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Warning
SG MAS
2024-02-27
Investor Alert List 
Parity
No Regulation
Score
1.19 /10
Danger
Parity
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index4.51
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Regulatory disclosure
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2024-11-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note:Parity's official website:https://paritytrade.com/ is currently inaccessible normally.
| Aspect | Information |
| Company Name | Parity |
| Registered Country/Area | Singapre |
| Founded Year | 1998 |
| Regulation | Unregulated |
| Customer Support | Email:Info@parityams.com |
Parity Information
Founded in 1998 and with headquarters in Singapore, Parity functions as an unregulated broker. Email customer service is accessible at Info@parityams.com. Lack of control over regulations begs questions regarding the validity and safety of the platform.
Is Parity Legit or a Scam？
Parity is unregulated and lacks supervision from any kind of financial power. For dealers, this lack of control seriously compromises legitimacy and safety.Users need to care about it and better to choose a regulated platform.
Downsides of Parity
Parity runs free without any regulation, which cause issues regarding the validity and safety of the platform and leaves traders vulnerable.
The broker has been warned for having a dubious scope of business and significant potential risk, so suggesting potentially fraudulent activity.
Parity does not offer any trading tools, also no trading apps.This influences its usefulness and accessibility for traders.
Conclusion
For trading, parity is perilous since it is an unsupervised broker with a high-risk profile. It provides no trading tools, so it can be inconvenient for users. Choosing open-minded regulated brokers will help to ensure the dependability and security of your money.
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