JS GLOBAL

JS Global was registered in 2012 in Pakistan. On JS Global, customers can trade equity, fixed income and forex, and commodities. Web and mobile platforms are available, and there are multiple channels for customer support. However, JS Global is not regulated, and potential risks exist.

Pros and Cons

Is JS Global Legit?

JS Global is not regulated by the financial services regulatory authority in Pakistan, which means that the company lacks regulation from its registration site. Moreover, the current status shows that activities like transferring and updating are prohibited.

What Can I Trade on JS Global?

Account Type

JS Global offers 3 types of accounts: Premium Account, Basic Account, Sahulat Account. It does not mention whether a demo account is available or not.

Trading Platform

JS Global supports web trading and it also offers a trading APP called “JS InvestPro”.

Deposit and Withdrawal

The Client is required to provide an initial deposit of Rs. 1,000. This deposit can be made through a crossed cheque, relevant banking instrument, or banking channel.

Alternatively, eligible securities worth Rs. 1,000 (after haircut) can be provided as collateral.

JS Global offers the convenience of directly depositing cheques/banking instruments issued from investors' own bank account into JS Global's bank account through the nationwide network of JS Bank branches. Investors can initiate a payment request using investorsr trading terminal or send an email or letter to JS Global requesting payment against investorsr account's credit balance.

Similarly, for share transfers, investors can write an email or letter to JS Global, and investors' shares will be transferred according to the CDC regulatory framework based on investors' instructions.

Users should note that while JS Global ensures flexibility in deposits, withdrawal of funds might be subject to commissions from the payment system. These commissions can change without prior notice as determined by the respective payment systems.