Score
JinDao
Hong Kong|5-10 years| https://pm.gwghk.com/hk/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
United States 2.86Contact
Licenses
Licensed Institution：金道貴金屬有限公司
License No.：074
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
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Website
Most visited countries/areas
Hong Kong
China
gwghk.com
Server Location
Hong Kong
Website Domain Name
gwghk.com
Website
GRS-WHOIS.CNDNS.COM
Company
SHANGHAI MEICHENG TECHNOLOGY INFORMATION DEVELOPMENT CO., LTD.
Domain Effective Date
2010-04-27
Server IP
45.195.255.74
-
24k.hk
Server Location
Hong Kong
Most visited countries/areas
Website Domain Name
24k.hk
Website
WHOIS.HKIRC.HK
Company
-
Server IP
116.251.230.61
Company Summary
Note: JinDao's official website https://pm.gwghk.com/hk/ is currently inaccessible normally.
| JinDao Review Summary | |
| Founded | 2003 |
| Registered Country/Region | Hong Kong |
| Regulation | Not Regulated |
| Market Instruments | Forex, Metal, Energy |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:400 |
| Spread | From 0.8 pips |
| Trading Platform | Meta Trader 4 |
| Min Deposit | $100 |
| Customer Support | 852 - 3719 2500 |
| pmhkcs@gwghk.com | |
JinDao Information
JinDao is an unregulated financial company offering trading services primarily through the Meta Trader 4 platform, focusing on forex, metal, and energy instruments. The company provides three account types with a minimum deposit of $100 and all offering leverage up to 1:400, and spread starts from 0.8 pips. However, the official website is inaccessible.
Pros and Cons
| Pros | Cons |
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Is JinDao Legit?
JinDao has a Type A1 License regulated by the Chinese Gold and Silver Exchange Society (“CGSE”) in Hong Kong with a license number of 074.
| Regulatory Status | Unsubscribed |
| Regulated by | Chinese Gold and Silver Exchange Society (“CGSE”) |
| Licensed Institution | 金道貴金屬有限公司 |
| Licensed Type | Type A1 License |
| Licensed Number | 074 |
What Can I Trade on JinDao?
JinDao offers many tradable assets, mainly including Forex, Metal, and Energy.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energy | ✔ |
| Indices | ❌ |
| Cryptocurrency | ❌ |
| Shares | ❌ |
| Options | ❌ |
Account Type
JinDao offers three distinct account types: Standard, Pro, and VIP. You can refer to the table for details.
| Account Type | Minimum Deposit | Spreads | Commissions | Leverage |
| Standard | $100 | From 1.8 pips | From $0.07 per lot | Up to 1:400 |
| Pro | $500 | From 1.2 pips | From $0.03 per lot | Up to 1:400 |
| VIP | $10,000 | From 0.8 pips | From $0.01 per lot | Up to 1:400 |
JinDao Fees
JinDao offers spreads starting from 1.8 pips, 1.2 pips, and 0.8 pips for Standard, Pro, and VIP accounts respectively. It charges the lowest commissions for VIP accounts from $0.01 per lot.
| Account Type | Spreads | Commissions |
| Standard | From 1.8 pips | From $0.07 per lot |
| Pro | From 1.2 pips | From $0.03 per lot |
| VIP | From 0.8 pips | From $0.01 per lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Meta Trader 4 | ✔ | PC and Mobile | Investors of all experience levels |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Hong Kong Type A1 License Unsubscribed
- High potential risk
Review 13
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FX4247393671
Hong Kong
I applied for withdrawal of 7,000 while he said the system was under maintenance and I had to operate at two thirty. And I should refill my bank card info at that time. But I was told that my info was wrong and I should pay to unfreeze my account. I can make sure that my bank card info was right. But when I checked it, there was one more 0. Isn’t it a scam?
Exposure
2021-05-27
青苹果
Hong Kong
Scam platform cleared my account.
Exposure
2020-02-12
大鲸.余
Hong Kong
Unable to withdraw. Both the customer service and the website is unavailable. Garbage!
Exposure
2019-12-27
镜
Hong Kong
Both the funding page and the official website are unavailable.
Exposure
2019-12-23
田埂上的梦
Hong Kong
It ceased my trading account inexplicably.I was not satisfied with their bad manner!!!The company didn’t solve the my requirement timely,making me lose more than 800000 RMB.So irresponsible JinDao is!!!
Exposure
2019-11-14
一只丑陋的凸～
Hong Kong
After profiting a lot, my application for withdrawal was declined with the reason of wrong bank number.I was asked to pay 10% margin money to withdraw money.I was declined again with the reason of less-than 100 credit score and asked to deposit 35,200 in the platform.As I did so,it succeeded.I received a call from Hong Kong saying that I need to deposit 50,000 yuan to ensure the fund to my account.But the fund still hasn’t arrived.When I inquired if,I was told that a portion of my fund was stuck in the channel because of abnormal trade.Only by depositing 24,800 into the account, can the fund be abnormal.It is an absolute fraud platform.With upholding the banner of high profit,it induces investors to deposit money again and again .I have called the police.Hope you avoid being cheated.
Exposure
2019-08-21
FX9669673574
Hong Kong
The money I deposited would arrive instantly. I applied for a withdrawal, but nothing happened after a day. They told me it would just take 2 hours. The service is cooling me.
Exposure
2019-01-16
FX9249301067
Hong Kong
2018/9/26, JinDao has permanently disabled my MT4, MT5, GTS accounts for no reason. I have been trade since April 2016 until 2018/9 months. The accounts were still in normal use, with a total loss of 700,000 yuan. Now, my accounts were disabled with any notice. I can't find any transaction records with losses before. I hope that JinDao will give me an explanation.
Exposure
2019-01-16
FX3119859718
Hong Kong
JinDaofroze my account for no reason. I contacted the customer service personnel, and they still don't recognize that is their account. They said they could not find the account. Aren’t the emails that informed the money were successfully deposited into the account sent by them? If the platform changes its name, it will not recognize the former clients, and it is too irresponsible. I hope FXEYES can expose them.
Exposure
2018-11-21
FX6009685181
Hong Kong
JinDao is a scam. I can’t withdraw on it. They produced some video-verification shit to prevent me from withdrawing. This is a scam!
Exposure
2018-11-17
FX3639864874
Hong Kong
I was induced by their agent to invest in their platform from June to October. They promised me a 100% profit. But I lost a lot after then. Those so-called instructors deliberately gave me wrong directions. I contacted the platform, who said I am not their client at all. This is a scam.
Exposure
2018-12-03
不忘初心--工艺礼品专供
Hong Kong
My account was banned after I made an inquiry about my money flow in JinDao. I still have money in it. Scam.
Exposure
2018-12-04
FX3219587820
Hong Kong
kindo permanently suspended my MT4,MT5 and GTS account for no reason on September 26, 2018/9/26. Since my operation in April 2016 till now, my account is still in normal use with a total loss of RMB 700,000. Now my account is suspended without any sign, and I cannot check any transaction records of previous losses.
Exposure
2018-10-17