JP PRO foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://portal.jppro.com/sign-up, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Centre, Kingtown.
JP PRO Forex Broker
Basic information
Thailand
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
What is JP PRO?
JP PRO, operated by JP Global Limited, is an online trading platform based in Thailand. Established in 2015, JP PRO operates without regulatory oversight, raising potential concerns about the platform's adherence to financial standards and user protection measures.
Pros & Cons
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Is JP PRO Safe or Scam?
JP PRO operates as a non-regulated trading platform with no official license. The absence of regulatory oversight suggests that the platform is not subject to supervision by financial regulatory authorities.
Market Instruments
- Forex: Traders can participate in the foreign exchange market, where they have the opportunity to trade different currency pairs, including major, minor, and exotic pairs.
- Shares: The platform offers the ability to trade shares, allowing users to buy and sell ownership in publicly listed companies.
- Indices: JP PRO provides access to trading major global indices, enabling traders to speculate on the overall performance of stock markets.
- Commodities: Traders can access commodities such as precious metals, energy products, and agricultural goods without needing physical ownership.
- Cryptocurrencies: JP PRO supports the trading of various cryptocurrencies, allowing users to engage in the rapidly growing digital asset market.
Account Types
JP PRO offers multiple account types to cater to different trader preferences and experience levels. Here are the four account types provided by JP PRO:
Standard Account:
- Minimum Deposit: $100
- This account type is suitable for traders who are getting started in the financial markets and want to experience live trading with a relatively low initial investment.
ECN Account:
- Minimum Deposit: $500
- ECN accounts are designed for traders who prefer Electronic Communication Network (ECN) trading. This account type provides access to features such as a Personal Account Manager, Trading Central, VIP Webinars, and Instant Withdrawals.
Pro Account:
- Minimum Deposit: $5,000
- Pro accounts are tailored for more experienced traders and those looking for enhanced services. This account type includes all the features of the ECN account, along with additional benefits like priority services.
Islamic Account:
- Minimum Deposit: $100
- The Islamic account is structured in compliance with Islamic principles, offering interest-free trading. It is suitable for traders who follow Islamic finance practices.
Leverage
JP PRO offers different account types with varying maximum leverage levels. The Standard Account provides a maximum leverage of 1:1000, allowing for more significant control of positions with a smaller capital investment. On the other hand, the ECN, Pro, and Islamic accounts offer a maximum leverage of 1:500, striking a balance between risk and opportunity. Traders should be mindful of the associated risks and employ effective risk management strategies when utilizing leverage in their trades.
| Account Types | Standard | ECN | Pro | Islamic |
| Maximum Leverage | 1:1000 | 1:500 | ||
Spread & Commission
JP PRO provides different accounts with different spreads and commissions. The Standard and Islamic accounts enjoy the same spread and commission. The ECN account users need to pay the highest commission. The Pro accounts enjoy the lowest spread.
| Account Types | Standard | ECN | Pro | Islamic |
| Commission | $0 | $10 | $6 | $0 |
| Spread | 1.2 | 0.6 | 0.1 | 1.2 |
Trading Platform
JP PRO provides a versatile and widely recognized trading platform in the form of MetaTrader 5 (MT5). This platform is accessible on desktop, and mobile devices, and through the website, offering traders flexibility in their trading experience. MT5 is renowned for its user-friendly interface, advanced charting tools, and comprehensive features that cater to both novice and experienced traders. With seamless integration across various devices, JP PRO ensures that traders can execute trades, analyze market trends, and manage their portfolios with convenience and efficiency.
Customer Support
JP PRO provides accessible and responsive customer support services to its users. Available 24/7, the platform offers a Live Chat feature for immediate assistance. Users can also reach the support team via telephone at +66988776979 or through email at support@jppro.com. The inclusion of various communication channels ensures that traders can seek help or address inquiries promptly. Additionally, JP PRO maintains a presence on social media platforms such as Facebook (https://www.facebook.com/jpprobroker) and YouTube, providing users with alternative avenues to connect and stay informed. The company's physical address is located at The Excel Hideaway, Sukhumvit 50, Bangkok 10240.
Frequently Asked Questions (FAQs)
Is JP PRO regulated?
No, JP PRO operates without regulatory oversight.
What is the minimum deposit for a Standard Account?
The minimum deposit for a Standard Account is $100.
What is the maximum leverage JP PRO provided?
JP PRO provides a maximum leverage of 1:1000 but only for Standard accounts.
Are there regional restrictions for JP PRO?
Yes, JP PRO imposes strict regional restrictions, including countries like the USA, Canada, Japan, Australia, Cuba, Afghanistan, Thailand, North Korea, South Sudan, and others.
Does JP PRO support MT4 or MT5?
Yes, JP PRO supports MT5.
Rating Index
ISLAMIC
PRO
JP PRO Similarly Rated Brokers
Latest Reviews
FX1725462865
Vietnam
Is JP Pro still operating in Vietnam and Southeast Asia, everyone? The specialist there told me that JP Pro has stopped operating. Currently, the deposit and withdrawal gateway is locked, and my account is also locked. Please guide me. Thank you very much.
Exposure
2024-11-26
FX1704562676
Thailand
My experience with JPPro has been quite satisfying. The zero commission on trades and tight spreads really help in maximizing my returns. Their platform, especially MetaTrader 5, is robust and offers great tools for analysis and trading. However, navigating through all the features initially took some time. Customer service has been responsive whenever I've reached out with queries
Positive
2024-06-27
FX1725462865
Vietnam
The JP Pro brokerage platform was changed from JP Exchange on 23/8/2023. On 4/11/2024, my accounts were locked on the platform and MT5. The amount deposited for the two accounts was 1.4 billion dong. I believe this is the work of a scam group because when I reported it on the morning of 27/11/2024, all Zalo accounts in the JP Pro investment group were deleted, locked, or transferred from customers to the company's personnel. There was also a friend named Duy Anh who told me to deposit 25-30k$ to save the accounts, which was on 2/11/2024, and it was certain that gold would decrease, and indeed gold did decrease, but my two accounts were also locked and the remaining funds in my accounts were also lost. I only hope that the competent authorities and the laws of our country will strictly punish the acts of fraud and misappropriation of assets from those who have worked hard, shed tears, and sometimes even sacrificed their lives to obtain them. During this time, I have been truly disheartened and I only hope that the laws of our country will help me and other investors recover the lost funds. I sincerely thank you.
Exposure
2024-12-13