Score

1.38 /10
Danger

AIR FX

Saint Lucia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.99

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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40G

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Broker Information

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Company Name

AIR J FX, LTD

Company Abbreviation

AIR FX

Platform registered country and region

Saint Lucia

Company website

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

AIR FX · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

AIR JFX Review Summary in 10 Points
Founded N/A
Registered Country/Region China
Regulation No license
Market Instruments Cryptos, indices, forex crosses and stocks
Demo Account N/A
Leverage N/A
EUR/USD Spread From 0.01 pips
Trading Platforms MT5
Minimum deposit N/A
Customer Support Phone, email

What is AIR JFX?

AIR JFX is an online trading broker that provides access to a range of financial markets, including forex, stocks, indices, and cryptocurrencies. The company offers the MetaTrader 5 platform and two account types with different spreads and commissions. However, it is an unregulated broker and lacks transparency in some aspects.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

AIR JFX's home page

Pros & Cons

AIR JFX offers some advantages such as a wide range of trading assets, low spreads, and the use of the popular MetaTrader 5 platform.

However, it also has some disadvantages such as lack of regulation, unclear deposit and withdrawal fees, and limited information on trading conditions such as leverage. Additionally, the customer support appears to be lacking, with reports of slow response times and unhelpful service. Therefore, it is important for potential traders to carefully consider these factors before opening an account with AIR JFX.

Pros Cons
• Wide range of trading assets • Lack of transparency and information on website
• MetaTrader 5 platform for trading • No information available on minimum deposit
• Competitive spreads and commissions • Leverage information not disclosed

AIR JFX Alternative Brokers

    There are many alternative brokers to AIR JFX depending on the specific needs and preferences of the trader. Some popular options include:

    • Markets.com - offers a user-friendly trading platform and a wide range of trading instruments, but their fees are relatively high.

    • NAGA - provides a social trading platform with a variety of trading instruments, but their customer support could be improved.

    • PaxForex - offers low trading fees and a variety of account types, but they are not regulated by any major financial authority.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is AIR JFX Safe or Scam?

The fact that AIR JFX is a newly-established unregulated broker and that its website lacks transparency. It is important to note that as an unregulated broker, AIR JFX may not adhere to industry standards and regulations for trading conditions, which could put traders at risk. Furthermore, the lack of important information on their website raises concerns about transparency and credibility. It is always important for traders to conduct thorough research and exercise caution when considering using a new or unregulated broker.

Market Instruments

AIR JFX provides access to various classes of trading assets from cryptos and indices like US30 to all forex crosses and stocks. This provides traders with a diversified portfolio to choose from, ensuring that they can spread their risk and take advantage of opportunities in different markets. Cryptocurrency traders will appreciate the inclusion of popular coins like Bitcoin, Ethereum, and Tether, while forex traders can access a wide range of major, minor, and exotic currency pairs.

Market Instruments

Accounts

AIR JFX provides two types of trading accounts, Raw Spread Account and No Commission Account. Both account types provide access to all currency pairs. However, the minimum deposit requirement is not disclosed on the website, which may be a concern for some traders who need to know the exact amount required to open an account.

Account Types

Leverage

As there is no information available on AIR JFX's website regarding leverage, it is difficult to provide specific details about the broker's leverage offerings. Leverage is a tool used in trading that allows investors to open larger positions than their account balance would otherwise allow. However, it also increases the potential for losses, as gains and losses are magnified. Therefore, it is important for traders to use leverage responsibly and for brokers to provide transparent information on their leverage offerings. Without this information, it is difficult to assess the risk involved in trading with AIR JFX.

Spreads & Commissions

AIR JFX offers two different types of accounts. Each account has different spreads and commissions, with the Raw Spread Account offering raw spreads starting at 0.01 pips and a flat-rate commission, while the No Commission Account offers low spreads starting at 1.5 pips and zero commission.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission per Lot
AIR JFX 0.01 pips Flat-rate
Markets.com 0.6 pips $0
NAGA 0.6 pips $0
PaxForex 0.3 pips $0

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

AIR JFX provides the multi-asset MetaTrader5 platform. The MT5 is indeed a popular trading platform that provides traders with various tools for trading operations, including technical and fundamental analysis, a flexible trading system, and a professional development environment for MQL5. The platform also offers a multi-currency tester and alerts for traders to stay updated on market movements. It is a widely-used platform in the industry, and its availability at AIR JFX could be a positive aspect for traders who prefer using this platform.

MT5

See the trading platform comparison table below:

Broker Trading Platform
AIR JFX MetaTrader 5
Markets.com MetaTrader 4, WebTrader
NAGA NAGA Web, NAGA Trader
PaxForex MetaTrader 4, MetaTrader 5

Note: Some brokers may offer additional trading platforms. The above table only lists some of their main trading platforms.

Deposits & Withdrawals

Withdrawal requests are processed by the Back office department of the Company on a first-come, first served basis. The processing time is within the next business day. However, this company also says it reserves the right to increase the processing time; in such case, the company shall notify the client within 1 to 2 business days via any contact method specified by the client in their registration details.

AIR JFX minimum deposit vs other brokers

AIR JFX Most other
Minimum Deposit N/A $100

See the deposit & withdrawal fee comparison table below:

Broker Deposit Fee Withdrawal Fee
AIR JFX N/A N/A
Markets.com None None
NAGA Vary on the method Vary on the method
PaxForex None Vary on the method

Customer Service

    This AIR JFX can be reached through the following contact channels:

    • Telephone: 18872475393

    • Email: info@airfx.co

Unfortunately, AIR JFX doesnt provide online chat support.

Or you can also follow this broker on Facebook, Twitter, and Instagram.

Customer Service
Pros Cons
• Email and phone support • No 24/7 customer support
• Social media presence for customer support • No live chat support
• No FAQ section on website
• New and untested customer support team

Note: These pros and cons are subjective and may vary depending on the individual's experience with AIR JFX's customer service.

Conclusion

Based on the information available, AIR JFX is a newly-established unregulated broker with a lack of transparency in important areas such as trading conditions and deposit/withdrawal options. While the broker offers access to various trading assets and two types of trading accounts, there is no information available on leverage, which is a significant concern for potential clients. The broker also lacks clarity in its deposits and withdrawals, which could cause inconvenience for clients. However, the broker does provide access to the MetaTrader 5 trading platform and offers low spreads on its No Commission Account, which could be a positive for traders. Overall, due to the lack of regulation and transparency in key areas, potential clients should exercise caution and thoroughly research the broker before opening an account.

Frequently Asked Questions (FAQs)

Q 1: Is AIR JFX regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does AIR JFX offer the industry-standard MT4 & MT5?
A 2: Yes. It supports MT5.
Q 3: Is AIR JFX a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

News

ExposureWikiFX Review: Something You Need to Know About AIR JFX?

AIR JFX is a newly established broker offering a series of financial instruments. This article is about some specifics of this broker.

WikiFX
2022-12-24 08:00
WikiFX Review: Something You Need to Know About AIR JFX?

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Starige
more than one year
I've been trying to change my email address, and it's been a bit frustrating. I've made three phone calls, but my account is still locked. The security question generated by the system asks for my investment name, and I'm having trouble because I don't have a postal statement. The only way I can answer this question is by accessing my online account. Can we please resolve this issue promptly?
I've been trying to change my email address, and it's been a bit frustrating. I've made three phone calls, but my account is still locked. The security question generated by the system asks for my investment name, and I'm having trouble because I don't have a postal statement. The only way I can answer this question is by accessing my online account. Can we please resolve this issue promptly?
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2024-02-01 11:09
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泳成
more than one year
They usually process my withdrawal instantly, however, my last withdrawal is taking longer than usual, why the a sudden decline in the quality of withdrawal processing???
They usually process my withdrawal instantly, however, my last withdrawal is taking longer than usual, why the a sudden decline in the quality of withdrawal processing???
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2023-02-22 14:42
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