JDR Securities Review: Facts You Should Know About jdrsecurities.com

We present you with facts you should know about JDR Securities so you can easily make an informed choice. Trading carries enough risk as it is and adding an unreliable broker on top of it can only result in more stress. 

We encourage you to read our XM Broker review for another reliable choice, especially for beginners. Now without further ado, let’s start our JDR Securities review. 

Who Is JDR Securities? All About JDR Securities PTY Ltd

JDR Securities has offices in two places, St. Vincent and Australia. JDR Securities Pty Ltd is a branch of Royal Financial Trading Pty Ltd, a firm regulated by a top-tier authority ASIC. The good thing about regulated brokers is that they offer a compensation fund, so traders are protected no matter what happens with the broker. 

The broker was established in 2021 making them relatively new in the market, however, their reputation precedes them, making them a reliable option for traders of all kinds. It is vital to note that St. Vincent does not offer forex broker licenses, only the ability to register a new International Business Company (IBC).

Regulation Info

JDR Securities (Australia) Pty Ltd is a corporate authorized representative (#001296086) of Royal Financial Trading Pty Ltd ABN 30 157 780 259 who holds an Australian Financial Service License # 420268. JDR Securities (Australia) Pty Ltd provides services to wholesale clients only.

JDR Securities Limited (New Zealand) NZBN: 9429051228170 is registered under the Financial Service Providers Act 2008 (FSP Act) as a financial service provider to provide a client money or property service (FSP1005237).

JDR Securities Limited is incorporated in St Vincent and the Grenadines, number 26326 BC 2021 by the Registrar of International Business Companies, and registered by the Financial Services Authority.

JDR Securities Broker Profile

This broker offers a reliable MT4 trading platform, which is the first choice of many traders. Trading in forex, indices, and commodities is available with a maximum leverage of 1:400. An interesting thing to note is that the broker offers White Label and the Introduce a Broker program, where you can earn a commission by referring the broker to other traders. 

Is JDR Securities Legit?

All things considered, JDR Securities is a reliable brokerage that can be trusted. They offer a transparent fee structure, no deposit requirement, a demo account that is available on the JDR Securities login page, and most importantly: they are regulated by a top-tier authority. One thing is for certain; JDR Securities legit way of working. 

Furthermore, you are insured with a $20,000 compensation fund in case things go wrong, so trading with JDR Securities can be stress-free. They offer a safe trading environment for traders of all kinds and even if they cease to exist, knowing that you’re safe is a precious thing.

Traders Share Their Experiences

The broker receives an overall Trustpilot rating of 4.3 from a total of 9 reviews. There are no bad reviews, which raises the possibility that they are false, but it’s also possible that the broker is so good that there are only positive evaluations. Either way, having 100% positive reviews does line up with their reputation. 

Everyone praises the fast response of the JDR Securities customer service and how they help their traders solve any issues. A very fast trading execution and a user-friendly client portal dashboard are the main focus of the positive reviews, allowing traders to enjoy a safe trading experience. 

Who Are the Traders They Cater To?

Even though the brokerage was established recently, in 2021, they have a good reputation and by offering the Introduce a Broker partnership, they attract traders from all around the globe. Word of mouth is the best way to attract new clients and that wouldn’t be possible without their traders, who shared their wonderful experience with the rest of us. 

The traders they cater to come from various nations, including the Philippines, Australia, Singapore, Malaysia, and Indonesia. 

Deposits and Withdrawal Methods

Depositing or withdrawing funds at JDR Securities can be done through digital payments and wire transfers without any fees and you can expect the funds within 1-2 business days. Depositing via Skrill, Neteller, and Alipay will carry a 2% fee but the funds would be instantly on your account. 

All client money is held in a segregated client account with National Australia Bank in Australia so you can feel safe knowing your money is in good hands. Compared to Flatex which lets you trade for as little as $1, JDR Securities holds the record for the lowest deposit requirement which is $0. 

Weighing the Pros and Cons

A Rapid Dive into JDR Securities

The broker’s website looks well-designed, and as we delved further into it, we noticed that it’s full of valuable information. Info about account types, spreads, commissions, leverage, and others is transparently presented on their website, allowing traders to decide whether or not JDR Securities is a good choice for them. 

There are flaws while trading with JDR Securities and it all depends where you come from. Trading with SVG brokers is risky because they have no license as it is not required, so traders are warned to proceed with caution while trading with brokers based in St. Vincent. 

Finding a reliable broker can be challenging so that is why we’re here. If you want a reliable broker by your side, what are you waiting for? Reach out today for a free consultation and take the first step toward a successful trading experience. 

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