Thread: Pepperstone Forex.

I tried trading with them but my ECN robot did not work, I later found out that this was because they don't let you set your stop loss under the current price it must be 2 pips away.

Based in these limits and some of the strange pricing around the numbers I really don't believe that they are an ECN, I'm pretty sure they just say this in their marketing. I later found another broker in Australia IC Markets who claim to be an ECN and tired my robot with them and it worked fine, what's more there were no stop loss limits with IC Markets.

I would not bother with Pepperstone go with a true ECN like IC Markets.