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etCapitals-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2022-05-20 21:06

Abstract:etCapitals says to be owned and operated by Lore Tech Solutions LLC, based in St. Vincent and the Grenadines. It presents that it is one of the biggest stock brokers in Europe in terms of active retail clients, providing its clients with the WebTrader advanced and yet user- friendly and highly customized trading platforms, as well as leverage as high as 1:400, competitive low spreads and a choice of three account types.

Note: Since this brokers official site (https://jetcapitals.com/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information

JetCapitals says to be owned and operated by Lore Tech Solutions LLC, based in St. Vincent and the Grenadines. It presents that it is one of the biggest stock brokers in Europe in terms of active retail clients, providing its clients with the WebTrader advanced and yet user- friendly and highly customized trading platforms, as well as leverage as high as 1:400, competitive low spreads and a choice of three account types.

Market Instruments

JetCapitals advertises that it offers various trading instruments, which include but are not limited to forex and stocks.

Account Types

JetCapitals says to offer three different account types, namely Silver, Gold and Platinum. However, we have no way to get any information about the minimum initial deposit amount.

Leverage

In terms of trading leverage, the maximum level offered by JetCapitals is quite high, up to 1:400. Attention that too high leverage is not always beneficial for traders due to its consistent gains and losses.

Spreads & Commissions

From the information on the Internet, we only found one piece of information about spreads. It stated that the spread for the EUR/USD pair was 1.3 pips. Unluckily, we have no way to verify if it is reliable. Other more detailed information about spreads and commissions are not available.

Trading Platform Available

JetCapitals claims that it gives traders an award-winning, advanced, user- friendly and highly- customized trading platform. Actually, it is a basic web-based trading platform lacking many of the standard features readily available with professional trading platforms like MetaTrader4 and MetaTrader5.

Deposit & Withdrawal

JetCapitals says to accept payment methods via major credit cards like VISA, MasterCard and China Union Pay, but actually they seems to work only with some third party payment providers like PayTechno and SandCheap. The minimum withdrawal amount is said to be $50 while no information about a minimum deposit requirement is available. However, in fact, the client can not make any withdrawals of initial investment or profits from the account unless bonus or awaiting deposit terms and conditions are fulfilled, according to the clauses about bonus policy on JetCapitals official site. And it also states that the broker itself maintains the right to change the terms of the bonus policy at any time.

Customer Support

JetCapitalss customer support can be reached through telephone: +442080979114, email: support@jetcapitals.com. Company address: First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines.

LeverageDealerBrokerForex tradingForex Brokerforex pips

Related broker

No Regulation
JetCapitals
Company name:Lore Tech Solutions LLC
Score
1.47
Website:https://jetcapitals.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.47

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