Score

1.35 /10
Danger

JETbitX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index5.79

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

JETbitX · Company summary

JETbitX

Basic Information
Registered Countries N/A
Regulation No License
Minimum Deposit $250
Maximum Leverage 1:500
Minimum Spread From 0.0 pips
Trading Platform JETbitX WebTrader
Trading Assets Forex, Digital Currencies, Indices, Shares, Commodities
Payment Methods VISA, MasterCard, Maestro, Wire Transfer
Customer Support Email, Telephone

General Information

JETbitX says it is an online trading broker giving their clients access to a series of trading instruments, including Forex, Digital Currencies, Indices, Shares, Commodities. With the JETbitX platform, investors are given the flexibility of choosing from three types of trading accounts, Base, Advanced and Pro, with the minimum deposit to open an account starting at $10,000.

JETbitX does not disclose who operates it and it is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.04/10. Please be aware of the risk.

wikifx

Market Instruments

Clients are provided the access to a wide selection of trading instruments, including Forex, Commodities, Stocks, Indices, and Digital Currencies.

Account Types

Base accounts, Advanced accounts and Pro accounts are available options for both retail and professional clients. The minimum deposit amount specifies the account type, with the Base account from $10,000, the Advanced account from $100,000, the Elite account from $25,000.

Some account features include 6/24 customer support, an education center, daily market review, pro webinars, price alerts, daily analysis video, and more.

account-types

Bonuses

JETbitX provides two kinds of bonuses: Welcome Bonus and Referring Bonus.

Welcome Bonus: 10%-15% bonus of the first deposit

Referring Bonus: 15%-20% bonus of your friends deposit

Leverage

When it comes to leverage, JETbitX provides its customers with access to 1:500, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

What JETbitX provides is not the MT4 OR MT5 trading platform, a proprietary trading platform called JETbitX Webtrader. This trading platform provides a rich, user-friendly interface in a fully customizable trading environment, free to access via the web and very easy to get familiar with.

trading-platform

Payment Methods

The minimum deposit is $250, and deposits can be done through VISA, MasterCard, Maestro, and Wire Transfer.

Customer Support

Clients who have any inquiry or trading-related issues can get in touch with this broker through the following contact channels:

Phone: +16044048206

Email: support@jetbitx.com

Working Hour: 08:00- 18:00

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.

Pros & Cons

Pros Cons
Flexible trading account options No regulation
Wide selection pf High minimum deposits
Weak trading platform

Frequently Asked Questions

What items can I trade with on JETbitX

JETbitX offers access to Forex, Commodities, Stocks, Indices, and Digital Currencies.

What is the minimum deposit required by JETbitX?

The minimum deposit to starting trading with JETbitX is $250.

What is the maximum leverage available?

The maximum trading leverage that is available on the JETbitX platform is up to 1:500.

User Reviews

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进发酒店食材-何代法
more than one year
Don’t trade with young-established and unregulated broker. They are gonna hurt you so much. This Jetbitx kept calling me, but I ignored. I know clearly that they are liars.
Don’t trade with young-established and unregulated broker. They are gonna hurt you so much. This Jetbitx kept calling me, but I ignored. I know clearly that they are liars.
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2022-12-05 18:31
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茗厚
more than one year
Seriously, the trading platform is not working. When will MT4 and MT5 be supported? If the day comes, I think I will come back. But at least for now, I don't want to trade anymore. I'm not making much money anyway.
Seriously, the trading platform is not working. When will MT4 and MT5 be supported? If the day comes, I think I will come back. But at least for now, I don't want to trade anymore. I'm not making much money anyway.
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2022-12-05 17:35
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