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Abstract:When considering a forex broker, it’s crucial to conduct thorough research to ensure your investments are secure. One broker that has recently come into the spotlight is Jetafx. Here’s what you need to know about this relatively new player in the forex trading market.
About Jetafx
Jetafx is an online broker based in China, founded within the past year. Jetafx offers diverse financial instruments, including forex, stocks, commodities, ETFs, bonds, and Mutual Funds, providing traders with abundant investment opportunities.
Regulatory Status
Jetafx is an unregulated broker that WikiFX has marked as “a suspicious scope of business.” Investing in an unregulated broker is risky, so traders should remain cautious when dealing with them.
Trading Platform
Jetafx supports both the MetaTrader 5 (MT5) and the Webtrader platform, integrating a variety of trading instruments including Forex, metals, Stocks, Indices, Commodities, and cryptocurrencies.
Trading Accounts
Jetafx offers a variety of account types tailored to meet the needs of different traders:
Pro Account: Ideal for experienced traders, the Pro Account offers ultra-low spreads, leverage up to 1:500, and transparent commission-based pricing. It's designed to optimize trading strategies under ideal market conditions.
Zero Account: Designed for beginners, the Zero Account features a low $0.03/1k lot commission, no minimum deposit requirement, and super-tight spreads from top liquidity providers. It provides a risk-free trading environment with swap-free trading and leverage up to 1:2000.
Cent Account: Perfect for novice traders, the Cent Account allows trading with reduced capital requirements. It offers cent lots (0.01 standard lots) for lower margin rates, commission-free trading, and competitive spreads, making it accessible for traders of all levels.
Premium Account: The Premium Account is suitable for retail traders seeking flexibility and features. It offers commission-free trading with spreads starting from 1.2 pips, unrestricted access to tight spreads via MT5 and Webtrader platforms, and no minimum deposit requirement.
Customer Support
The customer support team at Jetafx offers round-the-clock assistance, available 24/5. They can be contacted via email and phone. The traders can reach them by sending an email to their email address. In addition, users can also call them directly through the phone number.
Conclusion
Jetafx offers a special trading experience with a wide range of financial instruments and account types tailored to suit various trader preferences. However, we dont suggest you invest in this broker as it is unregulated and has been given a low score by WikiFX. Users need to do more research before making a decision.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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