Janamonie has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
What really bothers me about Janamonie is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a review site like this one and I fell for the polished exterior. Never again.
Pros: Dividend tracking|Tax reports included
Cons: Some tools only available on higher tiers
Janamonie seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Detailed reporting|Stable platform|Fast execution|API access
Cons: Currency conversion fee exists|Alert system is basic
I closed a profitable position at Janamonie and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Regular updates|Demo account available|Segregated accounts
Cons: Could offer more webinars|Alert system is basic
I am in a dispute with Janamonie over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Full transparency|Excellent charting|Comprehensive tools
Cons: Website design could be more modern|Research section could be deeper
I was contacted by Janamonie through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
The only good thing about Janamonie is that they remind you why regulation matters. I found them after doing extensive research. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Instant funding|Detailed reporting
Cons: No integrated tax optimization
After since early this year with Janamonie, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Helpful community forum|Segregated accounts|Fast execution
Cons: Limited ETF selection
I had a dispute with Janamonie and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Low minimum deposit|Multi-currency support
Cons: Could offer more webinars
Janamonie advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: High security standards|API access|Tax reports included|Risk management tools
Cons: Desktop app not available on Linux|Currency conversion fee exists
I opened an account with Janamonie since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Transparent fees|Helpful community forum|API access
Cons: Alert system is basic