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jimeiwo Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-10 12:15

Abstract:Jimeiwo is an unregulated brokerage based in Canada. They primarily provide trading in Forex, Shares, Indices, Commodities, Options on the MetaTrader 4 and MetaTrader 5 platforms. The firm offers three account types: Standard, ECN, and VIP, with the minimum deposit requirement of $100.

  Note: jimeiwo's official website - https://www.jimeiwo.com/ is currently inaccessible normal.

jimeiwo Review Summary
Founded/
Registered Country/RegionCanada
RegulationUnregulated
Market InstrumentsForex, Shares, Indices, Commodities, Options
Demo Account/
LeverageUp to 1:100
SpreadFrom 1.8 pips (Standard account)
Trading PlatformMT4, MT5
Min Deposit$100
Customer SupportCompany Address: 285-A AUGUSTA AVE TORONTO, ON, CANADA M5T2M1

  Jimeiwo is an unregulated brokerage based in Canada. They primarily provide trading in Forex, Shares, Indices, Commodities, Options on the MetaTrader 4 and MetaTrader 5 platforms. The firm offers three account types: Standard, ECN, and VIP, with the minimum deposit requirement of $100.

Jimeiwo

Pros and Cons

ProsCons
Diverse tradable assetsUnfunctional website
Multiple account typesNo regulation
Commission-free accounts offeredNo contact channel
MT4 and MT5 supported
Popular payment options

Is Jimeiwo Legit?

  Jimeiwo is currently an unregulated broker, which means that investors' funds cannot be compensated and protected if the broker illegally misappropriates customer funds or faces bankruptcy.

No license

What Can I Trade on Jimeiwo?

  Jimeiwo offers a comprehensive range of market instruments, including Forex, Shares, Indices, Commodities, and Options.

Trading AssetAvailable
forex✔
commodities✔
indices✔
shares✔
options✔
cryptocurrencies❌
bonds❌
ETFs❌

Account Type/Fees

  Jimeiwo offers three distinct account types—Standard, ECN, and VIP.

Account TypeSpreadCommission
StandardFrom 1.8 pips/
ECNFrom 0.0 pips$7
VIPFrom 0.0 pips$5

Leverage

  Jimeiwo offers varying leverage ratios based on the market instruments. For the forex market, traders can access leverage ratios of up to 1:100.

Trading AssetMax Leverage
Forex1:100
Stocks1:50
Indices1:20
Commodities1:10
Cryptocurrencies1:50

  It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

  Jimeiwo provides traders with the option of two popular trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are recognized for their intuitive interfaces and extensive features.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginners
MT5✔Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

  Jimeiwo accepts deposits and withdrawals via bank transfers, wire transfers, credit cards/debit cards, and PayPal.

Related broker

No Regulation
jimeiwo
Company name:jimeiwo
Score
1.34
Website:https://www.jimeiwo.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.34

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