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Jinlong Forex Broker provides real users with * positive reviews, * neutral reviews and 10 exposure review!

Jinlong Broker Review

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Jinlong Review 10

Latest All(10) Exposure(10)
Exposure
Criminal broker.

Jinlong has scammed a client by refusing withdrawal and then blocking her account. The client lost a huge amount of money in the process, including her deposit and profits earned. She warned others to stay away from this criminal.

Mayaz Ahmad
2021-06-26
Exposure
JINLONG IS A SCAMMER

im Paulina I’m from South America and I want to tell my story how I was scammer from a “China Boy” that I met in TINDER with the “Company” JinLong (https://www.jinltech.com/en/) and with the trading platform MT4. (https://www.metatrader4.com/en)On January 11th, 2021, I met a guy in Tinder Overseas, supposedly he is a Chinese man, who lives in Boston with his Uncle. I looked for information about the platforms and nothing "strange" came out, so I started sending money through Binance. First as little as $ 300, but then I deposit more than $ 12,000.Jie, every day he would tell me the exact time to trade, "taking profit" of up to $ 1,900.Everything was going well, until every day the pressure that the Chinese man put on me to deposit more and more money was unbearable. So I decided to contact JinLong customer service to get the money out of my 3 accounts ... this is where it all fell apart.I did everything they told me to do and they told me they would take between 1 to 5 business days. I told them that I did not accept it, because when I transferred money it was all in a matter of minutes. They told me that if I wanted the process faster, I could pay more money again, so this time I began to be very suspicious

FX1255120450
2021-03-06
Exposure
He is a fraud

I've been waiting for a month but the customer service said it was sill in review.

FX1201801137
2021-02-01
Exposure
Scammers!!!!!

Before withdraw my money they asked me to pay tax, I have paid, after asked me to pay handling fee, I paid. And they block my account because of nothing. Now they asking me to pay 5000$ for unblock my account otherwise they gonna block forever my account. If someone has the same problem let’s do something together.

FX1307286584
2020-12-28
Exposure
Scam platform!!!

Can’t withdraw, they asking to pay handle fee for some person not for company name. I paid it and still can‘t withdraw.

FX3004007699
2020-12-27
Exposure

Black platform Don't be deceived

FX7825330692
2020-12-19
Exposure
Jinlong, fraud platform

Unable to withdraw. I wan cheated of tens of thousands of money. Ask me to pay money wit hvaried reasons but can't witdhraw funds

FX7825330692
2020-12-05
Exposure
Cheat of Hundreds of thousands of dollars. Don’t believe it

Unable to withdraw.

FX7144704222
2020-12-01

Jinlong 2025 Review: Everything You Need to Know

Summary: The Jinlong forex broker has garnered significant negative attention, with numerous user complaints highlighting issues related to withdrawals and overall trustworthiness. Many users report being unable to access their funds, while others describe their experiences as part of a larger scam operation. It is crucial for potential investors to exercise caution when considering this broker.

Note: The presence of different entities operating under the Jinlong name across various regions adds complexity to its evaluation. This review aims to provide a fair and accurate assessment based on available information.

Rating Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 2

How We Rate Brokers: Ratings are based on user feedback, expert analyses, and available data on the broker's practices and offerings.

Broker Overview

Jinlong, operating under the name Jinlong Zhihui Information Technology Limited, appears to have been established in recent years. The broker offers trading through the popular MetaTrader 4 (MT4) platform. Clients can access a variety of asset classes, including forex pairs, commodities, and cryptocurrencies. However, it is important to note that Jinlong is not regulated by any major financial authority, which raises significant concerns regarding its legitimacy and trustworthiness.

Detailed Insights

  • Regulatory Geography: Jinlong operates without any regulatory oversight, which is a major red flag for potential investors. The lack of regulation means there is no governing body to hold the broker accountable for its practices.
  • Deposit/Withdrawal Currencies/Cryptocurrencies: Users have reported that the broker primarily operates with cryptocurrency deposits, complicating the recovery of funds due to the lack of chargeback options associated with crypto transactions.
  • Minimum Deposit: The minimum deposit requirements are not clearly outlined in the available reviews, which raises further concerns about transparency.
  • Bonuses/Promotions: There is little information regarding bonuses or promotional offers, suggesting a lack of incentives for new investors.
  • Tradeable Asset Classes: Jinlong claims to offer over 25 forex currency pairs, along with commodities and cryptocurrencies. However, the actual availability of these assets may vary.
  • Costs (Spreads, Fees, Commissions): User reviews indicate that hidden fees and high withdrawal costs are prevalent, leading to frustration among investors trying to access their funds.
  • Leverage: Specific leverage options are not detailed in the reviews, adding to the uncertainty surrounding the trading conditions offered by Jinlong.
  • Permitted Trading Platforms: The primary platform for trading is MT4, which is widely recognized but does not mitigate the concerns raised about the broker itself.
  • Restricted Regions: There is no clear indication of restricted regions, but the broker seems to attract users from various countries, raising concerns about its operational legitimacy.
  • Available Customer Service Languages: Customer service reviews indicate poor communication, with many users reporting difficulty in reaching support or receiving satisfactory responses.

Rating Revisit

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 2

Detailed Breakdown

  • Account Conditions: The account conditions offered by Jinlong are heavily criticized, with many users stating that they faced unexpected fees and barriers when attempting to withdraw their funds. According to a user on Forex Peace Army, “I lost over $76,000 because they refused to allow me to withdraw my funds” (Forex Peace Army).

  • Tools and Resources: The broker provides access to the MT4 platform, which is known for its robust trading capabilities. However, the lack of educational resources or tools for traders diminishes its appeal, especially for beginners.

  • Customer Service and Support: Customer service is a significant pain point for users, with many reporting that support is unresponsive and unhelpful. One user stated, “They refused to answer my emails once I signed up” (Trading-Scams).

  • Trading Setup (Experience): While the platform may facilitate trading, the overall experience is marred by the inability to withdraw funds, leading to a negative trading environment for many users.

  • Trustworthiness: Jinlong's lack of regulation and numerous reports of scams make it one of the least trustworthy brokers in the market. Users are advised to be cautious and to consider alternative brokers with better reputations.

  • User Experience: Overall user experiences are overwhelmingly negative, with many individuals expressing regret for their decisions to invest with Jinlong. The common sentiment is one of betrayal, as many believed they were investing in a legitimate platform only to discover that it was a scam.

  • In conclusion, potential investors should approach Jinlong with extreme caution. The overwhelming negative feedback and lack of regulatory oversight indicate that this broker may not be a safe choice for trading. Users are encouraged to conduct thorough research and consider alternative, more reputable brokers.

Jinlong review