By accepting this General Fees document, you acknowledge and confirm that our official legally binding language is English. In the event of any discrepancy or inconsistency between any documentation, information, and communications in any other language other than English, the English documentation, information and communications shall prevail.
Peaksight Ltd (the “Company”) is a Cypriot Investment Firm (“CIF”) with its business address at 204, P. LORDOS CENTER, Block B, Corner Makarios Avenue 240 & Vyronos 1 Street, 3105, Limassol, Cyprus, Company Registration No HE 433420 and regulated by the Cyprus Securities and Exchange Commission (hereinafter “CySEC”) under License Number 440/23 (hereinafter the “Company”).
Please find below information regarding relevant fees for Peaksight Ltd clients.
| Method | Applicable Fees |
|---|---|
|
Credit Card Debit Card Prepaid Card |
0 % |
| Wire Transfer |
30 USD 30 EUR 30 GBP |
|
E-Wallets: Moneybookers (Skrill) |
0 % 0% |
Notwithstanding the aforesaid table, in the following circumstances the Company reserves the right to charge a withdrawal fee at an amount equal to 10 EUR/USD/GBP (or the equivalent amount according to the denominated currency of the Client’s Trading Account):
Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (withdrawals/deposits or newly opened positions) on your Trading Account for a consecutive period of at least three (3) month and more, the Company reserves the right, to charge every one (1) month inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf.
| Inactivity Period | Monthly Trading Account Inactivity Fees |
|---|---|
| 0 to 3 Month | 0 |
| After 3 Month | 30 EURO/USD/GBP (as per account currency) |
Spread is the difference between the bid (sell) and ask (buy) price. The difference is presented in pips and reflects the cost of opening a position.
Swap is the interest added or deducted from the value of your position and is only charged when a position is held open overnight. For commodities and indices there is a fixed swap fee for keeping the position open overnight.
There are no deposit fees charged to the client.
There are no financing fees charged to the client.
Please find below the list of PSP companies in cooperation with their listed country headquarters and supervising authorities:
| Name | Country | Regulated | Regulatory Authority |
|---|---|---|---|
| Nuvei Limited | Cyprus | Yes | CBC |
By accepting this Withdrawal Policy document, you acknowledge and confirm that our official legally binding language is English. In the event of any discrepancy or inconsistency between any documentation, information, and communicationsin any other language other than English, the English documentation, information and communications shall prevail.
Peaksight Ltd customers can withdraw their funds and benefits whenever they need to.
To request a partial or complete withdrawal of funds simply navigate to the banking page once you havelogged in. At the banking page you can select the withdrawal that you wish to make and click submit.
According to the general rules and regulations of AML, withdrawals must be performed with a specific structure. When a withdrawal is issued, you will be requested to withdraw first the amount of funds deposited with a credit/debit card(s), back to the same source. Priority of withdrawal will be given to credit/debit card(s). Once the amount of deposits by credit/debit card(s) isfully withdrawn,the remainingbalance of the client will be issued by wire to his/her bank account.
When it comes to withdrawals, clients may be required to present additional information and documents.To avoid delays in receiving your funds please ensure that all your documentation is correct, up to date, and confirmed before you submit your withdrawal request.
Every time you use a new payment method you will need to verify it, but once you have done this you willnot need to verify that particular card in order to make a withdrawal again.
Once your account is verified, ensure you are logged in to your account before accessing the banking page,and then the withdrawals section.
Follow these steps to withdraw money:
Receiving your funds is also dependent on your bank’s business hours and AML procedures.
The time needed for the funds to be transferred will vary, depending on your payment method.
Bank transfers, once processed by the Company, take 3-5 working days approx. to be credited to your account. However, please note that it might take up to 10 working days for your funds to process back through the banks to your card.
Under normal circumstances, Credit/Debit Card withdrawals, once processed by the Company, take 5-7 working days approx. to be credited to your account.
Withdrawals can be made to your credit card, through a wire transfer, or selected online payment systems.However, withdrawals can only be made through the same method that the deposit was made with.
Any payments you request will not be made until all documents are received and the account is fully verified.
Minimum withdrawal amounts vary depending on the method. Through wire transfer the minimum amount is 100 EUR/USD/GBP. Through Credit or Debit cards the minimum withdrawal is 10 EUR/USD/GBP. Through e-wallets there is no minimum withdrawal amount, however the amount must cover the fee cost.
When using e-wallets, traders can withdraw up to 750 EUR of profits, however the e-wallet must beverified through the specified procedure in order for the withdrawal to go through.
| Payment Method | Applicable Fees |
|---|---|
| Credit Card | 0% |
| Debit Card | 0% |
| Prepaid Card | 0% |
| Skrill (Moneybookers) | 0% |
| Wire Transfer |
30 USD 30 EUR 30 GBP |
Every client’s first withdrawal is free of charge, unless any of the bellow applies:
Notwithstanding the aforesaid table, in the following circumstances the Company reserves the right to charge a withdrawal fee at an amount equal to 10 EUR/USD/GBP:
Please note that some banks may also make an additional charge on each transaction. This charge willnot be made from Peaksight Ltd and is entirely by the bank itself.
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