About PARKWAY MARKET
Company Overview
Parkway Market is an unregulated brokerage that was founded on January 10, 2024. While its official registration is in the United Kingdom, its registered address is in Hong Kong: Unit D, 16/F, One Capital Place, 18 Luard Road, Wan Chai. The broker offers a multi-asset trading environment, providing access to forex, metals, energy, stocks, indices, and cryptocurrencies through leveraged CFDs.
Regulation and Risk
As of our review, Parkway Market holds no regulatory licences from any financial authority. The absence of oversight means traders have no recourse through a regulator in case of disputes. The broker’s FXCanary Scam Risk Score is 75/100, indicating a severe risk profile. Traders should exercise extreme caution when considering this broker.
Account Types
Parkway Market offers three live account tiers designed for different capital levels. The Standard account requires a minimum deposit of $3,000, the Pro account $10,000, and the Max account $50,000. All accounts provide the same maximum leverage of 1:2000, which is extremely high and magnifies both potential gains and losses.
Trading Platforms
The broker supports the cTrader platform, available on desktop (Windows and Mac) and mobile app. cTrader is known for its intuitive interface and advanced charting tools. Traders can also access a web-based platform for online trading without installation. The broker promotes 24/7/365 customer support.
Instruments and Spreads
According to the broker’s website, spreads start from 0.1 pips, though this is a marketing claim. The instrument list includes forex pairs, metals (e.g., gold, silver), energy CFDs (e.g., oil, natural gas), stock CFDs, and index CFDs, as well as cryptocurrencies. Actual spreads and commissions may vary by account type and instrument.
Target Audience
Given the high leverage and lack of regulation, Parkway Market appears to target experienced traders willing to accept significant risk. The high minimum deposit for the standard account ($3,000) may also exclude novice or small-balance traders. The broker does not appear to offer Islamic or swap-free accounts based on publicly available information.
Overview compiled by FXCanary from regulatory records and public data. full PARKWAY MARKET review