JuraTrade

What is JuraTrade？

Jura Trade Limited, registered in Saint Vincent and the Grenadines, operates in the trading sector without any formal regulation.

Pros & Cons

Pros:

• MT5 Supported: JuraTrade offers compatibility with the MetaTrader 5 platform, so traders can access advanced trading tools and features for efficient trading strategies.

• Low Minimum Deposit: JuraTrade requires a low minimum deposit of $100, making it accessible for traders with varying capital levels to start trading.

• High Leverage: JuraTrade provides high leverage options, with a maximum leverage of 1:1000 for standard and ECN accounts, and up to 1:500 for professional accounts.

• No Commission Charged for Standard Accounts: JuraTrade does not charge commissions for standard accounts, so users can execute trades without incurring additional fees.

Cons:

• No Regulations: JuraTrade operates without regulatory oversight, which will concern users regarding the security and reliability of brokerage services.

• Strict Regional Restrictions: JuraTrade imposes strict regional restrictions on Australia, Canada, the EU and EEA, Japan, the United States of America, and countries sanctioned by the EU, etc., which limit access to its services for traders from certain countries or jurisdictions.

Is JuraTrade Legit？

• Regulatory Sight: JuraTrade is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.

• User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

• Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

JuraTrade offers a certain range of market instruments. These include:

1. Forex: JuraTrade facilitates trading in a wide range of currency pairs for traders to participate in the foreign exchange market and capitalize on currency fluctuations.

2. Indices: Traders can access a selection of global stock market indices, so users can speculate on the performance of broader market segments and diversify their investment portfolios.

3. Cryptos: JuraTrade offers trading opportunities in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

4. Commodities: The platform provides access to commodity markets including gold, silver, crude oil, and agricultural products.

5. Stocks: JuraTrade offers trading in individual stocks for investments in publicly traded companies across various sectors and industries.

Account Types

JuraTrade offers three main account types to cater to the diverse needs of traders - Standard, ECN, and Professional. Margin call and stop-out levels are consistent across all account types, set at 100% and 30%, respectively. The minimum deposit requirements are clearly listed on its official website.

Leverage

For Standard and ECN accounts, traders can access maximum leverage of up to 1:1000, so there will be significant potential for amplifying trading positions. However, for Pro accounts, the maximum leverage is capped at 1:500, reflecting a more conservative approach to risk management. The leverage options provided by JuraTrade are risky, but the upper limit is very high, so users can choose the leverage that suits them best.

Spread & Commissions

JuraTrade provides different spread and commission structures for different account types. The Pro enjoys the tightest spread starting from 0.1 pips. A commission will not be charged for standard accounts. The detailed spread and commission structure are listed in the table below.

Trading Platform

JuraTrade provides the MetaTrader 5 (MT5) trading platform with the following features.

1. Advanced charting tools: Analyze price movements with a variety of technical indicators, chart types, and drawing tools.

2. Market analysis: Access real-time market news, economic calendars, and analysis tools to make informed trading decisions.

3. Order execution: Execute trades quickly and efficiently with one-click trading and multiple order types, including market orders, limit orders, and stop orders.

4. Algorithmic trading: Develop, test, and deploy automated trading strategies using the built-in Expert Advisors (EAs) and MQL5 scripting language.

5. Multi-asset trading: Trade a diverse range of financial instruments, including forex, stocks, commodities, and cryptocurrencies, all from a single platform.

6. Mobile trading: Stay connected to the markets and manage your trades on the go with the MT5 mobile app, available for both iOS and Android devices.

Customer Support

JuraTrade offers a certain range of customer support channels to assist traders with their queries and concerns. Traders can reach out to the support team via email at support@juratrade.com or through telephone contact at +6621280469 or +66658867863. Additionally, JuraTrade maintains an active presence on social media platforms such as Facebook, LinkedIn, and YouTube, allowing traders to engage with the company and stay updated on the latest news and announcements.

Conclusion

As a broker, JuraTrade offers high-leverage options and supports the MT5 trading platform. It requires a relatively low minimum deposit and standard accounts are commission-free. However, it currently holds no regulations. In this case, we do not recommend users to trade with this broker.

Frequently Asked Questions (FAQs)

Question: Does JuraTrade support MT4/5？

Answer: Yes, it does support MT5.

Question: What is the minimum deposit required？

Answer: The minimum deposit required is $100.

Question: What is the maximum leverage provided by JuraTrade？

Answer: The maximum leverage provided by JuraTrade is up to 1:1000.

Question: Is there a commission charged by JuraTrade？

Answer: There is no commission charged for a standard account. However, a commission of $10 is charged for ECN accounts, and a commission of $6 is charged for Pro accounts.

Question: Is there any regional restriction？

Answer: Yes. There are regional restrictions on Australia, Canada, the EU and EEA, Japan, the United States of America, and countries sanctioned by the EU, etc.

Question: Is JuraTrade regulated or not？

Answer: No, it is not regulated.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.