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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Paramount Markets

Saint Lucia Saint Lucia | 5-10 years |
ECN Account Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.fx-paramount.com/#intro

Website

Rating Index

Regulation 2.69 Tech 4.61 Reputation 3.62 Business 6.97 Risk Control 2.27
1.82

Contact

+971 4 5752 325
http://www.fx-paramount.com/#intro

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Lucia Saint Lucia
Operating Period
5-10 years
Company Name
Paramount Markets Limited
Email
support@fx-paramount.com
Contact Number
+97145752325
Account Info
Verified Site
About Us
Disclosure
Wiki Q&A
User Feedback

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Verified Site
模块说明(前端未翻译)

  • fx-paramount.com
    185.227.138.230
    Server Location
    Turkey Turkey
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Paramount Review Summary
Founded2-5 years
Registered Country/RegionUnited Arab Emirates
RegulationUnregulated
Market InstrumentsFX Pairs, Metals, Cryptos, Indexes, Commodities, Stocks
Demo AccountN/A
LeverageUp to 1:500
SpreadStarting at 0.6 pips
Min Deposit$100 USD
Customer SupportPhone: +97 14 3232 183
Email: Info@fx-paramount.com

Paramount Information

Headquartered in the United Arab Emirates, Paramount offers trading services for a variety of financial instruments, including forex pairs, metals, cryptocurrencies, indices, commodities, and equities. Paramount offers two different account types, Paramount PRO and Paramount ECN.

Paramount Information

Pros and Cons

ProsCons
Offers a variety of market instrumentsUnregulated Status
High leverage up to1:500Higher commission for PARAMOUNT ECN
Multiple payment methodsLimited information on trading platforms
Compatibility with different devicesLimited maximum leverage for PARAMOUNT ECN
Accessible trading platformsLimited cryptocurrency/stock leverage

Is Paramount Legit?

Paramount lacks valid regulation at the moment.

What Can I Trade on Paramount?

Paramount offers traders the opportunity to have access to trade forex, commodities, indices, metals, stocks and cryptocurrencies.

What Can I Trade on Paramount?
Tradable InstrumentsSupported
Commodities✔
Stocks✔
Metals✔
Crypto currencies✔
Indices✔
Forex✔
Binary Options❌
Mutual Funds❌
Futures❌

Account Types

Paramountroffers four live account types, namely Standard Account, ECN Account, Pro Account and Copy Trade Account.

The Standard Account, ECN Account, Pro Account, and Copy Trade Account offer minimum deposits $10, $2000, $5000 and $10 respectively.

Account Types
Minimum DepositLeverageSpreadCommissionSwapStop out levelMargin callMin lot size
Standard Account$10500:11.6FreeFree30%90%0.01
ECN Account$2,000500:10.6$4Free30%90%0.01
Pro Account$5,000100:10$7Yes50%90%0.01
Copy Trade Account$10500:11FreeFree30%90%0.01

Leverage

Pro accounts provide a maximum leverage of 1:100, while the other three types accounts offer a maximum leverage of 1:500.

Paramount Fees

The Standard Account, ECN Account, Pro Account, and Copy Trade Account offer spreads of 1.6, 0.6, 0, and 1, respectively.

Commissions are free for standard and copy trading accounts, and $4 and $7 for ECN and proaccounts, respectively.

The Min lot size is 0.1 for all accounts.

Trading Platform

Paramount offers a trading platform for Android, Google, Linux, iOS and Windows users.

Trading Platform
Trading PlatformSupportedAvailable DevicesSuitable for
Paramount platform✔Android, Google, Linux, iOS and WindowsInvestors of all experience levels

Deposit and Withdrawal

There is no deposit fee for wire transfers, a $50 wire transfer fee for withdrawals, instant deposit processing, and withdrawals up to 24 hours.

There is no commission for cryptocurrency trading, with a minimum deposit or withdrawal amount of $100, a maximum of $100,000 and a maximum withdrawal time of 24 hours.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Paramount Markets safe and reliable?

According to WikiFX data, Paramount Markets has a WikiFX score of 1.82 and is classified as Not Regulated. The brand operates under Paramount Markets Limited, registered in Saint Lucia, with a business scope listed as Suspicious Operational Region and an operating history of 5-10 years. WikiFX assessment indicates that the license list contains no items. Regulatory protection, if applicable, would depend on the specific legal entity, license status, product, and client jurisdiction. On this basis, the information points to a high-risk profile rather than a guarantee of safety or reliability.

10-17
United States

Is Paramount Markets regulated?

According to WikiFX data, Paramount Markets is classified as Not Regulated. The brand operates as Paramount Markets Limited and is registered in Saint Lucia. The license list contains no items, and no regulatory licenses are displayed. Therefore, WikiFX assessment indicates that Paramount Markets does not currently hold a regulatory license in the supplied records. Regulatory status should be considered separately for each legal entity operating under the brand.

10-17
United States

What is the minimum deposit of Paramount Markets?

According to WikiFX data, the minimum deposit varies by account type. The Standard account has an entry condition of $10, the ECN account has an entry condition of $1,000, and the Pro account has an entry condition of $5,000. The lowest minimum deposit among the listed accounts is therefore $10 for the Standard account.

10-17
United States

Does Paramount Markets support MT4 or MT5?

WikiFX data does not currently specify whether Paramount Markets supports MT4 or MT5. The account information lists features such as EA support, scalping, and hedging, but it does not name any trading platform. The relevant platform information is not currently publicly specified.

10-17
United States
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