JadeFOREX is a promising new overseas forex broker that launched its services in 2021.
is characterized by its high execution rate and the adoption of a highly transparent NDD (No Dealing Desk) system. It promotes a safe and secure trading environment, and its official Japanese social media accounts proclaim it to be an forex company that values its relationship with its customers
This article provides a thorough explanation of JadeFOREX's reliability, user reviews, rumors of withdrawal refusals, and whether or not they offer bonuses
What you will learn from this article
- JadeFOREX: Good and bad reviews
- JadeFOREX's reliability and safety
- Account type details
- Rumors of withdrawal refusal
- JadeFOREX Bonus Campaign
- How to open a JadeFOREX account and how to deposit and withdraw funds
Contents
- 1 JadeFOREX positive reviews and testimonials
- 2 Bad reviews and comments about JadeFOREX
- 3 JadeFOREX's safety and reliability
- 4 Account type details
- 5 JadeFOREX Bonus Campaign
- 6 How to open a JadeFOREX account and start trading
- 7 JadeFOREX deposit and withdrawal methods and fees
- 8 Frequently Asked Questions about JadeFOREX
- 8.1 Q. Can Japanese people use it too?
- 8.2 Q. Is it dangerous to open an account with JadeFOREX?
- 8.3 Q. What are the good reviews and advantages of JadeFOREX?
- 8.4 Q. What are the negative reviews and disadvantages of JadeFOREX?
- 8.5 Q. What is the minimum deposit amount for JadeFOREX?
- 8.6 Q. What is the minimum withdrawal amount for JadeFOREX?
- 8.7 Q. Are there rumors about JadeFOREX refusing withdrawals?
- 8.8 Q. Can I open an additional account?
- 8.9 Q. Are there any fees for opening or maintaining an account?
- 8.10 Q. Are there any transaction fees?
- 8.11 Q. Can I change my account type midway through?
- 8.12 Q. What are the criteria for a stop-loss order?
- 8.13 Q. Will a margin call occur?
- 8.14 Q. Is hedging prohibited?
- 8.15 Q. Are there any prohibited actions?
- 9 JadeFOREX summary
JadeFOREX positive reviews and testimonials
- High execution rate
- Supports copy trading
- cTrader is available for free
- Fully Japanese language support
- They are running their own campaign
Below are some positive reviews and testimonials
Positive reputation ① High execution rate
As stated on the JadeFOREX official website, "We do not intentionally requote or reject orders, and we have achieved the execution of 99.32% of all orders within 20 milliseconds (1 millisecond = 1/1000 second)." This demonstrates a high execution rate almost guaranteed to be executed in markets that are not extremely liquid .
Furthermore, some overseas forex brokers use a practice called requoting, where orders are executed at a price more favorable to the company than the price at which the trader placed the order. However, JadeFOREX employs an NDD (No Dealing Desk) system, so requotes do not occur, and highly transparent trading is possible.
For beginners in overseas forex trading or those struggling to achieve results with high leverage, I recommend the broker "JadeFOREX".
— Juliana @ Debt Repayment Elegy (@aza_qx) October 29, 2023
With a maximum leverage of 200 and an A-book structure, it offers a sense of security during trading and is easy to use.
The downsides are the low leverage and wider spreads, making it unsuitable for gambling
Give it a try!
Register for an account here: https://t.co/QALWa421gW
Good reputation ② Supports copy trading
a system that copies professional trades and automatically executes trades for you, in exchange for paying a fee or success-based commission .
You can choose which traders to copy and check their past performance, allowing you to select traders that suit your own trading style, whether they are high-risk traders who offer high returns or traders who trade conservatively
Furthermore, since you can decide when to start and stop copying, you can stop it once you've made a profit
Because it's managed by professionals, the expected return is high , and even beginners have a good chance of making a profit easily. However, there are few overseas forex brokers that support copy trading, and most overseas forex brokers that supported copy trading in the past no longer do so.
However, JadeFOREX is the few overseas forex brokers that supports copy trading , and some traders open accounts with JadeFOREX specifically for the purpose of copy trading.
If you'd like to learn more about copy trading, please refer to this article for a detailed explanation
Positive review #3: cTrader is available for free
cTrader a cutting-edge trading tool that is more powerful than MT4/MT5 and is considered a next-generation trading tool .
Currently, very few overseas forex brokers offer cTrader, so the ability to use cTrader alone makes opening an account worthwhile
Additionally, tools for cTrader developed by traders around the world are also available
Positive reviews ④ Fully Japanese language support
Some overseas forex brokers have official websites that are only partially available in Japanese, or do not offer customer support in Japanese
full Japanese language support including its official website and customer support , so you can contact them entirely in Japanese.
Furthermore, all information regarding the tools and campaigns offered is in Japanese, so there's no problem even if you don't understand English
Positive review #5: Abundant unique campaigns
As of February 2025, the only campaign currently running at JadeFOREX the friend referral campaign . However, in the past, they have offered "deposit bonuses," "deposit gacha," and "login bonuses," and since these are labeled as "the [number]th campaign," it is highly likely that bonus campaigns will continue to be held regularly in the future.
In particular, while deposit bonuses are offered by competitors as well, deposit gacha and login bonuses are unique to JadeFOREX and represent a strength that other companies do not have.
There are people who have actually won prizes through the deposit gacha
I won a Yubari melon in Jadeforex's deposit lottery!
— kuwa (@panoramaworld) July 5, 2023
I'm just doing FX to kill time, but Jadeforex is easy to use and I'm really happy with it right now. #jadeforex #depositlottery pic.twitter.com/C1UGEOrori
Bad reviews and comments about JadeFOREX
- Maximum leverage is 200x
- Wide spread
- The stop-loss level is high
- Limited operational experience
The following are negative reviews and comments
Bad reputation ① Maximum leverage is 200x
JadeFOREX offers a maximum leverage of 200x .
However, since competing overseas forex brokers offer leverage of 500x or even 1000x or more, JadeFOREX's maximum leverage is relatively low compared to other companies
Generally, the risk increases in proportion to the leverage, so it's not always true that higher leverage is better. However, it's not suitable for those aiming for large returns with a small amount of capital
Negative reputation #2: Wide spread
JadeFOREX offers two account types: the Standard account has wider spreads compared to other companies , while the Low Spread account has spreads comparable to other companies, but the trading commission is above average
In particular, be aware that trading conditions are less favorable than those of other companies, especially for short-term trading such as scalping
Bad reputation #3: High stop-loss criteria
While stop-loss orders are designed to protect traders, high stop-loss levels can be a disadvantage for traders who want to trade right up to their margin maintenance requirement
However, JadeFOREX sets its stop-loss criteria higher than its competitors, at a margin maintenance ratio of 50% or less
Negative reputation #4: Limited operational experience
JadeFOREX only launched in May 2021 it has a short operating history . Compared to popular overseas forex brokers, it still has relatively few users and limited information available.
However, they are focusing on the trading environment and actively conducting unique campaigns , I think the number of Japanese users will increase in the future, but their reliability will need to be further enhanced.
JadeFOREX's safety and reliability
This section explains the reliability and safety of JadeFOREX
- Company Profile
- Financial licenses held
- Transaction method
- Fund management method
What is JadeFOREX?
| Operating company | Jade Belfort Limited |
| Date of establishment | April 2021 |
| Business License | FSA（227736） |
| Transaction method | NDD method |
| Fund management method | Separate management |
| Japanese support | can be |
JadeFOREX is a service offered by Jade Belfort Limited since May 2021. Although it is still relatively new, it has attracted the attention of many traders due to its emphasis on trading environment and conditions
However, JadeFOREX is an overseas forex broker with a short operating history, having only started operations in May 2021
Generally, the longer a company has been operating, the more reliable it is considered to be. However, even though JadeFOREX has a relatively short operating history it is putting a lot of effort into the Japanese market , which is evident from the information it provides on its official website and official Japanese social media accounts, as well as the quality of its campaigns.
What is the transaction method?
JadeFOREX uses the NDD (Abook)
Previously, with the DD (Dealing Desk) system, where FX brokers intervene in customer orders, there were instances where orders were executed at prices unintended by the customer, or orders were deemed unsuccessful, resulting in order rejection or refusal of withdrawals, leading to distrust of FX brokers
However, with the NDD (No Dealing Desk) method used by JadeFOREX, customer orders are routed directly to the interbank market for trading, so the FX broker does not intervene in the orders.
This dramatically increases the execution rate, enhances transaction transparency, and significantly reduces the possibility of withdrawals being rejected due to order content
For beginners in overseas forex trading or those struggling to achieve results with high leverage, I recommend the broker "JadeFOREX".
— Juliana @ Debt Repayment Elegy (@aza_qx) October 29, 2023
With a maximum leverage of 200 and an A-book structure, it offers a sense of security during trading and is easy to use.
The downsides are the low leverage and wider spreads, making it unsuitable for gambling
Give it a try!
Register for an account here: https://t.co/QALWa421gW
What are the requirements for a financial license and how are funds managed?
The financial license that JadeFOREX holds is from the FSA (Financial Services Authority of Seychelles) .
is considered one of the less reliable
However, obtaining a financial license is not mandatory, and there are overseas forex brokers that do not have one. Therefore, having a financial license provides a certain level of trustworthiness
we employ a segregated account system where customer funds are managed separately from operating funds . Therefore, even if JadeFOREX were to be unable to continue operations, your deposited funds would be protected.
Are the rumors about withdrawal refusals true?
I investigated rumors of withdrawal refusals, mainly on social media, but to conclude, I could not find any information confirming any such rumors regarding JadeFOREX
On the contrary, many users have reported that it only took a few hours from the withdrawal request to the actual transfer, so there seems to be no need to worry about withdrawal refusals
my Jadeforex
— Coolinger (@yoshi7541) March 22, 2023
account opening bonus at 10:00 AM on March 22nd,
the funds were confirmed to have arrived in my account at 12:47 PM on March 22nd
. That's incredibly fast
this will be helpful for anyone considering using Jadeforex.
Account type details
| Account type | Standard Account (STP Account) | Loan spread account (ECN account) |
|---|---|---|
| Account currency | USD, JPY | USD, JPY |
| Brands we handle | FX: 25 instruments Precious Metals: 2 instruments Energy: 3 instruments Crypto: 3 instruments Stock Indices: 4 instruments | FX: 25 stocks |
| Minimum initial deposit | 1,000 yen or 50 USD | 1,000 yen or USD |
| Trading currency unit (FX) | 1 Lot = 100,000 units of currency | 1 Lot = 100,000 units of currency |
| Minimum trading volume (FX) | 0.01 Lot | 0.01 Lot |
| Maximum trading volume (FX) | Maximum 30Lot | Maximum 30Lot |
| Spread (USD/JPY) | 0.6 pips ~ | 0.0 pips ~ |
| Trading Tools | cTrader | cTrader |
| Maximum leverage (FX) | Up to 200x | Up to 200x |
| Stop-loss criteria | Margin maintenance ratio below 50% | Margin maintenance ratio below 50% |
| Zero Cut System | can be | can be |
| Copy trading | Possible | Possible |
JadeFOREX offers two account types: the " Standard Account Loose Spread Account which only allows trading of currencies but has narrow spreads .
the maximum leverage of 200x for both account types is relatively low for an overseas forex broker, high-leverage trading is high-risk, so higher isn't always better.
Furthermore, the platform utilizes cTrader , which is available for free.
Furthermore, as it is one of the few that supports copy trading , it is not uncommon for traders to open an account specifically for copy trading.
JadeFOREX Bonus Campaign
Here are the bonus campaigns currently running as of February 2025
Refer a friend bonus campaign
| Bonus amount | 5,000 yen |
| Acquisition conditions | The trader you refer will meet the following conditions: "Initial deposit of 50,000 yen or more" and "Total trades of 10 lots or more" |
| How to apply | Contact support@jade-forex.com |
| Eligible accounts | Standard account / Low spread account |
| Precautions | Account opening via IBLink is not eligible |
The friend referral bonus campaign is a bonus campaign where if you refer someone to JadeFOREX from another company and the person you refer makes an initial deposit of 50,000 yen or more and trades a total of 10 lots or more, both you (the referrer) and the person you referred will receive a 5,000 yen cashback.
The application process is simple: once you meet the requirements, either you or the person you referred simply need to contact JadeFOREX support at support@jade-forex.com
However, even if you meet the conditions the cashback will not be credited automatically , so be sure to contact support once you have fulfilled the requirements.
How to open a JadeFOREX account and start trading
This guide explains the steps involved in opening a JadeFOREX account and starting trading
① Filling out the account opening form
here , enter your name, email address, and password, check the box that says "I agree to the Terms of Service, Guidelines, and Privacy Policy," and click "Start Trading."
You will receive two emails to the email address you entered: an "Account Activation Email (Subject: [Jade FOREX] Client Portal Login Information)" and an "cTraderID Password Setting Email (Subject: Welcome to cTrader ID)"
② Email address verification and account activation
The email you received contains an "account activation link," so click on it to complete the verification process
③ Setting your cTraderID password
Click the link in the email titled "cTraderID Password Setting Instructions" to set your cTraderID and password
④ Download and install cTrader
here , enter your ID and password, and log in.
On the next page, download and install the cTrader version that is compatible with your environment
⑤ Deposit of trading funds
④ Deposit trading funds from the client portal you logged into
This completes the preparations for the transaction
JadeFOREX deposit and withdrawal methods and fees
Deposit methods, minimum deposit amount, and deposit fees
The deposit methods for JadeFOREX are as follows:
| Payment Methods | Minimum deposit amount | Time until reflection |
|---|---|---|
| International bank transfer | 1,000 USD | Within 1-3 business days after payment is received |
| Domestic bank transfer | 1,000 yen | Within 1-3 business days after payment is received |
| Bitcoin | Equivalent to 50USD | Immediately after transaction approval |
| Ethereum | Equivalent to 50USD | Immediately after transaction approval |
| Ripple | Equivalent to 50USD | Immediately after transaction approval |
| ERC20 | Equivalent to 50USD | Immediately after transaction approval |
Withdrawal methods, minimum withdrawal amount, and withdrawal fees
The withdrawal methods for JadeFOREX are as follows:
| Withdrawal methods | Minimum withdrawal amount | Withdrawal fees | Estimated time until withdrawal |
|---|---|---|---|
| International bank transfer | 50 USD | (up to three times this month). For the fourth withdrawal and beyond, a fee of either 3,000 JPY (30 USD) or 1.5% of the withdrawal amount, whichever is greater, will be deducted. | 2-5 business days |
| Domestic bank transfer | 5,001 yen | 2-5 business days | |
| USDT (ERC20) | 50 USDT | 2-5 business days |
Frequently Asked Questions about JadeFOREX
We have compiled frequently asked questions about JadeFOREX
Q. Can Japanese people use it too?
A. Yes
This service is also available to Japanese citizens residing in Japan
Q. Is it dangerous to open an account with JadeFOREX?
A. There is no danger
Although it has a relatively short operating history and therefore a small number of users and limited information available, it has obtained a financial license, and JadeFOREX is not necessarily more dangerous than other overseas forex brokers
On the contrary, their focus on the Japanese market shows that they value Japanese traders
Q. What are the good reviews and advantages of JadeFOREX?
The positive reviews and advantages of A.JadeFOREX are as follows:
- High execution rate
- It employs a zero-cut system
- cTrader is available for free
- Fully Japanese language support
- They are running their own campaign
Q. What are the negative reviews and disadvantages of JadeFOREX?
The following are some of the negative reviews and drawbacks of A.JadeFOREX
- Maximum leverage is 200x
- Wide spread
- The stop-loss level is high
- Limited operational experience
Q. What is the minimum deposit amount for JadeFOREX?
A.JadeFOREX's minimum deposit amount is as follows:
| Payment Methods | Minimum deposit amount |
|---|---|
| International bank transfer | 1,000 USD |
| Domestic bank transfer | 1,000 yen |
| Bitcoin | Equivalent to 50USD |
| Ethereum | Equivalent to 50USD |
| Ripple | Equivalent to 50USD |
| ERC20 | Equivalent to 50USD |
Q. What is the minimum withdrawal amount for JadeFOREX?
A.JadeFOREX's minimum withdrawal amount is as follows:
| Withdrawal methods | Minimum withdrawal amount |
|---|---|
| International bank transfer | 50 USD |
| Domestic bank transfer | 5,001 yen |
| USDT (ERC20) | 50 USDT |
Q. Are there rumors about JadeFOREX refusing withdrawals?
A. I investigated rumors about JadeFOREX refusing withdrawals, mainly on social media, but I could not confirm any instances of withdrawal refusals
However, there were many posts stating that withdrawals were processed quickly, so it's highly unlikely that any withdrawals were refused
Q. Can I open an additional account?
A. Yes, you can
JadeFOREX allows you to open up to 10 accounts
Q. Are there any fees for opening or maintaining an account?
A. No, it doesn't cost anything
JadeFOREX offers free account opening and maintenance
Q. Are there any transaction fees?
A. Standard accounts do not incur trading fees
With a low-spread account, a trading fee equivalent to $5 per lot is charged for each one-way trade
Q. Can I change my account type midway through?
A. It cannot be changed
If you wish to trade using a different account type, you will need to open an additional account
Q. What are the criteria for a stop-loss order?
A.JadeFOREX automatically executes a stop-loss order when the margin maintenance ratio falls below 50%
Q. Will a margin call occur?
A.JadeFOREX employs a zero-cut system, so no margin calls will occur regardless of the account type, and even if your account balance goes negative, it will automatically return to zero
Q. Is hedging prohibited?
A. No. JadeFOREX allows hedging both within the same account and between different accounts
Q. Are there any prohibited actions?
A.JadeFOREX prohibits having multiple accounts under the same name
In addition, if malicious transactions that place a significant load on the system are conducted, the transaction may be suspended
JadeFOREX summary
This article covered JadeFOREX's reliability, user reviews, rumors of withdrawal refusals, and whether or not they offer bonuses
JadeFOREX is a relatively new overseas forex broker with limited operational experience, so it still has few users and limited information available. However, judging from the campaigns they are running, it's clear that they value their Japanese users very much
Furthermore, the few overseas forex brokers that offers cTrader , it is expected that the number of traders opening accounts specifically for cTrader will increase in the future.
While they hold a less reliable FSA license compared to other financial licenses, they still have a certain level of reliability, considering that some overseas forex brokers don't even have a financial license
a favorable trading environment and a high probability of launching unique campaigns , this overseas forex broker has ample room for growth, making it an exciting prospect to watch.
