JFX Review

JFX is a forex broker operating out of Cyprus in compliance with the European Union's Markets in Financial Investments Directive (MiFID). We are one of the few brokers that have gone that extra mile in terms of customer protection and are registered with the following regulatory bodies. Customer money is kept in segregated accounts, and is protected by the Investment Compensation Fund.

 

JFX's trading conditions are excellent: we offers a choice between market and instant execution and very tight spreads, especially for ECN accounts – the typical spread on EUR/USD varies betweenÐ’Ð’  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 us 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, If – Done, etc.

 

The platforms we have at JFX are Metatrader 4 (MT4), and our own JFX Trader. The use of Expert Advisors, scalping and hedging are allowed. We also offer a competitive rebate program where all of our clients earn money every time they trade.

 

JFX trading information

 

Minimum position size 0.01
Pip spread on majors 0-5
Spread Type variable
Maximum Leverage 500:1
ECN, $ 100
Standard account, $ 100
Micro account, $ 100
Popular payment methods Credit Cards, Wire Transfer, Moneybookers, WebMoney
Account currencies USD, EUR, CHF, GBP, JPY, AUD, CAD, SGD, NZD
Available assets Gold, Silver
Languages German, Spanish, Portuguese, Italian, French, Russian, Turkish, Arabic, Japanese, Korean
Platforms Metatrader4, JFX Trader
Broker type  
Regulation CySec, FSA, CNMV, BaFin, ACP
Foundation 2011