Reported as a scam / unregulated
Why ParkMoney is on the register
ParkMoney Limited claims to be registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines; however, our investigation found no matching entity in the SVG FSA’s official registry. The company also claims to operate in Dubai, UAE, but upon checking with the Securities and Commodities Authority (SCA), we found no evidence of it being licensed or regulated by this authority either. Based on these findings, ParkMoney is highly unlikely to hold any valid financial license permitting it to offer financial services or forex trading to the public, and it appears to be operating fraudulently.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.