Wikilix independent safety report
Jewel Markets (fxjmarkets.com) is an unlicensed, high-risk broker that has now shut down, so we could not clear it and we treat it as unsafe for deposits. No court or regulator has found that it comm…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
What Wikilix has recorded about JEWEL MARKETS: its history, the licences it holds, its trading conditions and its fees.
Broker overview for traders, the main elements that all traders need to consider is;
Choosing the best broker for trading is the most important factor to consider when selecting your broker, and both new and experienced traders can benefit from working with the right broker. Jewel Markets presents itself to be a source for providing Financial Service and offers traders several different asset classes, and technology based tools to facilitate Investors in executing Trades.
There is little information available to the public on the JEWEL MARKETS, however, the limited available information gives traders some good ideas of what to expect from the JEWEL MARKETS platform.
Information Regarding the Broker
JEWEL MARKETS focuses its services primarily on different types of Trading Instruments and on a multiple type of asset class, and as the broker does not have a long-term Corporate History, this raises some concerns on the potential establishment of JEWEL MARKETS as a broker to beat the competition from a pricing perspective and to offer a friendly User Interface; as most other brokers, similarly to JEWEL MARKETS, tend to focus their resources and product offerings on Internet Technologies.
Outlined below are some of the Key Features and Services that JEWEL MARKETS may provide to the trading community.
Access to a Complete List of Traded Financial Instruments, Including, but not Limited to:
Major and Minor Currency Pairs
Oil and Gold
Equity Indices from Many Countries
Potentially CFDs and/or Cryptocurrencies
User Workflow on the JEWEL MARKETS Platform is Designed to Provide In-Depth Trading Analysis and Efficient Trade Execution.
Broker Regulatory Status
The Regulatory Status of Brokers is one of the most important factors to consider when selecting your broker. There is currently no publicly available information regarding JEWEL MARKETS and its regulatory licensing. This may be of a concern for those traders who want to operate within heavily regulated markets.
Regulatory Information
Regulator License Number Status
None — None Disclosed Publicly.
Trading Conditions and Trading Platforms
Based on the limited Amount of Information currently Available, the Trading Conditions on JEWEL MARKETS appears to be Similar to those of Many Competitors.
Overview of JEWEL MARKETS Trading Conditions
Feature Explanation
Spread Variable
Maximum Leverage 1:300
Minimum Amount to Deposit $50.00
Trading Platforms MetaTrader 5
MetaTrader 5 Offers Users Charts, Automatic execution of trades and when using Multiple Devices to execute trades and gives them the ability and flexibility of using MetaTrader 5 as a trading platform of their choice.
Fees and Commissions
Limited information is available on JEWEL MARKETS on its Fees, and all traders should contact JEWEL MARKETS to verify the applicable fees prior to making a deposit.
JEWEL MARKETS Fee Structure
Fee Type Explanation
Deposit Fee No Information Available
Withdrawal Fee No Information Available
Commission 0.00$ (No Commission).
User Experience with Jewel Markets and Jewel Markets' Reputation
Jewel Markets appears to focus on Meeting the Needs of Traders by delivering a Trading Platform that is Easy to Access and Provide Support Potentially from their Support Staff. However Due to Limited independent Feedback Current to Date for JEWEL MARKETS, traders should Test their Platform Using a Demo Account.
Recent Updates
At this time, no Major Updates, New Features or Changes in Operations By JEWEL MARKETS have been announced.
To Conclude
JEWEL MARKETS is positioned as a Fully Technology-Driven Multi-Asset Brokerage Offering Trading with New Technology for Modern Method of Trade Execution. But due to Limited Regulatory Transparency, Lack of Corporate Background and Fees We Recommend That Traders Exercise Caution When Considering Committing To This Broker.
If a trader chooses to work with JEWEL MARKETS, they should:
Verify all Licensing Directly
Confirm all Fees Related to Their Accounts
Test the Platform when possible using a Demo Account
By doing all of the above due diligence, traders should consider JEWEL MARKETS as a Potential Option for Traders that like Working Directly with a Broker to Receive High Levels of Service.
We have not confirmed any regulation for JEWEL MARKETS. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
We have not confirmed any regulation for JEWEL MARKETS. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
3 account types on record. Minimum deposit from USD 50. Leverage up to 1:300.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| MiniCent | USD 50 | 1:300 | No commission |
| Standard | USD 500 | 1:300 | No commission |
| ClassicStandard | USD 2,500 | 1:200 | No commission |
3 ways to fund an account. 3 credit instantly.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| credit cardsCredit Card | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| PayPalE-Wallet | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| CryptoCryptocurrency | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
One trading platform on record: MetaTrader 5.
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
One domain on record. All active and served over HTTPS.
JEWEL MARKETS names Jewel Markets Ltd as the operating company. We could not confirm that registration on the registry.
3 other brokers on the record share what JEWEL MARKETS offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about JEWEL MARKETS
Comments
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