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JOTUL CAPITAL

United Kingdom|1-2 years|
Suspicious Scope of Business|High potential risk|

https://jotulcapital.com/

Website

Rating Index

Contact

+44 7717077906
james.bell@jotulcapital.com
https://jotulcapital.com/
30 ST. MARY AXE LONDON ENGLAND EC3A 8EP

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 7717077906

Broker Information

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Company Name

JOTUL CAPITAL

Company Abbreviation

JOTUL CAPITAL

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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JOTUL CAPITAL · Company Summary

Aspect Information
Company Name JOTUL CAPITAL
Registered Country/Area United Kingdom
Regulation Not regulated
Market Instruments N/A
Account Types N/A
Spreads N/A
Trading Platforms MetaTrader 4, MetaTrader 5
Demo Account N/A
Customer Support 24/5 Live Chat, Email at james.bell@jotulcapital.com, Phone at +44 7717077906

Note: Regrettably, the official website of JOTUL CAPITAL, namely https://jotulcapital.org/, is currently experiencing functionality issues.

Overview of JOTUL CAPITAL

JOTUL CAPITAL is a financial company based in the United Kingdom, established in 2022. It is not regulated, and traders should be aware of this aspect.

Overview of JOTUL CAPITAL

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros and Cons

Pros Cons
Multiple customer support channels Lack of regulatory oversight increases potential risks for traders
Variable spreads and unclear commission structure impact cost transparency
Unclear commission structure lead to challenges in evaluating trading costs

Pros:

  1. Multiple customer support channels: JOTUL CAPITAL provides customer support through various channels, including live chat, email, and phone support. This ensures that traders can seek assistance and resolve queries promptly, enhancing the overall trading experience.

Cons:

  1. Lack of regulatory oversight: One of the significant drawbacks of JOTUL CAPITAL is its lack of regulatory licenses. Without regulation from financial authorities, there's a higher risk of potential misconduct or fraudulent activities. Traders face challenges in ensuring the safety and security of their funds without the protection provided by regulatory oversight.

  2. Variable spreads and unclear commission structure: The variable spreads offered by JOTUL CAPITAL fluctuate based on market conditions, leading to uncertainty regarding trading costs. Additionally, the lack of clear information about the commission structure raises concerns about transparency and makes it difficult for traders to accurately assess the total expenses associated with trading on the platform.

  3. Challenges in evaluating trading costs: Due to the unclear commission structure, traders face difficulties in evaluating the total expenses incurred while trading with JOTUL CAPITAL. The lack of transparency regarding commission rates or fees per trade/volume makes it challenging for traders to make well-informed decisions and manage their trading costs effectively.

Regulatory Status

JOTUL CAPITAL does not have any regulated licenses, indicating that it operates without oversight from financial regulatory authorities. Regulation in the financial industry is a critical aspect that ensures brokers adhere to specific standards, practices, and safeguards to protect the interests of traders and maintain market integrity.

Trading Platform

JOTUL CAPITAL offers a robust and versatile trading experience through its provision of the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are renowned for their user-friendly interfaces, providing traders with a intuitive navigation experience. MetaTrader 4, known for its simplicity, incorporates advanced charting tools, technical indicators, and the ability to automate trading strategies through Expert Advisors (EAs). On the other hand, MetaTrader 5 builds upon the features of MT4 by offering additional asset classes and timeframes, a built-in economic calendar, and improved charting capabilities.

Both platforms empower traders with real-time quotes, diverse order types, and risk management tools, enhancing their ability to make informed decisions. The compatibility of these platforms across various devices, including desktop, web, and mobile, ensures flexibility and accessibility for traders on the go. With JOTUL CAPITAL providing a choice between MT4 and MT5, traders can select the platform that aligns with their preferences and trading needs, catering to both beginners and experienced market participants.

Trading Platform

Customer Support

JOTUL CAPITAL provides customer support through various channels, offering assistance to traders in need. The contact details include an English-language phone line at +44 7717077906, enabling clients to connect with the support team for real-time assistance. This phone support can be valuable for resolving urgent queries, clarifying concerns, or seeking guidance on trading-related matters.

In addition to the phone line, JOTUL CAPITAL offers email support via the address james.bell@jotulcapital.com. Email communication allows clients to submit detailed queries, request information, or seek assistance with less time-sensitive matters. The inclusion of an email contact provides flexibility for traders who prefer written communication or have inquiries that require more in-depth explanations.

Conclusion

In conclusion, while JOTUL CAPITAL offers a diverse range of financial products and convenient deposit/withdrawal methods, its lack of regulatory oversight poses significant disadvantages. The absence of regulation raises concerns about fund security and integrity, potentially exposing traders to risks such as fund mismanagement and insufficient safeguards. Moreover, the variable spreads and unclear commission structure contribute to challenges in evaluating trading costs accurately. Despite these drawbacks, the availability of robust trading platforms and multiple customer support channels enhances the trading experience for clients.

FAQs

Q: What types of financial products does JOTUL CAPITAL offer?

A: JOTUL CAPITAL provides a variety of investment options, including forex trading and Contracts for Difference (CFDs) on indices, stocks, and commodities.

Q: How can I deposit funds into my JOTUL CAPITAL trading account?

A: You can deposit funds into your JOTUL CAPITAL account using various payment methods such as credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller), or bank transfers.

Q: Is JOTUL CAPITAL regulated by any financial authority?

A: No, JOTUL CAPITAL operates without regulatory oversight from financial authorities, which means traders should be cautious about potential risks associated with trading on the platform.

Q: What trading platforms does JOTUL CAPITAL offer?

A: JOTUL CAPITAL offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, renowned for their user-friendly interfaces, advanced charting tools, and automated trading features.

Q: Are there different types of accounts available on JOTUL CAPITAL?

A: Yes, JOTUL CAPITAL offers various account types tailored to different trading preferences, including Standard, VIP, and Islamic accounts, each with its own set of features and benefits.

Q: How can I contact customer support at JOTUL CAPITAL?

A: You can reach JOTUL CAPITAL's customer support team through multiple channels, including live chat, email (james.bell@jotulcapital.com), and phone (+44 7717077906).

Q: What leverage does JOTUL CAPITAL offer?

A: JOTUL CAPITAL provides leverage of up to 1:30, but the maximum leverage vary depending on the specific financial instrument being traded and regulatory requirements.

User Reviews

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User comment

26

Comments

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Alex Mina
more than one year
Great! I want to highlight that here you can trade on several gadgets at the same time, earning more. Thanks to the minimum transaction amounts, every broker has the opportunity to trade with Jotul Capital.
2023-02-20 21:38
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0
0
Taisi
more than one year
I liked the opportunity to trade on several gadgets at the same time, and I actively use it. All reporting is in figures on the website and each trader can analyze the trading platform, this makes the work easier.
2023-02-19 18:25
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0
0
Barbara 7713
more than one year
As a newcomer to trading at Jotul Capital, I liked the fact that there is a free trial account, as well as a wide range of tools. Personally, I have the opportunity to trade on several gadgets at the same time and this brings me a good income.
2023-02-18 01:23
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0
0
Denis7623
more than one year
This broker buys primarily due to the availability of a variety of tools to reduce risk when trading.Beginners are given the opportunity to study.The management team tracks current events to date and sends reports, which is quite convenient.
2023-02-16 17:18
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0
0
Leonid19
more than one year
As a beginner, I was attracted by the training center on the platform. Together, knowledge is structured and available to traders without experience. In an accessible language, methods for predicting price changes using fundamental and technical analysis are described. A definite plus is the possibility of opening a trial free account and the minimum transaction amount. It is possible to trade from several gadgets at once.
2023-02-10 02:43
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0
1
Adelina
more than one year
It is convenient to analyze your trading platform here, thanks to reporting in numbers. A good tutorial that helps me predict prise changes. The choice of tools is wide, and for me this is a very important criterion
2023-02-01 21:37
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0
0
Alex Mina
more than one year
I like the fact that there is a free trial account, a diverse selection of tools, thereby minimizing risks and earning more. Personally, I do not lose opportunities and trade on several gadgets at the same time.
2023-01-31 02:16
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0
0
tommynanomalefico01
more than one year
A very good broker for novice traders. The site shows all the reporting in numbers, there is training for beginners. The broker also works on different platforms, a computer or a smartphone. I liked the broker, I recommend it!
2023-01-29 17:48
Reply
0
0
Влад
more than one year
A convenient platform for trading. For novice traders without experience, the necessary tools, materials, forecasts and market overviews are provided. The transaction amount here is minimal, so that everyone has an opportunity to try trading and not take risks. I tried it with Jotul Capital and the impression is positive.
2023-01-28 16:32
Reply
0
0
Alex7337373
more than one year
Excellent broker, easy to carry out transactions, detailed analytics are presented. Withdrawal of funds is carried out quickly. Nothing hangs during use. Recommend!
2023-01-26 17:26
Reply
0
0
Trevor4512
more than one year
I have been on this platform for more than a month, so far everything is fine. Convenient and intuitive interface, a wide range of tools. For beginners, there is a free trial account, training materials. There is also reporting in numbers on the site so that a trader can analyze the trading platform and financial market reviews from leading analysts to build the right strategies.
2023-01-19 19:40
Reply
0
0
Liam_Norton
more than one year
Still, the broker gives access to more than a hundred markets around the world. Personally, it pleases me, as well as the training base. Not every company provides so much information, and if you have an account with JOTUL CAPITAL, I strongly recommend using this. Knowledge will not be redundant.
2023-01-17 17:43
Reply
0
0
Kri5812
more than one year
We have been working together for several weeks. The broker has never let me down. There are many tools for trading, the terminal works quite well in comparison. Funds are transferred on time
2023-01-09 20:16
Reply
0
0
Alex1921
more than one year
My choice fell on this broker because the site has all the reporting necessary for work. There are advanced analytical tools that make it much easier to work and the result of the work is much better.
2023-01-08 19:49
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0
0
mias77a
more than one year
Quite workable fees and good analytical instruments are surely undoubtable pros of Jotul. The most thing i like is availability to trade on various devices, which is super useful to my due to my lifestyle. Did not see such opportunity anywhere else tbh
2023-01-03 02:16
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0
0
Denis7623
more than one year
This broker is perfect for novice traders, there are all the necessary tools for this.A big plus is the availability of a training center for new traders, a free trial account, minimum transaction amounts.
2023-01-01 16:11
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0
0
Isaac Vatn
more than one year
What I value the company for is clear analytics. In general, the campaign, this is the most useful thing that Jotul Capital has. I trade only after studying it. Still, in order to understand where to move, you need to understand what is happening in the stock market. Reporting in numbers on the site so that the trader can analyze the trading platform
2022-12-31 10:16
Reply
0
0
Alex Mina
more than one year
Great! This is where the minimum transaction amounts are. Thanks to this every broker, with different experience and status, can trade with Jotul Capital! I trade on my computer and my phone on several gadgets at the same time.
2022-12-23 06:32
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0
0
Nasty
more than one year
An excellent trader. There is an advantage of training novice traders. Excellent technical support, will help in non-standard situations. A free trial account is available. Good reviews of the financial market help not to sink in building a strategy. I transferred $180,000, and it's already paid off. There is a wide selection of tools for beginners.
2022-12-20 13:44
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0
0
Sofia Tiunova
more than one year
Jotul Capital has a training center for new traders with little knowledge of the financial markets He himself sank a little when the market began to be reworked. "A little" because he invested mainly in foreign shares in industries that under no circumstances will not be left without funding. I transferred $250,000 to the auto-follow strategy, because seem to respond well. There is growth and so far it is more than the portfolio under my management. I will watch.
2022-12-18 17:15
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0
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