Paramount Markets

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

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

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

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

Account

Related Software

Biz Area

Website

Company Summary

Disclosure

Wiki Q&A

Comment

Account

Environment

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Currency

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Maximum Leverage

1:200
SupportedEA
Minimum Deposit

$200
Minimum Spread

From 1.8
Depositing Method

(2+)
Withdrawal Method

(2+)
Minimum Position

0.01
Commission

$0
Products

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Products

Updated： 2025-10-30

MT4/5

Full License MT5

MT4 Servers

MT5 Servers

234.00

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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Official website

Website

fx-paramount.com

185.227.138.230

Server Location

Turkey
ICP registration

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Most visited countries/areas

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Domain Effective Date

--
Website

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Company

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Company Summary

Paramount Review Summary
Founded	2-5 years
Registered Country/Region	United Arab Emirates
Regulation	Unregulated
Market Instruments	FX Pairs, Metals, Cryptos, Indexes, Commodities, Stocks
Demo Account	N/A
Leverage	Up to 1:500
Spread	Starting at 0.6 pips
Min Deposit	$100 USD
Customer Support	Phone: +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.

Pros and Cons

Pros	Cons
Offers a variety of market instruments	Unregulated Status
High leverage up to1:500	Higher commission for PARAMOUNT ECN
Multiple payment methods	Limited information on trading platforms
Compatibility with different devices	Limited maximum leverage for PARAMOUNT ECN
Accessible trading platforms	Limited 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.

Tradable Instruments	Supported
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.

	Minimum Deposit	Leverage	Spread	Commission	Swap	Stop out level	Margin call	Min lot size
Standard Account	$10	500:1	1.6	Free	Free	30%	90%	0.01
ECN Account	$2,000	500:1	0.6	$4	Free	30%	90%	0.01
Pro Account	$5,000	100:1	0	$7	Yes	50%	90%	0.01
Copy Trade Account	$10	500:1	1	Free	Free	30%	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	Supported	Available Devices	Suitable for
Paramount platform	✔	Android, Google, Linux, iOS and Windows	Investors 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

Disclosure

Warning

List of entities with detected signs of illegal activities in the financial market FX-PARAMOUNT.COM

Country/Region

RU CBR

Disclosure time

2024-10-16

Disclose broker

Paramount Markets

Wiki Q&A

MarceloD

1-2 years

What is the minimum deposit on Paramount?

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.

How long does a withdrawal take?

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.

Is Paramount a safe and legit broker?

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.

What payment methods does Paramount support?