Profile
This PeaceFX review examines the broker’s regulatory status, trading infrastructure, account offerings, and product coverage. PeaceFX positions itself as a forex and CFD brokerage with global ambitions, though it operates without regulation from any recognised financial authority. The firm markets high leverage and crypto payment options but lacks transparency in key operational areas.
Regulation and Safety
PeaceFX is not licensed or authorised by any tier-1 or tier-2 financial regulator such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or FSCA (South Africa).
- No regulatory license or registration disclosed
- No mention of fund segregation or third-party auditing
- Basic KYC procedures implemented
- Minimal details on dispute resolution or client fund safety
Traders using PeaceFX should be aware that the absence of regulation significantly increases counterparty and withdrawal risk.
Execution Model and Trading Platforms
PeaceFX claims to provide STP (Straight Through Processing) execution, but does not verify this with platform-side transparency or liquidity provider details.
Platform access includes:
- MetaTrader 5 (MT5): Available for desktop, web, Android, and iOS
There is no FIX API or VPS infrastructure publicly offered. Execution claims are not backed by third-party data or audits.
Markets and Instruments
PeaceFX offers a selection of CFD instruments, though asset lists and specifications are not fully disclosed. Based on marketing material, tradable classes may include:
- Forex – Majors and minors (e.g., EUR/USD, GBP/USD)
- Indices – Major stock indices such as NASDAQ and DAX
- Commodities – Gold, oil, silver
- Cryptocurrencies – Bitcoin, Ethereum, Litecoin
No detailed contract specifications, trading hours, or swap information is available on the public website.
Accounts, Spreads and Leverage
PeaceFX promotes four account tiers, though full conditions remain unclear:
- Starter: $50 minimum deposit, variable spreads
- Standard: $500 minimum deposit, lower spreads, basic support
- Pro: $5,000+, tighter spreads, possible commission
- VIP: $25,000+, premium service and education
Other conditions:
- Spreads from 1.5 pips on majors (unverified)
- Leverage up to 1:1000 advertised (high-risk)
- Islamic/swap-free option available
- No ECN account confirmed
Funding and Base Currencies
PeaceFX accepts various funding methods, although processing times and fees are not transparent:
- Cryptocurrency – Bitcoin, USDT
- Bank wire transfers (manual)
- Local payment gateways in selected regions
Supported base currencies: USD and crypto. Fiat card processing is not supported. There is no clarity on withdrawal procedures or timelines.
Client Protections and Features
Due to the broker’s unregulated status, client protections are minimal:
- No negative balance protection officially confirmed
- No investor compensation fund
- Basic two-factor authentication via MT5
- Telegram-based support and education services
PeaceFX relies on social media and referral marketing rather than verified infrastructure or legal safeguards.
Institutional and Retail Offering
PeaceFX primarily targets retail clients through IB networks and online marketing. There is no evidence of true institutional infrastructure.
- Retail: MT5 access, crypto funding, and simple account tiers
- Institutional: Not offered – no FIX API, no liquidity depth, no white-label or broker tools
Pros
- MetaTrader 5 platform access
- High leverage up to 1:1000
- Low minimum deposit ($50)
- Crypto-based funding supported
Cons
- Unregulated and lacks financial oversight
- Opaque trading conditions and account details
- No institutional-grade infrastructure
- Weak fund safety and no compensation scheme
Frequently Asked Questions
Is PeaceFX a regulated broker?
No, PeaceFX is not licensed or regulated by any recognised financial authority.
What trading platform does PeaceFX offer?
PeaceFX offers the MetaTrader 5 (MT5) platform for desktop, mobile, and web access.
What is the minimum deposit to open an account?
The minimum deposit required is $50 for the Starter account.
Does PeaceFX support cryptocurrency funding?
Yes, PeaceFX supports Bitcoin and USDT deposits.
Are client funds protected at PeaceFX?
No formal fund protection scheme or negative balance protection has been disclosed by the broker.