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JAFX Broker Review Day Trade Bitcoin & Altcoins

  • Writer: CryptoCurrencyAltcoins
    CryptoCurrencyAltcoins
  • Apr 2, 2018
  • 2 min read


Hello Everyone,


This video is a review of a fairly new broker in the cryptocurrency market. JAFX is actually a Forex broker which allows you to trade Bitcoin and other cryptocurrencies with FOREX rules. This means that they allow you to use Leverage, JAFX offers 1:500 meaning they allow you to borrow or control up to $500 for every $1 in your trading account so the 1 is the margin you need to have in your account to control 500 in the market (example). For those of you who are familiar with traditional FX markets you know the top leverage allowed in the USA is 1:50, JAFX is outside the USA so they can offer more leverage, which can act as a double-edged sword if you do not know how to work with leverage. #Craeful


JAFX also allows you to trade cryptocurrencies 24/7 7 days a week including holidays, which is turning the traditional day trading market upside down especially with the volatility in cryptos like Bitcoin and XRP (Ripple)


I have been using JAFX as a hedging tool against the cryptocurrency markets for about a month now and so far it has been a pleasant experience.


Pros: Crypto and other assets, Leverage, 24/7 Trading, Good customer support (so far), Online trading platform, MT4 Compatible


Cons: Fairly new, Not regulated yet, server issues due to customer volume at times,


If you would like to check out JAFX broker click the link below:


http://portal.jafx.com/Redirect?linkID=lciem20499



If you would like to buy bitcoin & or Ethereum on debit or credit click the link below and head over to coinmama today:


https://www.coinmama.com/?ref=rafaelsantos


Follow on Steemit.com:

https://steemit.com/@cryptoaltcoin


Visit: https//www.cryptocurrencyaltcoins.com


Become a free member and receive our "Cryptocurrency 101" eBook as our welcome present and stay up to date with Cryptocurrency news and updates.



Thank you,

Mr. Crypto AKA Satoshi Santos

 
 
 

2 Comments


CryptoCurrencyAltcoins
CryptoCurrencyAltcoins
Apr 19, 2018

@BitcoinMoneyCenter No problem, slowly but surely there will be more brokers moving in to the FX Cryptocurrency market. We will be first adopters and once the market matures, the big money moves in, tighter spreads etc.. We will be ahead of the curve, that is the plan. We are very attentive to brokers and other progress in the markets and will be posting as we go. Stay tuned #BlockChain

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Bitcoin Money Center
Bitcoin Money Center
Apr 19, 2018

This tool JAFX looks awesome. Excellent Post, thanks for sharing!

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