In this review we take a look at Financial Peak, a subtle scam that is meant to lose your money in financial trading.
What is Financial Peak
Financial Peak is a financial software that allegedly can earn you up to 4,500 USD per day. It was created by a team of over 500 developers and experts.
According to its official website, the main features of the software are:
- works on autopilot
- has a 99.7% win rate
- works on any computer and mobile device
- uses blockchain technology
- guaranteed daily earnings of at least 2,000 USD
- trades crypto and traditional financial markets
The most important thing is that you can get the Financial Peak app for free. Will you believe that a free app will make you thousands of dollars per day? Well, you shouldn’t.
Is Financial Peak legit?
No, Financial Peak is not a legit, because it is an unauthorized investment service. The software is supposed to trade financial markets for you and make trading decision on your behalf. Any software doing this is required to have a license from financial regulators.
But Financial Peak is not licensed, it is not authorized by financial regulators. Which means that it is an illegal investment service. It cannot be offered legally in most countries, because it lacks necessary authorizations.
The Financial Peak scam
The truth is that Financial Peak is pure scam. It will never deliver on its promises. In fact, it was created to do the opposite, it will get you rid of your money, even if you don’t want it to do so.
The first problem that we have to point out in this Financial Peak review is that results promised by this system are completely fictitious.
First of all, no trading system in the world can have a 99.7% success rate in financial trading, it just is not possible. Secondly, no trading system can guarantee profits, let alone consistent daily profits of 2,000 dollars or more, like Financial Peak does.
Financial markets are volatile, their behavior is not easily predictable, and losses are a normal part of every trading system. Having every day profitable is nearly impossible.
Any investment or trading program that guarantees daily profits is a scam, there just is no other possibility.
A solid proof that Financial Peak is a scam is in the testimonials displayed on its official website. There are stories of people who allegedly are making lots of money with this system, but they are fake.
A quick researched revealed that Financial Peak is using stock photos together with fake stories for their testimonials that are supposed to demonstrate real user experience. You will find a proof in our picture below.
Financial Peak is supposed to be based on blockchain technology, which allegedly makes it faster than competing trading systems. This claim is something that made us laugh.
We know that blockchain, which is the underlying technology of cryptocurrencies, is not easy to understand for everybody. Without going into details, you should know that blockchain is inherently slower than traditional technologies like ordinary databases.
So, basing a trading system on blockchain would actually make it slower that the competition. Hence what Financial Peak claims is a total nonsense.
The advantages of blockchain lie elsewhere, it is a decentralized technology that is very secure. This is what makes it so revolutionary for the world of finance.
How Financial Peak really works
As we have already mentioned, Financial Peak will do the exact opposite of what it promises: it will take your money and lose it in trading. It is a losing app, it just doesn’t know better.
How will they convince you to let a losing software trade with your money? Well, first of all there are all the lies we have already exposed in this review. But it is possible that Financial Peak will even let you try the trading app in a demo mode.
But while a demo is the safest way to try trading under normal circumstances, demos of scams like Financial Peak are extremely dangerous, because they are rigged.
You see, the demo will use fake prices, so that it generates a lot of profits. An untrained eye will not spot this little dirty trick and will believe that the software really can trade profitably.
When you then deposit real money and let the app trade with it, you will not understand what happened until your money will be gone. And it will happen very quickly.
Another possibility is that they will even fake real trading results and show you fake profits to make you deposit even more money. The goal is to make you deposit as much possible and never let you withdraw anything.
Scammers from Financial Peak work with some unregulated brokers. They will send you to a shady broker that will push you to deposit more and more money. They will just take money from you and give you only lies in return. They won’t let you withdraw anything. This is how Financial Peak works.
How to stay safe
There are many scams that work the same way as Financial Peak. Any system that promises you free and guaranteed earnings in financial trading is a scam. This is a fact that you have to accept, it will save you from many scams.
Now, if you already lost money with Financial Peak, you can try to recover it. Here is how:
- See which broker you sent your money to.
- Contact the broker and request a refund of your deposit. Explain them that you got scammed by Financial Peak.
- If the brokerage company refuses your request, threaten them with complaints to authorities and a chargeback on your deposit.
- If you don’t succeed with the previous step, contact your bank and see with them how the deposit transaction could be reversed. It is easiest to do with payment cards, you will just request a chargeback.
- Complain to authorities in your country and in the country that the broker is located in.
Since scammers are often changing brokers they cooperate with, we cannot be more precise. You have to see which broker you sent your money to, where it is located, if by some miracle it is a regulated company, which regulator oversee the financial markets in that country, and contact the relevant parties.
If you have any questions, ask them in the comment section below and we will try to help you.
Recovering money from scams is not easy, sometimes it just impossible, but it is worth trying. Sometimes you can succeed and get your money back.
Financial Peak is a scam. It will push you to send money to an unregulated broker where you will lose it. You cannot make any money with it. Stay away from Financial Peak!
If you want to try legit financial trading, start on a free demo with a regulated broker. You will get virtual money to practice trading and see what kind of results you are able to achieve.
Forget about free trading apps promising you thousands of dollars per day, they all are scams.
Please help us to warn people about the Financial Peak scam and share our review.
Frequently Asked Questions
Is Financial Peak a scam?
Yes, Financial Peak is an investment scam. It will promise you profits, but it will make you lose your entire deposit with a shady and unauthorized broker. It will be very hard for you to get anything back.
How to register for Financial Peak?
You just have to fill-in your personal information on the official Financial Peak website. But don’t do it, because Financial Peak is a scam that can only lose your money.
Is Financial Peak safe?
No, Financial Peak is not safe. It is not safe for your money nor for your personal data. It is a scam that will lose your money and likely abuse your personal information to squeeze you even more.