Jrjway Forex Broker

JrjwayReview SummaryFounded2022Registered Country/RegionHong KongRegulationSuspicious cloneMarket InstrumentsSpot Gold, SilverDemo Account/Leverage/Spread$24 per lot discountTrading PlatformJin Rong APP, MT4Min Deposit$70Customer SupportPhone: （+852）2385 0868Email: cs@jrir.com21/F,Full Floor, Phase 2. Lee Garden Two. 8Yan King Road, Tsuen Wan, New Territories, Hong KongJrjway Information Jrjway, founded in 2022, is a brokerage registered in Hong Kong. It currently offers spot gold and silver trading for traders, plus 2 other accounts and 2 trading platforms. It is currently in an abnormal state of supervision - suspected cloning, security is lacking.Pros and ConsProsConsNo opening priceSuspicious cloneZero commissionMT4 supportedIs Jrjway Legit?Regulatory StatusSuspicious cloneRegulated byHong KongLicensed Institution金荣中国金融业有限公司Licensed TypeType AA LicenseLicensed Number084What Can I Trade on Jrjway? Jrjway mainly offers spot gold and silver trading.Tradable InstrumentsSupportedSpot Gold✔Silver✔Forex❌Commodities❌Indices❌Stocks❌Bonds❌ETF❌Account Types Jrjway offers two types of accounts: Standard Account and VIP (0-8) High-End Account. Of the two accounts, the minimum deposit is $70 and the maximum is $40,000. It's a big span. In contrast, the VIP (0-8) High-End Account has more benefits than the Standard Account, which are reflected in bonuses and different rights. Among them, the most obvious is the Spread Rebate, VIP (0-8) High End Account of $24 per lot, Standard Account of $22 per lot.Account TypesStandard AccountVIP (0-8) High-End AccountMinimum Deposit$70VIP 0: Single deposit of $20,000 or 1,000 lots VIP(1-8): Accumulated deposit starting from $40,000, 2,000 lotsSpread Rebate$22 per lot$24 per lotTrade Lot Size per Transaction0.05 to 20 lots0.05 to 50 lotsDedicated Customer Service×✓Priority Funding and Withdrawal×Withdrawal can be processed within 30 minutesTrading Training×✓Birthday Bonus✓✓Upgrade Bonus×Available for VIP1 and aboveMonthly Red Packet×Available for VIP2 and aboveAdditional Rebates×Available for VIP3 and aboveAccess to capital injection×Available for VIP3 and aboveSpecial Offers×Available for VIP6 and aboveJrjway Fees Jrjway emphasizes that for traders, there is no opening price, zero commission and spread discount. It offers a spread of $50 per contract for London Gold and $200 per contract for London Silver. In addition, open a standard account and enjoy a $22 spread discount, while VIP accounts enjoy an even lower spread discount of only $24 per contract.Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable forJin Rong APP✔MobileBeginnerMT4✔Desktop, MobileBeginnerMT5❌Deposit and Withdrawal JRJway facilitates fund deposits and managementthrough their“JRJway Wallet”system. The initial deposit for 1 lot of London Gold is $1.000. And for 1 lot of London Silver, it's $650.