JTR Information
JTR is from a Cambodian brokerage firm. For individual and corporate traders, JTR mainly offers trading products including foreign exchange, forward contracts and foreign exchange swaps.
However, JTR is now in an unregulated state and does not support the MT4/5 trading platform.
Pros and Cons
Is JTR Legit?
JTR is currently unregulated and there is some risk involved in trading with it, so please be careful.
What Can I Trade on JTR?
On JTR, individual traders can trade forex. Corporate traders can trade forex, forward exchange contracts and forex swaps.
JTR says it helps you buy or sell foreign currency at real-time prices to meet your immediate needs. It is also possible to lock in preferred rates at real-time forex market rates for future payments. By setting prices in advance, you can be more certain of your rates while enjoying flexibility as you can extend or pre-deliver your contract at any time.
Swap available currencies: Krier, Australian dollar, British pound, New Zealand dollar, Japanese yen, Thai Baht and Euro.
JTR Fees
Non-Trading Fees
Individual traders need to pay attention to the fee information when trading Forex on JTR.
Trading Platform
Deposit and Withdrawal
JTR requires a minimum initial deposit of $500 for individual traders. Transact by using online banking and mobile banking.
Customer Service
JTR does not offer 24/7 customer service, which can be reached by phone or social media.
The Bottom Line
For traders, especially corporate traders who need to exchange currencies and hedge future exchange rate risk, JTR is a platform for trading forex, forward contracts and forex swaps.
Even as mentioned above, we have to look at the problem with JTR. It is not regulated, and it does not provide key information such as accounts.
FAQs
Is JTR safe?
No, JTR is not secure enough. Currently, the regulatory status of JTR is unregulated.
Is JTR good for beginners?
No, it's not for beginners. The reason is that JTR has a minimum initial deposit of $500, which is a bit high for beginners. JTR does not yet support the more beginner friendly MT4/5 trading platform.
Is JTR good for day trading?
No, JTR is not suitable for day trading. JTR is not regulated and trading is not secure.
