JRR Corp: customer reviews of the company’s performance in 2022

• Categories: CFD-Brokers

JRR Corp: reviews of participants about the company’s work in 2022

JRR Corp is a brokerage firm that has been providing services internationally since 2019. The organization promises its clients safe and profitable trading opportunities. At first glance, the company may seem trustworthy, but traders’ reviews indicate the deceptive nature of this initial impression.

To conduct a comprehensive analysis of JRR Corp’s commercial offer, verify the broker’s legal basis, and make a final decision, we recommend thoroughly studying the information exclusively on official resources and resources with valid data.

What is known about JRR Corp?

According to the company’s statements, the managers of JRR Corp consist of experts who understand users’ desires in the trading sphere. However, there is a lack of transparency in the names of the company’s top management, creating uncertainty regarding accountability for potential financial risks. Upon deeper examination of internal documents, it becomes clear that the company does not provide earnings guarantees.

It should be noted that JRR Corp claims to have started its activities in 2019 and aims for ambitious development plans. However, the jrr-corp.com domain was registered in 2014, raising questions about the timing of the website launch compared to the company’s actual inception.

According to Internet archives, the company’s website remained inactive for a long time. This suggests that this project may have been launched quite recently.

The address and phone number listed on the website turned out to be fake. The only means of contact is through email, but there is a risk of this information being used to collect users’ personal data.

Regulation of the broker’s activities

JRR Corp claims to be registered in the UK (123 Norfolk St, Sheffield S1 2JE). The actual location of the specified address in Sheffield City Centre is not related to the office of this company.

The company’s platform indicates the presence of licenses in several jurisdictions, including:

• UK,
• Belize,
• Republic of Mauritius.

The license numbers were found to be fake when checked against the UK legal entities database. This situation indicates the unreliability of claims regarding the regulation of the broker’s activities.

In CIS countries, such as Russia, Kazakhstan, etc., JRR Corp operates without complying with the legislation, as evidenced by the lack of genuine licenses. Despite the absence of direct blocking by regulatory bodies due to the company’s short existence, negative reviews and complaints could lead to subsequent measures.

Trading opportunities on the platform

JRR Corp offers its proprietary trading platform, available for both PC and mobile devices. To start trading on this platform, it is necessary to deposit funds into the account. The platform offers various tariff plans:

• Starter: minimum deposit of $1,000. Features include leverage of 20x, instant trade execution.
• Experienced: starting deposit of $25,000. Includes 1:50 leverage, no swaps, PAMM investment option, trading in metals and cryptocurrencies.
• Professional: requires a minimum deposit of $50,000. Characterized by leverage up to 1:100, access to trading stock indices and ETFs, insurance coverage, and account manager services.

User reviews indicate that the fraudulent broker does not allow users to earn and withdraw profits, using various excuses and technical errors to deplete users’ deposits.

Despite the company’s short operating period, JRR Corp already has many reviews highlighting their dishonest practices and violations.

Overall conclusion about the company

Collaborating with JRR Corp poses a danger to your budget. The company is fraudulent and designed to carry out fraudulent activities to enrich themselves at the expense of trusting clients. Their scam scheme primarily targets newcomers who usually do not verify official documents or study real customer reviews. Do not fall for their tricks!