Company profile
Note: JinDao's official website https://pm.gwghk.com/hk/ is currently inaccessible normally.JinDao Review SummaryFounded2003Registered Country/RegionHong KongRegulationNot RegulatedMarket InstrumentsForex, Metal, EnergyDemo AccountNot MentionedLeverageUp to 1:400SpreadFrom 0.8 pipsTrading PlatformMeta Trader 4Min Deposit$100Customer Support852 - 3719 2500pmhkcs@gwghk.comJinDao Information JinDao is an unregulated financial company offering trading services primarily through the Meta Trader 4 platform, focusing on forex, metal, and energy instruments. The company provides three account types with a minimum deposit of $100 and all offering leverage up to 1:400, and spread starts from 0.8 pips. However, the official website is inaccessible.Pros and ConsProsConsSupports Meta Trader 4Lack of regulationOffers three account typesInaccessible WebsiteHigh leverage up to 1:400Is JinDao Legit? JinDao has a Type A1 License regulated by the Chinese Gold and Silver Exchange Society (“CGSE”) in Hong Kong with a license number of 074.Regulatory StatusUnsubscribedRegulated byChinese Gold and Silver Exchange Society (“CGSE”)Licensed Institution金道貴金屬有限公司Licensed TypeType A1 LicenseLicensed Number074What Can I Trade on JinDao? JinDao offers many tradable assets, mainly including Forex, Metal, and Energy.Tradable InstrumentsSupportedForex✔Metals✔Energy✔Indices❌Cryptocurrency❌Shares❌Options❌Account Type JinDao offers three distinct account types: Standard, Pro, and VIP. You can refer to the table for details.Account TypeMinimum DepositSpreadsCommissionsLeverageStandard$100From 1.8 pipsFrom $0.07 per lotUp to 1:400Pro$500From 1.2 pipsFrom $0.03 per lotUp to 1:400VIP$10,000From 0.8 pipsFrom $0.01 per lotUp to 1:400JinDao Fees JinDao offers spreads starting from 1.8 pips, 1.2 pips, and 0.8 pips for Standard, Pro, and VIP accounts respectively. It charges the lowest commissions for VIP accounts from $0.01 per lot.Account TypeSpreadsCommissionsStandardFrom 1.8 pipsFrom $0.07 per lotProFrom 1.2 pipsFrom $0.03 per lotVIPFrom 0.8 pipsFrom $0.01 per lotTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMeta Trader 4✔PC and MobileInvestors of all experience levels
FX4247393671
Hong Kong
I applied for withdrawal of 7,000 while he said the system was under maintenance and I had to operate at two thirty. And I should refill my bank card info at that time. But I was told that my info was wrong and I should pay to unfreeze my account. I can make sure that my bank card info was right. But when I checked it, there was one more 0. Isn’t it a scam?
Exposure
2021-05-27