JFX Ltd

JFX Ltd operates under the domain fx-123.com and is registered in China, with a founding date of 30 April 2019. The company description from public records also references a UK entity, JFX TRADING LIMITED, which is listed as in liquidation and may be unrelated. However, the primary entity under review is the Chinese-registered JFX Ltd.

Based on aggregated industry data, JFX Ltd does not hold any regulatory licenses from recognized financial authorities. This absence of regulation is a critical factor for any trader evaluating this broker. The limited public information available makes it difficult to assess the legitimacy or operational standards of the company.

Our review found that JFX Ltd is not regulated by any major financial authority, such as the FCA, CySEC, or ASIC. The lack of regulatory oversight means that traders do not have access to compensation schemes or dispute resolution mechanisms typically provided by regulated brokers.

Furthermore, the company's registration in China, a jurisdiction known for varying regulatory standards, adds an additional layer of uncertainty. Without a verifiable license, the broker operates outside the safeguards that protect retail clients. In FXCanary's assessment, this poses a significant risk for potential traders.

Due to the lack of independent public information, we cannot confirm the trading platforms, instruments, or account types offered by JFX Ltd. The broker's website, fx-123.com, was not accessible at the time of review, or we could not verify its contents.

It is possible that the broker offers retail FX/CFD trading, but without official documentation or a functional website, no definitive statement can be made. Traders should be aware that the absence of transparency is itself a red flag.

JFX Ltd is listed as a private limited company in China, but the exact business activities are unclear. The known facts include a description of a UK company with a similar name, JFX TRADING LIMITED, which is in liquidation and has a different registration date.

This discrepancy suggests that the broker may have attempted to associate itself with a defunct UK entity, which is a common tactic among questionable operators. We advise traders to treat any claims of UK registration with extreme skepticism.

There is no publicly available information on how JFX Ltd handles client funds. Regulated brokers typically segregate client money from company funds and participate in compensation schemes.

Without such protections, client deposits are at risk in the event of insolvency or fraud. The guarded FXCanary Scam Risk Score of 48/100 reflects this uncertainty.

In summary, JFX Ltd is a broker with no regulatory oversight and very limited public information. The connection to a liquidated UK company raises additional concerns.

We recommend that traders avoid engaging with this broker until it provides transparent licensing information and verifiable operational details. The high-risk profile is not suitable for retail traders seeking a safe trading environment.