Score

1.20 /10
Danger

Jasper

Hong Kong

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Regulatory Index0.00

Business Index4.62

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Jasper · Company summary
Jasper Basic Information
Company Name Jasper
Founded 2023
Headquarters Hong Kong
Regulations Unregulated
Products and Services London gold, Gold T + D, Paper gold, Physical gold
Maximum Leverage 1:100
Fees Free account opening, Zero commission fees
Customer Support Email: support@jasperfinancialcapital.com
Education Resources Gold Institute, Beginner's Guide
Trading Tools Economic Calendar

Overview of Jasper

Jasper, established in 2023 and headquartered in Hong Kong, is a trading platform offering a variety of products and services in the financial markets. While the company operates without regulatory oversight, it provides traders with opportunities to engage in London gold, Gold T + D, Paper gold, and Physical gold trading. The platform's fee structure emphasizes transparency and affordability, with no charges for account opening and zero commission fees for transactions. Despite the lack of regulation, Jasper aims to prioritize user experience through its user-friendly interface and risk management features, catering to both novice and experienced traders.

Traders utilizing Jasper can benefit from a diverse range of trading options, including bidirectional operations in London gold and Gold T + D, which allow for potential profits from both rising and falling prices. However, it's important to note that Paper gold and Physical gold trading operate with one-way operations, offering different advantages such as easy access to trading opportunities and long-term investment potential. While Jasper's fee structure is designed to minimize costs for traders, the absence of regulatory oversight may raise concerns regarding fund security and dispute resolution mechanisms. Nonetheless, the platform provides educational resources like the Gold Institute and Beginner's Guide to empower traders with the knowledge needed to navigate the financial markets effectively.

Overview of Jasper

Is Jasper Legit?

Jasper is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like Jasper, as there may be limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's business practices. It is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience.

Is Jasper Legit?

Pros and Cons

Jasper presents a blend of advantages and drawbacks that traders should carefully consider. On the positive side, the platform offers a diverse range of trading products and services, catering to various trading preferences and investment strategies. Traders can benefit from bidirectional operations in products like London gold and Gold T + D, providing opportunities to profit from both upward and downward market movements. Additionally, Jasper's fee structure is transparent and cost-effective, with no charges for account opening and zero commission fees for transactions. However, the absence of regulatory oversight raises concerns about fund security and dispute resolution mechanisms, which may deter some traders from engaging with the platform. Despite this, Jasper provides educational resources like the Gold Institute and a Beginner's Guide to empower traders with the knowledge needed to navigate the financial markets effectively.

Pros Cons
  • Diverse range of trading products and services
  • Unregulated platform
  • Bidirectional trading operations
  • Lack of regulatory oversight
  • Cost-effective fee structure
  • Educational resources for traders

Products and Services

Jasper offers a variety of products and services catering to different trading preferences and investment strategies. These include London gold, Gold T + D, Paper gold, and Physical gold trading options. London gold and Gold T + D allow bidirectional operation, offering traders the flexibility to profit from both rising and falling prices. These products offer full-day trading hours, providing ample opportunities for traders to capitalize on market movements. London gold offers leverage of up to 100 times, enabling traders to amplify their positions with a relatively low capital investment, while Gold T + D offers a leverage ratio of about 12.5x, requiring a higher initial investment.

Paper gold and Physical gold trading, on the other hand, are more conservative options with one-way trading operations. Paper gold trading offers bidirectional operations with low investment and the potential for profit with 24-hour trading, providing traders with easy access to multiple trading opportunities. Conversely, Physical gold trading involves high investment and no leverage, making it suitable for long-term investors seeking to hold physical assets. Despite the lack of leverage, Physical gold trading offers the advantage of long-term investment opportunities and avoids the complexities of leveraged trading. Overall, Jasper's diverse range of products and services caters to traders with varying risk appetites and investment objectives, providing options for both short-term speculation and long-term investment.

Products and Services

Leverage

Jasper offers leverage options for certain trading products, providing traders with the opportunity to amplify their positions in the market. One of the products that leverage is available for is London gold, which offers a leverage ratio of up to 100 times. This means that traders can control a larger position in the market with a relatively smaller amount of capital, potentially magnifying both profits and losses. Leverage allows traders to increase their exposure to market movements, thereby enhancing the potential returns on their investments. However, it's essential to note that trading with leverage also increases the level of risk, as losses can exceed the initial investment amount.

While leverage can be a powerful tool for traders seeking to maximize their trading opportunities, it's crucial to use it judiciously and implement risk management strategies. High leverage ratios entail higher levels of risk, and traders should be aware of the potential consequences of leverage-induced losses. Jasper aims to provide traders with access to leverage options while also emphasizing the importance of responsible trading practices. By offering leverage, Jasper seeks to cater to the diverse needs and preferences of traders, enabling them to tailor their trading strategies according to their risk tolerance and investment objectives.

Here is a comparison table of maximum leverage offered by different brokers:

Broker Jasper Capital Bear Quadcode Markets Deriv
Maximum Leverage 1:100 1:05 1:30 1:1000

Fees

Jasper maintains a fee structure that prioritizes affordability and transparency. The company offers free account opening for both simulated and real investment accounts, ensuring accessibility to its trading platforms without any initial financial commitment from clients. This approach allows users to explore the platform's features and capabilities before deciding to invest real funds. Additionally, Jasper stands out in the industry by charging zero commission fees for transactions, enabling traders to execute trades without incurring extra costs. This fee model aligns with Jasper's commitment to providing a cost-effective trading environment for its clientele.

Furthermore, Jasper aims to minimize the expenses associated with holding positions by offering the lowest warehouse interest expenses in the market. By reducing these costs, traders can optimize their investment returns and better manage their portfolios. Additionally, the company addresses settlement costs by implementing fixed settlement exchange rates, which helps to stabilize investment costs and mitigate risks stemming from fluctuations in exchange rates. Overall, Jasper's fee structure reflects its dedication to providing a fair and transparent trading experience for its users, allowing them to trade with confidence and peace of mind.

Fees

Trading Platforms

Jasper offers a user-friendly trading platform designed to cater to the needs of both novice and experienced traders. The platform features educational videos that provide valuable insights and guidance on various aspects of trading, helping users enhance their knowledge and skills. With immediate feedback mechanisms in place, traders can receive real-time updates on their trading activities, enabling them to make informed decisions promptly. The platform boasts a simple and intuitive interface, allowing for flexible ordering and seamless navigation. Additionally, it incorporates essential risk control functions such as stop-loss and take-profit orders, empowering traders to manage their positions effectively and mitigate potential losses.

One of the notable features of the Jasper trading platform is its clear and intuitive price icons, which provide users with a visual representation of market movements and trends. This visual clarity enhances the trading experience by enabling traders to quickly interpret price changes and make timely decisions. Moreover, the platform offers convenient installation and occupies minimal system resources, ensuring smooth performance across various devices. Overall, Jasper's trading platform is designed to prioritize ease of use, functionality, and performance, providing traders with the tools they need to succeed in the financial markets.

Trading Platforms

Customer Support

Jasper ensures accessible and responsive customer support services to assist its clients with any inquiries, concerns, or issues they may encounter. Clients can reach out to Jasper's customer support team via email at support@jasperfinancialcapital.com. This email support system provides a convenient and efficient means of communication, allowing clients to seek assistance at their convenience. The support team is dedicated to delivering timely and personalized responses to address clients' queries effectively. Whether clients have questions about account management, trading platforms, or financial products, Jasper's customer support team strives to provide prompt assistance and guidance.

Additionally, Jasper may offer further avenues for customer support, such as telephone support or live chat services, to enhance accessibility and address clients' needs more efficiently. By offering multiple channels for customer support, Jasper ensures that clients can reach out for assistance through their preferred method of communication. The support team is committed to delivering high-quality service and ensuring clients' satisfaction by promptly resolving any issues or inquiries they may have. Overall, Jasper's customer support infrastructure is designed to provide clients with reliable and responsive assistance, contributing to a positive and satisfactory client experience.

Customer Support

Educational Resources

Jasper offers a range of educational resources aimed at providing traders with the knowledge and insights needed to navigate the financial markets effectively. One of the key resources is the Gold Institute, which serves as a comprehensive guide for traders, especially beginners. It covers essential topics such as understanding precious metals, the benefits of trading precious metals, and practical considerations for trading. The institute offers valuable insights into the dynamics of the precious metals market, enabling traders to make informed decisions based on market trends and developments.

Additionally, Jasper's educational resources include a Beginner's Guide, which serves as a foundational resource for individuals new to trading. This guide covers basic concepts such as chart analysis, trading strategies, and risk management techniques, providing beginners with a solid understanding of the fundamentals of trading. Traders can also access information on specific topics such as adjusting the time on trading charts, checking overnight interest rates, and understanding cryptocurrency transactions. These resources aim to address common questions and concerns faced by traders, helping them navigate the complexities of the financial markets with confidence.

Educational Resources

Trading Tools

Jasper provides traders with a suite of trading tools designed to enhance their trading experience and decision-making process. One of the key tools offered is the Economic Calendar, which provides traders with access to real-time updates on economic events and indicators from around the world. The Economic Calendar allows traders to stay informed about important economic releases such as GDP figures, employment reports, inflation data, and central bank meetings. By keeping track of these events, traders can anticipate market volatility and identify potential trading opportunities based on the impact of economic news on various asset classes.

Furthermore, the Economic Calendar offered by Jasper enables traders to plan their trading strategies more effectively by scheduling their trades around major economic events. Traders can use the calendar to identify high-impact events that are likely to drive market volatility and adjust their positions accordingly to capitalize on potential price movements. Additionally, the Economic Calendar provides valuable insights into market sentiment and investor expectations, allowing traders to gauge market sentiment and make more informed trading decisions. Overall, the Economic Calendar is a valuable tool for traders looking to stay ahead of the curve and navigate the financial markets with confidence.

Educational Resources

Conclusion

In conclusion, Jasper offers a diverse range of trading products and services, catering to traders with varying preferences and investment strategies. Despite its unregulated status, Jasper maintains transparency and affordability through its fee structure, providing traders with cost-effective trading options. The platform also offers educational resources to empower traders with knowledge and insights. However, the lack of regulatory oversight may pose risks for traders in terms of safety and security. Overall, while Jasper presents opportunities for traders to access the financial markets, caution is advised due to its unregulated nature.

FAQs

Q: Is Jasper a regulated platform?

A: No, Jasper operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: Does Jasper offer leverage for trading?

A: Yes, Jasper offers leverage options for certain trading products, such as London gold, with leverage ratios of up to 100 times.

Q: What trading products and services does Jasper offer?

A: Jasper offers a variety of trading options, including London gold, Gold T + D, Paper gold, and Physical gold trading.

Q: How can I contact Jasper's customer support?

A: You can reach Jasper's customer support team via email at support@jasperfinancialcapital.com.

Q: Does Jasper provide educational resources for traders?

A: Yes, Jasper offers educational resources such as the Gold Institute and a Beginner's Guide to help traders enhance their knowledge and skills.

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MingRuie
more than one year
I switched over because they had a lower commission rate. They haven't blown me away, but they haven't messed anything up either.
I switched over because they had a lower commission rate. They haven't blown me away, but they haven't messed anything up either.
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2024-07-11 09:56
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Jacob Wilson Duke
more than one year
Trading fees are not high, and they offer the best customer service.
Trading fees are not high, and they offer the best customer service.
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2024-06-28 13:53
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