- Brokers
- Scam
- BV Assessment NEW
- Rankings
- Regulators
- News
- Claims
- Expo HOT
- Event
- Awards HOT
Search
Download
English
ParmalatFX
On May 3rd, 2024, the Financial Conduct Authority (FCA) issued a warning against ParmalatFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/parmalatfx-wwwparmalatfxcom
On May 3rd, 2024, the Financial Conduct Authority (FCA) issued a warning against ParmalatFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/parmalatfx-wwwparmalatfxcomThe website of ParmalatFX appears to be identical to that of Fxmarkettrade, an unregulated broker previously flagged by BrokersView. ParmalatFX has even removed the alleged US address provided by the website template, leaving only an email address for communication. This makes it challenging to locate them should any issues arise.
ParmalatFX claims to hold a certificate from the Companies House (CH), registered under the number 07366565 and the company name CryptominersFX. However, this registration number in the CH register is associated with a dissolved company, Edata Matters Limited. This inconsistency raises a red flag for potential fraudulent activities.
ParmalatFX purports to be authorized and regulated by the Financial Conduct Authority (FCA). However, this claim has been refuted by the FCA itself, which has issued a warning against this potentially fraudulent trading platform. The UK's financial watchdog categorizes ParmalatFX as an unauthorized firm operating within its jurisdiction.
In essence, ParmalatFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
ParmalatFX appears to be a scam.
The website of ParmalatFX appears to be identical to that of Fxmarkettrade, an unregulated broker previously flagged by BrokersView. ParmalatFX has even removed the alleged US address provided by the website template, leaving only an email address for communication. This makes it challenging to locate them should any issues arise.ParmalatFX claims to hold a certificate from the Companies House (CH), registered under the number 07366565 and the company name CryptominersFX. However, this registration number in the CH register is associated with a dissolved company, Edata Matters Limited. This inconsistency raises a red flag for potential fraudulent activities.ParmalatFX purports to be authorized and regulated by the Financial Conduct Authority (FCA). However, this claim has been refuted by the FCA itself, which has issued a warning against this potentially fraudulent trading platform. The UK's financial watchdog categorizes ParmalatFX as an unauthorized firm operating within its jurisdiction.In essence, ParmalatFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.ParmalatFX appears to be a scam.
©2018-2024 BrokersView EU Limited. All Rights Reserved.
Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.