JAFX Review – Deposit, Withdrawals, Scam or Good?
There are many excellent brokers on the Internet and this can make it very difficult to find the right one for your individualistic needs. Many people have experimented with JAFX and a lot of traders believe that the broker is the best in the business. It certainly offers plenty of excellent features and the minimums are incredibly low. Nevertheless, it is in your best interest to better familiarize yourself with this broker and its services before signing up. Read the comprehensive review below, so you can determine whether or not JAFX is right for you!
It is generally a good idea to gain a better understanding of JAFX and its parent company. You should know that the website and company are owned and operated by JAFX Limited. All payment services are handed by JAFX EOOD. The payment solutions for the broker are based out of Bulgaria. The company has been in business since 2013. Also, the company is a fully ENC Forex broker.
This combination definitely helps to put the user’s mind at ease. Nevertheless, you should learn more about this broker, before giving them your money and business.
One of the best things about JAFX is the company’s assets. A lot of Forex brokers are very limited in terms of asset options and this is where JAFX really hits it out of the park. Traders that begin utilizing this broker will be able to choose from a variety of investment options. In total, they’ll be able to choose between 47 currencies. On top of that, they’ll be able to make trades in 107 stocks. Even better is the fact that the minimum trade size is just 0.01 Lot. The company offers access to some of the most popular stocks, including Walt Disney, Cisco Systems, Comcast, Baidu, and even Citigroup.
You’ll also be able to use this broker to trade in commodities and CFDs. Commodities available include copper, natural gas, oil and more. With JAFX, the possibilities are plentiful.
Another thing to remember is that the JAFX broker utilizes the MT4 trading platform. MetaTrader 4 is very popular and it is used by a lot of Forex brokers. The software, which was developed by MetaQuotes Software, was released in 2005. Since then, the software has improved substantially. Another great thing about JAFX is that you can use this broker with your mobile device. Clients have access to the broker’s trade tools through an iOS and Android mobile trading app.
If you’ve experimented with Forex trading in the past, there is a good chance that you’re experienced the MT4 platform. So, you should have little to no trouble figuring it out and utilizing it right away.
JAFX also provides users with access to an auto-trading system. Wouldn’t you like to put your money to work for you all day every day? There is no doubt that you would. JAFX’s auto trading system is available 24 hours a day from Monday to Friday. This system will go ahead and place your trades for you automatically. This ensures that you’ll be able to sit back and relax, while the software takes care of the rest.
If you’re confident that the system will work better than you, it is highly recommended that you check it out. Of course, a lot of traders would rather remain in complete control of their trading decisions.
Managing And Opening Your Account With JAFX
Since JAFX is dedicated to making their client’s experiences as easy as possible, the entire registration process in simple and straightforward. To begin, all you need to do is head on over to their website and enter in a little bit of personal information. Once your account is setup and you are logged in, you will have to upload some verification documents before you can start making trades. These documents are used to verify that you are who you say you are. After all, customer security and privacy is of the utmost importance at JAFX, so they want to ensure that they are really dealing with you and not someone pretending to be you.
Photo identification like a passport or driver’s license will be required to open your account. However, if you do not have access to these types of documents, a banking statement or utility bill will work as well. After your account is verified, you will be required to make a small initial investment before you can start trading.
Did you make a profitable withdrawal with JAFX? Let me know below in the comments..