JFX Corporation Review

Overall, JFX Corporation is very competitive in terms of its trading fees and spreads. Their spread is super low compared to other regulated brokers, and there are no hidden trading fees. JFX Corporation is an online CFD and ECN Forex broker which is headquartered in Cyprys.

JFX Corporation at a glance

Overall Rating

• 3.5/5

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OPEN AN ACCOUNT

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 Corporation Review Revealed – A Key 21-Point Quick Overview

1. ✅JFX Corporation at a glance
2. ✅JFX Corporation Overview
3. ✅JFX Corporation Sign-up Bonus
4. JFX Corporation Minimum Deposit
5. JFX Corporation Account Types
6. JFX Corporation Account Features
7. How to Open a JFX Corporation Account – Step by Step
8. JFX Corporation Demo Account
9. The JFX Corporation Islamic Account
10. JFX Corporations Fees and Spreads
11. JFX Corporation Additional Trading Fees
12. JFX Corporation Deposit fees and deposit methods
13. JFX Corporation Trading Platforms
14. JFX Corporation vs Invast global vs INGOT Brokers – A Comparison
15. Top Countries by Similar Web – JFX Corporation
16. JFX Corporation Current Popularity Trends
17. JFX Corporation Pros and Cons
18. JFX Corporation Customer Reviews
19. Conclusion
20. Disclaimer
21. Frequently Asked Questions

JFX Corporation Overview

According to research in South Africa, JFX Corporation is a broker on the Forex market operating in Cyprus following the European Union directive on financial markets (MiFID).   

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.

Overall Rating

• 3.5/5

Read Review

OPEN AN ACCOUNT

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 Corporation Sign-up Bonus

JFX Corporation does not offer specific bonuses with sign-up, also called a deposit bonus. New traders who register a real account with a broker may receive a sign-up bonus, a deposit bonus, or a welcome bonus.

Currently, there are no such bonuses for new JFX Corporation clients, but every trader using the broker’s services can participate in a cash rebate program to earn money for every trade they make. Brokers usually offer this kind of bonus to new traders to draw more customers and encourage trading activities. Offering a deposit or welcome bonus gives traders some money back depending on the initial deposit made.

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:

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 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.

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.

Gold Account

This account can be opened with a minimum deposit of $10 000, with features like the Silver Account.

Platinum Account

The Platinum Account needs a minimum deposit of $20 000 as it provides better trading conditions.

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.

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.

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.

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.

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 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:

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.

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:

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, 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.

JFX Corporation Trading Platforms

The forex trading platform provided by JFX Corporation to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

JFX Corporation provides the following: MetaTrader 4, JFX Trader, JFX FXBridge, Mobile Trader, JFX ProTrader, and PAMM.

JFX Corporation vs Invast global vs INGOT Brokers - A Comparison

Top Countries by Similar Web - JFX Corporation

JFX Corporation Current Popularity Trends

According to Google Trends, here is an overview of how frequently the search term – “JFX Corporation” is entered into Google’s search engine over a given period of time.

JFX Corporation Pros and Cons

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 Minimum Deposit

You might also like: JFX Account Types

You might also like: JFX Demo Account

You might also like: JFX Fees and Spreads

You might also like: JFX Islamic Account

You might also like: JFX Sign-up Bonus

Conclusion

Overall, 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.

Disclaimer

JFX Corporation warns potential customers that Forex and CFD trading always carries a high risk and may not be suitable for all investors. Before deciding to trade with JFX Corporation, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

JFX Corporation warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable. JFX Corporation cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

Overall Rating

• 3.5/5

Read Review

OPEN AN ACCOUNT

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

Is JFX Corporation legit?

Yes, JFX Corporation is regulated by Cyprus Securities and Exchange Commission, CySEC. They are also regulated in Germany by BaFin, regulated in Spain by CNMV, regulated in the UK by FCA, and regulated in France by ACP.

Which platforms are supported by JFX Corporation?

JFX Corporation provides the following popular trading platforms:

• MetaTrader 4
• JFX Trader
• JFX FXBridge
• Mobile Trader
• JFX Pro Trader Platform
• PAMM

For which type of trader is JFX Corporation best suited?

JFX Corporation offers a fair trading environment for most experienced traders.

What is the overall rating out of 10 for JFX Corporation?

The overall rating for JFX Corporation is 7/10.

What type of trader is JFX Corporation?

JFX Corporation is both an STP and ECN broker.