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No Regulation
Score
1.39 /10
Danger
JRJR
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index6.10
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-01
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| JRJRReview Summary | |
| Registered Country/Region | Hong Kong |
| Regulation | No regulation |
| Market Instruments | Gold and silver CFDs, physical gold |
| Trading Platform | MT4, MT5, JRJR App |
| Demo account | ✔ |
| Account Type | Standard account, Demo account |
| Min Deposit | $70 |
| Customer Support | Phone: +852 2385 0868 |
| Email: cs@jrjr.com | |
| Physical Address: 21/F, Nina Tower 2, 8 Yeung Uk Road, Tsuen Wan, N.T., Hong Kong | |
JRJR Information
JRJR, founded in Hong Kong, is a financial trading platform specializing in precious metals, particularly in spot gold trading. It provides 2 types of accounts and 3 types of trading platforms. But it is unregulated.
Pros and Cons
| Pros | Cons |
| 14-year brand history | Unregulated |
| 3 types of trading platform available | Limited asset diversity |
| Low commissions & fees |
Is JRJR Legit?
It is clear that JRJR is currently unregulated.
What Can I Trade on JRJR?
JRJR offers traders the opportunity to trade gold and silver CFDs, physical gold.
Account Types
JRJR offers 2 different types of accounts to traders - Standard Account and Premium Account.
Standard Account: Suitable for regular clients, with preferential rates and spreads.
Premium Account: Suitable for clients with larger funds or institutional investors, with greater discounts and spreads.
Requirement: A standard account can be upgraded to a Premium account with a single deposit of USD 20,000. If the Premium account fails to meet the required trading volume for 90 days, it will be downgraded to a standard account.
JRJR Fees
JRJR charges no commissions. But it charges 1.25% swaps for buying and 0.75% swaps for selling. Spot gold's spreads is $20/lot, and Spot silver's spreads is $100/lot.
| Produce type | Spot gold XAU/USD | Spot silver XAU/USD |
| Spreads | $20/lot | $100/lot |
| Transaction margin | $1000/lot | $650/lot |
| Swap | Buy: 1.25% (annual interest rate)Sell: 0.75% (annual interest rate)Both buying and selling require payments | Buy: 1.25% (annual interest rate)Sell: 0.75% (annual interest rate)Both buying and selling require payments |
| Commissions | $0 | $0 |
Trading Platform
JRJR's trading platform are MT4, MT5 and a JRJR app, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Mobile | Beginner |
| MT5 | ✔ | Web, Mobile | Proficient |
| JRJR App | ✔ | Web, Mobile |
Deposit & Withdrawal
JRJR offers 3 deposit methods - RMB online payment, digital wallet payment, bank transfer.
JRJR offers 2 withdrawal methods - Cryptocurrencies, domestic or Hong Kong/oversea region bank cards.
| Criteria | General Members | VIP Members | Notes |
| Deposit Fees | None | None | Hassle-free deposits with no associated fees |
| Withdrawal Amount Below 50 | $3 fee | $3 fee | Fixed fee for withdrawals below $50 |
| Unmet 50% Trading Volume | 6% fee | 6% fee | Fee is based on deposited amount if 50% trading volume not met |
| Free Withdrawals Per Day | Up to 3 | Up to 5 | Fee-exempted withdrawals |
| Additional Withdrawals | 6% fee | 6% fee | Fee incurred for withdrawals exceeding daily limit |
| Processing Time for Withdrawal | 1 business day | 1 business day | After identity checks and verifications |
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