JRFX Journal

Journal status: live
JRFX joined in | not yet
JRFX Profile
Year
2011
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG, FCA UK, FSPR New Zealand, FSC BVI, DMCC UAE
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
STP, DMA, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
14 ms
LPs total
...
LPs quality
...
LPs names
...

JRFX Accounts
STP
ECN
Minimum Deposit
1 $
1 $
Leverage
500 : 1
200 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.7 pips
0 pips
Commission
0 $/lotRT
7 $/lotRT
Volume
20 lots
20 lots
Margin Call
50 %
50 %
Stop Out
...
...
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Tether
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is JRFX safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG, FCA UK, FSPR New Zealand, FSC BVI, DMCC UAE
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is JRFX trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • JRFX website: highly detailed, updated ★★★★★
  • JRFX popularity (by visitor count): low visits ★★

How JRFX works



5.1. The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders' execution, that is, all the Client's positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.

11.5. The Company at its sole discretion will specify the current market price.

5.17. In some circumstances, we may be unable, after using all reasonable efforts, to acquire, substitute, maintain, unwind or dispose of any underlying hedge position we consider necessary to hedge or protect our exposure to the market and other risks arising from an open Position. In such circumstances, we may, at our absolute discretion, close that open Position at the Contract Price.

5.9. In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse.

7.5. In case Stop Out leads to account balance becoming negative, this does not imply any debt payments order from the Client and can't be deemed as such. The Company will compensate the account balance to zero.



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