Score
SJFX
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Website
Rating Index
Contact
Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
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Verified Site
shinejoinmarkets.com
23.20.239.12Server LocationUnited States
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
Company Profile
Review summary
Since Shinejoin Marketss official website (https://shinejoinmarkets.com/) no longer works, we could only piece together the rough picture of this brokerage house by gathering some relevant information from other websites.

General Information
Registered in the Saint Vincent and the Grenadines, Shinejoin Markets presents itself as a forex broker providing trading-related service. Shinejoin Markets has mentioned nothing about he company behind it, even its name. There is no contact number either, only an address in Saint Vincent and the Grenadines (SVG), an offshore place where forex brokers are not regulated.
Of course, Shinejoin Markets is not subject to any regulation to show it operates legally. Please be aware of the risk.
Minimum Deposit
Shinejoin Markets seems to offer all investors one Standard account, with the minimum deposit to open this account not disclosed.
Leverage
Shinejoin Markets allows its clients to use leverage of up to 1:100, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Spreads & Commissions
Actually, Shinejoin Markets does not disclose its trading conditions offered. The only thing mentioned on SJFX‘s website is a spread from 0.7 pips on EUR/USD pair, which proved to be incorrect. Through the demo account on the MT5 trading platform, the spread on the EUR/USD was fixed at 3 pips, which is significantly higher than the industry’s average.
Trading Platform
Shinejoin Markets provides access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.

Customer Support
As an unregulated offshore forex broker, Shinejoin Markets provides the poor customer service, and clients with any inquiries or trading-related issues can only get in touch with this broker through an email: support@shinejoinmarkets.com.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
Wiki Q&A
Is SJFX safe and reliable?
SJFX is not considered safe or reliable from a regulatory standpoint. According to WikiFX data, the broker holds a core score of 1.58, which is very low. It operates without a valid forex trading license from any major financial authority, meaning there is no regulatory oversight or investor protection. Traders face a high-risk profile.
Is SJFX regulated?
No, SJFX is not regulated. It does not hold any licenses from recognized regulators such as the FCA, ASIC, or CySEC. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction that does not require forex brokers to obtain a financial services license.
What is the minimum deposit of SJFX?
The minimum deposit for SJFX is not publicly disclosed. Prospective traders should contact the broker directly or check the account opening page for this information.
Does SJFX support MT4 or MT5?
There is no publicly available information indicating whether SJFX supports MetaTrader 4 or MetaTrader 5. Traders are advised to verify with the broker's customer support.

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