Paramount

Paramount is a brokerage entity operating under the domain paramountiavest.live, registered in the United Kingdom but listing a physical address in Great Neck, New York, USA. The broker was founded on 31 October 2025, making it a very recent entrant to the online trading space. According to our records, the firm does not hold any verifiable regulatory licences from any recognised financial authority, which is a significant factor for potential clients to consider.

Paramount presents itself as a multi-account broker catering to traders with varying capital levels. It offers five distinct account types: TEST, BEGINNER, BASIC, STANDARD, and BUSINESS, each with a different minimum deposit requirement. However, details on tradable instruments, trading platforms, and leverage are not publicly disclosed in the available information, leaving substantial gaps in the broker’s service profile.

One of the most critical aspects of any broker assessment is its regulatory status. Paramount does not appear on the registers of any major financial regulators such as the FCA (UK), CySEC (Cyprus), ASIC (Australia), or the CFTC (USA). The absence of oversight from a credible authority means that client funds are not protected under any compensation scheme, and the broker is not required to adhere to strict operational standards.

Traders should exercise extreme caution when dealing with unregulated entities. Without regulatory supervision, there is no independent recourse in case of disputes, misappropriation of funds, or platform malfunctions. The broker's registration in the UK does not equate to FCA authorisation, and the listed US address further complicates jurisdictional clarity.

Paramount offers five account tiers, each designed to accommodate different deposit levels. The TEST account requires a minimum deposit of $500, making it the most accessible for beginners. The BEGINNER account starts at $1,000, followed by BASIC at $8,999, STANDARD at $25,000, and BUSINESS at a substantial $100,000. Notably, no maximum leverage is specified for any account type, which could indicate either restrictive or undefined trading conditions.

The high minimum deposit for the BASIC, STANDARD, and BUSINESS accounts suggests the broker may be targeting retail traders with considerable capital or institutional clients. However, without clarity on spreads, commissions, or available instruments, it is difficult to assess the value proposition of these tiers. The lack of platform information further obscures the trading experience.

Paramount lists a registered address in the United Kingdom, but the operational address provided is 11 Grace Avenue, Ste 108, Great Neck, New York, 11021, USA. This dual location raises questions about the broker's true place of business and the legal framework governing its operations. The US address is not a common financial hub and may be a virtual office or mail forwarding service.

Clients should be wary of brokers that register in one jurisdiction but operate from another without clear regulatory alignment. The UK registration may be used for administrative convenience rather than genuine oversight. The lack of a consistent regulatory presence in either country adds to the risk profile.

FXCanary's Scam Risk Score for Paramount is 57 out of 100, categorised as Elevated. This score reflects the combination of a very recent founding date, absence of regulation, and limited publicly available information. While the broker has not been proven fraudulent, the lack of transparency and regulatory safeguards warrants a cautious approach.

Potential clients should consider that trading with an unregulated broker carries inherent risks, including potential loss of all invested capital without legal protection. It is advisable to demand verifiable proof of regulation and to conduct thorough due diligence before depositing funds. In the absence of such assurance, alternative regulated brokers should be prioritised.