Jylin Trade is an online trading platform that claims to be registered in the UK, however, there are evident issues with its business registration information and regulatory status. Despite offering a range of trading products and services, including Forex, futures, cryptocurrencies, and stocks, as well as two mainstream trading software MT4 and MT5, the lack of transparency and the absence of detailed financial information disclosure are concerning. These factors combined could pose potential risks to investors and partners. The official website of Jylin Trade is: https://www.jylintrade.com/
Corporate Background of Jylin Trade:
The domain name of Jylin Trade's official website was registered on October 17, 2023, and the company claims to be registered in the UK. However, after thorough inquiries, no registration information related to Jylin Trade could be found in the official business registration database in the UK. This situation may raise concerns among potential investors and partners, as legitimate companies usually have clear registration records. The absence of official registration information may indicate issues regarding the legality and transparency of the company, and potential investors should remain vigilant.
Regulatory Information of Jylin Trade:
Jylin Trade does not provide any regulatory information on its official website, indicating the company may not be formally regulated by any financial regulatory authorities. In the financial services industry, being regulated by recognized authorities is a key factor that ensures compliance with specific laws and standards, increases the credibility of the business, and offers protection to investors. Therefore, the unregulated status of Jylin Trade is a significant risk indicator and should alert potential investors and partners.
Account Opening Process at Jylin Trade:
- Visit the Jylin Trade official website
- Click on Register or Login
- Fill in details such as name, phone number, and email
- Complete the registration process after filling in the information
Account Types at Jylin Trade:
Jylin Trade offers four different account types to meet the needs of various investors:
STARTER PLAN
- Minimum investment amount: $2,000
- Expected Return on Investment (ROI): 50%
- Referral bonus: 5%
PREMIUM PLAN
- Minimum investment amount: $10,000
- Expected Return on Investment (ROI): 100%
- Referral bonus: 10%
- Includes advanced signal updates
DELUXE PLAN
- Minimum investment amount: $50,000
- Expected Return on Investment (ROI): 150%
- Referral bonus: 15%
- Includes advanced signal updates
- Comes with a professional trader
VIP PLAN
- Minimum investment amount: $100,000
- Expected Return on Investment (ROI): 200%
- Referral bonus: 20%
- Includes advanced signal updates
- Comes with a professional trader
Trading Software at Jylin Trade:
Jylin Trade provides its clients with two industry-leading trading platforms: MT4 and MT5. These platforms are widely used in the financial markets and are favored by many professional traders and institutions.
Trading Products at Jylin Trade:
Jylin Trade offers a variety of financial trading products for its clients, including Forex, futures, cryptocurrencies, and stocks, catering to the diverse needs and investment strategies of different investors. However, details such as trading conditions, leverage ratios, and spreads for each type of product are not fully presented on the official website, which may inconvenience traders seeking exhaustive data to make informed investment decisions.
Leverage, Spreads, and Commissions at Jylin Trade:
Jylin Trade does not specifically present information about leverage, spreads, and commissions on its official website. This absence of information may challenge investors in conducting a thorough risk assessment and cost calculation, as these parameters are crucial for understanding the cost of trading and potential market exposure.
Deposit and Withdrawal Methods at Jylin Trade:
Specific details are not presented on the Jylin Trade official website.
Customer Support at Jylin Trade:
Phone: +44 736 203 1655
Email: support@jylintrade.com
Conclusion:
Given Jylin Trade's unclear registration background and unregulated status, potential clients should perform thorough due diligence before deciding to collaborate with the platform. Investors are advised to carefully evaluate the risks of working with Jylin Trade and seek out trading platforms that are transparent with their information and comply with regulation to protect their investment. When choosing a trading platform, it is wise to prioritize those that provide ample regulatory information and have a good reputation. Jylin Trade is labeled as " Suspect Fraud" on TraderKnows.
