JD Trader (jdnx.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 3 74 Taharoto Road Takapuna Auckland 0622 New Zealand; Unit 30-1 Level 30 Mof Inc Tower No 9 Persiaran KLCC 50088 Kuala Lumpur This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.jdnx.com.
My card was charged twice by JD Trader (jdnx.com) on the same day. I had to dispute it with my bank. JD Trader (jdnx.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Regular updates|Demo account available|Risk management tools|Great customer service
Cons: Spreads widen during volatile periods|Website design could be more modern
Where do I even begin with JD Trader (jdnx.com)? since last summer of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Multi-device support|Fast deposits|Clean UI|Clear documentation
Cons: Nothing significant|Live chat only during business hours
After since early this year with JD Trader (jdnx.com), 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: Multi-currency support|Demo account available|Instant funding|Quick verification
Cons: Some tools only available on higher tiers|Minor UI glitches occasionally
The reporting at JD Trader (jdnx.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Portfolio tracking tools|Intuitive for beginners|Demo account available
Cons: Some tools only available on higher tiers|Slow to add new assets
The only good thing about JD Trader (jdnx.com) 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: Fast deposits|Dedicated account manager|Intuitive for beginners
Cons: Website design could be more modern|Alert system is basic
I lost a significant amount because JD Trader (jdnx.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Quick verification|Intuitive for beginners|Clean UI|Good mobile app
Cons: Research section could be deeper
After since I retired last year with JD Trader (jdnx.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: No hidden fees|Dedicated account manager|Multi-currency support
Cons: Spreads widen during volatile periods
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. JD Trader (jdnx.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Instant funding|Good mobile app|Customizable dashboard
Cons: Limited demo account features