JIAXING Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-15 18:26

Abstract：Jiaxing International Ltd is an online trading broker. Although JIAXING INTERNATIONAL LTD makes the claim that they are registered with the NFA, this is NOT TRUE. They claim that they were established in 2016, but their website shows that the copyright expires in 2021.

　　Note: JIAXING's official website: https://jiaxinguk.com is currently inaccessible normally.

JIAXINGReview Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Currency pairs, commodities and cryptos
Demo Account	❌
Leverage	Up to 1:100
EUR/USD Spread	/
Trading Platform	MT5
Min Deposit	/
Customer Support	Email: support@jiaxinguk.com
Customer Support	Address: London-Central London SW8 2LF, UK

　　Jiaxing International Ltd is an online trading broker. Although JIAXING INTERNATIONAL LTD makes the claim that they are registered with the NFA, this is NOT TRUE. They claim that they were established in 2016, but their website shows that the copyright expires in 2021.

Pros and Cons

Pros	Cons
Many years' experience in the industry	Not regulated
Various trading markets	Inaccessible website
MT5 supported	No MT4
	Limited info on trading conditions

Is JIAXING Legit?

　　No, JIAXING is not regulated and their website is not available. Please be aware of the risk!

What Can I Trade on JIAXING?

　　JIAXING offers financial instruments including forex currency pairs, commodities and cryptos.

Tradable Instruments	Supported
Forex currency pairs	✔
Commodities	✔
Cryptos	✔
Indices	❌
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

　　JIAXING claims that it offers the leverage of up to 1:100 for traders. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

　　JIAXING offers its clients the industry-leading MetaTrader5 (MT5). However, JIAXING doesn‘t offer free demo accounts, so we can’t test the platform.