About Jones Mutual
🗺️ Registered inEstonia
🗺️ Type of LicenseNo License
🛡️ Is Jones Mutual safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Jones Mutual is a Forex and CFD broker. The company is owned and operated by GreenRiver OÜ with a registered address in Tallinn, Estonia. They also provide an operational address in Dublin, Ireland. However, the broker is not regulated either in Estonia by the Estonian Financial Supervisory Authority or in Ireland by the Central Bank of Ireland. In order to be able to offer financial services, brokers should obtain a license from one of the regulators depending on the country. Jones Mutual doesn’t provide any information about its regulation at all. Moreover, the Estonian Financial Supervisory Authority has issued a warning against Jones Mutual/GreenRiver OÜ:

“Finantsinspektsioon (the Estonian Financial Supervisory Authority) would like to inform clients and investors that GreenRiver OÜ(registry code 14445326) does not hold an activity licence for the provision of investment services in Estonia and therefore GreenRiver OÜ is not authorised to provide investment services in Estonia. The company offers the possibility to trade derivatives through web page https://www.jonesmutual.com.”

In addition, we have found numerous negative reviews from people who were scammed out by Jones Mutual. They state the broker refuses to refund or withdraw their investments. It seems like all the mentioned factors should be enough for the traders to avoid this unregulated broker. Instead we advice investing with the brokers regulated by the well-respected financial institutions such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC). Check the list of the FCA-regulated brokers.

No news available.

3 responses to “Jones Mutual”

  1. I was their VIP client but they failed to deliver the expected service and misrepresented and misled. They traded my money away and account is locked and no withdrawal given despite my requests. This should be reported to the Authorities. The registered entity of Jonesmutual, GreenRiver OU, now operates another platform http://www.investTeck.com at the same operational address in Ireland. Please be careful.

  2. I invested 250dolllars with them in February 2019.
    I changed my mind immediately and am still trying to get my money returned.

  3. I was finally convinced seeing several other users affected by this broker attempting to recover their funds. I had to close my account but I was refunded my initial deposit with adequate compensation.

Leave a Reply

Your email address will not be published. Required fields are marked *

* code