Paramount Peak (paramountpeak.live) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +12534586849
Addresses: 638 Melyna Crescent Suite 236 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: paramountpeak.live.
I trusted Paramount Peak (paramountpeak.live) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Social trading features|Clean UI|Personal attention
Cons: No crypto staking
The so-called education at Paramount Peak (paramountpeak.live) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since last summer thinking they would help me learn.
Pros: Customizable dashboard|Demo account available|Excellent charting|Regular updates
Cons: Live chat only during business hours
My withdrawal from Paramount Peak (paramountpeak.live) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about ten months of being strung along.
Pros: Transparent fees|High security standards|Copy trading available|Excellent charting
Cons: None so far|Charting tools need more indicators
I wanted to transfer my portfolio from another broker to Paramount Peak (paramountpeak.live). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Fast support response|Tax reports included
Cons: Alert system is basic|Wish they had more educational resources
Paramount Peak (paramountpeak.live) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Copy trading available|Professional team
Cons: Email notifications too frequent|No integrated tax optimization