Note: JETbitX's official website - https://jetbitx.com is currently inaccessible normally.
JETbitX is a broker which focuses on the forex, digital currency, indices, shares, and commodities markets. It uses a web-based trading platform, with a minimum deposit of $250 and a maximum leverage of 1:500. However, it should be noted that this company is not regulated, and potential risks still exist.
Pros and Cons
Is JETbitX Legit?
No, JETbitX is not regulated by the financial services regulatory authority in its registration site. Therefore, please be aware of the potential risks, and consider carefully before investing.
What Can I Trade on JETbitX?
JETbitX provides different types of products, including forex, digital currencies, indices, shares, and commodities.
Account Type
JETbitX provides 3 types of accounts, including Pro, Base, and Advanced.
Leverage
JETbitX leverage up to 1:500, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
JETbitX uses a web-based platform, and it does not support MT4 or MT5.
Deposit and Withdrawal
JETbitX accepts VISA, MasterCard, Maestro, and Wire Transfer as payment methods, and the minimum deposit is $250.
China
