Park Money

WikiFX | 2025-07-25 17:47

abstrak：ParkMoney is a trading platform founded in 2019. It offers access to a variety of market instruments, including forex, metals, energies, indices, shares, and commodities. The platform provides a demo account for practice trading and operates on the MT5 trading platform. ParkMoney offers leverage of up to 1:400 and spreads starting at 0.1 pips (for EUR/USD). Additionally, ParkMoney offers Partnership Opportunities, allowing clients to join as Introducing Brokers (IBs).

ParkMoneyReview Summary
Founded	2019
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Forex, Metals, Energies, Indices, Shares, Commodities
Demo Account	✅
Leverage	Up to 1:400
Spread	0.1 pips (EUR/USD)
Trading Platform	MT5
Minimum Deposit	$100
Social Trading	✅
Customer Support	Contact Form
	Email: info@parkmoneyfx.com
	Phone: +1 7844856124; +971 442 68300
	Social Media: Facebook, Instagram, LinkedIn, Twitter
	Address: 705 & 706 Aspect Tower (Zone-B), Business Bay, Dubai, UAE
Regional Restrictions	USA, Japan, British Columbia, Mauritius, Malaysia, Quebec, and FATF black listed countries

ParkMoney Information

ParkMoney is a trading platform founded in 2019. It offers access to a variety of market instruments, including forex, metals, energies, indices, shares, and commodities. The platform provides a demo account for practice trading and operates on the MT5 trading platform. ParkMoney offers leverage of up to 1:400 and spreads starting at 0.1 pips (for EUR/USD). Additionally, ParkMoney offers Partnership Opportunities, allowing clients to join as Introducing Brokers (IBs).

Pros & Cons

Pros	Cons
Demo account available	Not regulated
Multiple market offerings	Regional restrictions
Various customer support channels	Limited info on account details
MT5 available	Inactive fee charged
Social trading supported
Referal bonus offered

Is ParkMoney Legit?

ParkMoney operates as an unregulated trading platform, which means trading on this platform involves risks.

What Can I Trade on ParkMoney?

ParkMoney offers trading in a diverse range of tradable assets, including forex, metals, commodities, indices, shares, and energies.

Tradable Instruments	Supported
forex	✔
metals	✔
commodities	✔
indices	✔
energies	✔
stocks	✔
cryptocurrencies	❌
options	❌
funds	❌
ETFs	❌

Account Types

Aside from offering a demo account, ParkMoney provides limited information about the available account types on its website.

Leverage

ParkMoney provides leverage up to 1:400 for most of the assets on this platform. When it comes to commodities trading, ParkMoney offers a flexible leverage up to 200:1.

Fees

ParkMoney asserts to provide low spreads for all assets available on its platform.

Assets	Spread
Forex	0.1 pips (EUR/USD)
Metals	0.10 pips (Gold)
Energies	0.10 pips (Crude Oil)
Indices	0.03 pips (NASDAQ)
Shares	Low Spread
Commodites	Low Spread

In terms of fees, ParkMoney asserts that it charges lower transaction than other financial markets for trading in forex, energies, and commodities. Furthermore, ParkMoney doesn't charge extra fees or Interest Swap Charges for metals and indices trading. Apart from that, it charges an inactive fee of 5 EUR/USD/GBP.

Trading Platform

Traders on ParkMoney get access to MT5 (MetaTrader 5), which is a popular electronic trading platform widely used for trading forex, stocks, futures, and CFDs (Contracts for Difference). MT5 offers advanced charting, trading tools, automated trading via Expert Advisors (EAs), and supports multiple order types and technical indicators.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, Mobile, Web	Experienced traders
MT4	❌	/	Beginners

Deposit & Withdrawal

ParkMoney supports payment options such as credit cards, bank wire transders, and e-wallet, with a minimum deposit of $100. However, as to other details such as processing time, accepted currencies, and fees, ParkMoney does not provide.