Jayson Group foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://jaysongroupbd.com/emes/home, about the company's legal and temporary regulatory information, the company's address 232-234, Tejgaon I/A, Dhaka-1208.
Auspicious Organization Limited is a forex brokerage established approximately 2 to 5 years ago. The company is headquartered in China, and it operates as a private entity. The primary market served by this brokerage includes retail forex traders and institutional clients, focusing on providing a range of trading services in global capital markets.
The development of Auspicious Organization has seen it evolve from a nascent brokerage to a player in the forex trading arena, although its regulatory status remains a point of concern. The company has made strides in establishing itself within the trading community, but it has faced scrutiny due to the lack of regulatory oversight.
Auspicious Organization operates primarily in the retail forex market, offering various trading products and services to its clients. The company has positioned itself to cater to both novice and experienced traders, providing access to advanced trading platforms and tools.
The operational model of Auspicious Organization is centered around market-making, which allows it to facilitate trades between buyers and sellers, thereby generating revenue from the spread between the bid and ask prices. As a broker, Auspicious Organization aims to provide its clients with a seamless trading experience while navigating the complexities of the forex market.
Auspicious Organization currently operates under no regulation, which raises significant concerns regarding the safety of client funds and the overall integrity of the brokerage. The absence of regulatory oversight means that there are no governing bodies ensuring compliance with industry standards or protecting investors from potential fraud.
The brokerage does not hold any licenses from recognized regulatory authorities, which is a critical factor for potential clients to consider. The lack of regulation can expose traders to higher risks, as there are no formal mechanisms in place to address disputes or ensure the security of client investments.
In terms of client fund management, Auspicious Organization does not provide clear information regarding the segregation of client funds. This lack of transparency is concerning, as clients typically expect their funds to be held in separate accounts to protect them in case of the broker's insolvency.
Moreover, there is no mention of participation in an investor compensation fund, which would offer additional protection for clients in the event of a broker's failure. The brokerage's KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures are also not well-documented, which is essential for ensuring the legitimacy of client transactions and preventing financial crimes.
Auspicious Organization offers a diverse range of trading products, primarily focusing on forex currency pairs. The brokerage provides access to a variety of major, minor, and exotic currency pairs, catering to different trading strategies and preferences. The exact number of currency pairs available is not specified, but the emphasis is on providing a comprehensive selection to meet the needs of traders.
In addition to forex trading, Auspicious Organization offers CFD products across various asset classes, including:
The brokerage is committed to regularly updating its product offerings, although specific details on the frequency of updates or the introduction of new products are not provided.
For retail clients, Auspicious Organization emphasizes its trading services, which include competitive spreads, leverage options, and a user-friendly trading experience. Institutional clients may also find tailored services that meet their unique trading and investment needs.
Auspicious Organization supports MetaTrader 4 and MetaTrader 5, two of the most popular trading platforms in the industry. These platforms are known for their advanced charting capabilities, automated trading features, and user-friendly interfaces, making them suitable for traders of all experience levels.
The brokerage does not appear to offer a proprietary trading platform, which is common among many forex brokers. Instead, it relies on the robust features of MT4 and MT5 to deliver a comprehensive trading experience.
Auspicious Organization provides access to a web-based trading platform and has mobile applications available for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.
The execution model employed by Auspicious Organization is primarily market-making, which can impact the pricing and execution speed of trades. The company's server infrastructure is not explicitly detailed, but it is crucial for ensuring reliable and efficient trading experiences.
API access for automated trading is not clearly outlined in the available information, which may limit the options for algorithmic traders seeking to implement automated strategies.
Auspicious Organization offers several account types, each designed to cater to different trading needs. The conditions for a standard account typically include:
For more experienced traders, premium or VIP accounts may be available, offering enhanced features such as lower spreads and higher leverage options. The details of these accounts are not explicitly mentioned.
Auspicious Organization also provides Islamic accounts, which are compliant with Sharia law and do not incur interest charges. The availability of demo accounts for practice trading is also suggested, allowing potential clients to familiarize themselves with the trading environment before committing real funds.
The leverage offered by Auspicious Organization varies depending on the product, with typical ranges found in the industry. The minimum trade size and overnight fees are not clearly defined, which are essential details for traders to consider when evaluating the brokerage's offerings.
Auspicious Organization supports a variety of deposit methods, including:
The minimum deposit requirements may differ based on the account type, but specific figures are not provided.
The processing time for deposits is generally quick, although exact timelines are not specified. Fees associated with deposits are not clearly outlined, which is an important consideration for potential clients.
For withdrawals, Auspicious Organization offers multiple methods, but details on withdrawal limits and processing times are not explicitly mentioned. The fee structure for withdrawals is also absent, which can impact the overall trading experience.
Auspicious Organization provides various customer support channels, including:
The support team is expected to be available during standard business hours, but specific details regarding coverage and time zones are not provided. The brokerage appears to offer multilingual support, although the exact languages available are not specified.
In terms of educational resources, Auspicious Organization may provide:
Market analysis services, including daily market reports and research, may also be available to assist traders in making informed decisions. Trading tools like calculators and economic calendars are likely provided but are not detailed in the available information.
Auspicious Organization primarily serves clients in Asia and may have a presence in other regions, but specific details regarding regional offices are not provided. The brokerage does not accept clients from certain countries, including the United States and Canada, due to regulatory restrictions.
The brokerage's operational limitations and restrictions are not fully outlined, which is crucial for potential clients to understand before engaging with the firm.
This comprehensive guide provides essential information about the Auspicious Organization broker, covering its operations, regulatory status, services, and customer support. Potential clients are encouraged to conduct further research and consider the risks associated with trading with an unregulated broker.
FX3214367917
Argentina
When I click the button to withdraw the $1,200 that I had won, I get a board that doesn't work, everything is blank, and an error comes out, just as I contact to talk to them and it comes out the same. It is a fraud and I don't know if it can get better
Exposure
2022-02-21