Peak-Trade Market is a CFD broker site with a domain registered on July 23, 2023. This broker primarily provides investment services for various trading markets including Forex, cryptocurrencies, indices, stocks, energy, and commodities, while not offering services in countries or regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the public information on the Peak-Trade Market (www.peaktrademarket.com) official website, the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose the company entity’s registration information or detailed regulatory details.
Upon investigation, no registration information for a company named "Peak-Trade Market" was found in the Australian Securities and Investments Commission (ASIC) records.
Therefore, Peak-Trade Market (www.peaktrademarket.com) is, in fact, a fraudulent broker website with no company entity or any regulation.
Account Opening Process
The Peak-Trade Market account opening process: Visit the broker's official website, click "Open Account" on the homepage or "Sign Up" at the top right corner of the webpage to enter the account registration page. Fill in personal information such as name and email, set a login password as required, and submit. After verification, the account registration can be successfully completed.
Trading Products:
Peak-Trade Market offers its clients a variety of trading products, including Forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or a specific sector without trading individual stocks. By exploring popular indices, diverse trading opportunities can be found, and high leverage can enhance potential returns.
- Commodities: Commodity trading covers key resources in the global markets, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in public companies' price fluctuations, earning returns from price changes and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading provides opportunities for digital currency enthusiasts to profit from high-volatility assets.
Trading Platform
Peak-Trade Market offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, integration with more than 12,000 liquidity providers, and the capacity to execute over 12,000 orders per second.
Deposits and Withdrawals
Peak-Trade Market only supports deposit and withdrawal transactions via cryptocurrency.
Conclusion:
Traderknows reminds investors that Peak-Trade Market is essentially a fraudulent broker website with no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
