JAFX
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Overall
JAFX has been known for fake reviews on the internet, what ever good reviews you see on the internet, don't believe it guys.
It is from his marketing team, JAFX also has scammed and fraud many people in the last with his JAFX EA.
You can find more details about it in the Forex peace army thread :
https://www.forexpeacearmy.com/community/threads/jafx-com-scammed-me-fraud.51793/#post-292893
Do not go with this broker, THEY ARE SCAMMERS!
Overall
honest broker with ecn account and very low spread, also have fast withdraw in less than 2 hours tested 2 times
Overall
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...
Overall
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.
