Score
JRJR
Hong Kong|2-5 years| https://www.jrjr.hk/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Hong Kong
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed JRJR also viewed..
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Website
jrjr.hk
Server Location
Hong Kong
Website Domain Name
jrjr.hk
Server IP
8.210.48.49
Company Summary
| JRJRReview Summary | |
| Registered Country/Region | Hong Kong |
| Regulation | No regulation |
| Market Instruments | Gold and silver CFDs, physical gold |
| Trading Platform | MT4, MT5, JRJR App |
| Demo account | ✔ |
| Account Type | Standard account, Demo account |
| Min Deposit | $70 |
| Customer Support | Phone: +852 2385 0868 |
| Email: cs@jrjr.com | |
| Physical Address: 21/F, Nina Tower 2, 8 Yeung Uk Road, Tsuen Wan, N.T., Hong Kong | |
JRJR Information
JRJR, founded in Hong Kong, is a financial trading platform specializing in precious metals, particularly in spot gold trading. It provides 2 types of accounts and 3 types of trading platforms. But it is unregulated.
Pros and Cons
| Pros | Cons |
| 14-year brand history | Unregulated |
| 3 types of trading platform available | Limited asset diversity |
| Low commissions & fees |
Is JRJR Legit?
It is clear that JRJR is currently unregulated.
What Can I Trade on JRJR?
JRJR offers traders the opportunity to trade gold and silver CFDs, physical gold.
Account Types
JRJR offers 2 different types of accounts to traders - Standard Account and Premium Account.
Standard Account: Suitable for regular clients, with preferential rates and spreads.
Premium Account: Suitable for clients with larger funds or institutional investors, with greater discounts and spreads.
Requirement: A standard account can be upgraded to a Premium account with a single deposit of USD 20,000. If the Premium account fails to meet the required trading volume for 90 days, it will be downgraded to a standard account.
JRJR Fees
JRJR charges no commissions. But it charges 1.25% swaps for buying and 0.75% swaps for selling. Spot gold's spreads is $20/lot, and Spot silver's spreads is $100/lot.
| Produce type | Spot gold XAU/USD | Spot silver XAU/USD |
| Spreads | $20/lot | $100/lot |
| Transaction margin | $1000/lot | $650/lot |
| Swap | Buy: 1.25% (annual interest rate)Sell: 0.75% (annual interest rate)Both buying and selling require payments | Buy: 1.25% (annual interest rate)Sell: 0.75% (annual interest rate)Both buying and selling require payments |
| Commissions | $0 | $0 |
Trading Platform
JRJR's trading platform are MT4, MT5 and a JRJR app, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Mobile | Beginner |
| MT5 | ✔ | Web, Mobile | Proficient |
| JRJR App | ✔ | Web, Mobile |
Deposit & Withdrawal
JRJR offers 3 deposit methods - RMB online payment, digital wallet payment, bank transfer.
JRJR offers 2 withdrawal methods - Cryptocurrencies, domestic or Hong Kong/oversea region bank cards.
| Criteria | General Members | VIP Members | Notes |
| Deposit Fees | None | None | Hassle-free deposits with no associated fees |
| Withdrawal Amount Below 50 | $3 fee | $3 fee | Fixed fee for withdrawals below $50 |
| Unmet 50% Trading Volume | 6% fee | 6% fee | Fee is based on deposited amount if 50% trading volume not met |
| Free Withdrawals Per Day | Up to 3 | Up to 5 | Fee-exempted withdrawals |
| Additional Withdrawals | 6% fee | 6% fee | Fee incurred for withdrawals exceeding daily limit |
| Processing Time for Withdrawal | 1 business day | 1 business day | After identity checks and verifications |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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