This Jupiter Global Markets review will analyze the broker’s operations, focusing on red flags and tips for recovering lost funds if scammed.
Jupiter Global Markets Broker Overview
- Website: https://jupiterglobalmarkets.com/
- Website Availability: YES
- Headquarters Country: Saint Lucia
- Owned By: JUPITER GLOBAL MARKETS
- Blacklisted by: Not recommended by the review website like Fraud Recovery Experts
- Domain Age:
- Name: JUPITERGLOBALMARKETS.COM
- Registry Domain ID: 2928149017_DOMAIN_COM-VRSN
- Registered On: 2024-10-24T08:36:56Z
- Expires On: 2026-10-24T08:36:56Z
- Updated On: 2024-10-25T09:51:31Z
Jupiter Global Markets markets itself as a forex trading platform that offers a variety of account types and trading instruments. The company claims to be providing state-of-the-art liquidity solutions and exceptional trading experience with features such as no commissions, up to 1:500 leverage, and access to over 2,000 global shares.
Absence of Regulatory Information
Nonetheless, an important concern is the apparent absence of any regulatory framework. Generally, respectable brokers are to be found registered with well-known financial authorities and working under the parameters of their regulations whilst also providing protection to their investors. The absence of regulatory information about Jupiter Global Markets therefore creates a question on its authenticity and the protection of its clients’ funds.
Warning Signs and User Complaints
More alarming signals arise from user reviews and analysts. To cite some, BrokerChooser and Traders Union have aired doubts regarding the legitimacy of the platform and cautioned potential investors. This concern is further heightened by ongoing reports of user complaints regarding the operations of the platform.
Recently Registered Domain
To add to that, the domain of the platform was registered on October 24, 2024, which means its activity has been very recent. In service provision, new domains are often subjected to deeper scrutiny since they lack a reputable being.”
Therefore, in light of all these factors- missing regulatory information, negative user feedback, and the platform being new potential investors should remain cautious of Jupiter Global Markets. They ought to carry out in-depth due diligence and consider trading with more credible, regulated brokers to ensure their investments’ security.
Avoid These Popular Online and Financial Scams
Scammers have various ways to get into the minds of people and take away money from them. Here’s the list of scams:
- WhatsApp Scams: Scammers pretend to be officials, friends, or investment consultants. Their task is to lead the victim to invest in fake schemes or attempt phishing.
- Telegram Scams: Scammers create bogus groups and pose as real businesses to promote fraudulent investments, fake giveaways, and Ponzi schemes.
- Ponzi Scams: Their promise is of high returns and low risk, which is paid by new investors to earlier ones until the scheme collapses.
- NFT Scams: Scammers create bogus NFT projects, artificially inflate the price of NFTs, or simply dupe buyers into purchasing worthless digital collectibles.
- Amazon Scams: Fake Amazon representatives trick users into leaking personal details via fake order confirmation emails, refund scams, or phishing websites.
Is Jupiter Global Markets Broker Legitimate?
Using the following aspects, we try to confirm the legitimacy of Jupiter Global Markets Broker:
- Regulation Status: Legitimate brokers are regulated by the SEC, FCA, or ASIC. The lack of regulatory information is a big red flag.
- User Reviews and Complaints: Complaints from dozens of investors regarding lost funds and withdrawal issues point to scamming.
- Transparency and Credibility: Lack of company data, hidden fees, and misleading terms are signs of fraud.
How to Get Funds Back from Jupiter Global Markets Broker?
If you got scammed by Jupiter Global Markets Broker, these steps might help you recover your funds:
- Report to Your Bank or Payment Provider: Refer to transactions made without your permission and file a chargeback request.
- Collect All Evidence: All communications, transaction receipts, and screenshots should be consolidated as proof of the scam.
- Complaint Registration with Financial Authorities: Report the scam to the regulator within your country.
- Consider Seeking Professional Help: Recovery experts can follow the money trail and launch a lawsuit against the fraudulent brokers.
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New fraudulent schemes targeting traders are something we are constantly keeping an eye on across the internet. Having gathered data on scam brokers for over ten years, we hardly can think of any other untrustworthy company in the market. Information about the scammers is provided below from our List of SCAM Brokers.
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