Yes, JFX Corporation offers a Demo Account mimicking a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
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 Demo Account Revealed – A Key 8-Point Quick Overview
- ✅JFX Corporation at a glance
- ✅JFX Corporation Overview
- ✅How to set up a JFX Corporation Demo Account – Step by Step
- JFX Corporation Demo Account Features
- 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.
How to set up a JFX Corporation Demo Account – Step by Step
You can open a live account or demo account (also called a practice account) from start to finish on the JFX Corporation website and choose to open a demo account first. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.
JFX Corporation accounts can be opened in USD, EUR, CHF, GBP, JPY, AUD, ZAR, CAD, SGD, and NZD. An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step. Note that this ‘Know Your Client (KYC) process, may only be necessary once you decide to move forward and work with real money.
Follow these steps to open a Demo account:
Step 1 – Download the MetaTrader – MT4 App.
Step 2 – Search for JaFX
Step 3 – Fill in your Personal information to start trading
the next step requires traders to fill out their Names, Phone numbers, and email addresses in order to gain access to the JaFX demo platform.
A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’.
Beginner traders can use a demo account to get acquainted with the live trading environment, where they can actively participate in trades and develop their own strategies. Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what JFX Corporation has to offer.
JFX Corporation Demo Account Features
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 |
JFX Corporation Pros and Cons
| ✔️ Pros | ❌ Cons |
| Broker is well regulated | The minimum deposit of $2000 is exceedingly high |
| Competitive spreads are offered | Not enough education for novice traders |
| Demo Account can be opened | Research is not specified on the website |
| Six different platforms for trading | |
| Variety of accounts are available |
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
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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.
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
Frequently Asked Questions
Can traders from South Africa open a JFX Corporation demo account?
Yes, JFX Corporation is accessible to traders in South Africa
Can you withdraw money from a JFX Corporations demo account?
No, JFX provides virtual funds for trading and does not allow withdrawals on demo accounts.
Is the JFX Corporation’s Demo account the same as a real account?
A demo account as is offered by broker companies like JFX Corporation is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features, before setting up a real account that needs to be funded with the customers own real money.
How long is the JFX Corporation demo account valid?
The demo account can be used for an unspecified period.
How does JFX Corporation make money?
JFX Corporation makes money by trading the markets.
