Jasper Financial Capital, established on May 25, 2017, and registered in Hong Kong, is a forex broker that primarily offers forex and precious metals trading services to investors. The company is headquartered in Kowloon, Hong Kong. The broker's official website primarily provides services in English and does not offer services to jurisdictions where it may violate local laws or regulations, such as the United States.
Corporate Background and Regulatory Status:
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 of the company is RM 502C, 5F, HO KING COMMCTR, 2-16 FAYUEN ST, MONGKOK KOWLOON, HONG KONG, with the company registration number 2539072. According to Whois information, the broker's website was registered on October 19, 2023. As of November 14, 2023, the registration period is less than one month.
Upon investigation, it was found that the broker is not authorized or regulated by the Securities and Futures Commission (SFC) of Hong Kong or any official financial regulatory authority in any jurisdiction.
Account Opening:
The broker's official website does not provide an option for account opening, and no channels for account opening are mentioned.
Account Types:
The broker's official website does not specify the types of accounts offered, including minimum deposit amounts, spreads, trading leverage, minimum/maximum trade volumes, maximum position sizes, overnight fees, trading commissions, and types of trade execution.
Trading Platform:
Clicking on the trading platform download links on Jasper Financial Capital's website redirects to the MT4/MT5 official website. However, there is no information about the broker on the MT4/MT5 official website.
Deposits and Withdrawals:
The broker's website does not clearly state the supported methods for deposits and withdrawals.
Customer Support:
Jasper Financial Capital only supports customer inquiries through email at [email protected], providing a very limited contact option.
Summary:
Traderknows advises investors that Jasper Financial Capital lacks any forex licenses issued by national regulatory authorities. The forex trading and brokerage activities conducted by the broker are not subject to effective regulation. Key information regarding account types, minimum deposit amounts, spreads, trading leverage, minimum/maximum trade volumes, maximum position sizes, overnight fees, trading commissions, trade execution types, deposit, and withdrawal methods, among other crucial trading details, is undisclosed on the broker's official website. Traderknows recommends investors choose reputable and legally regulated platforms to avoid potential financial losses.
As of now, this broker is marked as "suspected fraud" on Traderknows.
