บทคัดย่อ:Parkway Futures Ltd is a global brokerage firm based in the United States. It provides traders with access to market instruments including Forex, Precious Metals, Energy, Cryptocurrency. Its current regulation status is not regulated, only general registration at NFA (National Futures Association, License No.: 0556311).
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Parkway Futures Ltd Review Summary in 10 Points | |
Founded | 2016 |
Registered Country/Region | United States |
Regulation | Not regulated |
Market Instruments | Forex, Precious Metals, Energy, Cryptocurrency |
Demo Account | Available |
Leverage | Up to 1:100 |
EUR/USD Spread | 0.0 pip |
Trading Platforms | ST5 |
Minimum Deposit | USD 0 |
Customer Support | Email, Live chat |
Parkway Futures Ltd is a global brokerage firm based in the United States. It provides traders with access to market instruments including Forex, Precious Metals, Energy, Cryptocurrency. Its current regulation status is not regulated, only general registration at NFA (National Futures Association, License No.: 0556311).
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
•Wide range of trading instruments across multiple asset classes | • General registered NFA license only |
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• Overnight fees charges |
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• Limited educational resources |
• Demo accounts available | • No MT4/5 platforms |
• Not accept clients from some countries | |
• Limited customer support options | |
• Limited info on deposit/ withdrawal |
There are many alternative brokers to Parkway Futures Ltd depending on the specific needs and preferences of the trader. Some popular options include:
Valutrades- Valutrades offers a reliable and user-friendly trading experience, with a range of account types and competitive trading conditions to suit different traders' needs.
Pepperstone- Pepperstone is a reputable brokerage known for its competitive spreads and advanced trading platforms, making it a solid choice for traders seeking a reliable and feature-rich trading experience.
Admiral Markets- With its strong regulatory oversight, extensive range of tradable assets, and user-friendly platforms, Admiral Markets is a recommended option for traders looking for a well-established and trustworthy brokerage.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
When considering the safety of a brokerage like Parkway Futures Ltd or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: It only has a general registered NFA license (National Futures Association, License No.: 0556311) instead of regulated status, which means that there is no guarantee that it is a safe platform to trade with.
User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.
Security measures: Parkway Futures Ltd implements the segregation of client funds, keeping them separate from the company's operational funds. This ensures that clients' funds are held in segregated accounts, providing an added layer of protection and reducing the risk of misappropriation.
Ultimately, the decision of whether or not to trade with Parkway Futures Ltd is a personal one. You should weigh the risks and benefits carefully before making a decision.
Parkway Futures Ltd provides a diverse range of market instruments to cater to the trading preferences of its clients.
Traders can access the dynamic foreign exchange market, commonly known as Forex, allowing them to trade various currency pairs and take advantage of fluctuations in exchange rates. In addition, Parkway Futures Ltd offers trading opportunities in precious metals such as gold and silver, providing traders with exposure to these sought-after assets. The company also facilitates trading in energy markets, allowing traders to participate in the trading of commodities like crude oil and natural gas. Furthermore, Parkway Futures Ltd recognizes the growing popularity of cryptocurrencies and offers trading options in this emerging market. Traders can engage in cryptocurrency trading and potentially benefit from price movements in digital currencies such as Bitcoin, Ethereum, and more. With such a comprehensive selection of market instruments, Parkway Futures Ltd enables traders to diversify their portfolios and explore various investment opportunities across different asset classes.
Parkway Futures Ltd offers a demo account, allowing traders to familiarize themselves with the platform and gain hands-on experience in a risk-free environment. Traders can utilize the demo account to explore different trading instruments, practice executing trades, and analyze market conditions.
Once traders feel confident and ready to transition to live trading, Parkway Futures Ltd offers the option to open a live account. Opening a live account is free of charge, but to activate the account and start trading with real money, a minimum deposit of USD 1000 is required. This minimum requirement ensures that traders have sufficient capital to engage in live trading effectively.
Parkway Futures Ltd brokerage provides traders with maximum leverages of up to 1:100. Leverage allows traders to control larger positions in the market with a smaller amount of invested capital. With a leverage ratio of 1:100, traders can amplify their trading potential by effectively multiplying their trading capital. It's important to note that while leverage can increase potential profits, it also amplifies potential losses, as traders are exposed to higher market risk. Therefore, it is crucial for traders to exercise prudent risk management practices, carefully consider their trading strategies, and be aware of the potential implications of using leverage.
Parkway Futures Ltd offers a trading environment with zero spreads and zero commissions, providing traders with a cost-effective solution for executing their trades. Zero spreads mean that there is no difference between the buying and selling prices of a particular trading instrument, allowing traders to enter and exit positions without incurring any additional cost related to spreads. This can be particularly beneficial for traders engaged in short-term trading strategies or high-frequency trading. Additionally, the absence of commissions ensures that traders can execute trades without any additional charges or fees levied by the broker. This transparent fee structure allows traders to focus on their trading decisions without worrying about the impact of spreads or commissions on their profitability.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread (pips) | Commissions (per lot) |
Parkway Futures Ltd | 0 | No commission |
Valutrades | 0.1 | No commission |
Pepperstone | 0.0 | Variable (depending on account) |
Admiral Markets | 0.5 | Variable (depending on account) |
Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions.
Parkway Futures Ltd provides traders with the advanced ST5 trading platform, available on PC, iOS, and Android devices. The ST5 platform offers a robust and user-friendly trading experience, empowering traders to access the financial markets with ease and efficiency. The ST5 platform offers a comprehensive range of features, including advanced charting tools, technical analysis indicators and customizable trading interfaces. With its intuitive design and powerful functionality, the ST5 platform allows traders to execute trades, monitor positions, and manage their portfolios effectively.
Overall, Parkway Futures Ltd's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.
See the trading platform comparison table below:
Broker | Trading Platforms |
Parkway Futures Ltd | ST5 |
Valutrades | MT4/5, ValuTrader |
Pepperstone | MT4, MT5, cTrader |
Admiral Markets | MT4, MT5, MetaTrader WebTrader |
Cost interest will be charged when traders close position. When the position is closed before the settlement time, there will not be overnight interest. When buying and selling different products, the overnight interest rate is different, some products will pay overnight interest, and some products will receive overnight interest. Traders are recommended to check the product contract for details.
Parkway Futures Ltd offers copy trading functionality, enabling traders to automatically replicate the trades of successful and proven traders. By utilizing copy trading, traders can benefit from the expertise and track records of top-performing traders, even if they have limited experience or time to actively trade. This feature not only provides an opportunity for novice traders to learn from professionals but also offers a convenient way to diversify and manage their trading portfolio.
Parkway Futures Ltd only provides limited email contact to their clients to address their queries and concerns as below:
Email:info@parkwaysf.com.
Pros | Cons |
• Accessibility |
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Note: These pros and cons are subjective and may vary depending on the individual's experience with Parkway Futures Ltds customer service.
According to available information, Parkway Futures Ltd is an non-regulated United states -based brokerage firm. While the firm offers its clients a wide range of market instruments such as Forex, Precious Metals, Energy, Cryptocurrency, it is important to consider certain factors such as lack of regulations that may raise concerns. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from BDFX before making any investment decisions.
Q 1: | Is Parkway Futures Ltd regulated? |
A 1: | No. The broker only has a general registered license at the NFA (National Futures Association, License No.: 0556311). |
Q 2: | Does Parkway Futures Ltd offer the industry leading MT4 & MT5? |
A 2: | No. |
Q 3: | Is Parkway Futures Ltd a good broker for beginners? |
A3: | No. It is not a good choice for beginners. Its been verified the broker currently has a registered NFA license only instead of solid regulation status. |
Q 4: | What is the minimum deposit for Parkway Futures Ltd? |
A 4: | The minimum initial deposit to open an account is USD 0 but takes USD 1000 to activate an account. |
Q 5: | Does Parkway Futures Ltd offer demo accounts? |
A 5: | Yes. |
Q 6: | At Parkway Futures Ltd, are there any regional restrictions for traders? |
A 6: | Yes. Their services are not provided to North Korea, Israel, China, Vanuatu, and Cuba. |
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