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JFX-Overview Guide of This Broker

WikiFX | 2024-12-27 18:13

Abstract:In 2005, Across FX Co., Ltd. was established and registered as a financial futures trader in November and joined the Financial Futures Association, and in August 2007, started dealing in “Zero FX” and in September 2007, registered as a financial instruments business operator, and moved its headquarters from Minato-ku, Shiba to Akasaka.

JFXReview Summary
Founded2007
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsCurrencies
Demo Account✅
Leverage1:25
EUR/USD SpreadFixed from 0.3 pips
Trading PlatformMT4
Min Deposit0
Customer SupportTel: 0120-219-472, 03-5541-6410
Email: kujyo@jfx.co.jp
Address: 1-12-7 Shintomi, Chuo-ku, Tokyo 104-0041 Shintomi HJ Building 3F JFX Co., Ltd.

In 2005, Across FX Co., Ltd. was established and registered as a financial futures trader in November and joined the Financial Futures Association, and in August 2007, started dealing in “Zero FX” and in September 2007, registered as a financial instruments business operator, and moved its headquarters from Minato-ku, Shiba to Akasaka.

In 2008, the name of the company was changed to JFX Co, Ltd. In 2010, JFX started to handle foreign exchange margin trading “MATRIX TRADER,” and in May of the same year, JFX started to provide an iPhone version of the application.

2011, the number of digits displayed in the JFX exchange rate was increased, and in November of the same year, the immediate withdrawal service was started. In 2014, JFX started processing binary options trades, and in July of the same year, the iPhone version of the application became available.

JFX is currently regulated by the Financial Services Agency of Japan (FSA).

JFX's homepage

Pros and Cons

Pros Cons
Regulated by FSALimited variety of assets traded
Support demo accountsConservative leverage
Tight spreadsNo live chat support
Support MT4
No minimum deposit
No fees for deposits and withdrawals

Is JFX Legit?

Yes. JFX is regulated by Financial Services Agency (FSA).

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
Financial Services Agency (FSA)RegulatedJFX株式会社Retail Forex License関東財務局長(金商)第238号
Regulated by FSA

What Can I Trade on JFX?

FX offers investors access to the most popular currency pairs in the foreign exchange market, such as EURJPY, EURAUD, USDCAD, EURGBP, and more. Besides, information on other trading assets is not known at this time.

Tradable Instruments Supported
Currencies✔
Commodities❌
Indices❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Leverage

The maximum leverage available at JFX is up to 1:25 according to the Japanese Laws. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Currency PairsSpread (AM 9:00~AM 3:00)Spread (AM 3:00~AM 9:00)
USD/JPY0.2 sen3.8 sen
GBP/AUD1.1 pips17.9 pips
GBP/JPY0.9 sen9.9 sen
MXN/JPY0.2 sen
NZD/USD1.0 pips
AUD/JPY0.5 sen5.8 sen
ZAR/JPY0.5 senJPY2.00
CNH/JPY0.8 sen
EUR/USD0.3 pips
EUR/JPY0.4 sen5.9 sen
GBP/USD0.6 pips9.8pips
AUD/USD0.4 pips
EUR/AUD1.1 pips10.9 pips
NZD/JPY0.8 sen7.9 sen
TRY/JPY1.5 sen6.0 sen
Spread

Trading Platform

JFX offers traders the most popular MT4 trading platform on the market. MT4 trading platform is the gold standard in the forex trading industry with powerful charting tools, as well as a large number of technical indicators, support for automated trading, and EA's. Additionally, there is the MATRIX TRADER trading platform available for traders to use.

Trading PlatformSupported Available Devices Suitable for
MT4✔/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

It supports real-time withdrawal services, and there are no fees.

It supports financial institutions such as Rakuten Bank, Sumishin SBI Net Bank, Japan Post Bank, Ion Bank, Lawson Bank, Sumitomo Mitsui Banking Corporation (SMBC), Mitsubishi UFJ Bank, PayPay Bank, U Bank, Mizuho Bank, GMOC Bank, Saitama Resona Bank, Seibu Norimono Bank and about 380 other financial institutions.

Deposit and Withdrawal

Related broker

Regulated
JFX
Company name:JFX Corporation
Score
6.87
Website:https://www.jfx.co.jp/
15-20 years | Regulated in Japan | Market Making License (MM) | White label MT4
Score
6.87

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