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Score

1.30 /10
Danger

Peak Forex

United States Virgin Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://www.peak-forex.net

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Regulatory Index0.00

Business Index5.37

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 001299345) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Peak Forex · Company summary
Peak Forex Review Summary
Founded2022-09-08
Registered Country/RegionUnited States Virgin Islands
RegulationSuspicious Clone
Market InstrumentsFutures
Trading PlatformPeak Forex
Customer SupportPhone: +886987194637
Email: cs@peak-forex.net

Peak Forex Information

Peak Forex is a futures community trading platform, providing VST for simulated trading only.

Peak Forex Information

Pros and Cons

Pros Cons
Proprietary futures platforms availableSuspicious Clone

Is Peak Forex Legit?

ASIC regulatesPeak Forex, but the current status is Suspicious Clone, which is risky.

Is Peak Forex Legit?
Is Peak Forex Legit?

What Can I Trade on Peak Forex?

Peak Forex provides futures for trade.

Tradable Instruments Supported
Futures✔

Peak Forex Fees

The overnight fees are 0 and handling fees are free.

Peak Forex Fees

Trading Platform

Peak Forex is a proprietary futures trading platform that is not as authoritative as MT4/MT5.

Trading PlatformSupported
Peak Forex✔

Customer Support Options

Traders can contact Peak Forex via email and phone.

Contact Options Details
Phone +886987194637
Email cs@peak-forex.net
Supported Language Chinese (Traditional)
Website Language Chinese (Traditional)
Physical Address 201 27 Church Ave Mascot NSW 2020
Customer Support Options

User Reviews

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User comment

2

Comments

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FX1607060732
more than one year
I started trading with Peak Forex in early November and deposited around $5,000 with the broker. Everything seemed fine at first. However, towards the end of November, when I tried to withdraw a profit of $1,000, things took a turn. Their trading department sent me a notification email stating that my account had been suspended, and all profits were canceled.
I started trading with Peak Forex in early November and deposited around $5,000 with the broker. Everything seemed fine at first. However, towards the end of November, when I tried to withdraw a profit of $1,000, things took a turn. Their trading department sent me a notification email stating that my account had been suspended, and all profits were canceled.
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2024-01-23 19:12
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Rttyuu
more than one year
Stay away from this broker, Peak Forex. They arbitrarily impose restrictions and lower your leverage without any apparent reason. I appreciated their benefits initially, but once you receive an email stating that you're restricted, they will never assist you in trading with them again. It seems like they take advantage of their position, possibly due to having a large customer base.
Stay away from this broker, Peak Forex. They arbitrarily impose restrictions and lower your leverage without any apparent reason. I appreciated their benefits initially, but once you receive an email stating that you're restricted, they will never assist you in trading with them again. It seems like they take advantage of their position, possibly due to having a large customer base.
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2024-01-01 23:28
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