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JAFX is a brokerage firm whose operations raise serious concerns. In 2018, the U.S. Commodity Futures Trading Commission (CFTC) accused JAFX of offering retail Forex trading services without the necessary registration and without providing clients with the mandatory risk disclosure. In 2020, the company agreed to pay a $600,000 fine. Additionally, JAFX is known for fake positive reviews online and has been accused of fraud related to their JAFX EA product. It is advisable to exercise extreme caution and thoroughly verify information before engaging with JAFX.
JAFX is a brokerage firm whose operations raise serious concerns. In 2018, the U.S. Commodity Futures Trading Commission (CFTC) accused JAFX of offering retail Forex trading services without the necessary registration and without providing clients with the mandatory risk disclosure. In 2020, the company agreed to pay a $600,000 fine. Additionally, JAFX is known for fake positive reviews online and has been accused of fraud related to their JAFX EA product. It is advisable to exercise extreme caution and thoroughly verify information before engaging with JAFX.
