Score

5.08 /10
Average

JonesTrading

Regulated in Canada

Market Making(MM)

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index6.32

Business Index7.18

Risk Management Index0.00

Software Index5.69

License Index5.50

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

JonesTrading Canada Inc.

Company Abbreviation

JonesTrading

Platform registered country and region

Canada

Company website

Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts
Previous Detection : 2024-12-23
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
JonesTrading · Company summary
JonesTrading Review Summary
Registered Country/Region Canada
Regulation IIROC (Regulated)
Services & Products Equities, Investment Banking/Capital Markets, Derivatives, Outsourced Trading, Electronic Trading, Prime Services, Capital Introduction, Market Color, Research, Commission Management
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Telephone: 416.961.4674 and 877.566.3710

What is JonesTrading?

JonesTrading, a financial services provider based in Canada and regulated by IIROC. With a comprehensive range of services and products tailored to institutional clients, JonesTrading offers expertise in equities, investment banking/capital markets, derivatives, outsourced trading, electronic trading, prime services, capital introduction, market color, research, and commission management. For customer support, you can reach JonesTrading via telephone at 416.961.4674 or toll-free at 877.566.3710.

JonesTradings homepage

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • Comprehensive Range of Services
  • Unclear trading conditions (spreads, commissions, swaps, accounts, funding methods)
  • Regulated by IIROC
  • No social media presence
  • Tailored Solutions
  • Access to Unique Liquidity

Pros of JonesTrading:

- Comprehensive Range of Services: JonesTrading offers a comprehensive suite of financial services, catering to the diverse needs of institutional clients. From equities to derivatives, clients have access to a wide array of investment options under one roof.

- Regulated by IIROC: Being regulated by the Investment Industry Regulatory Organization of Canada (IIROC) provides clients with a level of confidence and assurance regarding compliance and adherence to industry standards and regulations.

- Tailored Solutions: JonesTrading understands that each client has unique requirements and investment goals. By offering tailored solutions, they can address specific needs and preferences, providing a personalized experience for clients.

- Access to Unique Liquidity: With its extensive network and coverage, particularly in the Asia Pacific region, JonesTrading can provide clients with access to unique liquidity pools and investment opportunities that may not be readily available elsewhere, potentially enhancing investment outcomes.

Cons of JonesTrading:

- Unclear Trading Conditions: JonesTrading may face criticism for unclear trading conditions, including spreads, commissions, swaps, account types, and funding methods. Lack of transparency in these areas could lead to confusion or dissatisfaction among clients.

- Limited Social Media Presence: In today's digital age, a strong social media presence can enhance brand visibility and communication with clients. JonesTrading's absence from social media platforms may hinder its ability to engage with clients and stay relevant in the industry.

Is JonesTrading Safe or Scam?

JonesTrading operates under the regulatory oversight of the Investment Industry Regulatory Organization of Canada (IIROC) with a Market Making (MM) license, signifying its adherence to stringent standards and regulations. With a proven track record spanning several years and a multitude of satisfied clients, JonesTrading has garnered a reputation for reliability and trustworthiness within the financial services industry.

However, While JonesTrading presents itself as a reputable brokerage, there is reports of unable to withdrawal.

regulated by IIROC

Services & Products

JonesTrading offers a comprehensive range of services and products tailored to meet the diverse needs of institutional clients and investors.

- Equities: JonesTrading provides expertise in equities trading, offering execution services for institutional investors seeking to buy or sell stocks.

- Investment Banking/Capital Markets: JonesTrading assists clients with investment banking services, including capital raising, mergers and acquisitions, and advisory services related to capital markets activities.

- Derivatives: JonesTrading offers trading and execution services for various derivative instruments, such as options, futures, and swaps, to help clients manage risk and pursue investment opportunities.

- Outsourced Trading: JonesTrading provides outsourced trading services, allowing clients to leverage its trading expertise and infrastructure to execute trades on their behalf.

- Electronic Trading: JonesTrading offers electronic trading solutions, enabling clients to execute trades electronically through its trading platforms and algorithms.

- Prime Services: JonesTrading provides prime brokerage services, including securities lending, financing, and clearing, to support the trading and investment activities of hedge funds and other institutional clients.

- Capital Introduction: JonesTrading facilitates capital introduction services, connecting institutional investors with investment opportunities, such as hedge funds and alternative asset managers.

- Asia Pacific Coverage: JonesTrading offers extensive coverage of global institutions and Asian specialist funds, providing clients with access to unique liquidity and investment opportunities in the Asia Pacific region.

- Market Color: JonesTrading provides market color, or insight and commentary on market trends, developments, and trading activity, to help clients make informed investment decisions.

- Research: JonesTrading conducts research on various market sectors, companies, and investment themes, providing clients with valuable insights and analysis to support their investment strategies.

- Commission Management: JonesTrading offers commission management services, helping clients optimize their trading costs and manage their commission budgets effectively.

User Exposure on WikiFX

On our website, you can see a report of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: 416.961.4674 and 877.566.3710

Address: 88 Queens Quay West, Suite 3020, Toronto, ON M5J 0B8

contact details

Conclusion

In conclusion, JonesTrading stands out as a regulated financial services provider, offering a comprehensive range of services tailored to institutional clients. Regulated by IIROC, the company provides a level of assurance regarding compliance and adherence to industry standards. Its commitment to tailored solutions and access to unique liquidity further strengthens its appeal to clients seeking personalized investment strategies and diversified opportunities. However, JonesTrading faces challenges such as unclear trading conditions and a limited social media presence, which could affect transparency and client engagement.

Frequently Asked Questions (FAQs)

Q 1: Is JonesTrading regulated by any financial authority?
A 1: Yes. It is regulated by IIROC.
Q 2: How can I contact the customer support team at JonesTrading?
A 2: You can contact via telephone: 416.961.4674 and 877.566.3710.
Q 3: What services and products JonesTrading provides?
A 3: It provides equities, Investment Banking/Capital Markets, Derivatives, Outsourced Trading, Electronic Trading, Prime Services, Capital Introduction, Market Color, Research, Commission Management.

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.

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Mrs.T
more than one year
JonesTrading's website offers so little information. And this company is not regulated by FCA or ASIC, I don't know the reliability of this IIROC institution. I prefer not to trade here.
JonesTrading's website offers so little information. And this company is not regulated by FCA or ASIC, I don't know the reliability of this IIROC institution. I prefer not to trade here.
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2023-03-06 16:11
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