Score
DJM
Pakistan|5-10 years| http://djmtrade.com/
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
Pakistan
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed DJM also viewed..
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Website
djmtrade.com
Server Location
United States
Website Domain Name
djmtrade.com
Server IP
100.42.49.242
Company Summary
| DJM Review Summary | |
| Founded | 2008 |
| Registered Country/Region | Pakistan |
| Regulation | Unregulated |
| Market Instruments | 213 kinds of trading instruments |
| Demo Account | ❌ |
| Trading Platform | KiTS |
| Min Deposit | 0 |
| Customer Support | Email: info@djmtrade.com |
| Phone: +92 21 32472030-35 | |
| Physical address: Head Office: Suit # 203, 2nd Floor, Business & Finance Center, I.I Chundrigar Road. Opp. State Bank, KarachiBranch Address: Room # 431, 4th Floor, Pakistan Stock Exchange Building, Stock Exchange Road Tower Karachi | |
DJM is a financial company founded in 2008 in the United States. It provides 217 kinds of specialized financial services to both the institutional and private sectors in the areas of equity and futures markets, with no minimum deposit required. However, the company lacks any legal regulation.
Pros and Cons
| Pros | Cons |
| No minimum deposit | Lack of detailed information on fees |
| Long history of operation | Lack of legal regulation |
| Multiple trading choice |
Is DJM Legit?
DJM lacks legal regulation from any financial institution, which poses a high risk for your assets if you engage in transactions with it. In addition, the domain of this company was registered on January 31, 2008, was updated on February 1, 2024, and will expire on January 31, 2025.
What can I trade on DJM?
DJM only mentioned that it provides 213 kinds of trading instruments, but details concerning the asset classes are not disclosed.
Account Type
DJM offers corporate accounts and individual accounts.
Corporate accounts: its Corporate Accounts are designed to facilitate the management of corporate financial strategies and investments.
Individual Accounts: these accounts are tailored for private investors, providing the means to trade in both local and international markets.
Trading platform
DJM offers the KiTS Online Trading platform, which is known as the Karachi Internet Trading System. This is an advanced online trading platform provided by the Pakistan Stock Exchange. However, since this broker lacks legal regulation, it remains unknown whether it has obtained legal permission from KiTS.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
| cTrader | ❌ | / | Experienced traders |
| KiTS | ✔ | Computer and phone | / |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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