FSASaint Vincent and the GrenadinesTier 3Licence number
3866
View licence record- Licence holder
- Held by Parox LLC
- ParoxFX
- Licence type and regime
- Offshore
EndedChecked
At a glance
Regulation on record for ParoxFX
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 0
- Found on an official register
- 0
ParoxFX has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
The registers print these licences under Parox LLC. Searching a register for the trading brand alone may return nothing — use the name above.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for ParoxFX, strongest authority first.
1 record
- FSASaint Vincent and the GrenadinesTier 3
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- FSA registerOpen register
Protection
What this licence protects
FSA's own rules for the firms it authorises.
- No compensation scheme
- Client money kept separate
- Complaints routeFSA complaints & Financial Services Ombudsman
- Maximum leverage1:500
Frequently Asked Questions
Questions about the licences held by ParoxFX
Answered from the register entries on this page.
Most Popular Questions
The website is published in English, Spanish, German, Russian, Turkish, Arabic and Persian, and the language switcher offers exactly those seven. The broker does not state which of them its support team actually answers in, nor the hours during which any of them are covered.
There is no dedicated complaints route. The broker publishes one general support address, support@paroxfx.com, plus a phone number and an enquiry form, but no complaints email, no published complaints procedure and no client agreement setting out how disputes are handled. With no confirmed regulator behind the brand there is also no external body to escalate a dispute to.
Nothing found in this review proves fraud, and no confirmed pattern of withdrawal refusal was established. What is established is that the broker is unregulated, publishes an unsupported claim of top-tier regulation, and offers no client agreement or withdrawal terms. That combination makes it high risk and unverified rather than demonstrably safe.
The site advertises 43 currency pairs, more than 27 cryptocurrencies traded as CFDs, and over 400 commodity, index and share symbols.
The broker publishes no list of restricted or accepted countries anywhere on its site. It notes only that card and e-wallet availability depends on the client's country of residence. The absence of a published restriction is not confirmation that any particular country is served.
By live chat, by email at support@paroxfx.com, by the UK number +44 78 78 59 36 33, through the enquiry form on the contact page, or on its Telegram and Instagram accounts. A live chat widget runs on the contact page and opens onto a support agent queue. The broker advertises round-the-clock support but publishes no hours, no time zone and no response time anywhere on its site.
No. The site's own sitemap lists every page and includes no terms and conditions, client agreement, withdrawal policy, risk disclosure document or privacy policy. Only a short margin risk warning appears in the footer.
The broker does not publish withdrawal timings, fees, minimums or maximums anywhere on its website, and there is no client agreement setting out the conditions. Anyone considering an account should get those terms in writing before depositing.
Bank wire transfer over SWIFT and SEPA, debit and credit cards, e-wallets, and cryptocurrency including BTC, USDT and ETH. The broker states it charges no deposit fees. Card and e-wallet availability is said to vary with the client's country of residence.
Match-Trader, in the browser and as a mobile app, and a TradingView connection for charting and order entry from a ParoxFX account. Both are reached through the client portal. MetaTrader 4 and MetaTrader 5 are not offered.
One, called All In One, which the broker presents as combining the features other brokers split across tiers. No spread table, commission figure, margin call level or stop out level is published for it.
Up to 1:500. There is no regulator-imposed cap behind an unregulated offshore entity, and the site states no negative balance protection.
The broker advertises a $10 minimum to start trading, applied to its single All In One account and to each of its funding channels.
No. A limited liability company registration is a corporate filing that proves a company exists. It grants no permission to hold client money or to deal in contracts for difference, and the authority in Saint Vincent and the Grenadines does not license or supervise forex and CFD dealing.
The site footer names ParoxFX LLC as owner and operator, described as an International Limited Liability Company incorporated in Saint Vincent and the Grenadines and domiciled in Antigua and Barbuda under registration number 3866LLC, at Euro House, Richmond Hill Road, Kingstown, P.O. Box 2897. That registration could not be confirmed on an official corporate record during this review.
The broker's About Us page says it is "Regulated by top-tier financial authorities such as FCA in the UK", but it gives no firm reference number, no FCA-authorised entity name and no register link, and nothing else on the site supports the sentence. Treat it as an unsupported claim rather than a licence.
ParoxFX has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
ParoxFX holds licence records issued by FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by ParoxFX comes from a tier-1 or tier-2 authority.
Not yet. None of the one licence record held by ParoxFX has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
The registers print them under Parox LLC. A licence is often held by a subsidiary rather than the trading brand, which is why searching a register for the brand name alone can return nothing.
ParoxFX has licence records in Saint Vincent and the Grenadines. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.