JT24 trading Review – Reasons Not To Believe Them Anything

If you didn’t notice on their website, ownership details are missing. Even though they are using a UK phone number, most likely they are not there. Otherwise, they would proudly present it. Note that T&Cs reveal that the governing law for any disputes is one in the Marshall Islands.

Generally speaking, nothing that would keep your funds safe. But there are many more you can find in this comprehensive JT24 trading review.

Broker status:	Unregulated
Regulated by:	No regulations
Operating Status:	Active trading scam
Known Websites:	https://jt-24.com/
Blacklisted by:	AMF, CSA
Owner:	N/A
Headquarters Country:	Marshall Islands
Foundation Year:	2022
Online Trading Platforms:	WebTrader / Sirix
Mobile Trading:	Available
Minimum Deposit:	$1000
Deposit Bonus:	Available
CFD Trading Option:	Yes
Crypto Asset Trading:	No
Available Trading Instruments:	Forex, Commodities, Indices, Stocks
Maximum Leverage:	1:1000
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	Considering lost licenses, closed investigation and 3 people arrested, you should have enough signs to avoid this broker.

Is the JT24 trading Legit or a Scam?

In the first place, the JT24 trading platform lacks transparency. Without any licenses presented, you can’t expect any funds protection feature. But to make sure this broker is not genuine, we searched for their regulations. Primarily in Tier 1 regulatory databases like FCA, BaFin and ASIC.

Of course, the broker is not found in any of those. However, they are listed in the AMF and CSA databases. Yet, not as regulated, but as a scam broker.

Traders Experience

If you have doubts about the broker’s legitimacy, it will be gone after reading their Trustpilot reviews. In fact, all 15 comments expressed negative journeys with this company.

Therefore, you can forget about any smooth operations here. Considering these statements from other traders, you can only have trouble. If any problem occurs, our refund experts are available for consultation.

How Does JT24 trading Work?

Since account types contain trading signals you can expect auto-trading software as their main pitch. Once traders join, the investment company will do anything to keep you as their client. With their shady WebTrader, they can manipulate market charts and make it look like you are winning.

Yet, whenever they decide that it’s enough, they can make it like you lost everything. In any case, as long as you are not withdrawing anything, you won’t have issues. But the nightmare starts once you request a payout. If that happens, contact our chargeback experts immediately!

Who Are JT24 trading Clients?

The broker doesn’t reveal when they started. Yet, their domain seems to be registered in 2022. In such a short period, they spread all across the world. But, they’re mainly targeting and scamming traders from:

• Sweden
• Canada
• France
• Australia

If you were also one of those, contact our team for refund advice.

What Are Trading Platforms Available?

Key features of this brokerage are based on their WebTrader. However, they will offer Sirix trader in the beginning to make themselves look legit. Slowly but surely they will make a transition to their favorite platform.

Keep in mind it can be easily manipulated. That’s why we always suggest, like in our Latoken review, that you choose a licensed broker with Meta Trader or cTrader.

Is the JT24 trading Mobile Trading App Available?

For anyone who enjoys trading on the go, you can choose jt-24.com iOS and Android apps. But, the lack of advanced features like social and copy trading, might be a dealbreaker. In any case, there are far more interesting features with other technologies.

What Financial Instruments Does The Platform Include?

In general, instrument availability should be the least of concerns. Especially if you are trading with regulated brokerages. But with JT24 trading everything is questionable. Anyway, the company claims to offer:

• Forex – GBP/HUF, EUR/NOK
• Commodities – gold, crude oil
• Indices – ASX200, CAC40
• Shares – Microsoft, Google

Account Types Offered by JT24 trading

Important to realize is that the minimum deposit requirement is $1.000. Yet, for an anonymous firm that’s quite a costly start. More importantly, in exchange for nothing. The options are:

• Mini – $1.000
• Standard – $2.000
• Premium – $5.000
• VIP – $10.000
• Platinum – $50.000

Can a Trader Use a JT24 trading Demo Account?

Another key fact is that this company doesn’t offer a demo account. Therefore, all the statements and features, lack testing options. Either you risk $1.000 with this swindler or you choose a legitimate broker. But to know how to diversify them, read our Bitso review carefully.

JT24 trading Fees, Leverage and Commission

More irregularities are coming with the company’s trading conditions. Or if you like, the lack of it. The only transparent information is the leverage. Which goes up to 1:1000 and can delete your account balance in a blink of an eye. Besides, none of the other costs are revealed.

Is the JT24 trading Welcome Bonus Available?

Of course, the firm offers additional financing up to 100%. Yet, without a transparent bonus policy, you should be extremely careful with accepting their T&Cs. After all, it could cost you everything you invested. To learn how bonuses can trick you, read our Apme FX review.

Is JT24 trading Withdrawal Possible?

Generally speaking, withdrawals are science fiction for their clients. The company designed everything to prevent those. After all, they are not here to help you but to rip you off.

Of course, the processing time is extremely long. Up to 9 business days, which gives them more than enough time for manipulations. Especially with their non-transparent fees.

What Should I Do If I Have a JT24 trading Problem?

The first thing is reporting it to the domestic regulator. Secondly, you can apply for a refund. Depending on your transfer method, you will have different options.

For detailed guidance, we suggest you book a meeting with our professionals. The first consultation doesn’t cost you anything. But it can reveal the path to getting your money back. Get in touch today!