Abstract:JadeFOREX is a forex trading platform operated by Jade Belfort Limited. It was established in April 2021, with its headquarters located in Seychelles, and its business license number is IBC: 227736. This platform is committed to providing online foreign exchange margin trading, precious metals trading, and energy trading services for individual, corporate, and institutional investors. It adopts the No Dealing Desk (NDD) model, offering customers a stable and high-quality trading experience.
JadeFOREX Review Summary | |
Founded | 2021 |
Registered Country/Region | Seychelles |
Regulation | No regulation |
Market Instruments | Forex, Precious Metals, and Energy |
Demo Account | / |
Leverage | Up to 1:200 |
EUR/USD Spread | From 0.8 pips (Standard account) |
Trading Platform | cTrader (Windows PC, Mac PC, iPhone, iPad, Android, etc.) |
Copy Trading | ✅ |
Minimum Deposit | 1,000 JPY |
Customer Support | Contact form |
Email: support@jade-forex.com | |
Address: Nobel Capital Group Limited of Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles. | |
Social media: Twitter, Line |
JadeFOREX is a forex trading platform operated by Jade Belfort Limited. It was established in April 2021, with its headquarters located in Seychelles, and its business license number is IBC: 227736. This platform is committed to providing online foreign exchange margin trading, precious metals trading, and energy trading services for individual, corporate, and institutional investors. It adopts the No Dealing Desk (NDD) model, offering customers a stable and high-quality trading experience.
Pros | Cons |
Multilingual support | No regulation |
Tight spreads | No MT4 or MT5 |
Various trading instruments | Unclear withdrawal information |
High-quality cTrader platform | Restricted telephone consultation |
Copy trading offered |
JadeFOREX claims to hold a business license (IBC: 227736) issued by Seychelles, but there is no evidence to show that it is regulated.
JadeFOREX offers 25 currency pairs, precious metals trading (gold (XAU/USD) and silver (XAG/USD)), and energy trading.
Tradable Instruments | Supported |
Forex | ✔ |
Precious Metals | ✔ |
Energy | ✔ |
Indices | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Mutual Funds | ❌ |
JadeFOREX offers a Standard Account with an STP execution mode, which is suitable for beginners and ordinary traders, and a Low Spread Account with an ECN execution mode, which is suitable for advanced traders and professionals.
Account Type | Standard Account | Law Spread Account |
Account Currency | USD, JPY | USD, JPY |
Execution | STP | ECN |
Spread | Variable | Variable |
Market Instruments | FX:25, Metal:2, Energy:3 | FX:25, Metal:2, Energy:3 |
Minimum First Deposit | 1,000JPY | 1,000JPY |
Minimum Trading Unit | 0.01 lot | 0.01 lot |
Maximum Trading Unit | 30 lot | 30 lot |
Leverage | Up to 200x | Up to 200x |
Account Management Charge | ❌ | ❌ |
Transaction Charge | ❌ | $5/Lot (One way) |
Margin Call | Margin retention rate 100% | Margin retention rate 100% |
Stop Out | 30% | 30% |
EUR/USD Spread | From 0.8 pips | From 0.0 pips |
Zero-cut | ✔ | ✔ |
Rollover | ✔ | ✔ |
Hedge | ✔ | ✔ |
EA | ✔ | ✔ |
In terms of foreign exchange trading, both the standard account and the low spread account offer a fixed leverage of up to 200 times. For precious metals and energy trading, the maximum leverage is 100 times. High leverage not only amplifies the profit potential but also increases the risk.
For the Standard Account, the spread is floating. For example, the spread of EUR/USD starts from 0.8 pips, and there is no trading commission.
As for the Low Spread Account, the execution mode is ECN, with a lower spread. For instance, the spread of EUR/USD starts from 0.0 pips, but a fee of 5 US dollars per lot is charged unidirectionally.
JadeFOREX uses cTrader as its trading platform. This platform is developed by Spotware in Cyprus and is renowned for its fair trading environment and excellent user interface. It supports multi-device usage and can be operated on devices such as Windows PC, Mac PC, iPhone, iPad, Android, etc.
Trading Platform | Supported | Available Devices | Suitable for |
cTrader | ✔ | Windows PC, Mac PC, iPhone, iPad, Android, etc. | All Traders |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
The cTrader platform of JadeFOREX provides a copy trading function (social trading). Users can choose trading algorithms developed by traders worldwide for replication to achieve “entrusted trading”. Its advantages include availability across multiple devices, the freedom to select and start/stop replication, and time savings in trading. The operation process involves logging into cTrader, opening cTrader Copy, selecting a strategy and confirming the fees, and starting after entering the investment amount.
JadeFOREX offers various deposit methods.
Bank transfer is available with a minimum deposit of $1,000 or ¥100,000, and funds will be credited within 1-3 business days.
Additionally, multiple cryptocurrencies such as BTC, ETH, and USDT are supported. The minimum deposit amount for cryptocurrencies is equivalent to $50, and the funds will be instantly credited upon transaction approval.
Notably, JadeFOREX does not charge any deposit fees, although customers are responsible for any remittance fees.