About JDR SECURITIES
Company Overview
JDR Securities Limited, trading as JDR Securities, is a forex and CFD broker founded in 2021. The company is registered at Beachmont Business Centre 256, Kingstown, St Vincent and the Grenadines. Despite having an Australian presence, JDR Securities operates with a small team and lists zero employees in its disclosure. The broker targets both beginner and experienced traders, offering a range of account types and educational resources through its partnership with FTH Asia.
Regulation and Licensing
JDR Securities holds an Australian Securities and Investments Commission (ASIC) license (no. 428015) for Market Making (MM) activities. ASIC is a reputable regulator, though the broker’s registered address in St Vincent and the Grenadines may raise questions about its primary jurisdiction. The company also mentions regulation by the FSP, but no FSP license details are publicly available in the provided data. Traders are advised to verify the license status on the ASIC register.
Account Types
The broker offers two live account types: Standard and Pro. The Standard account requires no minimum deposit and features spreads from 1.0 pip with no commission. The Pro account also has no minimum deposit, but offers spreads from 0 pip with a commission of $7 per standard lot round turn. Both accounts have a maximum leverage of 1:30, though the company advertises leverage up to 1:400 elsewhere. Demo accounts are available for practice.
Trading Instruments and Platforms
JDR Securities provides trading in forex, indices, and commodities. The exact number of instruments is not disclosed, but the company emphasizes a user-friendly client portal dashboard. The broker does not specify whether it offers MetaTrader 4 or 5, but positive reviews mention a web-based platform and charting tools. Execution speed is highlighted as fast by several users.
Deposits and Withdrawals
Funding methods include Neteller, Skrill, and bank transfer. There is no minimum deposit to open a live account, and the broker also accepts USDT (TRC20) digital payments as noted in user reviews. Withdrawal methods mirror deposit options. While some users report fast withdrawals, a significant number of complaints allege delays and unauthorized fund reversals.
Leverage and Spreads
The broker advertises leverage up to 1:400, though the account specifications show a maximum of 1:30. Spreads start from 1.0 pip on the Standard account and from 0 pip on the Pro account (plus commission). All user reviews on spreads and fees are positive, indicating competitive pricing.
Educational and Additional Services
Through its educational partner FTH Asia, JDR Securities offers free basic training to new traders. The broker also promotes a PAMM (Percentage Allocation Money Management) program, allowing clients to have their funds managed by professional traders. Positive reviews highlight the helpfulness of account managers and regular updates on trading performance.
Overview compiled by FXCanary from regulatory records and public data. full JDR SECURITIES review