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

Is JustForex a scam or legit broker?

No, it is not safe to trade with JustForex. JustForex is owned by JF Global Limited, which is an offshore company licensed in St. Vincent and the Grenadine.

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, Monfex and more. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

According to the website, “JustForex has reached the trust of over millions of clients from 197 countries. Our company is one of the top popular world brokers.” The broker claims to be regulated by the Financial Services Authority of St. Vincent and the Grenadine. However, this license is not enough to be able to operate in “197 countries”. 

Moreover, JustForex has been banned in Spain by its locel regulator CNMV:

“JUSTFOREX is not authorised to provide the investment services , which include investment advice, or to provide the auxiliary services in relation to the financial instruments, including, for those purposes, foreign currency transactions.”

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

 

No news available.

2 responses to “JustForex”

  1. I have been trading on JustForex for 10 years and until last year there was no problem. There’s no way to withdraw money faster than here. But something has changed for clients from Europy.I have never lost money and trade here you can trade here with lower amounts – just in case ,Peter

  2. Yesterday was trading on justforex what i have noticed is all my trades they were opened above price line they went straight losing i tried sending emails no response even now they quiete or they think i dont know anything

Leave a Reply

Your email address will not be published.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

* code