JAFX Forex Broker keeps up-to-date with the latest trading account information, including Standard Account maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Tight spreads and low trading costs, making it attractive for traders.
Access to the popular MetaTrader 4 platform, which supports various trading strategies and tools.
High leverage options available, allowing for potentially greater returns on investment.
Cons
Unregulated status raises concerns about the safety of funds and overall trustworthiness.
Offshore registration may lead to limited recourse in case of disputes or issues.
Negative reputation due to accusations of unethical practices and potential scams.
JAFX broker Accounts
Standard Account
Environment
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Currency
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Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$10
Minimum Spread
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Depositing Method
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Withdrawal Method
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Minimum position
0.01
Commission
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Products
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JAFX Account Type
JAFX offers a single type of trading account, known as the Standard Account. Here are the key features of this account type:
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Minimum Trade Size: 0.01 lots
- Commission: $4 per lot traded
- Spread Type: Variable spreads
- Trading Instruments:
- Forex: 47 currency pairs
- Commodities: 8 markets
- Indices: 11 CFDs
- Cryptocurrencies: 30 pairs
- Stocks: 107 companies
- Visit the Website: Go to JAFX's official website.
- Click on "Open Account": Locate the account opening section and click on it.
- Fill in Personal Information: Provide your basic personal details such as name, email, and phone number.
- Upload Verification Documents: You will need to submit documents for identity verification, including:
- Proof of Identity: Passport, drivers license, or national ID card.
- Proof of Address: Utility bill, bank statement, or similar document.
- Deposit Funds: Make your initial deposit using one of the accepted methods, primarily Bitcoin or credit/debit cards via Instacoins.
- Account Approval: Wait for your account to be approved, which typically takes less than 24 hours.
The account is designed to cater to both novice and experienced traders, allowing for various trading strategies including scalping and hedging.
JAFX Broker Account Opening Process
Opening an account with JAFX is a straightforward process. Here are the steps to follow:
Once your account is set up and funded, you can start trading on the JAFX platform.
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