Paragon Markets

The overall safety and reliability profile of Paragon Markets is low. According to WikiFX data, the broker has a very low WikiFX Score of 1.43. Most critically, it holds no valid regulatory licenses from recognized financial authorities. This lack of independent oversight means traders do not benefit from standard protections such as fund segregation or dispute resolution schemes, creating a highly significant risk.

No, Paragon Markets is not a regulated broker. A review of its licensing data shows no valid forex trading licenses from mainstream regulators like the UK's FCA or other tier-1 authorities. The WikiFX assessment indicates a regulatory index score of 0.0, confirming the entity operates without formal regulatory oversight.

Public information on Paragon Markets' official minimum deposit requirements is not currently disclosed. This lack of transparency regarding basic account parameters is noteworthy, and potential clients would need to contact the broker directly for this information.

According to WikiFX data, Paragon Markets holds a software index score of 4.0. While this indicates some level of technical capability, specific information regarding supported trading platforms such as MetaTrader 4 or MetaTrader 5 is not explicitly confirmed. Traders should verify platform access directly with the broker.