Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo forex or financial licence anywhere; only a St. Vincent company registration (25689 BC 2019), which SVG itself says is not regulation, and it is absent from the UAE regulator's register.
Identity & transparency
6/10 · HighNames an entity and gives addresses and phones, but the SVG address is a shared registered-agent address, the registration is unverifiable, owners are undisclosed, and the SVG-only footer conflicts with a Dubai office.
Withdrawals & conduct
6/10 · HighFund-integrity complaints clustered in mid-2025 across more than one platform, including a report of about 40,000 US dollars withheld after a profit; citable independent volume is limited.
Reputation
6/10 · HighThin footprint; scam-warning aggregators flag it as unregulated and high risk; the lone five-star Trustpilot review looks solicited; no regulator warning list names it.
Website claims
6/10 · HighPresents a company registration as being 'registered by the Financial Services Authority' and markets itself as safe and well-known while unregulated; no fabricated tier-1 licence and the 2019 age is truthful.
Operational history
4/10 · ModerateDomain live since 2019 (about seven years, verified), but the company cannot be independently dated and the site now shows an expired certificate with no captures since early 2026.
Who they are
A quick desk file on the company behind the brand.
- Brand: ParkMoney (also written Park Money)
- Legal entity: ParkMoney Limited
- Registered: Euro House, Richmond Hill Road, PO Box 2897, Kingstown, St. Vincent and the Grenadines (a shared offshore registered-agent address); a sales office is also listed at Office 306, Aspect Tower, Business Bay, Dubai
- Website: parkmoneyfx.com (client portal at newcp.parkmoneyfx.com)
- Only licence: None. A St. Vincent company registration, number 25689 BC 2019, which is not a trading licence
- Offers: Forex, metals, energies, indices, shares and commodities as CFDs on MetaTrader 5, leverage up to 400:1, minimum deposit around 100 US dollars, plus an IB and affiliate programme
- Not accepted: Residents of the USA, Japan, Malaysia, Mauritius, British Columbia and Quebec
- Age claim: Founded 2019; the domain was registered in November 2019, so the age is consistent
- Contact: info@parkmoneyfx.com, phone +1 784 485 6124 (St. Vincent) and a Dubai line +971 4 433 1229
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Financial Services Authority (FSA), St. Vincent and the Grenadines
Why we reached this verdict
How the evidence adds up.
We rate ParkMoney high risk and unverified for three main reasons.
- No real regulation. The site says it is 'registered by the Financial Services Authority (FSA) of St. Vincent and the Grenadine'. St. Vincent authorities have stated they issue no forex licences and do not supervise forex brokers; they only register the company and require it to be licensed wherever it actually operates. So this line describes company paperwork, not financial oversight, and there is no compensation scheme behind it.
- Money-back complaints. Clients in mid-2025 reported the same problem: deposits and profits that could not be withdrawn. One report describes about 40,000 US dollars held after the account showed a profit, with the broker accused of running a 'B-book' and blocking the payout. Withdrawals refused after a profit is the most serious kind of complaint a broker can attract.
- No licence where it operates. It runs a Dubai sales office and a UAE phone line, but it is not on the UAE Capital Market Authority register of licensed firms, and it is not licensed by any major regulator we checked.
We did not find a regulator warning list or a court ruling naming this firm, so we do not call it a confirmed scam. But an unregulated broker that takes deposits, attracts withdrawal complaints, and whose website is now offline is not something we can call safe. We assess the risk of fraud as high.
Note on operating history: the 6.8-year track record rests on domain registration alone. No company incorporation date could be established, so this is an upper bound rather than a confirmed age.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The domain parkmoneyfx.com was registered on 11 November 2019 (GoDaddy, InMotion hosting). The operation is about seven years old, and the age matches the company designation BC 2019, so there is no false trading-since claim.
ModerateVerisign RDAP (domain registry)E2ParkMoney's own footer states: 'ParkMoney Limited is registered by the Financial Services Authority (FSA) of St. Vincent and the Grenadine as a Limited Liability Company with the registration number 25689- BC 2019.' A company registration is presented as if it were financial regulation.
E3St. Vincent and the Grenadines authorities have stated they do not license or regulate forex trading and issue no forex licences; SVG forex companies must be licensed where they operate. So ParkMoney's St. Vincent registration confers no forex regulation.
E4ParkMoney lists a Dubai office (Office 306, Aspect Tower, Business Bay) and a UAE phone line, but a search of the UAE Capital Market Authority register of licensed companies returns no ParkMoney entry. It holds no UAE licence.
E5Clients report the same failure: money that could not be withdrawn. A July 2025 report says an account balance could not be withdrawn; a separate client report alleges about 40,000 US dollars was held after the account showed a profit, accusing the broker of blocking the payout. This is a fund-integrity pattern.
E6Despite operating since 2019, parkmoneyfx.com has just one Trustpilot review, a generic five-star post from July 2026 ('honest and gives profits... I recommend it') with no specifics. A near-empty, single-positive footprint for a multi-year broker is itself a warning sign.
WeakTrustpilotE7parkmoneyfx.com currently presents an expired security certificate, so browsers block it as insecure and it does not load normally. Its trading pages were last captured on 2 February 2026, with no later captures.
E8The registered address, Euro House, Richmond Hill Road, Kingstown, is a generic St. Vincent registered-agent address shared by many offshore shell companies, and the site shows only an offshore entity while listing a Dubai office and a UAE phone. Owners and directors are not disclosed.
The other side
The strongest case in this broker’s favour.
In fairness to ParkMoney, several points cut the other way.
- It is not a brand-new website. The domain has been live since November 2019, so this is a roughly seven-year-old operation, not a throwaway site.
- It does not copy a famous regulated firm. 'ParkMoney' is its own name, so this is not a clone of a bank or a licensed broker.
- Its own pages are relatively upfront that it is a St. Vincent company, and it openly refuses clients from the USA, Japan and several other places, which a purely reckless operation often does not bother to do.
- We did not find a formal warning from the FCA, IOSCO or other regulators naming this firm, and the volume of detailed, independent complaints is still limited rather than overwhelming.
None of this makes it safe. A long-lived domain and an honest-looking address do not replace a real licence or client-money protection, and they do not answer the withdrawal complaints.
What would change this
What we would need to see to revise the verdict.
Our view would move if the facts changed.
- Lower risk: a genuine, verifiable licence from a real regulator (for example the UAE Capital Market Authority, or a recognised forex regulator) showing ParkMoney Limited and parkmoneyfx.com, plus clear evidence that clients are being paid out.
- Higher risk: a regulator warning list or enforcement action naming parkmoneyfx.com, a demand for an upfront 'tax' or 'fee' to release funds, or a larger cluster of detailed, independent withdrawal-theft reports. Any of these would push this toward a scam verdict.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Verisign domain record (parkmoneyfx.com)
Confirms the domain was registered in November 2019.
UAE Capital Market Authority - licensed firms
Search the UAE regulator; ParkMoney is not listed.
Trustpilot - parkmoneyfx.com
Independent reviews for the domain.
St. Vincent FSA notice to forex brokers
St. Vincent issues no forex licences; registration there is not regulation.
Frequently asked questions
Quick answers about this broker’s safety.
Is ParkMoney a scam?
We rate ParkMoney high risk and unverified, not a confirmed scam. It has no financial licence and clients report refused withdrawals, which are serious warning signs. We found no regulator ruling calling it a scam, but we cannot call it safe. Treat it with great caution.
Is ParkMoney a fraud?
No court or regulator has ruled that ParkMoney committed fraud, so we do not state that as fact. However, we assess the risk of fraud as high: it is unregulated, takes deposits, and clients report being unable to withdraw. Do not assume your money is protected.
Is ParkMoney regulated?
No. Its only registration is a St. Vincent company number (25689 BC 2019). St. Vincent issues no forex licences and does not supervise forex brokers. ParkMoney is not on the UAE regulator's list either, despite a Dubai office.
Can I withdraw my money from ParkMoney?
Some clients say they could not. Reports from 2025 describe balances and profits that were not paid out, including one account said to hold about 40,000 US dollars. If you have funds there, request a full withdrawal in writing and keep records.
Is my money safe with ParkMoney?
There is no regulator and no compensation scheme standing behind it, so if something goes wrong there is little formal protection. Given the withdrawal complaints, we would not treat client funds as safe.
Who owns ParkMoney and where is it based?
The operating company is ParkMoney Limited, a St. Vincent and the Grenadines company, with a sales office listed in Business Bay, Dubai. No individual owners or directors are named on the site.
How old is ParkMoney?
The website has existed since November 2019, and the company number is marked 2019, so the operation is roughly seven years old. Age alone does not make it regulated or safe.
What is a St. Vincent (SVG) registration worth for a broker?
Very little as protection. It is company paperwork, not a trading licence. St. Vincent's own authorities say they do not license or supervise forex brokers, so 'registered in St. Vincent' gives you no financial regulator to complain to.
Is ParkMoney a clone of another company?
We found no sign of that. 'ParkMoney' is its own brand and does not copy a known regulated firm's name or licence number. The problem here is a lack of regulation, not impersonation.
Is the ParkMoney website working?
Not properly. parkmoneyfx.com currently shows an expired security certificate, so browsers flag it as insecure and it does not load normally. It was last seen serving its trading pages in early 2026.
What should I check before depositing with any broker?
Look for a licence from a strong regulator (for example the FCA, ASIC or a mainland UAE licence) that names the exact company and website, check that withdrawals work in recent independent reviews, and be wary of high leverage, big bonuses and pushy account managers.
I already deposited and cannot withdraw. What do I do?
Save every record (deposits, chats, IDs, wallet addresses), request a full withdrawal in writing, and report the problem to your local financial regulator and your bank or card provider. Never pay an upfront tax or fee to release funds, and avoid anyone promising to recover your money for a fee.
What we recommend
The practical takeaway from everything above.
If you are thinking about ParkMoney, be careful.
- Do not deposit new money until it can show a real, verifiable licence from a recognised regulator.
- Treat 'registered in St. Vincent' as a company registration, not as financial regulation or protection for your funds.
- If you already have money with ParkMoney, save all records (deposits, chats, IDs, wallet addresses) and request a full withdrawal in writing.
- If a withdrawal is refused, or if anyone asks you to pay a tax or fee first to release your money, report it to your local financial regulator and your bank or card provider.
- Be wary of anyone who contacts you offering to recover your funds for an upfront fee. That is a common follow-up scam.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 16, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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