JINKRA Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-11 10:40

Abstract：JINKRA is a forex and CFD broker registered in the UK, offering trading through MT5 platforms, including forex, precious metals, commodities, and CFDs. Demo account is available and the minimum deposit provided is $500, which is quite high. Besides, JINKRA operates without regulatory oversight from any reputable financial body.

　　Note: JINKRA's official website - https://jinkraltd.com/ is currently inaccessible normally.

JINKRAReview Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, precious metals, commodities, and CFDs
Demo Account	✅
Leverage	Up to 1:200
Spread	/
Trading Platform	MT5
Min Deposit	$500
Customer Support	Email: support@jinkraltd.com

　　JINKRA is a forex and CFD broker registered in the UK, offering trading through MT5 platforms, including forex, precious metals, commodities, and CFDs. Demo account is available and the minimum deposit provided is $500, which is quite high. Besides, JINKRA operates without regulatory oversight from any reputable financial body.

Pros and Cons

Pros	Cons
Various trading options	Inaccessible website
Demo accounts	Unregulated status
MT5 supported	Unclear fee structures
Popular payment options	High minimum deposit
	Only email support

Is JINKRA Legit?

　　No, JINKRA is not regulated currently. Please be aware of the risk!

What Can I Trade on JINKRA?

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Precious metals	✔
Commodities	✔
Indices	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　JINKRA offers two account levels that traders can upgrade to. Account type including Standard and VIP accounts. Moreover, there is a demo account to practice with virtual assets.

Account Type	Min Deposit
Standard	$500
VIP	$500

Leverage

　　JINKRA provides a maximum leverage of up to 1:200 for the Standard account, which is solid and suits almost all trading styles.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, web and mobile (iOS and Android)	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

　　JINKRA accepts various payment methods, including major Wire Transfer, MasterCard, VISA, Maestro, and e-wallet processors like Skrill, Neteller, and PayPal. Specific details regarding deposit and withdrawal fees, as well as the processing timeframes are not clear.