FastBull BrokersView
Sign In

ParkMoney

Save

Operating status: SCAM

Website: https://www.parkmoneyfx.com/

Broker violations and abnormal records
  • Jul 20, 2025 BrokersView has found that ParkMoney appears to be a scam

    ParkMoney Limited claims to be registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines; however, our investigation found no matching entity in the SVG FSA’s official registry. The company also claims to operate in Dubai, UAE, but upon checking with the Securities and Commodities Authority (SCA), we found no evidence of it being licensed or regulated by this authority either. Based on these findings, ParkMoney is highly unlikely to hold any valid financial license permitting it to offer financial services or forex trading to the public, and it appears to be operating fraudulently.

     
     
    ParkMoney Limited claims to be registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines; however, our investigation found no matching entity in the SVG FSA’s official registry. The company also claims to operate in Dubai, UAE, but upon checking with the Securities and Commodities Authority (SCA), we found no evidence of it being licensed or regulated by this authority either. Based on these findings, ParkMoney is highly unlikely to hold any valid financial license permitting it to offer financial services or forex trading to the public, and it appears to be operating fraudulently.

Related Complaints

Q&A

I am unable to withdraw my account balance, can you investigate Parkmoney or help raise awareness?

Dime Isbeer
Iraq
Jul 20, 2025
ANSWER Dear Investor, ParkMoney Limited claims to be registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines. However, our investigation found no matching entity in the SVG FSA’s official registry. Furthermore, ParkMoney also claims to operate in Dubai, UAE. Upon checking its company name with the Securities and Commodities Authority (SCA) in UAE, we found no evidence of it being licensed or regulated by this authority either. Based on our findings, it is highly unlikely that ParkMoney holds a valid financial licence that would allow it to offer financial services or foreign exchange trading to the public. As such, the company appears to be operating fraudulently. We strongly advise you to cease further transactions with this broker. If you have experienced withdrawal issues and have not received a response from the broker, we recommend reporting the issue to your local regulatory authorities. Gather all relevant documentation, including transaction records, chat logs, and screenshots. You may also file a complaint via our official website here. Our team will review your case carefully and provide guidance or explore possible avenues for support. Please remain vigilant against recovery scams. Fraudsters often prey on victims of financial scams by offering fake recovery services in exchange for upfront fees. Always verify the legitimacy of any party offering assistance.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.