JDR Securities

Current Rating

3.26

Industry Tier

C

Profile

Country

Australia

Market Categories

Forex

Organization Categories

Brokerage

Services

Trading services for foreign exchange, commodities, and indices

Supported Languages

Simplified Chinese, English, Japanese, Vietnamese, Indonesian

Domain Registration

2021-01-11

Status

Suspected Fraud

JDR Securities is a forex broker registered in Australia in 2021, headquartered in Sydney. The broker primarily offers users trading services in financial derivatives such as forex, indices, and commodities. The broker is under strict regulation by regulatory authorities.

Corporate Background

JDR Securities is a broker providing foreign exchange trading services. Its registered entity is JDR Securities (Australia) Pty Ltd, headquartered in Australia. The broker was established on April 23, 2021. According to information from Whois, the domain name of JDR Securities (Australia) Pty Ltd's official website was registered on January 11, 2021. JDR Tech Pty Ltd holds the ABN number from the Australian Business Registration office (ABN Lookup), which is 30 157 780 259.

The associated enterprise of JDR Securities, JDR Securities Limited, was registered in Saint Vincent and the Grenadines, with the registration number being 26326.

The associated enterprise of JDR Securities, JDR Securities Limited, was registered in New Zealand, with the registration number being 9429051228170.

Regulatory Information

According to the official website of JDR Securities, the company holds an authorized representative license (AR license) from Royal Financial Trading Pty Ltd (420268) under the Australian Securities and Investments Commission (ASIC). However, the regulatory and investor protection strength of this license is relatively weak. Moreover, Royal Financial Trading Pty Ltd has sold authorized representative licenses (AR licenses) to multiple similar companies like JDR Securities (Australia) Pty Ltd. These companies have no relation to Royal Financial Trading Pty Ltd and are merely using the purchased license for promotion, raising concerns of potential fraud.

Additionally, the official website of JDR Securities states that its associated enterprise, JDR Securities Limited, is regulated or authorized by the Financial Markets Authority (FMA) of New Zealand and the Financial Services Authority (SVGFSA) of Saint Vincent and the Grenadines. According to the official website of FMA, the regulatory information of JDR Securities Limited is authentic. However, the Financial Services Authority (SVGFSA) does not regulate, monitor, authorize, or license business companies (BC) engaged in forex trading or brokerage operations.

Trading Products

Forex Trading: JDR Securities allows investors to participate in the forex market, offering a variety of currency pairs for trading. Investors can trade based on the price fluctuations of one currency against another.
Indices Trading: JDR Securities enables investors to trade based on the price movements of specific financial indices. These indices include stock indices, commodity indices, bond indices, etc., allowing investors to engage in the market by trading these indices.
Commodity Trading: Contract for Difference (CFD) in commodities provides investors the potential to profit from the price fluctuations of raw materials and resources. Commodities include raw materials like crude oil, copper, and iron ore. Commodity CFDs allow investors to participate in various commodity markets without owning the physical goods.

Trading Software

JDR Securities offers investors a variety of trading platforms: MT4, PAMM, iPhone, Android, Mac OS, and Web Trader. Investors can choose the most suitable trading platform according to their needs.

Account Registration

The official website of JDR Securities provides two types of account registration: real accounts and demo accounts.

For real account registration: First, open the official website of JDR Securities and click "Open Live Account" in the middle left side of the website.

Follow the steps to complete the account registration.

For demo account registration: First, open the official website of JDR Securities and click "Try Demo Account" in the middle left side of the website.

Follow the steps to complete the account registration.

Account Types

JDR Securities offers two different types of accounts: standard accounts and professional accounts.

Standard Account: Minimum spread is 1.0 pips, with no commission.
Professional Account: Minimum spread is 0 pips, with a commission of $7 per lot.

Both the standard account and professional account use the MetaTrader trading platform, with a starting deposit of $0, maximum leverage of 400:1, margin call level of 50%, and 64 currency pairs available.

Deposit and Withdrawal Methods

JDR Securities also offers a variety of deposit and withdrawal options, such as DIGITAL PAYMENTS, BANK TRANSFER, INTERNET BANKING, NETELLER, Skrill, STICPAY, dragonpay, TIGER PAY, Alipay, DOKU, and fasapay, etc.

Methods with 1-2 business days processing time include DIGITAL PAYMENTS, BANK TRANSFER, INTERNET BANKING.
Methods with instant processing time include NETELLER, Skrill, STICPAY, dragonpay, TIGER PAY, Alipay, DOKU, and fasapay.

Supported currencies for deposits and withdrawals:

DIGITAL PAYMENTS, BANK TRANSFER, NETELLER, Skrill, etc., support currencies such as AUD, USD, EUR, and GBP.
INTERNET BANKING supports multiple currencies, such as JPY, CNY, THB, MYR, VND, PHP, and ZAR.
STICPAY only supports JPY.
TIGER PAY supports USD, JPY, EUR, and PHP.
Alipay only supports CNY.
DOKU and fasapay only support IDR.

Customer Support

The broker offers multilingual support, available through multiple channels, including phone support and email support. Traders can contact the customer support team directly and immediately via phone number +61082527653. Investors can also send questions to service@jdrsecurities.com.

Summary

JDR Securities, registered in Australia, is suspected of fraud. The company holds an authorized representative license from Royal Financial Trading Pty Ltd (420268), but since Royal Financial Trading Pty Ltd has sold such licenses to several similar entities, JDR Securities (Australia) Pty Ltd and other companies have no actual relationship with Royal Financial Trading Pty Ltd. They merely use the purchased license for promotion, raising concerns of potential fraud. JDR Securities offers a variety of trading products, including forex, indices, and commodities. Traders are reminded to seek adequate education about high-leverage trading before engaging, understand the market mechanisms, and consider their investment objectives and risk tolerance.

Currently, JDR Securities is marked as "Suspected Fraud" on TraderKnows.

References

Profile

JDR Securities is a forex broker registered in Australia in 2021, headquartered in Sydney. The broker primarily offers users trading services in financial derivatives such as forex, indices, and commodities. The broker is under strict regulation by regulatory authorities.

Corporate Background

JDR Securities is a broker providing foreign exchange trading services. Its registered entity is JDR Securities (Australia) Pty Ltd, headquartered in Australia. The broker was established on April 23, 2021. According to information from Whois, the domain name of JDR Securities (Australia) Pty Ltd's official website was registered on January 11, 2021. JDR Tech Pty Ltd holds the ABN number from the Australian Business Registration office (ABN Lookup), which is 30 157 780 259.

The associated enterprise of JDR Securities, JDR Securities Limited, was registered in Saint Vincent and the Grenadines, with the registration number being 26326.

The associated enterprise of JDR Securities, JDR Securities Limited, was registered in New Zealand, with the registration number being 9429051228170.

Regulatory Information

According to the official website of JDR Securities, the company holds an authorized representative license (AR license) from Royal Financial Trading Pty Ltd (420268) under the Australian Securities and Investments Commission (ASIC). However, the regulatory and investor protection strength of this license is relatively weak. Moreover, Royal Financial Trading Pty Ltd has sold authorized representative licenses (AR licenses) to multiple similar companies like JDR Securities (Australia) Pty Ltd. These companies have no relation to Royal Financial Trading Pty Ltd and are merely using the purchased license for promotion, raising concerns of potential fraud.

Additionally, the official website of JDR Securities states that its associated enterprise, JDR Securities Limited, is regulated or authorized by the Financial Markets Authority (FMA) of New Zealand and the Financial Services Authority (SVGFSA) of Saint Vincent and the Grenadines. According to the official website of FMA, the regulatory information of JDR Securities Limited is authentic. However, the Financial Services Authority (SVGFSA) does not regulate, monitor, authorize, or license business companies (BC) engaged in forex trading or brokerage operations.

Trading Products

Forex Trading: JDR Securities allows investors to participate in the forex market, offering a variety of currency pairs for trading. Investors can trade based on the price fluctuations of one currency against another.
Indices Trading: JDR Securities enables investors to trade based on the price movements of specific financial indices. These indices include stock indices, commodity indices, bond indices, etc., allowing investors to engage in the market by trading these indices.
Commodity Trading: Contract for Difference (CFD) in commodities provides investors the potential to profit from the price fluctuations of raw materials and resources. Commodities include raw materials like crude oil, copper, and iron ore. Commodity CFDs allow investors to participate in various commodity markets without owning the physical goods.

Trading Software

JDR Securities offers investors a variety of trading platforms: MT4, PAMM, iPhone, Android, Mac OS, and Web Trader. Investors can choose the most suitable trading platform according to their needs.

Account Registration

The official website of JDR Securities provides two types of account registration: real accounts and demo accounts.

For real account registration: First, open the official website of JDR Securities and click "Open Live Account" in the middle left side of the website.

Follow the steps to complete the account registration.

For demo account registration: First, open the official website of JDR Securities and click "Try Demo Account" in the middle left side of the website.

Follow the steps to complete the account registration.

Account Types

JDR Securities offers two different types of accounts: standard accounts and professional accounts.

Standard Account: Minimum spread is 1.0 pips, with no commission.
Professional Account: Minimum spread is 0 pips, with a commission of $7 per lot.

Both the standard account and professional account use the MetaTrader trading platform, with a starting deposit of $0, maximum leverage of 400:1, margin call level of 50%, and 64 currency pairs available.

Deposit and Withdrawal Methods

JDR Securities also offers a variety of deposit and withdrawal options, such as DIGITAL PAYMENTS, BANK TRANSFER, INTERNET BANKING, NETELLER, Skrill, STICPAY, dragonpay, TIGER PAY, Alipay, DOKU, and fasapay, etc.

Methods with 1-2 business days processing time include DIGITAL PAYMENTS, BANK TRANSFER, INTERNET BANKING.
Methods with instant processing time include NETELLER, Skrill, STICPAY, dragonpay, TIGER PAY, Alipay, DOKU, and fasapay.

Supported currencies for deposits and withdrawals:

DIGITAL PAYMENTS, BANK TRANSFER, NETELLER, Skrill, etc., support currencies such as AUD, USD, EUR, and GBP.
INTERNET BANKING supports multiple currencies, such as JPY, CNY, THB, MYR, VND, PHP, and ZAR.
STICPAY only supports JPY.
TIGER PAY supports USD, JPY, EUR, and PHP.
Alipay only supports CNY.
DOKU and fasapay only support IDR.

Customer Support

The broker offers multilingual support, available through multiple channels, including phone support and email support. Traders can contact the customer support team directly and immediately via phone number +61082527653. Investors can also send questions to service@jdrsecurities.com.

Summary

JDR Securities, registered in Australia, is suspected of fraud. The company holds an authorized representative license from Royal Financial Trading Pty Ltd (420268), but since Royal Financial Trading Pty Ltd has sold such licenses to several similar entities, JDR Securities (Australia) Pty Ltd and other companies have no actual relationship with Royal Financial Trading Pty Ltd. They merely use the purchased license for promotion, raising concerns of potential fraud. JDR Securities offers a variety of trading products, including forex, indices, and commodities. Traders are reminded to seek adequate education about high-leverage trading before engaging, understand the market mechanisms, and consider their investment objectives and risk tolerance.

Currently, JDR Securities is marked as "Suspected Fraud" on TraderKnows.

References