Who owns Pepperstone?

Pepperstone is run by Pepperstone Markets Limited, Bahamas. It holds a licence from SCB (SIA-F217). The company is private (FX Group Holdings / Fiona Lock & Tamas Szabo group majority).

Ultimate ownerPepperstone Group Limited (private (FX Group Holdings / Fiona Lock & Tamas Szabo group majority; founders Owen Kerr & Joe Davenport reported ~40%))
Operating companyPepperstone Markets Limited, Bahamas · reg. 177174 B
LicensesSCB SIA-F217 offshore
Websitepepperstone.com
Sister brokers0
Fines and actions3
Owner proofverified
Last checked14 Oct 2026

In numbers

  • 3 regulator fines against the owner since 2014.

Licences

RegulatorTypeValidCheck it
SCB
SIA-F217
offshore
—activeregister

About Pepperstone Group Limited

Melbourne-founded CFD broker. Private equity firm CHAMP bought 60% in 2016 and sold in 2018 to a group led by Fiona Lock and CEO Tamas Szabo. Runs a Bahamas entity for international clients.

Headquarters: Australia · Founded: 2010 · Ownership: private (FX Group Holdings / Fiona Lock & Tamas Szabo group majority; founders Owen Kerr & Joe Davenport reported ~40%)

How we know, and what we could not confirm

How we know: The global /en site footer names Pepperstone Markets Limited (Bahamas, SCB SIA-F217) as operator, i.e. international clients go offshore. Pepperstone's support page lists FCA, ASIC, CySEC, DFSA, CMA, SCB, BaFin as regulators.

Regulator fines

DateCompanyRegulator / courtAmountReason
2023-11-09Pepperstone Group LimitedASIC—Self-reported CFD leverage above ASIC's product-intervention caps; part of AU$4.3m remediation paid by seven issuers to 1,500+ clients (remediation, not a fine). source
2021-02-08Clone: 'Pepperforeign' / pepperforeign.comFCA—CLONE WARNING - impostor imitating Pepperstone; not Pepperstone's fault. source
2014-10-13Pepperstone Group LtdASIC—After ASIC inquiries found it served Japanese clients without a Japanese licence, Pepperstone agreed to exit Japan by 31 Dec 2014. source

Ratings elsewhere

Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.

Questions and answers

Who owns Pepperstone?

Pepperstone Markets Limited runs it.

Is Pepperstone licensed?

Yes. Its operator Pepperstone Markets Limited holds a licence from SCB (SIA-F217).

Has the owner of Pepperstone been fined?

3 records on file. The latest: ASIC, 2023-11-09.

Sources

Last checked 14 Oct 2026. How we check facts. CFDs are complex. Most retail accounts lose money.