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/10

JB Markets

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | Australia Market Making License (MM) Revoked | High Potential Risk

https://www.jbmarkets.com

Website

Rating Index

Contact

+61 2 8188 9776
https://www.jbmarkets.com
'1014 Carlyle', 36 Evelyn Street, NEWSTEAD QLD 4006

license Forex License

risk

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

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
JB Markets Pty Ltd
Email
info@jbmarkets.com
Contact Number
+61281889776
Verified Site
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News
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Official Website

Verified Site

  • jbmarkets.com
    104.27.186.124
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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JB Markets

Related Companies

JB MARKETS PTY LTD
Australia
JB MARKETS PTY LTD
None
Australia
Registration No.14890044
Est. Date
SourceOfficial Statement

Company Profile

Company Profile

Review summary

JB Markets Review Summary
Founded2016-11-28
Registered Country/RegionUnited Kingdom
RegulationRevoked
Products Futures, Options, CFDs, Shares, Margin Foreign Exchange, Agricultural Products, Managed Discretionary Account/Trading, and Managed Funds
Customer SupportFacebook, Twitter, YouTube, LinkedIn

JB Markets Information

Registered in the United Kingdom, Registered in the United Kingdom, JB Markets is a financial services provider in the securities and derivatives sectors to wholesale and retail clients. JB Markets provides 3 major services and more products.

JB Markets Information

Is JB Markets Legit?

Australia Securities & Investment Commission(ASIC) regulates JB Markets with license number 323182 and License Type Market Making(MM). However, the 'Revoked' current status is less safe than the regulated one.

Is JB Markets Legit?
Is JB Markets Legit?

What products and services does JB Markets have?

JB Markets offers access to various products, including Futures, Options, CFDs, Shares, Margin Foreign Exchange, Agricultural Products, Managed Discretionary Account/Trading, and Managed Funds. It also provides 3 major services, such as Managed Discretionary service and Full Service Broking services.

The company offers both managed discretionary accounts (MDAs) and managed investment plans or funds (funds)

JB Markets provides access to a large number of global stock and futures exchanges, over 30 forex pairs, and commodities from the same platform.

JB Markets provides effective hedging, trading, and investment opportunities to both institutional and retail clients with 24-hour execution. It also offers services including equity indices, fixed income, currencies, commodities, and agricultural products.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • Australia Market Making License (MM) Revoked
  • High Potential Risk

News

ASIC Banned the Director of JB Markets

Exposure ASIC Banned the Director of JB Markets

The Australian Securities and Investments Commission (ASIC) has banned Peter Aardoom, the director of JB Markets, for eight years from associating with any financial services firm. This ban follows a series of regulatory actions against JB Markets, which included the cancellation of its Australian Financial Services (AFS) license less than a year ago.

ASIC cancels AFS license of JB Markets

News ASIC cancels AFS license of JB Markets

According to ASIC's official website, ASIC has decided to cancel the Australian Financial Services (AFS) license of JB Markets Pty Ltd (JB Markets) effective from 12 April 2024.

ASIC Suspends JB Markets AFS License

News ASIC Suspends JB Markets AFS License

The Australian Securities and Investments Commission (ASIC) has suspended JB Markets' Australian Financial Services (AFS) license until April 30, 2024, for non-compliance with financial licensing requirements. This action reflects ASIC's commitment to market integrity and consumer protection. The release also outlines ASIC's role in regulating financial services, highlighting its efforts in enforcing standards within the Australian financial industry.

Wiki Q&A

Is JB Markets safe to trade with?

JB Markets is an unregulated entity, which is considered a high-risk status for traders. It operates without any valid financial trading licenses or credible regulatory oversight, providing no formal investor protection. Its overall WikiFX Score of 1.57 underscores this severely compromised profile.

04-02
United States

What licenses does JB Markets hold?

JB Markets, or JB Markets Pty Ltd, operates without any verified mainstream financial trading licenses. A previously listed Australian Securities and Investments Commission (ASIC) Market Making License associated with its holding company has been revoked. Therefore, it currently holds no recognized regulatory authorization.

04-02
United States

When was JB Markets established?

JB Markets Pty Ltd has an operational history of 5 to 10 years and is registered in the United Kingdom.

04-02
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.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
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.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States
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