Jet Trade Forex Investment

There are brokers that cannot hide their nature, which may be partly due to the brokers' inability to do so or their indifference to what people might think. But then, how can Jet Trade Forex Investment be expected to attract an audience looking the way it does. We have no idea, and this leads us to think that the broker's days are numbered. We believe that any day now the website will be shut down either by a regulator or by its founders. The following review reveals why we think so, and it isn't too difficult to reach the conclusion on your own.

The most important aspect of Jet Trade Forex Investment is that it completely lacks a license. The broker is essentially anonymous.

We find some sort some fake UK certificate that claims the broker to be regulated, be there is no way that we would ever trust it. A certificate does not prove anything. Any company can easily forge one and present it as “evidence”. In other words, Jet Trade Forex Investment is not registered nor licensed in the UK. Any personal details you might have provided will be at risk of being used against you! Moreover, all invested capital will be lost!

Investing in unregulated brokers is the digital equivalent of throwing your money away for the wind to disperse it. It’s obvious that no one would do such a thing. Go with brokers that are regulated by trustworthy organizations like the FCA or CySEC. These entities work closely with the law, enforce it when called for, and have strict requirements for those under their gaze. Not to mention that those under their jurisdiction are members of compensation funds that cover victimized clients’ losses of up to £85 000 (FCA) and €20 000 (CySEC).

Moreover, the broker has been blacklisted by the FCA – the UK watchdog- meaning that the company is definitely a risk and most probably a scam!

We soon learned the unfortunate truth that Jet Trade Forex Investment does not have an FX trading software. After opening an account, no trading software presented itself to us. The client portal did not reveal any trading area, and this leads to conclude that Jet Trade Forex Investment's promoted assets and trading conditions are all lies! There are no tradeable assets nor applicable spreads or leverages.

We can easily question the status of the broker, and it seems that Jet Trade Forex Investment not only isn't regulated, but it is also not really a broker.

JET TRADE FOREX LOGIN

The lack of a trading software leads us to conclude that Jet Trade Forex Investment is anything but a broker. By definition, a broker is a business that offers FX and CFDs and a platform on which these assets can be bought and sold.

Jet Trade Forex Investment does not offer one, and therefore is not a broker.

JET TRADE FOREX MINIMUM DEPOSIT

We are to remind our readers once again that Jet Trade Forex Investment is not regulated, and as a rule all unregulated brokers are risks to invested capital.

We found in the user area that the only way to invest is through a BTC wallet, with a minimum deposit requirement currently being $100. Crypto deposits are the most dangerous of all investment methods, for one simple reason- they are untraceable. Meaning that once a deposit has been made, then what follows is the payment will be sent to an unknown source and thus will be lost.

There is no further depositing information.

DON’T PROVIDE YOUR CREDIT CARD CVV CODE

The CVV code is the one thing that separates a buyer from a product. Without it, one cannot complete a purchase, even if him/her has given all other necessary information. By giving this detail to someone else, you are essentially inviting them to use your funds for their own means. And be warned that unregulated brokers most certainly plan to do so.

DON’T PROVIDE ACCESS TO YOUR COMPUTER AND BANK ACCOUNT VIA ANYDESK OR TEAMVIEWER

Be sure to never give AnyDesk or TeamViewer access to your PC to unverified agents. These 2 platforms allow for your PC to be taken over by a second party, oftentimes for help or guidance, but in the case of these brokers for the sole purpose of looting your bank account(s) and personal information. However, in order to do so your consent is needed, and this is the only thing standing in the scammers’ way.

JET TRADE FOREX WITHDRAW TIME AND FEES

Withdrawing money from unlicensed brokers will be next to impossible.

Withdrawals can only be done through a bitcoin wallet, which suggests, unofficially, that all withdrawals will be close to impossible to draw.

Aside from this very useless piece of info, there are no further withdrawal details.

There are no fee structures revealed, and no processing times. Fees may be added at any point by scammer brokers, even those that have nothing to do with payment transactions.

ACCOUNT VERIFICATION

Beware, once more, when giving away an ID and a proof of address. Trustworthy brokers ask for these before traders can deposit to make a check up. Deceitful ones will ask for these details, using the anti-money laundering legislation as pretext, once you start asking too many questions and are getting suspicious of their activities. Understand that they will use these to build a stronger case against you in the event that you request a chargeback.

Yet again we urge readers to stay away from this broker as it will, without a doubt, never return your funds and profits. If you wish to to get smooth and efficient transactions, please visit a FCA/CySEC regulated broker, where all withdrawals are handled with care and respect.

HOW TO RECOVER

The most sound advice we could give you is to immediately file for a chargeback with you credit card company.

If you have given away your credit card details including the CVV code to the “broker” you should cancel it ASAP and check with your bank to see the damage inflicted.

Also, beware of self proclaimed “recovery” agencies or agents. These cheeky scammers promise to fix your problem and restore the lost funds. They offer their services in exchange of a small sum from your end, after which you won’t ever hear from them again.

The last line of defense for these indecent folk is more like a desperate cry: often times they will comment on reviews and cite the whole ordeal as a conspiracy initiated by competitive brokers against them; at times even claiming that reviewers are anything but objective, and that no one writes good reviews. The absurdities are limitless!

BOTTOM LINE

We won't spare Jet Trade Forex Investment. This is a very bad broker, perhaps one of the worst ones we have seen. There is no reason to invest here.