JadeForex Forex Broker

JadeFOREX Review SummaryFounded2021Registered Country/RegionSeychellesRegulationNo regulationMarket InstrumentsForex, Precious Metals, and EnergyDemo Account/LeverageUp to 1:200EUR/USD SpreadFrom 0.8 pips (Standard account)Trading PlatformcTrader (Windows PC, Mac PC, iPhone, iPad, Android, etc.)Copy Trading✅Minimum Deposit1,000 JPYCustomer SupportContact formEmail: support@jade-forex.comAddress: Nobel Capital Group Limited of Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles.Social media: Twitter, LineJadeFOREX Information JadeFOREX is a forex trading platform operated by Jade Belfort Limited. It was established in April 2021, with its headquarters located in Seychelles, and its business license number is IBC: 227736. This platform is committed to providing online foreign exchange margin trading, precious metals trading, and energy trading services for individual, corporate, and institutional investors. It adopts the No Dealing Desk (NDD) model, offering customers a stable and high-quality trading experience.Pros and ConsPros Cons Multilingual supportNo regulationTight spreadsNo MT4 or MT5Various trading instrumentsUnclear withdrawal informationHigh-quality cTrader platformRestricted telephone consultationCopy trading offeredIs JadeFOREX Legit? JadeFOREX claims to hold a business license (IBC: 227736) issued by Seychelles, but there is no evidence to show that it is regulated.What Can I Trade on JadeFOREX? JadeFOREX offers 25 currency pairs, precious metals trading (gold (XAU/USD) and silver (XAG/USD)), and energy trading.Tradable Instruments Supported Forex✔Precious Metals✔Energy✔Indices❌Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Mutual Funds❌Account Type JadeFOREX offers a Standard Account with an STP execution mode, which is suitable for beginners and ordinary traders, and a Low Spread Account with an ECN execution mode, which is suitable for advanced traders and professionals.Account TypeStandard AccountLaw Spread Account Account CurrencyUSD, JPYUSD, JPYExecutionSTPECNSpreadVariableVariableMarket InstrumentsFX:25, Metal:2, Energy:3FX:25, Metal:2, Energy:3Minimum First Deposit1,000JPY1,000JPYMinimum Trading Unit0.01 lot0.01 lotMaximum Trading Unit30 lot30 lotLeverageUp to 200xUp to 200xAccount Management Charge❌❌Transaction Charge❌$5/Lot (One way)Margin CallMargin retention rate 100%Margin retention rate 100%Stop Out30%30%EUR/USD SpreadFrom 0.8 pips From 0.0 pips Zero-cut✔✔Rollover✔✔Hedge✔✔EA✔✔Leverage In terms of foreign exchange trading, both the standard account and the low spread account offer a fixed leverage of up to 200 times. For precious metals and energy trading, the maximum leverage is 100 times. High leverage not only amplifies the profit potential but also increases the risk.JadeFOREX Fees For the Standard Account, the spread is floating. For example, the spread of EUR/USD starts from 0.8 pips, and there is no trading commission. As for the Low Spread Account, the execution mode is ECN, with a lower spread. For instance, the spread of EUR/USD starts from 0.0 pips, but a fee of 5 US dollars per lot is charged unidirectionally.Trading Platform JadeFOREX uses cTrader as its trading platform. This platform is developed by Spotware in Cyprus and is renowned for its fair trading environment and excellent user interface. It supports multi-device usage and can be operated on devices such as Windows PC, Mac PC, iPhone, iPad, Android, etc.Trading PlatformSupported Available Devices Suitable for cTrader✔Windows PC, Mac PC, iPhone, iPad, Android, etc.All TradersMT4❌/BeginnersMT5❌/Experienced tradersCopy Trading The cTrader platform of JadeFOREX provides a copy trading function (social trading). Users can choose trading algorithms developed by traders worldwide for replication to achieve “entrusted trading”. Its advantages include availability across multiple devices, the freedom to select and start/stop replication, and time savings in trading. The operation process involves logging into cTrader, opening cTrader Copy, selecting a strategy and confirming the fees, and starting after entering the investment amount.Deposit and Withdrawal JadeFOREX offers various deposit methods. Bank transfer is available with a minimum deposit of $1,000 or ¥100,000, and funds will be credited within 1-3 business days. Additionally, multiple cryptocurrencies such as BTC, ETH, and USDT are supported. The minimum deposit amount for cryptocurrencies is equivalent to $50, and the funds will be instantly credited upon transaction approval. Notably, JadeFOREX does not charge any deposit fees, although customers are responsible for any remittance fees.