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JadeForex Forex Broker provides real users with 1 positive reviews, 1 neutral reviews and * exposure review!

JadeForex Broker Review

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JadeForex Review 2

Latest All(2) Positive(1) Neutral(1)
Positive

DXB Markets betrayed me, consistently offering me wrong trading signals, much slippage, and terrible customer service. I cannot log into the mt4 trading account frequently, but they account manager did not help me with that. This platform is so frustrating!!! Just one piece of advice: don’t go for this company.

JC老姜
2023-03-20
Neutral

I don't like the withdrawal fees charged by this company. Also, the leverage is only 1:150, which is not high enough for me. Also, I don't understand why it doesn't state the minimum deposit required to open an account.

小罗罗
2022-12-07

  

Jadeforex 2025 Review: Everything You Need to Know

  Jadeforex has garnered mixed reviews in the forex trading community, with users reporting a range of experiences from positive to highly negative. Key findings indicate that while some traders appreciate the low spreads and quick execution, others have raised serious concerns regarding the lack of regulation and potential withdrawal issues.

  Note: It is crucial to consider that the broker operates in various jurisdictions, which may affect regulatory oversight and user experience. This review aims to present a fair and accurate assessment based on available information.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 4
Customer Service and Support 5
Trading Experience 6
Trustworthiness 3
User Experience 4
Additional Considerations 5

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user experiences, expert opinions, and factual data regarding the broker's operations.

  

Broker Overview

  Founded in 2021, Jadeforex operates as an offshore forex brokerage based in Seychelles. The broker offers access to a variety of trading instruments, including forex, precious metals, and energy contracts. Notably, traders can utilize the popular MetaTrader 4 (MT4) platform for their trading activities. Jadeforex is characterized by its non-regulated status, raising concerns about the safety of client funds and the overall trading environment.

  

Detailed Information

  • Regulated Regions: Jadeforex operates without regulation from recognized financial authorities, which raises significant concerns regarding the safety of funds and potential recourse in case of disputes.
  • Deposit/Withdrawal Currencies/Cryptocurrencies: The broker supports various deposit methods, including bank transfers and cryptocurrencies like Bitcoin and Ethereum. However, specific details about withdrawal processes remain vague.
  • Minimum Deposit: The minimum deposit required to open an account with Jadeforex is approximately 1,000 JPY.
  • Bonuses/Promotions: There is no clear information regarding bonuses or promotional offers.
  • Tradeable Asset Categories: Traders can access a range of assets, including 25 forex pairs, precious metals, and energy products.
  • Costs (Spreads, Fees, Commissions): The standard account features spreads starting from 0.8 pips, while the ECN account offers tighter spreads starting from 0.0 pips, with a commission of $5 per lot.
  • Leverage: Jadeforex provides leverage up to 1:200, which can amplify both potential profits and losses.
  • Allowed Trading Platforms: The primary trading platform offered is MT4, which is widely recognized for its user-friendly interface and extensive features.
  • Restricted Regions: There is no specific mention of restricted regions, but the lack of regulation implies that traders from jurisdictions with strict regulations may face issues.
  • Available Customer Support Languages: Support is primarily offered in English, with some resources available in Japanese.

  

Rating Breakdown

  • Account Conditions (5/10): The account conditions at Jadeforex are average, with a minimum deposit requirement that is reasonable for many traders. However, the lack of a demo account and limited information on account types is a downside.
  • Tools and Resources (4/10): The broker does not provide extensive educational resources or trading tools, which may hinder new traders' ability to learn and grow.
  • Customer Service and Support (5/10): While customer service is generally responsive, the lack of comprehensive support options and mixed reviews on service quality leave room for improvement.
  • Trading Experience (6/10): Many users report satisfactory trading experiences with low spreads and quick execution. However, some have reported issues with order execution and slippage.
  • Trustworthiness (3/10): The absence of regulation is a significant red flag, as it raises concerns about the safety of client funds and the broker's accountability.
  • User Experience (4/10): User experiences are mixed, with some traders praising the broker's execution speed and others expressing frustration over withdrawal issues.

  

Detailed Breakdown

  •   Account Conditions: The minimum deposit of 1,000 JPY is accessible, but the absence of a demo account limits opportunities for new traders to practice before committing real funds. Many users have expressed concerns about the lack of transparency regarding account types and conditions.

  •   Tools and Resources: Jadeforex lacks comprehensive educational resources and trading tools that are often crucial for traders, especially beginners. This gap may hinder traders' ability to make informed decisions and develop their trading strategies effectively.

  •   Customer Service and Support: The customer service team is generally responsive, but there are reports of inconsistent service quality. Users have noted delays in responses and difficulties in resolving issues, which can be frustrating for traders seeking timely assistance.

  •   Trading Experience: Many users appreciate the low spreads and quick execution offered by Jadeforex. However, there are significant concerns regarding order execution during volatile market conditions, with some traders reporting slippage and issues with trade closures.

  •   Trustworthiness: The lack of regulation is a major concern for potential clients. Without oversight from a recognized regulatory authority, traders may find it challenging to recover funds in case of disputes or broker insolvency.

  •   User Experience: User experiences vary widely, with some traders reporting positive interactions and others highlighting significant issues, particularly regarding withdrawals. This inconsistency raises questions about the reliability of the broker.

  •   In conclusion, while Jadeforex offers some attractive features such as low spreads and a range of trading instruments, the lack of regulation and mixed user experiences warrant caution. Prospective traders should conduct thorough research and consider the risks before engaging with this broker. For a more secure trading experience, traders may want to explore regulated alternatives.

JadeForex review