Wikilix
Parkmoney logo

Parkmoney

No Regulation
Saint Vincent and the Grenadines
Since 2019
Last Updated:

Trading Conditions

Min Deposit:
USD100
Max Leverage:
400
Account Types
N/A

Official website

Homepage of parkmoneyfx.com as we captured it

parkmoneyfx.com

Online · checked Sep 10, 2026

7 pages archived · Oct 9, 2026

Also on our record

  • newcp.parkmoneyfx.comClient portal

Funding Methods

1 methods

Cryptocurrency Wallets

crypto
Not recorded
Fee:Not recorded
Fee:Not recorded

Trust rating

High risk

47 out of 100 · 72% checked

Our investigation found it is high risk and could not be verified, and trading EURUSD costs about 1.6 pips all-in.

Regulation—Not shown

We checked Parkmoney on 2026-10-22 across its company record, client terms, trading offer and service, and could verify 72% of its record. The score of 47 is what the checked record adds up to; nothing held it down. What would move the score: policy risk, critical clauses, withdrawal rails. Our published investigation found it is high risk and could not be verified, with 6.8 years of track record. Its client terms have not been reviewed yet. Trading EURUSD costs about 1.6 pips all-in, spread and commission together.

Score last calculated 2026/10/22

Regulatory Licenses

No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:ParkMoney Limited
Founded:2019
Headquarters:Saint Vincent and the Grenadines
Enterprise Offices:1offices

Customer Support

Phone:
+1 7844856124
Live Chat:
Not Available
Response Time:
—
Languages:
English
Scroll Down

Is Parkmoney a scam?

Wikilix independent safety report

Read the full report
63%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5

ParkMoney (parkmoneyfx.com) is not a proven scam, but it is an unregulated offshore broker that we rate high risk, and we found client reports of blocked withdrawals. It holds no financial-trading li…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency6/10 · HighWithdrawals & conduct6/10 · HighReputation6/10 · HighWebsite claims6/10 · HighOperational history4/10 · Moderate
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Parkmoney: its history, the licences it holds, its trading conditions and its fees.

ParkMoney is a forex and CFD broker that began operations in 2019 and is located in Saint Vincent and the Grenadines which has a very loose regulatory framework. ParkMoney offers over 300 instruments, including currencies, metals, energies, indices, shares, and crypto, and it uses the industry standard MetaTrader 5 (MT5), but claims to offer zero commissions, while not having any reliable regulation raises some serious concerns about the safety and transparency of ParkMoney.

History of ParkMoney

Founded by ParkMoney Limited, which has been in business since 2019; it purports to be regulated in St. Vincent and the Grenadines but this cannot be confirmed. The company does not appear to have an established holding company for its assets, it states that it accepts clients from around the world except the United States, but it lacks any significant information about how it operates its business.

Overview of ParkMoney

Assets Offered by ParkMoney

Currency pairs

Metals: Gold and Silver

Oil and Natural Gas

Global Indices

Shares of companies

Cryptocurrencies

Account Types Offered by ParkMoney

Live Account

Demo Account

An account can be created simply by registering, funding it and then trading from it.

Trading Platform

ParkMoney offers a trading platform for all the trading products of its website using the world leading MetaTrader 5 (MT5) trading platform which provides advanced charting, automated trading and technical analysis capabilities.

Regulatory Status

ParkMoney states it is registered with the Financial Services Authority of Saint Vincent and the Grenadines; however, this registration could not be verified by any regulatory authority. ParkMoney does not have a license from any recognised regulatory authority and therefore provides no fund protection or dispute resolution for its users.

Regulatory Table for ParkMoney

Regulator License Number Status Other Regulators

Financial Services Authority (SVG) Not Verified No Regulation Not Licensed

Trading Conditions of ParkMoney

Condition Minimum Deposit $100

Maximum Leverage 400:1 Spreads Start at 1.6 Pips

Fees for ParkMoney

Fee Type Commissions on Trades: Zero

Advantages of ParkMoney

Large Variety Security of Trading - St. Vincent and the Grenadines has no regulatory oversight and is very high-risk

Limited Support of all Customer Service (only available through email)

Lack of Education and Transparency on How to Use the ParkMoney Trading Platform

Disadvantages of ParkMoney

Limited Number of Users, approximately 1,202 visits per month with 99% of users connecting through organic search; average visit length is 43 seconds; and the bounce rate is 30%.

Summary of Findings

ParkMoney offers a wide selection of trading assets and supports trading through the MetaTrader 5 platform with no commission fees, making it an attractive option for some traders. However, because of its total lack of regulation; minimal disclosure and transparency about its operations; and limited availability of customer resources, to say the least, represent a serious risk for all traders considering trading with ParkMoney. Therefore, any trader looking for a safer alternative would want to only trade with unregulated/brokerage companies regulated by legitimate regulatory authorities.

Website archive
Captured

Website snapshots

7 full-page captures of Parkmoney's own site, archived so what they said can still be read after the pages change.

7 pages
Homepage
About Us
Contact Us
Live Account & Conditions
Forex Trading Conditions
MT5 Platform
Affiliate Program
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check

Regulatory Licenses

We have not confirmed any regulation for Parkmoney. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Parkmoney. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Deposits & withdrawals

Funding Methods

One way to fund an account.

1 method
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Cryptocurrency WalletsCryptocurrency
Withdrawal methods typically mirror deposit methods; no explicit withdrawal limits or fees detailed; processing times depend on blockchain confirmation.
Not recordedNot recordedUSD 100Not recordedNot recordedNot recorded
Fees, limits and processing times as published by Parkmoney, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

2 domains on record. All active and served over HTTPS.

2 domains
  • www.parkmoneyfx.comMain siteActiveHTTPS
  • newcp.parkmoneyfx.comClient portalActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Parkmoney brand.

1 entity
  • ParkMoney LimitedActiveSaint Vincent and the GrenadinesEstablished Jan 1, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

Parkmoney names ParkMoney Limited as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
ParkMoney Limited
Registration number
25689 BC 2019
Jurisdiction
Saint Vincent and the Grenadines
Registry
St. Vincent and the Grenadines Financial Services Authority (company registry)
Registered address
Euro House, Richmond Hill Road, PO Box 2897, Kingstown, St. Vincent and the Grenadines
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about Parkmoney

Most Popular Questions
Customer support for ParkMoney Limited is available in English via phone at +1 7844856124 and email at info@parkmoneyfx.com. Live chat is not available, and support is provided during business hours. The broker also maintains social media presence on Facebook, Twitter, LinkedIn, and Instagram.
ParkMoney Limited does not charge commission fees on trading. The broker offers variable spreads with an average spread of 1.6 pips. There is no mention of fixed spreads or additional commission structures in the provided information.
The minimum deposit amount at ParkMoney Limited is 100 USD. Deposits and withdrawals are mainly supported via cryptocurrency wallets, with processing times depending on blockchain confirmations. No specific fees or limits for withdrawals are detailed.
ParkMoney Limited offers the MetaTrader 5 platform, which is available on web, iOS, macOS, Android, and Windows. MetaTrader 5 supports multi-asset trading including Forex, stocks, and futures, with advanced analytics and algorithmic trading features.
ParkMoney Limited is registered in Saint Vincent and the Grenadines and holds a license from the Financial Services Authority (FSA), which is an offshore regulator. According to WIKILIX, the FSA provides medium transparency but does not offer client fund insurance. The broker operates with a regulatory tier 3 status and does not have government-backed deposit insurance.
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