Home -
Peak Markets -

Score

1.22 /10
Danger

Peak Markets

Saint Lucia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.peakmarkets.com

Add brokers

Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.79

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Peak Markets LTD.

Company Abbreviation

Peak Markets

Platform registered country and region

Saint Lucia

Company website

X

Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-01-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Place orders indiscriminately, do not allow withdrawals

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

2024-06-14 22:18
Unable to Withdraw

Request a refund

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

2024-04-18 23:06
Scam

The exchange and the support staff collude to withhold customers' funds.

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!

2024-11-14 21:53
Resolved

Withdrawals are not allowed. The hotline number of the exchange is not answered.

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.

2024-08-09 14:03
Scam

Arbitrarily cut orders

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.

2024-04-10 16:34
Scam

Allowing random orders—not allowing closing losing orders

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.

2024-08-08 16:31
Unable to Withdraw

The exchange trapped me when I withdrew money.

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.

2024-06-26 13:27
Unable to Withdraw

Reported that the exchange does not allow withdrawals

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.

2024-08-08 12:33
Others

Request a refund with a profit guarantee

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.

2024-04-16 07:13
    Peak Markets · 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
    MT5✔Android/IOS/MacOS/DesktopExperienced traders
    Webtrader✔Web-
    Trading Platform
    Trading Platform

    User Reviews

    More

    User comment

    4

    Comments

    Write a review

    MQ3758
    0-3months
    Tôi đầu tư sàn peak markets, người hỗ trợ tên Bá Long. Bạn này báo lỗi cổng nạp tiền, muốn nạp thì thông qua bạn ấy, tôi có gửi bạn ấy nạp 1000$ và hưởng bonus 500$ cộng vào tài khoản, nhưng khi tôi rút thì không nhận được khoản tiền 1500$ kia đâu. Khi tôi nhắn tin, gọi điện để xin lại số tiền kia thì Bá Long không trả lời, xóa lịch sử và chặn. Mọi người tránh xa sàn không uy tín, nhân viên hỗ trợ ăn chặn tiền của khách này nhé!
    Tôi đầu tư sàn peak markets, người hỗ trợ tên Bá Long. Bạn này báo lỗi cổng nạp tiền, muốn nạp thì thông qua bạn ấy, tôi có gửi bạn ấy nạp 1000$ và hưởng bonus 500$ cộng vào tài khoản, nhưng khi tôi rút thì không nhận được khoản tiền 1500$ kia đâu. Khi tôi nhắn tin, gọi điện để xin lại số tiền kia thì Bá Long không trả lời, xóa lịch sử và chặn. Mọi người tránh xa sàn không uy tín, nhân viên hỗ trợ ăn chặn tiền của khách này nhé!
    Translate to English
    +1
    2024-11-14 21:53
    Reply
    0
    0
    Thao Kimngan
    3-6months
    tôi rút tiền đặt lệnh để rút từ ngày 31/7 đến nay tôi vẫn chưa rút dc tiền gọi số hotline của sàn và cũng đã làm theo tất cả yêu cầu của sàn cũng cung cấp đầy đủ giấy tờ sàn yêu cầu nhưng sàn vẫn không Cho rút tiền.hiện nay tôi gọi điện cho số hotline của sàn không ai nghe máy không ai trả lời
    tôi rút tiền đặt lệnh để rút từ ngày 31/7 đến nay tôi vẫn chưa rút dc tiền gọi số hotline của sàn và cũng đã làm theo tất cả yêu cầu của sàn cũng cung cấp đầy đủ giấy tờ sàn yêu cầu nhưng sàn vẫn không Cho rút tiền.hiện nay tôi gọi điện cho số hotline của sàn không ai nghe máy không ai trả lời
    Translate to English
    2024-08-09 14:03
    Reply
    0
    0
    9