ParFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.parfx.com, about the company's legal and temporary regulatory information, the company's address .
ParFX Forex Broker
Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
--
Company Name
ParFX (UK) Limited
Abbreviation
ParFX
Company employee
--
Customer Service Email Address
trading.operations@parfx.com
Contact Number
+12122385930
Company Website
Keywords
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
General Information ParFX is broker aiming to bring renewed transparency and equality to global wholesale electronic spot FX trading. It is open to non-bank institutions as well as banks, extending access to hedge funds, asset managers, pension funds and corporations utilising the credit of their prime bank. Accessing ParFX is open to all FX trading firms (banks and non-bank institutions) that have direct or third-party access to CLS settlement services and the required level of bilateral credit relationships with other participants on the platform, either directly or via their prime bank. Pricing Brokerage is applied equally to all participants on the platform at USD 2.00 per million USD equivalent, regardless of volumes traded. Currencies ParFX supports spot FX trading in the following currency pairs: Customer Support To discuss how ParFX can support clients trading needs, please e-mail sales@parfx.com or call +44 (0)20 7198 1575.
Rating Index
Pros
Offers a platform backed by major banks, which may provide a level of credibility in the forex trading space.
Focuses on creating a level playing field with features such as randomized pauses, potentially reducing the impact of high-frequency trading.
Low-cost connectivity and brokerage fees can be attractive for traders looking to minimize expenses.
Cons
ParFX is not regulated by any financial authorities, raising concerns about the safety of funds and investor protection.
The platform primarily caters to institutional clients rather than retail traders, limiting access for individual investors.
There have been reports labeling ParFX as a scam, which can deter potential clients and impact trust in the broker.
How to login to ParFX?
parfx Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide for managing your parfx account. This guide covers everything you need to know about the registration, account opening, and login processes for the parfx trading platform. Whether your
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ParFX Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.34, Software Index 4.00 Risk Control Index 0.00.