Headquartered in Kingstown, Saint Vincent and the Grenadines, JCMFX is an online trading broker that gives traders the opportunity to trade several financial assets, including forex, stocks, indices, energies, precious metals, and more, using the highly advanced MetaTrader 5 trading platform.
JCMFX Review, Pros & Cons
- Advanced MetaTrader 5 trading platform
- Multiple financial instruments
- Various account deposit & withdrawal options
- Located offshore
- No standalone trading tools
- No MetaTrader 4 platforms
- Not the lowest spreads
- No USA clients
In this detailed JCMFX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
JCMFX is an online financial services provider that has been in operation since 2017, providing traders with the intuitive MetaTrader 5 platform for trading a wide variety of financial markets. Traders benefit from a few educational resources, while a 24/5 client support team is on hand to assist them.
JCMFX is a trading name of Joint Capital Management Limited, which is registered by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines with the Central America Global Business license number, 23313/IBC.
Joint Capital Management Ltd does not provide services for citizens of certain regions, such as The United States, North Korea, Iran, Myanmar, Iraq, Cuba, Sudan, and Syria.
Some JCMFX features and products mentioned within this JCMFX review may not be available to traders from certain countries because of legal restrictions.
JCMFX provides traders with the advanced MetaTrader 5 trading platform. The platform has an intuitive interface and is packed with a range of useful features, such as advanced charts and multiple timeframes, to ensure a hitch-free trading experience. It also supports automated trading using expert advisors. The broker provides the MetaTrader 5 trading platform as a desktop application for Windows and Mac computers, a Web version that can run directly on most modern web browsers, and a mobile trading app that is developed for Android and iOS devices and can be freely downloaded from the respective app stores.
JCMFX Trading Tools
There are no standalone trading tools on the broker’s website at the moment. However, the provided MT5 trading platform should have more than enough implemented trading tools to satisfy even the most advanced traders.
There is a limited selection of educational resources on the broker’s website at the moment. There is only an FAQ section that is designed to readily give answers to some of the most common questions that clients have.
The broker offers the following trading products: forex, stocks, indices, energies, precious metals, and more
JCMFX Accounts & Fees
JCMFX offers a live trading account as well as a demo account for those who would like to learn how to trade online.
As broker fees can vary and change, there may be additional fees that are not listed in this JCMFX review. It is imperative to ensure that you check and understand all of the latest information before you open a JCMFX broker account for online trading.
The broker’s client support team is on hand 24/5 to respond to clients’ inquiries via telephone, email, Live Chat, and an online contact form.
JCMFX Deposit & Withdrawal
The broker accepts the following payment methods for account deposits and withdrawals:
- Bank wire transfer
- Credit/Debit cards, including Visa and MasterCard
- Online payment processors, such as Neteller and Skrill.
JCMFX Account Opening
It is simple and quick to open an account; just click on the ‘Open Real Account’ button and fill in the application form. Upon completion, you will receive an email with your login details.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
JCMFX is an online financial services provider that caters to the individual trading needs of its clients by providing them with a wide variety of financial instruments across different asset classes through the MT5 trading platform whilst offering negative balance protection, competitive spreads, flexible leverage, and 24/5 support.
Forex, Commodities, Options, and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose.