Like any broker nowadays, Jet Capitals claims to provide an award-winning platform with unseen conditions. Yet, if you just wait a bit and check the actual situation, you’ll find many red flags.
So read our honest Jet Capitals review to better understand what kind of fraud you’re involved in.
|Broker Status:||Unregulated Scam Broker|
|Regulated by:||Unlicensed Company (No Regulation)|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||FCA, FINACOM|
|Broker Owner:||Lore Tech Solutions LLC|
|Headquarters Country:||Saint Vincent and the Grenadines|
|Online Trading Platforms:||WebTrader|
|Mobile Trading:||Available for Android|
|Crypto Asset Trading:||Available|
|CFD Trading Option:||Yes, you can trade CFDs|
|Available Trading Instruments:||Forex (FX), Commodities, Indices, Shares, Cryptocurrencies|
|Islamic Account:||Available only for the Platinum account|
|Free Demo Account:||No|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Jet Capitals Regulation – Is The Broker Legit?
Jet Capitals is owned by Lore Tech Solutions LLC from Saint Vincent and the Grenadines. For those who haven’t had a chance to learn, SVG has no official regulatory body. Recently, the FSA decided to declare itself as a financial register and direct brokers to opt for the regulation in the country of service.
Moreover, since Jet Capitals broker operates mainly in Canada, Australia, and Poland, we’ve checked ASIC, KNF, and several Canadian Tier 1 regulators.
Questions About The License
Despite our best efforts, Jet Capitals regulation is nowhere to be found. It means you are dealing with an unregulated offshore firm – clearly fraud. Beware of Jet Capitals trading scam and report any suspicious activity immediately.
Scam Warnings Against Jet Capitals
Jet Capitals scam has been officially recognized by the UK FCA and an independent regulatory body from Hong Kong – FINACOM. Both of these declared it a fraudulent firm that cannot be trusted.
FINACOM, as a private regulator, reacted based on numerous Jet Capitals complaints they have received.
Warning Issued by FCA
Meanwhile, the UK regulator, FCA, warned its citizens that they are not entitled to the FSCS compensation fund since Jet Capitals forex brokerage is unregulated.
Jet Capitals Login Problems – One Of The Signs Of A Scam
Clients massively reported Jet Capitals login issues. After they requested withdrawals, the broker suspended access to their trading accounts to prevent them from further participating on the market and asking for a payout.
If you notice that you cannot log in to your account for more than a couple of hours, regardless of the reason, you should report it. It’s a potential sign of fraud.
Negative JetCapitals Reviews – The Truth About Forex Broker
Reading JetCapitals reviews, we’ve learned that clients are experiencing so many issues that they regret opening an account with the broker. Besides login issues, withdrawals are at the top of the list.
The broker will refuse to process any withdrawal requests, account managers will give all sorts of excuses, and if you still insist too much, your trading account will be suspended, and your money will be gone.
As JetCapitals is unregulated, getting your money back could be a real hassle.
What Trading Platforms Are Available? – Trading Software
There’s only one Jet Capitals trading platform – a Web trader. Since the broker claims it’s a winning award one, we had to take a peek and see what was worth the award.
According to the broker’s claims, the Web trader is user-friendly with many indicators and EAs. However, since there’s no JetCapitals Demo account, we are unable to verify this information. You should know that Web traders are never as secure as MT4 or MT5 and avoid such.
Mobile Trading App – iOS & Android Trading
For some reason, Jet Capitals login via mobile is only possible from an Android. This is the only link given on the broker’s website, meaning that iOS users would have to log in to their account through a web browser.
We are not sure whether this is just a slight omission on the website or if there is really no app for Apple’s devices.
Jet Capitals Range of Trading Instruments & Markets
Clients have access to 5 biggest global markets, including:
- Forex market
The list of trading assets, along with some basic trading conditions, has been hidden, which is a cherry on top of already existing issues.
Jet Capitals Trading Accounts
More so, there are 3 account types:
The main difference is leverage, spread, and some perks such as dedicated account manager. Jet Capitals minimum deposit is undisclosed, so we cannot say whether this is one of the differences as well.
Free Demo Account Service
There’s no Demo account, so whoever wants to test the brokerage would have to make an initial deposit, which we would advise you to avoid.
JetCapitals Deposit Methods – How To Deposit?
There are several options for depositing and withdrawals, including:
- Wire transfer
- Debit/credit cards
Fees and other commissions are unknown for each of the methods, so we cannot say much. However, depositing via credit card is the safest since you have up to 540 days to file a dispute and request a chargeback.
Jet Capitals Withdrawal Issues – Unable to Withdraw Funds
If you’re unable to withdraw your funds, you’re just one of the many. There have been a lot of Jet Capitals complaints, all in regards to withdrawals. This brokerage is not giving up on their money easily, but you should be persistent.
As the worst option, file a dispute and get your bank to retrieve your funds.
Scammed By Jet Capitals Broker? – Talk To Our Recovery Experts
If you fall victim to the Jet Capitals scam, let us know. Contact our team of experts via online chat to book your free consultation and find the best money-back solution.
Don’t let scammers run with your hard-earned money! Take the first step towards a refund!
Don’t Let the Scammers Go Away for Free!
What Is Jet Capitals, And Should I Invest Money In It?
Basically, it is an online CFD and Forex trading provider without a license. So be careful about easy earnings with this scam project!
What Is The Jet Capitals Minimum Deposit?
For now, broker minimum deposit hasn’t been listed.
Are My Funds Safe With Jet Capitals?
The broker has FCA and FINACOM warnings, making it unsafe. So don’t fall for this fraudulent broker!