JFX Review 2025
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- ¥10,000
- MT4
- TradingView
- Matrix Trader
- JFSA
Our Evaluation of JFX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
JFX is a high-risk broker with the TU Overall Score of 1.93 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by JFX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
JFX has been operating in the Japanese market for over 16 years. Thanks to its favorable and competitive trading conditions, it has built a solid client base. While the broker does not offer innovative services or unique features, its core focus is currency pair trading, which is executed at a high, modern standard.
Brief Look at JFX
The Japanese broker JFX offers over 40 currency pairs, including major, minor, and exotic pairs. Traders can open a free demo account in addition to a live account. Spreads are floating and start from 0.2 pips; no trading commission is charged. Clients trade through the MT4, Matrix Trader, and TradingView platforms. Leverage of up to 1:25 is available. Deposits and withdrawals are only available via bank transfer. Technical support is available on weekdays from 08:00 to 20:00.
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- A three-month demo account is available, and the Standard account requires a relatively low initial deposit starting from ¥10,000.
- Low spreads on major currency pairs, with no trading commission.
- Fast order execution within one second with minimal slippage.
- Full transparency, with all strategies and methods permitted, including scalping, hedging, news trading, and algorithmic trading.
- Two popular support channels, including phone support, with highly competent specialists.
- High-quality market analysis and expert forecasts, including economic indicator reviews.
- Regulated by the Japan Financial Services Agency, with client funds held separately from the broker’s funds in Sumitomo Mitsui Banking Corporation.
- There are no other asset types besides currency pairs, such as stocks, indices, cryptocurrencies, ETFs, etc.
- A long and tedious registration process, as verification may take several days.
- The broker only accepts clients from Japan.
TU Expert Advice
Author, Financial Expert at Traders Union
JFX offers trading services primarily focused on Forex, providing access to over 40 currency pairs. Its clients can trade using MT4, TradingView, and Matrix Trader platforms. Account types include a demo option for practice and the Standard account with a minimum deposit of JPY 10,000. The broker provides competitive floating spreads from 0.2 pips with no trading fees, and leverage up to 1:25. Traders can employ various strategies like scalping and hedging, supported by efficient execution within one second. JFX is regulated by the Japan Financial Services Agency.
However, JFX is limited to Japanese clients and supports only currency pair trading, excluding assets like stocks or cryptocurrencies. New users may find the registration process cumbersome, potentially extended over several days due to verification procedures. Additionally, educational materials are minimal, which may necessitate external resources for beginners. Traders seeking diverse assets may consider alternatives. While JFX may suit Forex-focused traders valuing regulatory oversight and competitive spreads, it may not be suitable for those looking for broader asset diversity or extensive educational support.
JFX Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MT4, Matrix Trader, TradingView |
|---|---|
| 📊 Accounts: | Demo, Standard |
| 💰 Account currency: | JPY |
| 💵 Deposit / Withdrawal: | Bank transfer |
| 🚀 Minimum deposit: | ¥10,000 |
| ⚖️ Leverage: | Up to 1:25 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,6-1,2 pips |
| 🔧 Instruments: | Currency pairs |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Free demo account for 90 days, one live account, low entry threshold, mid-market spreads with no commissions, three trading platforms to choose from, and low leverage. |
| 🎁 Contests and bonuses: | No |
JFX has a reasonable minimum deposit requirement of ¥10,000, allowing traders to start with smaller volumes. Those seeking larger transactions should consider depositing more substantial capital. Leverage is available from 1:2 to 1:25. Remember that higher leverage magnifies both potential profits and losses. Client support is available via phone and email on weekdays, but not 24/7.
JFX Key Parameters Evaluation
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Trading Account Opening
Only traders from Japan can trade on this platform. The registration process is quite time-consuming. To sign up, follow these steps:
Visit the broker’s official website and click “Open an Account” on the homepage.
Fill in detailed personal information and submit the required verification documents.
After completing registration, you open an account, make a deposit, and download the appropriate version of the MT4, TradingView, or Matrix Trader trading platform. Once that’s done, you can start trading.
Regulation and safety
JFX has a safety score of 8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
JFX Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 JFSA |
Japan Financial Services Agency | Japan | No specific fund | Tier-1 |
JFX Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker JFX have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of JFX with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, JFX’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
JFX Standard spreads
| JFX | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,6 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,2 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,8 | 0,4 | 0,1 |
| GPB/USD max, pips | 1,5 | 1,4 | 0,5 |
Does JFX support RAW/ECN accounts?
As we discovered, JFX does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with JFX. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
JFX Non-Trading Fees
| JFX | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
JFX offers a single live account type, eliminating the need to choose between tiers. However, traders must select their preferred platform: MT4, TradingView, or Matrix Trader. All three are reliable, user-friendly, and feature-rich. The initial deposit depends on the trader's financial capacity and strategy. Beginners are advised not to exceed 1:5 leverage, while experienced traders can use the maximum of 1:25.
For beginners, it’s wise to first practice on a demo account. This allows them to familiarize themselves with the platform and refine their skills without financial risk.
JFX’s bonuses
Brokers use various methods to attract clients, including promotions. JFX has a dedicated section for these offers. Traders can receive cashback from 3,000 to 100,000 yen for depositing funds and trading. High-volume traders can also receive gourmet rewards, including JFX ramen form 1 to 32 servings, 300g of premium A5-grade Kyushu black wagyu beef slices, or a 200g A5-grade Kyushu black wagyu steak. Participation in these promotions requires an application.
Rebates from Traders Union
Is there a way to make trading with JFX even more profitable? Yes, and here’s what you need to do. Become a member of Traders Union by registering on the organization’s website. In your user account, find a special link and follow it to the JFX website. After completing registration and mandatory verification, open a live trading account there. The final crucial step is linking your accounts on both platforms. A detailed guide is available here. That’s it! Now, with every trade—regardless of its parameters or outcome—a portion of the spread paid to the broker will be automatically refunded. This feature is called a rebate. It’s free, remains active throughout your partnership, and significantly reduces trading costs, thereby increasing profit potential.
Deposit and withdrawal
JFX received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
JFX offers limited payment options and accessibility, which may impact its competitiveness.
- No deposit fee
- Minimum deposit below industry average
- Bank wire transfers available
- Low minimum withdrawal requirement
- BTC not available as a base account currency
- PayPal not supported
- Limited deposit and withdrawal flexibility, leading to higher costs
What are JFX deposit and withdrawal options?
JFX offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making JFX less competitive for those seeking diverse payment options.
JFX Deposit and Withdrawal Methods vs Competitors
| JFX | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are JFX base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. JFX supports the following base account currencies:
What are JFX's minimum deposit and withdrawal amounts?
The minimum deposit on JFX is $70, while the minimum withdrawal amount is $0. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact JFX’s support team.
Markets and tradable assets
JFX offers a limited selection of trading assets compared to the market average. The platform supports 41 assets in total, including 41 Forex pairs.
- 41 supported currency pairs
- Multiple markets
- Bonds not available
- Indices not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by JFX with its competitors, making it easier for you to find the perfect fit.
| JFX | Plus500 | Pepperstone | |
| Currency pairs | 41 | 60 | 90 |
| Total tradable assets | 41 | 2800 | 1200 |
| Stocks | No | Yes | Yes |
| Commodity futures | No | Yes | Yes |
| Crypto | No | Yes | Yes |
| Stock indices | No | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products JFX offers for beginner traders and investors who prefer not to engage in active trading.
| JFX | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
Effective communication with clients is crucial for a broker. Fast, professional support fosters client loyalty, while slow or unhelpful responses, especially concerning trading, deposits, or withdrawals, can lead to dissatisfaction and client attrition. Given the numerous alternative brokers, and many offering more responsive service, client support can be a decisive factor. JFX recognizes this and provides support via phone and email on weekdays from 08:00 to 20:00.
Advantages
- Two demanded communication channels
- Stable quality and efficiency of service during working hours
- Inquiries are handled, including those of unregistered clients
Disadvantages
- The service does not respond at weekends and at night
How to contact JFX Support:
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Phone;
-
Email.
Additionally, JFX maintains a presence on social media. Its specialists monitor comments on posts and videos and are always ready to assist.
Contacts
| Regulation | JFSA |
|---|---|
| Official site | https://www.jfx.co.jp/ |
| Contacts |
0120-219-472, 03-5541-6410
|
Education
The availability of educational programs makes the broker’s offering even more appealing to beginners. Even experienced traders might find it useful to learn something new or refresh their previous knowledge. JFX does not place significant emphasis on this area, but there is still some educational content available on the company’s website.
However, beginners will likely need to seek additional learning materials from external sources if they want to improve their theoretical knowledge.
Comparison of JFX with other Brokers
| JFX | Eightcap | XM Group | RoboForex | Octa | IC Markets | |
| Trading platform |
MT4, Matrix Trader, TradingView | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, OctaTrader | MT4, cTrader, MT5, TradingView |
| Min deposit | No | $100 | $5 | $10 | $25 | $200 |
| Leverage |
From 1:1 to 1:25 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:40 to 1:1000 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0.6 points | From 0 points |
| Level of margin call / stop out |
No | 80% / 50% | 100% / 50% | 60% / 40% | 25% / 15% | 100% / 50% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | No | No |
Detailed Review of JFX
JFX enjoys significant credibility among Japanese traders and receives high praise from professionals, due to its consistently high level of service. The broker utilizes cutting-edge technology and operates a modern trading infrastructure. Client funds are held in segregated accounts at Sumitomo Mitsui Banking Corporation and are insured. Security is further enhanced through KYC verification, authentication tokens, and SSL protocols. The company’s operations are monitored by the Japan Financial Services Agency, ensuring compliance and protecting traders' interests.
JFX by the numbers:
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The minimum deposit is ¥10,000.
-
Spreads start from 0.2 pips.
-
There are no trading and deposit/withdrawal fees.
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The maximum leverage is 1:25
-
Order execution speed is up to 1 second.
JFX is a client-oriented and comfortable broker
The platform exclusively offers currency pairs for trading. However, the variety of available pairs enables traders to execute their strategies and diversify risk by building a well-structured investment portfolio. Liquidity is consistently high. The trading platform supports MetaTrader 4 and TradingView, both of which are industry-leading platforms. Matrix Trader is an advanced solution for algorithmic trading.
JFX’s analytical services:
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Market Navigation by Yoshihiko Kobayashi. A comprehensive tool that includes morning and evening market fluctuation analysis, interim reports, an economic indicators table, and a curated news selection.
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Future prediction chart. Based on automated technical analysis of past price movements, this feature generates a graphical forecast that acts as a trading signal.
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Volatility table. Displays historical volatility data (in pips) for all available currency pairs, with multiple timeframes to provide a clearer market picture.
Advantages:
Low entry threshold. A free demo account is available, and a live account requires a deposit of only ¥10,000.
It has a wide range of currency pairs, leverage up to 1:25, and no restrictions on trading strategies.
Three top-tier trading platforms with extensive functionality and robust analytics.
JFX uses only floating spreads; there are no trading commissions, deposit fees, or withdrawal fees.
Full transparency, high client focus, and professional, responsive client support.
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