This firm claims to be registered in the UK and indicates the head office address in the “Contacts” section, which does not coincide with the address in the website’s footer. In addition, the brokerage company displays many logos of licenses from different international trading regulators. Judging by the history on the website, the company was founded in 2018, and the launch of the platform came in 2020. Is this project reliable? In our review of Park Financial Consulting LTD, we will determine the legality of this broker.

How to Trade

It offers clients CFD trading on the MT5 platform as well as on Web Trader with its own software. Traders can use the website or mobile application.

The company promises to provide:

  • Customizable accounts with account currency in GBP and leverage from 1:1 to 1:500.
  • Trader’s calculator with set volumes and instrument parameters, including currency pairs.
  • Four types of traditional accounts with minimum deposits from £100 to £100,000.
  • Savings account with 21-37% interest accrual and monthly interest payments.

The range of services differs depending on the minimum deposit amount. The project offers access to webinars, copytrading, arbitrage, insurance, and investor support, but only at the maximum account level. Clients can use bank cards or cryptocurrency for deposits and withdrawals.

The essence of the user agreement boils down to one thing – the company’s management does not guarantee the accuracy of the information on the site, the broker can at its own discretion and at any time limit the client’s access to the service. The firm declares that it is not responsible for damages and financial losses of users, which happened for any reason.

The site supports English (by default) and versions in Polish and Russian. Registered users can access the latest news, currency market analytics, and 24/7 technical support.

Park Financial Consulting LTD Vital Info

The website talks about more than 35 thousand active traders and 4 years of the company’s operation. However, the domain appeared only in December 2023. We decided to clarify the age of this organization, registered in London. Indeed, we found information in the register of legal entities of the UK company with the name Park Financial Consulting LTD, which appeared back in 2010, which is much earlier than the age of the project we are investigating. Moreover, it provides lending services rather than financial intermediation in the market.

We will now scrutinize one of the three licenses: from the regulators of Cyprus, the International Financial Services Board (IFSB), and the Financial Services Commission of the Republic of Mauritius. Only their license numbers are listed in the footer of this website. Our check of the CySEC Cyprus license clears up the situation – there is no such company in the register. We believe that there is no point in checking the other licenses. So who owns this company, which manages the site and where is the brokerage activity regulated? It is unknown.


What are the key facts about Park Financial Consulting LTD?

The company carefully conceals the founders and owners of the project, as well as its own details and scans of licenses, registration certificates, and office rental documents. According to the maps, there is a shopping center in London at the address indicated on the website. Inside, there is no office that could belong to the broker. This company, which has been operating since 2018, does not exist in the registers of any jurisdiction.

What's the risk to my wallet when working with this broker?

We have checked the data of the brokerage firm and concluded that you should not entrust your funds to it. Our conclusion is based on the absence of company registration, licenses, and physical offices. You run the risk of both trading CFDs on your own with high leverage, limited to 1:30 in the UK, and transferring your investments to a savings account at an unrealistically high rate of 27%.

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