Company profile
JS GlobalReview SummaryFounded2012Registered Country/RegionPakistanRegulationNo regulationMarket InstrumentsEquity, Fixed Income and Forex, CommoditiesDemo Account/Leverage/Spread/Trading PlatformWeb Trading, JS InvestProMin DepositRs. 1,000Customer SupportWhatsapp: 0301-8202809Helpline: 111-574-111Fax: (+92-21) 3280 0167Email: customercare@js.com, jsgcl.ho@js.comLive chat, contact form JS Global was registered in 2012 in Pakistan. On JS Global, customers can trade equity, fixed income and forex, and commodities. Web and mobile platforms are available, and there are multiple channels for customer support. However, JS Global is not regulated, and potential risks exist.Pros and ConsPros Cons Multiple channels for customer supportLack of regulationNot supported by MT4 or MT5Limited info on trading conditionsIs JS Global Legit? JS Global is not regulated by the financial services regulatory authority in Pakistan, which means that the company lacks regulation from its registration site. Moreover, the current status shows that activities like transferring and updating are prohibited.What Can I Trade on JS Global?Tradable Instruments Supported Forex✔Commodities✔Indices❌Equities✔Cryptos❌Bonds❌Options❌Mutual Funds❌Account Type JS Global offers 3 types of accounts: Premium Account, Basic Account, Sahulat Account. It does not mention whether a demo account is available or not.Trading Platform JS Global supports web trading and it also offers a trading APP called “JS InvestPro”.Deposit and Withdrawal The Client is required to provide an initial deposit of Rs. 1,000. This deposit can be made through a crossed cheque, relevant banking instrument, or banking channel. Alternatively, eligible securities worth Rs. 1,000 (after haircut) can be provided as collateral. JS Global offers the convenience of directly depositing cheques/banking instruments issued from investors' own bank account into JS Global's bank account through the nationwide network of JS Bank branches. Investors can initiate a payment request using investorsr trading terminal or send an email or letter to JS Global requesting payment against investorsr account's credit balance. Similarly, for share transfers, investors can write an email or letter to JS Global, and investors' shares will be transferred according to the CDC regulatory framework based on investors' instructions. Users should note that while JS Global ensures flexibility in deposits, withdrawal of funds might be subject to commissions from the payment system. These commissions can change without prior notice as determined by the respective payment systems.
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