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JEK TRADE

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Operating status: SCAM

Website: https://www.jektrade.com/

Broker violations and abnormal records
  • 2023-10-17 The UK FCA issued a Warning against JEK TRADE

    On 16 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that  JEK TRADE was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/jek-trade

    On 16 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that JEK TRADE was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/jek-trade
  • 2023-10-17 BrokersView has Reviewed that JEK TRADE is an Unregulated Broker

    JEK TRADE claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 

    In addition, it is located in UK. However, upon investigation, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that JEK TRADE was providing finacial services or products without authorisation.

    The truth is that JEK TRADE is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    JEK TRADE is a scam.

    JEK TRADE claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. In addition, it is located in UK. However, upon investigation, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that JEK TRADE was providing finacial services or products without authorisation.The truth is that JEK TRADE is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.JEK TRADE is a scam.

Related Complaints

Q&A

Is JEK TRADE real??I didn't see this broker before.

Mu Hsuan Baldean
Oman
2023-11-03
ANSWER JEK TRADE appears to be a fake trading platform. JEK TRADE claims to be operated by Fixeday Investment Limited, a company registered with the Companies House (CH) under number 11287878. While we did find matching entries in the CH registry, it is crucial to note the mere registration with the CH doesn't mean being authorized to provide financial services or products in the UK. Almost all businesses or individuals are required to be licensed by the Financial Conduct Authority (FCA).However, an investigation revealed that the FCA has issued a warning against JEK TRADE for offering financial services or products without proper authorization.The reality is that JEK TRADE operates outside of the regulatory framework. Allowing it to manage or control investors' funds is risky, and these funds are not protected by any laws. To mitigate such substantial risks, it is advisable to steer clear of unlicensed brokers like JEK TRADE and instead choose fully regulated ones.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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