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/10

Paramount Markets

Saint Lucia | 5-10 years |
ECN Account Suspicious Regulatory License | MT5 Full License | Global Business | High potential risk

http://www.fx-paramount.com/#intro

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

ParamountMarkets-Server

Germany
MT5
3

Influence

D

Influence index NO.1

Germany 2.48

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
ParamountMarkets-Server MT5
Server Location Germany

Influence

Influence

D

Influence index NO.1

Germany 2.48
Surpassed 21.50% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+971 4 5752 325
support@fx-paramount.com
http://www.fx-paramount.com/#intro
1709, Clover Bay, Business bay Dubai, UAE

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-08-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Lucia
Operating Period
5-10 years
Company Name
Paramount Markets Limited
Customer Service Email Address
support@fx-paramount.com
Contact Number
+97145752325

bulent

Unverified

Montenegro

I believe this Dubai-based company has completely collapsed and deceived people, wrongfully seizing their money. Since the beginning of December, our withdrawal requests have been ignored, and finally at the start of this month, both our panel and Meta accounts were closed. The IB who directed us to this company misled us by saying that an apartment would be sold in Iran and our money would be paid, keeping us waiting and deceiving us for 9 months. Now, we cannot access either our account or the panel. Stay away from this company, which has harmed many people, because I was able to reach some of their employees and even they are not being paid their salaries.

Exposure

08-20

metin cengiz

Unverified

Turkey

Hello, my name is Metin Cengiz. The company Paramount, which I have an account with, has not paid our 17,342 dollars since December 17. The IB we work with is constantly stalling us by saying the company will pay but does not have the money. The fact that the company has not paid a single dollar for months cannot be considered good faith. Stay away from this company, especially Dubai investors.

Exposure

04-28

FX1265943316

Unverified

South Africa

Great broker so far, their customer service chat is very helpful in solving any issues. Looking forward to continuing to trade with Paramount.

Positive

2023-02-24

FX1127939830

Unverified

Netherlands

Once you start working with Paramount, you will realize how much better they are, compared to others. They have the best customer support service. Extremely satisfied!

Positive

2022-12-08

4
Account
Related Software
Biz Area
Website
Company Summary
Disclosure
Wiki Q&A
Comment
Related Software
Full License MT5
0
MT4 Servers
1
MT5 Servers
236.17
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Website

fx-paramount.com
185.227.138.230
Server Location
Turkey
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

Paramount Review Summary
Founded2-5 years
Registered Country/RegionUnited Arab Emirates
RegulationUnregulated
Market InstrumentsFX Pairs, Metals, Cryptos, Indexes, Commodities, Stocks
Demo AccountN/A
LeverageUp to 1:500
SpreadStarting at 0.6 pips
Min Deposit$100 USD
Customer SupportPhone: +97 14 3232 183
Email: Info@fx-paramount.com

Paramount Information

Headquartered in the United Arab Emirates, Paramount offers trading services for a variety of financial instruments, including forex pairs, metals, cryptocurrencies, indices, commodities, and equities. Paramount offers two different account types, Paramount PRO and Paramount ECN.

Paramount Information

Pros and Cons

ProsCons
Offers a variety of market instrumentsUnregulated Status
High leverage up to1:500Higher commission for PARAMOUNT ECN
Multiple payment methodsLimited information on trading platforms
Compatibility with different devicesLimited maximum leverage for PARAMOUNT ECN
Accessible trading platformsLimited cryptocurrency/stock leverage

Is Paramount Legit?

Paramount lacks valid regulation at the moment.

What Can I Trade on Paramount?

Paramount offers traders the opportunity to have access to trade forex, commodities, indices, metals, stocks and cryptocurrencies.

What Can I Trade on Paramount?
Tradable InstrumentsSupported
Commodities
Stocks
Metals
Crypto currencies
Indices
Forex
Binary Options
Mutual Funds
Futures

Account Types

Paramountroffers four live account types, namely Standard Account, ECN Account, Pro Account and Copy Trade Account.

The Standard Account, ECN Account, Pro Account, and Copy Trade Account offer minimum deposits $10, $2000, $5000 and $10 respectively.

Account Types
Minimum DepositLeverageSpreadCommissionSwapStop out levelMargin callMin lot size
Standard Account$10500:11.6FreeFree30%90%0.01
ECN Account$2,000500:10.6$4Free30%90%0.01
Pro Account$5,000100:10$7Yes50%90%0.01
Copy Trade Account$10500:11FreeFree30%90%0.01

Leverage

Pro accounts provide a maximum leverage of 1:100, while the other three types accounts offer a maximum leverage of 1:500.

Paramount Fees

The Standard Account, ECN Account, Pro Account, and Copy Trade Account offer spreads of 1.6, 0.6, 0, and 1, respectively.

Commissions are free for standard and copy trading accounts, and $4 and $7 for ECN and proaccounts, respectively.

The Min lot size is 0.1 for all accounts.

Trading Platform

Paramount offers a trading platform for Android, Google, Linux, iOS and Windows users.

Trading Platform
Trading PlatformSupportedAvailable DevicesSuitable for
Paramount platformAndroid, Google, Linux, iOS and WindowsInvestors of all experience levels

Deposit and Withdrawal

There is no deposit fee for wire transfers, a $50 wire transfer fee for withdrawals, instant deposit processing, and withdrawals up to 24 hours.

There is no commission for cryptocurrency trading, with a minimum deposit or withdrawal amount of $100, a maximum of $100,000 and a maximum withdrawal time of 24 hours.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Global Business
  • High potential risk

Wiki Q&A

MarceloD
Within 1 year

What is the minimum deposit on Paramount?

WikiFX Reply
The minimum deposit varies by account type. If you're just starting, the Standard and Copy Trade Accounts require a $10 deposit, which is super low and makes it accessible for new traders. However, if you want to go for the ECN Account, the deposit is $2,000, and for the Pro Account, it’s $5,000, which is on the higher side, but it comes with more benefits.
Broker Issues
Paramount Markets
Deposit
Withdrawal
08-05
United States
TJensen
Within 1 year

How long does a withdrawal take?

WikiFX Reply
Paramount claims that withdrawals take up to 24 hours, which is fast compared to some brokers that take days to process payments. However, I’d advise checking the payment method, as wire transfers might take longer due to bank processing times.
Broker Issues
Paramount Markets
Deposit
Withdrawal
06-09
United States
seejay
Within 1 year

Is Paramount a safe and legit broker?

WikiFX Reply
Personally, I wouldn't consider Paramount fully safe due to its unregulated status. While it does offer various market instruments, the lack of regulatory oversight makes me cautious. I’d always suggest looking for brokers who are regulated by well-known authorities because it ensures certain standards are met, and you know your funds are better protected.
Broker Issues
Paramount Markets
Regulation
06-08
United States
Rpy Sundram
Within 1 year

What payment methods does Paramount support?

WikiFX Reply
I like the variety of payment methods Paramount supports, including wire transfers and cryptocurrency, which makes it easier to fund my account. It’s also nice that they don't charge deposit fees for wire transfers or cryptocurrency, but the withdrawal fee for wire transfers ($50) is something to keep in mind.
Broker Issues
Paramount Markets
Deposit
Withdrawal
05-13
United States
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