jimeiwo Forex Broker

Note: jimeiwo's official website - https://www.jimeiwo.com/ is currently inaccessible normal.jimeiwo Review SummaryFounded/Registered Country/RegionCanadaRegulationUnregulatedMarket InstrumentsForex, Shares, Indices, Commodities, OptionsDemo Account/LeverageUp to 1:100SpreadFrom 1.8 pips (Standard account)Trading PlatformMT4, MT5Min Deposit$100Customer SupportCompany Address: 285-A AUGUSTA AVE TORONTO, ON, CANADA M5T2M1 Jimeiwo is an unregulated brokerage based in Canada. They primarily provide trading in Forex, Shares, Indices, Commodities, Options on the MetaTrader 4 and MetaTrader 5 platforms. The firm offers three account types: Standard, ECN, and VIP, with the minimum deposit requirement of $100.Pros and ConsProsConsDiverse tradable assetsUnfunctional websiteMultiple account typesNo regulationCommission-free accounts offeredNo contact channelMT4 and MT5 supportedPopular payment optionsIs Jimeiwo Legit? Jimeiwo is currently an unregulated broker, which means that investors' funds cannot be compensated and protected if the broker illegally misappropriates customer funds or faces bankruptcy.What Can I Trade on Jimeiwo? Jimeiwo offers a comprehensive range of market instruments, including Forex, Shares, Indices, Commodities, and Options.Trading AssetAvailableforex✔commodities✔indices✔shares✔options✔cryptocurrencies❌bonds❌ETFs❌Account Type/Fees Jimeiwo offers three distinct account types—Standard, ECN, and VIP.Account TypeSpreadCommissionStandardFrom 1.8 pips/ECNFrom 0.0 pips$7VIPFrom 0.0 pips$5Leverage Jimeiwo offers varying leverage ratios based on the market instruments. For the forex market, traders can access leverage ratios of up to 1:100.Trading AssetMax LeverageForex1:100Stocks1:50Indices1:20Commodities1:10Cryptocurrencies1:50 It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading Platform Jimeiwo provides traders with the option of two popular trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are recognized for their intuitive interfaces and extensive features.Trading PlatformSupported Available Devices Suitable for MT4✔Desktop, Mobile, WebBeginnersMT5✔Desktop, Mobile, WebExperienced tradersDeposit and Withdrawal Jimeiwo accepts deposits and withdrawals via bank transfers, wire transfers, credit cards/debit cards, and PayPal.