Score

1.45 /10
Danger

ZJGJ

Suspicious Regulatory License

Suspicious Overrun

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.54

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

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! 3
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: FSP26521) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
ZJGJ · Company summary

Note: ZJGJs official site - http://www.gjzjgj.com/en is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

ZJGJ Review Summary in 4 Points
Founded 2-5 years
Registered Country/Region China
Regulation Suspicious FSPR clone
Customer Support None

What is ZJGJ?

ZJGJ

ZJGJ is an internet-based trading platform alleged to have its roots in China, which provides its clientele online trading services. However, it is critical to point out that the ZJGJ website is currently unreachable, creating obstacles in verifying the broker's regulatory compliance and authenticity. Compounding these issues, the FSPR license claimed by ZJGJ is suspected to be fake clone, further heightening concerns regarding its credibility.

In our forthcoming article, we will conduct an extensive analysis of ZJGJ, providing a comprehensive and well-structured overview from multiple viewpoints. If these subjects pique your interest, we encourage you to continue reading. At the end of our analysis, we will offer a concise summary of the key highlights, providing you with a quick snapshot of the broker's defining attributes.

Pros & Cons

Pros Cons
N/A • Lack of transparency
• Website inaccessible
• No customer support channels
• Reported fraud issue

ZJGJ presents a concerning picture as the list of pros appears to be notably empty, lacking any discernible advantages.

However, several cons warrant attention. Primarily, the absence of regulation raises significant apprehensions about the platform's adherence to industry standards and the safety of traders' investments. The lack of transparency and an inaccessible website further compound these concerns, hindering potential investors from conducting thorough due diligence. Additionally, the absence of any visible customer support channels and a reported fraud issue accentuates the challenges associated with relying on ZJGJ for a secure and trustworthy trading experience.

Is ZJGJ Safe or Scam?

When considering the safety of a brokerage like ZJGJ or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: ZJGJ's possession of a dubious clone FSPR (Financial Service Providers Register) license, numbered FSP26521, raises significant security concerns for potential traders.

Moreover, the absence of the broker's official website further amplifies suspicions about the continuity of its operations, intensifying the associated risks of engaging with this platform for investment purposes.

suspicious clone FSPR license
  • User feedback: A report on WikiFX regarding fraud acts as a significant warning sign. It is crucial for individuals to conduct comprehensive investigations and due diligence before considering engagement with any broker or investment platform to prevent making regrettable decisions.

  • Security measures: Currently no publicly available information regarding the security measures implemented by this broker.

Ultimately, the decision to partake in trading with ZJGJ rests on personal discretion, demanding a careful evaluation of the pros and cons before reaching a conclusion.

User Exposure on WikiFX

The existence of one report on WikiFX highlighting potential fraud should be regarded as a critical warning sign. We strongly advise all traders to conduct thorough investigations and meticulously analyze all available information before participating in any actual trades.

Our platform remains dedicated to serving as a comprehensive tool that assists traders in making well-informed decisions. If you have experienced financial fraud or encountered similar issues, we encourage you to share your experiences in our 'Exposure' section. Your input is highly valuable. Rest assured that our dedicated team is steadfast in addressing such challenges and continually strives to offer effective solutions for such complex situations.

User Exposure on WikiFX

Customer Service

ZJGJ's lack of any customer support channels poses a significant concern for traders seeking assistance or resolution of issues. With no apparent avenues for direct communication or support, traders may face challenges in receiving timely guidance or resolving any potential concerns or queries.

The absence of customer support channels could potentially impede the overall trading experience and undermine the platform's reliability and responsiveness.

Conclusion

ZJGJ, an online trading platform originating from China, touts its international financial services. However, a comprehensive assessment reveals troubling attributes. The lack of regulation implies a disregard for established financial standards, potentially exposing traders to risks without industry oversight. Ongoing website accessibility issues and no customer support channels raise concerns about the platform's professionalism and accountability, affecting the user experience. Furthermore, a report of fraud on WikiFX heightens associated risks.

To ensure transparency, regulatory compliance, and dependable customer support, potential users are encouraged to exercise caution and consider regulated brokers as alternative options.

Frequently Asked Questions (FAQs)

Q 1: Is ZJGJ regulated?
A 1: No. It has been verified that this broker currently under suspicious FSPR clone status.
Q 2: Is ZJGJ a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and a report regarding fraud.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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