Peaksight: EEA CFD accounts, instrument limits and payment conditions

Peaksight’s public route is for clients in the European Economic Area. The AML policy requires permanent EEA residence, adulthood, a completed economic profile and an appropriateness assessment. This is a cross-border European retail service, with country acceptance subject to the firm’s authorised scope.[4]

Professional categorisation needs a formal assessment and qualifying experience, portfolio or trading-history evidence. It reduces statutory retail protections. A VIP label and professional classification are separate choices; the account name alone does not establish eligibility for 1:400 leverage.[5]

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The share key-information document describes a derivative with the company, without ownership or voting rights in the underlying business. These are not a cash share-dealing account or transferable securities holdings.[12]

The General Fees document lists no deposit fee and no separate financing fee, but explicitly charges or credits overnight swaps. Those zero-fee labels therefore do not mean positions are free to hold overnight.[13]

The swap page calculates the adjustment from lots × contract size × point size × swap rate. Its displayed schedule is dated 22 December 2025 and applies triple Wednesday rollover to all CFD classes, with holidays able to alter the day count. Confirm current long/short rates before holding a position.[14]

The swap schedule labels its rates in pips while its formula uses point size; the product specification also illustrates a cash-rate method. Do not insert one schedule’s numerical quote into another formula without confirming its unit in the platform.[14][15]

Peaksight Webtrader is presented as a download-free browser platform for more than 160 CFDs, with charts, educational material, limit orders, stop-loss and take-profit controls. The page advertises use from different devices but does not establish identical tools on every device or a separate supported API.[18]

The specifications expressly exclude guaranteed stop-loss orders. Trading functions stop during session breaks and market closure; futures trades close on their expiry date and must be reopened manually if exposure is to continue.[15]

The risk disclosure warns that connection or system failures can prevent orders and that repeated requests may create unintended positions. The published support telephone is useful for reporting disruption, but the reviewed material does not establish a guaranteed telephone-dealing service or emergency authentication workflow.[19]

Report stolen or compromised credentials immediately, orally then in writing. Replacement credentials are required before orders can resume; no fixed reset completion time is stated.[16]

Valid withdrawals target same-day processing, or the next working day outside normal hours. Verification, sufficient free funds and correct beneficiary details are required. Missing information not supplied within a week can cancel the request; bank arrival is separate.[16]

The AML policy normally requires funding in the client’s name, with documented exceptions subject to extra checks. It expressly rejects anonymous accounts and reserves review of unusual cross-border funding. Client money is not a freely transferable third-party payment service.[4]

The agreement says cash balances are not converted between currencies. Product specifications nevertheless convert trading profit/loss to account currency; confirm payment currency and any conversion cost before funding.[16][15]

The risk disclosure sets retail leverage maxima by asset class and warns that professional clients lose protections. It describes money held in segregated accounts, potentially with institutions outside Cyprus or the EEA; omnibus holdings and bank failure can cause delayed or incomplete recovery. Segregation is not a guarantee against these risks.[19]

The forex key-information document describes retail negative balance protection and margin close-out. The account page’s 50% stop-out level is a liquidation trigger, not a guarantee of execution at precisely that equity during a gap or closed market.[11][3]

Peaksight’s compensation policy covers eligible retail claims under the Cyprus Investor Compensation Fund, to the lower of 90% of aggregate covered claims or EUR 20,000 per person. Multiple accounts and currencies do not multiply the cap. Professional clients and eligible counterparties are excluded; unsuccessful trading is not a compensable investment return.[20]

The company information document also prints +357 25 008330. This differs from the current website’s support number; the two should not be assumed to offer identical desk access.[23]

The procedure gives five days for acknowledgment, two months for investigation and one additional month following an explained holding response. It can close an investigation if the client fails to respond for three months. Its older four-month external-referral wording should be read with the Commissioner’s current requirements.[22]

For eligible consumers, the Cyprus Financial Ombudsman requires: firm complaint within six months of awareness; referral within twelve months of complaint and eighteen months of awareness.[24]

Daily, monthly and annual activity reports plus individual trade reports are available online; updates follow activity within twenty-four hours. Statements can be requested by email or post. Export formats and tax-certificate coverage are not specified.[16]

After four inactive years, closure can follow notice to the last known contact details. Remaining money stays owed and may be reclaimed later.[16]

The company information document distinguishes licensed permissions from services actually offered. Its credit/loan permission does not establish a current retail cash bonus, a withdrawable credit promotion or a portfolio-management mandate. The marketed platform remains execution-only.[23]

CySEC’s current record identifies Peaksight Ltd, company HE433420, licence 440/23, with a register date of 11 December 2023, and approves peaksightltd.com. Its business address is Office 204, P. Lordos Center, Block B, Limassol. The record supports this specific EEA investment firm; it does not establish worldwide retail permissions or a transfer from another broker.[2]

The register lists cross-border services to Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Romania, Slovakia, Slovenia and Sweden. A passport entry remains distinct from acceptance of an individual application.[2]

Headquarters

Limassol, Cyprus