PFJP is a forex and contract for difference (CFD) broker that claims to have been registered and established via its official website on December 6, 2023. The broker primarily offers financial trading services, including forex, stocks, commodities, indices, ETFs, cryptocurrencies, and CFDs. The company's headquarters address is not disclosed, and it does not provide services to jurisdictions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to publicly available information on its website, PFJP is registered with the National Futures Association (NFA) in the United States, with registration number 0560384. However, the broker is registered as a non-member entity and is not subject to NFA oversight. Additionally, detailed information about the registered entity, PFJP LIMITED, and authorization and regulation by other official financial regulatory authorities is not disclosed on the official website. As of December 14, 2023, the broker's website has been registered for less than ten days.
Account Opening:
PFJP's official website does not provide a dedicated account opening portal. Account opening can only be done by downloading its proprietary trading platform.
Account Information:
Critical trading account information such as leverage, spread, minimum deposit, maximum/minimum trade volume, maximum position size, additional margin levels, stop-loss margin levels, overnight interest, and trading commissions is not provided on the official website.
Trading Platform:
PFJP offers a proprietary trading platform, limited to mobile devices.
Deposits and Withdrawals:
The broker does not disclose the supported methods for deposits and withdrawals on its official website.
Contact Information:
Users can contact PFJP for customer support services through phone at +088-234-6534-563 and email at contact@pfjpco.com.
Summary:
Traderknows advises investors that PFJP's corporate registration information is highly opaque, and it has not obtained authorization and effective regulation from any official financial regulatory authority in any jurisdiction. Additionally, key information related to trading on the broker's website is insufficient and unclear. Investors are recommended to stay away from this platform and choose platforms with transparent registration and regulatory information and a good reputation to avoid unnecessary financial losses.
Currently, the broker is flagged as "suspected of fraud" on Traderknows.
