JCMFX.com Review

3.591 • 15 REVIEWS
Out of business
Updated: Apr 13, 2022
JCMFX is a forex broker. JCMFX offers the MT5 and MT5 Mobile forex trading top platform. JCMFX.com offers over 45 forex currency pairs, equity indices, cfds, gold and silver for your personal investment and trading options.

Website is down. Company seems to be out of business.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum to Open Live: $10
Established: 2014
Address: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent And Grenadines
Contact: support@jcmfx.com, +852 8191 5066
Regional offices:
Regulators: SVGFSA #23313/IBC
Prohibited countries:
Trading platforms: MT5
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (50+)
Cryptocurrencies:
CFD: (20+) Gold, Silver, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay
* Please check broker website for more information
3.591 • 15 REVIEWS

Recent User Reviews of JCMFX.com

K
Kvon
Leningrad region, Russian Federation,
May 30, 2019,
Guest

Broker JCMFX does not want to pay the earned profit to the trader!

I opened my trading account 10001234 with broker JCMFX on March 6, 2019. I made a deposit of 130 dollars. Last year I already traded with this broker on MT4. He had a rule: the order must be on the market for at least 2 minutes. On a new trading account, I met this condition. For a month of trading, I earned about 170 dollars. I ordered a withdrawal of money. Three days later, I see that the broker canceled a profit of $ 150, because according to its rules: the order must be on the market for at least 4 minutes. I did not receive any letter of changes in conditions. I slightly increased the deposit began to trade again.
I began to comply with this new rule: at least 4 minutes. For a month I earned a good profit of 730 dollars. On May 11, I ordered a new withdrawal = $ 300. The broker did not make a withdrawal for a long time. I began to write him letters. May 24, I receive a letter from the broker: the order must be on the market for at least 10 minutes. And the broker cancels my $ 400 profit. What does it mean??? As soon as I make a request for a withdrawal - the broker comes up with new rules.
I do not recommend this broker! Broker JCMFX does not want to pay the earned profit to the trader!
S
sergyus
Portugal,
Jul 16, 2018,
Registered user

SCAM! That broker canceled all my profits. Be careful. Here is this screen from my personal Cabinet: http://prntscr.com/k6xt6r. This from my profits: http://prntscr.com/k6xvmy. And the fact that got back my only Deposit without profit: http://grabilla.com/08710-b725c91b-1c6d-4575-9b7b-369dde089eaf.html. I want to make a complaint to the regulator (FSA) if it is really to make simple traders. FPA help me please.
B
BlackViper
Athens, Greece,
Sep 8, 2017,
Registered user

Decent broker!

Very good broker, with fast payments.
(it would be a five star review if they hadn't an issue in some fx pairs spread ''flash widening ''. Many times you see a buy value and you realize that you bought in a much bigger one in a blink of an eye without any news or something critical happening. If jcmfx fix this, I will give five stars!)
J
JOhn
malaysia, Malaysia,
Jul 10, 2017,
Guest

conclusion, not recommend for this broker house. scam traders money

jcmfx broker house is scam broker house, it scam most of traders money, change trader entry price, plug in news mt4 software, running by malaysia young 20++ owner, lot traders account lost lot due to backend admin do lot things to make sure traders lost money. call killer. is unregulated scam broker house.

Sep 28, 2016 - No Rating jcmfx is scam forex broker house, money maker broker, scam investor usd70k and use lot of plug in software scam trader and backend change trader entry price when not online . is malaysian asia broker house
F
Felicia
Hong Kong, Hong Kong,
Feb 24, 2017,
Guest

Fastest broker ever

All I can say is this broker is FAST! If you want a fast liquidity broker this is the broker you will want! Their support team is great too.
A
Adeline
Hong Kong, Hong Kong,
Feb 21, 2017,
Guest

My favourite broker!!

I stay with this broker for more than a year, I have no problem with their services. Very fast trade execution, easy deposit and withdrawals, friendly support team, I'm greatly appreciate their effort. Keep it up!
李大
Taiwan, China,
Jan 14, 2017,
Guest

Good support and more than 100 trading instruments! Trade for more than 6 months with this broker. Withdrawal is fast. 很好。很专业!
G
Gabriel lew
Malaysia,
Oct 21, 2016,
Registered user

Best broker in Malaysia . Spread and swap is low compare to others. I love their deposit and withdrawal because of their fast and efficiency support team. Their team are so supportive on our trade and problems. I promise you won't regret using jcmfx broker . Guarantee. Thank you JCMFX !
B
BenLiew
Sarawak, Malaysia,
Oct 21, 2016,
Registered user

I tried JCMFX for about a year. Very stable broker and efficient service. Highly recommended.
E
ezoforx
Kuala Lumpur, Malaysia,
Oct 6, 2016,
Registered user

This broker doesn't allow EA trading. This is clear sign they try to steal money from newbie traders. So that they can easily apply slippage, hidden spread or whatsoever. Their forex chart shows a lot of jumping spread from 3 point up to 50 points during low market volatility. This could probably plugins activities at work. STAY AWAY FROM THIS BROKER!!!!!