Score

1.41 /10
Danger

Jrjway

Hong Kong

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.82

Risk Management Index0.00

Software Index4.37

License Index0.00

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

金荣中国金融业有限公司

Company Abbreviation

Jrjway

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong CGSE regulation (license number: 084) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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Jrjway · Company summary
JrjwayReview Summary
Founded2022
Registered Country/RegionHong Kong
RegulationSuspicious clone
Market InstrumentsSpot Gold, Silver
Demo Account/
Leverage/
Spread$24 per lot discount
Trading PlatformJin Rong APP, MT4
Min Deposit$70
Customer SupportPhone: (+852)2385 0868
Email: cs@jrir.com
21/F,Full Floor, Phase 2. Lee Garden Two. 8Yan King Road, Tsuen Wan, New Territories, Hong Kong

Jrjway Information

Jrjway, founded in 2022, is a brokerage registered in Hong Kong. It currently offers spot gold and silver trading for traders, plus 2 other accounts and 2 trading platforms. It is currently in an abnormal state of supervision - suspected cloning, security is lacking.

Pros and Cons

ProsCons
No opening priceSuspicious clone
Zero commission
MT4 supported

Is Jrjway Legit?

Regulatory StatusSuspicious clone
Regulated byHong Kong
Licensed Institution金荣中国金融业有限公司
Licensed TypeType AA License
Licensed Number084
Suspicious clone

What Can I Trade on Jrjway?

Jrjway mainly offers spot gold and silver trading.

Tradable InstrumentsSupported
Spot Gold
Silver
Forex
Commodities
Indices
Stocks
Bonds
ETF

Account Types

Jrjway offers two types of accounts: Standard Account and VIP (0-8) High-End Account. Of the two accounts, the minimum deposit is $70 and the maximum is $40,000. It's a big span.

In contrast, the VIP (0-8) High-End Account has more benefits than the Standard Account, which are reflected in bonuses and different rights. Among them, the most obvious is the Spread Rebate, VIP (0-8) High End Account of $24 per lot, Standard Account of $22 per lot.

Account TypesStandard AccountVIP (0-8) High-End Account
Minimum Deposit$70VIP 0: Single deposit of $20,000 or 1,000 lots VIP(1-8): Accumulated deposit starting from $40,000, 2,000 lots
Spread Rebate$22 per lot$24 per lot
Trade Lot Size per Transaction0.05 to 20 lots0.05 to 50 lots
Dedicated Customer Service×
Priority Funding and Withdrawal×Withdrawal can be processed within 30 minutes
Trading Training×
Birthday Bonus
Upgrade Bonus×Available for VIP1 and above
Monthly Red Packet×Available for VIP2 and above
Additional Rebates×Available for VIP3 and above
Access to capital injection×Available for VIP3 and above
Special Offers×Available for VIP6 and above

Jrjway Fees

Jrjway emphasizes that for traders, there is no opening price, zero commission and spread discount. It offers a spread of $50 per contract for London Gold and $200 per contract for London Silver.

In addition, open a standard account and enjoy a $22 spread discount, while VIP accounts enjoy an even lower spread discount of only $24 per contract.

Jrjway Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Jin Rong APPMobileBeginner
MT4Desktop, MobileBeginner
MT5

Deposit and Withdrawal

JRJway facilitates fund deposits and managementthrough their“JRJway Wallet”system. The initial deposit for 1 lot of London Gold is $1.000. And for 1 lot of London Silver, it's $650.

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