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JP Markets

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4.0
(12 Reviews)

Founded: 2016 Min Deposit: 3000 ZAR

Headquarters: Cape Town, South Africa Max Lev: 1 : 500

Risk Level I

FSCA has provisionally suspended the licence of JP Markets SA (Pty) Ltd JP Markets.

Score
Business Scope
0.0
Trading Cost
3.9
Trading Platforms
3.9
Support
3.9
Licence Status
FSCA FSP46855
Suspended
Contact
+27 0105901250
support@jpmarkets.co.za
https://www.jpmarkets.co.za
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

4.0

Score

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Company and Service

--

Score

Profile
Headquarters Address
178 Campground Road, Letterstedt House Floor 2, Newlands on Main, Newlands, Cape Town 7700, South Africa.
Founded 2016
Broker Type
STP,  ECN
Time Zone GMT+2,GMT+3
Credit Profile View credit profile
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android
Contact
No Data
Others
FIFO
Website Language
English
Customer Service By
Phone,  Email,  Live Chat,  Web Form,  Facebook,  Twitter,  Instagram,  Youtube,  WhatsApp
Supported Language
English

Related Complaints

Q&A

Is JP Markets legitimate？Would you recommend to trade with this broker？

Balu
Vietnam
2021-10-27
ANSWER JP Markets is owned and operated by JP Markets SA (Pty) Ltd, a South Africa-based company once licensed and regulated by the Financial Services Conduct Authority (FSCA) under FSP No. 46855. Nevertheless, the regulatory status of this broker is currently abnormal as FSCA has provisionally suspended its license in accordance with section 11(1)(b). For more details about this broker, you can check our full JP Markets review. In terms of the validity of JP Markets, we argue that it is not proper to define it as a fraud, since this broker had run business in South Africa under regulation before the license was suspended and has been seeking for a chance to re-gain its license. Most importantly, FSCA said it would again look at JP Markets' license application, which means the broker would be quantified to deliver financial investment services once being approved. Overall, it is of certain risk to trade with JP Markets, and we would recommend to choose properly regulated brokers.
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Overall Score

4.0
12 Reviews

Cost 3.9

Platforms 3.9

Deposit & Withdrawal 4.0

Customer Support 3.9

Indicates the average level of Brokers

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12 Reviews Clear filter

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Nasir Vassallo
7-12 months ECN Account Burundi
The broker Is one of the best Trading platform and Veryfast Reply during any conditions And this is very easyto use and this will provide All necessary indicators andtolls for trading I referred you if you think about tradingyou should download this platform.
2023-09-13
Reply
OMATO Trushchenko
South Africa
The website of JP MARKETS seems very simple, and it seems like a scam.
2023-09-06
Reply
Torry McGivern
0-6 months Standard Account Finland
JP Markets is not Suitable for all type of traders. I use to trade gold. The spread is high and the withdrawal is low. Don't recommend for all traders out there.
2023-08-31
Reply
Cait Dzwonik
7-12 months ECN Account Algeria
Their market analysis and research have provided valuable insights, assisting me in making well-informed trading decisions.
2023-08-31
Reply
Ailsa Drew
0-6 months Standard Account Brunei
I lost my money because someone who i don't know or don't have contact manage my account and lost my money from JP Markets.
2023-08-31
Reply
Taleen Bloj
7-12 months Standard Account Brazil
JP Markets' range of account types caters to traders of all experience levels, ensuring a tailored trading experience.
2023-08-28
Reply
Talha Borges
7-12 months Standard Account New Zealand
I've referred friends to JP Markets due to their competitive spreads and reliable trading environment.
2023-08-24
Reply
Dong Theodosiou
0-6 months Standard Account Djibouti
The demo account offered by JP Markets has been invaluable for practicing and fine-tuning my trading strategies.
2023-08-21
Reply
Stuart Delchev
0-6 months ECN Account Mauritania
JP Market deserves five stars! My experience always positive never any problems or dishonesty from this broker and customer service always responsive. Withdrawal request and deposit all promptly handled.
2022-08-17
Reply
Christiana Galochkina
7-12 months ECN Account Togo
I appreciate the convenience of JP Markets' mobile app, which allows me to manage my trades on the go.
2022-08-11
Reply

1-10 of 12 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.