ANSWER We believe Peak Markets is a scam.The broker is not licensed to offer financial services for forex trading. Peak Markets claims to be registered in St. Lucia. However, the Financial Services Regulatory Authority (FSRA), the sole regulatory body that licenses, supervises, and regulates the financial sector in the country, has stated that forex trading activities are not licensed in St. Lucia.In summary, Peak Markets is untrustworthy. Investors dealing with this unlicensed broker may risk losing their funds without protection. To ensure a safer trading environment and peace of mind, it is strongly advised to steer clear of unregulated brokers like Peak Markets and instead choose fully regulated ones.
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