Score

6.79 /10
Average

Upway

Hong Kong

5-10 years

Regulated in Hong Kong

Precious Metals Trading (AGN)

MT5 Full License

High Potential Risk

B

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Comparison

Quantity 173

Exposure

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Website

Score

Regulatory Index7.15

Business Index7.85

Risk Management Index0.00

Software Index9.81

License Index7.17

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
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Licenses

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

Single Core

1G

40G

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Broker Information

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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

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Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts
Previous Detection : 2026-05-07
  • WikiFX has recorded a total of 153 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Pyramid scheme complaint
Expose
Others

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.

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!

2026-04-23 06:40
Others

The platform Upway forced liquidation of my account at a price of 70.445, which did not exist in the market, and refused to provide any evidence!

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.

2026-03-30 13:49
Others

Malicious adjustments to margin requirements by the fraudulent platform lead to forced liquidation of my account.

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.

2026-05-02 12:39
Scam

Upway (a Chinese online gambling platform) lured users to deposit money via Baidu ads, then maliciously caused slippage and account freezes, resulting in a loss of 26,000 RMB before the account was banned and withdrawals refused. The platform also allegedly manipulated market data.

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.

2026-05-04 16:42
Severe Slippage

Malicious Slippage Exceeding 5,000 Pips and Unfair Trading Practices

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.

2026-02-18 22:15
Others

Over $10,000 failed to reach the trading platform; the fake platform manipulated candlestick charts to steal funds.

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.

2025-12-03 20:34
    Upway · Company summary
    JRJR Review Summary
    Founded2003
    Registered Country/RegionHong Kong
    RegulationHKGX
    Market InstrumentsGold and silver CFDs
    Demo Account
    Trading PlatformUpway APP, Upway desktop, MT4, MT5
    Minimum Deposit$70
    Customer SupportLive 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 Restrictionsthe United States, Belgium, Canada

    JRJR Information

    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.

    JRJR Information

    Pros and Cons

    Pros Cons
    Regulated by HKGXLimited trading products
    Demo accountsRegional restrictions
    Long operation time
    MT4 and MT5 platforms
    Low minimum deposit of $70
    Live chat support

    Is JRJR Legit?

    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 CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
    Hong Kong Gold Exchange (HKGX)Regulated金榮中國金融業有限公司Type AA License084
    license

    What Can I Trade on JRJR?

    Tradable InstrumentsSupported
    Gold and silver CFDs
    Forex
    Commodities
    Indices
    Stocks
    Cryptos
    Bonds
    Options
    ETFs

    Account Type

    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.

    Account Type

    JRJR Fees

    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.

    JRJR Fees

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    Upway APPMobile/
    Upway desktopPC, laptop/
    MT4PC, laptop, tablet, webBeginners
    MT5PC, laptop, tablet, webExperienced traders
    Trading Platform

    Deposit and Withdrawal

    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.

    Deposit and Withdrawal

    News

    ExposureJRJR (金荣中国) Review: A Deep Dive into Compromised Accounts and Missing Funds

    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
    2026-04-24 11:30
    JRJR (金荣中国) Review: A Deep Dive into Compromised Accounts and Missing Funds

    Exposure金荣中国 Review: Erased Funds, Engineered Slippage, and System Blackouts Exposed

    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
    2026-04-08 17:44
    金荣中国 Review: Erased Funds, Engineered Slippage, and System Blackouts Exposed

    Exposure金荣中国 Review: Erased Funds, Engineered Slippage, and System Blackouts Exposed

    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
    2026-04-08 12:33
    金荣中国 Review: Erased Funds, Engineered Slippage, and System Blackouts Exposed

    ExposureJRJR Review: Safety, Regulation & Forex Trading Details

    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
    2026-03-09 16:50
    JRJR Review: Safety, Regulation & Forex Trading Details

    User Reviews

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    User comment

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    FX4137559356
    0-3months
    黑平台恶意调整保证金比例导致账户被强平爆仓一次.损失巨大平台不给处理.绝对的黑平台.周一开盘后半小时内保证金比例要大于200%,正常小于200%要被强平,但系统没有给你强平,按实际止损来处理,周一跳空低开导致我损失巨大。双从标准对待客户。
    黑平台恶意调整保证金比例导致账户被强平爆仓一次.损失巨大平台不给处理.绝对的黑平台.周一开盘后半小时内保证金比例要大于200%,正常小于200%要被强平,但系统没有给你强平,按实际止损来处理,周一跳空低开导致我损失巨大。双从标准对待客户。
    Translate to English
    2026-05-02 12:39
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    FX3357350401
    0-3months
    Upway 金荣中国到了止盈点不止盈,没到止损点就止损,导致亏损金钱。市场上从来没有出现过4700黄金就止损,应该是盈利的却在没出现过的止损点止损,黑平台!
    Upway 金荣中国到了止盈点不止盈,没到止损点就止损,导致亏损金钱。市场上从来没有出现过4700黄金就止损,应该是盈利的却在没出现过的止损点止损,黑平台!
    Translate to English
    2026-04-23 06:40
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