Score

6.78 /10
Average

Upway

Hong Kong

5-10 years

Regulated in Hong Kong

Type AA License

MT5 Full License

High potential risk

B

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Comparison

Quantity 160

Exposure

Open Account
Website

Score

Regulatory Index7.15

Business Index7.78

Risk Management Index0.00

Software Index9.81

License Index7.17

The WikiFX Score of this broker is reduced because of too many complaints!
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

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

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts
Previous Detection : 2025-12-05
  • WikiFX has received a total of 140 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Verification

Pyramid scheme complaint
Expose
Severe Slippage

Slippage is extremely severe on Finance China, this time it slipped to a spread of 8 points.

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.

2025-06-16 12:11
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

    ExposureUpway Broker Scam: Trade Manipulation Exposed!

    Upway Scam Alert: Broker faces backlash for backend manipulation, severe slippage, and withdrawal blocks. Real trader exposures uncovered.

    WikiFX
    2025-12-03 22:00
    Upway Broker Scam: Trade Manipulation Exposed!

    User Reviews

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    User comment

    38

    Comments

    Write a review

    FX5294348332
    0-3months
    尊敬的申诉受理部门: 您好!本人就朋友遭遇“金荣中国”虚假外汇平台诈骗一事提交申诉,恳请协助追回被骗资金1万美金,具体情况如下: 家境普通,本意是通过合规外汇交易补贴家用,却误信“金荣中国”平台的虚假宣传,参与伦敦金交易。该平台存在明显违规操作:交易报价与伦敦金真实行情严重脱节,当伦敦金最低点为2362.65时,平台报价竟比真实行情低10.36个点;设置的止损线为2350.29,该价位在真实市场中从未触及,却被平台恶意触发强平。更令人质疑的是,此类“精准扫损”并非个例,多次调整止损幅度,仍被平台在市场最低点强制平仓,所有本应盈利的订单均因平台操控而亏损。 经核实,该平台未将用户订单对接至伦敦交易所真实交易市场,而是通过后台人为操控报价、恶意触发止损的方式侵占用户资金,已构成典型的金融诈骗。为维护自身合法权益,现正式提交申诉,恳请相关部门介入调查,依法查处“金融中国”黑平台,协助追回被骗的1万美金。
    尊敬的申诉受理部门: 您好!本人就朋友遭遇“金荣中国”虚假外汇平台诈骗一事提交申诉,恳请协助追回被骗资金1万美金,具体情况如下: 家境普通,本意是通过合规外汇交易补贴家用,却误信“金荣中国”平台的虚假宣传,参与伦敦金交易。该平台存在明显违规操作:交易报价与伦敦金真实行情严重脱节,当伦敦金最低点为2362.65时,平台报价竟比真实行情低10.36个点;设置的止损线为2350.29,该价位在真实市场中从未触及,却被平台恶意触发强平。更令人质疑的是,此类“精准扫损”并非个例,多次调整止损幅度,仍被平台在市场最低点强制平仓,所有本应盈利的订单均因平台操控而亏损。 经核实,该平台未将用户订单对接至伦敦交易所真实交易市场,而是通过后台人为操控报价、恶意触发止损的方式侵占用户资金,已构成典型的金融诈骗。为维护自身合法权益,现正式提交申诉,恳请相关部门介入调查,依法查处“金融中国”黑平台,协助追回被骗的1万美金。
    Translate to English
    2025-12-03 20:34
    Reply
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    FX9842944302
    more than one year
    这家平台是黑平台违规操作,不按市场价格开走,随意更改价格,之前没注意,就11.6号早上七点开盘感觉不对劲,他家平台上下突然上下扫盘,最高3985.51,伦敦银更离谱11月六号早上七点开盘上下扫盘一分最高点在48.595,我的仓位本来买得都是卖盘,上午可以盈利一倍多的,他的假数据直接把我扫损,这一天我才发现他们是黑平台
    这家平台是黑平台违规操作,不按市场价格开走,随意更改价格,之前没注意,就11.6号早上七点开盘感觉不对劲,他家平台上下突然上下扫盘,最高3985.51,伦敦银更离谱11月六号早上七点开盘上下扫盘一分最高点在48.595,我的仓位本来买得都是卖盘,上午可以盈利一倍多的,他的假数据直接把我扫损,这一天我才发现他们是黑平台
    Translate to English
    2025-11-06 10:41
    Reply
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