JETbitX Forex Broker

Note: JETbitX's official website - https://jetbitx.com is currently inaccessible normally.JETbitXReview SummaryFounded/Registered Country/RegionChinaRegulationNo regulationMarket InstrumentsForex, Digital Currencies, Indices, Shares, CommoditiesDemo Account/LeverageUp to 1:500SpreadFrom 0 pipsTrading PlatformWebTraderMin Deposit$250Customer SupportWorking hour: 08:00 - 18:00Tel: +1 6044048206Email: 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 ConsPros Cons Diverse tradable assetsInaccessible websiteMultiple account typesLack of regulationPopular payment optionsNo MT4 or MT5High minimum depositIs 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.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 DepositPro$250,000Base$10,000Advanced$100,000Leverage 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 forWebTrader✔PC, web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal JETbitX accepts VISA, MasterCard, Maestro, and Wire Transfer as payment methods, and the minimum deposit is $250.