It also provides support for technical indicator use.
What is Smart Trader Tools ?
This is a suite of apps designed to help the trader get more out of MT4 and MT5. It contains:
| Smart Trader Tool | What It Does |
|---|---|
| Alarm Manager Smart Trader Tool | An Alarm Manager for alerts and notifications What It Does |
| Correlation Matrix Smart Trader Tool | Correlation Matrix aims to give insight into market exposure and risk, by showing assets with correlations between them and other markets; this can help avoid trade duplication, as it can show which assets are behaving in a similar way What It Does |
| Correlation Trader Smart Trader Tool | Correlation Trader lets traders compare different markets, by showing differences and similarities in market correlations What It Does |
| Excel RTD Smart Trader Tools | Excel RTD displays account and pricing data, this also lets the trader use Visual Basic for Applications, which enables market orders to be executed based on models What It Does |
| Market Manager Smart Trader Tool | Market Manager allows account management, giving a snapshot of account activity without accessing the full MetaTrader terminal What It Does |
| Connect Smart Trader Tool | Connect provides a suite of tools such as an RSS News Feed and access to Pepperstone's other tools, such as its trading guides What It Does |
| Trade Terminal Smart Trader Tool | Trade Terminal is for fast order execution and analysis What It Does |
| Mini Terminal Smart Trader Tool | Mini Terminal provides the functionality of the full Terminal but for one market What It Does |
| Sentiment Trader Smart Trader Tool | Sentiment Trader gives a guide to market sentiment What It Does |
| Trade Simulator Smart Trader Tool | Trade Simulator is to test strategies on past prices What It Does |
| Session Map Smart Trader Tool | Session Map shows real time market sessions for Sydney, Tokyo, London and New York and includes news events related to sessions; this can help with trading on liquidity events, for example when markets open, close or overlap What It Does |
| Stealth Orders Smart Trader Tool | Stealth Orders lets the trader hide their pending orders from other market participants What It Does |
| Tick Chart Trader Smart Trader Tool | Tick Chart Trader lets the trader place trades at peaks or drops in the tick chart, for scalpers and those needed precise entry points What It Does |
| Indicator Tools Smart Trader Tools | A set of technical indicators and tools to help with indicators What It Does |
What are the Indicator Tools ?
These are a set of additional technical indicators to be used for analysing markets and further tools to help with indicators and charting analysis.
| Indicator Tool | What It Does |
|---|---|
| Bar Changer Indicator Tool | Bar Changer is an offline version of a chart which can be modified What It Does |
| Candle Countdown Indicator Tool | Candle Countdown shows the time left in a given candle What It Does |
| Chart Group Indicator Tool | Chart Group allows charts of one currency pair to be grouped, to help workflow What It Does |
| Chart-In-Chart Indicator Tool | Chart-In-Chart lets price action be compared in one chart with other markets What It Does |
| Donchian Indicator Tool | Donchian which is a channel indicator used for analysing trends and identifying ranges What It Does |
| Freehand Drawing Indicator Tool | Freehand Drawing enables drawing directly on the chart What It Does |
| High-Low Indicator Tool | High-Low shows the high and low of a particular period What It Does |
| Gravity Indicator Tool | Gravity identifies possible support and resistance What It Does |
| Keltner Indicator Tool | Keltner is a channel indicator based on the ATR indicator What It Does |
| Magnifier Indicator Tool | Magnifier allows the trader to create a window within the chart to be resized and moved What It Does |
| Mini Chart Indicator Tool | Mini Chart lets the trader crate mini charts within one chart (e.g. for different timeframes or markets) What It Does |
| Order History Indicator Tool | Order History displays past trades with profit and losses What It Does |
| Pivot Indicator Tool | Pivot shows market pivot points What It Does |
| Renko Indicator Tool | Renko overlays Renko bars onto the chart, to focus on market movement and changes in prices What It Does |
| Symbol Info Indicator Tool | Symbol Info is a mini window with price change data for a market What It Does |
How does the trader get the Smart Trader Tools ?
The trader needs to open an account with Pepperstone, if they do not already have one, which requires a minimum deposit of £200 or AU$/$200. They then need to contact their account manager. To get the tools a minimum account balance of AU$500 or equivalent is required. Visit: Pepperstone and find out more.
What platforms to trade does Pepperstone provide ?
As well as MT4 and MT5, Pepperstone also offers cTrader, which provides Level II pricing among other features, as well as TradingView. All its offered platforms support automated trading, including TradingView.
What kind of trading does Pepperstone offer ?
Pepperstone is a broker with a focus on Forex which has expanded to other markets, including 1000+ Stock CFDs, which connects MT4 and MT5 with Interbank liquidity using EDGE technology, utilising optical fiber connections. So it aims to deliver very rapid order processing with low prices and no dealing desk intervention. Thus EAs and scalping are allowed.
What markets does Pepperstone offer ?
Forex, Metals, Energy, Soft Commodities, Cryptocurrencies, Indices and Stocks CFDs, for a total of 1000+ instruments (availability subject to regulation).
What account currencies are available at Pepperstone ?
Accounts are available in: AUD, USD, GBP, EUR, CAD, JPY, NZD, CHF, SGD and HKD.
What kinds of Forex spreads are available at Pepperstone ?
Pepperstone offers variable spreads. For Forex these can be either very low spreads (from 0.0 for EUR/USD, with an average of 0.13) with a commission charge added or they can be commission free Forex spreads with a mark up. This means that the commission free spread for EUR/USD is 1, with an average of 1.13.
Pepperstone charges a commission of $3.76 or £2.29 per lot per side on the Razor account for MT4 and $3.5 or £2.29 for MT5, depending on the account currency. cTrader commissions are 7 units per lot round trip of the first quoted currency in the traded currency.
Is Pepperstone regulated ?
Pepperstone is regulated in the United Kingdom by the FCA, in Australia by the ASIC, in Cyprus by the CySEC, in Germany by the BaFin, in Kenya by the CMA, in the Bahamas by the SCB and in Dubai by the DFSA.
Why Pepperstone Smart Trader Tools ?
Pepperstone Smart Trader Tools offer a range of ehanced features for MetaTrader, both MT4 and MT5. The trader can find additional tools to assist them while trading as well as more indicators to help with the wide range of trading styles Pepperstone supports.
