Jetvix Forex Broker

Aspect Information Registered Country/Area Saint Vincent and the Grenadines Founded Year Within 1 year Company Name Jet Corp LLC Regulation Unregulated Minimum Deposit $10 Maximum Leverage Up to 1:500 Spreads Low spreads, no commissions Trading Platforms Mobile trading platform with TradingView chart Tradable Assets Forex (over 140 assets) Account Types Live and demo Demo Account Yes (with $1,000 practice funds) Islamic Account Not mentioned Customer Support Email: support@jetvix.com Payment Methods Wire Transfer, Pinpay Express, Credit/debit cards Educational Tools Basics and Trading Tools/Strategies articles Overview of Jetvix Jetvix is an online trading platform operated by Jet Corp LLC, based in Saint Vincent and the Grenadines. It currently lacks valid regulation, prompting caution due to potential trading risks. The platform offers a diverse range of over 140 forex assets, although specific details are not disclosed. The platform provides two account types: live and demo, the latter offering $1,000 for practice. Leverage up to 1:500 is available. Jetvix claims low spreads and no commissions for trades. A minimum deposit of $10 is required, and a 100% Welcome Bonus doubles initial deposits. Jetvix features a mobile trading platform with user-friendly charts powered by TradingView. Educational resources cover trading basics and strategies. Customer support is accessible via email and social media. Despite its offerings, the lack of regulation raises concerns about potential risks for traders considering the platform. Pros and Cons Jetvix offers diverse forex instruments, live and demo accounts, high leverage up to 1:500, and a low minimum deposit of $10 with a Welcome Bonus. It provides multiple payment options, a mobile trading platform, and comprehensive trading tools, along with basic education articles. However, the platform operates without proper regulation, lacks asset-specific information, mentions limited market instruments, and has unclear bonus terms. It also offers limited types of accounts, lacks comprehensive account details, unclear withdrawal procedures, incomplete payment method information, and lacks established customer support. Pros Cons Offers diverse forex instruments Operates without proper regulation Provides live and demo accounts Lack of asset-specific information Offers high leverage, up to 1:500 Limited types of market instruments mentioned Demo account available Limited types of accounts Low minimum deposit of $10 Unclear terms on the provided bonuses Provides Welcome Bonus Absence of comprehensive account details Multiple payment options available Limited clarity on withdrawal procedures Offers mobile trading platform Incomplete information on payment methods Provides basic education articles Lack of platform-related information Comprehensive trading tools and guides Absence of established customer support Is Jetvix Legit？ Jetvix operates without valid regulation at the moment, which has been confirmed. Caution is advised due to the potential risks associated with trading through an unregulated broker. Market Instruments Forex: Jetvix offers a range of market instruments including over 140 assets in the forex category. While specific details about the assets are not provided, traders have access to a variety of options within the forex market through the platform. Pros and Cons Pros Cons Diverse range of over 140 forex assets Lack of specific asset information Limited transparency on available asset details Account Types Jetvix offers two distinct account types: live and demo. The demo account provides users with $1,000 for practice purposes. Pros and Cons Pros Cons Allows practice with demo account Limited information about live account details Provides $1,000 in demo account Lack of account diversity Limited features for live account How to Open an Account To open an account with Jetvix, follow these steps: Visit the website and click on “Trade.” On the login page, select “No account.” Enter your email address. Create a password for your account. Agree to the Client agreement and Privacy policy, and confirm that you are of legal age. Click “Sign up” to complete the account registration process. Leverage Jetvix offers a leverage of up to 1:500, allowing traders to potentially amplify their trading positions in relation to their invested capital. Spreads & Commissions Jetvix asserts to offer low spreads on its trading instruments and does not charge any commissions for trades executed on its platform. Minimum Deposit The minimum deposit requirement for Jetvix is $10. Bonus Jetvix provides a 100% Welcome Bonus, doubling your initial deposit amount for trading purposes. Deposit & Withdrawal To deposit funds, click “Deposit,” choose your method, fill in details, and click “Top up.” For withdrawals, click “Withdraw,” select method, enter info, and click “Withdraw.” Payment methods include Wire Transfer, Pinpay Express, and Credit/debit cards. Pros and Cons Pros Cons Multiple payment methods available Limited payment method options User-friendly withdrawal procedure Potential delays in withdrawal processing Withdrawal terms and fees might not be transparent Trading Platforms Jetvix offers a mobile trading platform for on-the-go trading, featuring a trendy and user-friendly app equipped with a professional chart powered by TradingView. Pros and Cons Pros Cons Mobile trading platform for on-the-go Operates without proper regulation User-friendly app with TradingView chart Lack of asset-specific information Professional chart for better analysis Unclear terms on provided bonuses Educational Tools Basics: Jetvix offers a range of introductory articles suitable for beginners in trading. These articles cover fundamental topics to help you get started, such as understanding demonetization, global depositary receipts (GDRs), cash deposits, and contract for difference (CFD) trading concepts. Trading Tools and Strategies: Explore Jetvix's comprehensive guide to trading tools and strategies. This resource delves into various strategies and tools used in trading. Learn about day trading strategies, WD Gann trading strategy rules, stop-loss hunting, Turtle trading strategy in Forex, pivot points trading strategy, and receive guidance on trading gold. Customer Support Jetvix offers customer support via the email address support@jetvix.com. Their support team is located in Ginger Village, Belmont, Kingstown, St. Vincent and the Grenadines. You can also find them on social media platforms such as YouTube, Facebook, and Instagram for additional communication channels. Conclusion In conclusion, Jetvix, operated by Jet Corp LLC in Saint Vincent and the Grenadines, offers a platform for trading various market instruments, primarily forex. However, it's important to note that Jetvix currently operates without valid regulation, which poses potential risks for traders. The platform provides two account types, live and demo, with a minimum deposit requirement of $10 and a 100% Welcome Bonus. Jetvix offers leverage up to 1:500 and claims to provide low spreads without commission charges. The trading platform includes a mobile app with a professional chart powered by TradingView. Basic and intermediate educational resources are available, covering trading concepts and strategies. Customer support is reachable via email and social media platforms. Traders should exercise caution due to the lack of regulation and consider the potential drawbacks associated with trading through an unregulated broker. FAQs Q: How can I close a position？ A: Navigate to the “Positions” tab, click “Close Position,” and confirm your choice in the pop-up box. You can also choose to partially close a position. Q: What's the process to open a position？ A: Access the “Trade” screen, select the instrument, click Buy/Sell, and a pop-up position screen will appear. Specify trade size, view value, required margin, and set Stop Orders before confirming. Q: When are the Market hours/Trading hours？ A: Market hours refer to when a trading instrument can be traded. Check specific instrument market hours on the platform's main screen by clicking “Instrument info.” Q: What is One Click Trading？ A: “One Click Trading” enables swift trades without confirmation, using preset parameters. Activate by clicking the button on the main platform screen. Suited for experienced traders needing rapid execution.