Cryppeak has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Cryppeak advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Multi-device support|Low minimum deposit|Dedicated account manager
Cons: Withdrawal takes 1-2 business days
I lost a significant amount because Cryppeak did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Customizable dashboard|Automated trading options|Regular updates|Copy trading available
Cons: Currency conversion fee exists|Search feature is basic