All Share (J203) = 89 750
Rand / Dollar = 18.17
Rand / Pound = 23.53
Rand / Euro = 19.60
Gold (usd/oz) = 3 077.79
Platinum (usd/oz) = 984.50
Brent (usd/barrel) = 73.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

JFX Corporation – Fees and Spreads

JFX Corporation Fees & Spreads

 

JFX Corporation Brokers’ spread list starts from 0.9 pips EUR/USD. The spread list that traders can expect from JFX will depend on the type of account they use.

 

JFX Corporation at a glance

🔍 Brokers NameJFX Corporation
📍 HeadquarteredCyprus
📅 Year Founded2011
🏛 Regulating AuthoritiesCySEC, MiFID, BaFin, CNMV, FCA, ACP
🌐 Countries not accepted for tradeUnited States
☪️️ Islamic Account
(Swap Free)
Yes
📒 Demo AccountYes
💻 Institutional AccountsNo
💻 Managed AccountsYes
📊 Maximum Leverage1:500
💰 Minimum Deposit$2000
ZARR32 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 Assets60+ 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 Hours24 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 Fees Spreads and Commission Revealed – A Key 9-Point Quick Overview

  1. JFX Corporation at a glance
  2. JFX Corporation Overview
  3. JFX Corporations Fees and Spreads
  4. JFX Corporation Additional Trading Fees
  5. JFX Corporation Broker Fees
  6. JFX Corporation Pros and Cons
  7. JFX Corporation Customer Reviews
  8. Conclusion
  9. Frequently Asked Questions

 

JFX Corporation Overview

 

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 Overview

 

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.

 

JFX Corporation Overview

 

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 Corporations Fees and Spreads

 

JFX Corporation’s spreads on EUR/USD start from 0,9 pips. Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with JFX Corporation are as follows:

▶ EUR/USD:0.90
▶ GBP/USD:1.30
▶ USD/JPY:1.60

 

JFX Corporation Additional Trading Fees

 

When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day. JFX Corporation does provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.

 

Overnight fees/ Swap fees☑ Charged

 

The JFX Corporation support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.

 

JFX Corporation Broker Fees

 

The broker charges no deposit fees or withdrawal fees, so a trader need not worry about unexpected taxes. JFX Corporation also does not charge inactivity fees on accounts that are not used for an extended period.

 

Deposit Fees❌ not Charged
Withdrawal Fees❌ not Charged
Inactivity Fees ❌ not Charged

 

Traders need to verify what additional charges may be charged by their financial institution. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees.

 

JFX Corporation Pros and Cons

 

✔️ Pros❌ Cons
Broker is well regulatedThe minimum deposit of $2000 is exceedingly high
Competitive spreads are offeredNot enough education for novice traders
Demo Account can be openedResearch 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

IG 5 Star Review

Must Join

I double my investment in 6 months, with excellent customer service! Good CFD trading – Monre

IG 4 Star Review

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

IG 3 Star Review

 

You might also like: JFX Review

You might also like: JFX Account Types

You might also like: JFX Demo Account

You might also like: JFX Islamic Account Overview

You might also like: JFX Minimum Deposit

You might also like: JFX Sign-up Bonus

 

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.

 

JFX Corporation Contact Us

 

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

 

What is the cost of trading with JFX Corporation?

 

JFX Corporation has a minimum deposit of $2000.

 

Does JFX Corporation charge overnight fees?

 

Yes, JFX Corporation charges traders for positions held overnight.

 

Does JFX Corporation charge any inactivity fees?

 

No, JFX Corporation does not charge traders for inactivity.

 

What type of spreads applies to JFX Corporation?

 

JFX Corporation offers spreads from 0 and 0.4 pips.

 

Is JFX Corporation a good low commission broker?

 

Yes, JFX Corporation does not charge commission.

4.9/5 - (16 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 5, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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