Parkway Market Review

About Parkway Market

Parkway Market operates under the name Parkway Global Capital Limited, with its registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. The company holds a Financial Crimes Enforcement Network (FinCEN) MSB license No. 31000247808047 and a Canadian FINTRAC MSB license No. C100000346, and holds Exempt Reporting Adviser (ERA) status with the U.S. Securities and Exchange Commission (SEC), CRD No. 329902 / SEC No. 802‑129524. It also asserts a Financial Services Licence from the Saint Lucia Financial Services Regulatory Authority (FSRA), though FSRA does not regulate forex or CFD activities. The company provides services via the cTrader platform, offering forex, metals, energy, stocks, indices, and cryptocurrencies. Account types include Standard, Pro, and Max, with minimum deposits ranging from $3,000 (Standard) up to $50,000 (Max). Spreads start at 0.4 pips (Standard), 0.2 pips (Pro), and zero spreads for Max accounts, all with respective commission structures. Maximum leverage across all accounts is 2000:1. Base currencies include USD, JPY, and USDT. Accounts support swap-free (Islamic), negative balance protection, hedging, scalping, smart stop‑out at 60%, and scalable contract sizes. The broker supports 24/7 customer support, and both real and demo account options are offered.

Pros and cons

Pros

• Wide asset class coverage: forex, metals, energy, stocks, indices, cryptocurrencies
• Swap‑free (Islamic) account availability, hedging, scalping, negative balance protection
• High leverage (up to 2000:1) and multiple account tiers with varying spreads and commission models

Cons

• Regulatory oversight limited to MSB and ERA registration; no regulation covering forex or CFD by recognized financial authorities
• Saint Lucia FSRA license applies to financial services generally, not specifically to forex/CFD, raising concerns for investor protection