Jones Mutual

Note: Jones Mutual's official website - https://www.jonesmutual.com/#/ is currently inaccessible normally.

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, and potential risks cannot be ignored.

Pros and Cons

Is Jones Mutual Legit?

No, Jones Mutual is not regulated by the financial services regulatory authority in Estonia, which means that the company lacks regulation from its registration site. Besides, it was disclosed by The Financial Supervision Authority to be unauthorized. Please note the potential risks!

What Can I Trade on Jones Mutual?

Jones Mutual provides different types of products, including currency pairs, stocks, indices, precious metals, and commodities.

Leverage

The leverage can be up to 1:100. Traders need to consider carefully, because high leverage is likely to bring high potential risks.

Spread

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

Trading Platform

Jones Mutual uses a web-based trading platform, and it does not support MT4 or MT5.

Deposit and Withdrawal

Jones Mutual accepts several types of payment options, including VISA, MasterCard, and bank wire. Besides, it charges certain amounts of fees.