JAFX.com Review

2.512 · 42 REVIEWS
Updated: Dec 15, 2020 · Visit site  · Is this your company?

JAFX is a forex broker. JAFX offers the MetaTrader 4 forex trading top platform. JAFX.com offers over 65 forex currency pairs for your personal investment and trading options.

2018-07-31  The CFTC has filed a lawsuit against JAFX.  CLICK HERE to verify.
The FPA has become aware of an accusation that JAFX was paying money for reviews.  Evidence supporting that accusation has now been posted HERE.

The FPA warns that paying money for good reviews is unethical and is also illegal in many countries.

The FPA can no longer be certain that any positive reviews for JAFX were left based of how the company performs or were left based on the reviewers being offered $20 for a good review.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $10
Established: 2016
Address: The Financial Services Centre, Stoney Ground, Kingstown, VC0100, Saint Vincent And Grenadines
Contact: support@jafx.com, +44 20 8089 1402
Regional offices:
Prohibited countries:
Trading platforms: MT4, WebTrader
Web Trading: Yes
Mobile Trading: Yes
ECN: Yes
Currencies: (55+)
Cryptocurrencies: (30+) Bitcoin, Litecoin, Ethereum
CFD: (80+) Gold, Silver, Other Precious Metals, Stocks, Oil, Other Commodities
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
MAM: Yes
Deposit Methods: Bank Wire, Bitcoin, Instacoins
Withdrawal Methods: Bank Wire, Bitcoin, Instacoins

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JAFX.com profile provided by Official_JAFX, Jan 5, 2018

broker which allowed our clients to enjoy unparalleled levels of service in terms of liquidity, execution, trading conditions and customer service.


Your company video here? Contact ad sales

2.512 · 42 REVIEWS
Forex Peace Army

Let other traders know if this service is worth checking or should be avoided.

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Traders Reviews

O kent,
England, United Kingdom,
Nov 1, 2019,

Getting money out

Service use: Live

Length of use: 6-12 Months

Anyone else had problems with JAFX in getting money out. They insisted on butcoin but I had deposited in dollars. They are also unregulated so no third party to refer to.
California, USA,
Mar 22, 2019,
Registered user

Aside from method of transacting (bitcoin), it was an A-lister.

I love Jafx. It's my favorite broker. As US trader I don't have a lot of choice. I particularly enjoy trading indicies, and I recommend to any trader to try them out for a very good account boost on your 'slow days'. Anyways, back to Jafx. I had the account for 2 years and very happy with them. Unfortunately you can no longer withdraw/deposit without bitcoin, which has made life very incovenient. I had to learn about bitcoin, basically a very unsafe transaction (if between buying and transfer it crashes down to 0, you could lose all your money). This alone unfortunately made me switch, even though I had the higher wins of all time with this broker (due to the nature of indicies). I am going to miss JAFX :( Unless they bring other means of transacting (via money), I am very sad to say that I'm not coming back.
Chicago, USA,
Dec 24, 2018,
Registered user

Deposit and withdrawals

Fast deposit and withdrawals. Deposit took minutes and withdrawal took 45 mins. Please don’t listen to people and use this broker I highly recommend but only with crypto as I didn’t use their other service. Thank you jafx and susan for great service
Dec 10, 2018,

They'll steal your credit card info and go to town with it!

Greetings from the US!
Couple of months after having used two of my credit cards to fund my account on JAFX, I notice fraudulent charges on them for well over $200. Funy part is, funding my account with this broker was the sole purpose of those two cards, which leads me to believe they've sold off my information for a profit and now someone else was out there living life on my dime. Shame on this broker and it's owner(s)!
  1 trader has found this review helpful
Nov 29, 2018,

I have deposited and withdrawn successfully many times. The customer service is very good. Overall I'm impressed.
  1 trader has found this review helpful
john wiltshire,
canada, Canada,
Oct 21, 2018,

Worst Forex Broker Available

Same as everyone here, requested a withdraw - waited the 60 days, didnt receive the money, provided credit card statements and everything requested and they wont return the money, this company is criminal and your wasting your money by doing business with them.
Oct 12, 2018,
Registered user

Hi, I am writting this review because I have had a really bad experience with JAFX customer sevice. Since 2 weeks ago I've been wanting to withdrawal $1,300 from Btc since they said it was the fastest method. And that the company was changing banks, so I son't know what is going on with this broker, I just want my money. Also Btc arrives in less than 3 days and I haven't received them, when I call the phone number they have It just rings and rings and no answer, as well as the email address no answer just the automated message, and when I reach the chat they tell me they can't access my account. So how am I suppose to withdrawal if the poor customer service they are proving is not giving me an answer. What kind of broker is this? I wouldn't trust my money with this kind of brokers. I can Trade, but not withdrawal. Have someone had the same experience or similar? Please help.
Kulbhushan Tyagi,
Turks & Caicos, Turks and Caicos Islands,
Sep 15, 2018,

Absolutely the best!! Fastest withdrawals ever.,...

JAFX is one of the best brokers I have ever come across. We got two accounts there. There withdrawals are hands down THE FASTEST in the entire industry. You get your money in hours and not days. Brokerage rate is one of the best. Not sure what people are fussing about. I do recommend to use Electronic Wallets like Skrill for faster deposits/ withdrawals.

Support is top-notch. Execution speed at par with some of the best brokers. Go for them with your eyes closed.
Sep 11, 2018,
Registered user

After playing their games since 6/23 where they required my bank statements to prove to them that I didn't receive my money, they have credited my account. I am exactly where I was when I submitted my withdrawal based on already questionable tactics. They are a horrible company and will not make ANY effort to return my money! They now tell me to use other methods to make a withdrawal, so the games are simply starting over.

Portland Texas, USA,
Aug 17, 2018,
Registered user

Hello, Ive been using JAFX for a good 8 months now, but after seeing that they were being sued I decided to withdraw all my money so I did, They told me I needed to wait 60 days to receive the funds, my question to anyone using this broker is, has anyone actually recieved their funds even after the 60 days? thanks
Reply by Official_JAFX submitted Aug 31, 2018:
As per the FAQs on our website, it clearly states that withdrawals to credit/debit cards can take up to maximum of 60 days, as this is the maximum time it can take due to the processor times, which unfortunately is out of our control once the funds have been approved. Please note, that the majority of the time all of our clients receive their funds within 7 – 14 days by credit/debit card, however, there are rare cases whereby this takes longer. Once the funds have left us it is with the card processors.

If the funds have not been received by the maximum time frame, JAFX will then always arrange the credit via an alternative method immediately and then take it up with the card processor. Rest assured, your funds will always be returned.

Due to the times it can take with the card processors, we always recommend to our clients to use an alternative method such as Bitcoin, Skrill (if available) or Wire Transfer, when depositing, as these are proven to be faster methods, especially when it comes to withdrawals.

Please see our FAQs – Section 2.9, for further information.