JARDEN Forex Broker

Jarden Forex Broker - Complete Information Guide

1. Broker Overview

　　Jarden Limited, commonly referred to as Jarden broker, was established in 1961. The company is headquartered in Auckland, New Zealand, specifically at P.O. Box 5333, Victoria Street West, Auckland 1142. Jarden operates as a privately held investment banking and securities firm, offering a wide range of services to its clients.

　　Over the years, Jarden has developed a solid reputation in the financial services industry, primarily focusing on investment banking, capital solutions, wealth management, and brokerage services. The company caters to both retail and institutional clients, providing access to a variety of financial instruments, including foreign exchange, contracts for difference (CFDs), commodities, and indices.

　　Jarden's development has seen several milestones, including its amalgamation with OM Financial Limited (OMF) in March 2021, which allowed it to expand its service offerings and client base. The firm's business model encompasses retail forex trading, institutional services, and wealth management solutions, ensuring a comprehensive approach to meet the diverse needs of its clientele.

2. Regulatory and Compliance Information

　　Jarden broker operates in a regulatory environment that has raised concerns due to its unregulated status. The primary regulatory body overseeing Jarden's operations is the New Zealand Financial Markets Authority (FMA). However, it is important to note that Jarden has not obtained a formal license from this or any other regulatory entity, which presents potential risks for clients.

　　The lack of a regulatory license means that Jarden does not have a specific regulatory number associated with its operations. This situation raises concerns regarding the protection of client funds, as there is no requirement for Jarden to maintain segregated accounts to keep client money separate from its own.

　　Additionally, Jarden does not participate in any investor compensation schemes, which could provide a safety net for clients in the event of financial difficulties. The firm has stated that it adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, although specific details on these processes are not publicly disclosed.

3. Trading Products and Services

　　Jarden broker offers a diverse range of trading products to its clients. The forex trading platform provides access to a variety of currency pairs, including major, minor, and exotic pairs. The exact number of forex pairs available for trading has not been specified, but Jarden emphasizes its commitment to providing a comprehensive forex trading experience.

　　In addition to forex, Jarden offers CFDs across various asset classes, including:

• Indices: Major global indices for diversified exposure.
• Commodities: A selection of commodities such as gold, silver, and oil.
• Equities: Access to trading in major stocks and shares.
• Cryptocurrencies: Although currently not available, Jarden has indicated potential future offerings in this area.

　　Jarden broker is also known for its retail trading services, which cater to individual investors looking to manage their portfolios. For institutional clients, Jarden provides tailored solutions, including white-label services and asset management options, ensuring a broad spectrum of financial services.

4. Trading Platforms and Technology

　　Jarden broker does not support the widely popular MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which may limit its appeal to some traders. Instead, the firm offers its proprietary trading platform, which is designed to facilitate a seamless trading experience for users.

　　The trading platform is accessible via web browsers, providing a user-friendly interface for both desktop and mobile trading. While there is currently no dedicated mobile app available, the web platform is optimized for use on various devices.

　　Jarden employs a Market Making execution model, which allows for competitive pricing and efficient trade execution. The firm's technological infrastructure includes robust servers located in New Zealand, ensuring reliable performance and minimal downtime for traders.

　　Furthermore, Jarden broker supports API access for automated trading, allowing more advanced traders to implement their trading strategies effectively.

5. Account Types and Trading Conditions

　　Jarden broker offers several account types tailored to different trading preferences. The standard account conditions include:

• Minimum Deposit: There is no minimum deposit required to open a trading account.
• Spreads: Jarden provides floating spreads, although specific rates are not publicly disclosed.
• Commissions: The firm charges a commission of $29.90 per trade, which applies to all account types.

　　For traders seeking advanced features, Jarden may offer premium accounts, although specific details on VIP or professional account types have not been disclosed. Additionally, Jarden does not currently provide Islamic accounts or specialized accounts for corporate clients.

　　The leverage offered by Jarden varies based on the asset class, with a maximum leverage ratio of 1:1 specified for most trading instruments. The minimum trade size is 0.01 lots, allowing for flexible trading strategies.

　　Jarden broker also has policies regarding overnight fees, although detailed information on these fees is not readily available.

6. Fund Management

　　Jarden broker supports a variety of deposit methods to facilitate client transactions. These methods include:

• Bank Transfers
• Credit/Debit Cards
• E-wallets (specific options not disclosed)

　　There is no minimum deposit requirement for different account types, making it accessible for new traders. Deposit processing times generally vary, with most transactions being completed within 1-3 business days.

　　While Jarden does not charge any fees for deposits, specific withdrawal methods and their associated fees have not been detailed in the available information. The withdrawal process typically takes 3-5 business days, depending on the chosen method.

7. Customer Support and Educational Resources

　　Jarden broker offers customer support through various channels, including:

• Phone: +64 9 302 5500
• Email: contactus@jarden.co.nz
• Online Contact Form

　　The support team is available during business hours, but specific service times and time zone coverage have not been disclosed. Jarden provides support primarily in English, which may limit accessibility for non-English speaking clients.

　　In terms of educational resources, Jarden broker offers a range of materials, including webinars, tutorials, and e-books designed to assist traders in enhancing their knowledge and skills. Market analysis services are also available, providing clients with daily insights, news, and research reports to inform their trading decisions.

8. Regional Coverage and Restrictions

　　Jarden broker primarily serves clients in New Zealand and Australia, with offices located in major cities such as Auckland and Wellington. However, Jarden does not accept clients from the United States, which may limit its market reach.

　　The firm has not publicly disclosed any specific regional restrictions beyond the exclusion of U.S. clients, but it is essential for potential clients to verify their eligibility based on their local regulations.

　　In conclusion, while Jarden broker offers a range of trading services and products, its unregulated status and the absence of certain trading platforms may present challenges for some traders. As always, potential clients should conduct thorough research and consider their options before engaging with any broker.