JMI Review 5
JMI Brokers raises concerns with its offshore regulatory status, limited educational resources, and a lack of transparency on customer support and stock trading commissions. Access issues to the official website add to the uncertainties. Caution is advised before considering this platform.
I've been checking out JMI Brokers, and they've got a bunch of financial instruments and different account types with some pretty competitive spreads. The fact that they use MetaTrader 4 is cool and all, making the trading experience better. But I gotta say, I'm a bit skeptical because they're offshore regulated. Also, there's not much in the way of educational resources, and I couldn't find detailed info on customer support and stock trading commissions. Makes me a little uneasy, you know?
After looking at this company, I searched wikifx and found out that it has high transaction costs and does not provide services in Spanish. My English is fine, but I prefer to operate in my native language.
$100 minimum deposit to open an account is OK. Wide range of instruments and flexible leverage are both good. However, 2 pips for EUR/USD pair is too high, and popular payments are not supportable.
I tested a demo account on this platform several days ago, trading conditions looks good. Their customer service team is also enthusiastic and professional. I am ready to invest a small amount here to see if it performs good. I will come to tell you the result later.