Peaksight licences

The account opening rules require a permanent residence in a country within the European Economic Area, and the client agreement separately excludes anyone who is not an EEA citizen or resident. US reportable persons are excluded outright. Residents of the United Kingdom and Switzerland fall outside the EEA and so outside the accepted set, although the firm does not name them.

On the published figures, nothing. Both list leverage up to 1:30, all assets, a 100 per cent margin call, a 50 per cent stop out, a minimum trade of 0.01 lots, a maximum of 50 lots and free support. The firm does not state what the Vip tier adds or what qualifies you for it, so ask before choosing one.

Up to 1:30, on both the Classic and the Vip account. That is the retail cap that applies to a European regulated firm rather than a figure the broker sets, and it is materially lower than the leverage offshore brokers advertise.

More than 160 CFDs across five asset classes: forex, indices, commodities, shares and cryptocurrencies. All instruments are contracts for difference, so you do not own the underlying asset.

Only its own, Peaksight Webtrader, which runs in a browser with no download and works across devices. MetaTrader 4, MetaTrader 5 and cTrader are not available, so Expert Advisors and existing MetaTrader setups cannot be carried over.

The firm does not publish a processing time for any payment method. What it does describe is the sequence: you submit a withdrawal request, the back office confirms your balance, your documents and that the funds are returning to the original method, and only then releases them. Treat the absence of a stated timeframe as a question to put to support before depositing.

The firm names credit, debit and prepaid cards, wire transfer and the Skrill e-wallet, and charges nothing on deposits. Withdrawals must go back to the method the money arrived by and to an account in your own name, and the trading account has to be verified first. Card and bank accounts must be established within the EU, or governed by equivalent standards elsewhere.

Yes, both. Wire transfer withdrawals cost 30 USD, EUR or GBP; card and e-wallet withdrawals are free. An inactivity fee of 30 EUR, USD or GBP per month starts after three consecutive months with no deposits, withdrawals or new positions. A further 10 EUR, USD or GBP can be deducted where there has been no or insignificant trading, or where your identity and address documents are outstanding.

There is no trading commission, so the spread is the main cost. Spreads are advertised from 0.03 pips. Positions held overnight pay a swap, with a three day rollover charged on Wednesdays. Commodities and indices carry a fixed overnight swap.

Peaksight does not publish one. Neither the trading accounts page nor the fee schedule nor the client agreement states a minimum to open or fund an account. Ask support to confirm it in writing before you deposit, since an unpublished figure can change without notice.

Nothing found in this review supports that. The company exists as claimed, the licence and the operating entity are the same name, and the registered address on the site matches the official companies register exactly. The honest caution is not fraud but youth and thin disclosure: the firm has been licensed for under three years and does not publish a minimum deposit.

Peaksight Ltd, a private limited company incorporated in Cyprus on 18 April 2022 under registration number HE 433420. The company appears on the Cyprus companies register with status Active, four named directors and a named company secretary. Its registered office is in Larnaca and its stated business address is in Limassol.