Parenta Financial Services Limited Review: A SCAM?

Parenta Financial Services Limited_logo

Parenta Financial Services Limited stands out as an attractive addition to the world of online brokers. Their enticing offerings include promises of quick order execution, access to lucrative instruments, and competitive trading fees. We’ll delve deeper to explore what this broker truly has to offer and separate facts from fiction. Read our review.

Parenta Financial Services Limited General Information

Phone Number +442081575151
Address 39-45 Finsbury Sq, London, UK
Minimum Deposit £100
Assets Forex, CFDs
Leverage Up to 1:200
Trading Platform Original web trader

Registration and Client Portal Review

In the creation of Parenta Financial Services Limited’s official website, the web designers have certainly excelled. The main page of the platform is filled with extensive information about the benefits of working with the broker. The most essential details are succinctly presented in the account types table. Moreover, the website boasts a user-friendly design that allows for seamless navigation. Its intuitive layout ensures that visitors can effortlessly locate the information they seek, enhancing their overall browsing experience.

Parenta Financial Services Limited_website

Parenta Financial Services Limited offers a smooth and straightforward registration process for new clients. The registration form is thoughtfully designed, requiring minimal information to create an account. To get started, you only need to provide basic details such as your first and last name, country of residence, and contact information. Creating a secure login password is also part of the process. Additionally, agreeing to the platform’s Terms & Conditions and completing Google reCaptcha verification helps ensure security and transparency during registration.

Registration form

Parenta Financial Services Limited simplifies the registration process for users, ensuring a quick and efficient start to their trading journey. Users can easily create an account without the need to select a specific account type during registration, making the initial steps straightforward. Notably, even the Saving Account option is readily accessible to clients.

Parenta Financial Services Limited_clients area

Parenta Financial Services Limited equips its clients with a comprehensive set of functions, ensuring a seamless and efficient trading experience. Clients can conveniently access these features within the Client Area, making interaction with the broker hassle-free. The available functions include:

  • Quick access to the trading platform.
  • Easy management of personal data and password changes.
  • Swift account funding and withdrawal request processing.
  • Access to a detailed history of both trading and non-trading operations.
  • Convenient document upload capabilities for the verification process.
  • Prompt customer support inquiries.

Parenta Financial Services Limited Trading Conditions

The broker promises traders the best conditions with the best trading platform. Can these promises be trusted?

Account Types

Parenta Financial Services Limited offers an array of versatile trading account options, providing traders with diverse choices for their specific needs. Here’s a glimpse of the available account types:

  • Forex/Crypto account. This entry-level account is perfect for newcomers, with a low minimum deposit requirement of £100. It’s an ideal starting point. Traders can access a range of assets, daily news reviews, and a 5-day test period with a Parenta Financial Services Limited company representative.
  • Commodities account. This account type opens up opportunities with an expanded list of trading instruments. Traders can enjoy reduced commissions, access to additional educational resources (webinars), and valuable analytical tools like weekly ECB reports.
  • Stock account. For traders seeking advanced services, the Stock Account offers access to IPO investments and PAMM accounts. Parenta Financial Services Limited’s specialists are at your service to help create and implement a personalized trading plan.
  • Indices account. Ideal for experienced traders, this account type provides the opportunity for arbitrage trading and offers account insurance. Investors can get accredited, and all participants have access to over-the-counter transactions.

Account types

In addition to these trading accounts, Parenta Financial Services Limited also offers a non-trading Saving Account. By storing your funds in this account, you can earn a substantial 21-37% return with a monthly payout, all while ensuring the safety of your funds through insurance.

Trading Platform

Parenta Financial Services Limited has designed a trading platform that, while not overly flashy, delivers a straightforward and user-friendly trading experience. It might boast an eye-catching design and excel in practicality.

Parenta Financial Services Limited Review: A SCAM?

The market overview and asset selection, though simple, are intuitively organized, allowing for easy navigation. The platform provides traders with essential tools for graphical analysis. Customization options may be limited, but the platform focuses on offering a seamless and efficient trading experience. It excels in executing trades at remarkable speed.

It’s worth noting that Parenta Financial Services Limited’s trading terminal is reliable and rarely loses connection with the server. This is especially valuable for traders who rely on mobile connections, ensuring a stable and consistent trading experience.

Parenta Financial Services Limited — Deposit and Withdrawal of Funds

The broker offers numerous methods for both depositing and withdrawing funds. You can utilize bank transfers, credit and debit cards, cryptocurrencies, and more. It’s worth noting that the same methods can be used for both deposits and withdrawals. Importantly, the company ensures that funds are processed promptly, with no delays in withdrawals.


Within the client’s Personal Account, there’s a convenient option to submit your documents for verification to the experts at Parenta Financial Services Limited. The verification process is tailored to your specific needs. When you request it, Parenta Financial Services Limited specialists will guide you through the document submission process and let you know which documents are necessary. Simultaneously, their KYC policy outlines the standard requirements, which typically include a photo ID, utility bills for address confirmation, and other documents following AML policy guidelines.

Additional Options

Parenta Financial Services Limited holds the promise of offering traders access to a variety of appealing supplementary services. These include involvement in IPOs, the use of PAMM accounts, accreditation for professional investors, and participation in over-the-counter trading. The referral program is also an additional service that’s fully operational.

Is Parenta Financial Services Limited a Scam?

After reviewing the website, we may not even need to analyze the official broker information. Even without it, it is clear that we are dealing with a great project. However, we will still present some facts about this platform.

Ensuring Credibility

The company demonstrates a strong commitment to adhering to regulatory guidelines and industry standards, which is a testament to its reliability and trustworthiness. The broker prioritizes strict compliance with essential policies and practices that govern the financial industry. By doing so, it safeguards the interests of its clients.

This dedication to compliance means that clients can trade with confidence, knowing that Parenta Financial Services Limited operates within the bounds of legal and ethical frameworks. It upholds strict anti-money laundering (AML) and know-your-customer (KYC) policies, which are crucial in preventing fraudulent activities and ensuring the security of client funds.

Contacts Review

The broker provides a straightforward and reliable means of contact for its clients, offering essential communication channels for assistance and support:

  • Phone support. Clients can conveniently reach the broker’s support team via phone, ensuring direct and timely assistance.
  • Email correspondence. For written inquiries and communication, clients can use the provided email address, creating a convenient way to receive responses and assistance.
  • Feedback form. The availability of a feedback form offers an additional option for clients to reach out, making it easy to provide specific information and requests.


Pros and Cons

  • Versatile funding options.
  • Straightforward verification process.
  • Additional services.
  • Timely withdrawals.
  • Multiple contact channels.
  • None.


Frequently Asked Questions (FAQ)

What Does Parenta Financial Services Limited Offer?

Clients are offered to trade currency pairs, as well as CFDs on stocks and indices, commodities, and cryptocurrencies. The official website lists numerous additional services as well.

How Much Money Should I Invest With Parenta Financial Services Limited?

The account types table indicates that the minimum deposit is 100 GBP.

Is Parenta Financial Services Limited Safe?

Yes, it can be considered a safe broker.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Paul Chizhevsky

    Great for portfolio diversification

    Parenta Financial Services Limited has been an excellent addition to my investment portfolio. Their range of account types allows me to diversify my trading strategies. The account managers are knowledgeable and offer valuable insights. I’ve had no issues with depositing or withdrawing funds, and their commitment to security is reassuring.

  2. RoFin Good


    Parenta Financial Services Limited has exceeded my expectations. The trading platform is robust and offers a wide range of assets, including cryptocurrencies, which I find particularly appealing. I appreciate the educational resources they provide, including webinars and market analysis. Account verification and fund withdrawals have been smooth, and their customer support team is professional.

  3. OldMan2000

    Just try it!

    I’ve been trading with Parenta Financial Services Limited for over a year, and I’m thrilled with their services. The variety of account types is great, and I’ve had a seamless experience with withdrawals. Their transparency regarding fees and regulations is commendable. I recommend Parenta to both new and experienced traders.