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/10

JB Markets

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Australia Market Making License (MM) Revoked | High potential risk

https://www.jbmarkets.com

Website

Rating Index

Contact

+61 2 8188 9776
https://www.jbmarkets.com
'1014 Carlyle', 36 Evelyn Street, NEWSTEAD QLD 4006

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
JB Markets Pty Ltd
Customer Service Email Address
info@jbmarkets.com
Contact Number
+61281889776
Website
Genealogy
Related Companies
Employees
Company Summary
Disclosure
News
Wiki Q&A
Comment

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Official Website

Website

  • jbmarkets.com
    104.27.186.124
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

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JB Markets

Related Companies

JB MARKETS PTY LTD(United Kingdom)
United Kingdom
JB MARKETS PTY LTD(United Kingdom)
Deregistered
United Kingdom
Registration No.14890044
Established
Related sourcesWebsite Announcement
Employees

Company Profile

Company Profile

Review summary

JB Markets Review Summary
Founded2016-11-28
Registered Country/RegionUnited Kingdom
RegulationRevoked
Products Futures, Options, CFDs, Shares, Margin Foreign Exchange, Agricultural Products, Managed Discretionary Account/Trading, and Managed Funds
Customer SupportFacebook, Twitter, YouTube, LinkedIn

JB Markets Information

Registered in the United Kingdom, Registered in the United Kingdom, JB Markets is a financial services provider in the securities and derivatives sectors to wholesale and retail clients. JB Markets provides 3 major services and more products.

JB Markets Information

Is JB Markets Legit?

Australia Securities & Investment Commission(ASIC) regulates JB Markets with license number 323182 and License Type Market Making(MM). However, the 'Revoked' current status is less safe than the regulated one.

Is JB Markets Legit?
Is JB Markets Legit?

What products and services does JB Markets have?

JB Markets offers access to various products, including Futures, Options, CFDs, Shares, Margin Foreign Exchange, Agricultural Products, Managed Discretionary Account/Trading, and Managed Funds. It also provides 3 major services, such as Managed Discretionary service and Full Service Broking services.

The company offers both managed discretionary accounts (MDAs) and managed investment plans or funds (funds)

JB Markets provides access to a large number of global stock and futures exchanges, over 30 forex pairs, and commodities from the same platform.

JB Markets provides effective hedging, trading, and investment opportunities to both institutional and retail clients with 24-hour execution. It also offers services including equity indices, fixed income, currencies, commodities, and agricultural products.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Market Making License (MM) Revoked
  • High potential risk

News

ASIC Banned the Director of JB Markets

Exposure ASIC Banned the Director of JB Markets

The Australian Securities and Investments Commission (ASIC) has banned Peter Aardoom, the director of JB Markets, for eight years from associating with any financial services firm. This ban follows a series of regulatory actions against JB Markets, which included the cancellation of its Australian Financial Services (AFS) license less than a year ago.

ASIC cancels AFS license of JB Markets

News ASIC cancels AFS license of JB Markets

According to ASIC's official website, ASIC has decided to cancel the Australian Financial Services (AFS) license of JB Markets Pty Ltd (JB Markets) effective from 12 April 2024.

ASIC Suspends JB Markets AFS License

News ASIC Suspends JB Markets AFS License

The Australian Securities and Investments Commission (ASIC) has suspended JB Markets' Australian Financial Services (AFS) license until April 30, 2024, for non-compliance with financial licensing requirements. This action reflects ASIC's commitment to market integrity and consumer protection. The release also outlines ASIC's role in regulating financial services, highlighting its efforts in enforcing standards within the Australian financial industry.

Wiki Q&A

Is JB Markets safe to trade with?

JB Markets is an unregulated entity, which is considered a high-risk status for traders. It operates without any valid financial trading licenses or credible regulatory oversight, providing no formal investor protection. Its overall WikiFX Score of 1.57 underscores this severely compromised profile.

Three days ago
United States

What licenses does JB Markets hold?

JB Markets, or JB Markets Pty Ltd, operates without any verified mainstream financial trading licenses. A previously listed Australian Securities and Investments Commission (ASIC) Market Making License associated with its holding company has been revoked. Therefore, it currently holds no recognized regulatory authorization.

Three days ago
United States

When was JB Markets established?

JB Markets Pty Ltd has an operational history of 5 to 10 years and is registered in the United Kingdom.

Three days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Three days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Three days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Three days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
United States
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