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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

JinDao

Hong Kong Hong Kong | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Hong Kong Precious Metals Trading (AGN) Revoked | High potential risk

https://pm.gwghk.com/hk/

Website

Rating Index

Contact

852 - 3719 2500
https://pm.gwghk.com/hk/
香港九龙尖沙咀海港城港威大厦2座28楼
The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

risk

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

Keywords 5
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Hong Kong Precious Metals Trading (AGN) Revoked
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
5

Basic Information

Registered Region
Hong Kong
Operating Period
5-10 years
Company Name
金道贵金属有限公司
Abbreviation
JinDao
Company employee
--
Customer Service Email Address
pmhkcs@gwghk.com
Contact Number
(852) 3719-9980
Company Address
香港九龙尖沙咀海港城港威大厦2座28楼
FX4247393671

FX4247393671

Unverified

Hong Kong

I applied for withdrawal of 7,000 while he said the system was under maintenance and I had to operate at two thirty. And I should refill my bank card info at that time. But I was told that my info was wrong and I should pay to unfreeze my account. I can make sure that my bank card info was right. But when I checked it, there was one more 0. Isn’t it a scam?

Exposure

田埂上的梦

田埂上的梦

Unverified

Hong Kong

It ceased my trading account inexplicably.I was not satisfied with their bad manner!!!The company didn’t solve the my requirement timely,making me lose more than 800000 RMB.So irresponsible JinDao is!!!

Exposure

镜

Unverified

Hong Kong

Both the funding page and the official website are unavailable.

Exposure

青苹果

青苹果

Unverified

Hong Kong

Scam platform cleared my account.

Exposure

大鲸.余

大鲸.余

Unverified

Hong Kong

Unable to withdraw. Both the customer service and the website is unavailable. Garbage!

Exposure

一只丑陋的凸~

一只丑陋的凸~

Unverified

Hong Kong

After profiting a lot, my application for withdrawal was declined with the reason of wrong bank number.I was asked to pay 10% margin money to withdraw money.I was declined again with the reason of less-than 100 credit score and asked to deposit 35,200 in the platform.As I did so,it succeeded.I received a call from Hong Kong saying that I need to deposit 50,000 yuan to ensure the fund to my account.But the fund still hasn’t arrived.When I inquired if,I was told that a portion of my fund was stuck in the channel because of abnormal trade.Only by depositing 24,800 into the account, can the fund be abnormal.It is an absolute fraud platform.With upholding the banner of high profit,it induces investors to deposit money again and again .I have called the police.Hope you avoid being cheated.

Exposure

FX9669673574

FX9669673574

Unverified

Hong Kong

The money I deposited would arrive instantly. I applied for a withdrawal, but nothing happened after a day. They told me it would just take 2 hours. The service is cooling me.

Exposure

FX9249301067

FX9249301067

Unverified

Hong Kong

2018/9/26, JinDao has permanently disabled my MT4, MT5, GTS accounts for no reason. I have been trade since April 2016 until 2018/9 months. The accounts were still in normal use, with a total loss of 700,000 yuan. Now, my accounts were disabled with any notice. I can't find any transaction records with losses before. I hope that JinDao will give me an explanation.

Exposure

FX3119859718

FX3119859718

Unverified

Hong Kong

JinDaofroze my account for no reason. I contacted the customer service personnel, and they still don't recognize that is their account. They said they could not find the account. Aren’t the emails that informed the money were successfully deposited into the account sent by them? If the platform changes its name, it will not recognize the former clients, and it is too irresponsible. I hope FXEYES can expose them.

Exposure

FX6009685181

FX6009685181

Unverified

Hong Kong

JinDao is a scam. I can’t withdraw on it. They produced some video-verification shit to prevent me from withdrawing. This is a scam!

Exposure

FX3639864874

FX3639864874

Unverified

Hong Kong

I was induced by their agent to invest in their platform from June to October. They promised me a 100% profit. But I lost a lot after then. Those so-called instructors deliberately gave me wrong directions. I contacted the platform, who said I am not their client at all. This is a scam.

Exposure

不忘初心--工艺礼品专供

不忘初心--工艺礼品专供

Unverified

Hong Kong

My account was banned after I made an inquiry about my money flow in JinDao. I still have money in it. Scam.

Exposure

FX3219587820

FX3219587820

Unverified

Hong Kong

kindo permanently suspended my MT4,MT5 and GTS account for no reason on September 26, 2018/9/26. Since my operation in April 2016 till now, my account is still in normal use with a total loss of RMB 700,000. Now my account is suspended without any sign, and I cannot check any transaction records of previous losses.

Exposure

13
Website
Genealogy
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Company Summary
Wiki Q&A
Comment

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Official Website

Website

Most visited countries/areas
Hong KongHong Kong
  • Hong Kong gwghk.com
    45.195.255.74
  • Hong Kong 24k.hk
    116.251.230.61

Genealogy

vip Subscribe in the App to unlock!
Download APP
vipvip
JinDao

Related Companies

GOLDENWAY PRECIOUS METALS LIMITED(Hong Kong)
Hong Kong
GOLDENWAY PRECIOUS METALS LIMITED(Hong Kong)
Active
Hong Kong
Registration No.1331623
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

Note: JinDao's official website https://pm.gwghk.com/hk/ is currently inaccessible normally.

JinDao Review Summary
Founded2003
Registered Country/RegionHong Kong
RegulationNot Regulated
Market InstrumentsForex, Metal, Energy
Demo AccountNot Mentioned
LeverageUp to 1:400
SpreadFrom 0.8 pips
Trading PlatformMeta Trader 4
Min Deposit$100
Customer Support852 - 3719 2500
pmhkcs@gwghk.com

JinDao Information

JinDao is an unregulated financial company offering trading services primarily through the Meta Trader 4 platform, focusing on forex, metal, and energy instruments. The company provides three account types with a minimum deposit of $100 and all offering leverage up to 1:400, and spread starts from 0.8 pips. However, the official website is inaccessible.

Pros and Cons

ProsCons
  • Supports Meta Trader 4
  • Lack of regulation
  • Offers three account types
  • Inaccessible Website
  • High leverage up to 1:400

Is JinDao Legit?

JinDao has a Type A1 License regulated by the Chinese Gold and Silver Exchange Society (“CGSE”) in Hong Kong with a license number of 074.

Regulatory StatusUnsubscribed
Regulated byChinese Gold and Silver Exchange Society (“CGSE”)
Licensed Institution金道貴金屬有限公司
Licensed TypeType A1 License
Licensed Number074
Is JinDao Legit?

What Can I Trade on JinDao?

JinDao offers many tradable assets, mainly including Forex, Metal, and Energy.

Tradable InstrumentsSupported
Forex
Metals
Energy
Indices
Cryptocurrency
Shares
Options

Account Type

JinDao offers three distinct account types: Standard, Pro, and VIP. You can refer to the table for details.

Account TypeMinimum DepositSpreadsCommissionsLeverage
Standard$100From 1.8 pipsFrom $0.07 per lotUp to 1:400
Pro$500From 1.2 pipsFrom $0.03 per lotUp to 1:400
VIP$10,000From 0.8 pipsFrom $0.01 per lotUp to 1:400

JinDao Fees

JinDao offers spreads starting from 1.8 pips, 1.2 pips, and 0.8 pips for Standard, Pro, and VIP accounts respectively. It charges the lowest commissions for VIP accounts from $0.01 per lot.

Account TypeSpreadsCommissions
StandardFrom 1.8 pipsFrom $0.07 per lot
ProFrom 1.2 pipsFrom $0.03 per lot
VIPFrom 0.8 pipsFrom $0.01 per lot

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Meta Trader 4PC and MobileInvestors of all experience levels

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Hong Kong Precious Metals Trading (AGN) Revoked
  • High potential risk

Wiki Q&A

Is JinDao safe to trade with?

JinDao operates as an unregulated entity and holds no valid regulatory licenses for forex trading. Its only recorded license from the Hong Kong Gold Exchange is listed as revoked, indicating no active investor protection mechanisms are in place.

Two days ago
United States

What is the license number of JinDao?

JinDao operates without a verified license for forex trading. Its sole historical regulatory entry—a precious metals trading license (AGN) numbered 074 from the Hong Kong Gold Exchange (HKGX) held by Goldenway Precious Metals Limited—is reported as revoked and therefore inactive, leaving the broker unregulated.

Two days ago
United States

When was JinDao established?

JinDao, formally known as 金道贵金属有限公司, is based in Hong Kong and has been operational for an estimated 5 to 10 years.

Two days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Two 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.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two 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.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
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