Be aware this broker is registered in St Vincent and the Grenadines and the payment processor is in Bulgaria which is rather notorious for Credit Card fraud... Always trade with a FCA or ASIC regulated broker...
My experience with JAFX has been positive thus far. I’ve been on demo with JAFX for about 4 months. I started live with JAFX about a month ago. JAFX has very low spreads on the major currency pairs. Their web page is very clean and easy to navigate. One thing to note is that the spread does increase if its around the time sensitive news is being released but just being aware helps with paying attention to it and stops it from being a surprise. I had a fraudulent alert from my bank when I was trying to deposit into my landing account because I use CHASE BANK. I wanted to make sure that the transaction in question was going to go to JAFX because it said the location was CHINA so I quickly messaged support before approving it to confirm. Within 12 hours JAFX responded to my concern and made me aware that it was okay to approve the transaction. The message was very understandable and my doubt was put to rest. The next day my funds were in my JAFX landing account. While trading live I have had no issues with my entries. My leverage is great and I really appreciate the fact that I can use 1:500. I do not have a huge amount of money deposited and I am still able to trade within my risk management and making a decent amount of profit. Also, I like the fact that I can use .01 lot so I can put in longer term trades. A major plus for me was to have the ability to trade gold. My last broker did not allow me to trade gold. I will continue to use JAFX.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.