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Score
Hong Kong
Regulated in Hong Kong
Precious Metals Trading (AGN)
MT5 Full License
High Potential Risk
Influence
Add brokers
Comparison
Quantity 173
Exposure
Score
Regulatory Index7.15
Business Index7.85
Risk Management Index0.00
Software Index9.81
License Index7.17
Single Core
1G
40G
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Company Name
金榮中國金融業有限公司
Company Abbreviation
Upway
Platform registered country and region
Hong Kong
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
This is a scam. We demand platform oversight and the return of our principal.
Upway suffers from severe slippage. Stop-loss and take-profit orders set at $2 actually trigger at $6-$7. Customer service communication is extremely poor and does not tolerate any challenge.
On the 10th, I requested a withdrawal of $1,650. Initially, they said it would arrive within one business day. On the 11th, the customer mentioned it could take one to three business days. Then today, the 12th, when I asked customer service again, they said they couldn't confirm the arrival date at this time.
The platform Upway, on April 20, at 7.43 points, liquidated my long-short lock order at the non-existent market price. It had been open for more than an hour, and their spread was 20. Their customer service explained that the investigation was expanded to 354 points at this time. This was simply a serious manipulation of prices and spreads. Which platform has such a big spread, and it has been open for nearly two hours. On April 20, 07:43:17, 4 of my orders were liquidated, two long orders were liquidated at 4759.32, 4765.14, and short orders were liquidated at 4768.68, 4768.65. Moreover, the highest point of the K-line market at 7.43 at this time was only 4765.57, which was not at all the price of 4768.65. This is simply a scam. Very unfair. This resulted in me losing money, and this was one of them. I suffered unfair treatment many times, with a total loss of 4,300 US dollars. I need Upway to compensate me for my principal of 4,300 US dollars.
When the market comes, the system freezes directly and trading halts immediately.
At 5:59:22, my locked positions were simultaneously liquidated. The short position closed at 5369, while the long position closed at 5382—a difference of over 13 points. My $32,000 balance vanished instantly.
The upway platform failed to take profits when the target price was reached, and stopped losses before the stop-loss point was reached, resulting in my financial losses. There has never been a case of a stop-loss order being triggered at 4700 gold in the market. It should have been profitable, but instead, it triggered a stop-loss at a point that has never occurred before. This is a fraudulent platform!
I traded spot silver (XAG) on Upway. On March 30, 2026, at 06:00, my position was forcibly liquidated by the platform at a price of 70.445, resulting in a loss of $386.02. However, the entire candlestick chart clearly shows that the market never reached a price of 70.445 during that period, and the price after the opening was far below this level. I repeatedly requested the platform to provide: 1. A tick-level snapshot of the price at 70.445; 2. The counterparty's transaction record for this forced liquidation. The platform refused to provide any evidence, citing "liquidity and market price deviation," blaming only the market and refusing to acknowledge the abnormal forced liquidation. I have now preserved complete evidence: order screenshots, candlestick charts, and chat logs. I will simultaneously file complaints with the Hong Kong Gold Exchange (HKGX) and the Hong Kong Securities and Futures Commission (SFC) to expose the platform's price manipulation and infringement on investors' interests.
I was hedging my entire position, and they still forced me to liquidate? They're making me pay $120?
Slippage was frequent. The most outrageous time was when I hedged and a $16 difference resulted in my account being wiped out. Another time, there was a 500-point difference in silver prices before the market closed.
Malicious adjustments to margin requirements by the fraudulent platform lead to forced liquidation of my account. The platform is refusing to address my significant losses. tt's absolutely a fraudulent platform. On Monday, within the first half hour of trading, my margin requirement was over 200%. Normally, a margin below 200% would trigger liquidation, but the system didn't force liquidation, it treated it as an actual stop-loss. Monday's gap-down opening caused me huge losses. They treat clients with dual standards.
In April 2026, I downloaded the Upway APP through a fake advertisement on Baidu. The advertisement promoted a "legitimate platform, high returns, and guaranteed profits through two-way trading," enticing me to open an account and deposit funds. After depositing funds, I encountered the following problems: 1. Malicious slippage and platform freezes: The APP would freeze and disconnect during market fluctuations, making it impossible to close positions. The quoted prices at the same time deviated significantly from international gold prices, indicating market manipulation. 2. Inducement to heavily invest and bonus schemes: "Vouchers and bonuses" were used to induce continuous deposits, resulting in a cumulative loss of 26,000 yuan. 3. Unjustified account bans and withdrawal restrictions: After the losses, my account was directly banned, preventing me from logging in or withdrawing funds. The customer service became unreachable and blocked my contact information. 4. Funds flowing to personal accounts: All deposits were transferred to private accounts without bank supervision, suspected of illegally absorbing public deposits.
System severely lagging, significant slippage, backend human intervention, platform can't afford to lose.
UpwayThis Upway platform poses significant risks. It displays discrepancies with international London gold prices and experiences frequent lag issues. It lured me into depositing gold with promises of rewards, resulting in a loss of $2,200. I request regulatory authorities to address this matter.
Trading Instrument: London Silver Trade Size: 0.05 lots Open Price: 76.973 (Buy Order) Take Profit Price: 78.5 Stop Loss Price: 76.6 One minute after market open, the quoted price range was: High 78.485, Low 76.594. However, the platform's actual closing price for my position was 75.489. This price is far below both my preset stop-loss level and the market's quoted low, indicating serious misconduct by the Jinrong Zhongguo platform. The fact that the market's high and low were so close to my take-profit and stop-loss levels suggests potential manipulation of the quoted prices. Furthermore, the pricing at that time showed significant discrepancies compared to other platforms. I formally request your complaint platform to investigate this matter.
Dear Complaint Handling Department, I am submitting this appeal regarding my friend's experience with the fraudulent foreign exchange platform “Golden Glory China,” earnestly requesting your assistance in recovering the defrauded funds of $10,000 USD. The specific circumstances are as follows: Coming from an ordinary family, my friend intended to supplement household income through legitimate forex trading. However, they were misled by Jinrong China's false advertising and participated in London gold trading. The platform engaged in blatant violations: its trading quotes were severely disconnected from actual London gold market conditions. When the London gold low reached 2362.65, the platform's quoted price was a staggering 10.36 points lower than the real market rate; The stop-loss level set at 2350.29—a price never reached in the actual market—was maliciously triggered by the platform to force liquidation. More alarmingly, such “precise stop-loss triggering” was not an isolated incident. Despite repeatedly adjusting stop-loss levels, all orders were forcibly closed at market lows due to platform manipulation, resulting in losses on what should have been profitable trades. Verification confirms that this platform did not route user orders to the genuine London Exchange market. Instead, it appropriated user funds through backend manipulation of quotes and malicious stop-loss triggering—constituting classic financial fraud. To protect our legitimate rights, we hereby formally submit this complaint. We earnestly request relevant authorities to investigate and legally prosecute the fraudulent “Financial China” platform, assisting in recovering the defrauded $10,000 USD.
| JRJR Review Summary | |
| Founded | 2003 |
| Registered Country/Region | Hong Kong |
| Regulation | HKGX |
| Market Instruments | Gold and silver CFDs |
| Demo Account | ✅ |
| Trading Platform | Upway APP, Upway desktop, MT4, MT5 |
| Minimum Deposit | $70 |
| Customer Support | Live chat |
| Tel: (+852) 2385 0868 | |
| Fax: (+852) 23851628 | |
| Email: cs@jrjr.com | |
| Address: 21/F, Nina Tower 2, 8 Yeung Uk Road, Tsuen Wan, N.T., Hong Kong | |
| Regional Restrictions | the United States, Belgium, Canada |
JRJR is a regulated service provider of premier brokerage and financial services, which was founded in Hong Kong in 2003. It offers gold and silver CFDs trading. Besides, residents of the United States, Belgium, or Canada are not allowed.

| Pros | Cons |
| Regulated by HKGX | Limited trading products |
| Demo accounts | Regional restrictions |
| Long operation time | |
| MT4 and MT5 platforms | |
| Low minimum deposit of $70 | |
| Live chat support |
Yes. JRJR is licensed by Hong Kong Gold Exchange to offer services. Its license number is 084. The Hong Kong Gold Exchange (HKGX) is the only physical gold and silver exchange in Hong Kong. HKGX is operates on a membership system and currently consists of 137 exchange members. It currently provides venues, facilities and services for exchange participants to conduct precious metals trading activities.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
![]() | Hong Kong Gold Exchange (HKGX) | Regulated | 金榮中國金融業有限公司 | Type AA License | 084 |

| Tradable Instruments | Supported |
| Gold and silver CFDs | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
JRJR offers Standard Account and VIP (0~8) Premium Account. Standard Account's minimum deposit is $70, while VIP(0~8) Premium Account's is as high as $20,000.

JRJR does not charge commission fees.
Besides, the deposit fee of JRJR customers is borne by the platform. There are two situations in which withdrawal fees will be incurred and the customer needs to bear them personally:
1. If a single withdrawal is less than $50, JRJR will deduct $3 from the withdrawal amount as a withdrawal fee when remitting funds;
2. If the transaction volume after the customer's capital injection is less than 50% of the capital injection amount, JRJR will deduct 6% of the capital injection amount as a withdrawal fee. If the transaction volume is met, ordinary members can withdraw 3 times a day without handling fees, and VIP members can withdraw 5 times a day without handling fees. If the number exceeds the limit, a withdrawal fee of 6% of the withdrawal amount will be charged.

| Trading Platform | Supported | Available Devices | Suitable for |
| Upway APP | ✔ | Mobile | / |
| Upway desktop | ✔ | PC, laptop | / |
| MT4 | ✔ | PC, laptop, tablet, web | Beginners |
| MT5 | ✔ | PC, laptop, tablet, web | Experienced traders |

JRJR accepts payments via credit/debit cards, digital wallet, bank transfer (HKD or USD) and bank wire. However, more detailed info on deposit and withdrawal like fees and processing time is not disclosed.

Our latest investigation exposes severe anomalies at JRJR (金荣中国), where over 150 traders recently reported blocked withdrawals, extreme slippage, and sudden login lockouts. Despite holding a Hong Kong HKGX license, the staggering volume of compromised accounts and inaccessible funds raises a critical red flag for all retail investors.
WikiFX
With a staggering 148 active victim complaints in just three months, 金荣中国 is accused of systemic slippage, erased account balances, and prolonged withdrawal blockades. Extensive evidence of malicious account freezing and platform disconnects marks this broker as an extreme high-risk trap for everyday traders.
WikiFX
With a staggering 148 active victim complaints in just three months, 金荣中国 is accused of systemic slippage, erased account balances, and prolonged withdrawal blockades. Extensive evidence of malicious account freezing and platform disconnects marks this broker as an extreme high-risk trap for everyday traders.
WikiFX
金荣中国 (JRJR) is currently regulated by the Hong Kong Gold Exchange, but recent market data reveals critical safety concerns with 147 severe user complaints recorded in just three months. While it has operated since 2017, widespread reports of blocked withdrawals, unusual price slippage, and persistent application login failures make this a high-risk platform for global investors.
WikiFX
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