Score

1.58 /10
Danger

JS

Hong Kong

5-10 years

Suspicious Regulatory License

High potential risk

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.54

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

晋商期货有限公司

Company Abbreviation

JS

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

JS · Company summary

Note:JS's official website:http://www.jsfutures.hk/ is currently inaccessible normally.

AspectInformation
Company NameJS
Registered Country/AreaHong Kong
Founded Year1995
RegulationUnregulated
Customer SupportEmail:trade@jsfutures.hk,Phone:852 2815 3366

JS Information

JS is a regulated futures trading company founded in 1995 and registered in Hong Kong. The company specializes in futures and provides customer support through email at trade@jsfutures.hk and phone at 852 2815 3366.

JS Information

Is JS Legit or a Scam?

Based in Hong Kong, JS is an unbridled futures trading corporation running free from local regulatory control. Customers should be informed of the possible hazards connected to trading with an unregistered company.

Is JS Legit or a Scam?

Downsides of JS

Based in Hong Kong, JS is an unbridled futures trading corporation running free from local regulatory control. Customers should be informed of the possible dangers connected to business with an unregistered company, comprising:

Money Frozen: Lack of legislative control increases the possibility of money freezing with few choices for rehabilitation.

Unregulated: Unregulated businesses do not provide the same degree of investor protection, therefore raising the loss risk.

Restricted Recourse: Should conflicts or fraud arise, clients have less legal paths to seek reimbursement.

Negative JS Reviews on WikiFX

On WikiFX, “Exposure” is listed as user-generated word of mouth.

Before trading on uncontrolled platforms, traders are advised to check material and evaluate dangers. For related specifics, kindly review our platform.

There were three overall pieces of exposure as of yet. I'll mention two of them.

Exposure.1 Fraudulent broker

ClassificationFraud
DateJanuary 26th, 2024
Post CountrySouth Africa

After investing $500 into a fresh account only to see delayed trade execution, frequent high slippages, and finally discover the broker was fraudulent, a client claimed being defrauded by this broker.You could visit:

https://www.wikifx.com/en/comments/detail/Co202401264921750388.html

Negative JS Reviews on WikiFX

Exposure.2 Frozen Funds

ClassificationFrozen Funds
DateJanuary 8th,2024
Post CountryCyprus

A client said they had not been able to withdraw funds for two weeks, and the broker had not communicated, been clear, or given a deadline while reviewing the account. You can go to:

https://www.wikifx.com/en/comments/detail/Co202401084951631241.html

Negative JS Reviews on WikiFX

Conclusion

JS is an unregulated futures trading business that puts its clients at great risk.In there, assets could be frozen, and there aren't many legal options in case of fraud. For a safer dealing experience, people should pick registered brokers who are open and look out for the best interests of investors.

User Reviews

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User comment

3

Comments

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FX1606422297
more than one year
Cheated by this broker two months ago, I listened to their sweet words, and depsoit $500 into my newly registered account, however, they delayed to execute my trades, high slippages happened all the time, and I know that they are fraudulents. stay away from them.
Cheated by this broker two months ago, I listened to their sweet words, and depsoit $500 into my newly registered account, however, they delayed to execute my trades, high slippages happened all the time, and I know that they are fraudulents. stay away from them.
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2024-01-26 18:30
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Genter83794
more than one year
I've been unable to withdraw my funds for two weeks now. They're reviewing my account, but haven't provided a deadline. Due to restrictions, I can't access my money at all. There's been no communication or transparency about the situation. Overall, the service is non-existent. They haven't given any information or allowed me to withdraw my funds.
I've been unable to withdraw my funds for two weeks now. They're reviewing my account, but haven't provided a deadline. Due to restrictions, I can't access my money at all. There's been no communication or transparency about the situation. Overall, the service is non-existent. They haven't given any information or allowed me to withdraw my funds.
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2024-01-08 10:57
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