JFX is a broker on the Forex market operating in Cyprus following the European Union directive on financial markets (MiFID). It is one of the brokers who has received a milestone in protecting clients. This broker policy is registered in the following regulatory bodies:
- Cyprus Securities and Exchange Commission (CySEC);
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany;
- Comisión Nacional del Mercado de Valores (CNMV), Spain
- Financial Supervisory Authority (FSA), United Kingdom
- ACP - L'Autorité de Contróle Prudentiel (ACP), France
Clients' money is available in separate accounts. And Investment Compensation Fund protects those accounts.
The JFX stipulations of trade are outstanding. It offers a choice that is secure and in need of attention implementation and very narrow spreads, especially for ECN accounts - the typical spread on EUR / USD varies between 0 and 0.4 pips. Nine large banks provide liquidity to this system, so investors always receive the best possible offers.
99.9% of orders placed using this broker are available at the required price, which means that slipping almost does not exist. Speaking of laws, there are many of them - both market and pending orders are available, as well as more exotic order types.
The platforms that you can find on this service are Metatrader 4 (MT4) and its corporate JFX Trader and JFX ProTrader. JFX also offers a very competitive rebate program, in which entrepreneurs earn money each time they make a transaction. JFX does not accept US merchants.
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