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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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Related Companies
Employees
About Us
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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
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    Creation Date
    --
    Website Name
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JB Markets

Related Companies

JB MARKETS PTY LTD(United Kingdom)
United Kingdom
JB MARKETS PTY LTD(United Kingdom)
Deregistered
United Kingdom
Registration No.14890044
Est. Date
SourceOfficial Statement
Employees

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 are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

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
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