JMI Brokers-Some Important Points about This Broker

WikiFX | 2026-04-20 22:07

Abstract：　　JMI is a Vanuatu-based broker founded in 1994, regulated by VFSC. It offers a diverse range of market instruments, for instance: Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, and Funds.

JMI Review Summary
Founded	1994
Registered Country/Region	Vanuatu
Regulation	VFSC
Market Instruments	Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, Funds
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.1 pips
Trading Platform	JMI Mobile APP, Web Trader, Meta Trader 4
Social/Copy Trading	✅
Minimum Deposit	$100
Customer Support	Live Chat, Contact Form
	Tel: +678 24404
	Email: support@jmibrokers.com
	Address: 1276, Govant Building, Kumul Highway, PortVila Republic of Vanuatu Govant Building,P.0. Box 1276, Port Vila

JMI Information

JMI is a Vanuatu-based broker founded in 1994, regulated by VFSC. It offers a diverse range of market instruments, for instance: Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, and Funds.

Pros and Cons

Pros	Cons
Regulated by VFSC	Unclear fee structure
Various trading assets	Limited info on deposit and withdrawal
Social/copy trading available
Demo accounts available
Live chat support
MT4 provided
Various account types

Is JMI Legit?

JMI is regulated by Vanuatu Financial Services Commission (VFSC), under JMI Brokers LTD, with license number 15010.

Regulatory Status	Regulated by	Licensed Institution	License Type	License Number
Regulated	Vanuatu Financial Services Commission (VFSC)	JMI Brokers LTD	Retail Forex License	15010

What Can I Trade on JMI?

Tradable Instruments	Supported
Cryptocurrencies	✔
Indices	✔
Forex	✔
Commodities	✔
ETFs	✔
Stocks	✔
Funds	✔
Options	❌
Futures	❌
Bonds	❌

Account Type & Fees

JMI offers four types of live trading accounts: Fixed Spread, Variable Spread, Scalping, and Bonus, each designed for different levels of trader experience and investment size. The broker also provides a demo account for practice.

Account Type	Minimum Deposit	Leverage	Spread
Fixed Spread	USD 100	Up to 1:500	From 1 pip
Variable Spread	USD 500	Up to 1:200	From 0.1 pips
Scalping	USD 1,000	Up to 1:100	From 1.7 pips
Bonus	USD 100	Up to 1:500	From 2 pips

Leverage

JMI offers leverage up to 1:500, depending on the instrument and account type. Leverage allows traders to control larger positions with smaller capital, amplifying both potential profits and losses.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
JMI Mobile App	✔	iOS, Android	/
Web Trader	✔	Web	/
MT4	✔	iOS, Android	Beginners
MT5	❌	/	Experienced traders