Did you know there is another cichlid which goes by the same name, parrot cichlid fish? There a cichlid fish which shares this same name and it’s not a hybrid. Hoplarchus psittacus
is a large South American cichlid that actually requires advanced knowledge to maintain and breed, this is considered the true parrot cichlid.
This fish is deformed especially its mouth which makes it somewhat usual looking. Some people keep a few together or a school of them, five to six specimens in a larger aquarium. Many aquarists including tropical fish clubs are against the sale of these as they are man-made. Again this “cichlid” is not for everybody.
Like most cichlids it’s relatively hardy and tolerates water directly from the tap. In terms of breeding these guys, it is not uncommon for the males to be infertile. Most likely these are artificially reproduced manipulating science for the purpose of revenue. Beauty is in the eye of the beholder.