ANSWER It is strongly recommended to avoid engaging with ParmalatFX.The ParmalatFX website bears a striking resemblance to those fraudulent platforms previously flagged by us. The purported number 07366565, issued by the Companies House (CH), actually pertains to Edata Matters Limited, a company that has been dissolved.Additionally, ParmalatFX claims to be authorized and regulated by the Financial Conduct Authority (FCA). However, the FCA has issued a warning against ParmalatFX, listing it as an unauthorized entity within the UK and advising caution.Given that ParmalatFX lacks regulation from any recognized authority, investing with them is fraught with danger, as there are no established legal protections for investors' funds. To mitigate such risks, investors are strongly advised against using ParmalatFX and instead opt for fully regulated brokers.
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