JFX JFX Review, Rating and Comparison

JFX Review, Rating and Comparison

Headquarters: 155 Agias Fylaxeos St & Spyrou Kyprianou Avenue, Ersi Court, Office 202, 3083 Limassol

Country: Cyprus

Regulated by: CySec, licence number 156/11

Website: www.jfx.com

Trader's rate 0
Editor's rate 4.1
0 reviews

JFX Prime Account:

minimum deposit: $100

minimum lot size: 1k (micro lot)

maximum leverage: 1:500

spread: 0.9 pips on EUR/USD

 

JFX ECN Account:

minimum deposit: $100

minimum lot size: 1k (micro lot)

maximum leverage: 1:500 

spread: 0.0 pips on EUR/USD

commissions apply

 

JFX Dealing:

STP (NDD) and ECN accounts

 

JFX Spread:

Variable spread, from 0 pip on ECN accounts

Variable spread on PRIME accounts

 

JFX Deposit/Withdrawal methods

Credit/Debit card, Bank Wire, Moneybookers (Skrill), Webmoney, Boleto Bancario

 

JFX Trading Platforms:

Metatrader 4 (MT4), JFX Trader and JFX ProTrader powered by Currenex, Mobile Trader (for iPhone, iPad and Android)




 

JFX is a forex broker operating out of Cyprus in compliance with the European Union's Markets in Financial Investments Directive (MiFID). It is one of the few brokers that have gone that extra mile in terms of customer protection and is registered with the following regulatory bodies: 

 

- Cyprus Securities and Exchange Commission (CySEC);

- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany;

- Comisión Nacional del Mercado de Valores (CNMV), Spain

- Financial Services Authority (FSA), UK

- ACP – L'Autorité de Contróle Prudentiel (ACP), France

 

Customer money is kept in segregated accounts, and is protected by the Investment Compensation Fund. 

 

JFX's trading conditions are excellent: it offers a choice between market and instant execution and very tight spreads, especially for ECN accounts – the typical spread on EUR/USD there varies in the range of 0 – 0.4 pips. Nine major banks provide liquidity to JFX so that traders always get the best possible quotes. 

 

99,9% of the orders placed with this broker are executed at the requested price, which means that slippage is almost non-existent. Speaking of orders, there's a wide variety of these – both market and pending orders are available, along with more exotic order types such as OCO, Fill or Kill, If – Done, etc. 

 

The platforms that you will find over at JFX are Metatrader 4 (MT4) and its proprietary JFX Trader and JFX ProTrader. 

 

The use of Expert Advisors, scalping and hedging are allowed. 

 

JFX also offers a competitive rebate program where traders earn money every time they trade.

 

JFX does not accept U.S. traders. 

 

Latest news about JFX

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

Traders` reviews for JFX Add review