About FOREX
Overview
FOREX is a forex broker registered in the United States and operating under the domain jsjt24x7.com. It was founded on January 13, 2023, and lists its office at 135 US Hwy 202/206, Bedminster, NJ 07921, USA.
As a relatively new entrant to the brokerage industry, FOREX aims to provide trading services to individual traders. However, due to limited publicly available information, a comprehensive assessment of its offerings is challenging.
Regulation and Safety
According to the information on file, FOREX does not hold any known regulatory licenses from financial authorities. This absence of regulatory oversight raises significant concerns for potential traders.
Traders are advised to exercise extreme caution when considering a broker without verified regulation, as it may not offer the protections typically associated with licensed brokers.
Account Types and Platforms
No specific details regarding account types or trading platforms are available for FOREX. The official website jsjt24x7.com does not provide clear information on these aspects based on our current data.
Prospective clients should seek clarification directly from the broker before committing any funds.
Instruments and Funding
Information on available trading instruments and funding methods is not provided in the records we have. As a forex broker, it is assumed that major currency pairs might be offered, but this cannot be verified.
Similarly, deposit and withdrawal options are unknown, which is a critical gap for traders evaluating the broker's accessibility.
Conclusion
In summary, FOREX is a US-registered broker with no confirmed regulatory licenses and scant public information. Its high scam risk score (85/100) reflects these concerns.
Traders are strongly advised to conduct thorough due diligence and consider alternative regulated brokers for their trading activities.
Overview compiled by FXCanary from regulatory records and public data. full FOREX review