Jetafx

Jetafx is an online brokerage registered in Saint Lucia, with a registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet. The company was founded in March 2024 according to official records, though its website claims a founding year of 2001—a discrepancy that raises questions about transparency. No regulatory licences are currently on file for Jetafx.

Jetafx's core business is retail leveraged trading in forex, commodities, and indices. It also lists stocks, ETFs, bonds, mutual funds, and futures among its offerings, though CFD versions are likely. The broker is not licensed by any major financial authority, which is a significant risk factor for potential clients.

Jetafx offers four account tiers: Premium, Scalping, Zero, and Pro. The first three accounts require no minimum deposit, while the Pro account has a minimum of $100 (or equivalent in other currencies). Maximum leverage is up to 1:2000 for Premium, Zero, and Pro accounts, and 1:500 for the Scalping account. Such high leverage is unusual for regulated brokers and amplifies both profit potential and risk.

The account names suggest specific strategies: Scalping for high-frequency trades, Zero possibly for zero spread, and Pro for experienced traders. However, detailed spreads and commissions are not publicly disclosed on the website. The broker promotes instant funding and more than 50 payment methods.

Jetafx provides MetaTrader 5 (MT5) and its own proprietary Jetafx APP. MT5 is a widely respected platform known for advanced charting and automated trading. The proprietary app likely offers a mobile-friendly interface but its features are unclear. No desktop or web-based platform other than MT5 is explicitly mentioned.

Jetafx is not regulated by any recognised financial authority. The broker is registered in Saint Lucia, a jurisdiction that does not typically impose stringent oversight on forex brokers. The absence of regulation means clients have no recourse to a financial ombudsman or compensation scheme in case of disputes or broker misconduct.

Our FXCanary Scam Risk Score for Jetafx is 75/100, indicating a severe level of risk. This score reflects the lack of regulation, the discrepancy in founding year, and the aggressive leverage terms. Traders should exercise extreme caution and consider the potential for total loss of capital.

Jetafx appears to target retail traders seeking high leverage and low barriers to entry, as evidenced by the $0 minimum deposits on most accounts. The broker also appeals to introducing brokers through its partnership program. However, the lack of regulation means it is unsuitable for risk-averse traders or those requiring regulatory protection.