Funded Peaks Reviews 153

a month ago I requested a payment, all this time they promised to confirm the payment and pay after which they sent me a letter that they were terminating the contract with me for life because I allegedly use copy trading (of course I didn’t do this) and sent me some kind of fake a screenshot of five identical transactions with different accounts and they refused to pay me. They immediately banned me from their discord and do not respond to my emails.
Funding peaks are real scammers!
do not work with them under any circumstances, I am sure that their days are numbered and they will soon declare bankruptcy and are now trying to sell as many tests as possible before their end.

RECEIVE MY PAYOUT AFTER WAITING FOR 45DAYS.

I had a very scary experience with this fund. I requested payment on June 13. Until now, they not only did not pay me profits but also said I violated group transactions. While I don't have any groups and I don't know who the accounts that match mine are. They just arbitrarily offered the same transaction among countless transactions and then accused me of violating it. While the images they give are extremely vague. Hope everyone should stay away from this fund.

I don't recommend this firm . 4months Experience with them. They well use all kinds of tricks. Slippage. denying payouts.the support is unprofessional.

Hello .the fp decide to introduce ctrader for all clients.The slippage was terrible(.they accept on disscord).Today i lost an account they say slippage on high impact news.Iwas 3.5 % profit already.My never sl never hit.Iwas risk 2%.Never buy any challenge with this company.i trusted in the beginning but now all changed.Good luck

Funded Peaks is another scam guys. Do not waste your money. I bought 200K challenge account with MT5 as my platform but I got credentials with cTrader. I requested the support team immediately to change and they did not. I primarily trade GOLD, US30 and NAS100. When I started trading, I observed huge spreads on GOLD (7.9 pips). As soon as I enter into trade with 10 lots, it goes in drawdown of $790 and the price print different in cTrader vs Tradingview (huge difference). I used to Keep my SL above or below 30M candle, Funded Peaks in cTrader when price is near SL, it makes a spike and take SL but in tradingview the SL will not even touch. I trade other prop firms and my live account as well and they would be still in trade. Keeping this in mind, I started keeping SL 5 pips away from my actual SL but still it makes spikes at take it. It happened to me few times. There was a time when I was in trade and running in profits ($3000+), It closed automatically with $6000 loss. I had to reach support and restore that trade back to BE. Join their discord channel, everyone are raising the same issue. I raised several issues in discord and then timed me out (blocked). I sent screenshots, videos as well showing clear spikes and spreads but still they do not admit. I requested for refund on day 1 and asked few more times but they denied. I have three 200K funded accounts with other prop firms which do not have these issues.

On top of it, they have huge list of pending payouts. Some people are waiting from 2 to 3 weeks. Join their discord to learn more.

Anyone wants screenshots and videos about what I mentioned above can request by dropping me message in telegram @vijay_chetti

What has happened with FPeaks recently and the loss of the MQ is terrible. However, the way they reacted and swiftly made decisions to get back up and running is very commendable. Josh and the team not only got us moved over from MQ to Ctrader in less than a day, they were also very fair to refunds and compensations. I had the privilege of talking to Faizah and was assured there wouldnt be any problems with what I had asked for. They are definitely here to stay!

Another scam prop firm.
First, they offer MetaTrader and then switch to cTrader.
Stay away from this kind; it's better to pay a bit more and go to FTMO.

They don't want to know anything about giving your money back, you just have to deal with it!

Its been more than 7 days, since then my payout is not even approved, it has cross more than 72 hours 3 times but no progress and update on payout, customer support are saying everyday like we are having backlog and delay etc etc, we are trying fix etc etc, still no update after 7 days. FundedPeak is not approving payouts for successful traders.

They blocked me on Discord because i mentioned to someone that they have payout issues. And suggested to wait before everything becomes normal again. Also they delete messages about deleyed subjects, probably because they hope not scare away new clients. They never mentioned payout issues on they main socil media.
Who would like to trust companies acting like this???

Do not go with this company. They are scammers they do not pay out, all the reviews in this are most likely from the company pretending to say good things about themselfs.. please do not go with this prop firm

Asked about payout related questions because everyone is facing payout delays. They blocked me from discord for 1 week. Anyone before buying a challenge please go their discord page and read about them what issues people are facing. and try not to ask about payout issue otherwise they will block you.

Please be careful. These are scammers. If you are profitable, they will ban you.

Please do not give your money to such fraudsters.
A criminal complaint is being filed for the pyramid scheme. It is not allowed in Germany.

(Bitte seien Sie vorsichtig. Das sind Betrüger. Wenn Sie profitabel sind, werden sie Sie sperren.

Bitte geben Sie solchen Betrügern kein Geld.

I am a scalper and sometimes hold my trades for just a few seconds, depending on whether the trade works for me or not. This is common for a scalper like me. I come from the futures market, where it is typical for us scalpers to take 5 to 12 ticks.

19,000 trades are not unusual for me. I manually execute 1,000 to 1,500 trades a day in the futures market. Bots are not involved.

You don't have a rule that specifies a minimum trade duration. Perhaps you should change your rules and exclude scalpers; then I would understand.

In the first phase, for a $100,000 account to reach an $8,000 goal, I achieved the following data:
Trades: 6,819
Average Win: $27.25
Best Trade: $808.22
Average Loss: -$8.11
Worst Trade: -$204.00
Risk-Reward Ratio: 3.36
Win Ratio: 0.35
Win %: 26%
Loss %: 74%

In the second phase, for a $100,000 account to reach a $5,000 goal, I achieved the following data:
Trades: 830
Average Win: $20.45
Best Trade: $158.60
Average Loss: -$6.08
Worst Trade: -$61.68
Risk-Reward Ratio: 3.36
Win Ratio: 0.61
Win %: 38%
Loss %: 62%

In the funded $100,000 account, I reached a peak of $41,000 with the following data:
Trades: 18,669
Average Win: $24.19
Best Trade: $963.52
Average Loss: -$9.88
Worst Trade: -$451.60
Risk-Reward Ratio: 2.45
Win Ratio: 0.54
Win %: 35%
Loss %: 65%
It is strange that in the first and second evaluation phases, this trading style is allowed, but not with a funded account. Suddenly, when it comes to a withdrawal, it is no longer allowed. But as long as one only buys accounts and does not withdraw, everything is fine. Then one is not banned, no matter how many trades are executed, as long as the account is blown up. But when it comes to withdrawals, then suddenly it is important to you to ban me because of my trade volume and accuse me of using a robot and, in this case, engaging in HFT.

Just for your information: HFT means 1,000 trades per second. But for you, HFT simply means that profitable scalpers are banned. Scalpers who are not profitable are allowed.

Obviously, you do not understand the trading business. We can gladly settle this in court to determine whether it was a bot or if I did everything manually. I have enough witnesses who can confirm that they watched me trade. These are multiple people and multiple hours a day. My PC and phone remain unchanged and can serve as evidence.

I dont know what went wrong with fundedpeaks. my previous payout request only takes 1-3days. Now its been 3weeks already, still dont get my payout. Is fundedpeaks problem now?

Same review like i wrote before but got deleated. Before even asking for a Bill or any proof which i have that i bought a challenge and experienced these flaws

In my cTrader challenge, I encountered several issues with slippage when buying or selling EUR/USD.

I have activated the ask and bid lines in cTrader, and I have often noticed that in most cases, even without any news, trades were affected by slippage.

Additionally, in another instance, I was charged an excessively high spread, which was refunded the following day thanks to customer support, but such issues shouldn't occur and it was disappointing.

Their challenges are quite expensive, and I purchased them as part of a cTrader promotion where such bugs shouldn't be happening. Based on my experience, the MetaTrader 5 version is not as significantly affected by slippage. The slippage combined with the commissions is a major downside.

However, their support is quite fast, and you can also get help on their Discord at any time of day. Another positive point is their company headquarters in Germany.

Nevertheless, other prop firms offer better conditions at the same prices for challenges.

Pleasure of working with Funded Peaks and I must say, they stand out as one of the finest prop firms I have encountered. Having successfully secured funding with them (MAY 2024), I can attest to the seamless transition between the first and second phases of the process. Their customer support service is top notch and very responsive. Special Thanks to Alisha too.

Moreover, their DXTrade platform has exceeded my expectations. It's incredibly robust and aligns perfectly with my trading needs (Inclusive of setting SL and TP). For anyone considering entering the prop industry, I wholeheartedly recommend FundedPeaks.

As I move forward, I will be sure to provide updates on the payout process once I become eligible to withdraw. But based on my experience so far, I have full confidence that it will be just as smooth and efficient as everything else with FundedPeaks.

Great propfirm and have great spread for scalper and intraday trader.I like the automatism of the circuit and the fact that the propfirm consider the remarks that us traders discuss with them on the discord group.

Bought a challenge on the wrong platform, contacted them and they changed the platform for me right away

This is a genuine review by me. I trade with other prop firm, this firm has the highest slippage among all the firms i trade with. I risk 1% per trade and I was constantly losing 0.1 0.2% more than I expected most of the time.

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