Score

2.22 /10
Danger

Broker Jet

Cambodia

1-2 years

Regulated in Cambodia

Common Financial Service License

Suspicious Overrun

Medium potential risk

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Score

Regulatory Index1.76

Business Index4.37

Risk Management Index0.00

Software Index4.00

License Index1.76

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-30
  • This broker exceeds the business scope regulated by Cambodia SERC(license number: 013)SECC Common Financial License Non-Forex License. Please be aware of the risk!

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Broker Jet · Company summary
Aspect Information
Company Name Broker Jet
Registered Country/Area Cambodia
Founded Year 2017
Regulation Expired Regulation
Minimum Deposit N/A
Maximum Margin 5%
Platform MT4 Platform,WebTrader
Tradable Assets Forex, Gold & Silver, Energies, Indices, Shares, Crypto
Account Types N/A
Demo Account Yes
Customer Support Phone, Online chat, Email, Offline Visit, Request Call Back
Educational Resources Video Courses
Deposit & Withdrawal Bank transfer

Overview of Broker Jet

Broker Jet is a broker operating in Cambodia since 2017 with expired regulation. It offers a range of trading products through its MT4 platform, including Forex, Gold & Silver, Energies, Indices, Shares, and Crypto.

Traders can choose from live or demo accounts with a competitive margin of 5%. The broker emphasizes customer support, providing multiple contact options, friendly and expert services 24/7, and video courses for new traders.

Overview of Broker Jet

Regulatory Status

Broker Jet is currently unregulated since its SERC regulation expired. Traders are advised to be aware of the risks associated with the lack of regulatory oversight.

Regulatory Status

Pros and Cons

Broker Jet offers several advantages, including a diverse range of tradable assets, convenient trading platforms and WebTrader, 24/7 customer support, and competitive margins. Additionally, the broker provides demo accounts to ensure new traders have the opportunity to practice trading strategies and familiarize themselves with the platform before engaging in real transactions.

However, the broker is unregulated, which poses risks for clients. Although Broker Jet offers some video courses, the educational resources remain limited.

Pros Cons
Diverse range of tradable assets Unregulated
24/7 customer support Limited educational resources
Competitive margin
Convenient trading platforms
Unavaulable demo accounts

Market Instruments

Broker Jet offers a comprehensive range of assets, including more than 100 instruments such as Forex, Gold & Silver, Energies, Indices, Shares, and Crypto.

Traders can engage in forex trading directly with interbank pricing via the low-latency networks provided by Broker Jet, with a margin of 0.2%. For those interested in gold or silver, Broker Jet gives traders the opportunity to speculate on new markets and hedge against inflation. Additionally, traders can buy and sell different types of oil and oil-linked assets aiming to make a profit.

For those who prefer to trade indices, shares, and crypto, they can diversify their portfolio by trading indices, access more than 80 stocks from the world's leading reputable companies, and go long or short across a range of the worlds largest and most popular cryptocurrencies.

Market Instruments

How to trade?

Trading with Broker Jet is a straightforward process that can be completed in a few simple steps:

  1. Open an account: Visit the Broker Jet website and click on the 'Open an Account' button. You will be directed to the registration page, where you need to provide some basic personal information.

  2. Select a currency pair: Choose a currency pair that meets your specific requirements and preferences.

  3. Analyze the market: Analyze market trends and data to make informed investment decisions and identify potential opportunities for growth.

  4. Start trading: Once all the steps are completed, you can begin trading and potentially make a profit.

How to trade?

Platform

Broker Jet provides trading tools that allow clients to trade online conveniently anytime and anywhere via web, mobile, and desktop platforms. Traders can download MT4 for Windows using the method provided by Broker Jet on their website.

From these platforms, clients have access to multiple order types, various charting options, newsfeeds, and technical indicators.

Platform

Deposit & Withdrawal

The payment methods at Broker Jet typically include bank transfers from institutions such as ACLEDA BANK, CANADIA BANK, the Bank for Investment and Development of Cambodia, and Advanced Bank of Asia.

Deposit & Withdrawal
Deposit & Withdrawal

Customer Support

Broker Jet provides various contact options to assist clients with different needs:

Telephone consultation: Responsive customer service at Broker Jet is ready to answer any questions you may have. Our number is: 096 475 5064.

Live Chat: You can contact the company via live chat or online message. Your inquiries are important, and the broker aims to respond promptly.

Request Call Back: Feel free to share your phone number, and the broker will call you back.

Head Office: Our office is located at Amass Central Tower, Building 176, Street 63, Sangkat Boeung Keng Kang 1, Khan Boeung Keng Kang, Phnom Penh, Cambodia.

Email: Customers can contact Broker Jet via email at info@brokerjet.com.kh.

FAQs: If you have questions and seek quick answers, Broker Jet offers a comprehensive list of Frequently Asked Questions (FAQs) on their website, where you can find a lot of useful information.

Customer Support

Educational Resources

Broker Jet offers clients limited educational resources, including some video courses. These courses are designed to introduce new traders to Forex trading by explaining its mechanics, the major currency pairs involved, and the concept of leverage, which is crucial for maximizing potential profits in the forex market.

Educational Resources

Conclusion

In conclusion, Broker Jet is a broker that offers several advantages, including a diverse range of tradable assets, convenient trading platforms and WebTrader, 24/7 customer support, competitive margins, and demo accounts. However, the broker is unregulated, which poses risks for clients. Additionally, educational resources are limited. Traders should carefully consider these factors when choosing to trade with Broker Jet.

FAQs

Q: Is Forex risky?

A: Yes, we advise all our clients that foreign exchange trading involves a substantial amount of risk. However, the profits can be unlimited.

Q: Can I lose more than what Ive deposit?

A: No, we offer Negative Balance Protection (NBP) to all clients, meaning you can never lose more than what youve deposited.

Q: Do you apply swaps to trades?

A: Yes, with certain account types, you will earn or be charged swaps on any position you hold open overnight

Q:How do I change my account details?

A:To change your account details, please contact your Client Relationship Manager or a member of our support team. You can email us at support@brokerjet.com.kh

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