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Upway Forex Broker provides real users with 5 positive reviews, * neutral reviews and 155 exposure review!

Upway Broker Review

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Upway Review 160

Latest All(160) Positive(5) Exposure(155)
Exposure
This platform is a Hong Kong gambling platform.

Gambling platforms keep customers in a small circle in the software forum. There are insiders who will guide you to make loss-making orders. Other people who come in to post will be banned. Others with different opinions or those who have the tendency to divert traffic will be banned directly. If you do things so thoroughly, who will go bankrupt if you don’t? Don’t even think about withdrawing money if you enter! If you make a few tens or hundreds of dollars with a small amount of money, you can withdraw money at will. Once you make more than one thousand dollars, you will definitely not be able to withdraw money! Some people say that they have made a lot of money, but in fact they are tempting you to make you feel that you can also make money, and then make crazy deposits! But no matter how much you invest, you will lose everything in the end! Where is the dealer? They are the dealer! How much you buy, the platform changes the data to how much you sell. Bet against you until you lose everything! You are interested in their low spreads, and they want your principal!

李诺价投研究
Authenticated
2024-08-09
Exposure
JR JR suspected of being a fraudulent gambling platform

I set a take profit at 2352 for short position of 0.3 lots London Gold. During the period, the price dropped to 2350.29, but the take profit order was not closed. The app crashed and lagged, causing me to go from a small profit to a big loss.

星辰9516
2024-07-06
Exposure
The stop loss was set at 2370, the highest was only 2369.83, and my two positions were stopped. Doesn’t this make people lose money?

As shown in the picture, I opened a position at nine o'clock and reached the highest of 2369.83 at nine-thirty. I set the stop loss at 70, which is a difference of 17 pips. I can accept it if the difference is 5 or 10 pips, but it’s stopped on a difference of 17 pips. I lost money, this is intentional to make people lose money.

skxhsk
2024-05-24
Exposure
Fraud platform, my stop loss is 2200. it closed my position at 2198.88. I lost several hundred dollars.

Fraud platform, my stop loss is 2200. it closed my position at 2198.88. I looked for customer service, he said to add 0.5. The price I set was not reached. He found a reason which I have not heard. Why do I need to add 0.5 for SL? It's very unscrupulous, please do not use this app. Otherwise, you will regret the day. By then, customer service will find reasons to stall you again.

宋炯洋
2024-03-26
Exposure
Disregarding customer interests, prohibiting new position creation under the pretext of system upgrades

In October this year, JINRONG China, citing the need to upgrade servers, required account holders with account numbers starting with 20 or 30 to upgrade their accounts, otherwise they would no longer be able to open new positions starting from December 4. However, before upgrading, all open positions in the account must be closed. Otherwise, after December 4, the account would only allow deposits and withdrawals but no new positions. This means that for clients with locked positions, they either have to forcibly close their positions to upgrade or cannot open new positions and must continuously deposit funds to maintain their positions until the positions reach their take-profit levels. JINRONG customer service claimed to have provided a two-month grace period, but the official notice was only issued on 10.29 and was merely posted on the JINRONG Circle platform without individually notifying clients by phone. While they call it a grace period, the reality is that market conditions won’t change just because of this so-called grace period. JINRONG China completely disregards client interests, enforcing a one-size-fits-all approach that already constitutes an infringement of client rights. This platform is highly unreliable! Moreover, the platform has repeatedly encountered issues where withdrawal cards are frozen!

懒洋洋3959
2023-10-31
Exposure
Repayment gambling scam platform

False advertising, 50 pips spread, no government regulation, just a private gold and silver trade organization, unable to deposit funds when the account is at risk, leading to margin calls, already filed a complaint with the Hong Kong Securities and Futures Commission, friends stay away from this platform and withdraw funds immediately,

粥公子
2023-10-19
Exposure
Jinrong China is a black platform that manipulates client order liquidation through backend systems.

After the U.S. non-farm payroll data was released on the evening of October 6, 2023, I chose to close my short positions. However, after selecting to close all short positions, the platform system also closed all my long positions, resulting in a loss of over $2,400. Customer service has been evasive and refuses to address the issue. Every time the market experiences high volatility, the platform suffers from lag and slippage, making it impossible to open or close positions. They even manipulate client orders through backend systems to close positions. This has happened once before, and customer service shifted blame to the platform, claiming no other clients reported similar issues. Several of my platform friends have encountered these problems—it’s clear the platform is negligent and refuses to resolve them, simply to scam clients out of their money!

晴天。5210
2023-10-16
Exposure
Gambling platform, unlicensed by the Hong Kong Securities and Futures Commission

Setting their own rules, nearly double 50, unable to deposit when account risks occur, card freezing, slippage, multi-level distribution, exaggerating returns, inducing heavy trading with high bonuses, live trading guidance.

粥公子
2023-10-10

JRJR 2025 Review: Everything You Need to Know

Summary

This comprehensive jrjr review presents a concerning picture of an offshore-regulated forex broker that has gotten significant negative feedback from users. JRJR was established in 2003 and is based in Hong Kong. The broker offers forex and CFD trading through the MetaTrader 4 platform, providing access to metals, CFDs, and currency pairs. However, according to WikiBit reports, the broker operates under offshore regulatory status with less than one year of regulated time, which raises serious questions about its legitimacy and safety.

The platform targets traders who want forex and CFDs trading opportunities. User feedback suggests potential fraudulent activities. While JRJR provides the industry-standard MT4 platform and offers online customer service through cs@jrjr.com, multiple sources indicate that users have expressed concerns about the platform's safety and legitimacy. The broker's offshore regulatory status, combined with negative user experiences and safety concerns, positions JRJR as a high-risk option for potential traders. This evaluation is based on available public information and user feedback. It highlights the importance of thorough research before engaging with this broker.

Important Notice

Regional Entity Differences: JRJR operates under offshore regulatory jurisdiction. This means different legal frameworks may apply depending on your geographical location. The broker's regulatory status varies significantly from traditional regulated entities, potentially affecting trader protections and dispute resolution mechanisms.

Review Methodology: This evaluation is based on publicly available information from multiple sources including WikiBit, user feedback, and official broker communications. Given the limited transparent information available about JRJR's operations, traders should exercise extreme caution and conduct additional independent research before making any investment decisions.

Rating Framework

Aspect Score Rating Basis
Account Conditions 3/10 Limited information available about minimum deposits, spreads, and commission structure
Tools and Resources 6/10 Provides MetaTrader 4 platform with access to multiple asset classes including metals and CFDs
Customer Service and Support 4/10 Online customer service available via email, but negative user feedback regarding responsiveness
Trading Experience 3/10 User reports suggest potential fraudulent activities affecting overall trading experience
Trust and Safety 2/10 Offshore regulatory status with less than one year of regulation time, significant safety concerns
User Experience 3/10 Negative user feedback indicators and safety concerns impact overall user satisfaction

Broker Overview

JRJR was established in 2003 as a Hong Kong-based financial services provider specializing in forex and derivatives trading. The company positions itself as a broker offering access to international financial markets through electronic trading platforms. According to available information, JRJR operates primarily as an online forex and CFD broker, targeting retail traders seeking exposure to currency markets and contract for difference instruments. The broker's business model centers around providing trading access to various financial instruments while operating under an offshore regulatory framework.

The platform uses MetaTrader 4 as its primary trading interface. It offers access to forex pairs, CFDs, and metals trading. JRJR's asset portfolio includes major and minor currency pairs, precious metals, and various CFD instruments. However, the broker operates under offshore regulatory supervision with less than one year of regulated time, as reported by WikiBit. This jrjr review reveals that while the company has been in operation since 2003, its current regulatory status raises questions about compliance and trader protection standards.

Detailed Information

Regulatory Jurisdiction: JRJR operates under offshore regulatory status, though specific regulatory body details are not clearly disclosed in available materials. The broker has less than one year of regulated time according to WikiBit reports.

Deposit and Withdrawal Methods: Specific information about deposit and withdrawal methods is not detailed in available sources. This requires direct contact with the broker for clarification.

Minimum Deposit Requirements: The minimum deposit amount is not specified in available documentation. This represents a transparency concern for potential clients.

Bonus and Promotions: No specific information about promotional offers or bonus programs is available in current sources.

Tradeable Assets: JRJR provides access to forex pairs, CFDs, and metals trading. It offers a moderate range of financial instruments for traders.

Cost Structure: Detailed information about spreads, commissions, and other trading costs is not clearly outlined in available materials. This requires direct inquiry with the broker.

Leverage Ratios: Specific leverage information is not disclosed in available sources. This is concerning for risk management assessment.

Platform Options: The broker exclusively uses MetaTrader 4 (MT4) as its trading platform. It provides standard charting and analysis tools.

Geographic Restrictions: Information about geographic limitations and restricted territories is not specified in available documentation.

Customer Service Languages: While customer service is available via cs@jrjr.com, specific language support details are not clearly documented.

This jrjr review highlights significant information gaps that potential traders should address before opening accounts.

Detailed Rating Analysis

Account Conditions Analysis (Score: 3/10)

The account conditions offered by JRJR present significant transparency issues that concern potential traders. Available information does not clearly specify account types, minimum deposit requirements, or account tier structures. This lack of transparency makes it difficult for traders to understand what they're signing up for and compare offerings with other brokers in the market.

The absence of detailed information about account opening procedures, required documentation, or verification processes raises red flags about the broker's operational standards. Professional forex brokers typically provide comprehensive account information. This includes Islamic account options, demo account availability, and clear fee structures. JRJR's failure to provide these basic details suggests either poor communication practices or intentional opacity.

Furthermore, the lack of information about account maintenance fees, inactivity charges, or minimum balance requirements makes it impossible for traders to calculate the true cost of maintaining an account. This jrjr review emphasizes that the limited account information available represents a significant disadvantage for informed decision-making. It contributes to the low rating in this category.

Tools and Resources Analysis (Score: 6/10)

JRJR's trading infrastructure centers around the MetaTrader 4 platform, which provides a solid foundation for forex and CFD trading activities. MT4 offers standard charting capabilities, technical analysis tools, and automated trading support through Expert Advisors. The platform's reliability and user-friendly interface represent positive aspects of JRJR's service offering.

The broker provides access to multiple asset classes including forex pairs, CFDs, and metals. This gives traders reasonable diversification opportunities within their trading portfolios. This asset variety allows for different trading strategies and risk management approaches, which is beneficial for traders seeking exposure to various market segments.

However, the evaluation reveals limited information about additional research resources, market analysis, educational materials, or proprietary trading tools. Modern forex brokers typically offer comprehensive market research, daily analysis, economic calendars, and educational content to support trader development. The absence of detailed information about these supplementary resources suggests that JRJR may lag behind industry standards in providing comprehensive trader support beyond basic platform access.

Customer Service and Support Analysis (Score: 4/10)

JRJR provides customer service through email communication at cs@jrjr.com. This offers a basic level of support accessibility for traders. However, the limited communication channels raise concerns about response times and support quality, particularly during urgent trading situations or technical issues.

The absence of detailed information about customer service hours, multiple language support, or alternative contact methods such as live chat or telephone support suggests limited customer service infrastructure. Professional forex brokers typically offer 24/5 support during market hours with multiple communication channels to ensure trader assistance availability.

User feedback indicates negative experiences with customer service responsiveness and problem resolution. These reports suggest that while customer service exists, the quality and effectiveness may not meet trader expectations. The combination of limited contact options and negative user feedback contributes to concerns about the broker's commitment to customer satisfaction and support quality.

Trading Experience Analysis (Score: 3/10)

The trading experience with JRJR faces significant challenges based on available user feedback and transparency issues. Reports suggest that some users consider the platform potentially fraudulent. This severely impacts confidence in the trading environment and execution quality.

Platform stability, order execution speed, and pricing accuracy are crucial factors for successful trading experiences. However, the lack of detailed performance data, execution statistics, or transparency about trading conditions makes it difficult to assess the actual trading environment quality. Professional brokers typically provide detailed information about average execution speeds, slippage statistics, and re-quote frequencies.

The negative user feedback regarding potential fraudulent activities represents the most serious concern for trading experience quality. Such reports suggest problems with fund security, withdrawal processing, or trading execution integrity. This jrjr review emphasizes that these concerns significantly impact the overall trading experience rating and should be carefully considered by potential traders.

Trust and Safety Analysis (Score: 2/10)

JRJR's trust and safety profile presents serious concerns for potential traders. The broker operates under offshore regulatory status with less than one year of regulated time, according to WikiBit reports. This regulatory situation provides limited trader protections compared to brokers regulated by major financial authorities.

Offshore regulation typically offers fewer safeguards for client funds, limited dispute resolution mechanisms, and reduced oversight of business practices. The combination of offshore status and minimal regulation time suggests that JRJR has not established a proven track record under regulatory supervision.

User feedback indicating potential fraudulent activities represents the most significant trust concern. When traders express safety concerns and question a broker's legitimacy, it reflects serious operational or ethical issues. The absence of clear information about client fund segregation, deposit protection schemes, or transparent business practices further compounds these trust concerns.

User Experience Analysis (Score: 3/10)

Overall user satisfaction with JRJR appears significantly compromised based on available feedback and transparency issues. User reports suggesting potential fraudulent activities indicate serious problems with the overall service experience and platform reliability.

The lack of clear information about user interface design, platform ease of use, and account management processes makes it difficult to assess the practical user experience. Professional brokers typically provide detailed platform tours, user guides, and transparent processes for account management and fund operations.

Common user complaints appear centered around safety concerns and platform legitimacy questions. These fundamental issues override other user experience factors such as platform design or feature availability. When users question a broker's basic legitimacy, it indicates severe problems with the overall service experience that cannot be compensated by technical features or platform capabilities.

Conclusion

This comprehensive jrjr review reveals significant concerns about the broker's safety, transparency, and regulatory status. While JRJR offers access to MetaTrader 4 and multiple trading instruments, the offshore regulatory status with minimal regulation time, combined with negative user feedback suggesting potential fraudulent activities, creates substantial risks for potential traders.

The broker may appeal to traders seeking forex and CFD trading opportunities. However, the safety concerns and transparency issues make it unsuitable for most retail traders. The main advantages include MT4 platform access and multi-asset trading capabilities, while the significant disadvantages encompass regulatory concerns, negative user feedback, and limited transparency about trading conditions and costs. Potential traders should exercise extreme caution and consider regulated alternatives with established safety records.

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