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/10

AIR FX

Saint Lucia Saint Lucia | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://airfx.co/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

United States United States 2.58
Surpassed 14.60% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://airfx.co/
Leevie Herelle & Associates, Top Floor, Compton Building, William Peter Boulevard, P.O. Box CP6462, Castries, St. Lucia

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
AIR J FX, LTD
Email
info@airfx.co
Company Website
Address
Leevie Herelle & Associates, Top Floor, Compton Building, William Peter Boulevard, P.O. Box CP6462, Castries, St. Lucia
Account Info
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • airfx.co
    198.71.233.110
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

AIR JFX Review Summary in 10 Points
Founded N/A
Registered Country/Region China
Regulation No license
Market Instruments Cryptos, indices, forex crosses and stocks
Demo Account N/A
Leverage N/A
EUR/USD Spread From 0.01 pips
Trading Platforms MT5
Minimum deposit N/A
Customer Support Phone, email

What is AIR JFX?

AIR JFX is an online trading broker that provides access to a range of financial markets, including forex, stocks, indices, and cryptocurrencies. The company offers the MetaTrader 5 platform and two account types with different spreads and commissions. However, it is an unregulated broker and lacks transparency in some aspects.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

AIR JFX's home page

Pros & Cons

AIR JFX offers some advantages such as a wide range of trading assets, low spreads, and the use of the popular MetaTrader 5 platform.

However, it also has some disadvantages such as lack of regulation, unclear deposit and withdrawal fees, and limited information on trading conditions such as leverage. Additionally, the customer support appears to be lacking, with reports of slow response times and unhelpful service. Therefore, it is important for potential traders to carefully consider these factors before opening an account with AIR JFX.

Pros Cons
• Wide range of trading assets • Lack of transparency and information on website
• MetaTrader 5 platform for trading • No information available on minimum deposit
• Competitive spreads and commissions • Leverage information not disclosed

AIR JFX Alternative Brokers

    There are many alternative brokers to AIR JFX depending on the specific needs and preferences of the trader. Some popular options include:

    • Markets.com - offers a user-friendly trading platform and a wide range of trading instruments, but their fees are relatively high.

    • NAGA - provides a social trading platform with a variety of trading instruments, but their customer support could be improved.

    • PaxForex - offers low trading fees and a variety of account types, but they are not regulated by any major financial authority.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is AIR JFX Safe or Scam?

The fact that AIR JFX is a newly-established unregulated broker and that its website lacks transparency. It is important to note that as an unregulated broker, AIR JFX may not adhere to industry standards and regulations for trading conditions, which could put traders at risk. Furthermore, the lack of important information on their website raises concerns about transparency and credibility. It is always important for traders to conduct thorough research and exercise caution when considering using a new or unregulated broker.

Market Instruments

AIR JFX provides access to various classes of trading assets from cryptos and indices like US30 to all forex crosses and stocks. This provides traders with a diversified portfolio to choose from, ensuring that they can spread their risk and take advantage of opportunities in different markets. Cryptocurrency traders will appreciate the inclusion of popular coins like Bitcoin, Ethereum, and Tether, while forex traders can access a wide range of major, minor, and exotic currency pairs.

Market Instruments

Accounts

AIR JFX provides two types of trading accounts, Raw Spread Account and No Commission Account. Both account types provide access to all currency pairs. However, the minimum deposit requirement is not disclosed on the website, which may be a concern for some traders who need to know the exact amount required to open an account.

Account Types

Leverage

As there is no information available on AIR JFX's website regarding leverage, it is difficult to provide specific details about the broker's leverage offerings. Leverage is a tool used in trading that allows investors to open larger positions than their account balance would otherwise allow. However, it also increases the potential for losses, as gains and losses are magnified. Therefore, it is important for traders to use leverage responsibly and for brokers to provide transparent information on their leverage offerings. Without this information, it is difficult to assess the risk involved in trading with AIR JFX.

Spreads & Commissions

AIR JFX offers two different types of accounts. Each account has different spreads and commissions, with the Raw Spread Account offering raw spreads starting at 0.01 pips and a flat-rate commission, while the No Commission Account offers low spreads starting at 1.5 pips and zero commission.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission per Lot
AIR JFX 0.01 pips Flat-rate
Markets.com 0.6 pips $0
NAGA 0.6 pips $0
PaxForex 0.3 pips $0

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

AIR JFX provides the multi-asset MetaTrader5 platform. The MT5 is indeed a popular trading platform that provides traders with various tools for trading operations, including technical and fundamental analysis, a flexible trading system, and a professional development environment for MQL5. The platform also offers a multi-currency tester and alerts for traders to stay updated on market movements. It is a widely-used platform in the industry, and its availability at AIR JFX could be a positive aspect for traders who prefer using this platform.

MT5

See the trading platform comparison table below:

Broker Trading Platform
AIR JFX MetaTrader 5
Markets.com MetaTrader 4, WebTrader
NAGA NAGA Web, NAGA Trader
PaxForex MetaTrader 4, MetaTrader 5

Note: Some brokers may offer additional trading platforms. The above table only lists some of their main trading platforms.

Deposits & Withdrawals

Withdrawal requests are processed by the Back office department of the Company on a first-come, first served basis. The processing time is within the next business day. However, this company also says it reserves the right to increase the processing time; in such case, the company shall notify the client within 1 to 2 business days via any contact method specified by the client in their registration details.

AIR JFX minimum deposit vs other brokers

AIR JFX Most other
Minimum Deposit N/A $100

See the deposit & withdrawal fee comparison table below:

Broker Deposit Fee Withdrawal Fee
AIR JFX N/A N/A
Markets.com None None
NAGA Vary on the method Vary on the method
PaxForex None Vary on the method

Customer Service

    This AIR JFX can be reached through the following contact channels:

    • Telephone: 18872475393

    • Email: info@airfx.co

Unfortunately, AIR JFX doesnt provide online chat support.

Or you can also follow this broker on Facebook, Twitter, and Instagram.

Customer Service
Pros Cons
• Email and phone support • No 24/7 customer support
• Social media presence for customer support • No live chat support
• No FAQ section on website
• New and untested customer support team

Note: These pros and cons are subjective and may vary depending on the individual's experience with AIR JFX's customer service.

Conclusion

Based on the information available, AIR JFX is a newly-established unregulated broker with a lack of transparency in important areas such as trading conditions and deposit/withdrawal options. While the broker offers access to various trading assets and two types of trading accounts, there is no information available on leverage, which is a significant concern for potential clients. The broker also lacks clarity in its deposits and withdrawals, which could cause inconvenience for clients. However, the broker does provide access to the MetaTrader 5 trading platform and offers low spreads on its No Commission Account, which could be a positive for traders. Overall, due to the lack of regulation and transparency in key areas, potential clients should exercise caution and thoroughly research the broker before opening an account.

Frequently Asked Questions (FAQs)

Q 1: Is AIR JFX regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does AIR JFX offer the industry-standard MT4 & MT5?
A 2: Yes. It supports MT5.
Q 3: Is AIR JFX a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

WikiFX Review: Something You Need to Know About AIR JFX?

Exposure WikiFX Review: Something You Need to Know About AIR JFX?

AIR JFX is a newly established broker offering a series of financial instruments. This article is about some specifics of this broker.

Wiki Q&A

Can AIR FX be trusted by traders?

AIR FX (operating as AIR J FX, LTD) is a high-risk entity, as evidenced by its overall WikiFX score of 1.46 and its complete lack of credible, authoritative financial regulation. It operates without the mandatory licenses required for consumer protection, deposit insurance, and dispute resolution that legitimate, regulated brokers provide. Given these fundamental deficiencies, traders face a severe risk warning regarding this broker.

04-02
United States

Is AIR FX regulated?

No, AIR FX does not hold any valid regulatory licenses from major global authorities. The company is listed as having 'No Regulation' and is not authorized to provide financial services by recognized bodies such as the FCA, ASIC, or CySEC. It operates as an unregulated entity, which removes standard investor safeguards like segregated client funds and access to formal compensation schemes.

04-02
United States

Where is AIR FX registered?

AIR FX is registered as AIR J FX, LTD, with its listed company registration based in Saint Lucia. The broker has been operational for an estimated 2-5 years from this jurisdiction.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
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