JAFX has been included for many months in the Alphabetical List of Brokers in post #4 of this thread. And the listing has always said “no U.S. clients”, because that’s what the fine print at the bottom of each JAFX webpage indicates.
This is the text in fine print:
“All information on this website is not directed towards soliciting citizens or residents of the United States. Please check with your local jurisdiction if you are permitted to open an account with JAFX.”
• However, if you begin the Live Account opening process, this is the first page that comes up:
United States is already filled in. This makes it pretty clear that U.S. clients are welcome.
I decided to test the account opening procedure, by filling in this page, as follows:
No problem, apparently. When I clicked “Create Account”, I was taken seamlessly to the next page, which asked me to submit identity documents.
I did not proceed.
It appears that JAFX has done a poor job of disguising the fact that they will, indeed, open accounts for U.S. clients.
The control-freaks at the CFTC will always go for the easy-pickings first. JAFX kinda asked to be noticed by the CFTC when they made “United States” the default selection on their account opening page.
Let this be a lesson to all our offshore broker friends.