Search

For more information about Parkway-Market Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Software Index

No software

Risk Control

Risk Manage

Parkway-Market Company

  

Parkway-Market Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Parkway-Market was founded with the objective of providing an innovative trading platform for retail and institutional investors. The company has positioned itself within the competitive landscape of online trading, focusing on forex, commodities, cryptocurrencies, and shares.

  

Parent Company/Ownership Structure

  Parkway-Market operates under the ownership of Parkway Global Capital Limited. This structure allows the company to leverage a broader financial network while maintaining its unique brand identity in the trading sector.

  

Headquarters Location

  The company is headquartered at 9085 Dallas Street, La Mesa, California, United States. This strategic location provides access to a robust financial market and regulatory environment.

  

Global Business Scope

  Parkway-Market caters to a diverse clientele across various regions, including North America, Europe, and Asia. The platform offers services in multiple languages, thereby enhancing its accessibility for international traders.

  

Main Regulatory Bodies

  Despite its global reach, Parkway-Market currently operates without valid regulatory oversight from major financial authorities. This lack of regulation raises concerns regarding the safety and security of client funds and trading practices.

  

2. Company History and Development

  

Key Milestones

  • Founding Year: Parkway-Market was established in the early 2020s, marking its entry into the forex and trading industry.
  • Platform Launch: The trading platform was launched shortly after the company's establishment, equipped with advanced trading tools and features.

  

Business Expansion Journey

  Since its inception, Parkway-Market has expanded its offerings to include a wider range of financial instruments, catering to the growing demands of traders. The company continuously updates its technology to enhance user experience.

  

Customer Base Growth

  The customer base of Parkway-Market has seen significant growth, particularly among forex traders. The platform's competitive spreads, high leverage options, and user-friendly interface have attracted both novice and experienced traders.

  

Platform Development History

  The company has invested in developing a robust trading platform, initially launching on web and mobile (iOS and Android) applications. The platform supports various trading styles, including scalping and long-term investing.

  

Important Awards or Recognitions Received

  To date, Parkway-Market has not received notable awards or recognitions, primarily due to its relatively recent entry into the market and the absence of regulatory endorsements.

  

3. Trading Services Offered

  

Forex Trading Options

  Parkway-Market provides access to a wide array of currency pairs, allowing traders to engage in forex trading. The platform offers over 50 currency pairs, including major, minor, and exotic pairs, catering to diverse trading strategies.

  

Stock Trading Options

  In addition to forex, Parkway-Market allows trading in shares of various companies, providing clients with opportunities to invest in both domestic and international markets.

  

CFD Trading Products

  The platform offers Contracts for Difference (CFDs) on multiple assets, enabling traders to speculate on price movements without owning the underlying assets. This includes CFDs on indices, commodities, and cryptocurrencies.

  

Other Financial Instruments

  Parkway-Market also supports trading in cryptocurrencies, including Bitcoin, Ethereum, and other altcoins. Additionally, commodity trading is available, covering precious metals, energy products, and agricultural commodities.

  

Special Services or Unique Advantages

  One of the standout features of Parkway-Market is its high leverage offerings, which can reach up to 2000:1, allowing traders to amplify their potential returns. The platform also provides negative balance protection, ensuring that clients cannot lose more than their deposited amount.

  

  

Detailed Regulatory Information

  Currently, Parkway-Market operates without valid regulatory licenses from recognized financial authorities. This lack of regulation poses significant risks for traders, as there is no oversight to ensure fair trading practices.

  

  Parkway-Market is registered under Parkway Global Capital Limited, with its operational base in Saint Lucia. This registration allows the company to function in various jurisdictions, albeit without regulatory backing.

  

Client Fund Protection Measures

  While the company claims to implement measures for protecting client funds, such as segregating client accounts, the absence of regulatory oversight raises concerns about the effectiveness of these protections.

  

Countries/Regions Served

  Parkway-Market serves clients globally, with a focus on North America, Europe, and parts of Asia. However, due to its unregulated status, it is essential for potential clients to conduct thorough research before engaging with the platform.

  

Compliance History

  Parkway-Market has not publicly disclosed any compliance history or issues. However, the lack of regulation indicates a potential risk for clients regarding the safety of their investments.

  

5. Competitive Landscape

  

3-5 Main Competitors

  • FXTM: A well-established forex broker known for its regulatory compliance and extensive educational resources.
  • IG Group: A leading provider of trading services with a strong reputation and regulatory oversight across multiple jurisdictions.
  • eToro: A social trading platform that allows users to copy the trades of successful investors, appealing to novice traders.
  • OANDA: A reputable forex broker offering competitive spreads and a wide range of trading instruments.

  

Positioning in the Industry

  Parkway-Market positions itself as a high-leverage trading platform targeting retail traders looking for flexibility and a wide array of trading instruments. However, its lack of regulation puts it at a disadvantage compared to its competitors.

  

Market Differentiation Factors

  The primary differentiating factors for Parkway-Market include its high leverage options, negative balance protection, and a diverse range of financial instruments. However, the absence of regulatory oversight is a significant drawback that potential clients should consider.

  

Conclusion

  Parkway-Market operates as an unregulated trading platform, offering a variety of financial instruments, including forex, stocks, CFDs, and cryptocurrencies. While it has made strides in providing a user-friendly trading experience and high leverage options, the lack of regulatory oversight raises concerns about the safety of client funds. Potential traders are advised to conduct thorough research and weigh the risks before engaging with Parkway-Market.

  Learn more about Parkway-Market

  Back to top