Paramount Journal

Journal status: live
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Paramount Profile
Year
2016
Country
Saint Lucia
Branches
1
Regulation
FSRA Saint Lucia
Registration
FSRA Saint Lucia
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cuba, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iran, Ireland , Italy, Korea, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sudan, Sweden, Syria, UK, US
Broker type
MM, DMA, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
1
LPs quality
Other
LPs names
BMFN

Paramount Accounts
MM
DMA
ECN
Minimum Deposit
10 $
5000 $
100 $
Leverage
1000 : 1
100 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
0.01 lots
EURUSD spread
1.6 pips
0 pips
0.6 pips
Commission
0 $/lotRT
7 $/lotRT
4 $/lotRT
Volume
...
...
...
Margin Call
90 %
90 %
90 %
Stop Out
30 %
50 %
30 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
no
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card
Base currency
USD
Segregated accounts
...
Interest on margin
no
Inactivity fee
after 6 months
Update broker

Is Paramount safe?

  • Investor protection: no
  • Regulation: FSRA Saint Lucia
  • Registration: FSRA Saint Lucia
  • Publicly traded: no
  • Segregated account: ...
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Paramount trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • Paramount website: semi-detailed, updated ★★★
  • Paramount popularity (by visitor count): low visits ★★

How Paramount works



7. PRINCIPAL’S MARKET
CFDs are not traded on a regulated market and therefore do not require open outcry. Instead, CFDs are traded in the over-the-counter dealer market. (“Paramount”) is a dealer in CFDs and, as such, may be a counterparty to your transactions. You will therefore transact at prices established by Paramount. Even though BMFN’s quotations and prices are assisted by many computer- based component systems, its quotations and prices may vary due to market liquidity and may not be as favorable as those of other dealers.

6. PRICING, SCALPING, ORDERS AND GAPPING MARKETS.
Client understands and agrees that he/she will not enter into transactions for purposes of scalping, arbitrage or to intentionally exploit or manipulate any inaccuracy, regardless of how minor, major, obvious or unobvious, in any rate or pricing offered by Paramount whether through the usage of scripts, codes, electronic advisors, software or any other form of computer program or manual trading.



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