Broker Review

Unauthorised Firm Details

Name: Jitetrades.net
Website: www.jitetrades.net

• According to its own descriptions (or third‑party summaries), jitetrades.net presents itself as a trading or investment platform dealing in assets such as cryptocurrencies, foreign exchange (forex), binary options, or other high‑risk financial instruments.

• It claims to use a “DMA STP order execution model” (direct market access, straight through processing) for its clients.

• It also presents itself as a site for trading crypto/CFDs (Contracts for Difference).

• The domain was registered fairly recently (around September 2024) with no long track recordJite Trade lists its business address as 66 Great Suffolk Street, London, United Kingdom, all financial service firms operating in the UK are legally required to be authorized and regulated by the FCA. Since Jite Trade is not registered with the FCA, it is effectively operating as an unauthorized financial entity, which further supports the concerns raised by the regulator.

  Conclusion

  While Jite Trade may appear to be a sophisticated investment portal, its lack of regulatory compliance, unrealistic returns, and direct warning from the FCA make it a platform of high concern. Until or unless it gains proper regulatory approval and clarifies its operations transparently, investors are strongly advised to avoid engaging with jitetrades.net.