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JUNCHENG TRADE -

Score

1.43 /10
Danger

JUNCHENG TRADE

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://www.junctrade.com

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.41

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

JUNCHENG TRADE LIMITED

Company Abbreviation

JUNCHENG TRADE

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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JUNCHENG TRADE · Company summary
JUNCHENG TRADEReview Summary
Founded2019
Registered Country/RegionHong Kong
RegulationNot regulated
Market InstrumentsForex, commodities, indices and CFDs
Demo Account✅
LeverageUp to 1:100
Spread/
Trading PlatformMT4
Min Deposit$0
Customer SupportTel: +86 400 0994 139, +86 0371-86171429
Email: jccs@junctrade.com
Address: LAT/RM B,5/F GAYLORD COMMERCIAL BUILDING 114-118 LOCKHART ROAD, HONG KONG

Founded in 2019, JUNCHENG TRADE is an unregulated broker registered in Hong Kong, offering trading in Forex, commodities, indices and CFDs with leverage up to 1:100 through the leading MT4 platform. Demo accounts are available and there is no minimum deposit requirement.

JUNCHENG TRADE's homepage

Pros and Cons

Pros Cons
Various trading assetsNot regulated
Demo accounts offeredUnknown deposit/withdrawal methods
No commissions
Popular trading platform MT4
No minimum deposit

Is JUNCHENG TRADE Legit?

No, JUNCHENG TRADE operates without regulation. Traders should be cautious because JUNCHENG TRADE is not supervised by any financial authorities.

No license

What Can I Trade on JUNCHENG TRADE?

Tradable Instruments Supported
Forex✔
Commodities ✔
Indices ✔
CFDs✔
Metals ❌
Options ❌
ETFs❌

Leverage

The leverage of JUNCHENG TRADE is up to 1:100. Though the leverage is not high, traders should be calm because high leverage always comes with high returns and losses.

Spread and Commission

JUNCHENG TRADE's spreads are low. And it charges no commissions.

Spread and Commission

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Mobile, PC, IOSBeginners
MT5❌/Experienced traders
MT4

User Reviews

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User comment

4

Comments

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MingRuie
more than one year
My friend Jimmy told me that this broker is great,and I was all set to sign up, but then I see they don't accept Singapore residents. Very upset...
My friend Jimmy told me that this broker is great,and I was all set to sign up, but then I see they don't accept Singapore residents. Very upset...
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2024-07-11 10:02
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军@临天下
more than one year
Starting out with them was the right choice! Their educational resources are fantastic, helping me understand complex trading concepts in simple terms. The availability of customized one-on-one training has also greatly accelerated my learning curve.
Starting out with them was the right choice! Their educational resources are fantastic, helping me understand complex trading concepts in simple terms. The availability of customized one-on-one training has also greatly accelerated my learning curve.
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2024-06-27 15:18
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