Score

1.45 /10
Danger

Parkway FX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.50

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

Single Core

1G

40G

open now

Broker Information

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Company Name

Parkway FX Limited

Company Abbreviation

Parkway FX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Parkway FX · Company summary

Note:Parkway FX's official website:https://parkwayfx.com/en/is currently inaccessible normally.

AspectInformation
Company NameParkway FX
Registered Country/AreaUnited Kingdom
Founded Year2012
RegulationUnregulated
Trading PlatformMT4
Market InstrumentsForex,Metals,Energy,Indices,Cyrptocurrencies
Customer SupportPhone: +604 615 8135, Email:info@ParkwayFX.com

Parkway FX Information

Established in 2012 and with headquarters in the United Kingdom, Parkway FX is an unregulated trading platform providing Forex, commodities, energy, indices, and cryptocurrencies among other market instruments. Customer service can be accessed by phone at +604 615 8135 or by email at info@ParkwayFX.com.

Parkway FX Information

Is Parkway FX Legit or a Scam?

Since Parkway FX runs without government oversight, it is an unregulated broker. Lack of legislative protection forces possible investors considerable prudence.

Is Parkway FX Legit or a Scam?

Downsides of Parkway FX

Potential consumers should take some consideration of Parkway FX's various drawbacks.

First of all, since no regulatory agency supervises its activities, the platform is uncontrolled, which begs serious issues regarding the security and safety of money.

Users have complained of great trouble withdrawing their money; some have claimed they were obliged to pay extra commissions and taxes just to be prohibited from getting their money later.

At last, the customer service has come under fire for its aggressive strategies, which include spam emails asking customers to make more deposits and constant phone calls, thereby generating an uncomfortable and demanding environment for traders.

Market Instruments

Because Parkway FX provides a wide spectrum of market instruments—energy, precious metals, commodities, indices, Forex, and stock indices—buyers can trade in several ways.

Parkway FX provides access to the foreign exchange (Forex) market whereby pairs of currencies may be sold by investors. It can use the fast output and trade more than thirty FXpairs using the tapered spreads.

The broker lets you trade many stock indices. This helps traders to gamble on the total performance of the market instead of on specific stocks.

Parkway FX offers trading options in cryptocurrencies, therefore enabling investors to trade digital assets such Bitcoin, Ethereum, and others.

Silver, gold, and other precious metals are yours to trade with this broker. Often bought by traders as secure investments are these products.Users of SpotMetal trading can find chances in Gold Silver Piatinum and learn to establish the new trade standards.

Market Instruments

Customer Support

Parkway FX can be reachable for customer service by phone at +604 615 8135 or by email at info@ParkwayFX.com. Their headquarters is L3A-2, Level 3A, SPICE Arena, 180 Jalan Tun Dr. Awang, Relau, Pulau Pinang, 11900 Malaysia.

Negative Parkway FX Reviews on WikiFX

Exposure is a basic WikiFX comment section.

We advise people to check this section before trading on unofficial platforms.It reveals content and assesses risks. Please kindly find details on our website.

WikiFx experienced three exposures. I will call attention to two of them.

Exposure.1 Scam

ClassificationPersistent harassment
DateDecember 9th,2022
Post CountryCyprus

According to the client, Parkway FX is a complete fraud with constant phone calls and spam emails urging users to make further deposits.You should see:

https://www.wikifx.com/en/comments/detail/Co202212098151333485.html

Negative Parkway FX Reviews on WikiFX

Exposure.2 Withdrawal fraud

ClassificationWithdrawal fraud
DateDecember 4th,2021
Post CountryEstonia

The consumer claimed that is a total hoax where they lost all their money since it is hard to withdraw money from Parkway FX even after paying a commission fee.You can go:

https://www.wikifx.com/en/comments/detail/202112039272570020.html

Negative Parkway FX Reviews on WikiFX

Conclusion

Trading with Parkway FX comes considerable danger because of its lack of control and many fraud allegations. Clients battle to withdraw their money and are constantly under pressure to make new deposits. For safer investments, pick a transparent and controlled broker.

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缘分4919
more than one year
Absolute scam! They will hound you endlessly to deposit funds. Once you've done that they will continue to hound you, multiple phone calls per day from different numbers, and spam emails, advising you to increase your deposit.
Absolute scam! They will hound you endlessly to deposit funds. Once you've done that they will continue to hound you, multiple phone calls per day from different numbers, and spam emails, advising you to increase your deposit.
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2022-12-09 14:31
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