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See what reviewers are saying

Rated 5 out of 5 stars

Very up to date and in-depth information. They cover everything about sweepstakes and prediction markets. Very useful and in-depth info. I come back to check the latest updates often. Very good site.... See more

Rated 1 out of 5 stars

Any positive reviews last 3 months are plants. Frozen accounts, no communication about status, defaults on platforms, refuse to restart challenge after THEY screw up, pre-written scripts read by Kero... See more

Rated 1 out of 5 stars

What a way to scam poor people, this scammers not even complete 1 year, the fraud Umar promote this firm like hell quits first that tells whole story and new CEO Joshua is the reason for MFFX downfall... See more

Rated 1 out of 5 stars

I spent my hard earned money on them in April of this year and bought two 300k challenges. I got funded one of them and reached payout eligibility. I requested my withdrawal on July 10th from them and... See more

Company details

  1. Educational Institution

Written by the company

FundedPeaks, the first evaluation prop trading firm in Germany, is committed to revolutionizing the trading industry by nurturing aspiring traders into proficient professionals in a tier 1 trading environment.


Contact info

3.0

Average

TrustScore 3 out of 5

153 reviews

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Hasn’t replied to negative reviews

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Rated 2 out of 5 stars

Bad experience overall

Bad experience overall, slippage always against you on entries, stop and tp, sometimes no liquidity to take full order, for examples if you do a sell limit with 100lots, they will do like, 20 lots, and only after if price go there again more 30 or 50, never take full position when go to your entry and always with slippage against you, they only let you do 2%max per trade otherwise they close your account and they dont have that explicit on the site, rollover spreads bigger than other brokers, you don t pay comission however if you risk 1% you loss at least 1.20%, and entries always against you, really bad experience, ftmo still have the best conditions, i forget to mention, i pass phase 1 and 2, they took more than a week to send me the funded account and i did all they ask on the same day that i passed the phase 2, they made me loss more than a week without trading, i hope in the future you get better!

26 April 2024
Unprompted review
Funded Peaks logo

Reply from Funded Peaks

Hello Marcos,

Sorry to hear about this feedback you have given. However, a lot of what you have just stated are false allegations. If we use your example of 100 lots:

1. That is very unrealistic to be filled and at the exact price you expect. Understanding how market orders work in the real market is crucial. We do not have demo conditions and what you see and get is on a live market feed.

2. Our 2% risk per trade idea (not per trade) has been in place since the beginning and you can find this in our FAQs clearly stated with examples given - https://help.fundedpeaks.com/en/articles/155101-do-you-have-any-max-risk-rules & https://help.fundedpeaks.com/en/articles/155602-what-does-per-trading-idea-mean

3. The reason you were not given your funded account instantly as support and risk team informed you is because you did not accept the risk warning for over risking per trade idea. Once you did accept and acknowledge this email, you were given your funded account the same day.

I hope in the future you have a better experience and approach going forward with us. We are here to help and want the best for our traders that abide by our rules. If you reach out to support we are more than happy to assist you further and discuss ways to make this a more fruitful long term partnership.

All the best,

Funded Peaks Team

Rated 1 out of 5 stars

They also have bigger problem then…

They also have bigger problem then spreads and slippage.

I took a challenge with them, I respected all their rules, unfortunately i went in the first two weeks -4% in drawdown, i managed to get out of dd with a nice trade that returned a 9% profit and they hard breached the account. After some e-mails, they accepted their fault and gave back the account but guess what... without profit.

Also, they delete comments on social media and discord while some of the think they say about how they are different with others might not be true, so i suggest to be very careful with FunDEAD Peaks.

MY REPLY TO THEM AFTER THEIR RESPONSE:
The loss was not happened because off roll over, even when roll over happened the trade was still in profit. Also, i had this trade took on another account and i sent them screenshots that there the roll over was not that big as they said and also i send them screenshot from the other account of Meta Trade 5, where the entry point and Take profit was clearly visible because of MT5 arrows, and they saw that i managed the trade very well, but did not cared. Also, they could take in consideration the fact that my trade on Funded Peaks acc had a SL and a TP that was respected very well, both on the challenge account and on my personal account, with my own money.
They said that i would manage it different on their account, but who is that stupid to be riskier with their money instead of challnge account money.
Also, i wanted to explain all my strategy to them so i can prove that the trade was not random and everything was under control, but they did not even wanted to listen.

So yes, they care about their traders and offer better services than other firms. Doubt!

It don't think is normal for us, traders, to suffer because they have "errors" exactly when we have profitable trades.

23 April 2024
Unprompted review
Funded Peaks logo

Reply from Funded Peaks

Hello George,

I would like to point out that you did not make any profit on your trades and we did not hard breach your account for making profit. There was an issue with a spike that happened on AUDCHF at rollover which caused your stop loss on your trades to be hit. This should not have happened so when you reported the issue to us we reactivated your account and refunded the losses accrued.

You then claim that you should be credited with profit on the account which is not something that is possible. It is very easy for you to say I would have held the trade to here or it would have hit my TP after you see what the pair has done. We do not know how you would have managed the trade hence why we can only refund the trade, apologise and reactivate your account.

We do not mind anyone leaving a review however, we would like people to tell the truth on them.

Regards
Funded Peak Team

Rated 5 out of 5 stars

Been for a long time in the prop firm…

Been for a long time in the prop firm space and FundedPeaks definetely on the top 3 ones in my list, they completely exceeded my expectations, got the payout just in the timeline they promised and everything was so smooth, from the trading conditions to the support. If you are a trader with proper risk management this one is for you. Thanks FundedPeaks!

18 April 2024
Unprompted review
Rated 5 out of 5 stars

Great support, swift payouts, great trading enviroment

One of a very few trustworthy prop firms.

Amazing trading execution, good rules (the kind that are straightfoward, and will keep them in the game for a long time), and swift payouts.

Support is literaly INSTANT in the dashboard and they are really striving to provide great trading enviroment.

Amazing firm, great experience, highly recommending!

12 April 2024
Unprompted review
Rated 4 out of 5 stars

USA TRADERS BEWARE

Greetings, I come forth completely unbiased to any firm, only here to present my experience and thoughts with "Funded Peaks". For the record, I am a US citizen who only trades on mobile. That being said, here's the experience I had:

Initially, I purchased the account ($5k) and received the credentials shortly after. However, not long into my trading on said account, I realized it would be disqualified due to me trading on MT5, which is not compliant with current regulations for US citizens. Despite informing them of my citizenship, Funded Peaks breached the account and migrated me to DXtrade through their own portal. While I had to start over, I was now able to trade without regulatory strains.

As I trade solely on a mobile device, I encountered issues with connectivity and accessing the platform's features. Additionally, the trading conditions, while generally smooth, had aggressive spreads. Despite these challenges, I managed to recover and was up by 6-7%.

However, problems arose when I found myself continuously left on a blank page, unable to assess my position or performance. This led to me being unaware of my account status, resulting in significant losses. Unfortunately, attempts to close positions were thwarted by an expired portal link, leading to a breach of their rules.

Moving forward, Funded Peaks should prioritize US traders, ensuring they are aware of the need for a DXTrade account and providing clearer instructions for mobile traders. Specifically, they should automatically issue DXTrade accounts to US traders based on their IP addresses. Additionally, they should specify that the platform link is intended for PC/laptops only, and users may face connectivity issues on mobile devices.

In conclusion, these are my opinions and experiences with Funded Peaks. While I don't intend to discourage others, I believe it's important to inform and share my thoughts. Despite the challenges faced, I see potential in the firm and may consider returning once a live DXTrade mobile app is available.

Best regards,
Sebastian

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Overall, your review provides valuable feedback and suggestions for improvement, while also highlighting your personal experiences with Funded Peaks.

8 April 2024
Rated 5 out of 5 stars

I got paid 80k within no time!!

I just received my second payout with them. They are honestly top notch!! So far overall the best trading conditions, super super super fast payouts and the customer support is exceptional (weather it by via discord, their chat or email). Besides that they really take care of their community. They are legit and pay out their traders. I really hope for them they get the attention they deserve!!

9 April 2024
Unprompted review

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