Jones Mutual

Basic Information & Regulation

Janes Mutual is a CFD broker, owned and operated by Greenriver OU, with its registered office in Tallinn, Eisenia. Janes Mutual is not currently regulated in any way.

Safety Analysis of Janes Mutual

Janes Mutual is currently an unregulated broker, which means that investors' funds and trading experience on the Janes Mutual platform are not protected in any way. Therefore, investors should choose brokers that are regulated by the FCA in the UK and CySEC in Cyprus.

Market Instruments of Janes Mutual

Janes Mutual offers investors a range of popular CFD products, mainly Forex currency pairs, stocks, indices, precious metals, and commodities. Investors are then unable to trade cryptocurrency CFDs on the Janes Mutual platform.

Spreads & Commissions

The EURUSD spread in Janes Mutual demo account is 3 pips, which is twice the industry average, which means higher trading costs for investors.

Trading Platform Available

Janes Mutual offers traders an online trading platform only, not the most popular MT4 and MT5 trading platforms available today.

Deposit and withdrawal of Janes Mutual

Janes Mutual only supports traders to deposit and withdraw funds to their investor accounts via VISA, MasterCard, Maestro, McAfee. Popular payment methods such as Skrill, PayPal are not supported. Traders who withdraw funds by credit card pay a 3.5% fee, and those who withdraw up to $100 via wire transfer pay a $20 fee.

Pros & Cons of Janes Mutual

The main advantages of Janes Mutual are:

1. A wide range of CFDs

The main disadvantages of Janes Mutual are:

1. No regulation

2. High spreads & transaction costs

3. No MT4 trading platform

4. Limited deposit and withdrawal options & high withdrawal fees

5. No account & leverage information provided