Abstract:HDJR Forex was registered in China but no more valid information can be found through Internet about this broker. It currently operates without any regulatory supervision. Furthermore, coupled with an inaccessible website and complete lack of customer service channels, investors are advised to stay away from this broker.
Note: HDJR Forex's official website: https://pc.ibkrviplimited.cc is currently inaccessible normally.
HDJR Forex was registered in China but no more valid information can be found through Internet about this broker. It currently operates without any regulatory supervision. Furthermore, coupled with an inaccessible website and complete lack of customer service channels, investors are advised to stay away from this broker.
The broker operates without any valid supervision from any regulatory authorities. It raises questions about its legitimacy and credibility since regulated brokers usually adhere to strict industry standards to protect customer funds.
Unavailable website: HDJR Forex's website cannot be opened currently, which makes traders without access to its services.
Lack of transparency: The unavailable website and limited info through internet about the company leave traders in the dark about its current operational status and trading conditions.
Regulatory concerns: The absence of regulatory supervision indicates less customer protections and compliance to industry standards of the broker, leaving investor funds at risks.
Several negative customer reviews: There are 4 exposures on WikiFX about scam, fraud and withdrawal issues of this broker, suggesting that HDJR Forex might be a scam broker.
Absence of customer service channels: Trades are unable to contact the broker for any inquiries or assistance on trading activities since HDJR Forex does not provide any windows for customer service at all.
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are 4 piece of HDJR Forex exposure in total, I will introduce 2 of them as follows:
Exposure 1. Scam
Classification | Withdrawal issues |
Date | 2022-06-06 |
Post Country | Taiwan |
The investor from Taiwan reported that customer service of the company prevented him from withdrawing money by asking him to pay for margin in the first time and the risk fund for the second time.
Exposure 2. Withdrawal issues
Classification | Scam |
Date | 2021-09-26 |
Post Country | Taiwan |
Another Taiwan investor reported $50,000 loss due to scam of the broker.
To sum up, we recommend you to get rid of possible scam brokers like HDJR Forex who does not maintain functional website and customer service channels. Its unregulated status and exposures regarding scam, fraud and withdrawal issues is also worrisome. All these factors indicate that the broker is very unreliable and untrustworthy. Hence, choosing reputable and regulated alternatives is a smart decision to protect your money.
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