Suspected of fraudOrionPeak FX
1Year
Basic Information
Country
AmericaMarket Type
foreign exchangeEnterprise Type
BrokerageService
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.Support Languages
Chinese, EnglishDomain Registration Date
2024-09-18Business Status
Suspected of fraudCompany IntroductionWeb Analytics
Company Introduction
OrionPeak FX is an online brokerage platform that claims to provide foreign exchange, commodities, indices, and cryptocurrency contracts for difference (CFD) trading services. Its website is https://orionpeakfx.com/ The platform, with its core slogans of "global financial services" and "high leverage and low spreads," claims to provide a secure and efficient trading environment for global investors. However, its company registration and regulatory information have been found to be severely opaque, and it has failed to provide any legal qualifications authorized by international financial regulators.
OrionPeak FX has not disclosed its actual corporate entity, office address, or founding year. Its website claims are vague and lack third-party verification. Its marketing tactics closely resemble those of numerous high-risk forex scams in recent years, using promises of "low account opening" and "high leverage" to lure investors in with no regulatory backing. Overall, OrionPeak FX appears to be a high-risk, unregulated platform, and investors should exercise extreme caution before depositing funds.
🌐Global layout and brand background
OrionPeak FX claims to serve a global clientele, particularly investors in Asia and the Middle East, but has failed to provide any verifiable company registration documents or operating licenses. Its website domain is registered recently, and the registrant information is hidden, which often indicates a lack of transparency regarding the platform's background.
The website fails to display any regulatory certificates from the FCA (UK Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or CySEC (Cyprus Securities and Exchange Commission). In other words, OrionPeak FX likely operates in an unregulated environment. Furthermore, the platform's listed "partner banks" or "liquidity providers" cannot be verified, indicating a lack of transparency regarding fund flows.
In multiple forex rights protection communities, users have reported the platform for misleading users into depositing funds, preventing withdrawals, and engaging in price manipulation. This suggests that OrionPeak FX's "international brand positioning" is merely superficial promotional, lacking genuine regulatory compliance.
💹Trading products and services
OrionPeak FX claims to offer a wide range of trading instruments, including forex currency pairs, indices, metals, and cryptocurrency CFDs. However, it fails to disclose complete trading details, spreads, or transaction fees. The platform advertises "zero commission," "ultra-low spreads," and "leverage up to 1:500," but these claims are not supported by any independent audit or third-party liquidity data.
This combination of high leverage and zero commissions is often used to attract retail investors to deposit funds quickly, but it also conceals potential risks. Due to a lack of regulatory oversight, OrionPeak FX may engage in price manipulation or back-office interference, putting investor accounts at risk of being wiped out at any time.
💻Trading technology and platform experience
The platform claims to support the MetaTrader 5 (MT5) trading system. However, upon verification, the download link on its official website does not point to an official MT5 server, nor does it provide a server ID or authorization information, raising suspicions of false use of the MT5 name. Some users have reported experiencing delays, slippage, and forced liquidations when using the platform's built-in web trading terminal.
Furthermore, OrionPeak FX's website lacks SSL certification, posing a risk of information leakage when entering personal identification and bank card information. Overall, the platform's trading system and security architecture are extremely unprofessional, with obvious technical vulnerabilities and potential fraud risks.
🛡️Regulatory compliance and fund security
OrionPeak FX is not regulated by any authoritative financial regulator. Its website does not display any valid regulatory number, the name of the custodian bank, or a statement regarding segregation of client funds. This lack of oversight means the platform can arbitrarily control the flow of funds and even abscond with funds without any legal liability.
After comparing regulatory databases, we found no "OrionPeak FX" or related entity names on major regulatory bodies such as the FCA, ASIC, CySEC, FINMA, and FSCA. This suggests that the platform may be registered offshore or as a fictitious company, leaving client funds unprotected.
If investors deposit money into such platforms and are refused withdrawal or their accounts are frozen, they will not be able to protect their rights or recover losses through any official channels.
⚡Trading conditions and experience
OrionPeak FX offers leverage of up to 1:500 and claims to support "zero-spread trading" and "instant execution," but this lacks real-world verification. While high leverage can magnify profits, it also significantly increases the risk of liquidation. Because the platform lacks regulatory oversight, its backend can manipulate prices at will, creating "slippage" and "abnormal fluctuations," leading to rapid losses for investors.
Many users reported being unable to close orders, having their account balances disappear, and experiencing prolonged periods of disconnection from customer service during transactions. These behaviors are highly consistent with typical fraudulent platforms.
🎓Customer support and value-added services
The platform's customer service channels are limited to online forms and emails; no contact number or physical office address is published. Some users report that customer service actively contacted and urged deposits before account opening, but completely lost contact after a withdrawal or dispute arose. The so-called "educational courses" and "market analysis" on the website are vague and serve more to enhance their image than provide substantive assistance.
Compared to regulated brokers, OrionPeak FX's customer support system clearly lacks professionalism and continuity, and is unable to provide real assistance to investors.
⚠️Risk Warning and Platform Positioning
According to the risk monitoring standards of the BrokerHiveX platform, OrionPeak FX has the following high-risk characteristics:
No regulatory qualifications;
Falsely claiming MT5 platform authorization;
There are cases of difficulty in withdrawing funds and loss of contact with customer service;
The domain name is newly registered and the company information is not transparent;
Use excessive marketing to induce investment.
These platforms are often Ponzi schemes or fake forex brokers, whose primary goal is to lure investors into depositing funds and then manipulate the platform to defraud them. Investors already registered with these platforms should immediately cease trading and seek assistance with reimbursement.
🔍Comprehensive analysis and evaluation
A comprehensive analysis shows that OrionPeak FX does not meet the operating standards of a legitimate forex broker. It has serious deficiencies in company information, regulatory compliance, fund security, and technical capabilities, making it a high-risk, unregulated, and suspicious forex platform.
BrokerHiveX's risk rating system classifies OrionPeak FX as a "blacklist warning level" platform. Investors should avoid trusting their promotional content and stay away from high-risk websites like these to prevent asset losses.
Selected Enterprise Evaluation
1.17
Total 3 commentsI deposited $500 with OrionPeak FX after seeing their ads online. At first, everything looked professional, but once I tried to withdraw my profit, the account got ‘temporarily locked for verification’. It’s been over three weeks with no reply from support. This platform is completely unreliable.
Reply
The website looks convincing, but it’s all surface-level. Prices behave strangely during trades, and withdrawals take forever. The so-called customer service only responds before you deposit. Definitely feels like a scam setup targeting new traders.
Reply
Exercise extreme caution when engaging with this website. Deposits are accepted easily, but withdrawals are consistently blocked. My attempts to recover funds for over a week have been unsuccessful, and the so-called “financial manager” became hostile when questioned. Many of the platform’s positive reviews also appear inauthentic. If you encounter similar issues, consider seeking professional chargeback assistance. You may contact Madam Doris at Email: dorisashley71 @ gmail. com or via WhatsApp at +1 .- (404) -.721.-56.-08.
Reply
~ There's nothing more ~
About OrionPeak FX's questions
Ask:Is OrionPeak FX regulated by any financial regulator?
Answer:No. OrionPeak FX does not provide any verifiable regulatory number or authorization documents on its website, nor does it appear in the databases of major regulatory bodies such as the FCA (UK), ASIC (Australia), and CySEC (Cyprus). The platform is likely operating without regulation, meaning that investors' funds have no legal protection. In the event of a funding issue or withdrawal denial, there will be no official channels for redress.
Ask:Why do some users report difficulties in withdrawing funds from OrionPeak FX?
Answer:According to multiple reports, OrionPeak FX frequently delays or denies withdrawal requests after investors submit them, citing reasons such as "system maintenance" and "compliance review." Because the platform is unregulated and lacks a third-party fund escrow system, investors cannot verify whether their funds have been misappropriated or frozen. These withdrawal delays and evasiveness are common high-risk indicators of fraudulent forex platforms.
Ask:Is the high leverage trading advertised by OrionPeak FX reliable?
Answer:The platform claims to offer leverage of up to 1:500, but fails to disclose any risk control mechanisms or margin requirements. Using high leverage in an unregulated environment often leads to market manipulation or forced liquidation, resulting in rapid liquidation of user accounts. High-leverage trading not only amplifies the risk of losses but is also often used to attract new users. Investors are advised to stay away from such unregulated platforms to avoid serious financial losses.