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JS GLOBAL

Pakistan|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

http://www.jsgcl.com

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Pakistan 4.65

Surpassed 90.22% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+92 21 32427461
jsgcl.ho@js.com
http://www.jsgcl.com
The Center 17th & 18th Floor, Plot No. 28, S.B.5, Abdullah Haroon Road, Karachi.

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Expose

JS GLOBAL · Company Summary

JS Global Review Summary
Founded 2000
Registered Country/Region Pakistan
Regulation Unregulated
Market Instruments Forex, commodities, equity sales, fixed income etc.
Minimum Deposit Rs. 1,000
Trading Platforms TradePro
Customer Support Live chat, contact form, Phone, fax, email, social media

What is JS Global?

JS Global's home page

JS Global, established in 2000 and based in Pakistan, offers an array of financial services, including trading in Forex, commodities, equity sales, and fixed income products. While it operates without specific regulatory oversight, the platform provides accessible entry to the financial markets, requiring a minimum deposit of Rs. 1,000. Traders can utilize the TradePro trading platform and access customer support through live chat, contact form, phone, email, and social media channels. JS Global's extensive offering appeals to traders seeking a variety of market instruments, though the lack of regulation should be a consideration for potential users.

Pros & Cons

Pros Cons
• Experiences in global financial markets • No regulations
• Various trading services • Non-transparent trading information
• Professional management team

Pros:

• 17-year experience in global financial markets: JS Global has been in operation for nearly two decades, indicating a deep understanding and expertise in navigating the financial markets.

• Various trading services: This extensive range offers traders a diverse selection, aiding in portfolio diversification and alignment with individual trading strategies.

• Professional management team: JS Global boasts a professional management team with extensive industry experience, providing clients with valuable insights and expertise in navigating the financial markets. Their seasoned professionals contribute to the platform's credibility and reputation for sound financial guidance.

Cons:

• No regulations: Doubts surrounding a platform's regulatory status can be concerning. Proper regulation guarantees that the broker adheres to lawful and ethical standards, safeguarding traders from potential malpractices.

• Non-transparent trading information: A potential drawback of JS Global is its non-transparent trading information, which could pose challenges for traders seeking full visibility and clarity on market data and trading conditions. This lack of transparency may hinder the decision-making process for some users.

Is JS Global Safe or Scam?

When considering the safety of a brokerage like JS Global or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps investors can take to assess the credibility and safety of a brokerage:

No license
  • Regulatory sight: JS Global is not regulated. Potential users should be aware that it lacks the oversight and investor protection that come with regulation. Traders are encouraged to exercise caution and conduct thorough research before engaging in trading activities on this unregulated platform.

  • User feedback: The existence of one report on WikiFX about withdrawal difficulties should be seen as potential warning signs. Before deciding to engage with any broker or investment platform, it's advisable to perform detailed research and due diligence to avoid regrettable decisions.

  • Security measures: The exchange value investors' trust in providing the Personal Information, thus they are striving to use commercially acceptable means of protecting it. But remember that no method of transmission over the internet, or method of electronic storage is 100% secure and reliable, and the broker cannot guarantee its absolute security.

As with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Trading Products & Services

The principal business activities of the Company are Share brokerage, Money Market, Forex, Commodity brokerage, Advisory, Underwriting, Book Runner and Consultancy services. Other activities include investment in a mix of listed and unlisted equity and debt securities and reverse repurchase transactions.

Share Brokerage: JS Global provides services for trading stocks and shares in various companies, enabling investors to buy and sell equities in both listed and unlisted markets.

Money Market: The platform offers access to the money market, allowing traders to invest in short-term, low-risk financial instruments like Treasury bills, commercial paper, and certificates of deposit.

Forex (Foreign Exchange): Traders can participate in the dynamic world of currency trading, where they can speculate on the price movements of different currency pairs.

Commodity Brokerage: JS Global facilitates trading in commodities, including precious metals like gold and silver, as well as energy resources like oil and natural gas.

Advisory Services: The platform offers advisory services to assist clients in making informed investment decisions, providing expert insights and recommendations.

Underwriting and Book Runner Services: JS Global is involved in underwriting and acting as a book runner for various financial transactions, helping companies raise capital through issuing securities.

Consultancy Services: The platform offers consultancy services to support clients in navigating the complex world of finance and investment.

In addition to these primary services, JS Global engages in investments in a mix of listed and unlisted equity and debt securities and participates in reverse repurchase transactions. This diverse range of offerings provides traders and investors with a broad spectrum of opportunities to explore and diversify their portfolios. However, it's important to note that JS Global operates without regulatory oversight, which may influence one's choice of financial partner.

Accounts

JS Global provides a range of account options, including PMEX and PSX accounts, offering access to various financial instruments such as commodities and equities. Additionally, the company offers a Global Digital Account for trading commodities, although specific details regarding these accounts and the trading conditions are not disclosed on their website. Traders interested in these offerings may need to contact JS Global directly to obtain more information and explore the possibilities these accounts offer.

Trading Platforms

JS Global's trading platform, TradePro, serves as a comprehensive tool for executing various financial transactions. This platform is designed to facilitate trading in a wide array of market instruments, including forex, commodities, equity sales, and fixed income. While TradePro offers users access to a diverse range of financial assets, it's essential to note that specific details and features of this trading platform may require further exploration and verification by potential users directly through JS Global's services, as they may not be fully disclosed on their website.

Deposits & Withdrawals

The Client is required to provide an initial deposit of Rs. 1,000. This deposit can be made through a crossed cheque, relevant banking instrument, or banking channel.

Alternatively, eligible securities worth Rs. 1,000 (after haircut) can be provided as collateral.

JS Global offers the convenience of directly depositing cheques/banking instruments issued from investors' own bank account into JS Global's bank account through the nationwide network of JS Bank branches. investors can initiate a payment request using investorsr trading terminal or send an email or letter to JS Global requesting payment against investorsr account's credit balance.

Similarly, for share transfers, investors can write an email or letter to JS Global, and investors' shares will be transferred according to the CDC regulatory framework based on investors' instructions.

Users should note that while JS Global ensures flexibility in deposits, withdrawal of funds might be subject to commissions from the payment system. These commissions can change without prior notice as determined by the respective payment systems.

Customer Service

Live Chat: Investors can access real-time live chat with JS global by clicking the icon on the website.

Contact Form:

Contact Form

Karachi Registered Head Office

Address: The Center 17th & 18th Floor, Plot No. 28, S.B.5, Abdullah Haroon Road, Karachi.

UAN: (+92-21) 111 574 111

Fax: (+92-21) 3280 0167

Email: jsgcl.ho@js.com

JS Global has different contact information for different branches (See below)

contact details

Conclusion

In conclusion, JS Global, boasting a wealth of over two decades of experience in the financial industry, has established itself as a significant player in Pakistan's markets. While the presence of a seasoned and professional management team instills confidence, it's important for investors to note that the lack of regulatory oversight may raise concerns regarding transparency in trading information. JS Global provides a variety of trading account options, including PMEX and PSX accounts, as well as Global Digital Accounts for trading various commodities. Their versatile trading platform, TradePro, offers a range of functionalities for executing transactions across multiple financial instruments. It's essential to be aware that the regulatory status of JS Global remains unconfirmed. Despite this, the brokerage's long-standing presence and extensive market offerings make it a compelling option for those seeking financial services in Pakistan. However, potential investors should carefully consider the implications of the absence of regulation in their decision-making process.

Frequently Asked Questions (FAQs)

Q 1: Is JS Global regulated?
A 1: No.
Q 2: Can I authorize someone to operate my account on JS Global?
A 2: Yes, but it is not recommended.
Q 3: Can I access JS Global's research reports?
A 3: Yes, you can have direct access to JS Global's research portal, which is available on the JS Global website.
Q 4: How can I close the trading account with JS Global?
A 4: To close your trading account with JS Global, you can make a request via email, write a letter, or visit the specific branch of JS Global.

Risk Warning

Online trading involves significant risk, and investors may lose all of investorsr invested capital. It is not suitable for all traders or investors. Please ensure that investors understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

JS Global Capital Limited

Company Abbreviation

JS GLOBAL

Regulatory Status

No Regulation

Platform registered country and region

Pakistan

Phone of the company
  • +92 21 32427461

  • +92 21 111 574 111

Twitter

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Facebook
Instagram

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YouTube

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Company address
  • The Center 17th & 18th Floor, Plot No. 28, S.B.5, Abdullah Haroon Road, Karachi.

Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • jsgcl.ho@js.com

Company Summary

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