Brokers  /  JFM

JFM

Low risk
🇦🇺 Australia · 5-10 years · since 2017-12-20 · JFM Online Trading Broker
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Independent ratingshow third parties score this broker
WikiFX3.53/10
Trustpilot/5
Forex Peace Army/5
19
Low risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC
  • Withdrawal complaints in ~100% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameJFM Online Trading Broker
Headquarters🇦🇺 Australia
Founded2017-12-20
Years operating5-10 years
Employees0
Official websitejfm-fx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICInst Forex Execution (STP)314585AustraliaRegulated

Review analysis AI

Across 1 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
Australia1

Real user reviews

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About JFM

JFM is a forex and CFD broker based in Australia, with records dating to 2017-12-20. It reports oversight from ASIC.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Overview compiled by FXCanary from regulatory records and public data. full JFM review