Dachfin Review Is Dachfin.com A Scam Forex Broker

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Forex Brokers Lab






Commissions and fees

Customer Service

Platform & Tools

Product Portfolio

  • Rich cryptos options
  • Unregulated broker
  • Payment methods are limited
  • Account types are limited

Regulators : No

Minimum Deposit: $10

Maximum Leverage: 1:500

Spreads: Medium

My Score: 5.2

JAFX is a forex broker we have heard often in recent times. Particularly in the period when crypto money has risen, especially bitcoin, it has gained a great advantage. Because unlike many forex brokers, JAFX broker offers advanced services for cryptocurrencies trading. Even so many forex brokers currently offering cryptocurrencies trading were not offering this service. But in such an atmosphere, the multitude of cryptocurrencies offered by JAFX brought itself ahead.

Under normal circumstances, investors traded in crypto money exchanges such as Binance, Poloniex. However, there is no gain from falling prices by entering a sell order here. In addition, investors were not able to take advantage of leverage. Later brokers that provided services to meet this demand of investors had a significant advantage. Traders were able to trade both bitcoin with leverage and also profit from falling bitcoin prices. This review is like a bitcoin forex broker review also.

One of the brokers who can follow these developments and evaluate them well is JAFX forex broker. At present JAFX’s official website, jafx.com, has about 500 thousand monthly visits. I can say that it is a good number for a broker established in 2020. I think this is a success among brokers like JAFX. We will see in this JAFX review 2020 how JAFX made this. You cannot find this detailed informations from other JAFX reviews.

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Is JAFX scam or legit? Is JAFX a good broker? Which cryptocurrencies does JAFX offer for trading? What are the trading conditions such as minimum deposit, maximum leverage and JAFX spreads? Is it an advantage to open an account and trade with JAFX? In this JAFX broker review, you will find the answer to all these questions.


Is JAFX a regulated broker? Can we say JAFX scam? The biggest problem with JAFX is regulation because it is one of the unregulated brokers. It means there is no JAFX regulation. They are clearly indicated on the official website in the FAQ section. They also state that the process of obtaining licenses is a very long process and that they are in the process of approval.

Trading with an unregulated broker is a very risky situation. However, some investors are taking this risk because of the advantages offered by brokers. When the broker is unregulated it naturally has to offer more competitive offers.

Remember that there is no legal authority to complain when you open an account with unregulated brokers and you encounter a problem when trading. At the same time, the company does not have a membership of compensation scheme to guarantee clients’ funds in the event of a bankruptcy. Investors trading in FCA and CySEC-regulated brokers have such an advantage.

On the forex forums, it is possible to find both positive and negative comments about JAFX. I did the funding for about $ 500. After about 40 days, I wanted to withdraw the profit I got. I was able to withdraw my money within 2 days without any problems. However, I would recommend that you have not risk too much and review the comments in the forums by history.

Account Types & Spreads Offered by JAFX

The account type offered by JAFX is only standard account type. Account types such as Cent account, ECN account are not available. Many forex brokers are trying to offer the appropriate account type for each investor type. In this way, these brokers offer several different types of accounts. However, I can say that I find JAFX unsuccessful in this criterion.

Account Type Minimum Deposit Maximum Leverage Spreads
Standard $250 1:500 0.6 pips + $4 per lot, round turn

Despite all of this, we see that the standard account features offered are successful and competitive. If we look at this type of account in terms of spreads, 0.6 pips on EURUSD. Besides this, 4 dollars commission charge per lot as round turn. The maximum leverage is 1: 500 and the minimum deposit is $ 10. JAFX minimum deposit limit is lower than the average of the forex industry which is $ 100. If you want to see a list of reputable brokers with low minimum deposit, click the button below. Micro lots are available so you have 0.01 minimum trade size.

There is also a swap-free account option called Islamic account for Muslim investors who do not want to earn or pay interest due to religious reasons.

The biggest reason why JAFX is so preferred by traders is the variety of cryptocurrencies offered for trading. JAFX offers 16 cryptos such as bitcoin, ethereum, litecoin, dash, ripple and more than 30 crypto-pairs. All popular cryptos available for trading.

Trading Platforms

As many of other brokers, JAFX also offers MT4 platform. The platform is the most popular platform for many years. You can trade as desktop, web and mobile on JAFX MT4. The platform has many functions, offers MAM (Multi Account Manager) and has a wide range of technical analysis.

Customer Services

Besides all these, the negative feature is the quality of the customer service. They have a really bad customer service and they do not want to answer when you ask a question. For example; I asked a simple question and customer representative could answer me with one word. But instead of responding, he told me that he could open a ticket and direct me to the relevant department. But what I want is just a simple answer. This process is very slow when I try to communicate via live chat. Because there are not enough employees.

Deposit & Withdrawal Methods of JAFX

Methods Fees on Deposit Processsing Time on Deposit Fees on Withdrawal Processsing Time on Withdrawal
Credit/Debit Card No fees Instant No fees Between 24-48 business hours
redit/Debit Card via vLOAD 3.5% Instant No fees Between 24-48 business hours
Wire Transfer No fees Up to 7 days $25 Between 24-48 business hours
Bitcoin 0% + 0.0005 BTC Network Fee Dependent upon blockchain No fees Between 24-48 business hours
Skrill 3.9% + 35ct Instant 1% Between 24-48 business hours

Let’s look JAFX withdrawal review. JAFX deposit / withdrwal methods are very limited. The fastest method you can use the credit card. JAFX bitcoin deposit / withdrawal method is avaliable. However, you can use only Skrill from the popular e-wallet systems. It is a disadvantage to does not have PayPal. Clients have some JAFX withdrwal issues when I search on the internet. If you also have you can write comment section below.

When I look the FAQ about JAFX fees, the broker charges an inactivity fee of $10 for clients with a non-zero balance which have not traded in the past 30 days.


JAFX is an unregulated broker. The forex broker focuses on cryptos. The trading conditions are lower when we compare the other brokers who regulated. Be careful if you want to trade with this broker.

Exante Review


Malta Broker, founded in March 2020, offers trading with more than 20 currency pairs, precious metals, options, shares, stocks and ETFs.


Broker Exante
Website URL www.exante.eu
Founded 2020
Headquarters Portomaso Business Tower, Level 7, St. Julians, PTM01, Malta
Support Number +356 2020 0555
Minimum 1st Deposit $10 000
Leverage 1:50
Spread from 0.3 points
Free Demo Account
Regulation MFSA (IS/52182)
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 9.5/10

Full Review

The broker has a license of 2nd category issued by the Maltese Financial services Authority (MFSA), which qualifies it as a Fund Manager. Fund managers have the right to provide various investment services and keep clients’ money and their assets. MFSA is the sole regulator of financial services in Malta; the organization also manages the register of companies and is responsible for their listing.

Exante: Special Aspects

In order to open an account with Exante, Traders should invest at least $10,000. This minimum initial amount is high enough for the Forex market. Other European Brokers require less; for example, FCA-regulated Broker requires $50 from their clients as Start Deposit, and the Cyprus FXTM – only $5.

Exante: Spreads & Fees

The single account provides tight variable spreads, with an average of 0.3 pips on EUR/USD, but also includes a Fee of 0.5 pips per trade. So, basically, the average trading costs of ECN account holders is about 1.3 pips for EUR/USD pair (fee is included), which is the average figure for Forex market. For comparison, the Cypriot FXCM Broker costs $2 per lot and offers average spreads of 0.5 pips on EUR/USD on its ECN accounts (available from $500 of Start Deposit).

Exante: Maximum Leverage

The maximum leverage offered by Exante is set at 1:50, which is considered low; however this Broker is clearly aimed at large investors with capital who do not need high leverage levels.
If you are looking for a popular MetaTrader 4 (MT4) you will not find it in Exante. Instead, the Broker has developed its multi-functional automated trading platform. It provides fast, stable and reliable work with Apps using its FIX tools.

You can trade indices, commodities, currencies and even Bitcoin directly in the browser: there is an application for PC (Windows, MacOS or Linux) and mobile App for Android and IOS devices.

The platform offers Click-Trade module, where you can instantly place a bet or place an order at a market price. Real-time Market Depth option is also available.

Exante also provides API integration and support, as well as multi-product portfolio management from a single trading account.

Exante: a Scam?

Exante is a professional Broker that is regulated by immense organizations and fulfils its obligations to clients in terms of service provision and compliance with all trade and business rules. The reliability of this Broker can be well traced by a fairly long time period and number of Traders chose Exante as their Broker for trading. Advanced security technologies and high quality services are appreciated by great number of users.

If we find complaints about Exante, we will post it on social media. Follow us to be well informed:

Exante: Deposit & Withdrawal Methods

Unlike most brokers, Exante does not offer a variety of deposit/ withdrawal methods. Broker provides only Bank transfers.

Exante: Regulator

As a serious investment company regulated by the EU, Exante is also subject to MiFID directives. In order to comply precisely with the requirements of the Directives, Exante is provided with all necessary documentation, procedures and regulations. Exante supports the execution of requirements of the Directives, providing a wide range of services that contribute to implementing the Directive requirements by partners and, consequently, reducing costs.
The office of Malta financial regulation and supervision fully controls the compliance of the Malta investment firms with the Directive requirements.


Exante is an authoritative Malta Broker that focuses primarily on institutional clients and Traders working with large volumes, and on trading from its own platform which also provides connectivity to a variety of stock exchanges. To summarize, here are the advantages and disadvantages of this Broker: a very professional company, with excellent responses and reputation. Among the disadvantages are the limited options for deposit and withdrawal operations and the inability to use the popular trading tools. Overall, Exante Broker meets the strong requirements of highly specialized clients and can definitely be recommended for use, but only for specific purposes.

Honest FBS Forex Broker Review 2020

Table of Contents

Review: Regulation: Spreads: Forex Pairs:
(4.5 / 5) IFSC, CySEC Starting – 1.0 Pips 50+

You are looking for experiences with Forex Online Broker FBS Markets Inc.? – Then you are exactly right on this page. As traders with more than 7 years of experience in the financial markets, we have examined the provider and share in the following texts and summaries my experience and the results of the test report. Is it really worth to invest your money with FBS? – Find it out in my trusted broker review.

The official homepage of FBS Forex Broker

What is FBS? – Forex Broker presented

FBS Markets is an Online Forex Trading Broker and for Contracts for Difference (CFDs), founded in 2009. Since 2009, the company has grown significantly and can boast over 2.5 million active merchants in 2020. The broker is internationally active and also possesses the necessary licenses through the IFSC and CySec (Europe).

International clients are accepted by this company. In addition, the FBS got international branches with customer support in more than 20 languages. The biggest customer base is in Asia. FBS is very well-known through live events and charity for poor people. The broker is specialized for Forex Trading, which you can see on the broker’s homepage. FBS tries to give its clients the best conditions for trading currencies. With this broker, you can start trading by any amount of money because the minimum deposit is only 1$.

Facts about the company:

  • Founded in 2009
  • International broker
  • Specialized on Forex Trading
  • More than 2.5 million traders and active partners
  • Charity and sponsor program
  • Interesting bonus programs
  • Main customer base is in Asia

(Risk warning: Your capital is at risk)

Regulation and safety of customer funds

When it comes to trade with real money an official regulation of a broker is very important. There are some scam brokers which act without a real regulation to do fraud on the customer’s money. To avoid these practices always look after the regulation of the broker before you start investing real money.

FBS is regulated by the IFSC in Belize and the CySEC in Europe (Cyprus). The registration number of Belize regulation is 119717 and the license is IFSC/60/230/TS/18. This is an official regulation where the companies headquarters is. You can check it by yourself. The broker only gets this regulation by acting as a serious Forex Broker. In addition, FBS uses only regulated payment methods for the customer’s transactions. This is also a very important point. In conclusion, it seems to me that FBS is a reliable broker for online trading. It is a regulated company so fraud cannot happen in our opinion.


  • Regulated by the IFSC in Belize
  • Regulated by the CySEC in Cyprus (Europe)
  • Only regulated payment methods

Broker awards of FBS

What are the conditions for trades at FBS Forex Broker?

We looked closely at the conditions for traders. At first glance, the provider makes a very good impression on us because he offers many different account models. You can, therefore, adjust your account to the deposit capital and the trading style. The minimum deposit is only 1$ and you have the chance to get a free bonus for your capital.

The spreads depend on the account type and start at -1.0 pips. An account with low spreads usually incurs one commission per lot traded. Overall, you are always cheaper with a commission account in the markets. Again, there is a plus for me. You can try the platform with a free demo account. There are 3 types of different platforms of the broker which we will review later.

FBS Markets specializes in Forex Trading. This is also noticeable in the selection of tradable assets. There are many currency pairs available, but the choice of CFDs is rather low. As we recognized the broker tries to increase his offer of tradeable markets. American Stocks are added to the portfolio in the past.

Facts of the conditions:

  • Trade Forex, Stocks, and Commodities
  • Different account types for any trading style
  • 3 different platforms for any device
  • Start with only 1$ deposit
  • Low spreads
  • Bonus Program

The best conditions for traders

High leverage and negative balance protection for FBS Traders

In the FBS platform traders can choose different leverage for their accounts. It is possible to get huge leverage of maximum 1:3000. In our opionion, it is not useful to use such high leverage but some strategies require it. Sometimes high leverage is very risky, especially if you trade the market news. Some traders fear a negative balance.

FBS offers negative balance protection for its clients. If you make a huge loss you will get stopped out before your balance will be negative. In conclusion, you can trade very safety with FBS even with the high leverage of 1:3000.

(Risk warning: Your capital is at risk)

Review of the FBS Trading Platform

Which trading platforms are offered by FBS? – The broker offers the classic and popular trading platform Metatrader in version 4/5 and also a Web Trader. The MetaTrader software has been widely known among private traders for many years. It belongs, so to speak, to every successful dealer in the equipment.

With the MetaTrader, you can try out and adopt different strategies. The software offers almost unlimited options. It is available for the smartphone, tablet, browser, and desktop.

Even we have gained good experience with the MetaTrader. Almost every big broker offers this software. After a short introductory phase, it is easy to use. FBS helps its clients with video tutorials and coaching to understand how to trade successfully. In the following section, we will show you some facts about the platform.

The MetaTrader is available for any device

Professional charting and analysis

The MetaTrader offers a huge range of tools for a professional analysis. Choose between different chart types and develop a successful strategy. You can use free indicators on the platform. It is very easy to configure them. In addition, it is possible to download extern tools and integrate them into the software.

For technical analyses, there are drawing tools to analyze the chart. Furthermore, FBS offers everyday new analysis and trading ideas to its clients. Each tool is personally customizable for any strategy. Another big advantage of the software is automatic trading. It is possible to create an automatic system that is running 24/7. The MetaTrader supports VPS Server for a little amount of money per month. In conclusion, MetaTrader offers all that you need for successful trading.

Facts about the platform:

  • Available for any device
  • Free indicators
  • A huge range of technical tools
  • Automatic trading possible
  • Customizable and user-friendly
  • Mobile Trading

How to open your account with FBS

To open an account with FBS is very easy and uncomplicated. The broker only needs some information about your identity to start trading. You can open your real trading account in less than 60 seconds. Start with your email address and a safety keyword.

Open your real account

Free and unlimited Demo Account

We recommend for beginners who want to try this broker to open a demo account. This is an account with virtual money. You can trade without risk. It is like trading with real money. The demo account is the best way to practice and develop a strategy for beginners. Also, advanced traders can try new markets or methods with it. FBS offers a free and unlimited demo account.

Which account type should I choose with FBS?

FBS offers different account types for forex trading. Each account is for a special purpose. The broker tries to give a trader the best conditions for his capital. There is the opportunity to trade with 1$ or less risk in each trade with the cent account. If you deposit more than 1$ you can get better conditions and lower spreads. In the following section, we will explain the different account models of FBS.

This table will present you the different facts about the account types:

Standard Cent Micro Zero Spread ECN
Minimum Deposit: 100$ 1$ 5$ 500$ 1000$
Spread: 0.5 Pip 1 Pip Fixed 3 Pip Fixed 0 Pip – 1 Pip
Leverage: Max. 1:3000 Max. 1:1000 Max. 1:3000 Max. 1:3000 Max. 1:500
This account is for: Normal traders with average deposit of 100$ Mini account for traders with small deposits Traders who want to have a fix spread Lower fees but higher deposit required The best conditions for large traders

As you see above in the table FBS offers a different account for different deposit amounts. You can say that if you deposit more money with FBS you get better conditions and lower spreads. On the other hand, it is a huge advantage that they offer accounts for traders with a very small deposit. The contracts are special in the cent account and you can trade with less risk.

(Risk warning: Your capital is at risk)

Review of the deposit and withdrawal with FBS Broker

The deposit and withdrawal of money are as easy as the registration with FBS. The broker offers different payment methods to do your transactions. You can use bank cards or electronic wallets. First of all, we recommend verifying your full identity with FBS before you deposit and start trading with real money. In the dashboard, you will see the instructions. It is very important because the broker only withdraws to verified accounts.

These methods are available for deposit and withdrawal:

  • Credit Cards
  • Neteller
  • Skrill
  • Sticpay
  • Perfect Money
  • Bitwallet
  • Local Exchangers and Bank Wire
  • CashU
  • 2Pay4You

Use different methods for your payments

How long does it take to deposit and withdrawal?

Deposits through electronic methods are working instant. The money is credited directly to your account. The withdrawal can take the maximum time of 48 hours. From my experience withdrawals are made very quickly and in less than 48 hours.

Are there any fees?

FBS does not charge any fees for a deposit on their platform except the payment method “sticpay” with 2,5% + $0,3 commission. For withdrawals, there are some commissions which you have to pay. You can see the commissions direct in your account dashboard. The fee always depends on your payment method.

What can you expect from the FBS Forex Broker Bonus program?

FBS offers a huge bonus program for free. You can activate the bonus in your account dashboard. This is a great advantage compared to other Forex Brokers. Trades can get additional money for their accounts to trade with higher risk. I have to mention that the bonus depends always on certain conditions.

Before you activate the bonus you should read the conditions. Some traders say that the bonus program is a scam because they do not read the bonus conditions. FBS markets show the conditions very transparent in the dashboard so you can decide if you take the bonus or not. Sometimes it is necessary to open a separate bonus account.

FBS offers a good bonus program

At the moment these bonuses are available:

  • Trade 100 Bonus (get 100$ for free if you trade and make a profit)
  • Cashback (the broker pays back some commissions to you)
  • 100% bonus on deposit (get additional money)


As mentioned before the conditions are transparently communicated between the broker and the trader. For example, if you get a deposit bonus you have to make a turnover of trading volume on FBS before you can withdraw the money.

Contest and awards for traders

Another big plus for FBS is the free contests and awards for traders. The Forex Broker offers different contests that have been updated each week. For example, there is a chance to win a car or an iPhone X. Personally I like the free demo account contest to win money without risk your own money. The prize fund is like 1000$ or more and the 5 first places winning a certain amount of it.

Free demo contest

Support and service for traders

The last point of this FBS review is the support and service for traders. FBS offers phone, email, and chat support for each client. The support is in multi-languages and available 24/7 a week. In addition, every trader gets personal support through an account manager who can help you by frequently asked questions.

Also, we had a closer look at the service for traders. FBS is very present in the Asian region. There are events and coachings for new traders. Furthermore, the best traders win prizes and get a big bonus. Webinars and coachings are available on the platform for beginners or advanced traders. In conclusion, FBS is one of the brokers with the best and personal service for its clients.

Facts about the support:

  • Support 24/7
  • Phone, Email, and Chat
  • Local FBS events
  • Webinars and coachings
  • Personal account managers

Countries – FBS accept international trader

FBS is a well known international company. They accept international trader with a few exceptions. The support is available in more than 20 different languages. The most traders are from Africa, Indonesia, Malaysia, India, and the Philippines.

These countries are not allowed:

Japan, USA, Canada, UK, Iran

Conclusion of the review: Is FBS a scam Forex Broker or not?

FBS Markets is in our experience and tests a serious company. The broker has international and European licenses, which is why fraud is ruled out. In summary, we can recommend the provider, as he offers to trade in the forex market very cheap. The broker scores points with numerous account types and bonus offers.

The trading platform Metatrader is also professional and available in version 4 and 5. In addition, the support replies very fast in different languages. One of the biggest advantages is that traders can start on a contest to win money or other prizes. Traders without a deposit get the chance to earn money. In conclusion, the service is very good and special with this broker.

The advantages of FBS:

  • Regulated in Belize and in Europe
  • Accept international traders
  • Different account types for your deposit
  • High leverage of up to 1:3000
  • Low spreads and commission
  • Specialized on Forex Trading and CFD Trading
  • Bonus program, contests, and events
  • Reliable support and service

If you are looking for a good and cheap forex broker, then you are right with this provider. (4.5 / 5)

Черный список брокеров

Брокеры с повышенным уровнем риска

В таблице ниже приведен список брокеров, которые, как мы не без оснований полагаем, могут иметь высокую склонность к риску и подвергать риску ваши активы. В этот список попадают брокеры, которые получили большое количество негативных отзывов от пользователей, систематически не производят оплату и/или не выполняют другие финансовые обязательства, не отвечают на запросы в разумные сроки и т. д. Если вы хотите пожаловаться на любого из этих брокеров или других лиц, не включенных в список, используйте форму «Свяжитесь с нами».

Брокер Контактное лицо Эл.почта / Skype Веб-сайт
FXGTrade (https://fxgtrade.com/)
Daniel [email protected]
Partners [email protected]
Ilya [email protected]


В приведенной ниже таблице содержится черный список брокеров, которые связывались с пользователями Investing.com и выдавали себя за наших сотрудников или партнеров, не имея при этом никакого отношения к Investing.com. Если вы хотите сообщить о нарушениях со стороны указанных или других брокеров, воспользуйтесь формой обращения в нашу службу технической поддержки.

Будьте бдительны. Приведенные ниже рекомендации помогут избежать мошенничества:

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    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo

    Good choice for experienced traders!

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