Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
6/10 · HighA genuine, in-force licence confirmed on the Seychelles FSA register, but offshore and low-tier with no compensation scheme behind it.
Identity & transparency
3/10 · LowNamed legal entity, matching register contact on its own domain, real traceable founders and an active UK company at Companies House.
Withdrawals & conduct
5/10 · ModerateThree fund-integrity complaints alleging blocked withdrawals, all on one platform, none with amounts or reference numbers, so the pattern is unconfirmed.
Reputation
5/10 · ModerateVery thin footprint: no Trustpilot profile at all, a handful of aggregator entries, and some neutral trade-press coverage of the launch.
Website claims
3/10 · LowHonest disclosure of the offshore entity, licence number and restricted countries, with no fake tier-one claims, awards or profit promises.
Operational history
5/10 · ModerateAbout two years of verified operation from the July 2024 domain and January 2024 UK company, with no exaggerated age claim on the site.
Who they are
A quick desk file on the company behind the brand.
- Brand: JT Markets
- Legal entity: JT Markets Limited, shown on the regulator's register as JT Markets Ltd
- Registered: Block A9, Room 2, First Floor, Providence Complex, Providence, Mahe, Seychelles, per the FSA register
- Website: jtmarkets.trade, with a client portal at portal.jtmarkets.trade and an institutional arm at jtprime.trade
- Only licence: Seychelles FSA securities dealer licence SDL215, an offshore authorisation
- Behind it: Jonathan Brewer and Raj Sitlani, co-founders of iS Prime, through UK company JT Core Services Limited (company number 15385098). Trevor Barwell is named as group chief executive
- Offers: Retail forex and CFDs on MetaTrader 5, roughly 1,500 instruments, leverage advertised up to 1:1000
- Not accepted: Residents of the United States, Canada, Russia, Iran, North Korea, Myanmar, Cuba, Syria, Sudan and Afghanistan, among others
- Age claim: The site makes no claim to be old. It cites 80 years of combined staff experience, which is about the people, not the company
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Financial Services Authority (Seychelles)
Why we reached this verdict
How the evidence adds up.
This is a high-risk rating driven by the profile of the business, not by anything we caught it doing.
- The regulatory check passed. We opened the Seychelles FSA capital markets register and found JT Markets Ltd listed as a securities dealer. The register publishes the firm's contact email as an address at jtmarkets.trade and its phone as +248 4379212, both matching the site under review. That rules out the most common failure we look for, a broker wearing another company's licence.
- The licence is nonetheless weak. Seychelles is a low-tier offshore jurisdiction. Licence SDL215 permits the business to operate, but it comes with no deposit compensation scheme, no ombudsman and light supervision. It is permission to trade, not protection for your money.
- The track record is about two years. The domain jtmarkets.trade was registered on 18 July 2024. The UK company JT Core Services Limited was incorporated on 3 January 2024. The shorter of those two legs governs, so we treat this as a two-year-old operation. We could not date the Seychelles company itself because that registry is not publicly searchable, so the figure rests on the domain and the UK company.
- Being under three years old carries the score up. On the evidence alone the score came out at 45 percent. Our rules raise a young operation to a minimum of 65 percent, because a short clean record is the case where a clean record proves least. We want to be plain about this: the extra points reflect youth and an offshore licence, not misconduct we found.
- The complaints do not yet form a pattern. Three people allege blocked withdrawals, dated November 2025, May 2026 and August 2026. They describe a similar failure, which matters. But they sit on a single aggregator, they are spread across nine months rather than clustered, and not one includes an amount, a transaction date or a ticket reference. On our four-part test that is one axis out of four, which is not enough to call a withdrawal problem established.
- Nothing appears on any warning list. We checked and found no regulator alert naming this firm or this website. The FCA warning for a firm called JT Capital Markets is a different business at jtcapitalmarkets.com in Zurich, and we have not counted it here.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Seychelles Financial Services Authority lists JT Markets Ltd on its capital markets securities dealer register, publishing a Providence, Mahe address, phone +248 4379212 and a contact email on the jtmarkets.trade domain. This ties the licence to the website under review.
E2A licence certificate on a third-party broker directory records licence SDL215 as held exclusively by JT Markets Ltd in Seychelles, with the same institution email seen on the regulator's register. No effective or expiry date is published.
ModerateA third-party broker directory licence certificateE3The domain jtmarkets.trade was registered on 18 July 2024 through GoDaddy, making the main website about two years old.
E4The institutional domain jtprime.trade was registered on 20 May 2026, only three months before this review, confirming the group is still building out rather than long established.
E5JT Core Services Limited, the UK company owned by the founders, is active at Companies House under number 15385098, incorporated on 3 January 2024, with a confirmation statement filed on 5 August 2026.
ModerateUK Companies HouseE6The broker's own regulation page states plainly that JT Markets Limited is a Seychelles company regulated by the FSA under licence SDL215 and that client funds are held in segregated accounts. It names the licence but publishes no direct link to the register.
ModerateJT Markets regulation pageE7Industry press reports that JT Markets was founded by Jonathan Brewer and Raj Sitlani, co-founders of institutional broker iS Prime, operating through JT Core Services Limited. The principals are real, named figures with verifiable careers.
ModerateTradeInformer industry newsE8A review aggregator carries three complaints tied to jtmarkets.trade alleging blocked withdrawals and a frozen account, dated 27 November 2025, 29 May 2026 and 14 August 2026. None states an amount, a transaction date or a ticket reference.
ModerateBrokersView broker profileE9Trustpilot holds no review profile at all for jtmarkets.trade, so the broker has almost no independent consumer review footprint despite operating for two years.
ModerateTrustpilotE10The FCA warning under the similar name JT Capital Markets concerns a different business at jtcapitalmarkets.com registered in Zurich, Switzerland. It does not relate to JT Markets Limited or jtmarkets.trade and has not been counted against this broker.
E11The address on the regulator's register, Block A9 Room 2, differs from the address the broker publishes on its own site, Room B11, though both are in the same Providence Complex building in Mahe.
E12The broker states its licence is verifiable on the FSA public register but publishes no direct verification link, so a client must locate the register entry unaided.
The other side
The strongest case in this broker’s favour.
There is a genuinely strong case that this is an ordinary new offshore broker rather than anything sinister.
- The founders are real, named and checkable. Jonathan Brewer and Raj Sitlani co-founded iS Prime, a well-known institutional liquidity provider, and left it in 2023. Their move into retail broking was reported independently by industry press. Scam operators do not usually attach traceable careers to their venture.
- The disclosure is honest. The site says plainly that it is a Seychelles company under an offshore regulator, prints the licence number, and lists the countries it will not accept. We found no claim of a tier-one licence, no invented awards, no guaranteed returns and no inflated founding date.
- There is a real UK company filing real paperwork. JT Core Services Limited is active at Companies House and filed a confirmation statement on 5 August 2026.
- The register entry matches the business. The regulator lists a contact email on the firm's own domain, which is a stronger identity link than most offshore register entries provide.
- The complaints may simply be noise. Three unverified posts on one aggregator, with no figures or references, is what almost every broker of any size accumulates. We have not treated them as proof of anything.
- Two years is short, not suspicious. Every legitimate broker was once two years old. Our rating reflects that we cannot yet see how this one behaves, which is a limit on our knowledge rather than a finding against it.
What would change this
What we would need to see to revise the verdict.
Concrete things that would move this rating in either direction.
- Would lower it: another twelve to eighteen months of operation with a visible, independent review footprint showing withdrawals being paid.
- Would lower it: the firm adding a licence from a tier-one or tier-two regulator, or publishing a direct verification link to its FSA entry alongside audited client-money reporting.
- Would lower it: credible first-hand accounts on established platforms of withdrawals completing normally, which would offset the three unverified complaints.
- Would raise it sharply: a fourth or fifth withdrawal complaint carrying amounts, dates or ticket numbers, especially clustered in one window or appearing on a second independent platform.
- Would raise it sharply: any demand that a client pay a tax, fee or insurance charge before funds are released. That single pattern would change our verdict on its own.
- Would raise it to a scam finding: any regulator warning naming jtmarkets.trade or JT Markets Limited, or the FSA licence being suspended, withdrawn or lapsing while the site still advertises it.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Seychelles FSA securities dealer register
Open the Securities Dealer tab and look for JT Markets Ltd to confirm licence SDL215.
UK Companies House record for JT Core Services Limited
The UK service company owned by the founders, incorporated 3 January 2024.
JT Markets regulation page
The broker's own statement of its licence and client-money arrangements.
FCA warning for JT Capital Markets
A different, unrelated firm in Zurich. Included so readers do not confuse the two names.
Frequently asked questions
Quick answers about this broker’s safety.
Is JT Markets a scam?
We found no evidence that it is. Its Seychelles licence is genuine and confirmed on the regulator's own register, and no warning list names it. We rate it 65 percent risk because it is only about two years old and holds only an offshore licence, which limits how much protection you have if something goes wrong.
Is JT Markets regulated?
Yes, but offshore. JT Markets Ltd appears on the Seychelles Financial Services Authority securities dealer register under licence SDL215. That is a real, in-force authorisation. It is not equivalent to being regulated by a body such as the FCA or ASIC.
What is a Seychelles FSA licence actually worth?
It confirms the company exists, met a capital requirement and is permitted to deal in securities. It does not give you a compensation scheme, an ombudsman or close day-to-day supervision. Offshore licensing is best read as permission to operate rather than protection for your deposit.
Can I withdraw my money from JT Markets?
The broker advertises withdrawals in under 15 minutes, and we found no confirmed pattern of refusals. However, three people on one review aggregator alleged blocked withdrawals between November 2025 and August 2026. None supplied amounts or reference numbers, so we could not verify them. Test with a small withdrawal before depositing meaningfully.
Is my money safe with JT Markets?
The company says client funds sit in segregated accounts at tier-one banks, separate from its own capital. We could not independently audit that. Because the licence is offshore, there is no deposit insurance, so treat any balance there as capital you could lose if the firm failed.
Who owns JT Markets?
It was founded by Jonathan Brewer and Raj Sitlani, the co-founders of institutional broker iS Prime, who co-own UK company JT Core Services Limited. Trevor Barwell is named as group chief executive. These are real, traceable industry figures, which is a meaningful point in the broker's favour.
How old is JT Markets?
About two years. The main website was registered on 18 July 2024 and the UK company behind it was incorporated on 3 January 2024. We could not establish the incorporation date of the Seychelles company because that registry is not publicly searchable.
Is JT Markets a clone of another broker?
No. We checked the licence against the regulator's register and it belongs to JT Markets Ltd itself, with a contact email on the same jtmarkets.trade domain. There is no sign of it borrowing another firm's identity or licence number.
Is JT Markets the same as JT Capital Markets, which the FCA warned about?
No, and this is worth being clear about. The FCA warning concerns JT Capital Markets at jtcapitalmarkets.com, based in Zurich. That is a different company with a different website. We did not count that warning against JT Markets.
Why is the risk score 65 percent if you found no fraud?
Because a clean record over two years proves very little. Our rules raise any broker under three years old to at least 65 percent, since a young firm has not yet been tested by a market shock or a wave of withdrawals. The score reflects unproven history, not proven wrongdoing.
What should I check before depositing?
Confirm JT Markets Ltd on the Seychelles FSA register yourself. Read the withdrawal terms and any bonus conditions that could lock your balance. Deposit small, trade, then withdraw everything once to see the process work before you scale up.
What do I do if I cannot withdraw from JT Markets?
Put the request in writing, keep every ticket number and screenshot, and escalate through the broker's formal complaints procedure. If that fails, complain to the Seychelles Financial Services Authority. Never pay a fee, tax or insurance charge that someone claims will unlock your funds, as that request is itself the mark of a scam.
What we recommend
The practical takeaway from everything above.
Treat this as a young offshore broker and size your exposure accordingly.
- Check the licence yourself. Open the Seychelles FSA securities dealer register and look for JT Markets Ltd. Do not rely on a badge printed on a broker's own website.
- Understand what the licence does not do. There is no compensation scheme behind a Seychelles securities dealer licence. If the firm fails, your deposit is not insured by anyone.
- Test withdrawals early and small. Deposit a modest amount, trade it, then withdraw the full balance before committing more. How a young broker handles that first withdrawal tells you more than any review.
- Keep records. Save deposit confirmations, ticket numbers and support correspondence from day one.
- Walk away from any request for an upfront payment to release your funds. No legitimate broker requires a tax or unlocking fee before paying you.
- Do not treat leverage of 1:1000 as an opportunity. It is available precisely because no tier-one regulator supervises this entity.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 17, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.