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Pepperstone Spread Betting Account Commission - How much?
from Pepperstone Account
by Jone Eva
Spread betting on Pepperstone lets UK and Irish clients speculate on markets tax‑efficiently, paying only the spread rather than separate commissions. Here’s how spread betting costs break down and what you can expect when trading in 2025.
Open your Pepperstone Spread Betting account now and start betting on spreads!

How Spread Betting Costs Work
With spread betting, you choose a stake in your home currency (for example, £2) per point (or pip) of price movement. There is no separate commission fee—your cost is entirely embedded in the spread.
For example, if the FTSE 100 spread is 1.0 point and you stake £2 per point, your round‑trip cost is £2 × 1.0 = £2.
Typical Spread Examples and Costs
FTSE 100: Spread is typically around 1.0 index point. At £2 per point, that costs £2 round‑turn.
EUR/USD: Spread averages about 0.6 pips. At £2 per pip, that costs £1.20 round‑turn.
Gold (XAU/USD): Spread can be around 0.3 points. At £2 per point, that costs £0.60 round‑turn.
US500 (S&P 500): Spread averages about 0.4 points. At £2 per point, that costs £0.80 round‑turn.
Note that spreads may widen during major news events or low‑liquidity sessions.
Why “No Commission” Is Simple and Transparent
One‑Cost Structure: Beginners only see the spread cost—they enter the stake and know exactly what they pay.
Lower Overall Costs: With raw spreads on Razor, effective costs can be minimal—e.g. £0.60 round‑turn on gold at a £2 stake.
No Hidden Fees: Pepperstone does not charge additional commissions, inactivity fees, or deposit/withdrawal fees.

Factors That Influence Spread Betting Costs
Market Liquidity: Spreads are tightest during the London–New York overlap and widen in Asian or late US sessions.
Volatility: Economic data releases (e.g. UK GDP, US nonfarm payrolls) can temporarily widen spreads.
Instrument Type: Major forex pairs and large‑cap indices have the narrowest spreads; exotics and small‑cap shares are wider.
How to Open a Pepperstone Spread Betting Account
Sign Up
Click the link below and choose “Spread Betting” as your account type.
Verify Your Identity
Upload a government‑issued ID and proof of address to meet FCA requirements.
Fund Your Account
Deposit via credit/debit card, bank transfer, or e‑wallet. Pepperstone charges no funding fees.
Place Your First Spread Bet
Select your market, enter your stake per point, and click “Buy” or “Sell.” Monitor your profit/loss in real time.
Open your Spread Betting account today and begin trading with tax‑efficient spreads!
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