JetonCash Brokers 2024
JetonCash, or Jeton, is an e-wallet service and payment card provider, supporting 70+ transfer solutions and 50+ currencies. It’s fast, convenient and offers perks through J Club, making it an attractive payment method for active traders.
We’ve identified the best brokers that accept JetonCash. Every broker listed supports deposits to trading accounts using Jeton.
Best JetonCash Brokers
These are the 1 highest-rated brokers accepting JetonCash deposits:
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1Pocket Option50% Deposit Bonus
Ratings
$50$1MISABinary Options, Currencies, Commodities, Stocks, Indices, CryptosWeb, MT4, MT5Wire Transfer, Credit Card, Bitcoin Payments, Volet, Perfect Money, Visa, Mastercard, Debit Card, WebMoney, FasaPay, Ethereum Payments, Maestro, JetonCash, AirtelUSD
Here is a short overview of each broker's pros and cons
- Pocket Option - Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
JetonCash Brokers Comparison
Broker | Minimum Deposit | Instruments | Platforms | Leverage | Regulators |
---|---|---|---|---|---|
$50 | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos | Web, MT4, MT5 | - | MISA |
Pocket Option
"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."
Jemma Grist, Reviewer
Pocket Option Quick Facts
Bonus Offer | 50% Deposit Bonus |
---|---|
Demo Account | Yes |
Instruments | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos |
Regulator | MISA |
Platforms | Web, MT4, MT5 |
Minimum Deposit | $50 |
Minimum Trade | $1 |
Account Currencies | USD |
Pros
- The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
- Extremely fast and smooth sign-up process that takes less than 2 minutes
- The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries
Cons
- The MISA is a weak regulator with limited investor protection for retail traders
- You need to deposit $1000 to access the extended list of 250+ assets, otherwise just 130+ assets are available
- Pocket Option offers a slimmed down iteration of the MT4 and MT5 that doesn't provide the full charting package for advanced traders
How Did We Choose The Best JetonCash Brokers?
To list the top JetonCash brokers, we:
- Leveraged our directory of over 500 online brokers, removing any that don’t support JetonCash
- Verified that the remaining brokers accept JetonCash deposits and withdrawals for online trading
- Sorted them by their overall rating, combining 100+ data points with our direct observations
Comparing JetonCash Brokers
Our approach to finding the best Jeton brokers is based on in-depth evaluations across key criteria:
Trust
We only recommend day trading brokers we trust, a judgement we make by weighing firms’ regulatory credentials, years in the industry and the opinion of our in-house experts.
Importantly, Jeton itself is a respected payment method. Despite a fairly short history spanning 5+ years, it has amassed a global user base and is headquartered in the UK where it’s licensed by the Financial Conduct Authority (FCA), a trusted regulator of payment firms.
- Fusion Markets emerges as a highly trusted broker accepting Jeton, with authorization from the Australian Securities & Investments Commission (ASIC), a ‘Green Tier’ regulator.
Markets
We prioritize brokers that provide access to a large selection of markets, providing day traders with various short-term trading opportunities.
Our tests of hundreds of brokers show that the top Jeton trading platforms provide opportunities across key markets, including forex, stocks, indices, commodities and cryptos.
Most firms will also offer contracts for difference (CFDs), a popular instrument with short-term traders, that allows you to speculate on price moves without owning the underlying asset
- Deriv supports trading on all of the above and also stands out for its suite of market-leading synthetic indices that can be traded via CFDs or multipliers.
Fees
We select trading brokers with low fees, as high costs can erode the profit margins of active traders.
We record and evaluate the costs to place trades at Jeton brokers, focusing on the spreads and commissions charged on popular assets like the EUR/USD, commodities like oil and stocks like Apple.
Our team then balance these costs against any additional fees, such as payment charges. Fortunately, day traders can keep costs down by using Jeton, as there are zero fees charged on deposits and withdrawals to a Jeton Wallet, and a 2% sender fee charged on transfers.
- Global Prime continues to perform well in this category with tight spreads, zero deposit fees via Jeton and just a $10 minimum per deposit, catering to aspiring day traders.
Trading Platforms
We favor brokers with reliable and feature-rich platforms, as they are essential for day traders looking to execute short-term trading strategies.
A good range of charting tools, timeframes and additional research features are priorities for us when selecting the best Jeton brokers. We personally test desktop platforms, web terminals and mobile apps, assigning them a rating out of 5 based on our observations.
- Fusion Markets maintains a top position in this department, thanks to the availability of industry-leading platforms and tools, including MetaTrader 4, cTrader and DupliTrade.
Security
Depositing and withdrawing via Jeton is relatively secure, thanks to the firm’s cyber security and data protection measures, including PCI DSS Level 1 Compliance and 2-factor authentication (2FA).
The company’s FCA registration also means that the firm is required to follow strict guidelines to keep client money secure.
Nonetheless, we also overlay our own checks, investigating whether Jeton brokers provide any additional security measures, as well as the brand’s track record when it comes to security breaches.
- Stormgain‘s commitment to trader security is reassuring, with the use of encryption protocols, multi-signature withdrawals, 2FA, PCI DSS compliance, plus hot and cold wallets.
What Is Jeton?
Jeton was founded in 2018 by CEO, Saaly Temirkanov, and is registered in the UK.
The firm offers a global payment app supporting over 50 currencies and more than 70 payment methods.
Day traders can securely send and receive funds to their brokerage accounts using the Jeton wallet, Visa debit card, or JetonCash digital vouchers.
The payment provider also offers six tiers of benefits through the J Club VIP loyalty scheme, with up to 1.5% cashback available and reduced FX rates.
Fees
Jeton charges no sender or receiver fees via bank transfer to a Jeton wallet. However, there is a £10 minimum limit for bank transfer deposits and a £100 minimum for bank transfer withdrawals.
Transfers come with a 2% sender fee, whilst currency conversion fees are up to 3.95% on top of the Jeton exchange rate, depending on the payment method and country.
It’s also worth checking whether your broker charges its own transaction fee, although our many years in the online trading industry show that most top platforms do not charge for deposits.
Speed
Whilst transfers via Jeton are usually near-instant, deposits can take up to three days and withdrawals can take up to 48 hours.
These are pretty good lead times, especially for active day traders looking to make frequent transfers between their brokerage account and Jeton wallet.
Some brokers may have their own processing times, though in our experience, most top trading platforms will pay out funds within five working days.
How To Deposit Using Jeton
You must first register a wallet account with Jeton, which can be done in a few minutes via the website.
Once registered, the process of funding a day trading account with Jeton is straightforward, though it may vary slightly depending on the broker. At Fusion Markets, for example:
- Sign in to your account and head to the ‘Payments’ area
- Select the account you wish to deposit into and then choose Jeton from the payment methods
- Enter the amount you wish to deposit
- When prompted, sign in to your Jeton Wallet and enter the payment details
- Confirm the deposit
Pros & Cons Of Funding Your Trading Account With Jeton
Pros
- There are no fees for deposits and withdrawals via a Jeton Wallet
- Transfers using a Jeton Wallet are normally processed instantly
- The firm offers a physical or virtual payment card, providing flexibility
- Jeton is a UK-based and FCA-regulated payment provider, underscoring its reliability
- The firm’s loyalty scheme offers cashback and other perks for active users and traders
Cons
- Not many brokers accept Jeton, with alternative payment methods like PayPal more widely available
- There are more card fees for traders residing outside of the UK
Is Jeton Good For Day Trading?
Jeton is a great choice for day traders looking for a convenient, fast and economical way to transfer money to their trading account. Active traders, in particular, can benefit from J Club perks, as well as a branded Visa card which can be linked to a Jeton wallet.
To get started, use our ranking of the best Jeton brokers.
FAQ
How Much Does It Cost To Fund A Trading Account With Jeton?
While there are no fees for depositing or withdrawing to a Jeton wallet, there is a 2% sender fee for transfers. Jeton also charges a 3.95% exchange fee, plus a minimum spend of £10 for deposits and transfers. Brokers may also have their own payment fees.
Is Jeton Safe To Use For Day Trading?
Jeton is registered in the UK and regulated by the Financial Conduct Authority (FCA), one of the world’s leading regulators of money service firms.
That said, safety will also depend on the day trading broker you choose to open an account with. That’s why we recommend considering one of the JetonCash brokers recommended by our experts.
Article Sources
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