JAFX is a Forex and CFD broker operated by JAFX Ltd, The Financial Services Centre, Stoney Ground, Kingstown, St Vincent and The Grenadine.

About JAFX
🗺️ Registered inSt. Vincent and the Grenadines
🗺️ Type of LicenseOffshore License
🛡️ Is JAFX safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

Is JAFX a regulated forex broker or a scam?

no, JAFX broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as Capital TradeFX, JustForex and more. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

The website provides two contact phone numbers with UK and Australia’s country codes. Even if the firm has offices in those countries, it is not regulated by FCA in the UK or ASIC in Australia or any other regulatory agency.

Since the broker is unregulated and most probably located offshore, we would not recommend investing with JAFX. It is better to trade with the brokers regulated by the UK’s FCA or any other reputable regulator.

We advise all investors and traders to avoid JAFX and other brokers from St. Vincent and the Grenadines. Traders should trade with well-regulated brokers such as UK brokersor brokers in Australia and reliable brokers such as AvaTrade and XM.com.

You can also share your trading experience with JAFX by commenting on this review.

No news available.

Leave a Reply

Your email address will not be published. Required fields are marked *

* code