Edward Jones FX Review: High Risk (Suspected Fraud)

Edward Jones FX Overview

Edward Jones FX is Foreign exchange swapa forex brokerage firm that was registered and established in the United States on September 11, 2013. It primarily provides forex trading services to investors, with its corporate headquarters located in Tokyo. The registered entity in the United States is Edward Jones FX Ltd, with an address at 1801 Wewetta Street, Suite 1140, Denver, CO 80202, US, and a corporate registration number of 20231942770.

Domain Registration of Edward Jones FX

According to the Whois query results, the broker's official website domain was registered on December 11, 2023. As of December 14, 2023, it has been registered for only three days.

Is Edward Jones FX legit or a scam? Does Edward Jones FX have any regulatory licenses?

The entity is registered solely as a non-member with the National Futures Association (NFA) in the United States and lacks authorization or regulation from any other official financial regulatory body. It's worth noting that the NFA does not provide regulatory oversight for non-member entities. According to information publicly disclosed on its official website, Edward Jones FX is presented as the Japanese branch of Edward Jones Co., Ltd, with a stated address at Roppongi Hills Mori Tower, 43rd Floor, 6-10-1 Roppongi, Minato-ku, Tokyo. However, the company's details are not retrievable on the official website of the Japan National Tax Agency.

Furthermore, it was discovered that the broker's name and logo design closely resemble those of the well-known American investment firm Edward Jones. The official Edward Jones website indicates that the company operates branches exclusively in the United States and Canada, with no disclosure of any branches in Japan. This raises suspicions of potential fraudulent activities by the broker.

Employees of Edward Jones FX

Traderknows was unable to find any information about the company's team members on public networks.

Trading Software Provided by Edward Jones FX

Although the broker asserts on its official website to offer investors both desktop and mobile trading platforms, it fails to disclose specific details about these platforms. Additionally, there are no provided download links, and the presented icon options are non-clickable.

Trading Products Provided by Edward Jones FX

The official website of Edward Jones FX introduces its primary focus on providing forex trading services to investors. However, specific details about trading accounts, such as trading leverage, spread, minimum deposit amount, maximum/minimum trade volumes, maximum position size, additional margin requirements, stop-loss margin levels, overnight interest rates, and trading commissions, are not provided.

Contact Information

Investors can contact Edward Jones FX through phone.

Conclusion

Edward Jones FX is a forex scam platform, and the broker has not obtained any authorization or effective regulation from any official financial regulatory authority. Currently, the broker is flagged as "Suspected Fraud" on Traderknows. We warn you that Edward Jones FX is an extremely high-risk forex broker. Please stay away from this platform to avoid potential loss of personal assets.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

Very good!（63）