Below is a detailed analysis of Jade Belfort Limited, operating under the website https://jade-forex.com/, based on the requested criteria. The analysis covers online complaints, risk assessment, website security, WHOIS lookup, IP and hosting, social media presence, red flags, regulatory status, user precautions, potential brand confusion, and website content analysis.

1. Online Complaint Information ¶

• Sources of Complaints:
• WikiFX: Multiple reviews on WikiFX indicate concerns about Jade FOREX’s lack of regulation and potential risks. Users are cautioned about the absence of recognized financial authority oversight, increasing the risk of financial loss due to malpractice or fraud.
• ScamWarning (2021): A detailed review labels JadeForex as a potential scam, citing murky operations, lack of transparency about founders, and absence of risk management strategies. It highlights fake testimonials and stock images as red flags.
• Forex Peace Army (2011): Reviews for a related entity, JadeFX.com, mention regulatory issues and operational challenges, including frozen funds due to an ongoing inquiry. Some users reported positive trading experiences but were concerned about currency exchange fees and limited account options.
• CFTC Case (2011): The U.S. Commodity Futures Trading Commission (CFTC) filed a complaint against JadeFX LTD and related entities for solicitation fraud and misappropriation in a $3 million forex scheme, indicating a history of fraudulent behavior associated with similar branding.
• Complaint Themes:
• Lack of regulatory oversight.
• Transparency issues (anonymous founders, hidden operational details).
• Potential fraud or scam indicators (fake testimonials, regulatory violations).
• Financial losses due to unregulated operations or misappropriation. Assessment: The presence of complaints across multiple platforms, including a CFTC legal action, suggests significant concerns about the legitimacy and safety of Jade Belfort Limited or related entities. The historical issues with JadeFX raise doubts about the trustworthiness of the current operation.

2. Risk Level Assessment ¶

• Regulatory Risk: Jade FOREX is not regulated by any recognized financial authority, as verified by WikiFX and BrokersView. The absence of regulation means minimal investor protection, increasing the risk of fraud or financial loss.
• Operational Risk: The lack of transparency about founders, risk management strategies, and operational details (e.g., no clear banking information) heightens the risk of funds being mishandled or misappropriated.
• Market Risk: High leverage (up to 1:200) offered by Jade FOREX can lead to significant losses, especially for inexperienced traders. The absence of a demo account, as noted in scam reviews, limits users’ ability to practice risk-free trading.
• Scam Potential: Reviews on ScamWarning and BrokerChooser explicitly warn of scam risks, citing hidden agendas, fake testimonials, and lack of verifiable credentials. Risk Level: High. The combination of no regulation, historical fraud allegations, and operational opacity indicates a high-risk platform. Investors face significant exposure to financial loss and potential scams.

3. Website Security Tools ¶

• SSL Certificate: The website https://jade-forex.com/ likely uses an SSL certificate (common for financial platforms), but specific details about the certificate type (e.g., Domain Validated vs. Extended Validation) are not provided in the sources. A Domain Validated (DV) certificate, as seen in similar platforms, offers minimal validation and does not guarantee legitimacy.
• Security Measures Claimed: Jade FOREX claims to implement segregated accounts to protect client funds, but without regulatory oversight, these claims are unverifiable. No mention of advanced security protocols (e.g., two-factor authentication, encryption standards) is found.
• Vulnerability Assessment: No evidence suggests Jade FOREX undergoes regular vulnerability assessments or penetration testing, unlike reputable platforms like Jade Global, which details such practices.
• Access Issues: WikiFX notes that a related website (https://jade-belfort.com/) is inaccessible, raising concerns about operational stability or intentional obfuscation. Assessment: The website’s security measures are inadequately documented, and the lack of regulatory oversight undermines claims of fund safety. Investors should be cautious, as unverifiable security practices increase the risk of data breaches or fund mismanagement.

4. WHOIS Lookup ¶

• Domain Information:
• Domain: https://jade-forex.com/
• Registration Date: Not explicitly provided in sources, but related domains (e.g., coinlake.io, heroFX) with short registration periods (less than a year) suggest new platforms carry higher risks. Jade FOREX’s domain age is likely recent, given its emergence in reviews around 2021.
• Registrar: Unknown, as WHOIS data is not detailed in sources. Hidden WHOIS information, common in scam websites, is a red flag, as legitimate platforms typically provide transparent registration details.
• Registrant: Likely anonymized, as seen in similar platforms (e.g., cbtomk.com, yencaf.com), which conceal owner identities to avoid accountability.
• Red Flags: Short domain age and hidden WHOIS data are common characteristics of fraudulent platforms, reducing traceability and accountability. Assessment: Without specific WHOIS data, the domain’s opacity aligns with high-risk platforms. Investors should verify domain details independently using tools like WHOIS.net or ICANN lookup.

5. IP and Hosting Analysis ¶

• Hosting Provider: No specific IP or hosting details are provided for https://jade-forex.com/. However, similar platforms (e.g., gopexs.com, cbtomk.com) use Cloudflare, Inc., a common provider that does not inherently indicate legitimacy.
• Server Location: Unknown for Jade FOREX, but high-risk platforms often use servers in locations like Hong Kong or San Francisco, which may not align with their claimed operational base (Seychelles).
• Red Flags: Lack of transparency about hosting and IP details is concerning, as legitimate brokers typically disclose data centers or hosting providers to build trust. Assessment: The absence of hosting and IP information limits the ability to assess infrastructure reliability. Investors should be wary of platforms that do not disclose such details, as it may indicate attempts to obscure operations.

6. Social Media Presence ¶

• Activity: Jade FOREX’s social media presence is not detailed in the sources. In contrast, platforms like HeroFX are active on Facebook, Twitter, and Instagram, suggesting some brokers use social media to build credibility.
• Red Flags: Lack of verifiable social media accounts or low engagement can indicate a platform’s limited legitimacy or short operational history. Fake or inactive accounts are common among scam brokers.
• User Interaction: No evidence of user reviews or testimonials on social media platforms is mentioned, unlike reputable brokers that leverage social media for transparency and engagement. Assessment: The absence of a documented social media presence is a concern, as legitimate brokers typically maintain active, verifiable accounts to engage with clients. Investors should check platforms like Twitter, Facebook, or LinkedIn for official Jade FOREX accounts and assess their authenticity.

7. Red Flags and Potential Risk Indicators ¶

Based on the sources, the following red flags are evident:

• No Regulation: Verified by multiple sources (WikiFX, BrokersView) as unregulated, increasing the risk of fraud.
• Anonymous Founders: ScamWarning notes mysterious founders, potentially criminals, with no verifiable qualifications.
• Fake Testimonials: Use of stock images and fabricated reviews to build false credibility.
• High Leverage: Leverage up to 1:200 poses significant risks, especially without risk management tools like stop-loss.
• No Demo Account: Absence of a demo account, a common feature in legitimate brokers, limits risk-free practice.
• Historical Fraud: CFTC action against JadeFX for fraud and misappropriation suggests a pattern of deceptive practices under similar branding.
• Inaccessible Website: A related site (jade-belfort.com) is inaccessible, indicating potential operational issues or intentional obfuscation.
• Lack of Transparency: No banking information, unclear operational methods, and hidden WHOIS data. Assessment: The numerous red flags, including regulatory absence, historical fraud, and operational opacity, strongly suggest Jade Belfort Limited is a high-risk platform with potential scam characteristics.

8. Website Content Analysis ¶

• Content Overview:
• Claims: Jade FOREX offers trading in forex (25 currency pairs), precious metals (gold, silver), and energy (crude oil, natural gas). It provides two account types: Standard (STP) with spreads from 0.8 pips and Low Spread (ECN) from 0.0 pips. Leverage is up to 1:200.
• Security Claims: Emphasizes segregated accounts to protect funds, but these are unverifiable without regulation.
• Contact Information: Provides a support email ([email protected]) and mentions a FAQ section. Account cancellation requests are processed within 3 business days.
• Red Flags:
• Vague Information: Limited details about trading platforms, commission fees, or risk management tools.
• Unverifiable Claims: Promises of fund safety and expert analysis lack supporting evidence or third-party validation.
• Generic Content: Similar to scam platforms (e.g., yencaf.com), the website may use generic text lacking specific operational details.
• User Experience: Described as user-friendly with 24/7 support, but these claims are overshadowed by scam allegations and lack of transparency. Assessment: The website content is designed to attract traders with promises of diverse instruments and low spreads, but the lack of verifiable details and regulatory backing undermines credibility. The content aligns with patterns seen in high-risk or scam platforms.

9. Regulatory Status ¶

• Claimed Registration: Jade FOREX claims to be registered in Seychelles (company number 227736), but BrokersView found no matching records in the Seychelles Financial Services Authority (FSA) database.
• Regulatory Oversight: Multiple sources (WikiFX, BrokersView, BrokerChooser) confirm Jade FOREX is not regulated by any recognized authority, including FCA, ASIC, CYSEC, or others.
• Implications: Unregulated brokers offer minimal investor protection, increasing risks of unfair practices, opaque trade execution, or fund misappropriation. Assessment: The lack of valid regulatory oversight is a critical concern, as it leaves investors vulnerable to fraud and financial loss. The unverifiable Seychelles registration further erodes trust.

10. User Precautions ¶

To protect themselves, users should:

• Verify Regulation: Check regulatory databases (e.g., FCA, ASIC, Seychelles FSA) to confirm a broker’s status. Avoid unregulated platforms like Jade FOREX.
• Research Reviews: Read user reviews on reputable platforms (e.g., Forex Peace Army, WikiFX) and cross-reference with scam warnings.
• Test with Small Amounts: If considering trading, start with a small deposit to assess reliability, but only after thorough research.
• Use Demo Accounts: Prefer brokers offering demo accounts to practice trading risk-free. Jade FOREX’s lack of a demo account is a red flag.
• Secure Personal Data: Avoid sharing sensitive information (e.g., passwords, bank details) with platforms lacking verifiable security measures.
• Monitor Social Media: Check for official social media accounts and user feedback to gauge legitimacy and engagement.
• Report Scams: If scammed, report to authorities like the Economic and Financial Crimes Commission (EFCC) or the broker’s claimed regulator. Notify payment providers (e.g., crypto exchanges, gift card issuers) to attempt fund recovery. Assessment: Users must exercise extreme caution with Jade FOREX due to its high-risk profile. Thorough research and preference for regulated brokers are essential to avoid financial loss.

11. Potential Brand Confusion ¶

• Similar Branding:
• JadeFX: The CFTC case against JadeFX LTD/JadeFX LLC (2011) for fraud and misappropriation suggests a history of deceptive practices under similar names. The shared “Jade” branding may confuse users into trusting Jade FOREX.
• Jade Belfort vs. Jade FOREX: The official website (jade-forex.com) is linked to Jade Belfort Limited, but a related site (jade-belfort.com) is inaccessible, potentially causing confusion about the entity’s identity.
• Seven Jade Forex: Another broker (7jade.com) uses similar branding and offers forex, metals, and energy trading. This could lead to mistaken identity, especially as Seven Jade Forex appears more transparent about its offerings.
• Jade Global, Jade Solutions: Unrelated entities like Jade Global (IT services) and Jade Solutions (cybersecurity) may be confused with Jade FOREX due to similar names, despite having no financial trading tiesrip.
• Red Flags: The use of “Jade” across multiple entities, some with fraudulent histories, increases the risk of brand confusion. Scammers often exploit similar names to leverage trust or obscure their identity. Assessment: The potential for brand confusion with JadeFX, Seven Jade Forex, and other “Jade” entities is high, especially given the historical fraud associated with JadeFX. Users must verify the exact entity and website to avoid mistaking a legitimate platform for a risky one.

12. Summary and Recommendations ¶

Overall Assessment: Jade Belfort Limited, operating as Jade FOREX (https://jade-forex.com/), exhibits numerous high-risk characteristics:

• Unregulated: No valid regulatory oversight, increasing fraud risk.
• Opaque Operations: Anonymous founders, hidden WHOIS data, and lack of banking information.
• Historical Fraud: Related entity JadeFX faced CFTC charges for fraud and misappropriation.
• Red Flags: Fake testimonials, no demo account, high leverage, and inaccessible related websites.
• High Scam Potential: Reviews on ScamWarning, WikiFX, and BrokerChooser label it as a potential scam. Recommendations:
• Avoid Trading: Due to the high risk of financial loss and scam potential, investors should avoid Jade FOREX.
• Choose Regulated Brokers: Opt for brokers regulated by top-tier authorities (e.g., FCA, ASIC, CYSEC) with transparent operations and positive user reviews. Use tools like BrokerChooser’s database to find trusted options.
• Conduct Due Diligence: Verify WHOIS data, regulatory status, and user feedback independently before engaging with any broker.
• Report Concerns: If already engaged, report issues to regulatory bodies or anti-fraud agencies and attempt fund recovery through payment providers. Final Note: The combination of regulatory absence, historical fraud associations, and operational opacity makes Jade Belfort Limited a highly risky platform. Investors should prioritize safety by choosing well-regulated, transparent brokers to protect their funds and personal information.