JTFX

JTFX is a broker operating under the domain jtfx.com. According to available records, the company was established in 2020 and is registered in China. The firm presents itself as a forex and CFD brokerage offering three account tiers: Ordinary, Gold, and Diamond. However, as of the time of this review, the official domain jtfx.com displays a domain-for-sale page rather than an active brokerage website, raising questions about the broker's current operational status.

JTFX lists its founding date as June 4, 2020, with a registered location in China. Records indicate no regulatory licenses from any financial authority. The company's own description suggests it has been active for a few years, but independent verification is limited due to the lack of a functioning website. The only contact methods provided are a phone number (4008428930) and an email address (cs@jtfx.ltd), both of which may or may not be active.

JTFX offers three account types: Ordinary, Gold, and Diamond. The Ordinary account requires a minimum deposit of $100, while the Gold and Diamond accounts require $5,000 and $20,000 respectively. All three accounts offer a maximum leverage of 500:1, which is considered high and risky. The broker claims to offer tight spreads, with the Diamond account featuring spreads as low as 0.9 pips. However, no specific instruments or trading platforms are listed in the known facts.

JTFX operates without any known regulatory oversight. The absence of a valid license from a reputable authority such as the FCA, CySEC, or ASIC means there is no external monitoring of client fund segregation, financial reporting, or dispute resolution. Traders considering this broker should be aware that they have no recourse to a compensation scheme or ombudsman in case of issues.

JTFX presents as a high-leverage forex broker, but the unavailability of its official website and lack of regulatory licensing create significant concerns. Potential clients should exercise extreme caution and seek verified information before engaging with this entity. Without a functioning website, it is unclear if the broker is still in operation.