JFM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-04-18 14:21

Abstract：JFM, a forex broker that has claimed to have been operating for an extended period, around 20 years, has become elusive and virtually untraceable on the internet. Despite being registered in Australia, the firm's online presence appears to have vanished, leaving prospective and existing clients with little to no information about the company's current status, operations, or regulatory standing.

What is JFM？

　　JFM, a forex broker that has claimed to have been operating for an extended period, around 20 years, has become elusive and virtually untraceable on the internet. Despite being registered in Australia, the firm's online presence appears to have vanished, leaving prospective and existing clients with little to no information about the company's current status, operations, or regulatory standing.

Regulation: Legal Operation

　　JFM is regulated by the Australia Securities & Investment Commission (ASIC) with Institution Forex License (STP) under license no. 314585. This means this brokerage operates in a legal scope, which could add an extra layer of security for this broker.

Official Website: Inaccessible

　　JFM's official website at https://en.jfm-fx.com/ is currently non-functional. When attempting to access this URL, the page fails to load properly. Nothing can be found on its official website.

Conclusion

　　JFM, a regulated forex broker, has unexpectedly ceased its business operations due to undisclosed reasons. While the firm was previously registered and licensed, it should be an ideal choice for investors who want to involve trading activities. More transparent and reputable forex providers should be considered before considering JFM as a trading partner.