Score
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index7.23
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Note: Jones Mutual's official website - https://www.jonesmutual.com/#/ is currently inaccessible normally.
| Jones Mutual Review Summary | |
| Founded | / |
| Registered Country/Region | Estonia |
| Regulation | No regulation |
| Market Instruments | Currency pairs, stocks, indices, precious metals, commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| EUR/USD Spread | Floating around 3 pips |
| Trading Platform | WebTrader |
| Min Deposit | / |
| Customer Support | Tel: +44 -131 608 0640 |
| Email: support@jonesmutual.com | |
Janes Mutual is a CFD broker, owned and operated by Greenriver OU, with its registered office in Tallinn, Eisenia. Janes Mutual is not currently regulated in any way, and potential risks cannot be ignored.
| Pros | Cons |
| Diverse tradable assets | Inaccessible website |
| Demo accounts | Lack of regulation |
| Popular payment methods | Wide EUR/USD spread |
| No MT4 or MT5 | |
| Withdrawal fee charged |
No, Jones Mutual is not regulated by the financial services regulatory authority in Estonia, which means that the company lacks regulation from its registration site. Besides, it was disclosed by The Financial Supervision Authority to be unauthorized. Please note the potential risks!
Jones Mutual provides different types of products, including currency pairs, stocks, indices, precious metals, and commodities.
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Precious Metals | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
The leverage can be up to 1:100. Traders need to consider carefully, because high leverage is likely to bring high potential risks.
The EUR/USD spread in Janes Mutual demo account is 3 pips, which is twice the industry average, which means higher trading costs for investors.
Jones Mutual uses a web-based trading platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | PC, web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Jones Mutual accepts several types of payment options, including VISA, MasterCard, and bank wire. Besides, it charges certain amounts of fees.
| Payment Option | Withdrawal Fee | Note |
| VISA/MasterCard | 3.5% | $20 fees are charged if withdrawals are below $100 |
| Bank wire | $20 |
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