Parkway Futures Ltd Broker Review

　　

Parkway Futures Ltd 2025 Review: Everything You Need to Know

　　Summary: Parkway Futures Ltd, an unregulated brokerage, has garnered mixed reviews from users and experts alike. While it offers a diverse range of trading instruments and a user-friendly platform, concerns regarding its regulatory status and customer support persist. Notably, its lack of access to popular trading platforms like MT4 and MT5 raises red flags for potential traders.

　　Note: It is crucial to recognize that Parkway Futures Ltd operates under various entities across regions, which may affect the user experience. This review aggregates information to provide a fair and accurate representation of the broker's offerings.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	4
Tools and Resources	5
Customer Service and Support	3
Trading Setup (Experience)	5
Trustworthiness	2
User Experience	4

　　How We Rate Brokers: Our ratings are based on a combination of user feedback, expert opinions, and factual data regarding the broker's services and offerings.

　　

Broker Overview

　　Founded in 2016, Parkway Futures Ltd is a brokerage firm based in the United States. The broker provides access to various trading instruments, including forex, precious metals, energy, and cryptocurrencies. However, it operates without substantial regulatory oversight, holding only a general registration with the National Futures Association (NFA), which does not equate to full regulation. The trading platform offered by Parkway is ST5, which lacks the familiarity of industry-standard platforms like MT4 and MT5. The absence of these popular platforms may deter potential clients who are accustomed to their functionalities.

　　

Detailed Analysis

　　Regulatory Status: Parkway Futures Ltd is not regulated by any major financial authority, which raises significant concerns regarding the safety of client funds. The only regulatory information available is its general registration with the NFA, which explicitly states that it is not under the regulatory scope of the association. This lack of oversight is a critical factor that potential traders should consider, as it may lead to issues regarding fund security and dispute resolution.

　　Deposit and Withdrawal Methods: The broker does not provide clear information on the available deposit and withdrawal methods, which can cause frustration among users. Transactions are reportedly settled in U.S. dollars, but specific channels and fees remain undisclosed. This lack of transparency could lead to complications for traders trying to manage their funds effectively.

　　Minimum Deposit: Parkway Futures Ltd has a minimum deposit requirement of $1,000 to activate a live trading account, although opening an account is free. This relatively high entry point may limit access for novice traders or those with smaller capital.

　　Bonuses and Promotions: There is no information available regarding bonuses or promotional offers from Parkway Futures Ltd. The absence of such incentives could be perceived as a drawback, especially when compared to other brokers that frequently offer bonuses to attract new clients.

　　Asset Classes: Traders at Parkway Futures Ltd can access a wide array of asset classes, including forex, precious metals, energy, and cryptocurrencies. This diversity allows traders to construct varied portfolios, taking advantage of different market opportunities. However, the lack of detailed information about each asset class may hinder traders' ability to make informed decisions.

　　Costs: The broker claims to offer zero spreads and zero commissions, which could be appealing for cost-conscious traders. However, the actual trading costs may vary based on market conditions, and potential overnight fees could apply. This lack of clarity around costs can be a concern for traders seeking a transparent pricing structure.

　　Leverage: Parkway Futures Ltd offers leverage of up to 1:100, allowing traders to control larger positions with a smaller initial investment. While leverage can amplify potential profits, it also increases the risk of significant losses, making risk management crucial for traders.

　　Trading Platforms: The primary trading platform provided by Parkway Futures Ltd is ST5, which is available on multiple devices. However, the absence of the widely used MT4 and MT5 platforms may deter many traders who prefer the advanced features and tools offered by these platforms.

　　Restricted Regions: Parkway Futures Ltd does not accept clients from certain countries, including North Korea, Israel, China, Vanuatu, and Cuba. This limitation could affect potential clients looking to trade from these regions.

　　Available Customer Support Languages: Customer support is primarily available through email, with limited contact methods provided. The absence of phone support or live chat can be a significant drawback for traders seeking immediate assistance.

　　

Ratings Revisited

Category	Rating (out of 10)
Account Conditions	4
Tools and Resources	5
Customer Service and Support	3
Trading Setup (Experience)	5
Trustworthiness	2
User Experience	4

　　

Detailed Breakdown

• 　　Account Conditions: The minimum deposit requirement of $1,000 is considered high compared to other brokers, limiting access for many traders. The lack of a tiered account structure also reduces flexibility for traders with varying capital levels.

• 　　Tools and Resources: While Parkway Futures Ltd offers a diverse range of instruments, the educational resources available are limited. This could hinder inexperienced traders looking for guidance.

• 　　Customer Service and Support: The lack of multiple support channels, such as live chat or phone support, is a significant drawback. Users have reported difficulties in reaching customer service, which can lead to frustration.

• 　　Trading Setup: The ST5 trading platform is user-friendly but lacks the advanced features of MT4 and MT5. This may deter experienced traders who prefer more robust trading tools.

• 　　Trustworthiness: The unregulated status raises serious concerns about fund safety and the overall credibility of the broker. Users should exercise caution when considering trading with Parkway Futures Ltd.

• 　　User Experience: Overall user experience appears to be mixed, with some users appreciating the diverse asset offerings, while others express concerns over customer support and regulatory issues.

　　In conclusion, while Parkway Futures Ltd offers a variety of trading instruments and a straightforward platform, its lack of regulation and limited customer support options present significant risks. Potential traders should conduct thorough research and consider these factors before deciding to invest with this broker.