Jet Trade Markets Broker Review

Jet Trade Markets 2025 Review: Everything You Need to Know

　　Summary: Jet Trade Markets has garnered significant scrutiny in recent reviews, with many sources labeling it as an unregulated and potentially fraudulent broker. Key features include high leverage options and a limited range of trading assets, primarily focused on forex. However, the lack of regulatory oversight raises serious concerns about the safety of client funds.

　　Attention: It is crucial to note that Jet Trade Markets operates under various entities across different regions, specifically claiming to be affiliated with companies in Australia while being incorporated in Saint Vincent and the Grenadines (SVG). This raises questions about its legitimacy and the safety of investments.

Ratings Overview

　　We rate brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.

Broker Overview

　　Jet Trade Markets, operating under the name GFY Markets Ltd, has been in the market for approximately 2-5 years. It is primarily known as an offshore broker based in Saint Vincent and the Grenadines. The platform offers trading through MetaTrader 5 (MT5), a popular choice among traders for its advanced features. However, it is essential to highlight that Jet Trade Markets lacks regulation from any major financial authority, which significantly impacts its credibility.

Detailed Section

• 　　Regulated Regions: Jet Trade Markets is registered in Saint Vincent and the Grenadines, a jurisdiction known for its lack of stringent regulatory frameworks for forex brokers. The Financial Services Authority (FSA) in SVG does not oversee or license forex and CFD brokers, making it a hotspot for unregulated entities. This raises red flags about the safety of funds deposited with Jet Trade Markets.

• 　　Deposit/Withdrawal Currencies: The broker mentions multiple methods for deposits and withdrawals, including bank transfers and credit cards. However, the specifics are vague, and many users have reported difficulties in executing withdrawals, which is a common issue with unregulated brokers.

• 　　Minimum Deposit: The minimum deposit for opening an account with Jet Trade Markets is set at $1,000 for the elite account type, which is considered high compared to many regulated brokers that allow lower initial deposits.

• 　　Bonuses/Promotions: There is little information regarding promotional offers or bonuses, which is often a tactic used by less reputable brokers to attract new clients. Due to the lack of transparency around such promotions, potential traders should approach this aspect with caution.

• 　　Tradable Asset Classes: The primary focus of Jet Trade Markets appears to be on forex trading, with limited options for other asset classes like cryptocurrencies or commodities. The narrow range of tradable assets may not cater to diverse trading strategies.

• 　　Costs (Spreads, Fees, Commissions): The broker claims to offer spreads starting from 0.0 pips, but this is often contingent upon the account type. Users have reported inconsistencies in spread offerings, and the presence of commissions can add to trading costs, especially in the pro and elite accounts where commissions are charged per lot.

• 　　Leverage: Jet Trade Markets offers leverage of up to 1:500, which is significantly higher than what regulated brokers typically provide. While high leverage can amplify profits, it also increases the risk of substantial losses, particularly for inexperienced traders.

• 　　Allowed Trading Platforms: The only trading platform available is MetaTrader 5, which is widely regarded for its robust trading capabilities. However, the absence of other platforms may limit options for traders who prefer different trading environments.

• 　　Restricted Regions: There is no clear information regarding specific regions that are restricted from trading with Jet Trade Markets, but potential clients should be aware of the risks associated with trading with an offshore broker.

• 　　Available Customer Support Languages: Customer support appears to be limited, with no 24/5 service and only email support options available. This can be a significant drawback for traders who require timely assistance.

  　　

　　

Repeat Ratings Overview

Category	Rating (out of 10)
Account Conditions	3
Tools and Resources	4
Customer Service and Support	2
Trading Setup (Experience)	4
Trustworthiness	1
User Experience	3

　　

Detailed Breakdown

• 　　Account Conditions: The high minimum deposit and lack of clear information regarding account types and conditions contribute to a low score in this category. The elite account's fees may deter potential traders.

• 　　Tools and Resources: While MT5 is a solid trading platform, the absence of educational resources and trading tools limits the ability of traders to enhance their skills and strategies.

• 　　Customer Service and Support: The lack of 24/5 support and limited language options significantly hampers the user experience, particularly for international clients.

• 　　Trading Setup: The trading experience is marred by the broker's unregulated status, leading to concerns about execution speed and reliability.

• 　　Trustworthiness: The absence of regulation and numerous warnings from financial authorities about Jet Trade Markets' operations contribute to its low trustworthiness rating.

• 　　User Experience: Overall, the user experience is negatively impacted by high fees, limited support, and a lack of transparency, making it imperative for potential clients to exercise caution.

　　In conclusion, the Jet Trade Markets review indicates a broker that operates under questionable circumstances. With its unregulated status and high minimum deposit requirements, potential traders are advised to consider more reputable alternatives.