Operating status: SCAM
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.