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Reviewed by JFX is a forex broker operating out of Cyprus in compliance with the European Union's Markets in Financial Investments Directive (MiFID). We are one of the few brokers that have gone that extra mile in terms of customer protection and are registered with the following regulatory bodies. Customer money is kept in segregated accounts, and is protected by the Investment Compensation Fund. JFX's trading conditions are excellent: we offers a choice between market and instant execution and very tight spreads, especially for ECN accounts – the typical spread on EUR/USD varies between 0 – 0.4 pips. Nine major banks provide liquidity to JFX so that traders always get the best possible quotes.
99,9% of the orders placed with us are executed at the requested price, which means that slippage is almost non-existent. Speaking of orders, there's a wide variety of these – both market and pending orders are available, along with more exotic order types such as OCO, If – Done, etc.
The platforms we have at JFX are Metatrader 4 (MT4), and our own JFX Trader. The use of Expert Advisors, scalping and hedging are allowed. We also offer a competitive rebate program where all of our clients earn money every time they trade.
JFX is a broker on the Forex market operating in Cyprus following the European Union directive on financial markets (MiFID). It is one of the brokers who has received a milestone in protecting clients. This broker policy is registered in the following regulatory bodies:
- Cyprus Securities and Exchange Commission (CySEC);
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany;
- Comisión Nacional del Mercado de Valores (CNMV), Spain
- Financial Supervisory Authority (FSA), United Kingdom
- ACP - L'Autorité de Contróle Prudentiel (ACP), France
Clients' money is available in separate accounts. And Investment Compensation Fund protects those accounts. The JFX stipulations of trade are outstanding. It offers a choice that is secure and in need of attention implementation and very narrow spreads, especially for ECN accounts - the typical spread on EUR / USD varies between 0 and 0.4 pips. Nine large banks provide liquidity to this system, so investors always receive the best possible offers.