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Pros

Access to high leverage of up to 1:1000, allowing traders to maximize their potential profits.
Offers a demo account for practice, enabling traders to test strategies and familiarize themselves with the platform without financial risk.
Provides a variety of trading platforms, including MetaTrader 4 and a proprietary mobile app, catering to different trading preferences.

Cons

High spreads on non-ECN accounts, making trading less cost-effective compared to industry standards.
Limited range of trading instruments, which may not satisfy traders looking for diverse options.
Lack of robust customer support options, such as live chat, which can hinder timely assistance in trading situations.

JRFX broker Accounts

JRFX Account Type

JRFX offers several types of trading accounts to cater to different trader needs:

  • EasyPro Account
    • Minimum Deposit: $100
    • Minimum Spread: 1.2 pips
    • Leverage: Up to 1000:1
    • Commission: Zero
    • Minimum Trading Size: 0.01 lot
    • Order Execution: Instant execution / Market execution
    • Platforms: MT4 & JR FX One
    • Maximum Trading Size: 20 lots
    • Access to Free Trading Tools: Yes
    • VIP Dedicated Services: Yes
    • Free Signals & Indicators: Yes
    • Standard Account
      • Minimum Deposit: $100
      • Minimum Spread: 0.7 pips
      • Leverage: Up to 500:1
      • Commission: Zero
      • Minimum Trading Size: 0.01 lot
      • Order Execution: Instant execution / Market execution
      • Platforms: MT4 & JR FX One
      • Maximum Trading Size: 20 lots
      • Access to Free Trading Tools: Yes
      • VIP Dedicated Services: Yes
      • Free Signals & Indicators: Yes
      • ECN Account
        • Minimum Deposit: $10,000
        • Minimum Spread: 0 pips
        • Leverage: Up to 200:1
        • Commission: $3.5 per side
        • Minimum Trading Size: 0.1 lot
        • Order Execution: Market execution
        • Platforms: MT4 & JR FX One
        • Maximum Trading Size: 30 lots
        • Access to Free Trading Tools: Yes
        • VIP Dedicated Services: Yes
        • Free Signals & Indicators: Yes

        JRFX Broker Account Opening Process

        To open an account with JRFX, follow these steps:

        • Visit the JRFX Website
          • Choose Account Type
            • Select the desired account type from EasyPro, Standard, or ECN based on your trading needs.
            • Fill in Personal Information
              • Complete the registration form with your full name, email address, phone number, and country of residence.
              • Verify Your Identity
                • Upload scanned copies of identification documents (e.g., passport or drivers license) and proof of address (e.g., utility bill).
                • Set Up Security Measures
                  • Enable two-factor authentication (2FA) or set a personal identification number (PIN) for added security.
                  • Fund Your Account
                    • Choose from various deposit methods (bank transfers, credit/debit cards, e-wallets) to fund your account.
                    • Familiarize Yourself with the Platform
                      • Explore the JRFX trading platform and its features, tools, and functions.
                      • Start Trading
                        • Once familiar with the platform, begin trading by analyzing the market and executing trades.

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JRFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
JRFX Account