JSA

John Stewart and Associates (JSA) is a US-based agricultural hedging and risk management firm that operates through the website jpsi.com. According to our records, the firm was registered in the United States on October 29, 2020. However, the company's own website states a history dating back to 1976, beginning as John P. Stewart, Inc. JSA positions itself as a broker and consultant for commercial agricultural clients, including grain producers, processors, and biofuel manufacturers.

JSA is not a retail forex or CFD broker; rather, it focuses on commodity futures, options, and swaps for hedging purposes. The firm claims to have branch offices across major US corn belt states and offers team-based consulting for price risk management.

In our cross-check of regulatory records, JSA does not hold any license from a financial regulator. This is a significant caution for potential clients, as the absence of regulation means there is no independent oversight of the firm's operations. FXCanary's risk score for JSA is 48 out of 100 (Guarded), reflecting this lack of regulatory status along with limited publicly available information.

Traders should be aware that unregulated entities offer no recourse through a financial ombudsman or compensation scheme. This does not necessarily imply fraudulent activity, but it does increase the need for due diligence before engaging with the firm.

JSA's core offering is brokerage services for agricultural commodity hedging using futures, options, and swaps. The firm also provides consulting services for risk management without trade execution. Key instruments mentioned include grain futures, options on futures, and over-the-counter swaps for commodities such as corn, soybeans, wheat, and biofuels.

According to the website, JSA also publishes market research, including the Market Views newsletter and proprietary data, and offers a mobile app called JSA Today for instant market analysis, quotes, and trade notifications.

JSA's website does not detail specific account types or minimum deposit requirements, as the firm caters to commercial clients rather than retail investors. The focus is on relationship-based consulting and brokerage services. Clients appear to be onboarded through a contact form and direct communication with the team.

The firm mentions a 'JSA Select Pricing' marketing tool for producers, but no further specifications are provided on account tiers or trading conditions.

JSA offers a proprietary mobile app called JSA Today, which provides market analysis, expert commentary, commodity quotes, USDA and weather reports, and trade notifications. The app is available for registration on the firm's website.

For desktop-based services, JSA likely uses industry-standard futures trading platforms, though no specific names are mentioned on the website. The firm emphasizes telephone contact and email communication for strategy advice and market updates.

JSA does not publicly list funding methods or withdrawal processes, as these would typically be handled on a client-by-client basis for commercial accounts. The firm provides a contact form, email (info@jpsi.com), and a toll-free phone number (877-842-2777) for inquiries.

Branch offices are located across the US, and the website encourages potential clients to reach out for a discussion of their hedging needs. No 24/7 support or live chat is mentioned.