Can I trade perpetual CFDs from Australia?
Verdict
- Pepperstone Group Limited, which serves Australians under ASIC licence AFSL 414530, lists and prices 17 perpetual CFDs on its Australian site, and Pepperstone is where we would trade them.
- What the site does not say is whether retail clients can trade them; Pepperstone's UK arm limits them to professional clients, so get a written answer before you deposit.
- If retail access is closed, the wholesale (Pro) route needs either the sophisticated-investor tests or AUD 2.5 million in net assets or AUD 250,000 a year in income, with an accountant's certificate.
- We found no other broker in our data offering perpetual CFDs to Australians.
The product is on the Australian site; access is the open question. This page covers who would serve you, how to settle eligibility in one call, and what changes if you have to become a Pro client.
Yes on the product, unconfirmed on retail access
Pepperstone's Australian costs page prices 17 perpetuals: NAS100, US500, GOLD, WTOIL, BRENTOIL and 12 single stocks. That puts it ahead of every other broker in our data, none of which publishes a perpetual product. The open point is eligibility, and it is a quick one to close.
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Who you would be dealing with
Pepperstone Group Limited, ACN 147 055 703, Level 16, Tower One, 727 Collins Street, Melbourne. Its risk warning points clients to a Target Market Determination and a Product Disclosure Statement dated August 2026. Retail money is held in segregated accounts at top-tier banks, and retail clients have negative balance protection. No compensation scheme is named, so the strength of the firm and the segregation rules are your main protection.
How to settle eligibility in one call
- Ring Pepperstone on 1300 033 375.
- Ask whether perpetual CFDs are open to retail clients in Australia, or to wholesale clients only.
- Ask for the margin requirement on each perpetual you plan to trade.
- Ask which account types and platforms you can use them on.
- Request the answers by email so you have them in writing.
Retail or wholesale: what changes
| Retail client | Pro (wholesale) client | |
|---|---|---|
| Negative balance protection | Full: a negative balance is restored to zero | One-time, up to USD 100,000 |
| Major index leverage (ordinary CFDs) | 1:20 | 1:400 |
| Gold leverage (ordinary CFDs) | 1:20 | 1:500 |
| Share CFD leverage | 1:5 | 1:20 |
| Perpetual access on Australian pages | Not stated | Not stated (UK: Pro only) |
Funding the account from Australia
You can hold the account in AUD, USD, EUR, GBP, SGD or HKD. PayID, BPAY, cards, PayPal, Apple Pay and Google Pay start at $10, and all deposits and withdrawals on the Australian table are free; PayID and card withdrawals take up to two business days.
Sources
From Pepperstone's Australian site.
Is Pepperstone licensed in Australia?
Yes: Pepperstone Group Limited holds AFSL 414530, is regulated by ASIC and is based in Melbourne.
Which perpetuals appear on Pepperstone's Australian site?
AMD, BRENTOIL, CXMT.CN, DRAM, GOLD, GOOGL, MSTR, MU, NAS100, NVDA, SKHYNIX.KR, SMSN.KR, SNDK, SPCX, TSLA, US500 and WTOIL.
Can I trade perpetuals from Australia with Capital.com?
Capital.com serves Australians under AFSL 513393, but our data shows no perpetual CFD product from it.
Trading CFDs with leverage can wipe out your deposit fast, because losses grow as quickly as gains. CFDs are complex instruments and are not suitable for everyone. Nothing here is investment advice, and broker terms change, so confirm them on the broker's own site.