General Information
JP PRO, Operated By JP Global Limited, Is An Online Trading Platform Based In Thailand. Established In 2015, JP PRO Operates Without Regulatory Oversight, Raising Potential Concerns About The Platform's Compliance With Financial Standards And User Protections.
Pros And Cons
Pros:
High Leverage Ratio: JP PRO Offers Up To 1:1000 Leverage, Providing Traders With The Potential To Expand Their Positions, Which Can Be Advantageous For Those Seeking Higher Returns.
Minimum Deposit Amount: The Platform Allows A Minimum Deposit Amount Of $100, Making It Accessible To Traders With Less Capital.
Support For MT5: JP PRO Supports The MetaTrader 5 (MT5) Trading Platform, Which Is Known For Its Advanced Features And Capabilities.
Online Chat Available: The Presence Of Online Chat Support Enhances The Client Server And Provides A Real-time Communication Channel For User Inquiries.
Disadvantages:
Unregulated: JP PRO Operates Without Regulatory Oversight, Indicating That It Does Not Adhere To Established Financial Standards And May Pose A Risk To Users.
Strict Regional Restrictions: The Platform Implements Strict Regional Restrictions That Restrict Access For Users From The United States, Canada, Japan, Australia, Cuba, Afghanistan, Thailand, North Korea, South Sudan, And Other Restricted Regions. This May Limit The Platform's Usability To Users Worldwide.
Market Tools
Forex: Traders Can Participate In The Forex Market, Where They Have The Opportunity To Trade Different Currency Pairs, Including Major Currency Pairs, Minor Currency Pairs, And Exotic Currency Pairs.
Stocks: The Platform Provides The Ability To Trade Stocks, Allowing Users To Buy And Sell Ownership Of Listed Companies.
Indices: JP PRO Provides An Avenue To Trade Major Global Indices, Enabling Traders To Speculate On The Overall Performance Of The Stock Market.
Commodities: Traders Can Access Commodities Such As Precious Metals, Energy Products, And Agricultural Products Without The Need For Physical Ownership.
Cryptocurrencies: JP PRO Supports Trading In A Wide Range Of Cryptocurrencies, Enabling Users To Participate In The Rapidly Growing Digital Asset Market.
Account Types
JP PRO Offers A Variety Of Account Types To Suit The Preferences And Experience Levels Of Different Traders. Here Are The Four Account Types Offered By JP PRO:
Standard Account: Minimum Deposit Amount: 100 Dollars. This Account Type Is Suitable For Traders Who Are New To Financial Marekt And Want To Experience Real Trading With A Relatively Low Initial Investment.
ECN Account: Minimum Deposit Amount: 500 Dollars. ECN Accounts Are Designed For Traders Who Prefer Electronic Communication Network (ECN) Trading. This Account Type Offers Features Such As Access To A Personal Account Manager, Trading Center, VIP Webinars, And Instant Withdrawals.
Professional Account: Minimum Deposit: $5,000. Pro Accounts Are Tailored For More Experienced Traders And Those Looking For Enhanced Services. This Account Type Includes All The Features Of An ECN Account, As Well As Additional Advantages Such As Priority Services.
Islamic Accounts: Minimum Deposit Amount: 100 Dollars. Islamic Accounts Are Constructed In Accordance With Islamic Principles And Offer No Interest Trading. Suitable For Traders Who Follow Islamic Finance Practices.
Leverage
JP PRO Offers Different Types Of Accounts With Different Maximum Leverage Levels. Standard Accounts Offer A Maximum Leverage Ratio Of 1:1000, Allowing For Better Control Of Positions With Smaller Capital Investments. On The Other Hand, ECN, Pro And Islamic Accounts Offer A Maximum Leverage Ratio Of 1:500, Striking A Balance Between Risk And Opportunity. Traders Should Be Aware Of The Associated Risks When Trading With Leverage And Adopt Effective Risk Management Strategies.
Spreads And Commissions
JP PRO Offers Different Accounts With Different Spreads And Commissions. Standard And Islamic Accounts Enjoy The Same Spreads And Commissions. ECN Account Users Are Required To Pay The Highest Commissions. Professional Accounts Enjoy The Lowest Spreads.
Trading Platform
JP PRO Offers A Versatile And Widely Recognized Trading Platform, Namely MetaTrader 5 (MT5). Available On Desktop Computers, Mobile Devices And Websites, The Platform Provides Traders With A Flexible Trading Experience. Known For Its User-friendly Interface, Advanced Charting Tools And Comprehensive Functionality, MT5 Is Suitable For Both Novice And Experienced Traders. Through Seamless Integration Of Various Devices, JP PRO Ensures That Traders Can Conveniently And Efficiently Execute Trades, Analyze Market Trends And Manage Portfolios.
Customer Support
JP PRO Provides Its Users With An Accessible And Responsive Customer Support Service. The Platform Provides A 24/7 Live Chat Function To Provide Instant Assistance. Users Can Also Contact The Support Team Via Phone + 66988776979 Or Email Support@jppro.com. The Inclusion Of Various Communication Channels Ensures That Traders Can Seek Help Or Resolve Issues In A Timely Manner. In Addition, JP PRO Also Maintains A Presence On Social Media Platforms Such As Facebook (https://www.facebook.com/jpprobroker) And YouTube, Providing Users With Other Avenues To Contact And Obtain Information. The Physical Address Of The Company Is Located In Excel Hideaway, Sukhumvit 50, Bangkok, Zip Code 10240. Overall, JP PRO Aims To Provide Comprehensive Customer Support To Enhance The Trading Experience Of Its Users.
