JETbitX Review – Is it the Right Fit?

Are you interested in growing your wealth? Do you want to supplement your income? Regardless of the reason, there is no doubt that the financial markets are rife with money-making opportunities that can be availed by people all over the globe. You can find numerous stories of people who started small in the financial markets and were able to mass huge fortunes over the years, through the opportunities available. While this was quite well-known, a lot of people were unable to trade because of the barriers of entry that existed. Fortunately, technological advancement has eradicated any such barriers and has now given anyone and everyone the opportunity to trade in the financial markets.

What do you need to do in order to begin? You don’t need to obtain any specific degree or qualification and neither is there any experience requirement. You don’t need to have massive amounts of money to get started either. The only thing you do require is a broker because they will unlock the doors of the financial markets for you. It will not take you long to come to the conclusion that there are a multitude of brokerages that can be found in the market. The popularity of online trading has resulted in the increase in their numbers significantly.

However, it is also important to understand that no two companies are created equal. There are both good and bad options that exist in the market. As a matter of fact, there have been incidents relating to scam brokers that have gained a lot of attention and have made people wary. Yes, you need to exercise caution because not every company in the market can be trusted. Plus, there are some shady companies that also exist in the market and they simply lack the features and offerings needed for delivering a smooth trading experience.

These brokers would definitely not be a good fit for you and can affect your overall trading experience. Thus, when you have to choose one from the companies in the market, you need to do your due diligence in order to identify one that will be a good fit for you. Does JETbitX meet that criteria? Established by a Cypriot Investment Firm (CIF) known as CFD Advanced Ltd., this broker has received a number of recognition awards for its services, but you still need to take a look. Would it be the right fit? Let’s find out:

Regulation and Security at JETbitX

Do you want to use a shady company that cannot protect your information or your money from cyberattacks and can disappear overnight? No one wants to work with such a broker, especially when their hard-earned money and their sensitive information is on the line. So, how do you ensure this doesn’t happen? You take a look at the regulation and security of the broker in question. JETbitX, as mentioned above, is founded by a registered and licensed firm in Cyprus, which means that it is regulated by the Cyprus Securities and Exchange Commission (CySEC), recognized as one of the most well-reputed regulators in the world.

If that wasn’t enough, JETbitX is also regulated in the UK by the FCA (Financial Conduct Authority) and in Australia by the ASIC (Australian Securities and Investment Commission). It also falls under the Markets in Financial Instruments Directive (MIFID II). As far as funds protection is concerned, they have opted for account segregation for their clients. This means that traders’ funds are kept separate from the company’s own and are only used for their trading activities. They are also maintained by the top global financial institutions. Moreover, JETbitX is part of the Investor Compensation Fund (ICF).

This membership implies that traders will be refunded their deposits in the event of the broker’s bankruptcy or suspension of services. As far as your information is concerned, JETbitX uses high-grade encryption technology for encrypting all sensitive and confidential data they accumulate while providing their services. A Privacy Policy is also in place to indicate that they do everything in their power to protect your privacy. They have also implemented the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) security policies on their platform.

As per the rules of these policies, traders have to provide documents to JETbitX for proof of identity and address. The former can be done by sharing a national ID card, an international passport or a driver’s license. The latter requires a utility bill, whether gas, water or electricity or a bank statement, showing name and address. These documents are necessary for submission for you to be able to make transactions through your trading account. These measures can help reduce the risk of financial fraud, money laundering, identity theft and terrorism financing.

Trading Products at JETbitX

Even if you find a regulated and secure firm, there is no guarantee that they will be the right fit for you. There are various other factors that should be taken into consideration in order to decide this and one of them are the trading products that are offered by JETbitX. How can the broker be a right fit if it doesn’t offer you the assets you want to trade? Some people have specific trading products in mind when they decide to venture into the financial markets, while others are simply seeking lucrative opportunities that can help them diversify their portfolio and maximize their profits.

Therefore, you need to ensure that JETbitX can deliver what you are seeking. They are able to cater to your needs, regardless of which category you fall into, because they have a wide range of trading products available. You will find more than 250 options to explore and these belong to some of the biggest financial markets and the number ensures that diversification is easy. They give you room to trade in the forex market, which is the world’s largest financial market and offers hundreds of currency pairs for trading. EUR/USD, GBP/JPY, USD/CHF, AUD/CAD and GBP/USD are a few choices you will find.

There is the stock market, where you can trade stocks of companies like Google, Apple, eBay, Amazon, Tesla, Microsoft, Adidas, Volkswagen and HSBC Holdings. If you prefer products looking at the bigger picture, the indices market is a good choice for you to explore. NASDAQ 100, FTSE 100, S&P 500 and DOW JONES are a few choices you will find. Furthermore, JETbitX has also added commodities that can be useful in balancing your risks. There are precious metals like gold, silver and palladium, energies like natural gas and crude oil and agricultural items like soybeans, wheat and rice.

Last, but certainly not the least, JETbitX has also added cryptocurrencies to their offerings because these trading products are in high demand. You will be able to trade some of the top options, including Bitcoin, Litecoin, Ethereum, Bitcoin Cash, USDC and Cardano on the platform.

Trading Platform at JETbitX

After you have checked their trading products, you should move onto their trading platform next because you want to make sure it is capable and versatile enough to help you in trading. There are different types of trading platforms that exist in the market. Some brokers tend to offer the already existing ones, while others prefer to develop their own. JETbitX falls in the latter category and they have chosen to come up with a web trading platform for their clients. This can be the right fit for any trader because it doesn’t require any download or installation and is simply accessible through the browser.

But, don’t you need a desktop platform for the ultimate trading experience? JETbitX has equipped their trading platform with every single feature and tool that you normally associate with a desktop client and have used innovative technology to do so. Despite the technology, they have kept their platform easy to use and navigate for everyone and the feature-rich environment ensures that every trader is able to maximize their trades as much as possible. You can benefit from 99% trade execution under one minute, which is downright impressive, because it helps you in taking advantage of all market movements.

You can trade multiple assets from a single platform and its dashboard is completely customizable. You will also find that JETbitX has added a horde of trading tools, which include trading indicators, price alerts, trading signals, market calendar, fundamental and technical analysis tools, graphs and charts and the latest market tools. Moreover, they have also added a Mobile Trader, which as the name shows, has been developed primarily for mobile devices. You can use this platform to trade from anywhere and at any time, thereby ensuring that you don’t miss out on any opportunities.

Registration Requirements at JETbitX

You need to know exactly what you will be required to do when you decide to sign up with a broker. If they ask for excessive personal information and documents, you should probably steer clear of them because this would usually be done by shady firms for exploiting their clients. With JETbitX, you don’t have to worry about any such thing because their registration requirements only comprise of filling out a single form on their website. This form will only take you a couple of minutes and asks for the most basic of data, so you don’t need to be concerned.

To sign up on their platform, you will be asked to provide your first name, last name, an email address and a password, a phone number and country you are in. You also need to agree to their Terms & Conditions, which are mentioned on JETbitX’s website. You can go over these before you sign up and this helps you make sure you understand what you are getting into.

Customer Support at JETbitX

It wouldn’t be prudent for you to opt for a broker if you don’t know whether they offer you any support options or not. The world of trading is an unpredictable one and you may have questions and concerns when you are navigating this space. You could also encounter technical problems with the trading platform or have queries about the broker’s procedures and policies. In all situations, you need assistance and need it right away. No one likes to wait or enjoys delays, but the fact is that not every company will be able to offer you this.

Luckily, JETbitX doesn’t fall in this category because their goal is customer satisfaction and they have achieved it by adding 24/6 customer support via various channels. Traders can visit the Contact Us section on their website for filling out the form they provide. You can also send in your query via email. If you are looking for quick solutions, you will find the live chat option on the website to be quite helpful and you can also give their agents a call if you want. There are multiple phone numbers provided on their website for offices in different countries around the world, including Belgium, Netherlands, United Kingdom, Australia and New Zealand.

Conclusion

Along with these features, you will find a range of account options offered by JETbitX for accommodating different categories of traders, an array of payment methods for making deposits and withdrawals and extensive and detailed educational resources and materials, making it the right fit for any trader who wants to tap into the opportunities of the financial markets.