JeaFx Review – Pros And Cons Of Paying For Education
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Generally, trading education makes a big difference in your trading results. There’s a fine edge in whether you will get scammed or succeed. The question is whether we can trust all traders who offer such education.
If you are unsure if this trading program is worth the money, read this JeaFx review carefully. But also, don’t miss our analysis of Optimus Futures and BitcoinArmory companies.
Company Type | Trading Education |
Legal name | N/A |
Regulation | Not expected |
Registered in | N/A |
Established | 2019 |
Website | https://jeafx.com/ |
Financial Authorities Warnings | N/A |
Contacts | Telegram; e-mail; |
If a withdrawal is possible | N/A |
Fees | From 300 GBP |
If Active on Social Media: | Yes – YouTube, Twitter |
Investor Protection: | None |
Activity areas | India, United Kingdom, Nigeria, South Africa, United States |
Main threats | Risk of losing your money; |
Main perks | Transparent trading education; |
Who Owns JeaFx Trading Academy?
When it comes to trading, many inexperienced individuals will believe they can learn it in a few hours. That’s exactly what’s advertised here by James Edward. With only seven years of experience, he wants to sell us stories about profitable trading that can be learned through one trading course. In reality, none of that is a guarantee for success.
On top of all, the JeaFx platform doesn’t reveal any legal documents or transparent contact details. Instead, they provide traders with Telegram and e-mail—fairly, not the most convenient contact option. In addition to that, you can never compare individual traders with licensed traders.
What Do Traders Say?
When it comes to JeaFx reviews on Trustpilot, it appears most users like these features. Yet, nobody talks about any profits or anything. So, it’s a bit speculative if these are real or not. Whether it’s good or not, it’s not for all traders. Especially when you realize how much this education costs.
How Does The JeaFx Course Work?
Generally speaking, traders can choose between four coaching packages to start with trading. However, there’s a catch with his offer. It appears he works as an affiliate for prop trading firms. Indeed, prop trading firms can be a great source for all inexperienced traders primarily because you don’t invest your capital.
However, you never know who he works for. That’s where the biggest danger is. So, you’ll have to pay for his course, then pay for the evaluation phase with the prop firm, and hope to be successful to get payouts. This doesn’t make much sense, especially when firms like Funded Trading Plus have it all in one.
Pricing Plans
JeaFx Academy might be quite expensive for beginner traders, especially since there’s no guarantee of success. Instead, the money you would invest in education could be trading.
However, traders often wonder how to make sure they are successful. Believe it or not, there’s more than enough free material on YouTube that you can use completely for free. Not to mention AI tools and trading bots. In any case, JeaFx trading course plans are:
- Monthly mentoring – £300 then £200/month
- Weekly mentoring – £600 then £500/month
- Advanced coaching – £995/month
- Elite coaching – £1,995/month
Is There A Trial Available?
When it comes to JeaFx free content, James offers a few free education resources. However, that’s just bait to get your contact details so they can spam you with real offers. Especially since he promotes unknown prop trading firms. In any case, there’s no trial program for its full education.
What Instruments Can You Learn How To Trade?
If you are planning to learn how to trade properly, you shouldn’t just focus on one thing. We are sure you have heard the saying not to keep all eggs in one basket. With the main focus on JeaFx Forex education, it’s clear your possibilities will be limited with this course.
However, based on some Reddit comments, the offered strategies could be applied to highly volatile crypto as well. Thus, there’s no proof of that. Not to mention such a presentation doesn’t come from JeaFx directly.
Is It Worth It In The End?
Generally, with a high JeaFx price for education, many traders could find it inadequate for their budget, especially since they have to deposit more money to trade themselves.
On the positive side, offering prop trading programs can be a benefit, but it’s not a guarantee that the money will be worth it. So why not simply use prop trading firms that include education?
How Does Prop Trading Work?
Prop trading is designed to maximize the potential of successful traders. Evaluation programs offer traders the opportunity to test their skills and even tools if they find suitable ones. Once they pass the evaluation, they can become funded traders for a company and collect up to 90% of the profits.
Most importantly, there’s a mutual benefit between a trader and the company. After all, the company doesn’t risk anything since they offer you virtual trading accounts. Still, even with these, payouts are calculated regularly; the only trick is choosing the right prop trading firm. Unfortunately, with JeaFx, you don’t know who you can work with transparently.
But once you check the features of Funded Trading Plus, you won’t be thinking about any other offer. With more than 2.000 positive reviews on Trustpilot, this firm became one of the top prop trading firms in the UK. If you sign up today, you might even get a chance for great promotions and giveaways. Don’t miss it. Sign up for Funded Trading Plus right away.
FAQ
What is JeaFx?
JeaFX is a trading academy founded by James Edwards, a trader with only 7-years of trading experience.
Is JeaFx Legit?
Based on reviews yes and still this education doesn’t guarantee success. Instead of risking your own money, sign up with Funded Trading Plus and use the company’s capital.
Is JeaFx a Wallet or an Exchange?
None. JeaFx is a platform for trading education that is low in popularity but has fairly positive reviews.