ParFX
We checked ParFX against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
According to its website, ParFX is owned by Tradition Financial Services Limited and is based in the United Kingdom. After verification, we found the corresponding company name on the British company page and the Financial Conduct Authority (FCA), but the registration URL with the FCA does not match the platform URL, and the business scope does not include retail foreign exchange customers. The truth is that ParFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, ParFX is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report ParFX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.