Jiaxing International Scam https://www.jiaxinguk.com/
Hello. I’ve been contacted by a person and they’ve pointed me towards trading on the MT5 app. The broker company is Jiaxing International. I have read a comment that online after searching the company name and I couldn’t find a lot. Did find an article saying saying it is a scam. Before i begin depositing funds I’d like to know if this broker can be trusted when trading btc/usd. I will attach the article to this message. If you can help me in this matter I would be very grateful. If not, could you please tell me who could help me out. Kind regards Russ
Jiaxing International LTD does not seem to be a regulated broker. According to the website, the broker is located in the UK, London, therefore, it supposed to be authorised in the UK to be able to legally offer financial services to its residents. However, we could not find any mentions of this broker in the UK’s register. In addition, there is not much info can be found online about this broker doubles with the fact that the website itself is not very information and does not provide any information about broker’s T&C, regulation or contact details.
In any case, we never advise trading with a non-licensed broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no any guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such a companies means the trader will believe only on the broker’s words, and of course, it is a high risk.