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Jumpyle FX

China|1-2 years|
Suspicious Scope of Business|High potential risk|

https://www.jumpyle.cc

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Rating Index

Contact

https://www.jumpyle.cc

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Warning: Low score, please stay away! 4
Previous Detection : 2024-12-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 296805) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The VanuatuVFSC regulation (license number: 700455) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The Vanuatu VFSC regulation with license number: 700455 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Jumpyle FX · WikiFX Survey

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Jumpyle FX · Company Summary

Note: Jumpyle FX's official website - https://www.jumpyle.cc is currently inaccessible normally.

Jumpyle FXReview Summary
Founded2023
Registered Country/RegionChina
RegulationASIC/VFSC (Suspicious clone)
Market InstrumentsForex, commodities, indices
Demo Account
LeverageUp to 500:1
SpreadFrom 1 pip (Standard)
From 0 pips (ECN)
Trading PlatformMT4
Min Deposit$200
Customer Support/

Jumpyle FX was founded in 2023 in China. It uses MT4 as its trading platform, and offers trading services related to the forex, commodity, and indice markets. Besides, it provides 2 types of accounts, with a minimum deposit of $200 and a maximum leverage of 500:1. However, this company holds 2 suspicious clone licenses, and it does not provide channels for customer support.

Jumpyle FX's homepage

Pros and Cons

Pros Cons
Demo accountsInaccessible website
MT4 supportedSuspicious clone licenses
Popular payment optionsHigh minimum deposit
No channel for customer support

Is Jumpyle FX Legit?

No, Jumpyle FX currently has no valid regulations. It only holds 2 suspicious clone licenses.

Regulatory AuthorityAustralia Securities & Investment Commission (ASIC)
Regulatory Status Suspicious clone
Regulated by Australia
Licensed Institution DLS MARKETS (AUST) PTY LTD
Licensed TypeFinancial Service
Licensed Number296805
Suspicious clone ASIC license
Regulatory AuthorityVanuatu Financial Services Commission (VFSC)
Regulatory Status Suspicious clone
Regulated by Vanuatu
Licensed Institution DLS Markets Limited
Licensed TypeRetail Forex License
Licensed Number700455
Suspicious clone VFSC license

What Can I Trade on Jumpyle FX?

Jumpyle FX provides several types of products, including forex, commodities, and indices.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptos
Bonds
Options
ETFs
Account comparison

Account Type

Jumpyle FX offers 2 types of accounts: Standard Account and ECN Account, with a minimum deposit requirement of $200. Besides, demo accounts are also available.

Account comparison

Leverage

The maximum leverage for both account types is 500:1. Careful considerations are recommended, because high leverage is likely to bring high potential risks.

Jumpyle Fees

Account TypeSpreadCommission
Standard AccountFrom 1 pip
ECN AccountFrom 0 pips$6 per round trade

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Web, desktop, mobileBeginners
MT5/Experienced traders

Deposit and Withdrawal

Jumpyle FX supports different types of payment options, including MasterCard, VISA, Neteller, Skrill, and bank transfers. However, other details such as the processing time and fees are not clear.

Payment options

Broker Information

Company Name

Jumpyle FXLimited

Abbreviation

Jumpyle FX

Regulatory Status

Suspicious Clone

Platform registered country and region

China

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

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Company Summary

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