JCMFX Journal (Broker out of business)

Journal status: closed
JCMFX out of business
JCMFX Profile
Website
jcmfx.com
Year
2014
Country
SVG
Branches
2
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
...
Publicly traded
no
Restricted countries
Not serving
х Cuba, Iran, Iraq, Myanmar, North Korea, Sudan, Syria, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
...
LPs total
3
LPs quality
Tier-1 Banks
LPs names
Bank of America, HSBC, Reuters Spot Matching

JCMFX Accounts
MM
Minimum Deposit
10 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.2 pips
Commission
0 $/lotRT
Volume
50 lots
Margin Call
...
Stop Out
...
Execution
Instant
Spread
fixed
Scalping
no
Update broker

Is JCMFX safe?

  • Investor protection: ...
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: yes

Is JCMFX trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • JCMFX website: semi-detailed, updated ★★★
  • JCMFX popularity (by visitor count): low visits ★★

How JCMFX works

13. Trading

The time limit for closing a trade is minimum 10 minutes because it is difficult to cover a trade position in the market that open and close within two minutes. The company will have the discretion to cancel off the profits that profit from the trade position that open and close within 10 minutes.

Placing pending orders prior to the release of financial news is not permitted, such orders may be rejected, deleted or filled at the best available market prices at that time.

http://jcmfx.com/terms.php

Fills on Stop – Loss and Limit Orders

At JCMFX we understand the importance of stop-loss and limit orders in risk management, this is why we guarantee fills on both such orders up to 50 lots at the best available market price.

http://jcmfx.com/execution-policy.php



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