Best JetonCash Brokers 2024

Written By

Jemma Grist

Written By

Jemma Grist

Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.

» Jemma Grist Profile Page

Edited By

James Barra

Edited By

James Barra

James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.

» James Barra Profile Page

Updated

Feb 29, 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 5 highest-rated brokers accepting JetonCash deposits:

1. Deriv.com
2. Fusion Markets
3. Pocket Option
4. Global Prime
5. StormGain

JetonCash Brokers Comparison

JetonCash Brokers Comparison

Broker	Minimum Deposit	Instruments	Platforms	Leverage	Regulators	Visit
	$5	CFDs, Multipliers, Forex, Stocks, Indices, Commodities	Deriv Trader, MT5	1:1000	MFSA, LFSA, VFSC, BFSC	Visit
	$0	CFDs, Forex, Stocks, Indices, Commodities, Crypto	MT4, MT5, cTrader, TradingView, DupliTrade	1:500	ASIC, VFSC, FSA	Visit
	$50	Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos	Web, MT4, MT5	-	MISA	Visit
	A$200	Forex, indices, commodities, cryptocurrencies, shares, bonds	MT4, TradingView, AutoChartist	1:200	ASIC, VFSC, FSA	Visit
	$50	Cryptocurrency	own	-	Unregulated	Visit
	$10	Fixed Time Trades	Own	-	-	Visit

#1 - Deriv.com

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Review

Why We Chose Deriv.com

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

"Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "

- DayTrading Review Team

• Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
• Regulator: MFSA, LFSA, VFSC, BFSC
• Platforms: Deriv Trader, MT5
• Minimum Deposit: $5
• Minimum Trade: 0.01 Lots
• Leverage: 1:1000

Pros

• There's a good range of fast deposit and withdrawal methods with zero payment fees and low minimum deposits
• Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
• Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters

Cons

• The range of 100+ assets trails some competitors such as Quotex which offers 400+
• There's no loyalty program or rebate scheme for high volume traders
• There are limited copy trading tools and analysis features compared to alternatives like IQ Cent

Visit Deriv.com

#2 - Fusion Markets

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Review

Why We Chose Fusion Markets

Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.

"Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC."

- DayTrading Review Team

• Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
• Regulator: ASIC, VFSC, FSA
• Platforms: MT4, MT5, cTrader, TradingView, DupliTrade
• Minimum Deposit: $0
• Minimum Trade: 0.01 Lots
• Leverage: 1:500

Pros

• Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.
• Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.
• Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.

Cons

• The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
• Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards and no negative balance protection.
• There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.

Visit Fusion Markets

#3 - Pocket Option

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Review

Why We Chose 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.

"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."

- DayTrading Review Team

• Instruments: Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos
• Regulator: MISA
• Platforms: Web, MT4, MT5
• Minimum Deposit: $50
• Minimum Trade: $1

Pros

• The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries
• Extremely fast and smooth sign-up process that takes less than 2 minutes
• The web platform shines for its straightforward design and usability that will appeal to beginners looking to speculate on popular financial markets in a few clicks

Cons

• Despite offering competitive payouts up to 92%, binary brokers like IQCent offer higher returns up to 98% based on tests
• You need to deposit $1000 to access the extended list of 250+ assets, otherwise just 130+ assets are available
• The MISA is a weak regulator with limited investor protection for retail traders

Visit Pocket Option

#4 - Global Prime

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Review

Why We Chose Global Prime

Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC.

"Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading."

- DayTrading Review Team

• Instruments: Forex, indices, commodities, cryptocurrencies, shares, bonds
• Regulator: ASIC, VFSC, FSA
• Platforms: MT4, TradingView, AutoChartist
• Minimum Deposit: A$200
• Minimum Trade: 0.01 Lots
• Leverage: 1:200

Pros

• Low latency with execution speeds from 10ms
• VPS
• Trade receipts

Cons

• Narrow range of account options
• Clients from US and Canada are not accepted
• No MetaTrader 5 integration

Visit Global Prime

#5 - StormGain

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Review

Why We Chose StormGain

StormGain is a comprehensive crypto platform that allows clients to trade crypto derivatives, store them in a wallet, mine new tokens and access DeFi capabilities such as staking. The focus is on trading crypto futures, which takes place through proprietary software with integreated trading signals and a suite of educational software. The platform also supports trading on 'tokenized assets' – smart contracts based on gold and silver price movements – and crypto options.

"StormGain is a good option for day traders who want to focus on digital assets because it offers 60+ crypto futures with high leverage as well as DeFi functions including mining and staking. However, the usual lack of regulation raises concerns about safety so this is riskier than crypto brokers. "

- DayTrading Review Team

• Instruments: Cryptocurrency
• Regulator: Unregulated
• Platforms: own
• Minimum Deposit: $50
• Minimum Trade: $10

Pros

• Leverage up to 1:300 is very high and will suit experienced day traders with a high risk appetite
• Easy-to-use proprietary platform allows users of all experience levels to start trading crypto derivatives quickly
• Interesting instruments including crypto indices and tokenized gold and silver

Cons

• Unregulated firm that has only been in business since 2019
• Few futures compared to many similar competitors in the crypto sphere, such as Coinbase, Kraken and Binance, which offer hundreds
• Maker/taker fees are more than double some top rivals like Kraken

Visit StormGain

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.

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

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.

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.

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.

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

In our experience, the process of funding a day trading account with Jeton is straightforward. Though importantly, you must first register a wallet account with Jeton, which can be done in a few minutes via the website. Then:

1. Sign in to your brokerage account and head to the funding area
2. Select Jeton from the list of payment methods and enter the amount you wish to deposit
3. When prompted, sign in to your Jeton Wallet and enter the payment details
4. Confirm the deposit

Pros & Cons Of Funding Your Trading Account With Jeton

Pros

Cons

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.