JOJO MARKETS Review

About JOJO MARKETS

JOJO Markets claims to be incorporated in the British Virgin Islands under company number 2014784; however, no corresponding entry is found in the BVI Financial Services Commission registry, indicating absence of regulation by that authority. The broker’s website (jojoex.com) has become inaccessible and appears to be suspended, further undermining its operational legitimacy. Source:

Multiple regulatory and consumer-safety platforms classify JOJO Markets as a high-risk or scam operation. WikiFX lists it as a “Ponzi Scheme” with expired or nonexistent licenses, labels it a “Scam Broker,” and notes that its claimed regulatory license is suspicious or unauthorized. Users have reported severe withdrawal difficulties and inaccessible customer support. Source:

An on-site investigation conducted in Manchester at the broker’s purported registered address, 1 Portland Street, confirmed the absence of any physical presence or signage of JOJO Markets at that location, reinforcing doubts about its legitimacy. Source:

Pros and cons

Pros

• No verifiable facts supporting regulation, safety measures, or legitimate operation—no pros identified.

Cons

• No valid regulatory oversight; incorporation claims unverified by BVI FSC. ()
• Website unavailable or suspended, impeding access to any service or information. ()
• Listed as “Scam Broker” and “Ponzi Scheme” with expired licenses and high-risk classification. ()
• Numerous user reports of withdrawal issues, account restrictions, slippage, and lack of support. ()
• No physical office found at claimed registered address in Manchester, indicating possible misrepresentation. ()