Search

JASFX Forex Broker provides real users with 2 positive reviews, 1 neutral reviews and 34 exposure review!

JASFX Broker Review

1.40

WikiFX monitor

Business

Influence E

License

No license

JASFX Review 37

Latest All(37) Positive(2) Neutral(1) Exposure(34)
Exposure
Jasfx runs the game, no one playing will lose money like me

Jasfx told the staff that they asked me to join. The expert ask for a lot of sales to invite me to follow and they must contact me to fix the flower I don't want to sell them to them. An Hoa Hong does not have a name, they can't give me a price. They give me a high price of 64. I don't have a chance to come back, let me run away from an account to an Hoa Hong jasfx to recheck my money. When they know that I'm about to lose my account, they don't give me a gmail email address to sign in. The last account is that they've stole more than 250 million from me. Then they don't let me ask for a new jasfx ac loan. Experts recommend loans?

xinchao
2023-12-10
Exposure
Fraudulent to let users pay money, destroy accounts

My husband was lured by the broker staff to pay money. At first, he was instructed to play, invest some money. Some will lose, some will win. When he was tempted to pay again, he didn't pay. She ignored him. To save his account that was losing money, my family tried to save only a few hundred, then the broker used the excuse of withdrawing the initial investment saying the account was not strong enough. Then they locked my husband's account without prior notice. My husband contacted support but he said he didn't know anything. I know it's impossible to get it back, but I hope everyone knows and avoids this scammer.

ELISA6639
2023-11-08
Exposure

I was invited by a broker to join Jasfx with a deposit program of 2000 USD to get 5 Jasfx shares, and to receive a bonus of trading for 2 weeks, I deposited 2068 USD (August 16) and traded 3151 USD, from that date. From September 4 to September 18, I placed 4 withdrawal orders but the money did not come back. I asked for support and was told that I could not withdraw money because there was not enough trading volume, even though the exchange took back 138 USD for 5 shares. Vinfast offers. I couldn't withdraw my original 2068 USD. On August 30, I also received a temptation to enter 0.8 lots of XTP to be eligible to withdraw money, but I knew that entering 1 lot doesn't go in. Now the floor deliberately does not let me withdraw both my principal and profit of 3012 USD (the remaining amount after deducting 138 USD).

Vũ Minh542
2023-09-19
Neutral
Rút tiền thất bại, cảnh báo tránh giao dịch nguy hiểm

không thể rút được tiền, mọi người nên tránh xa

Phong5549
03-28
Exposure
Scam from Support

Organized scams are horrible. Promised to withdraw money but more than 1 month 10$ did not return to the bank. Also, ask other people in the organization to cheat, not to cheat.

FX2198346897
2023-06-22
Exposure
Free $3000 withdrawal of Jasfx profit

I was invited by Jasfx employees to experience $3000 for free and withdraw all profits within 3-5 days, provided that I had to deposit $2000 to activate. After 2 days of trading, I received a profit of $2657. I want to withdraw funds. Jasfx employees requested me to deposit $2000, and my total account amount is $4657.4. After I deposited the funds and attempted to withdraw them, the Jasfx employees took all measures to prevent me, but I decided to deduct $2157, leaving only $2500. I traded $2503.36. I noticed that it was not good. I immediately withdrew $2503 from my account and requested Jasfx employees to support my withdrawal. At the beginning, they promised... You can make quick deposits and withdrawals at any time, but now I'm calling and texting you, and you can't see a response. I made a withdrawal order for $2503 yesterday, but I haven't returned it today. The profit loss of $2157 is lost, and if you don't tell me, the funds are gone. When I receive the withdrawal slip, I will give you the money.

FX1514516288
2023-05-19
Exposure
Can't withdra

Scam, launch a program to lure customers to deposit money, and then ask masters to play Metal. When new guests came in it will hot and I was scammed out of $6,000

BinhMinh
2023-04-28
Exposure
Can't withdraw

I placed a withdrawal order but did not respond to contact the consultant.

nhanta
2023-04-26

  

JasFX 2025 Review: Everything You Need to Know

  

Summary

  JasFX, an offshore forex broker, has garnered significant scrutiny due to its unregulated status and numerous user complaints regarding withdrawal issues and customer service. While it offers a wide range of trading instruments and high leverage, potential investors should exercise caution given the broker's lack of oversight and troubling user experiences.

  Note: The broker operates under different entities in various regions, which adds complexity to its regulatory status. Our assessment combines multiple sources to ensure a fair and accurate representation of JasFX.

  

Rating Overview

Category Score (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 4

  We evaluate brokers based on user feedback, expert opinions, and factual data from various sources.

  

Broker Overview

  Established in 2010, JasFX is a forex brokerage firm registered in Saint Vincent and the Grenadines. The broker operates using the MetaTrader 5 (MT5) platform, which is available on both desktop and mobile devices. JasFX offers a diverse array of trading instruments, including over 40 currency pairs, commodities, indices, stocks, and cryptocurrencies. However, it has been noted that the broker lacks valid regulatory oversight, which raises significant concerns about the safety of client funds.

  

Detailed Section

  

Regulatory Status

  JasFX operates without valid regulation, which is a critical red flag for potential traders. While it is registered with the SVG FSA, this authority does not regulate forex activities, leaving clients without essential protections. Multiple sources have reported that traders have faced difficulties in withdrawing their funds, suggesting a lack of transparency and accountability (Scam Helpers, BrokersView).

  

Deposit/Withdrawal Currencies and Cryptocurrencies

  JasFX supports various deposit and withdrawal methods, including bank wire transfers, credit cards, and cryptocurrencies like Bitcoin and Tether (USDT). However, the minimum deposit required to open a live account is set at $500, which may be a barrier for some traders. Unfortunately, there are no clear indications of minimum withdrawal amounts, leading to further confusion among users (Forex Peace Army).

  

Minimum Deposit

  The broker requires a minimum deposit of $500 to open an account, which is relatively high compared to other brokers in the market. This could deter novice traders or those looking to test the waters with smaller amounts.

  

Bonuses/Promotions

  There is no information available regarding bonuses or promotional offers provided by JasFX. This absence of incentives may further contribute to its lack of attractiveness for potential clients compared to other brokers that offer bonuses to attract new traders.

  

Tradeable Asset Classes

  JasFX provides access to a wide range of asset classes, including forex, commodities, CFDs, indices, stocks, and cryptocurrencies. The availability of over 40 forex pairs and more than 25 cryptocurrencies, including Bitcoin and Ethereum, allows for diverse trading strategies (PediaFX).

  

Costs (Spreads, Fees, Commissions)

  The trading costs at JasFX vary depending on the account type. For the standard account, the minimum floating spread is reported to be around 1.4 pips, with no commission. However, for VIP accounts, spreads can be as low as 0.1 pips, but they incur a commission of $6 per lot (Scam Detector). This tiered structure may appeal to more experienced traders who are willing to pay for tighter spreads.

  

Leverage

  JasFX offers a maximum leverage of up to 1:500, which is attractive for traders looking to amplify their potential returns. However, it is crucial to note that high leverage also increases the risk of significant losses, especially for inexperienced traders (BrokersView).

  

Allowed Trading Platforms

  The primary trading platform offered by JasFX is MetaTrader 5 (MT5), known for its robust features, including advanced charting tools and automated trading capabilities. The platform is widely used in the forex industry and is considered a standard for many traders (PediaFX).

  

Restricted Regions

  JasFX is not available to residents of several countries, including the United States, Germany, and Japan, among others. This limitation may restrict its user base and affect its overall reputation in the global market (JasFX Review).

  

Available Customer Service Languages

  Customer support at JasFX is reportedly limited, with many users expressing dissatisfaction regarding the responsiveness of the support team. The primary language for customer support appears to be English, which may pose challenges for non-English speaking traders (Scam Helpers).

  

Repeated Rating Overview

Category Score (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 4

  

Detailed Breakdown

  

Account Conditions

  The minimum deposit requirement of $500 is considered high, especially for new traders. The account types available do not offer much flexibility, which may limit options for different trading strategies.

  

Tools and Resources

  While the MT5 platform provides robust trading tools, the lack of educational resources and market analysis could hinder users, particularly beginners, from making informed trading decisions.

  

Customer Service and Support

  User experiences indicate significant issues with customer support, with many reports highlighting unresponsive communication and delays in addressing withdrawal requests (BrokersView).

  

Trading Setup (Experience)

  The trading experience on the MT5 platform is generally positive, but the high leverage and spread structure may not suit all traders, particularly those with lower risk tolerance.

  

Trustworthiness

  The unregulated status of JasFX, coupled with numerous user complaints about withdrawal issues, significantly undermines its trustworthiness. Potential clients should be cautious when considering this broker for trading.

  

User Experience

  Overall user experiences have been mixed, with some users reporting successful trades while others have faced significant challenges, particularly regarding fund withdrawals and customer service (Scam Detector).

  In conclusion, while JasFX offers a variety of trading instruments and high leverage, its unregulated status and concerning user feedback present significant risks. Potential traders are advised to conduct thorough research and consider safer, regulated alternatives.