OH JY Coin Review
Zusammenfassung：OH JY Coin is a financial company based in Germany. It uses its own web-based trading platform, and it offers 3 types of accounts, of which the minimum deposit is up to $1 000. What's more, this company is not regulated, and the potential risks are high.
Note: OH JY Coin's official website - https://ohjycoin.com is currently inaccessible normally.
| OH JY CoinReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Germany |
| Regulation | No regulation |
| Market Instruments | Currencies, metals, commodities, stocks, cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:100 |
| EUR/USD Spread | From 0.4 pips |
| Trading Platform | Web-based |
| Min Deposit | $1 000 |
| Customer Support | Email: support@ohjycoin.com |
| Address: Köpenicker Str. 65, 10179 Berlin | |
OH JY Coin is a financial company based in Germany. It uses its own web-based trading platform, and it offers 3 types of accounts, of which the minimum deposit is up to $1 000. What's more, this company is not regulated, and the potential risks are high.
Pros and Cons
| Pros | Cons |
| Various trading asset classes | Inaccessible website |
| Multiple account types | Lack of regulation |
| FCA warning | |
| No MT4 or MT5 | |
| High minimum deposit | |
| Limited payment options |
Is OH JY Coin Legit?
No, OH JY Coin is not regulated. Moreover, FCA issued a warning notice about this company.
What Can I Trade on OH JY Coin?
OH JY Coin provides a number of trading products, including currencies, metals, commodities, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Metals | ✔ |
| Cmmodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
OH JY Coin offers 3 types of accounts, including Beginner, Trader, and Investor. However, it does not mention whether demo accounts are available or not.
| Account Type | Min Deposit |
| Beginner | $1,000 |
| Trader | $25,000 |
| Investor | $50,000 |
Leverage
The leverage can be up to 1:100, which is relatively low. However, customers still need to consider carefully and be aware that high leverage may bring high risks.
| Account Type | Max Leverage |
| Beginner | 1:20 |
| Trader | 1:50 |
| Investor | 1:100 |
Trading Platform
OH JY Coin uses its own web-based trading platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
OH JY Coin supports 2 types of deposit options, including Bitcoin and Tether. However, other details such as the withdrawal options, the processing time, and fees, are not clear.
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