About JQL MARKETS
Overview
JQL Markets is a trading name registered in Canada, founded in August 2020. It operates the website jqlmarkets.com and presents itself as a global financial institution providing CFD trading services. The broker's headquarters is located at 500-7030 Woobine Ave, Markham, Ontario, Canada.
Regulation and Licensing
Our records indicate that JQL Markets does not hold any regulatory licenses from recognized authorities. Despite claims on its website regarding authorization by the Australian Securities and Investments Commission (ASIC), we could not independently verify this license. The absence of verifiable regulation is a significant concern for traders seeking oversight and protection.
Account Types
JQL Markets offers five account tiers: Silver, Basic, Gold, Pro, and Diamond. The minimum deposit requirements range from $1,000 for Silver and Basic accounts, $5,000 for Gold, and $10,000 for Pro and Diamond. The broker does not disclose maximum leverage for any account, which limits transparency.
Trading Instruments
According to the broker's information, traders can access Forex, Indices, Commodities, ETFs, and US Equities. The product range is typical for a multi-asset CFD broker.
Target Audience
JQL Markets appears to target retail traders, with account tiers catering to different capital levels. However, the lack of clear regulation and limited publicly available information means it may not be suitable for risk-averse traders.
Overview compiled by FXCanary from regulatory records and public data. full JQL MARKETS review