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Parkway Futures Ltd Company

  

Parkway Futures Ltd Company Overview

  

Founding Date and Background

  Parkway Futures Ltd was founded in 2016, emerging as a global brokerage firm that offers a range of trading services primarily in the forex and CFD markets. The company aims to provide traders with access to various financial instruments, including forex, precious metals, energy, and cryptocurrencies.

  

Parent Company/Ownership Structure

  As of now, Parkway Futures Ltd operates as an independent brokerage without a parent company. It has garnered attention for its services despite its lack of robust regulatory oversight.

  

Headquarters Location

  The company is headquartered in the United States, although it also claims operations in the United Kingdom, with a registered office located at Flat 43 Perkins House, Wallwood Street, London, E14 7AH.

  

Global Business Scope

  Parkway Futures Ltd serves clients worldwide, offering trading services across multiple asset classes. However, it has certain restrictions in place and does not accept clients from specific countries, including North Korea, Israel, China, Vanuatu, and Cuba.

  

Main Regulatory Bodies

  Parkway Futures Ltd is not fully regulated. It holds a general registration with the National Futures Association (NFA) under license number 0556311. This limited regulatory status raises concerns about the safety and credibility of the brokerage.

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Company History and Development

  

Key Milestones

  Since its inception in 2016, Parkway Futures Ltd has focused on establishing itself in the trading industry. However, it has faced challenges due to its unregulated status, which has affected its reputation among potential clients.

  

Business Expansion Journey

  The company has expanded its offerings to include a wide range of financial instruments. Despite its limited regulatory framework, Parkway Futures Ltd has managed to attract a diverse clientele by providing competitive trading conditions, such as zero spreads and no commissions.

  

Customer Base Growth

  Although specific statistics on customer growth are not readily available, the firm has reportedly seen a steady increase in its user base, thanks in part to its user-friendly trading platform and diverse product offerings.

  

Platform Development History

  Parkway Futures Ltd utilizes the ST5 trading platform, which is accessible on multiple devices, including PCs, iOS, and Android. This platform has been designed to offer advanced charting tools and technical analysis features, catering to both novice and experienced traders.

  

Important Awards or Recognitions Received

  As of now, Parkway Futures Ltd has not received any notable awards or recognitions within the industry, primarily due to its relatively short operational history and unregulated status.

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Trading Services Offered

  

Forex Trading Options

  Parkway Futures Ltd provides access to a variety of currency pairs, allowing traders to engage in forex trading. The exact number of currency pairs offered is not specified, but the brokerage claims to cover major and minor pairs.

  

Stock Trading Options

  Currently, Parkway Futures Ltd does not explicitly mention offering direct stock trading services. Its primary focus remains on forex and CFD trading.

  

CFD Trading Products

  The company offers a range of Contract for Difference (CFD) products, allowing traders to speculate on price movements without owning the underlying assets. This includes CFDs on commodities, indices, and cryptocurrencies.

  

Other Financial Instruments

  In addition to forex and CFDs, Parkway Futures Ltd provides trading options in precious metals (like gold and silver) and energy commodities (such as crude oil and natural gas). The firm has also recognized the growing interest in cryptocurrencies, offering trading in digital currencies like Bitcoin and Ethereum.

  

Special Services or Unique Advantages

  One of the unique advantages of Parkway Futures Ltd is its zero-spread and zero-commission trading environment, which can be particularly appealing for high-frequency traders. The brokerage also offers a demo account, allowing potential clients to familiarize themselves with the platform before committing real funds.

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Regulatory and Legal Background

  

Detailed Regulatory Information

  Parkway Futures Ltd operates without comprehensive regulation. It holds a general registration with the National Futures Association (NFA) but lacks oversight from more stringent regulatory bodies, raising concerns about its credibility.

  

  The company is structured as a private limited company, registered in both the United States and the United Kingdom. Its registration number in the UK is 14859747.

  

Client Fund Protection Measures

  Parkway Futures Ltd claims to implement segregation of client funds, keeping them separate from operational funds. However, the lack of robust regulatory oversight may limit the effectiveness of these measures.

  

Countries/Regions Served

  While Parkway Futures Ltd offers its services globally, it has imposed restrictions on clients from certain jurisdictions, including North Korea, Israel, China, Vanuatu, and Cuba.

  

Compliance History

  The compliance history of Parkway Futures Ltd is not well-documented, primarily due to its limited regulatory framework. Traders are advised to conduct thorough research before engaging with the brokerage.

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Competitive Landscape

  

3-5 Main Competitors

  Parkway Futures Ltd operates in a competitive landscape, facing competition from several well-established brokers, including:

  • Valutrades: Known for its reliable trading experience and a range of account types.
  • Pepperstone: Recognized for competitive spreads and advanced trading platforms.
  • Admiral Markets: Offers strong regulatory oversight and a user-friendly trading environment.

  

Positioning in the Industry

  Parkway Futures Ltd positions itself as a cost-effective trading platform, emphasizing its zero-spread and zero-commission structure. However, its lack of regulation and limited customer support options may hinder its competitive edge.

  

Market Differentiation Factors

  The primary differentiating factors for Parkway Futures Ltd include its competitive trading conditions (zero spreads and commissions) and the availability of a demo account. However, its unregulated status and limited educational resources may deter potential clients.

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  In conclusion, Parkway Futures Ltd operates as a global brokerage firm that offers a range of trading services, primarily focused on forex and CFD trading. Despite its competitive trading conditions, the lack of robust regulatory oversight raises concerns about its credibility and safety. Potential clients are encouraged to conduct thorough research and consider their trading preferences before engaging with the brokerage.

  For more information about Parkway Futures Ltd, learn more.