Score

1.99 /10
Danger

JCAM

United Kingdom

10-15 years

Suspicious Regulatory License

United Kingdom Investment Advisory License Unsubscribed

Suspicious Overrun

High potential risk

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Exposure

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Score

Regulatory Index0.00

Business Index8.26

Risk Management Index0.00

Software Index6.13

License Index0.00

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Licenses

VPS Standard
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Single Core

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

JCAM · Company summary

Note:JCAM's official website:http://www.jcamtrade.com/ is currently inaccessible normally.

AspectInformation
Company NameJCAM
Registered Country/AreaHong Kong
Founded Year1997
RegulationFCA(Unsubscribed)
Trading PlatformMT4/5
Customer SupportPhone: 4008558729, Email:cs@jcamforex.com

JCAM Information

Established in 1997 and headquartered in Hong Kong, JCAM runs under the FCA although it is marked as unsubscribed. The business offers customer service by phone at 40085587 and email at CS@jcamforex.com in addition to trading via MT4/5 systems.

JCAM Information

Is JCAM Legit or a Scam?

Is JCAM Legit or a Scam?
Financial Conduct Authority(FCA)
Current StatusUnsubscribed
Regulated byFCA
License TypeInvestment Advisory License
License No.586545
Licensed InstitutionJCAM Investments Ltd

Downsides of JCAM

  1. Unsubscribed Regulatory: JCAM claims FCA control, but it is unsubscribed, casting questions on its compliance and investor protection even if this reflects regulatory problem.
  2. Transparent Problem: The company's regulatory challenges results in low transparency in its activities.Also it takes fraud risk to users.

Conclusion

Trading with JCAM is generally considered to be dangerous. People are going to suffer losses as a result of its contentious legal position.We strongly suggest that you make use of brokers who are completely regulated and honest about their conduct, as this will assist you in having a more secure trading environment.

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