Jasper Financial Capital Company Overview:
Jasper Financial Capital, registered in Hong Kong on May 25, 2017, is a forex brokerage firm providing trading services in forex, precious metals, and cryptocurrencies to investors. The company is headquartered in Kowloon, Hong Kong. The registered entity of Jasper Financial Capital is Jasper Financial Capital Limited, formerly known as Global Markets Group Limited and Ted Financial Service Limited. The registered address is RM 502C, 5F, HO KING COMMCTR, 2-16 FAYUEN ST, MONGKOK KOWLOON, HONG KONG, with the company registration number 2539072. According to a WHOIS search, the broker's official website was registered on October 19, 2023, and as of November 14, 2023, it has been less than a month since registration.
Is Jasper Financial Capital Compliant and Legal? Does it hold relevant financial regulatory licenses?
Jasper Financial Capital is not regulated by any financial regulatory authority. The broker lacks authorization and supervision from the Securities and Futures Commission (SFC) of Hong Kong or any official financial regulatory body in any jurisdiction. The absence of necessary supervision and protection mechanisms raises concerns, and investors are advised to exercise caution when using the services provided by this broker to safeguard their financial assets.
Trading Instruments Offered by Jasper Financial Capital:
According to the official website of Jasper Financial Capital, the broker primarily offers trading and advisory services in forex, precious metals, and cryptocurrencies.
Trading Software Provided by Jasper Financial Capital:
The trading platform download link on Jasper Financial Capital's official website redirects to the MT4/MT5 official website. However, upon checking the MT4/MT5 official website, there is no information available about this broker.
Fund Security:
Jasper Financial Capital does not disclose any third-party fund regulatory information on its official website, raising concerns about the security of user funds.
Deposit and Withdrawal Channels:
Jasper Financial Capital has not provided any information regarding user deposit and withdrawal channels, making it unclear how users can deposit and withdraw funds.
Leverage Ratio:
Limited information is available regarding the broker's published leverage. The leverage ratio for gold is from 1:12.5 to 1:00, but information on leverage for other products, such as forex, is not accessible.
Summary:
Jasper Financial Capital is an unregulated forex brokerage firm that lacks transparency on critical aspects such as user fund security and deposit and withdrawal channels. It is strongly advised to stay away from this platform to avoid potential financial losses. Currently, the broker is marked as "Suspected Fraud" on TraderKnows.
