JRFX Forex Broker

JRFX Review SummaryFounded2005Registered Country/RegionNew ZealandRegulationNo regulationMarket InstrumentsForex, commodities, indices, US stocksDemo Account✅LeverageUp to 1:1000SpreadFrom 0.7 pips (Standard account)Trading PlatformMT4, JRFX APPMin Deposit$100Customer Support24/7 live chatTel: +65 8372 7701Email: info@jrfx.com, cs@jrfx.comX: https://twitter.com/jrfx_officialFacebook: https://www.facebook.com/JRFX_official-104448608357379Instagram: https://www.instagram.com/jrfx_official/Youtube, Zalo, TelegramJRFX Information Founded in 2005, JRFX is an unregulated broker registered in New Zealand, offering trading on forex, commodities, indices and US stocks with leverage up to 1:1000 and spread from 0.7 pips on the Standard account through the MT4 and JRFX APP platforms. Demo accounts are available and the minimum deposit requirement to open a live account is $100.Pros and ConsPros Cons Various trading productsNo valid regulationsDemo accountsUnknown payment optionsMultiple account typesCommission-free accounts offeredMT4 platform24/7 live chatIs JRFX Legit? No. JRFX currently has no valid regulations. Please be aware of the risk!Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Financial Conduct Authority (FCA)Revoked Up Way UK Global International LimitedAppointed Representative (AR)913023Financial Conduct Authority (FCA)Revoked Upway Global Market (UK) LimitedAppointed Representative (AR)991852The Chinese Gold & Silver Exchange Society (CFSE)Suspicious Clone 金荣中国金融业有限公司Type AA License084What Can I Trade on JRFX?Tradable Instruments Supported Forex ✔Commodities ✔Indices ✔US stocks ✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Here are three account types JRFX offers:Account TypeMin DepositEasyPro $100Standard $100ECN $10 000LeverageAccount TypeMax LeverageEasyPro 1:1000Standard 1:500ECN 1:200 Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.JRFX FeesAccount TypeSpreadCommissionEasyPro From 1.2 pips❌Standard From 0.7 pips❌ECN From 0 pips$3.5/lot per sideTrading PlatformTrading PlatformSupported Available Devices Suitable for JRFX APP✔Android, IOS, Google play/MT4✔Desktop, mobileBeginnersMT5❌/Experienced traders