JAFX Broker Review Day Trade Bitcoin & Altcoins

in cryptocurrency •  8 months ago

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

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

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by cryptoaltcoin from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.