Brokers  /  JSQH

JSQH

Severe risk
🇨🇳 China · 5-10 years · since 2020-01-06 · 晋商期货
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot/5
Forex Peace Army/5
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No sign that JSQH actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal name晋商期货
Headquarters🇨🇳 China
Founded2020-01-06
Years operating5-10 years
Employees0
Official websitezhishu.51hexun.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

JSQH presents a severe risk profile due to its complete lack of regulatory oversight and minimal public information. The company's Chinese registration and absence of verifiable trading services make it unsuitable for safe forex or CFD trading. Traders should avoid this entity entirely.

Not for
  • Traders seeking a regulated broker
  • Anyone concerned with fund security
  • Beginners or low-risk investors
Period:

Real user reviews

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About JSQH

Company Overview

JSQH is registered in China with an official domain of 51hexun.com. The company was founded on 6 January 2020, but publicly available information about its operations, services, and corporate structure remains extremely limited.

Based on its registration details, JSQH operates from China, a jurisdiction known for stringent capital controls and where retail forex brokerage is restricted to licensed entities. However, no regulatory licences or authorisations have been identified for JSQH in any jurisdiction.

Regulatory Status

Our research found no regulatory oversight for JSQH from any financial authority. The absence of a verifiable licence is a significant concern, as regulated brokers are required to meet minimum capital requirements, segregate client funds, and adhere to conduct standards.

Traders should be aware that unregulated entities offer no recourse through financial ombudsman schemes or compensation funds. FXCanary's Scam Risk Score for JSQH stands at 85 out of 100, indicating a severe risk profile.

Products and Services

Due to the lack of an operational website or marketing materials, the specific products and services offered by JSQH cannot be confirmed. It is unclear whether the entity provides forex trading, CFDs, cryptocurrencies, or any other financial instruments.

The limited information available prevents a meaningful assessment of trading platforms, account types, or available markets. Potential clients should exercise extreme caution and seek clarity directly from the entity before engaging.

Client Funds and Security

No information is available regarding how JSQH handles client funds. Regulated brokers typically segregate client money in separate accounts and participate in compensation schemes; however, without regulatory oversight, such protections cannot be assumed.

Traders considering JSQH should be aware that unregulated entities may misuse client deposits and offer no legal protection in the event of disputes or insolvency.

Deposits and Withdrawals

The methods for depositing and withdrawing funds with JSQH are unknown. Reliable brokers provide transparent information about payment channels, fees, and processing times.

The absence of such details is a red flag, as it may indicate that the entity does not follow standard financial practices or cannot be trusted with client assets.

Customer Support and Transparency

Contact information for JSQH's customer support is not readily available. A reputable broker provides multiple channels of communication, including live chat, email, and phone support.

The lack of transparency around the company's physical address, management team, and ownership structure further erodes confidence. Traders are advised to avoid entities that are not forthcoming with basic corporate information.

Target Audience

Without clear information about JSQH's services, it is impossible to determine its intended client base. The high scam risk score suggests that the entity may target unsophisticated or high-risk-tolerant traders.

Given the severe regulatory and transparency concerns, this broker is unsuitable for any trader seeking a safe and regulated trading environment.

Overview compiled by FXCanary from regulatory records and public data. full JSQH review