Company Profile
Company Profile
Review summary
| JRFX Review Summary | |
| Founded | 2005 |
| Registered Country/Region | New Zealand |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, indices, US stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.7 pips (Standard account) |
| Trading Platform | MT4, JRFX APP |
| Min Deposit | $100 |
| Customer Support | 24/7 live chat |
| Tel: +65 8372 7701 | |
| Email: info@jrfx.com, cs@jrfx.com | |
| X: https://twitter.com/jrfx_official | |
| Facebook: https://www.facebook.com/JRFX_official-104448608357379 | |
| Instagram: https://www.instagram.com/jrfx_official/ | |
| Youtube, Zalo, Telegram | |
JRFX 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 Cons
| Pros | Cons |
| Various trading products | No valid regulations |
| Demo accounts | Unknown payment options |
| Multiple account types | |
| Commission-free accounts offered | |
| MT4 platform | |
| 24/7 live chat |
Is JRFX Legit?
No. JRFX currently has no valid regulations. Please be aware of the risk!
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Financial Conduct Authority (FCA) | Revoked | Up Way UK Global International Limited | Appointed Representative (AR) | 913023 |
 | Financial Conduct Authority (FCA) | Revoked | Upway Global Market (UK) Limited | Appointed Representative (AR) | 991852 |
 | The Chinese Gold & Silver Exchange Society (CFSE) | Suspicious Clone | 金荣中国金融业有限公司 | Type AA License | 084 |
What 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 Type | Min Deposit |
| EasyPro | $100 |
| Standard | $100 |
| ECN | $10 000 |
Leverage
| Account Type | Max Leverage |
| EasyPro | 1:1000 |
| Standard | 1:500 |
| ECN | 1:200 |
Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
JRFX Fees
| Account Type | Spread | Commission |
| EasyPro | From 1.2 pips | ❌ |
| Standard | From 0.7 pips | ❌ |
| ECN | From 0 pips | $3.5/lot per side |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| JRFX APP | ✔ | Android, IOS, Google play | / |
| MT4 | ✔ | Desktop, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
