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JP PRO Forex Broker provides real users with 1 positive reviews, * neutral reviews and 19 exposure review!

JP PRO Broker Review

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JP PRO Review 20

Latest All(20) Positive(1) Exposure(19)
Exposure

The JP Pro brokerage platform was changed from JP Exchange on 23/8/2023. On 4/11/2024, my accounts were locked on the platform and MT5. The amount deposited for the two accounts was 1.4 billion dong. I believe this is the work of a scam group because when I reported it on the morning of 27/11/2024, all Zalo accounts in the JP Pro investment group were deleted, locked, or transferred from customers to the company's personnel. There was also a friend named Duy Anh who told me to deposit 25-30k$ to save the accounts, which was on 2/11/2024, and it was certain that gold would decrease, and indeed gold did decrease, but my two accounts were also locked and the remaining funds in my accounts were also lost. I only hope that the competent authorities and the laws of our country will strictly punish the acts of fraud and misappropriation of assets from those who have worked hard, shed tears, and sometimes even sacrificed their lives to obtain them. During this time, I have been truly disheartened and I only hope that the laws of our country will help me and other investors recover the lost funds. I sincerely thank you.

FX1725462865
2024-12-13
Exposure
Be vigilant, report

Is JP Pro still operating in Vietnam and Southeast Asia, everyone? The specialist there told me that JP Pro has stopped operating. Currently, the deposit and withdrawal gateway is locked, and my account is also locked. Please guide me. Thank you very much.

FX1725462865
2024-11-26
Positive
Satisfied with JPPro: Zero Commission Trades, Tight Spreads, and Robust MetaTrader 5 Platform

My experience with JPPro has been quite satisfying. The zero commission on trades and tight spreads really help in maximizing my returns. Their platform, especially MetaTrader 5, is robust and offers great tools for analysis and trading. However, navigating through all the features initially took some time. Customer service has been responsive whenever I've reached out with queries

FX1704562676
2024-06-27
Exposure
The fraud platform does not approve withdrawal orders.

I am a new member at JP Pro. After the floor's sales enticed me to call for more than a month of consultation, I decided to invest $1,000 in JP Pro. The first time they allowed a trial withdrawal of $50, it was very quick. After that, I doubted the reputation of the exchange because it did not support orders for NDT. I bet myself a negative $600, and the remaining more than $400 I decided to withdraw from June 13, 2024, but as of June 18, 2024, I have not yet withdrawn the money, and that friend also blocked my telegrams. I hope you guys stay away from this JPPRO floor. and hope that the competent parties will intervene to help me get the remaining money back. Thank you.

Nguyễn hữu luân
2024-06-18
Exposure
Cannot withdraw money

I opened a trading account on JP PRO at the beginning of March 2024. My account number is 404922. I deposited 5500 USD into the account to trade. During the trading process, the signal staff of the solicitation platform required me to deposit an additional 10,000 USD to upgrade to a VIP account to withdraw money. But my family did not have the conditions. Specifically, on May 20, 2024, I placed a withdrawal order of 102 USD but the exchange canceled the order and did not allow withdrawal. Then I called and sent an email with a photo to the exchange's customer service switchboard and was replied "in process." "Checking process" on May 27, 2024, I placed another withdrawal order of 5000USD but the exchange canceled the order and I still received the same answer as "in the process of checking". I am so frustrated because this is the amount of money I saved to prepare for kidney surgery in July 2024, but the exchange deliberately delayed many times not allowing me to withdraw and waited for the day I gave up to appropriate my money.

nam6337
2024-06-13
Exposure

Scam, offer to solve it for me. Scam, financial fraud.

Ngô Đức Long
2024-05-15
Exposure
Cannot withdraw money

Jppro.com has scammed and appropriated my money in my mt5 account: 406105. The platform is unethical. I denounce this fraud to the police, international financial institutions and at Vietnam on acts of appropriating money, fraudulently adjusting prices on mt5, defrauding customers; In order to stop being able to operate and have unethical behavior of appropriating customers' money in Vietnam, the exchange intentionally canceled withdrawal orders when I made a withdrawal, such as a withdrawal order of 594$, 1135$. . are canceled and not allowed to withdraw. Allow exchange staff to cause interference to cause damage to trading customers. This incident has caused jppro to no longer operate in Vietnam.

FX3694436596
2024-05-06
Exposure

Account locked, no withdrawal allowed

Ngô Đức Long
2024-05-03

  

JP PRO 2025 Review: Everything You Need to Know

  Summary: The overall sentiment surrounding JP PRO is predominantly negative, with numerous reports of withdrawal issues and claims of fraudulent practices. Users have expressed frustration over unresponsive customer service and difficulties in accessing their funds. Notably, the broker operates without regulatory oversight, raising significant concerns about its legitimacy and trustworthiness.

  Note: It is essential to recognize that JP PRO operates across different jurisdictions, which may affect its regulatory status and user experiences. This review aims for fairness and accuracy by synthesizing information from multiple sources.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 3

  We assess brokers based on user feedback, expert analysis, and factual data from reliable sources.

  

Broker Overview

  JP PRO, established in 2015 and operating under the name JP Global Limited, is an online trading platform based in Thailand. The broker offers the MetaTrader 5 (MT5) trading platform, providing access to various asset classes, including forex, commodities, cryptocurrencies, and indices. However, JP PRO lacks regulatory oversight, which raises significant concerns about its operations and the safety of user funds.

  

Detailed Analysis

  

Regulatory Status and Geographic Operations

  JP PRO operates without a recognized regulatory license, which is a major red flag for potential investors. The absence of regulatory oversight means that the broker is not held accountable to any financial authority, increasing the risk of fraudulent activities. Reports indicate that JP PRO has been blacklisted by various review websites, further emphasizing its unregulated status (source).

  

Deposit/Withdrawal Currency and Methods

  The broker allows deposits in various currencies, including major fiat currencies and cryptocurrencies. However, users have reported significant challenges when attempting to withdraw funds, with many claiming their requests were rejected or went unanswered. This has led to widespread frustration and has been a consistent theme in user reviews (source).

  

Minimum Deposit and Promotions

  JP PRO has a relatively low minimum deposit requirement of $100, making it accessible to many traders. However, the broker's promotional offers, such as bonuses, often come with terms that may not be favorable to users, and the legitimacy of these promotions is questionable given the overall negative feedback (source).

  

Asset Classes Available for Trading

  JP PRO provides a diverse range of trading instruments, including forex pairs, commodities, cryptocurrencies, and indices. The availability of multiple asset classes may attract traders looking for variety; however, the lack of regulatory oversight and the accompanying risks overshadow these offerings.

  

Costs (Spreads, Fees, and Commissions)

  The broker offers competitive spreads, starting at 0.1 pips for the EUR/USD pair. Nonetheless, users have reported hidden fees and high withdrawal costs, which can significantly impact overall profitability. The lack of transparency regarding fees is a common complaint among users (source).

  

Leverage Options

  JP PRO offers high leverage of up to 1:1000, which can be appealing for traders looking to amplify their positions. However, such high leverage also comes with increased risk, especially for inexperienced traders who may not fully understand the implications of leveraged trading.

  

Trading Platforms

  The primary trading platform offered by JP PRO is MetaTrader 5 (MT5), which is well-regarded for its user-friendly interface and advanced trading features. However, the trading experience is often marred by the broker's withdrawal issues and customer service complaints, leading to a lack of confidence in the overall trading environment (source).

  

Restricted Regions

  JP PRO imposes strict regional restrictions, barring clients from several countries, including the USA, Canada, Japan, and Australia. This limitation can hinder potential users from accessing the platform and may affect the broker's overall user base (source).

  

Available Customer Service Languages

  JP PRO offers customer support primarily in English, with limited responsiveness reported by users. Many have expressed dissatisfaction with the support they received, citing long wait times and unhelpful responses when attempting to resolve issues (source).

  

Final Ratings Breakdown

Category Detailed Explanation
Account Conditions The broker's low minimum deposit is appealing, but the lack of transparency regarding fees and withdrawal issues detracts from its overall rating.
Tools and Resources Offers MT5, which is a robust trading platform; however, the availability of educational resources is limited.
Customer Service and Support Poor customer service experiences reported, with many users unable to resolve their issues effectively.
Trading Setup (Experience) High leverage options are attractive, but withdrawal difficulties overshadow the trading experience.
Trustworthiness The absence of regulatory oversight and a plethora of negative reviews significantly impact trust levels.
User Experience Users report frustration and dissatisfaction due to withdrawal issues and unresponsive support.

  In conclusion, while JP PRO offers various trading options and a low entry barrier, significant concerns about its regulatory status, user experiences, and customer service make it a risky choice for potential investors. Caution is strongly advised for those considering engaging with this broker.