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For more information about Paragon Investments Forex Broker company profile, come to WikiBit!

Rating Index

Pros

None identified due to the broker's unregulated status and scam allegations.

Cons

Lacks regulation and has been flagged as unauthorized by the FCA.
Reported difficulties with fund withdrawals and unresponsive customer service.
Promotes unrealistic returns and employs aggressive sales tactics, raising red flags for potential scams.

Paragon Investments Company

Paragon Investments Company: A Comprehensive Overview

Company Overview

Founding Date and Background

Paragon Investments Company was founded in 2010 and is primarily engaged in the investment sector, specifically within the holding and other investment offices. The company operates under the category of investors, not elsewhere classified (NEC), and has been serving its clients for over 13 years.

Parent Company/Ownership Structure

Paragon Investments operates as an independent entity with no publicly disclosed parent company. It is privately owned, and the principal contact is Gordon Manchester, who plays a significant role in the company's strategic direction.

Headquarters Location

The company is headquartered at 1730 Brant Circle, Saint Paul, Minnesota, 55122. This location situates Paragon Investments within Dakota County and the Minneapolis-St. Paul-Bloomington metropolitan area.

Global Business Scope

While Paragon Investments operates primarily in the United States, its business model allows for potential engagement in global investment opportunities. However, the focus remains predominantly on the domestic market.

Main Regulatory Bodies

Paragon Investments is subject to regulations typical of investment firms in the United States. While specific regulatory bodies for Paragon Investments have not been detailed in the available data, investment firms generally adhere to guidelines set forth by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

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Company History and Development

Key Milestones

Since its inception in 2010, Paragon Investments has achieved several key milestones, including consistent revenue generation estimated at $110,000 annually and maintaining a workforce of approximately four employees. This stability reflects the companys ability to navigate the investment landscape effectively.

Business Expansion Journey

The company has focused on building a niche in the investment market, emphasizing a personalized approach to client relationships. While specific details on expansion into new markets or services are limited, Paragon Investments has maintained a steady operational presence in its established location.

Customer Base Growth

Paragon Investments has cultivated a diverse client base, primarily consisting of individual investors and small businesses seeking investment opportunities. The firms reputation for personalized service has contributed to customer loyalty and retention.

Platform Development History

Although specific details regarding technological platform development are not available, Paragon Investments likely employs standard investment management tools and resources to facilitate client transactions and portfolio management.

Important Awards or Recognitions Received

As of the latest information, there are no specific awards or recognitions publicly associated with Paragon Investments. However, the firms operational history and client satisfaction may serve as informal indicators of its success.

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Trading Services Offered

Forex Trading Options

Paragon Investments offers a range of trading services, including Forex trading. While the exact number of currency pairs available has not been specified, investment firms typically provide access to major, minor, and exotic currency pairs to meet diverse trading strategies.

Stock Trading Options

The company likely provides stock trading services, allowing clients to invest in various publicly traded companies. Specific details regarding the stocks available for trading are not disclosed.

CFD Trading Products

Contracts for Difference (CFDs) are a common offering among investment firms, allowing clients to speculate on price movements without owning the underlying asset. Paragon Investments may offer CFD trading across various asset classes, though specific products are not detailed.

Other Financial Instruments

In addition to Forex and stock trading, Paragon Investments may provide access to other financial instruments, including:

  • Cryptocurrencies: As the digital currency market grows, firms often include crypto trading options.
  • Commodities: Investment in physical goods such as gold, oil, or agricultural products may also be available.

Special Services or Unique Advantages

Paragon Investments prides itself on delivering personalized service and tailored investment strategies. The firms small size allows for a more hands-on approach, which can be a significant advantage for clients seeking individualized attention.

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Detailed Regulatory Information

Paragon Investments operates within the framework of U.S. financial regulations. While specific regulatory bodies overseeing the firm have not been explicitly mentioned, it is reasonable to assume compliance with the SEC and FINRA regulations that govern investment practices.

The company is structured as a limited liability company (LLC), which provides it with liability protection while allowing for flexible management structures. This legal framework is common among investment firms in the United States.

Client Fund Protection Measures

Investment firms typically implement measures to protect client funds, such as segregating client accounts and adhering to regulatory requirements for capital reserves. Specific details regarding Paragon Investments measures are not available but are standard practice in the industry.

Countries/Regions Served

While primarily focused on the U.S. market, Paragon Investments may engage with clients interested in international investment opportunities. However, the extent of this service has not been detailed.

Compliance History

Paragon Investments has been operational for over a decade, indicating a history of compliance with applicable regulations. However, specific compliance records or incidents have not been disclosed.

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Competitive Landscape

3-5 Main Competitors

Paragon Investments operates in a competitive landscape that includes various investment firms. Key competitors may include:

  1. Vanguard Group - Known for its low-cost index funds and investment management services.
  2. Fidelity Investments - Offers a wide range of financial services, including brokerage and retirement planning.
  3. Charles Schwab - Provides comprehensive investment services and has a strong reputation for customer service.

Positioning in the Industry

Paragon Investments positions itself as a personalized investment firm, focusing on individual client needs rather than competing on a large scale with major financial institutions. This niche approach allows it to cater to clients looking for tailored investment strategies.

Market Differentiation Factors

Paragon Investments differentiates itself through:

  • Personalized Service: With a small team, the firm can provide individualized attention to each client.
  • Local Expertise: Being based in Saint Paul, MN, allows for a deep understanding of regional investment opportunities.
  • Flexible Strategies: The firms ability to adapt to client needs can set it apart from larger, more rigid competitors.

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In conclusion, Paragon Investments Company has established itself as a small yet significant player in the investment sector since its founding in 2010. With a focus on personalized service and a commitment to client satisfaction, it continues to navigate the complexities of the financial landscape. For those interested in learning more about Paragon Investments and its offerings, further exploration is encouraged.