Forex Brokers

JRFX (Imposter)

1.5 (13 reviews)
🇳🇿 New Zealand
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About JRFX (Imposter)

JRFX (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Transfer to another broker refused

J
Jessica W.
2 months ago

Where do I even begin with JRFX (Imposter)? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Copy trading available|Detailed reporting|Excellent charting

Cons: Limited social trading features|No live chat on mobile

Proceed with extreme caution

L
Laura J.
3 months ago

After seeing ads for JRFX (Imposter) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Not registered with regulators|Unrealistic promises

Beware of hidden costs

D
Diana J.
3 months ago

Opened my account with JRFX (Imposter) after comparing multiple platforms and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: API access|Quick verification|Comprehensive tools

Cons: Spreads widen during volatile periods|Some tools only available on higher tiers

I expected bad but this was worse

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Adrian R.
5 months ago

After for close to eighteen months with JRFX (Imposter), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Instant funding|Good analytical tools|Intuitive for beginners|Clean UI

Cons: Wait times can be long during peak hours|Website design could be more modern

Wish I had read reviews first

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Heather K.
6 months ago

After using JRFX (Imposter) since mid-2025, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Full transparency|Dedicated account manager|Two-factor authentication|Good analytical tools

Cons: Some tools only available on higher tiers|Minimum deposit could be lower

An insult to paying customers

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Marcus I.
6 months ago

The mobile app from JRFX (Imposter) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: High security standards|Market news feed

Cons: Desktop app not available on Linux|Live chat only during business hours

They bet against their clients

M
Maria T.
6 months ago

I referred a friend to JRFX (Imposter) after hearing about them at a conference. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Clear documentation|Easy withdrawals|Market news feed|Detailed reporting

Cons: Alert system is basic

Disgraceful treatment of customers

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Andrew S.
8 months ago

Do not use JRFX (Imposter) for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Excellent charting|High security standards|Smooth onboarding

Cons: Spreads widen during volatile periods

Do your due diligence first

M
Maria E.
9 months ago

I looked into JRFX (Imposter) and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Flagged by international regulators|Due diligence required

Total fraud - reported to authorities

D
David M.
9 months ago

Tried to withdraw my funds from JRFX (Imposter) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Cons: Lost entire investment|Reported to authorities|Unresponsive