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 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 Fees Spreads and Commission Revealed – A Key 9-Point Quick Overview
- ✅JFX Corporation at a glance
- ✅JFX Corporation Overview
- ✅JFX Corporations Fees and Spreads
- JFX Corporation Additional Trading Fees
- JFX Corporation Broker Fees
- 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 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 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
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.
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.
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