Overall, Brokerjet is licensed by the Securities and Exchange Commission of Cambodia (SECC) holding an overall trust score of 5/10. Brokerjet requires a $100 minimum deposit and offers trading on the famous MetaTrader 4 platform, with competitively low fees and no commission chargers.
Brokerjet at a glance
| 🔍 Broker's Name | Brokerjet |
| 📍 Headquartered | Phnom Penh, Cambodia |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | The Securities and Exchange Commission of Cambodia (SECC) |
| 🌐 Countries not accepted for trade | European Union, Canada, Israel, and the United States |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| 🏛 Institutional Accounts | No |
| 💼 Managed Accounts | No |
| 📊 Maximum Leverage | 1:200 |
| 💰 Minimum Deposit | $100 |
| 💳 Deposit Options | Credit/ Debit cards (Visa, MasterCard) and Wire Transfer |
| 💳 Withdrawal Options | Credit/ Debit cards (Visa, MasterCard) and Wire Transfer |
| 📱 OS Compatibility | Mobile & Tablet Trader, Desktop Trader, Webtrader |
| 📉 Platform Types | Mobile, Desktop, Web |
| 📈 Tradable assets offered | Forex, Stocks, and commodities |
| 👨💼 Languages supported on Website | Multilingual |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service | 24 hours a day /5 days a week |
| ⭐ Open an account | 👉 Click Here |
|---|
Min Deposit
USD 100
Regulators
SECC
Trading Platform
MT4
Crypto
No
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
A Quick Overview of our BrokerJet Review – 23 Key Points
- ☑Brokerjet at a glance
- ☑Who is BrokerJet?
- ☑Brokerjet Safety and Security
- Brokerjet Pros and Cons
- Brokerjet Leverage
- Brokerjet Accounts
- Brokerjet Market Instruments
- Brokerjet Fees
- Brokerjet Deposit and Withdrawal
- Brokerjet Trading Platforms
- How to open a Brokerjet account
- Brokerjet Customer Support
- Brokerjet Education
- Brokerjet Research
- Brokerjet Awards
- Brokerjet vs Bybit vs Questrade – A Comparison Table
- Brokerjet Current Popularity Trends
- Brokerjet Customer Reviews
- Conclusion
- Disclaimer
- Frequently Asked Questions
Who is BrokerJet?
According to research in South, Africa BROKERJET is operated by Broker Jet Co. LTD. that offers investment services from Cambodia. BROKERJET is regulated by the Securities and Exchange Commission of Cambodia (SECC) and therefore does not accept clients from the United States.
BROKERJET offers multilingual customer support service which should appeal to many traders who may have struggled with communicating with a broker in the past. The website is easy to navigate.
Brokerjet Safety and Security
One of the best benchmarks to measure the safety of a broker like BROKERJET is to establish which regulating authorities are watchdogs over its actions. BROKERJET.asia is a domain operated by Broker Jet Co. LTD. and is licensed by the Securities and Exchange Commission of Cambodia (SECC) with Derivative Instrument Number 013.
BROKERJET.asia ensures further protection by using SSL technology, as well as advice on how to protect from online scams and fraud. The broker promises that:
| ▶ All financial transactions are controlled by a security gate |
| ▶ Maximum payment and withdrawal times are 24 hours |
| ▶ Its IT department is committed to securing its website and networks |
| ▶ Personal data protection is a top priority |
| ▶ They hold all the necessary licenses to provide selected investment services |
| ▶ They hold all the necessary licenses to provide selected investment services |
Min Deposit
USD 100
Regulators
SECC
Trading Platform
MT4
Crypto
No
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Brokerjet Pros and Cons
| ✔️ Pros | ❌ Cons |
| Personal data protection | Only regulated by SECC. |
| Multilingual customer support | |
| Financial transactions controlled by a security gate | |
| Maximum leverage or 1:200 |
Brokerjet Leverage
BROKERJET offers a maximum leverage ratio of 1:200. Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.
Brokerjet Accounts
A forex account at BROKERJET is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.
Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls. BROKERJET offers the following account types:
| 🌐 Standard Account |
| 🌐 Premuim Account |
| 🌐 Demo Account |
The website has a ‘what kind of trader are you?’ section which could help establish which account you should opt for. The website does not clearly distinguish between the features of the two accounts, but just suggests the Standard is for those new to trading, while the Premium is for those more experienced and who wish to trade larger sums.
Brokerjet Market Instruments
BROKERJET offers Forex, Stocks, and commodities. There are over 100 pairings to choose from, all of which are available to see on the website. The most popular market instruments available from Brokerjet brokers for trading include:
Brokerjet Fees, Spreads and Commissions
Cost depends on different factors, like spread and margins, and BROKERJET clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.
BROKERJET mentions that commission fees are applied, but the specific charges are not set out on the website, so it is unclear if either one of the two, or both accounts have commission fees applied. Swap fees are also not mentioned, but it is likely they would be applicable.
BROKERJET offers floating spreads, but live spreads are not available to check out until you have opened an account.
Brokerjet Deposit and Withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. In the case of BROKERJET, the following are required:
The website fails to clearly indicate what the initial deposit requirement is. It seems however that the minimum amount to open a BROKERJET account is 100 $/€/£.
| 💳 Brokerjet Minimum Deposit | $/€/£100 |
| ZAR | 1 700 ZAR |
| 📌 Open an account | 👉 Click Here |
|---|
Payment Methods
BROKERJET says that it accepts payment methods such as Credit/ Debit cards (Visa, MasterCard) and Wire Transfers. The time it takes for funds to appear in an account may vary depending on the deposit method used, stating that regular money transfers normally take approximately three to six business days for approval.
Approved wire transfer withdrawals are forwarded to the company’s bank on the day of approval and are usually sent out from the bank on the same day. BROKERJET urges customers to allow up to 7 business days for the funds to reach their bank accounts. BROKERJET is allowed to transfer funds only to a bank account or a credit card bearing the same name which was used for an initial deposit.
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Brokerjet Trading Platforms
The forex trading platform provided by BROKERJET to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
BROKERJET provides three trading platforms:
▶ MetaTrader 4: for one-click, at-best order execution, advanced technical analysis, and unmatched automation capabilities.
▶ MT4 WebTrader: a user-friendly web platform, which synchronizes all trades with an MT4 account.
▶ Mobile and Tablet Trader: a tablet and mobile optimized trading platform fully synchronized with the MT4 account.
How to open a Brokerjet account
Like a bank, to register a forex trading account with BROKERJET for the first time, you will be required to go through a basic “know your customer” process, which will allow BROKERJET to ascertain that your submitted details and ensure the safety of your funds and account details.
Step 1 – Navigate to the Brokerjet website
Click on the client log-in to begin the Brokerjet registration process.
Step 2 – Brokerjet Account Registration Process
Fill in your personal details and proceed through the registration process by providing your first and last name, education level, mobile number, country of residence, gender, email address, date of birth, id number, and license number.
Step 3 – Proceed through the KYC process by verifying your identity to obtain your Brokerjet login details.
Brokerjet Customer Support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.
In the case of BROKERJET customers can reach the support during the hours of 07:00 AM to 18:00 PM from Monday to Saturday. Customers may contact the team via telephone or email. Unfortunately, there is no live chat service available for those wanting a more efficient means of support.
Brokerjet Education
Before starting to trade, potential clients of BROKERJET should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.
BROKERJET offers ebooks, Videos, and a Glossary free via the BROKERJET website.
Brokerjet Research
To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.
With BROKERJET they have access to ebooks, Videos, and a Glossary that can provide information and help to make decisions.
Brokerjet Awards
Being an awarded company instills extra confidence in traders. Although BROKERJET is acclaimed by customers, there is no indication of awards won on its homepage.
Brokerjet vs Bybit vs Questrade - A Comparison Table
| 🥇 Brokerjet | 🥇 Bybit | 🥇 Questrade | |
| 💳 Minimum Deposit | $100 | No Minimum Deposit | $1000 |
| ⤴ Maximum Leverage | 1:200 | 1:100 | 1:20 |
| 🎉 Rewards Programs | None | ☑ | ☑ |
| 💻 MetaTrader 4 Platform | ☑ | ☑ | ❌ |
| ☪️️ Swap-Free | ☑ | ☑ | ❌ |
| 📌 Open an account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
|---|
Brokerjet Current Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “Brokerjet” is entered into Google’s search engine over a given period of time.
Brokerjet Customer Reviews
Best Broker
Brokerjet is a good broker..Fast depo, fast profit & fast withdrawal..100% Recommended! – Dami
Customer support
I contacted your customer support and have explained in detail what happened but I am waiting too much for a response. Is it possible to have a call or video call with the Brokerjet team? – Anton
I enjoy the opportunities to earn an income through Partnership programs offered by forex brokers – Bob
Conclusion
Overall, BROKERJET’s website provides little information providing the specific details that would benefit a potential client in deciding if this broker is right for them or not.
Disclaimer
BROKERJET warns potential customers that Forex and CFD trading always carries a high risk and may not be suitable for all investors.
Before deciding to trade with BROKERJET, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
BROKERJET warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence BROKERJET cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Min Deposit
USD 100
Regulators
SECC
Trading Platform
MT4
Crypto
No
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
Is BROKERJET safe or a scam broker?
According to our Brokerjet review, the broker is not regarded as a scam
What is the overall rating out of 10 for BROKERJET?
BROKERJET holds an overall rating of 5/10.
How many instruments can I trade with BROKERJET?
You can trade numbers/several different instruments with BROKERJET, which include the following:
- Forex,
- Stocks,
- Commodities
What are the forex trading hours for BROKERJET?
The forex market is open 24 hours a day during weekdays but closes on weekends.
For which type of trader is BROKERJET best suited?
BROKERJET offers a fair trading environment for all types of traders.
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