JFX Corporation offers 6 different account type options that vary according to what traders require. JFX provides – the Silver Account, the Gold Account, the Platinum Account, the Gold ECN Account, the PLatinum ECN Account, and the Islamic Account. A 100% risk-free Demo Account is also offered.
JFX Corporation at a glance
🔍 Brokers Name | JFX Corporation |
📍 Headquartered | Cyprus |
📅 Year Founded | 2011 |
🏛 Regulating Authorities | CySEC, MiFID, BaFin, CNMV, FCA, ACP |
🌐 Countries not accepted for trade | United States |
☪️️ Islamic Account (Swap Free) | Yes |
📒 Demo Account | Yes |
💻 Institutional Accounts | No |
💻 Managed Accounts | Yes |
📊 Maximum Leverage | 1:500 |
💰 Minimum Deposit | $2000 |
ZAR | R32 000 ZAR |
💳 Deposit Options | Wire Transfer, Skrill, WebMoney, NETELLER, Credit card, Debit card |
💳 Withdrawal Options | Wire Transfer, Skrill, WebMoney, NETELLER, Credit card, Debit card |
📉 Platform Types | MetaTrader 4, JFX Trader, JFX FXBridge, Mobile Trader, JFX Pro Trader, PAMM |
📲 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
📊 Tradable Assets | 60+ currency pairs, including the most popular ones such as the EUR/GBP, USD/EUR, GBP/USD and more, Gold and Silver. |
🌐 Languages supported | German, Spanish, Portuguese, Italian, French, Russian, Turkish, Arabic, Japanese, Korean |
☎ Customer Service Hours | 24 hours a day /5 days a week |
Min Deposit
USD 2000
Regulators
CySEC, BaFIN, CNMV, FCA, ACP, MiFID
Trading Platform
MT4, JFX Trader, JFX FXBridge, Mobile Trader, JFX Pro Trader, PAMM
Crypto
No
Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
JFX Account Types Revealed – A Key 11-Point Quick Overview
- ✅JFX Corporation at a glance
- ✅JFX Corporation Overview
- ✅JFX Corporation Account Types
- JFX Corporation Account Features
- How to Open a JFX Corporation Account – Step by Step
- JFX Corporation Demo Account
- The JFX Corporation Islamic Account
- JFX Corporation Pros and Cons
- JFX Corporation Customer Reviews
- Conclusion
- Frequently Asked Questions
JFX Corporation Overview
JFX Corporation is a Forex broker that was registered in 2011 and is operating from Cyprus. JFX Corporation was established by experienced financial market professionals with an innovative vision to deliver retail forex traders the finest brokerage services possible.
The broker is regulated in Cyprus by the Cyprus Securities and Exchange Commission (CySEC). They are also regulated in Germany by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), regulated in Spain by the Comisión Nacional del Mercado de Valores (CNMV), regulated in the United Kingdom by the Financial Conduct Authority (FCA) and regulated in France by the L’Autorité de Contróle Prudentiel (ACP).
JFX Corporation also follows the European Union directive on financial markets (MiFID) and prides itself on being transparent and having high ethical business principles as a foundation. Clients’ money is kept in separate accounts from that of the broker itself and the Investment Compensation Fund protects those accounts. JFX does not accept US traders.
The JFX conditions of trade are excellent and offer a choice that is secure and in noted for 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 its system, so investors always receive the best possible offers.
The platforms provided by JFX are MetaTrader 4 (MT4) and its own corporate JFX Trader and JFX ProTrader. JFX does not offer deposits or welcome bonuses but offers a competitive rebate program, in which entrepreneurs can earn money each time they make a trade.
The main advantages of JFX are that traders can select between two types of pricing models, can use any of several trading platforms, and take part in a unique rebate program that earns them profit for every trade they execute.
JFX Corporation Account Types
Clients can register 5 different types of accounts with JFX Corporation: Silver Accounts, Gold Accounts, Platinum Accounts, Gold ECN Accounts, or Platinum ECN Accounts. You can also register a demo account.
🌐 Silver Account | 🌐 Gold ECN accounts |
🌐Gold Account | 🌐 Platinum ECN Accounts |
🌐 Platinum Account | 🌐 Demo Account |
🌐 Islamic Account |
JFX Corporation Account Features
JFX Corporation accounts have the following features:
Silver Account
The Silver Account is the most affordable type of account, but it still requires a minimum deposit of $2 000. Traders can use maximum leverage of 1:500 and get access to three of the trading platforms provided.
💳 Minimum Deposit | $2000 |
ZAR | R32 000 ZAR |
📊 Maximum Leverage | 1:500 |
Gold Account
This account can be opened with a minimum deposit of $10 000, with features like the Silver Account.
💳 Minimum Deposit | $10 000 |
ZAR | R160 000 ZAR |
📊 Maximum Leverage | 1:500 |
Platinum Account
The Platinum Account needs a minimum deposit of $20 000 as it provides better trading conditions.
💳 Minimum Deposit | $20 000 |
ZAR | R320 000 ZAR |
📊 Maximum Leverage | 1:500 |
All JFX Trading Platforms |
Gold ECN Account
The Gold ECN Account can also be opened with $2 000, like the Silver account but offers electronic communication network (ECN) trading.
💳 Minimum Deposit | $1000 |
ZAR | R16 000 ZAR |
📊 Maximum Leverage | 1:500 |
All JFX Trading Platforms | |
ECN Trading |
Platinum ECN Account
The Platinum ECN Account can be opened with a minimum deposit of $20 000. Platinum account owners can enjoy the leverage of 1:100, and get access to all trading platforms, tighter spreads, personal training, and more.
💳 Minimum Deposit | $2000 |
ZAR | R32 000 ZAR |
📊 Maximum Leverage | 1:100 |
Access to all JFX Trading Platforms | |
Tighter Spreads | |
Personal Training |
How to Open a JFX Corporation Account – Step by Step
Follow these steps to open a live account:
Step 1 – Fill in your Personal information to start trading
The first step requires traders to fill out the JFX ID Application form with their Names, Phone numbers, date of birth, personal information, and email addresses in order to gain access to the JFX platform.
Step 2 – Search for JFX App
Step 3 – Download the MetaTrader – MT4 App.
JFX Corporation Demo Account
JFX Corporation’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
JFX Corporation Demo Account Features | 100% Risk 🆓 |
Live Trading enviroment | |
Virtual funds |
The JFX Corporation Islamic Account
JFX Corporation does offer traders who follow the Sharia law the option of an Islamic Account. Often an Islamic account is provided as an option where traders can convert their live trading account to an Islamic Account, or in other cases, it is a standalone account with a separate application procedure.
JFX Corporation Islamic Account: | Swap 🆓 |
Strict Sharia law | |
Transactions are settled immediately | |
$2000 Minimum Deposit |
Brokers offer an Islamic Account only to Muslim traders who follow Sharia law. Traders must, however, take note that there are certain features indicated on the Islamic account which may differ vastly from the other individual account types, such as minimum deposits, spreads, and more.
Traders who are interested in registering for an Islamic account must contact the broker’s customer support team to verify the availability and current conditions of such an account as conditions may have changed from the time of writing.
JFX Corporation Pros and Cons
✔ PROS | ❌ CONS |
Broker is well regulated | The minimum deposit of $2000 is high |
Competitive spreads are offered | Not enough education for novice traders |
Six different platforms for trading | Research is not specified on the website |
Variety of accounts are available | The website is not user-friendly |
JFX Corporation Customer Reviews
Great service
very good service, it’s a smart way to invest money and generate a side income, even if you don’t know how to trade, which was my case. I definitely would recommend it. – Andre
Must Join
I double my investment in 6 months, with excellent customer service! Good CFD trading – Monre
No Sign-up bonus or Partnership program on the website
I enjoy the opportunities to earn an income through Partnership programs offered by forex brokers, disappointed that JFX Corporation does not have any reward or partnership programs on offer – Ben
You might also like: JFX Review
You might also like: JFX Demo Account – Step by Step
You might also like: JFX Fees and Spreads
You might also like: JFX Islamic Account Overview
You might also like: JFX Minimum Deposit
You might also like: JFX Sign-up Bonus
Min Deposit
USD 2000
Regulators
CySEC, BaFIN, CNMV, FCA, ACP, MiFID
Trading Platform
MT4, JFX Trader, JFX FXBridge, Mobile Trader, JFX Pro Trader, PAMM
Crypto
No
Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Conclusion
JFX Corporation can be described as a company that allows traders to do their job by using MetaTrader 4, JFX Trader, JFX FXBridge, Mobile Trader, JFX ProTrader, and PAMM. They are one of the few brokers that offer access to six different types of platforms. They also offer a demo account. Overall, an excellent choice for traders, but would not recommend this broker for novice traders as the website is not user-friendly.
Frequently Asked Questions
Can traders from South Africa open a JFX Corporation trading account?
JFX Corporate has closed many of its sites but traders are able to access offerings through the Japanese translatable site.
Does JFX Corporation have ZAR accounts?
No, JFX Corporation does not offer ZAR Accounts.
How many instruments can I trade with JFX Corporation?
You can trade several different instruments with JFX Corporation, which include the following:
- 60+ currency pairs, including the most popular ones such as the EUR/GBP, USD/EUR, GBP/USD and more
- Gold
- Silver
Does JFX Corporation offer leverage?
Yes, JFX Corporation offers maximum leverage of up to 1: 500.
Is JFX Corporation a good broker if I am new to trading?
JFX Corporation offers a fair-trading environment for most types of traders.
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