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 |
A-合美男士·阿斌（提前预约）
Hong Kong
Complaint Target: JRFX (Member No. 084, AA, Hong Kong Gold and Silver Exchange) When trading spot gold with your member JRFX, I discovered discrepancies in execution results across different accounts using the same platform, market data, and stop-loss price: My account, opened on the official website and on the Hong Kong server, had its stop-loss at 4722 significantly slipped to 4711 before execution. My account, opened through an agent on the same platform and on the London server, had its stop-loss at 4722 executed normally. I suspect the platform is assigning different trading backends to different clients, deliberately amplifying slippage for retail investors by exploiting liquidity gaps, violating fair trading rules. I hereby request your organization to review the tick data and order execution logs of both accounts to protect investors' rights to fair trading. Attachments include: screenshots comparing execution results, market data charts, and order logs.
Exposure
T信念
Hong Kong
Inducing consumption, they offer a bonus upon entry, but do not allow withdrawals within two months.
Exposure
FX3571816308
Hong Kong
Used for several years, there is slippage, sometimes withdrawals are slow. This is a common issue with many platforms, but at least I always receive the funds, and customer service is relatively good. No major problems.
Neutral
Rymond Lus
Australia
Their proprietary app is great for checking in on the markets on the go. Handy little thing
Positive