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Danger
UK FCA
2024-04-17
Park Financial Consulting Ltd 
Park Financial Consulting
No Regulation
Score
1.19 /10
Danger
Park Financial Consulting
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Exposure
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Website
Score
Regulatory Index0.00
Business Index4.52
Risk Management Index0.00
Software Index4.00
License Index0.00
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Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
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40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-20
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Aspect | Information |
| Company Name | Park Financial Consulting |
| Registered Country/Area | China |
| Founded Year | 5-10 years |
| Regulation | Not Regulated |
| Account Types | N/A |
| Demo Account | N/A |
| Customer Support | Phone at +44 2080972936, Email at support@parkfinancialconsulting.netinfo@parkfinancialconsulting.net |
What is Park Financial Consulting？
Park Financial Consulting is a financial advisory firm founded within the past 5 to 10 years. Despite operating in the financial sector, it operates outside regulatory oversight. For customer support, individuals can reach out via phone at +44 2080972936 or through email.
However, you should notice that the official website of Orient, https://parkfinancialconsulting.com/, is currently encountering functionality problems.
Regulatory Status
In addition to the non-regulatory certificate shown on our website, the Financial Conduct Authority (FCA), a financial regulator in the UK, has issued a warning about Park Financial Consulting Ltd [Park Financial Consulting Ltd warning]. This suggests that you should be cautious about doing business with them.
The International Organization of Securities Commissions (IOSCO) also lists Park Financial Consulting Ltd as part of investor alerts related to potential fraudulent or manipulative practices.
Pros & Cons
| Pros | Cons |
| N/A | Not regulated |
| Potential for Fraudulent Activity | |
| Website functionality problems |
Pros
N/A
Cons
Not Regulated: A major red flag is the lack of regulation for Park Financial Consulting. Financial regulators exist to protect consumers from fraud and ensure fair practices. Without regulatory oversight, there's no guarantee Park Financial Consulting is operating legitimately.
Potential for Fraudulent Activity: The warnings issued by the Financial Conduct Authority (FCA) in the UK and the International Organization of Securities Commissions (IOSCO) raise serious concerns. These organizations flag Park Financial Consulting Ltd for potentially fraudulent or manipulative practices.
Website Issues: The website listed as Park Financial Consulting's official site reportedly has functionality problems.
Customer Service
Park Financial Consulting provides customer support through two primary channels: email and phone. Customers can reach out for assistance or inquiries via email at support@parkfinancialconsulting.net or info@parkfinancialconsulting.net. Additionally, individuals can contact the company directly by phone at +44 2080972936.
Conclusion
Park Financial Consulting claims to be a financial advisor but lacks any of the key trust factors you'd expect. They are not regulated, which means there's no guarantee they're operating legitimately. Even more concerning, both the FCA and IOSCO have issued warnings suggesting potential fraud. While they offer phone and email support, the website reportedly has functionality problems. Given these significant disadvantages, it's best to avoid Park Financial Consulting altogether.
Frequently Asked Questions (FAQs)
Q: Should I trust Park Financial Consulting with my finances？
A: Due to the lack of regulation and warnings from the FCA, it's strongly advised to exercise caution. Park Financial Consulting is not recommended for managing your finances.
Q: What are the red flags about Park Financial Consulting？
A: Several red flags should raise concerns. Firstly, Park Financial Consulting is not regulated, meaning there's no oversight to ensure fair practices. Secondly, the FCA has issued warnings suggesting potential fraud. Finally, the company's website reportedly has functionality issues.
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