Jicek has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Jicek recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: API access|Low minimum deposit|Multi-device support|Clear documentation
Cons: Would like more payment methods
The onboarding at Jicek was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Competitive fees|Personal attention
Cons: Nothing significant
Customer support at Jicek seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: API access|Demo account available|Risk management tools|Two-factor authentication
Cons: Account statements could be more detailed|Wish they had more educational resources
Several red flags with Jicek: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
Jicek advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Two-factor authentication|Responsive team|Social trading features|Automated trading options
Cons: Email notifications too frequent
Where do I even begin with Jicek? since early this year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Smooth onboarding|Fast execution|Regular platform improvements|Excellent charting
Cons: Nothing significant
Tried to withdraw my funds from Jicek and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Do not believe the bonus offer from Jicek. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after comparing multiple platforms and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Quick verification|Market news feed|Wide product range
Cons: Live chat only during business hours|No fractional shares
After for over a year with Jicek, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Economic calendar|Full transparency|Stable platform
Cons: Nothing significant|Research section could be deeper
What really bothers me about Jicek is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through my accountant's suggestion and I fell for the polished exterior. Never again.
Pros: Comprehensive tools|Clean UI|Tax reports included
Cons: Wait times can be long during peak hours|Wish they had more educational resources