JMI Forex Broker

JMI Review SummaryFounded1994Registered Country/RegionVanuatuRegulationVFSCMarket InstrumentsStocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, FundsDemo Account✅LeverageUp to 1:500SpreadFrom 0.1 pipsTrading PlatformJMI Mobile APP, Web Trader, Meta Trader 4Social/Copy Trading✅Minimum Deposit$100Customer SupportLive Chat, Contact FormTel: +678 24404Email: support@jmibrokers.comAddress: 1276, Govant Building, Kumul Highway, PortVila Republic of Vanuatu Govant Building,P.0. Box 1276, Port VilaJMI Information JMI is a Vanuatu-based broker founded in 1994, regulated by VFSC. It offers a diverse range of market instruments, for instance: Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, Funds.Pros and ConsPros Cons Regulated by VFSCLimited contact channelsVarious trading assetsNo MT5, and cTrader supportSocial/Copy trading availableDemo account availableLive chat supportMT4 providedVarious account typesIs JMI Legit? JMI is regulated by Vanuatu Financial Services Commission (VFSC), under JMI Brokers LTD, with license number 15010.Regulatory StatusRegulated byLicensed InstitutionLicense TypeLicense NumberRegulatedVanuatu Financial Services Commission (VFSC)JMI Brokers LTDRetail Forex License15010What Can I Trade on JMI?Tradable Instruments Supported Cryptocurrencies✔Indices✔Forex✔Commodities✔ETFs✔Stocks✔Funds✔Options❌Futures❌Equities❌Bonds❌Account Type JMI offers four types of live trading accounts: Fixed Spread, Variable Spread, Scalping, and Bonus, each designed for different levels of trader experience and investment size. The broker also provides a demo account for practice.Account TypeMinimum DepositLeverageSpreadFixed SpreadUSD 100Up to 1:5001 pipsVariable SpreadUSD 500Up to 1:2000.1 pipsScalpingUSD 1000Up to 1:1001.7 pipsBonusUSD 100Up to 1:5002 pipsLeverage JMI offers leverage up to 1:500, depending on the instrument and account type. Leverage allows traders to control larger positions with smaller capital, amplifying both potential profits and losses.Trading PlatformTrading PlatformSupported Available Devices Suitable for JMI Mobile App✔iOS, Android/Web Trader✔Web (browser-based)/MT4✔iOS, AndroidBeginnersMT5❌/Experienced traders