✓ Dual Tier-1 regulation (FCA + ASIC) with segregated Tier-1 bank custody✓ Raw ECN spreads from 0.0 pips with transparent commission✓ 96% mediation response rate — best in its peer group✓ Verified London trading floor and audited server infrastructure✓ Public disclosure-change log (rare transparency practice)
Cons
✕ Separate offshore entity offers different (weaker) protections✕ Inactivity fee after 12 months without trades✕ Dubai branch address mismatch unresolved since May 2026
Is NorthPeak legit?
Yes — by every measurable signal we track. Its FCA and ASIC licences are active and verified at source, client funds sit in segregated Tier-1 accounts, and its complaint record (14 in 12 months, 12 resolved) is well below the peer median. The two caveats worth reading before you deposit: confirm your account sits under the UK or AU entity rather than the offshore one, and note the unresolved Dubai address mismatch flagged by our field team.
Is NorthPeak regulated?
Yes — FCA Full License #521844 (UK) and ASIC AFS Licence #443921 (Australia), both verified against the registries within the last 24 hours.
What is the minimum deposit?
$100 on the Standard account; $200 for Raw ECN; $10 for Cent accounts.
Does it support MT5?
Yes — 6 verified MT5 live servers alongside 12 MT4 servers, plus its own NorthPeak Trade app.
Is it available in the US?
No. NorthPeak does not accept US residents; it holds no CFTC/NFA registration.