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FundedPeaks

Details About FundedPeaks

Legal Name: Funded Peaks GmbH
Company Number: HRB 290131
Country of Registeration: DEDE
CEO: Pasquale
Support Mail: [email protected]
Phone: Not available
Payment Modes: Crypto, Wire transfer/ Bank Transfer, Credit/Debit Card
Withdrawal Methods: Wire Transfer/ Bank Transfer, Rise
Website: https://www.fundedpeaks.com
Banned Countries:

Challenge Details at FundedPeaks

Types of Challenges: Two Phase Challenge
Trading Platforms: Metatrader, cTrader, DXTrade
Trading Instruments: Forex, Crypto, Commodities, Indices
Broker: Liquidity Providers
Max Allocation: $600,000
Scaling: $1,500,000
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
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About FundedPeaks

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FundedPeaks, officially known as Funded Peaks GmbH, is a prominent proprietary trading firm headquartered in Munich, Germany. Led by CEO Umar A, the firm is registered under HRB 290131. FundedPeaks offers two types of challenges for traders: the Standard Challenge and the Rapid Challenge, both designed to evaluate and enhance trading skills.

 

The Standard Challenge features an unlimited trading period with a minimum of three trading days. Traders must achieve an 8% profit target in Phase 1 and a 5% profit target in Phase 2. It allows for a maximum daily loss of 5% and an overall loss of 12%, with the option to trade news and hold positions over the weekend. Account sizes range from $5,000 to $300,000.

 

The Rapid Challenge also has an unlimited trading period with no minimum trading days. It requires a 10% profit target and permits a maximum daily loss of 3% and an overall loss of 6% trailing. Like the Standard Challenge, it supports news trading and weekend holding, with account sizes from $10,000 to $200,000.

 

FundedPeaks emphasizes quick funding, rapid payouts, and a favorable profit split of up to 90%. Traders gain instant account access upon completing the signup process, with a transparent fee structure that includes a 112% refund upon reaching a payout. Payouts are processed within 24 hours of approval.

 

The firm offers a broad selection of trading instruments, including Forex, commodities, indices, and cryptocurrencies, within a tier 1 trading environment. Traders can join a supportive community on Discord for real-time updates and discussions.

 

Payment methods include debit/credit cards and cryptocurrencies, with commission rates of $2 per lot for Forex and commodities, while indices and crypto have no commission. The leverage offered varies by asset, and traders can use VPNs/VPSs and certain EAs under specific conditions. FundedPeaks ensures no inactivity rule and facilitates payouts via Rise, a versatile online payment processor.