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CFDInterbank -Overview of Minimum Deposit, Spreads & Leverage

JETbitX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-03 14:29

Abstract:JETbitX is a broker which focuses on the forex, digital currency, indices, shares, and commodities markets. It uses a web-based trading platform, with a minimum deposit of $250 and a maximum leverage of 1:500. However, it should be noted that this company is not regulated, and potential risks still exist.

  Note: JETbitX's official website - https://jetbitx.com is currently inaccessible normally.

JETbitXReview Summary
Founded/
Registered Country/RegionChina
RegulationNo regulation
Market InstrumentsForex, Digital Currencies, Indices, Shares, Commodities
Demo Account/
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformWebTrader
Min Deposit$250
Customer SupportWorking hour: 08:00 - 18:00
Tel: +1 6044048206
Email: support@jetbitx.com

  JETbitX is a broker which focuses on the forex, digital currency, indices, shares, and commodities markets. It uses a web-based trading platform, with a minimum deposit of $250 and a maximum leverage of 1:500. However, it should be noted that this company is not regulated, and potential risks still exist.

Pros and Cons

Pros Cons
Diverse tradable assetsInaccessible website
Multiple account typesLack of regulation
Popular payment optionsNo MT4 or MT5
High minimum deposit

Is JETbitX Legit?

  No, JETbitX is not regulated by the financial services regulatory authority in its registration site. Therefore, please be aware of the potential risks, and consider carefully before investing.

No license

What Can I Trade on JETbitX?

  JETbitX provides different types of products, including forex, digital currencies, indices, shares, and commodities.

Tradable Instruments Supported
Forex✔
Digital Currencies✔
Indices✔
Shares✔
Commodities✔
Bonds❌
Options❌
ETFs❌

Account Type

  JETbitX provides 3 types of accounts, including Pro, Base, and Advanced.

Account TypeMin Deposit
Pro$250,000
Base$10,000
Advanced$100,000

Leverage

  JETbitX leverage up 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

  JETbitX uses a web-based platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
WebTrader✔PC, web/
MT4❌/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

  JETbitX accepts VISA, MasterCard, Maestro, and Wire Transfer as payment methods, and the minimum deposit is $250.

Related broker

No Regulation
JETbitX
Company name:JETbitX
Score
1.41
Website:https://jetbitx.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.41

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