Peaksight is a relatively new CFD broker based in Limassol, Cyprus. It was established in 2023 and holds a licence from the Cyprus Securities and Exchange Commission (CySEC) under licence number 440/23. The firm serves clients in the European Economic Area (EEA) and Switzerland, and it does not accept traders from the United Kingdom. This review looks at Peaksight's regulation, account structure, trading costs, platform, funding options and current promotions, so you can judge whether it fits your trading style.
Peaksight Overview
Peaksight Ltd is an online CFD broker that describes its execution model as STP (Straight-Through Processing), meaning client orders are sent to liquidity providers without a dealing desk intervening. Our database also lists ECN and market maker models for the broker, so the execution setup may vary by account or instrument. It is worth asking the broker to confirm how orders are handled on the account type you plan to use.
The product range is broad. Peaksight states that it offers more than 160 CFD instruments across forex, indices, commodities, stocks and cryptocurrencies. For a broker of this age, that breadth gives traders room to diversify without opening several accounts elsewhere.
Our internal rating for Peaksight is 3.00 out of 5. The score reflects a regulated, well-structured offering with a clear platform, balanced against the absence of MT4 and MT5 and a limited amount of independent track record.
Regulation and Safety
Peaksight is authorised as a Cyprus Investment Firm (CIF) and supervised by CySEC. CySEC-regulated firms operate under EU rules set out in MiFID II, which cover client protection, reporting standards and how firms conduct business. You can verify the licence yourself on the CySEC public register before opening an account.
The broker's stated protections include:
- Investor Compensation Fund (ICF): may compensate eligible retail clients if the firm becomes insolvent, subject to scheme conditions.
- Segregated client funds: client money is held separately from the company's own funds, which Peaksight says are kept with tier-1 banks.
- Negative balance protection: available to retail clients under ESMA rules, so losses should not exceed the account balance.
- Leverage limits: up to 1:30 for retail clients and up to 1:400 for approved professional clients.
- KYC and AML checks: identity and compliance verification is required at sign-up and may continue after onboarding.
These measures are a meaningful part of the safety picture, but no protection removes trading risk. Losses can still be substantial, particularly with leveraged CFDs.
Peaksight Account Types
Peaksight offers two account categories, Retail and Professional, assigned according to CySEC client classification rules. The main differences are shown below.
| Feature | Retail account | Professional account |
|---|---|---|
| Maximum leverage | Up to 1:30 | Up to 1:400 |
| Negative balance protection | Yes | No |
| ICF coverage | Where eligible | No |
| Segregated client funds | Yes | Yes |
| Spreads and margin | Standard | Reduced spreads and lower margin requirements |
| Market access | All available CFDs | Same markets and platform tools |
The Retail account suits most individual traders. It includes the standard ESMA-based protections, and leverage is capped at 1:30. The Professional account is for clients who meet CySEC criteria. It offers higher leverage and tighter pricing, but it removes negative balance protection and ICF coverage. That trade-off matters, and it is better suited to experienced traders who fully understand the added risk.
Both account types include access to WebTrader, a client portal for documents and funding, and support during weekday market hours.
Fees, Spreads and Trading Costs
Our database lists Peaksight spreads from 0.02 pips. Actual spreads are variable and depend on the instrument, market conditions and account type, so treat this figure as a starting point rather than a guaranteed cost. Compare live quotes during the sessions you trade, especially around news releases when spreads widen on most brokers.
Costs to check before funding include:
- Spreads on the specific pairs or indices you trade most often
- Overnight financing charges on positions held past the daily rollover
- Any deposit or withdrawal fees charged by the broker or your payment provider
- Currency conversion costs if your account currency differs from your funding currency
The minimum deposit listed in our database is 100 USD, which is accessible for newer traders. Confirm the current figures on the broker's website, as conditions can change.
Peaksight Trading Platform and Tools
Peaksight's main platform is Peaksight WebTrader, a proprietary web-based terminal. Because it runs in a browser, you can use it on desktop, tablet or phone without installing software.
Key features include:
- Live prices across the available CFD markets
- Interactive charts with multiple timeframes and technical indicators
- Market, limit, stop-loss and take-profit orders
- One-click trading
- Margin and exposure tracking tools
- Trade history and basic performance statistics
- 128-bit SSL encryption for data security
The main limitation is the absence of MetaTrader 4 and MetaTrader 5. WebTrader handles core trading well, but traders who rely on Expert Advisors, custom scripts or third-party plug-ins will find it restrictive. If automation matters to your strategy, compare this against brokers that offer MetaTrader, such as RoboForex, before deciding.
Deposits, Withdrawals and Funding
Funding is handled through the client portal once your account is verified. Verification, including identity checks required under KYC and AML rules, must be completed before deposits and withdrawals are processed. Check the funding page on the broker's site for the currently supported payment methods, processing times and any fees, as these details are not fixed in our data.
Plan ahead for verification. Documents submitted late can delay your first trade, and withdrawals may require the same method used for deposits.
Bonuses and Promotions
Peaksight's current highlighted offer is a Forex Rebates Bonus. Rebate programmes typically return a portion of trading costs on eligible volume, but eligibility, rebate rates and conditions vary. Read the full terms before relying on any promotion, and be aware that bonus offers can change or end. Do not let a rebate be the main reason you choose a broker. Execution quality, costs and regulation should carry more weight.
Markets and Instruments
Peaksight lists more than 160 CFD instruments. The main categories are:
- Forex: over 40 currency pairs, including majors, minors and some exotics, with trading available five days a week.
- Indices: index CFDs such as the S&P 500, DAX 40 and FTSE 100, which let you trade broad market moves without choosing individual stocks.
- Commodities: gold, silver, crude oil and natural gas, often used for diversification or hedging.
- Stocks and cryptocurrencies: available as CFDs, subject to the same leveraged-product risks as other markets.
Customer Support
Support is available during weekday market hours, with direct help through the client area. Response quality is an area to test yourself before depositing. Send a few pre-sale questions about spreads, withdrawals or account conversion and note how quickly and clearly they are answered.
Who Peaksight Is Best For
Peaksight is a reasonable choice for traders who want a CySEC-regulated broker in the EEA, a simple browser platform that needs no download, and access to a wide CFD range. Beginners who start on a Retail account get the standard protections and a modest minimum deposit. Traders who rely on MetaTrader, automated strategies or very tight scalping setups may be better served elsewhere. Explore alternatives such as XM Group or PU Prime if those requirements matter to you.
Trading CFDs involves a high risk of losing money quickly due to leverage. Only trade with funds you can afford to lose, and make sure you understand how the product works before committing capital.
