➡️ In this section we will analyze Paragon Trade (also called with the name: prgntrade.co), is a broker of Forex and CFDs. Is Paragon-Trade really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
Now, you can find the following: opinions about Paragon-Trade ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2021), and the most important: Is Paragon-Trade ⚠️ a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?
❌ Paragon Trade mentions being part of: Xertz Consulting Inc.
❌ Regarding your location, the company is based in Dominica according to the website, but there is no valid information to corroborate this, we believe that it is a false information.
❌ If we analyze your fullfilment of security requirements, we observe that Paragon-Trade does not have any type of regulation.
⚠ ATTENTION: Paragon-Trade is a broker NOT REGULATED. ⚠
📌 Remember: the best option (and the safest) are the regulated brokers, since they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the types of account it offers Paragon Trade, in this case, we observe that it offers 6 different types of plans.
Account Microphone: minimum deposit of $ 250, leverage of 1:200, spread from 3 points, more than 25 investment instruments, bonus up to 30%, 5 signals per month.
Account Standard: minimum deposit of $ 1.000, leverage of 1:200, spread from 3 points, more than 50 investment instruments, bonus up to 35%, 10 signals per month.
Account Trader: minimum deposit of $ 5.000, leverage of 1:100, spread from 3 points, more than 100 investment instruments, bonus up to 50%, 15 signals per month.
Account Trader: minimum deposit of $ 10.000, leverage of 1:75, spread from 2,1 points, more than 250 investment instruments, bonuses up to 70%, VIP signals for the duration of the account.
Account Pro: minimum deposit of $ 25.000, 1:50 leverage, spread from 1,5 points, all investment instruments, bonus up to 85%, VIP signals for the duration of the account.
Account VIP: minimum deposit of $ 75.000, 1:30 leverage, spread from 0,7 points, all investment instruments, bonus up to 100%, VIP signals for the duration of the account.
La platform to operate that Paragon-Trade offers is: own platform.
Resources | Website
Here we will examine the different resources and aids for the trader that Paragon Trade provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
Paragon Trade provides the following aids or resources to traders or interested parties: we see some explanations of the products that Paragon-Trade offers, explanation of basic concepts of the world of investments, really not much more.
ℹ Another information about Paragon Trade ℹ
???? We will leave you something more than information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: prgntrade.co
📞 Telephone number: +441-613-94-12-99
Maybe you wonder why we review Paragon-Trade. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.
You're a representative of this company? We recommend you leave a comment responding to customer concerns.
⚠ Valuation on Paragon Trade ⚠
Ending with this section, in our opinion: Do we believe that the Paragon-Trade company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2021 ⭐
❌ After you have examined it, we recommend be cautious, since it is a illegal company, clearly stated for taking money from people through deception and cheating. It is very little transparent, well it does not offer legal information, do not show data about your registration and further lacks regulation (unregulated company). ❌
⛔ Attention ⛔: in September 2021 BAFIN has added to Paragon Trade to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
⛔ ATTENTION ⛔ : in June 2022 BaFin has added to Paragon Trade to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. (I.e.
Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻