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JRFX

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New Zealand

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2010 (14 Years)

Please carefully consider your options and choose the service that best meets your needs.


Beware

2.90/5

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License

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Traffic & Engagement

1.67

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License

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Warning

This broker is currently unregulated.

Please be cautious of the potential risks!

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What are the differences in regulations for each ?

Warning Report

Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.

Warning

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Thg 05 02, 2024

We found that JRFX's licensing enforcement does not comply with the FSA. The company that holds the license 601 is called Up Way Global Markets LLC.

JRFX - Pros and Cons

Pros

  • Wide variety of trading assets

  • Supports trading on both MT4 and the broker's own JRFX App

  • 24/7 customer service with extensive educational resources and market analysis

Cons

  • Concerns about the reliability of licensing, with relatively weak regulatory oversight

  • Lack of information on deposit/withdrawal methods and fees

  • No details provided about account types

  • No promotions or bonuses to attract investors

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Company Information

Get to know JRFX

As a well-known forex broker, with an experienced financial team, JRFX is committed to providing clients with the highest quality of service, technical support, and trading experience. JRFX is widely acclaimed and considered one of the best forex brokers globally. Independent and respected media awards attest to the recognition of JRFX's efforts over the past 14 years, making us one of the most reputable forex brokers worldwide.

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Primary Industry

  • Forex - Retail BrokerPRIMARY

HQ Location

Users who look JRFX also look…

Highlight Review

ABDULLAHI YAKUBU

ABDULLAHI YAKUBU

Direct review

Excellent

Overall Thought

JRFX the great among all the platforms that we used now and very trust and tested one.

Thg 08 31, 2023
Adaga Emmanuala

Adaga Emmanuala

Direct review

Excellent

Overall Thought

JRFX is an absolute platform for researching and considering feedback from other traders is a crucial step before choosing any broker. It helps ensure you make an informed decision and select a reliable platform that aligns with your trading goals and preferences.

Thg 08 29, 2023
A

morgangodsgift

Direct review

Excellent

Overall Thought

The best platform, it has beginner friendly interface and nice trading strategies.

Thg 08 26, 2023
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Summarization

JRFX Review: Is JRFX a Good Broker?

Broker overview and general information

JRFX is a reputable forex broker founded 14 years ago. The company has an experienced financial team, is committed to service, and provides excellent technical support and trading experience to its clients.

The broker is registered as a limited company in Saint Vincent and the Grenadines with registration number 601LLC2020. The company offers CFD trading on a variety of financial products such as foreign exchange, gold, stocks and indices.

There are also investment institutes that provide knowledge about forex trading, covering everything from basic knowledge, trading strategies to technical analysis, to help investors develop their trading skills and knowledge.

Broker Licensing and Regulation

If you ask whether JRFX broker is good or not, you should start by considering the registration and license first, which has the following details: BrokerOperated by Up Way Global Markets LLCWhich is a part of UP WAY Group LtdThe company has offices in both Singapore and New Zealand. For licensing and regulation, the broker is approved by several major financial authorities, including:

  • FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (FSA) License No. 601LLC2020 under Up Way Global Markets LLC.

  • Financial Service Providers (FSPs) in New Zealand - License Number 770914

  • Dubai Multi Commodities Centre (DMCC) in Dubai - License Number DMCC-673932

  • British Virgin Islands Financial Services Commission (BVIFSC) British Virgin Islands - License Number 2047780

⚠️Warning:Although the broker is regulated, many users are concerned about the FSA license because it is a Tier D license, which has less strict supervision. This makes users feel uncertain about the supervision under this agency. Therefore, this factor should be reconsidered before investing.



Broker Products and Services

Trading products

Brokers offer a wide range of investment products to suit all needs, covering Forex, stocks, indices and commodities.

  • Trade Forex: Trade Forex to make profit from currency differences. There are many popular currency pairs to trade.

  • Stocks: Trade world-famous stocks, make profits without owning/buying real stocks. You can trade stocks in all popular business groups, such as Apple, Amazon, AirBnB, etc.

  • Indices: Trade global indices on the most popular indices worldwide, such as USDX, AUS200, DE30, F40, etc.

  • Commodities: Trade commodities, make profits and diversify your investment portfolio by trading gold, crude oil, and more.

Trading Platform

You can invest through 2 platforms: MetaTrader 4 (MT4) and JRFX App.

  • MT4:MetaTrader 4A basic trading program suitable for all new investors. Easy to use, convenient, fast, the most convenient platform to start trading.

  • JRFX AppApplication for trading in the Forex market stands out with features such as providing real-time market price information, fast order execution, and has more than 5 million users worldwide because of its high security.



Customer Service

For foreign investors or Thai investors who want to invest, you can contact customer service 24 hours a day through this channel.

  • E-mail:[email protected]

  • Tel:+65 8372 7701

  • Website:https://www.jrfx.com/

  • Facebook: https://web.facebook.com/JRFXcom

  • YouTube: https://www.youtube.com/channel/UCYqR9Pk5q0EK9WM4pis01lw

  • Supported languages:English, Chinese, Hong Kong, Vietnamese, Thai, Japanese, Indonesian, Malaysian



Broker Review Overview Summary

Overall, JRFX is a broker with over 10 years of experience in the market, with assets covering the basic market level. It offers trading services on MT4, which is highly reliable, and also has an application like JRFX App to facilitate traders. However, the website lacks many important pieces of information that affect investment considerations, such as concerns about low-reliability licenses, deposit and withdrawal channels / account types, or the lack of attractive promotions, which may not attract enough investors.



Frequently Asked Questions about JRFX

  1. What platforms can I use to trade Forex?

Answer: You can trade via MetaTrader 4 (MT4) and JRFX App.


  1. Which organizations are licensed and regulated by the broker?

Answer: The broker is licensed by FSA, FSP and BVIFSC.


  1. What assets can be traded?

Answer: You can trade on Forex, stocks, indices and commodities.



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