What is JRJR？
JRJR, founded in 2010, is a trading platform based in China Hong Kong that offers a variety of financial services, including trading instruments such as Gold and Silver CFDs, physical gold, and various account types to serve traders with different levels of experience. The platform also appears to offer customer support through multiple channels and boasts a diverse range of trading platforms. However, it currently holds a suspicious clone Chinese Gold & Silver Exchange Society (CGSE) license.
Pros & Cons
Pros:
Multiple Customer Support Channels: JRJR provides various customer support channels including phone, email, address, and live chat, enhancing accessibility and assistance for clients.
Multiple Market Instruments: The platform offers diverse Market Instruments, including Gold and silver CFDs, Physical gold, catering to various trading needs and experience levels.
Cons:
Is JRJR Safe or Scam？
Regulatory sight: Presently, JRJR has the sole authority of a suspicious clone license under the Chinese Gold & Silver Exchange Society (CGSE), bearing license number 084 in Hong Kong. This essentially indicates JRJR's legitimacy for certain operations, albeit the 'suspicious' tag suggests ambiguity.
User feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security measures: JRJR serves clients in multiple jurisdictions while maintaining the same regulatory standards in each region.
Market Instruments
JRJR provides a diverse array of trading instruments that encompass various asset classes, catering to the needs of investors across the financial spectrum. Investors can engage in trading Gold and Silver CFDs, allowing them to capitalize on the price movements of these precious metals without taking ownership of the physical commodities. Additionally, JRJR offers the opportunity for investors to trade physical gold, providing a direct exposure to the inherent value of this precious metal.
How to Open an Account？
Steps:
Enter your phone number, and then enter the verification code that is sent to your phone number.
Set your login password.
Re-enter your login password.
Enter your real name in the ''Real name authentication''.
(Optional) Enter an invitation code.
Check the box next to I have read and agree to the Jin Rong China User Agreement''.
Account Types
JRJR provides different account types, including the Standard Account with a minimum deposit requirement of $70. For more advanced traders, JRJR offers VIP accounts with varying tiers. VIP0 offers exclusive benefits with a single deposit of $20,000 US dollars or 1,000 trading lots. As traders' commitment grows, they have the opportunity to access higher VIP levels (VIP 1-8) which require a cumulative deposit of $40,000 and 2,000 trading lots. These various account options cater to traders with different levels of experience, trading volumes, and financial capacities, enabling them to access a range of tailored benefits and services to suit their specific trading needs.
Spreads & Commissions
JRJR provides competitive spreads and commissions across its various account types. For the Standard Account, the spread is set at $22 per lot, offering traders a cost-effective option for accessing the financial markets. For VIP (0-8) Premium Accounts, the spread is slightly higher at $24 per lot, reflecting the additional benefits and features available to VIP account holders.
Importantly, all account types feature a commission-free trading model, enhancing accessibility and affordability for traders across different account tiers.
Trading Platforms
JRJR provides its clients with a selection of advanced and versatile trading platforms to cater to a diverse range of trading preferences and styles. Whether it's the industry-leading MetaTrader 4 or the advanced features of MetaTrader 5, traders can access powerful tools and a user-friendly interface to execute their trading strategies.
Additionally, the Jinrong APP and Jinrong Desktop platforms offer further flexibility, allowing clients to trade on-the-go or from a desktop environment with ease and convenience. These diverse platforms ensure that clients have access to the tools and technology that best suit their trading needs, providing a seamless and comprehensive trading experience.
Customer Service
JRJR ensures continuous support to its clients by offering robust customer service.
Phone: (+852) 2385 0868
Fax: (+852) 23851628
Customer service email: cs@jrjr.com
Working hours: Monday to Friday 9:00-17:00 (closed on holidays)
Company address: 21/F, Tower 2, Nina Tower, 8 Yeung Uk Road, Tsuen Wan, N.T.
Online customer service
Conclusion
In conclusion, JRJR offers a wide range of market instruments, high leverage, competitive spreads, and various trading platforms, including MetaTrader4 and MetaTrader5. The availability of customer service via email on a 24/5 basis demonstrates a commitment to supporting clients.
However, it is suspiciously regulated by the Chinese Gold & Silver Exchange Society (CGSE), raising significant safety and trust concerns.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you 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.
2024-01-15 23:29
2023-04-04 10:41
2023-01-10 12:44
