Global Broker Regulation Inquiry App
WikiFX
Offshore Regulated
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/10
JMI
Vanuatu
|
5-10 years
|
Regulated in Vanuatu
|
Retail Forex License
|
MT4 Full License
|
Global Business
|
Medium potential risk
|
Offshore Regulated
https://jmibrokers.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
JMIBrokers-Demo
France
4
Influence
C
Influence index NO.1
Germany 2.87MT4/5 Identification
MT4/5 Identification
Full License
4
Server Name
JMIBrokers-Demo MT4
Server Location France
FranceInfluence
Influence
C
Influence index NO.1
Germany 2.87Surpassed 52.30% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+678 24404
backoffice@jmibrokers.com
https://jmibrokers.com/
1276, Govant Building, Kumul Highway, Port Vila Republic of Vanuatu
Licenses
Licensed Entity：JMI Brokers LTD
License No. 15010
VPS Standard
No restriction on the broker account
Single Core
1G
40G
1M*ADSL
WikiFX Risk Alerts
2025-10-30
- The Vanuatu VFSC regulation with license number: 15010 is an offshore regulation. Please be aware of the risk!
Basic Information
Registered Region Vanuatu
VanuatuOperating Period
5-10 years
Company Name
JMI Brokers LTD
Abbreviation
JMI
Company employee
--
Customer Service Email Address
support@jmibrokers.com
Contact Number
+67824404
Company Website
Company Address
1276, Govant Building, Kumul Highway, Port Vila Republic of Vanuatu
Facebook
Keywords 7
5-10 years
Regulated in Vanuatu
Retail Forex License
MT4 Full License
Global Business
Medium potential risk
Offshore Regulated
5
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT4
2
MT4 Servers
0
MT5 Servers
182.33
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
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jmibrokers.com
95.172.30.42
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--
Most visited countries/areas
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Domain Effective Date
--
Website
--
Company
--
Company Summary
| JMI Review Summary | |
| Founded | 1994 |
| Registered Country/Region | Vanuatu |
| Regulation | VFSC |
| Market Instruments | Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, Funds |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.1 pips |
| Trading Platform | JMI Mobile APP, Web Trader, Meta Trader 4 |
| Social/Copy Trading | ✅ |
| Minimum Deposit | $100 |
| Customer Support | Live Chat, Contact Form |
| Tel: +678 24404 | |
| Email: support@jmibrokers.com | |
| Address: 1276, Govant Building, Kumul Highway, PortVila Republic of Vanuatu Govant Building,P.0. Box 1276, Port Vila | |
JMI Information
JMI is a Vanuatu-based broker founded in 1994, regulated by VFSC. It offers a diverse range of market instruments, for instance: Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, and Funds.
Pros and Cons
| Pros | Cons |
| Regulated by VFSC | Unclear fee structure |
| Various trading assets | Limited info on deposit and withdrawal |
| Social/copy trading available | |
| Demo accounts available | |
| Live chat support | |
| MT4 provided | |
| Various account types |
Is JMI Legit?
JMI is regulated by Vanuatu Financial Services Commission (VFSC), under JMI Brokers LTD, with license number 15010.
| Regulatory Status | Regulated by | Licensed Institution | License Type | License Number |
| Regulated | Vanuatu Financial Services Commission (VFSC) | JMI Brokers LTD | Retail Forex License | 15010 |
What Can I Trade on JMI?
| Tradable Instruments | Supported |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| ETFs | ✔ |
| Stocks | ✔ |
| Funds | ✔ |
| Options | ❌ |
| Futures | ❌ |
| Bonds | ❌ |
Account Type & Fees
JMI offers four types of live trading accounts: Fixed Spread, Variable Spread, Scalping, and Bonus, each designed for different levels of trader experience and investment size. The broker also provides a demo account for practice.
| Account Type | Minimum Deposit | Leverage | Spread |
| Fixed Spread | USD 100 | Up to 1:500 | From 1 pip |
| Variable Spread | USD 500 | Up to 1:200 | From 0.1 pips |
| Scalping | USD 1,000 | Up to 1:100 | From 1.7 pips |
| Bonus | USD 100 | Up to 1:500 | From 2 pips |
Leverage
JMI offers leverage up to 1:500, depending on the instrument and account type. Leverage allows traders to control larger positions with smaller capital, amplifying both potential profits and losses.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| JMI Mobile App | ✔ | iOS, Android | / |
| Web Trader | ✔ | Web | / |
| MT4 | ✔ | iOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
Keywords
- 5-10 years
- Regulated in Vanuatu
- Retail Forex License
- MT4 Full License
- Global Business
- Medium potential risk
- Offshore Regulated
Wiki Q&A
Davis Wu 
1-2 years
What are the pros of JMI?
JMI’s regulated status by VFSC is a plus, and I appreciate the wide variety of tradable assets like stocks, forex, cryptocurrencies, indices, commodities, ETFs, and funds. The availability of demo accounts for practice and social/copy trading are also nice features for me. These give me the chance to try trading without risking real money, and the social trading feature can help me follow successful traders.
Broker Issues
Regulation
07-18
United States
Jezreel2
1-2 years
What trading instruments are available on JMI?
JMI offers a wide variety of trading instruments, including stocks, forex, cryptocurrencies, indices, commodities, ETFs, and funds. I like the diversity in asset classes, as it allows me to trade in multiple markets and diversify my portfolio. However, I noticed that JMI doesn’t offer options, futures, or bonds, which could be a limitation for some traders.
Broker Issues
Instruments
Platform
Leverage
Account
06-18
United States
PitBull
1-2 years
Do they offer a demo account?
Yes, JMI offers a demo account, which I think is an excellent feature. It allows me to practice trading without risking real money. As someone who is always looking to improve my skills, I find demo accounts to be a great way to test strategies before going live with real funds.
Broker Issues
Platform
Instruments
Leverage
Account
06-15
United States
qirhost
1-2 years
What is the maximum leverage with JMI?
JMI offers leverage up to 1:500, depending on the account type and the instrument being traded. Personally, I find leverage of up to 1:500 to be quite high, and while it can amplify profits, it also increases risk. I always make sure to use leverage carefully and manage my risk accordingly when trading with high leverage.
Broker Issues
Account
Leverage
Instruments
Platform
05-14
United States
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Jefferson Beauregard
Cyprus
JMI Brokers raises concerns with its offshore regulatory status, limited educational resources, and a lack of transparency on customer support and stock trading commissions. Access issues to the official website add to the uncertainties. Caution is advised before considering this platform.
Neutral
2023-12-07
Christophera
Colombia
I've been checking out JMI Brokers, and they've got a bunch of financial instruments and different account types with some pretty competitive spreads. The fact that they use MetaTrader 4 is cool and all, making the trading experience better. But I gotta say, I'm a bit skeptical because they're offshore regulated. Also, there's not much in the way of educational resources, and I couldn't find detailed info on customer support and stock trading commissions. Makes me a little uneasy, you know?
Neutral
2023-12-06
FX1048570284
Ecuador
After looking at this company, I searched wikifx and found out that it has high transaction costs and does not provide services in Spanish. My English is fine, but I prefer to operate in my native language.
Neutral
2022-11-27
FX1042716768
Tunisia
$100 minimum deposit to open an account is OK. Wide range of instruments and flexible leverage are both good. However, 2 pips for EUR/USD pair is too high, and popular payments are not supportable.
Neutral
2022-11-24
FX1029188010
Thailand
I tested a demo account on this platform several days ago, trading conditions looks good. Their customer service team is also enthusiastic and professional. I am ready to invest a small amount here to see if it performs good. I will come to tell you the result later.
Positive
2022-11-23