JFX Corporation has an exceedingly high minimum deposit requirement of $ 2 000 for the Silver Account. This minimum deposit amount is equivalent to ZAR 32 000 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
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 Minimum Deposit Revealed – A Key 9-Point Quick Overview
- ✅JFX Corporation at a glance
- ✅JFX Corporation Overview
- ✅JFX Corporation Minimum Deposit
- JFX Corporation Deposit fees and deposit methods
- A step-by-step guide to depositing the JFX minimum amount
- 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 Minimum Deposit
JFX Corporation has an exceedingly high minimum deposit requirement of $ 2 000 for the Silver Account. The minimum deposit depends on the type of account you have registered and on the trading platform, you are going to use. Minimum deposit amounts for other account types are as follows:
| Silver Account | $2000 |
| Gold Account | $10 000 |
| Platinum Account | $20 000 |
| Gold ECN Account | $2000 |
| Platinum ECN Account | $20 000 |
JFX Corporation’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.
JFX Corporation Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that JFX Corporation requires when traders register a live account is high. JFX Corporation offers traders various payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.
JFX Corporation accepts the following payment methods:
| 💳 Wire Transfer |
| 💳 Skrill |
| 💳 WebMoney |
| 💳 Neteller |
| 💳 Credit Card |
| 💳 Debit Card |
JFX Corporation does/not levy additional fees, and third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. USD, EUR, CHF, GBP, JPY, ZAR, AUD, CAD, SGD, and NZD are accepted as deposit currencies. Traders must ensure that they verify whether their financial institution charges its own fees. There are no deposit or withdrawal fees, so traders need not worry about unexpected taxes.
A step-by-step guide to depositing the JFX minimum amount
Traders can fund their accounts by sending the funds to one of the JFX Corporation segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.
Step 1 – Log in to the JFX Corporation Personal area
Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.
Step 2 – Transfer Funds
Funds must be transferred in the same currency as the bank account to which they are sending, to prevent currency conversion fees from being charged.
JFX Corporation Pros and Cons
| ✔ PROS | ❌ CONS |
| Broker is well regulated | Minimum deposit of $2000 is exceedingly high |
| Competitive spreads are offered | Not enough education for novice traders |
| Islamic accounts can be opened | Research is not specified on website |
| Six different platforms for trading | Website is not user-friendly |
| Variety of accounts 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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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
What is the cost of opening a trading account with JFX Corporation?
The cost of opening a trading account with JFX Corporation is a minimum deposit requirement of $ 2 000.
How does the minimum deposit of JFX Corporation compare to similar brokers?
The minimum deposit requirement of $2000 is considered very high when compared to other similar brokers.
How do you make a deposit and withdraw money with JFX Corporation?
JFX Corporation offers the following deposit methods and withdrawal methods:
- Wire Transfer
- Skrill
- WebMoney
- NETELLER
- Credit card
- Debit card
The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.
Does JFX Corporation charge withdrawal fees?
No, JFX Corporation does not charge withdrawal fees.
How long does it take to make a withdrawal with JFX Corporation?
Withdrawals on JFX Corporation can take up to five business days to be available.
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