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.
Pros and Cons
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.
What Can I Trade on JRJR?
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.
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.
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.
Hong Kong China
