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The WikiFX Score of this broker is reduced because of too many complaints!

Peak Markets

Saint Lucia|1-2 years|
Suspicious Regulatory License|White label MT5|Global Business|High potential risk|

https://www.peakmarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

8
Server Name
PeakMarkets-Demo MT5
Server Location United Kingdom

Contact

+212 2710067
support@peakmarkets.com
https://www.peakmarkets.com/
Maslak Mahallesi, Sümer Sokak, Ayazağa Ticaret Merkezi, No:3/14, Şişli, 34398 Sarıyer/İstanbul
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
Saint Lucia
Operating period
1-2 years
Company Name
Peak Markets LTD.
Abbreviation
Peak Markets
Company employee
--
Customer Service Email Address
support@peakmarkets.com
Contact number
002122710067
Company address
Maslak Mahallesi, Sümer Sokak, Ayazağa Ticaret Merkezi, No:3/14, Şişli, 34398 Sarıyer/İstanbul
Keywords 5
1-2 years
Suspicious Regulatory License
White label MT5
Global Business
High potential risk

MQ3758

Ireland

I invest in peak markets, with support from a person named Bá Long. This person reported a problem with the deposit gateway, so if I want to deposit, I have to go through him. I sent him a deposit of $1000 and received a bonus of $500 added to my account, but when I tried to withdraw, I didn't receive the $1500. When I messaged and called to ask for the money back, Bá Long didn't respond, deleted the history, and blocked me. Everyone, stay away from this unreliable platform, as their support staff embezzles money from customers like me!

Exposure

11-14

Thao Kimngan

Vietnam

I placed a withdrawal order to withdraw money from the date of July 31st until now, but I still haven't been able to withdraw the money. I called the hotline number of the exchange, followed all the requirements of the exchange, and also provided all the necessary documents as requested by the exchange, but the exchange still does not allow me to withdraw money. Currently, when I call the hotline number of the exchange, no one answers the phone.

Exposure

08-09

LêThịVui

Vietnam

I was invited to participate in off-exchange investment. At first, I deposited 1000 USD with 1:1 expert support. Every day, I follow the expert's orders. There are some profitable orders and some losing orders. I think it's normal to have profits and losses in investment. So when I saw a large losing order, I asked the expert to cut the loss, but they refused and asked me to deposit more to hold the position. After 4 deposits, the amount I deposited increased to 9000 USD. When I proactively cut one losing order, the expert called and demanded that I not cut it. When I asked, they always replied that it was fine. But when my order reached a loss of 71,000 USD, they asked me to deposit an additional 20,000 USD to maintain the account. At this point, I feel like I have been trapped and cannot control my account. The volume I requested was small, but when I didn't trade the full volume, the expert would call and urge me to trade the full volume. On 33+31/7, despite having a large profit, the actual status of the orders was still negative, so there was no money in the account for me to withdraw. I hope all investors are cautious.

Exposure

08-08

Thao Kimngan

Vietnam

This platform deceives and misappropriates the assets of investors. Withdrawal requests are not approved, and the platform has no right to hold investors' funds. Withdrawals are slow, and when calling the hotline, they do not answer or provide unreasonable reasons. I have followed all the required procedures, but the platform still does not resolve the issue. When calling the platform, they do not answer. They deduct money from my account even though I did not make any trades or modify my trading orders.

Exposure

08-08

thái485

Vietnam

The exchange said my withdrawal order was error-prone, I had to place an order with the code EURTRY_ to validate the withdrawal and the order closed automatically after a few minutes. They said the money would arrive within the same day. I waited and didn't see the money coming back. I tried to contact them again but it didn't work. The person who contacted me denied it, saying it was someone from Fonory. They deleted the previous contact chat and denied any involvement. Blatant fraud. One day he said he was helping me withdraw money, the next day he said he was from another exchange.

Exposure

06-26

thuan8711

Vietnam

Giving orders against the trend, leading to a negative account. Then deposit money into account. When I wanted to withdraw money, it was refused.

Exposure

06-14

Trần Quân

Vietnam

I deposited a few accounts of $7,000 from the exchange to buy the Zurich stock code during the offer. And IB helps me place orders for currency pairs to surf. IB 5 times 7 requests to deposit more money to save that stock code. I did not agree. On April 12, 2024, the stock code paid dividends and I received $11,000 the stock code had a negative loss of $6,000 after paying dividends. I stopped the order and requested to withdraw the entire remaining amount, but the floor suspended my withdrawal order for the reason of the bonus. And if you want to get it back, you must have enough trading volume, I did not agree. The exchange proactively placed orders, leading to my account burning on April 18, 2024

Exposure

04-18

hồng6248

Vietnam

I was invited to invest with a commitment of 10% profit per week, on April 8, 2024 I deposited 2000 USD, on April 10, 2024 I deposited another 2000 USD, on April 15, 2024 My account was liquidated, all transactions are supported by the trading floor.

Exposure

04-16

minh509

Vietnam

The exchange arbitrarily cut orders, it's so boring that this exchange's support is useless. If you give a negative order of 10 prices, do not report a cut, if you get a profit of 1 price, report immediately.

Exposure

04-10

9
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Official website

Website

  • peakmarkets.com

    Server Location

    United States

    Website Domain Name

    peakmarkets.com

    Server IP

    104.21.75.235

Company Summary

Peak MarketsReview Summary
Founded2017-04-09
Registered Country/RegionSaint Lucia
RegulationUnregulated
Market InstrumentsForex/Commodities/Stocks/Cryptocurrencies/Indices
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformWebtrader/MT5(Android/IOS/MacOS/Desktop)
Min Deposit/
Customer SupportPhone number: +212 2710067
Email: support@peakmarkets.com
Instagram/Facebook/Twitter/LinkedIn

Peak Markets Information

Peak Markets is a broker. The tradable instruments with a maximum leverage of 1:1000 include forex, commodities, stocks, cryptocurrencies, and indices. The broker also provides five accounts. The minimum spread is from 0.0 pips. Peak Markets are still risky due to its unregulated status, high leverage, and bad reviews about difficulty withdrawing money.

Peak Markets Information

Pros and Cons

Pros Cons
MT5 availableUnregulated
Swap freeInaccessible official website
24/7 customer supportNo deposit and withdrawal information
Various tradable instrumentsNegative comments about difficulty in withdrawal

Is Peak Markets Legit?

Peak Markets is not regulated, making it less safe than regulated brokers.

Is Peak Markets Legit?
Is Peak Markets Legit?

What Can I Trade in Peak Markets?

Peak Markets offers a wide range of market instruments, including forex, commodities, stocks, cryptocurrencies, and indices.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Indices
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade in Peak Markets?

Account Type

Peak Markets has five account types: standard, fixed, VIP, Zero, and Crypto. Traders who want low spreads can choose a zero account.

Account Type StandardFixedVIPZeroCrypto
Spreads from1.2 pips1.5 pips0.6 pips0.0 pipsRaw
Commission$0$0$0$0-$10$0-$10
Max. Leverage1:10001:10001:10001:10001:1000
Min. Lots0.010.010.010.010.01
Swap Free
Promotions

Peak Markets Fees

The spread is from0.0 pips, the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Peak Markets cooperates with the authoritative MT5 trading platform available in Android, IOS, MacOS, and desktop to trade. Webtrader is also available. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.

Trading PlatformSupported Available Devices Suitable for
MT5Android/IOS/MacOS/DesktopExperienced traders
WebtraderWeb-
Trading Platform
Trading Platform

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • White label MT5
  • Global Business
  • High potential risk

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