Company profile
PEAK Capital Information Established in 2002 and with headquarters in the United Kingdom, PEAK Capital is an unregulated financial services company with binary options, forex, and bitcoin trading capability. While the main disadvantage of the company is the lack of regulatory control, thereby posing major hazards to investors, the variety of account types helps to accommodate different levels of traders.Pros and Cons ProsCons Offers binary options, forex, and cryptocurrencyUnregulated 24/7 customer supportHigh commissions from $25 to $85 High minimum deposit for Silver and Gold accounts(max $2000)Is PEAK Capital Legit? Being an unlicensed broker, PEAK Capital runs free from any legal control. This lack of control implies that investors are not under government protection, so trading with this company carries a lot more risk. The official website of PEAK Capital is prohibited now.What Can I Trade on PEAK Capital? PEAK Capital offers trading on popular instruments, including binary options, forex, and cryptocurrencies. Tradable InstrumentsSupported Binary Options✔ Forex✔ Cryptocurrencies✔ Stocks❌ Indices❌ Commodities❌ ETFs❌Account Types PEAK Capital offers three types of live trading accounts: Starter, Silver, and Gold. The platform does not provide demo accounts or Islamic accounts. Account NameMinimum DepositCommissionSuitable for Starter$300$25Beginner traders Silver$1,000$50Intermediate traders Gold$2,000$85Experienced tradersPEAK Capital Fees PEAK Capital's fees are relatively low compared to industry standards.Trading Fees PEAK Capital Commissions Different account forms affect the spreads and commissions. For instance, the Gold account pays a $85 commission whereas the Starter account pays a $25 one. Account TypeCommission Starter$25 Silver$50 Gold$85Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for Peak Capital Options Platform✔Desktop, Web Browser, TabletSuitable for real-time traders who need desktop-based environments and mobile access on the go. TradingView✔Desktop, Web Browser, MobileIdeal for beginner traders who prefer an intuitive, chart-focused platform. MetaTrader 4 (MT4)✔Desktop, Web Browser, MobileBest for beginners due to its user-friendly interface and comprehensive educational resources. MetaTrader 5 (MT5)✔Desktop, Web Browser, MobileSuitable for experienced traders who require advanced features, faster processing, and more order types. cTrader✔Desktop, Web Browser, MobileTailored for advanced traders seeking a sophisticated trading experience with deep liquidity and enhanced charting tools. NinjaTrader❌N/APrimarily designed for futures traders, not supported by Peak Capital Options. Thinkorswim❌N/ABest suited for options traders, not supported by Peak Capital Options.Deposit and Withdrawal PEAK Capital does not say clearly whether it charges deposits or withdrawals fees. Account type determines the minimum deposit; the Starter account starts at $300. Deposit OptionsMin. DepositFeesProcessing Time Bank Transfer$300-- Credit/Debit Card$300-- Bitcoin$300-- Ethereum$300--Customer Support PEAK Capital provides 7/24 customer support,through phone and email. Contact OptionsDetails Phone+1 (631) 629 1519 Emailinfo@peakcapitaloptions.comThe Bottom Line Although PEAK Capital provides a selection of trading tools, its unregulated character is a major disadvantage. It is best fit for seasoned traders ready to assume more risks.FAQs Is PEAK Capital safe? No, it is an unregulated broker. Is PEAK Capital good for beginners? No, the high minimum deposit is high, and fees are not suitable for beginners. Is PEAK Capital good for day trading? No, the platform mainly focused on long-term trading options.