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JYJ TRADER foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.jyjtrade.com/, about the company's legal and temporary regulatory information, the company's address .

JYJ TRADER Forex Broker

Basic Information

Registered Region
Australia
Operating Period
--
Company Name
JYJ TRADER LIMITED
Abbreviation
JYJ TRADER
Company employee
--
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

General Information & Regulation JYJ TRADER is an Australia-based forex broker, with the company behind it called JYJ Trader Limited. There is minimal information about this company, and no regulatory license details is provided. Therefore, JYJ TRADER is an unregulated broker that is unsafe to trade with. Markets Instruments JYJ TRADER offers traders a range of trading assets that include stocks, indices, commodities and currencies. Minimum Deposit The minimum initial deposit required by JYJ TRADER is relatively low, only $100. Although this may sound encouraging, given the fact that JYJ TRADER is not regulated, traders are not advised to register real trading accounts. Leverage The maximum trading leverage offered by JYJ TRADER is relatively high, up to 1:500. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage. Spreads & Commissions In terms of spreads and commissions, JYJ TRADER advertises that it offers low spreads, as low as 0.0 pips, but does not specify its spreads on particular instruments. Trading Platform Available JYJ TRADER has chosen MetaTrader4 (MT4) as their trading platform. This is the most popular solution, which is preferred by many brokers. It is also admired by lots of traders, mainly for the outstanding charting capabilities and the add-ons which are available. At the MQL marketplace, a broker independent online store, you can test, loan and purchase newly developed technical indicators and automated trading robots (better known as Expert Advisors). Deposit& Withdrawal Deposits methods include credit, debit cards and e wallets such as Neteller. Withdrawals of all funds that are deposited by credit card are returned to the original credit card. Any profits are sent via wire transfer. Withdrawals can take up to 5 days to be received to bank account.

Is JYJ TRADER safe or scam

Rating Index

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Latest Reviews

FX1334516282

FX1334516282

South Africa

I had a live account for a while. Spreads were fixed and average. 3 pips for the EUR/USD is not really competitive. In my personal trading experience, most brokers offered better spreads. Overall average broker.

37130

2023-03-07

FX1129873812

FX1129873812

Australia

I met a guy on instagram in September 2021. He called himself Alvin Wang, born on February. 15, 2021 in Sichuang. He immigrated to Malaysia at ten and now lives in Kuala Lumpur. At the beginning, he was very polite and had financial knowledge. He said that he does technical analysis every day. Soon he asked to transfer to whatsapp to chat. A week later, he began to actively recommend me to invest in international gold and introduced JYJ Trader traders to me. Because I have no investment experience, I finally got rid of my guard in mid-October. I made the first deposit of AUD1,400 through bank transfer and after trying to make sure that I could withdraw funds successfully, I used USDT virtualized platform platform to deposit AUD30,000 for the second time in early November. Under his leadership, the profit accumulates quickly. In mid-November, he claimed that he wanted to improve my current situation and took the initiative to directly deposit USD70,000 into my account. After earning over 100000 profit, I wanted to withdraw and return the money to him. But JYJ customer service replied to me that because the profit exceeded USD10,000 and according to the Hong Kong tax law, I was required to actively pay 25% personal income tax. I could only withdraw the money after paying tax. When I asked the customer service about which regulations requires that, the customer service could not clearly indicate the regulation and asked me to check it by myself. So I reduced my profit to below USD10,000 and asked the customer service to withdraw the money again, but the customer service repeatedly evasive, and finally froze my account on the MT4 platform. Now I can’t log in and they are still cheating. I shared my own painful experience, so please be careful and not to be fooled again. Website: www.jyjtrade.live. customer service whatsApp: +85264244338

Exposure

2021-11-20

FX6222586562

FX6222586562

United States

I met this charming man on Instagram June of 2021, whom he called himself Leo Wang Chu, born on 1986 chinese descent living in Vancouver, Canada. We chatted briefly on Instagram and soon he added me to his Wechat soon he asked me to created a WhatsApp account. Most of the conversations took place on WhatsApp. Within a week he asked me to follow him in investment by trading XAUUSDx through ZH international brokerage that link into my newly created MT4 account. Each trade and transaction happened through MT 4 with his instructions. In the very short two and half months, I took a loan and I also emptied all my bank accounts, my retirement accounts, my business account, borrowed from friends and family and lastly I had to put my house on line or credit to pay back all my friends and family. During the short 2 and half months I had made over 10 wire transactions through my local bank and loss over $1,000,000.00 USD for investment. Each wire was to a different individual with a different bank account and it is only valid for one hour. Once I made money and wants to withdrawal, the platform and customer service wanted me to pay tax, insurance money, expeditated service fee, service fee, maintenance fee, therefore additional $60,000.00 USD was given to the platform. I had no money left and in a tremendous amount of debt. The trading platform was said to be in update and it also shown on MT4 trading platform that it was updated from ZH international to JYJ trading.

Exposure

2021-11-19

JYJ TRADER Forex Broker has an overall rating of 1.47, Regulatory Index 0.00, License Index 0.00, Business Index 6.71, Software Index 4.00 Risk Control Index 0.00.
JYJ TRADER