JTR Forex Broker

AspectInformation Company NameJ Trust Royal Bank Registered Country/AreaCambodia RegulationUnregulated Minimum Deposit$500 Trading PlatformsJ Trust Royal Mobile Tradable AssetsForex, Forward Exchange Contracts, Foreign Currency (FX) Swap Customer SupportPhone and Social Media Deposit & WithdrawalOnline Banking and Mobile BankingJTR Information JTR is from a Cambodian brokerage firm. For individual and corporate traders, JTR mainly offers trading products including foreign exchange, forward contracts and foreign exchange swaps. However, JTR is now in an unregulated state and does not support the MT4/5 trading platform.Pros and Cons ProsCons Mobile trading platforms availableNo regulation No account information Minimum initial deposit equivalent of USD 500 MT4/5 is not supportedIs JTR Legit? JTR is currently unregulated and there is some risk involved in trading with it, so please be careful.What Can I Trade on JTR? On JTR, individual traders can trade forex. Corporate traders can trade forex, forward exchange contracts and forex swaps. JTR says it helps you buy or sell foreign currency at real-time prices to meet your immediate needs. It is also possible to lock in preferred rates at real-time forex market rates for future payments. By setting prices in advance, you can be more certain of your rates while enjoying flexibility as you can extend or pre-deliver your contract at any time. Swap available currencies: Krier, Australian dollar, British pound, New Zealand dollar, Japanese yen, Thai Baht and Euro. Tradable InstrumentsSupported Forex✔ Forward Exchange Contracts✔ Foreign Currency (FX) Swap✔ Precious metals & Commodities❌ Indices❌ Stocks❌ Bonds❌ ETF❌JTR Fees Non-Trading Fees Individual traders need to pay attention to the fee information when trading Forex on JTR. Maintenance FeeUSD 10 (equivalent of USD 10 for foreign currency) if minimum ongoing balance < USD 500 Dormant FeeFree Early Closure FeeUSD 20 (equivalent of USD 20 for foreign currency) Account Keeping FeeFreeTrading Platform Trading PlatformSupportedAvailable DevicesSuitable for J Trust Royal Mobile✔MobileBeginner MT4❌ MT5❌Deposit and Withdrawal JTR requires a minimum initial deposit of $500 for individual traders. Transact by using online banking and mobile banking.Customer Service JTR does not offer 24/7 customer service, which can be reached by phone or social media. Contact OptionsDetails Phone+855 (0) 23 999 000 Social MediaFacebook, Instagram, Telegram, Tiktok, Youtube, Linkedln Website LanguageEnglish, Khmer, JapaneseThe Bottom Line For traders, especially corporate traders who need to exchange currencies and hedge future exchange rate risk, JTR is a platform for trading forex, forward contracts and forex swaps. Even as mentioned above, we have to look at the problem with JTR. It is not regulated, and it does not provide key information such as accounts.FAQs Is JTR safe? No, JTR is not secure enough. Currently, the regulatory status of JTR is unregulated. Is JTR good for beginners? No, it's not for beginners. The reason is that JTR has a minimum initial deposit of $500, which is a bit high for beginners. JTR does not yet support the more beginner friendly MT4/5 trading platform. Is JTR good for day trading? No, JTR is not suitable for day trading. JTR is not regulated and trading is not secure.