Peaksight Ltd Broker Review covers regulation, fees, trading

Peaksight Ltd Broker Review Regulation, Fees, Platform, and More

Peaksight Ltd. is an online CFD broker based in Cyprus. The company started in 2023 and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license 440/23. Peaksight operates from Limassol and uses an STP (Straight-Through Processing) setup, so orders are sent through without a dealing desk stepping in.

The broker serves clients in the European Economic Area (EEA) and Switzerland, but it doesn’t accept traders from the United Kingdom. Its market list includes 160-plus CFD products across forex, indices, commodities, stocks, and cryptocurrencies.

Trading happens on Peaksight’s own browser platform, Peaksight WebTrader. It works on most modern devices and doesn’t require a download. Traders get common order tools like stop-loss, take-profit, and limit orders, plus charting and technical indicators.

On the compliance side, Peaksight follows ESMA rules. Retail leverage is capped at 1:30, while approved professional clients can access up to 1:400. The broker also states it keeps client money in segregated accounts and participates in the Investor Compensation Fund (ICF).

Regulation and safety

Peaksight Ltd. is authorized as a Cyprus Investment Firm (CIF) and supervised by CySEC (license 440/23). CySEC-regulated brokers follow EU rules under MiFID II, which sets standards for client protection, reporting, and how firms operate.

Key protections and policies include:

Investor Compensation Fund (ICF): This may compensate eligible retail clients if the firm becomes insolvent.
Segregated client funds: Client funds are held separately from the broker’s own money, using tier-1 banks.
Negative balance protection: Available for retail clients under ESMA rules.
Leverage limits: Up to 1:30 for retail clients, up to 1:400 for approved professional clients.
KYC and AML checks: Identity and compliance checks are required at sign-up and may continue after onboarding.

Trading platform and tools

Peaksight offers a proprietary platform called Peaksight WebTrader. Since it’s web-based, you can access it through a browser on desktop, tablet, or phone, with no installation needed.

Main features include:

Live prices across available CFD markets
Interactive charts with multiple timeframes and indicators
Market, limit, stop-loss, and take-profit orders
Margin and exposure tracking tools
128-bit SSL encryption for data security
Trade history and basic performance stats
One-click trading

Traders who prefer third-party platforms should note that MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are not supported. WebTrader covers the basics well, but it may feel limited for traders who rely on custom scripts or third-party plug-ins.

Account types

Peaksight offers two account categories based on CySEC rules: Retail and Professional.

Retail account

The Retail account is built for most individual traders and follows ESMA requirements. Features include:

Leverage up to 1:30
Negative balance protection
Access to all available CFD instruments
Segregated client funds
ICF coverage (where eligible)
Standard spreads and margin rules

This account includes the standard protections designed for non-professional traders.

Professional account

Clients who meet CySEC criteria can apply for a Professional account. Typical features include:

Leverage up to 1:400
Reduced spreads
Lower margin requirements
Access to the same markets and platform tools as retail clients

Important trade-off: professional accounts do not include negative balance protection or ICF coverage. This account type fits experienced traders who are comfortable with higher risk.

Both account types include access to WebTrader, a client portal for documents and funding, and support during weekday market hours.

Markets and instruments

Peaksight lists 160-plus CFD instruments across major asset classes. This gives traders room to diversify without opening multiple accounts elsewhere.

Forex

Peaksight offers 40-plus currency pairs, including majors, minors, and some exotics. Trading runs five days a week with variable spreads and execution through WebTrader.

Indices

Index CFDs include well-known markets like the S&P 500, DAX 40, and FTSE 100. These products let traders follow broader market moves without picking individual stocks.

Commodities

You can trade commodity CFDs such as gold, silver, crude oil, and natural gas. Many traders use these markets for diversification or as hedges.