Edward Jones FX is a forex broker registered in the United States on September 11, 2013. The company primarily offers forex trading services to investors, with its headquarters located in Tokyo. The broker mainly operates in Japan and does not provide services to jurisdictions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
The registered entity of Edward Jones FX in the United States is Edward Jones FX Ltd, with a registered address at 1801 Wewetta Street, Suite 1140, Denver, CO 80202, US, and a business registration number of 20231942770. This entity is only registered with the National Futures Association (NFA) in the United States as a non-member unit and has not obtained authorization and regulation from other official financial regulatory authorities. The NFA does not regulate non-member units. The official website information indicates that Edward Jones FX is the Japanese branch of Edward Jones Co., Ltd, with a business address at 6-10-1 Roppongi, Minato-ku, Tokyo, Roppongi Hills Mori Tower 43F. However, the information about the company is not available on the website of the National Tax Agency of Japan. According to Whois information, the broker's official website domain was registered on December 11, 2023, and as of December 13, 2023, it has been registered for only two days.
Additionally, during the investigation, it was found that the broker's name and logo design are very similar to the well-known American investment company Edward Jones. However, the official website of Edward Jones states that it only has branches in the United States and Canada and does not disclose whether it has branches in Japan. The broker appears to be using a similar name and logo.
Account Opening:
To open an account with Edward Jones FX, one needs to visit the broker's official website, click on "ロ座開設" to enter the registration interface, fill out the registration application form, upload identification documents, receive notification of approval from the broker, and then log in to the account to deposit funds and start trading.
Account Types:
The official website of Edward Jones FX does not provide information about trading leverage, spread, minimum deposit amount, maximum/minimum trading volume, maximum position size, additional margin levels, stop-loss margin levels, overnight interest rates, trading commissions, or other trading account details.
Trading Platform:
Although the broker claims to provide both desktop and mobile trading platforms on its official website, specific information about the trading platform is not disclosed, and no download links are provided. The icon options presented on the website cannot be clicked.
Deposit and Withdrawal:
The broker has not disclosed on its official website the supported methods for depositing and withdrawing funds.
Contact Information:
Users can contact Edward Jones FX for customer support services by phone at 03-6258-4412.
Summary:
Traderknows advises investors that Edward Jones FX is a forex scam platform imitating the well-known American investment company "Edward Jones." It has not obtained authorization or effective regulation from any official financial regulatory authority. Traderknows recommends that investors stay away from this broker when choosing a trading platform, opting for platforms with transparent registration and regulatory information and a good reputation to avoid unnecessary financial losses. Currently, this broker is marked as "suspected of fraud" on Traderknows.
