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Peaksight

WikiFX | 2024-11-11 16:24

Abstract:Peaksight Ltd., incorporated in 2022 and authorised by CySEC, offers Forex, commodities, indices, and stocks CFDs. Retail and professional accounts have variable leverage and easy WebTrader access.

Peaksight Review Summary
Founded2022
Registered Country/RegionCyprus
RegulationCyprus Securities and Exchange Commission (CySEC), License No. 440/23, Straight Through Processing (STP) License
Market InstrumentsForex, Commodities, Crypto, CFDs, Indices, Stocks (no ETFs)
Demo Account/
LeverageUp to 1:30 (retail), Up to 1:400 (professional)
Spread/
Trading PlatformPeaksight WebTrader (supports Desktop, Tablet, Mobile)
Min Deposit/
Customer SupportEmail: info@peaksightltd.com

Peaksight Information

Peaksight Ltd., incorporated in 2022 and authorised by CySEC, offers Forex, commodities, indices, and stocks CFDs. Retail and professional accounts have variable leverage and easy WebTrader access.

Peaksight Information

Pros and Cons

Pros Cons
Regulated by CySECIncomplete details on spreads
No deposit feesWithdrawal fees on wire transfers
Inactivity fees after 3 months

Is Peaksight Legit?

Subject to Cyprus Securities and Exchange Commission (CySEC) rules, Peaksight Ltd. holds a “Straight Through Processing (STP)” licence. The licence number is 440/23; it will expire on December 11, 2023.

Is Peaksight Legit?

What Can I Trade on Peaksight?

Peaksight's 160+ CFDs on many asset types let clients diversify. Popular indices, FX pairs, commodities, cryptocurrencies, and top worldwide corporate equities are among the available CFDs.

Tradable Instruments Supported
Forex✔
Commodities✔
Crypto✔
CFD✔
Indices✔
Stock✔
ETF❌
What Can I Trade on Peaksight?

Account Types

Peak Sight offers retail and professional classic, silver, gold, and VIP live accounts.

Professional accounts use 1:400; retail accounts use 1:30. All of the accounts have access to all assets, free assistance, a 100% margin call, and a minimum trading volume of 0.01.

The stop-out rate of professional accounts is 20%; that of retail accounts is 50%.

Account Types
Account Types

Leverage

Peaksight allows retail and professional leverage up to 1:30 and 1:400, respectively. Higher leverage lets traders hold larger positions with less capital, potentially increasing gains. Leverage can improve returns but also risk, so traders should use it carefully.

Peaksight Fees

Peaksight charges no commission on trades and offers low spreads starting from 0.03 pips.

Peaksight Fees

Non-Trading Fees

Non-trading Fees
Deposit FeeNo deposit fees
Withdrawal FeeNo fees for card and e-wallet withdrawals; $30 for wire transfers
Inactivity Fee€30/$30/£30 per month after 3 months of inactivity
Non-Trading Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
Peaksight WebTrader✔Desktop, Tablet, MobileTraders who prefer a user-friendly interface with flexibility for mobile and desktop access
Trading Platform

Deposit and Withdrawal

Deposits are free at Peaksight, making account funding affordable. Withdrawals may involve $30, €30, or £30 wire transfer fees. Card withdrawals demand 10 EUR/USD/GBP, but e-wallet withdrawals do not.

MethodDeposit FeeWithdrawal FeeMinimum Withdrawal AmountProcessing Time
Credit Card0%0%10 EUR/USD/GBP5-7 working days
Debit Card0%0%10 EUR/USD/GBP5-7 working days
Prepaid Card0%0%10 EUR/USD/GBP5-7 working days
Skrill0%0%No minimum, must cover feeVaries, typically faster
Wire Transfer0%$30/€30/£30100 EUR/USD/GBP3-5 working days, up to 10 days in some cases

Related broker

Regulated
peaksight
Company name:Peaksight Ltd
Score
3.78
Website:https://www.peaksightltd.com
1-2 years | Regulated in Cyprus | Straight Through Processing (STP) | Suspicious biz area
Score
3.78

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