General Information
Jade FOREX Is A Global Brokerage Based In The Seychelles. It Offers Traders The Opportunity To Use Market Instruments Including Forex, Precious Metals, Energy. However, It Is Worth Noting That Jade FOREX Is Currently, Not Regulated, Provided By Any Recognized Financial Institution Group, Which May Raise Concerns When Trading.
Advantages And Disadvantages
Advantages
• Wide Range Of Trading Tools Across Multiple Asset Classes
• Support For Multiple Payment Methods
• Flexible Leverage
• Small Spreads • No MT4/5 Platform
• Multiple Account Types
• Multi-language Support For Clients
Disadvantages
• Irregular
• Trading Fees When Withdrawing
• Limited Trading Tools And Educational Resources
Is Jade FOREX Safe Or A Scam?
When Considering The Security Of A Brokerage Such As Jade FOREX Or Any Other Platform, It Is Important To Conduct Thorough Research And Consider Various Factors. Some Of The Steps You Can Take To Assess The Trustworthiness And Security Of A Brokerage Firm Are As Follows:
Regulatory Sight: It Has Been Verified That The Broker Is Currently, Not Regulated By Any Recognized Financial Institution Group, Meaning That There Is No Guarantee That It Is A Safe Trading Platform.
User Feedback: Read Comments And Feedback From Other Clients To Understand Their Experience With The Brokerage Firm. Look For Comments On Reputable Websites And Forums.
Security Measures: Jade FOREX Puts The Safety Of Funds First, Implements Account Segregation, Separates Client Funds From Company Finances, Reduces The Risk Of Misappropriation, Enhances The Overall Security Of The Account, And Protects Client Funds From Being Used For Operational Purposes.
Ultimately, The Decision Whether To Trade With Jade FOREX Is A Personal One. You Should Carefully Weigh The Risks And Benefits Before Making A Decision.
Market Tools
Jade Forex Offers Traders A Diverse Range Of Market Tools That Cater To Different Investment Interests And Strategies. Their Products Include:
Forex: Enables Traders To Participate In The Largest And Most Liquid Financial Marekts, Enabling Them To Trade Currency Pairs And Profit From Exchange Rate Fluctuations. Jade FOREX Offers 25 Different Currency Pairs.
Precious Metals: Offers The Opportunity To Invest In Precious Commodities Such As Gold, Silver, Which Act As Potential Safe-haven Assets And A Hedge Against Economic Uncertainties.
Energy: Offers Access To Energy Markets, Allowing Traders To Take Advantage Of Price Movements Driven By Supply And Demand Dynamics To Trade Commodities Such As Crude Oil, WTI Natural Gas.
With These Market Tools, Jade Forex Enables Traders To Diversify Their Portfolios And Seize Opportunities In A Dynamic Global Financial Marekt.
Account Types
Jade FOREX Caters To Different Trading Preferences By Offering Two Different Account Types: Standard Account (STP Account) And Low Spread Account (ECN Account). Both Account Types Require A Minimum Deposit Of 1,000 Yen, Making Them Accessible To A Wide Range Of Traders.
Standard Account, Also Known As STP Account, Provides Direct And Efficient Trade Execution, Ensuring Minimal Delays And Providing Competitive Spreads To Improve Trading Efficiency.
On The Other Hand, Low Spread Accounts, Also Known As ECN Accounts, Are Designed To Offer Smaller Spreads, Making Them An Attractive Option For Traders Looking For Cost-effective Trading Conditions.
Leverage
Jade Forex Offers Traders Flexible Leverage Options For Their Forex And Precious Metals Trading Activities. For, Forex Trading, Brokers Offer, Leverage Up To 1:200, Allowing Traders To Control Positions Up To 200 Times Their Account Balance. This Higher Leverage Can Amplify Potential Profits, But Traders Should Be Mindful Of The Increased Risk Exposure.
On The Other Hand, For Precious Metals And Energy, Trading, Jade Forex Offers, Leverage Up To 1:100, Which Still Allows Traders To Enlarge Their Trading Positions, But By A Slightly Smaller Margin Compared To Forex.
Different Leverage Levels Cater To The Different Risk Appetite And Trading Strategies Of Traders In The Forex And Precious Metals Markets. Traders Must Carefully Consider Their Risk Tolerance And Adopt Risk Management Techniques When Utilizing Leverage To Ensure A Balanced And Responsible Trading Approach.
Spreads And Commissions
Standard Account: Spreads Start From 0.8 Pips Without Any Additional Commissions. Low Spread Account (ECN Account): Spreads Start From 0.0 Pips With A Commission Of $5 Per Lot.
Trading Platform
Jade Forex Offers The CTrader Trading Platform For Windows And Mobile Devices, Providing Traders With A Versatile And Convenient Trading Experience. The Platform Has Highly Customizable Charting Tools That Enable Traders To Customize Their Charts According To Their Preferences And Trading Strategies.
In Addition, CTrader Offers A Wealth Of Technical Analysis Tools That Enable Traders To Conduct In-depth Market Analysis And Make Informed Trading Decisions.
Copy Trading
The Innovative Feature Offered By Jade FOREX, Copy Trading. Copy Trading Allows Traders To Automatically Copy The Trades Of Experienced And Successful Traders, Essentially Reflecting Their Trading Strategies And Decisions. This Service Is Particularly Beneficial For Novice Traders Or Traders With Limited Time And Expertise, As It Allows Them To Participate In Financial Marekt Without Actively Managing Trades.
By Following The Actions Of Skilled Traders, Clients Can Benefit From Their Expertise And Achieve Similar Trading Results. Copy Trading Not Only Enhances The Accessibility Of The Market, But Also Fosters A Collaborative Trading Community Where Traders Can Share Knowledge And Experience.
Deposits And Withdrawals
Jade FOREX Provides Traders With A Variety Of Convenient And Efficient Ways To Deposit Funds To Fund Their Accounts. For Traditional Banking Options, Traders Can Take Advantage Of Bank Transfers In Either USD Or JPY Currencies. This, The Minimum Deposit Amount For Bank Transfers Is Set At $1,000 Or JPY 100,000, And Processing Time Usually Takes 1 To 3 Business Days From The Date Of Receipt.
Or, For Those Interested, Cryptocurrency, Jade FOREX Supports Multiple Digital Assets, Including BTC (Bitcoin), ETH (Ethereum), USDT (ERC20), USDC (ERC20), And XRP (Ripple).
AND, The Minimum Deposit Is Equivalent To $50, And Traders Can Deposit Cryptocurrency And Enjoy Instant Approval Of Their Trades. Also, There Are No Transaction Fees For Deposits.
For Withdrawals, Traders Can Make Withdrawals Through: USD Or JPY Bank Transfer, With A Minimum Withdrawal Amount Of $30. In Addition, For Those Who Use Cryptocurrency, Jade FOREX Supports, TEDA (ERC20) Withdrawal, Also With, The Minimum Withdrawal Amount Is 30 USDT.
But It Should Be Noted That There Will Be A Fee For Withdrawal. "Equivalent To 3,000 Yen (30 USD) " Or "1.5% Of The Withdrawal Amount" Between The Larger ".
To Initiate A Withdrawal, The Trader Needs To Register The Withdrawal Information On The Client Side And Upload The Necessary Identification Documents, Including ID, Proof Of Address And Selfie.
Client Server
Jade FOREX Offers Several Client Server Options To Assist Its Customers. Customers Can Contact Enlighten Through Various Channels To Address Their Questions And Concerns As Follows:
Email: [email protected].
Headquarters: Nobel Capital Group Limited, Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles.
Jade FOREX Also Provides A Contact Us Form That Makes It Easy For Traders To Contact And Communicate With Brokers For Any Inquiries Or Assistance They May Need.
In Addition To This, Jade FOREX Maintains A Facebook Page And Traders Can Contact Them By Adding, Line Friends, Via QR Code.