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JT Trader

JT Trader review: Fraud. 1

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Author of the review
6:19 am EDT
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The disadvantages of trading with JTtrader;

No License:

JTtrader says to be owned and operated by JTTRADER FINANCIAL SERVICES LTD, which is presented as an international company, with branches both in New York, The U.S. and Toronto, Canada. In the same time all payment are said to be processed by Masterpay Ltd - a company based in Azerbaijan.

Part Of a Serial Scam:

And here, things are getting really interesting. It turned out the "Why Choose Us" section of JTtrader presentation in an exact copy of the "About Us" section of QuotaTrade - an anonymous, unregulated, scam broker which we investigated some time ago.

Unusual Withdraw conditions and fees

In it's client agreement JTtrader says you do not have the right to withdraw your own funds for a certain period of time after your account has been verified. Bear in mind that this is highly unusual and no legit broker will ever restrict the right to withdraw your own money.

MetaTrader4 not supported

JTtrader offers some unproven web based platform, which can barely match a professional trading platform like the Metatrader4

All the above features is enough red flag that states JTtrader isn't to be trusted in no conditions, if you are thinking of investing on their platform you should have a rethink and if you fell victim already and willing to get back your money, you can seek assistance of asset recovery specialists like wavefinancialservices @protonmail.com, file a report to the them today.

1 comments
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Göran Kundahl
, SE
Jun 17, 2020 2:34 am EDT
Verified customer This comment was posted by a verified customer. Learn more

Jttrader.com is back again!
I would be grateful if you could review jttrader.com´s new site named woolwichcapital.com
Jttrader.com doesn´t exist anymore, but their guys do.
Their new name is Woolwich Capital ltd and registered in London UK
After being scammed by jttrader.com I gathered all information I could find on the net and published my site jttrader.eu and reported to ActionFraud and to FCA, I got this site blacklisted and shut down.
Now the same scammers are back in another suit Woolwich Capital ltd.
They claim this time they are regulated by FSC, but I cannot find they are.
Grateful if you reviewed this site!
Best Regards
Göran
Göran