Score
5-10 yearsRegulated in Hong Kong
Type AA License
MT5 Full License
High potential risk
Influence
Add brokers
Comparison
Quantity 162
Exposure
Score
Regulatory Index7.15
Business Index7.79
Risk Management Index0.00
Software Index9.81
License Index7.17
Single Core
1G
40G
More
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
When the market comes, the system freezes directly and trading halts immediately.
Loss fraud, no way to complain. Fellow traders, withdraw all your funds immediately and stop dealing with these garbage platforms.
Silver reached a high of 53.24, but they liquidated my position at 53.34 and claimed it was normal. If this is considered normal, the spread for one lot of silver could easily be thousands of dollars.
This is a typical scam platform that lures investors in, and there is absolutely no such thing as a deposit reward. The backend manipulates data, has severe slippage, and maliciously closes investors' accounts. I hope everyone stops investing! At the same time, I kindly request the official authorities to help recover my scammed funds. Thank you!
Jinrong China's rubbish platform, does not solve problems, directly disables the account.
Upway is a scam platform with staff monitoring trades in the background who intentionally skim profits as soon as orders are placed.
This is a scam platform. They won't allow withdrawals, and directly zero out your funds. The slippage is severe. Despite contacting them multiple times, they do not resolve the issue, and the funds are still zeroed.
I entered with a heavy position. The phone screen recording showed continuous profits, but I couldn't close the position. On the third attempt to close, the platform executed it at a price that never appeared in the market—MT5 quotes confirmed no such price existed at that time. This turned my profits into losses. When I requested the trade code, the platform outright refused and then banned my account, blocking my access. They destroyed all evidence, but I always record my trades, so I have complete proof. I hope the platform can assist in defending my rights! Thank you!
The Golden China platform is trash, they don't solve problems and directly disable accounts.
Yesterday's highest closing price for silver was 53.24. He was there, 53.34 liquidated my position and told me this was normal, could move the point to 53.5.
I have a principal of 3429. This morning, while other platforms didn't drop to the 3432 position, Finance China went straight down to 3424, a full slippage of 8 points. My stop loss was also at 3429, it's just infuriating. Don't play with this platform, its liquidity is bad, I'm truly infuriated.
This platform is fraudulent and engages in manipulative practices. Their quotes do not reflect the real market prices and are arbitrarily altered. I didn't pay much attention before, but on November 6th, at 7:00 AM at market open, I noticed something was wrong. Their platform suddenly showed extreme volatility, with the price spiking to a high of 3985.51. The manipulation on London Silver was even more outrageous – at the open on November 6th, it spiked to an absurd high of 48.595 within a minute. My positions were all sell orders, which should have been highly profitable that morning. However, their fake price data directly triggered my stop-loss orders. It was on this day that I finally realized they are a scam platform.
System severely lagging, significant slippage, backend human intervention, platform can't afford to lose.
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.
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.
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.
Despite holding a recognized license in Hong Kong and maintaining a seemingly high score on some metrics due to its establishment year, the broker JRJR (金荣中国) has become the subject of an alarming volume of trader complaints. In the last three months alone, WikiFX has received over 141 individual complaints. The core risk isn't just market volatility—it is a systematic pattern of behavior that suggests trading conditions may be manipulated to ensure client losses, coupled with a refusal to process withdrawals for profitable accounts.
WikiFX
Upway Scam Alert: Broker faces backlash for backend manipulation, severe slippage, and withdrawal blocks. Real trader exposures uncovered.
WikiFXMore
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2025-12-20 13:02
2025-12-20 02:54
