Forex Brokers

JMI Brokers

JMI is an offshore foreign exchange and derivatives trading firm that provides retail clients

JMI is an offshore foreign exchange and derivatives trading firm that provides retail clients, institutional clients, IBs and white label clients an integrated approach to trading a variety of financial products. JMI Brokers is currently regulated by the Vanuatu Financial Services Commission (Regulation Number: 15010).

Security Analysis

Although JMI holds the offshore supervision of Vanuatu VFSC, investors should pay attention to the fact that most of the brokers that are regulated offshore, like those that are not regulated, cannot really protect the safety of investors' funds. Investors should give priority to those brokers that are regulated by the first-level supervision, such as the British FCA and the Australian ASIC.

Financial Instruments

JMI provides investors with a wide range of financial products, mainly including foreign exchange currency pairs, spot precious metals, precious metal futures (over-the-counter), currency futures, energy futures, and stock indices.

Account & Leverage

The JMI platform provides investors with three different types of accounts, namely micro account (minimum account opening amount is 100 US dollars), standard account (minimum account opening amount is 500 US dollars), and professional account (minimum account opening amount is 50 US dollars) ,000 USD). Leverage is up to 1:400 for Micro accounts, 1:200 for Standard accounts and 1:100 for professional accounts.

Spread & Fees

JMI offers EURUSD spreads of 2 pips, GBPUSD spreads of 3 pips, gold spreads of 0.5 pips and silver spreads of 0.05 pips.

Trading Platform

JMI provides traders with the most popular MT4 trading platform on the market, MT4 Windows version, Android version, iPhone version, and multi-terminal trading platform. MT4 is chosen by 80% of traders in the world. It has powerful charting tools, a large number of custom technical indicators, supports automatic trading through EA, allows traders to create their own trading strategies, and helps traders gain a favorable position in the financial market. .

Deposits

JMI supports traders to deposit and withdraw funds from their investment accounts through Bitcoin Wallet, EPay, Advcash, Perfect Money, and MoneyGram.

Summary

JMIThe main disadvantages are:

1. The spread is not competitive;

2 The opening amount of the professional account is too high;

3. The website is only available in two languages;

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