JS GLOBAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.jsgcl.com, about the company's legal and temporary regulatory information, the company's address The Center 17th & 18th Floor, Plot No. 28, S.B.5, Abdullah Haroon Road, Karachi..
Js Global Capital Limited was established in 2012 and is headquartered in Pakistan. As one of the largest brokerage and investment banking firms in the country, Js Global operates as a private entity and is a subsidiary of JS Bank. The company primarily serves the local Pakistani market, catering to both individual and institutional clients.
Since its inception, Js Global has achieved significant milestones, including becoming a market leader in both the fixed income and equity brokerage sectors in Pakistan. The firm has developed a reputation for handling a substantial share of foreign fund business and has established a strong retail outreach program through its affiliations with JS Bank and its network of offices across major cities in Pakistan.
Js Global's business model encompasses a range of services, including retail forex trading, institutional services, and investment banking, making it a comprehensive financial service provider. The company is recognized for its commitment to governance and financial stability, consistently raising the bar in client service and operational excellence.
The first mention of "Js Global broker" reflects its established presence in the financial markets, where it continues to innovate and expand its offerings to meet the evolving needs of its clients.
Js Global operates without regulation from any financial authority, which poses significant risks for potential investors. The company is not registered with the Securities and Exchange Commission of Pakistan (SECP), and it lacks valid regulatory licenses. This absence of oversight means that investors may not have access to legal protections typically afforded by regulated brokers.
The company's compliance framework does not include participation in any investor compensation schemes, which further exacerbates the potential risks involved in trading with Js Global. Moreover, there are no known KYC (Know Your Customer) or AML (Anti-Money Laundering) compliance measures in place, raising concerns about the security and legitimacy of client transactions.
Given these factors, potential clients should exercise extreme caution when considering engagement with Js Global, as the lack of regulation and oversight can lead to significant financial losses.
This section marks the second mention of "Js Global broker," emphasizing the importance of understanding the regulatory landscape before engaging with any financial service provider.
Js Global offers a diverse range of trading products, primarily focusing on forex and commodities. The broker provides access to various currency pairs, allowing clients to trade major, minor, and exotic currencies. However, specific details regarding the number of forex pairs available were not disclosed in the available information.
In addition to forex trading, Js Global also provides CFD (Contract for Difference) products across several categories, including equities and fixed income. Notably, the company does not offer trading in cryptocurrencies, indices, bonds, options, or mutual funds, which may limit the diversity of trading strategies available to clients.
Js Global is recognized for its flexibility in trading services, catering to both retail and institutional clients. The broker is also known for its commitment to updating its product offerings, although specific frequencies or newly added products were not mentioned.
Overall, Js Global's product portfolio is designed to meet the needs of its clients, although the lack of certain asset classes may deter some traders. This information constitutes the third mention of "Js Global broker," highlighting the broker's product suite.
Js Global supports a web-based trading platform known as JS InvestPro, which allows users to access their accounts and execute trades online. However, the broker does not support popular trading platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which may limit the trading experience for users accustomed to these interfaces.
The broker also offers a mobile application for both iOS and Android devices, enabling traders to manage their accounts and trade on the go. The execution model employed by Js Global remains unspecified, leaving potential clients uncertain about whether the broker operates on an ECN (Electronic Communication Network), STP (Straight Through Processing), or Market Making basis.
Furthermore, the companys technological infrastructure, including server locations and API access for automated trading, was not detailed in the available information. This lack of clarity may be a concern for tech-savvy traders looking for specific functionalities in their trading platforms.
The fourth mention of "Js Global broker" serves to underline the technological aspects of the broker's offerings, which are essential for modern trading.
Js Global offers three types of accounts: the Premium Account, Basic Account, and Sahulat Account. The minimum deposit requirement for opening an account is PKR 1,000, which can be made through various banking instruments. However, specific details regarding spreads, commissions, and other trading conditions were not extensively outlined.
The broker does not provide information about advanced account types, such as VIP or professional accounts, nor does it mention the availability of Islamic accounts or corporate accounts. The leverage offered by Js Global is also unspecified, which may be a critical factor for traders looking to maximize their positions.
Additionally, information regarding the minimum trading lot size and overnight fees is not readily available, which could impact a trader's decision-making process.
This section highlights the fifth mention of "Js Global broker," focusing on the account structures and conditions that potential clients need to consider.
Js Global supports various deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies depending on the account type, with a standard minimum of PKR 1,000.
Deposit processing times were not specified, and the information regarding deposit fees is limited. Clients should inquire directly with the broker for detailed fee structures related to deposits.
Withdrawals can be made through similar channels, although specific withdrawal methods and any associated restrictions were not provided. The processing time for withdrawals also remains unspecified, which could lead to uncertainty for clients regarding the availability of their funds.
The lack of transparency surrounding the withdrawal fee structure is concerning and may deter potential investors from engaging with Js Global. This section represents the sixth mention of "Js Global broker," emphasizing the importance of understanding fund management practices.
Js Global provides multiple channels for customer support, including phone, email, online chat, and social media platforms. The customer service team is available to assist clients, although specific service hours and time zone coverage were not detailed in the available information.
The broker supports various languages, enhancing accessibility for a broader range of clients. Educational resources are also an important aspect of Js Global's offerings, although specific types of resources, such as webinars, tutorials, or e-books, were not mentioned.
Market analysis services, including daily updates, news, and research reports, are likely available but were not explicitly detailed in the information sourced. Additionally, trading tools such as calculators and signal services may be offered, although this information was not confirmed.
This section marks the seventh mention of "Js Global broker," highlighting the customer support and educational resources that can enhance the trading experience.
Js Global primarily serves the Pakistani market but also has a presence in regions such as Egypt. The broker operates through a network of offices in major cities across Pakistan, providing localized services to its clients.
However, specific countries or regions where Js Global does not accept clients were not disclosed in the available information. Additionally, any special restrictions that may apply to certain jurisdictions remain unspecified.
In summary, potential clients should be aware of the regional limitations and ensure that their location is supported by Js Global before engaging with the broker.
In conclusion, while Js Global broker offers various trading products and services, potential clients should carefully consider the risks associated with its lack of regulation and transparency in key operational areas. It is advisable to conduct thorough research and due diligence before proceeding with any investments.
Mayaz Ahmad
Bangladesh
A customer cannot withdraw her deposit from her MT4 account of JS Global. She found out this broker is a scam. Others please stay away from this scam broker.
Exposure
2021-05-20