Real Reviews of JP Markets: A Scam Under Nice Lure
JP Markets focuses on the global coronavirus crisis. At the same time, she invites the investor to active market trading on world exchanges. According to representatives of this office, the client can quickly get rich on the pricing of popular tools. Today we will check what the company actually offers and whether it is worth believing its loud promises.
JP Markets Brokerage Characteristics
The company refers to itself as the Global Forex Center. She sets high standards for her services, because the quality of customer service is an important part of the broker’s policy. Employees believe that diversified financial services involve a broad mindset and a unified approach based on honest business principles. A scam is often hidden behind beautiful words about transparent transactions, so a trader should carefully check his intermediary before replenishing the start-up capital.
The intermediary company JP Markets speaks of several competitive advantages that can attract a novice and experienced player:
- Negative balance protection is provided. The transaction monitoring system will not allow a trader to fall into a deep hole in debt.
- Fast trading platform that contains innovative technologies. Numerous indicators, advisors, robotic systems are available to the client.
- Safe storage of funds in segregated bank accounts.
- A friendly support team is ready to quickly solve any problems. You can contact the consultant by phone or online chat.
- The firm charges a minimum commission. She argues low prices by striving for the professional growth of her traders.
When choosing a broker to conduct effective market trades, you should learn to identify deception. Some swindlers skillfully hide behind trading activities, powdering the brain of gullible investors. The main sign of a divorce is the absence of real legal documents and a negative reputation on the Internet. You should also beware of too young firms that have not yet received user ratings.
Trading Relationship with JP Markets: Company Describes Services
The exchange intermediary has prepared one working platform for its traders – Metatrader 4. Some investors consider this terminal to be legendary, but in fact it is a relatively old model. Today, many brokers provide an updated (fifth) version, which has an expanded set of time intervals and analytical tools. The intermediary company calls MT4 the gold standard, the most innovative and powerful platform.
In fact, this software development is capable of handling requests for hundreds of financial instruments. It is used by investors all over the world, but it is not at all innovative. In 2021, there are already more advanced computer systems that provide high-quality technical and fundamental analysis. Most likely JP Markets is a low-equity broker unable to develop its own platform.
The work terminal operates in 30 different languages. It can be downloaded to a personal computer, mobile phone, or any other device. Thus, the trader gets access to the world markets regardless of his current location. He has flexible leverage up to a ratio of 1: 500. By replenishing the deposit for the minimum amount, the client can make large transactions in the world markets.
Bonus Offers for JP Markets Clients
In incentivizing its traders to invest heavily, the firm offers generous bonuses. The deposit has 200% of the starting capital. At the same time, the brokerage company talks about the absence of price levels and all kinds of scaling. She claims that the bonus program applies to absolutely all deposits up to R80,000 or the equivalent in US dollars.