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JFX Review and Information 2024

JFX Information and Review JFX
Voting Rating JFX does not participate in the Forex Rating
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Reviews Rating
Status Closed
Regulation CySec, FSA, CNMV, BaFin, ACP
Trading software Metatrader4, JFX Trader
Headquartered 155 Agias Fylaxeos St & Spyrou Kyprianou Avenue, Ersi Court, Office 202, 3083 Limassol, Cyprus

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.

JFX Trading Information 2024


WWW https://www.jfx.com/
Address 155 Agias Fylaxeos St & Spyrou Kyprianou Avenue, Ersi Court, Office 202, 3083 Limassol, Cyprus
Headquarters 155 Agias Fylaxeos St & Spyrou Kyprianou Avenue, Ersi Court, Office 202, 3083 Limassol, Cyprus
Free phone no
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Mobile trading
Automated trading
Demo account
Swaps
24/5 trading
Scalping
Hedging
PAMM
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type variable
Pip spread on majors 0-5
Maximum Leverage 500:1
ECN, $ 100
Standard account, $ 100
Mini account, $ 100
Popular payment methods Credit Cards, Wire Transfer, Moneybookers, WebMoney
Account currencies USD, EUR, CHF, GBP, JPY, AUD, CAD, SGD, NZD
Available assets Gold, Silver
Languages German, Spanish, Portuguese, Italian, French, Russian, Turkish, Arabic, Japanese, Korean
Platforms Metatrader4, JFX Trader
Broker type Broker
Regulation CySec, FSA, CNMV, BaFin, ACP
Foundation 2011

JFX Traders' Reviews

Thank you very much! Everyone who wrote reviews here and told about their problem in working with JFX. I also talked for an hour and a half with a very intrusive and persistent manager, they work cool, and the terminal is good, convenient and free, and some sites with broker registration in banking structures show that should increase their credibility. I doubted, I decided to look at the reviews, and I did the right thing. I will not contact them. I'm new in this area, I'm already working with one popular bank, and that's enough. I think that it is better to choose a broker from well-known stable companies, they will definitely not deceive you, and no one there calls you so intrusively and does not require you to deposit money. Once again, thanks for the feedback! Good luck to everyone and great profit!
  14 Jun 2023  

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How many negative reviews about JFX I read, but they still convinced me. I got caught in their web. Started from $500. They promised to protect and accompany me so that I would not go into a minus. Has it gone down the drain yet? replenish the deposit more, we will extend the operations, and with other tempting ideas, replenish your account! As a result, I deposited $6-7 to them for a month and a half. Work on gold, to buy, it is growing! Yes, I earned three thousand on it, got greedy and opened a bunch of buy deals the other day, I see it started to sag! Yes, and according to forecasts about a reversal they write. I ask my manager about it. No, everything is fine, trade in the same plan! Indeed, gold went up, but not for long. They are already writing in full about the decline, it is going down. I ask the manager what to do, can I close all transactions, with small pluses and small losses? His answer in a few hours - I'll call in the evening. No one called, deals are in progress, the minus is growing, the balance is melting. Today I lost my entire deposit. So where is the promised support and assistance? When you really need it, then it is not! And it turns out that I myself am to blame, I opened the deals myself! And the manager has nothing to do with it! But where was the manager when an important consultation was needed? If you have money you don't need - bring it to JFX.
  16 Mar 2022  

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Is anybody from existing clients of jfx here? I want to know how long does it take to transfer money from one account to another? I have two accounts with JFX and want to keep all funds on only one. As a new customer, I’m just trying to realize how reliable this broker. And the more I work the more issues I find. It was too long (12 days) to confirm my papers during documents processing. Then it took more than one week to deposit funds, and now I have delays in transferring money. Maybe it will take months to withdraw funds and somebody can confirm it here? It's easier to go to another broker instead of trading here and always wait just because back office is too slow.
  31 Aug 2016  

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Hi, everyone. Please, can anybody confirm the same problem I have related to this brokerage firm? A couple of years ago I decided to open trading account with JFX. It was suspicious that broker requires too much confident information. Finally, I opened account but put all my trading away. Now I find some transactions on my bank account record that I never made by myself. There is also no broker, so i can't find corporate website and contact details. Seems like it was a fraud.
  17 Jul 2016  

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All JFX Reviews

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