General Information & Regulation
JDR Securities is an online broker offering various financial products through the MT4 trading platform. DXB Market is registered in UK, and it holds an Appointed Representative (AR) license authorized from AISC in Australia, with regulatory license number: 001292155.
Market Instruments
Tradable financial instruments available on the JDR Securities platform include currency pairs, indices, commodities and crypto currencies.
Minimum Deposit
JDR Securities doesnt have a minimum deposit requirement. This is really surprising. Although this is a good news, given the fact that DXB Market is an unregulated broker, traders are not advised to register real trading accounts here.
Leverage
The maximum leverage you can get with JDR Securities is 1:400, which is too high. Such a high leverage ratio can wipe out all of your earnings and even put you in debt quickly.
High leverage is usually a sign of a scam. This is why financial regulators restrict their brokers on how much leverage they can offer to their clients. For example, the UK-based regulator FCA doesnt allow its brokers to offer a leverage ratio higher than 1:30.
Spreads & Commissions
JDR Securities advertises that its spreads start from 0.0 pips, but does not specify its detailed spreads on particular instruments.
Trading Platform Available
JDR Securities offers its traders the white lable MetaTrader 4. Some of the highlights of MT4 are the option to use automated bots, code base with custom scripts, and numerous trading signals. However, many shady brokers try to use the pristine reputation of MetaTrader platforms to appear reliable. It seems to me that JDR Securities is using the same tactic here.
Deposit & Withdrawal
JDR Securities accepts traders to fund their accounts through Wire Transfer, POLi, Skrill ( 2% fees), Neteller (2% fees), Alipay (2% fees), Dragonpay. For withdrawal, traders are allowed to withdraw funds through Wire transfer (1-2 business day), Skrill (2% fees), Neteller ( 2% fees) and Dragonpay.
Customer support
The JDR Securities customer support can be reached through telephone: +64 9 888 8547, as well as email: service@jdrsecurities.com. JDR Securities address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent and the Grenadines.
