SFCHong KongTier 1Licence number
BQF903
View licence record- Licence holder
- Held by JRFX
Not checkedChecked
At a glance
Regulation on record for JRFX
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 1
JRFX has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. We located 1 of 1 on the issuing authority’s own register.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for JRFX, strongest authority first.
1 record
- SFCHong KongTier 1
Protection
What this licence protects
SFC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Client money kept separate
- Negative balance protection
- Complaints routeSFC Complaints / FDRC
- Maximum leverage1:13
Frequently Asked Questions
Questions about the licences held by JRFX
Answered from the register entries on this page.
Most Popular Questions
Yes, withdrawals and deposits at JRFX are subject to verification and compliance checks, which implies that KYC (Know Your Customer) procedures are in place. This is standard practice to comply with regulatory requirements and to prevent fraud.
JRFX supports deposits and withdrawals via bank transfer, credit/debit cards, e-wallets, and cryptocurrencies like USDT and DOGE. The broker does not charge fees for these transactions, but third-party fees such as bank charges, card issuer fees, or blockchain network fees may apply. Processing times typically range from 1 to 3 days.
The minimum deposit amount at UP WAY GLOBAL MARKETS is 100 USD. The broker offers a maximum leverage of up to 1000, which is significantly higher than the FCA's regulated leverage limit of 30, indicating different leverage conditions may apply depending on jurisdiction or account type.
JRFX offers the MetaTrader 4 trading platform, which supports desktop use and is known for advanced charting, automated trading via Expert Advisors, and reliable execution. This platform is widely used for Forex and CFD trading.
UP WAY GLOBAL MARKETS is regulated by the UK Financial Conduct Authority (FCA), a tier 1 onshore regulator. It offers client fund insurance up to £85,000 under the Financial Services Compensation Scheme (FSCS).
JRFX has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
JRFX holds licence records issued by SFC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by JRFX comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
We located 1 of the 1 licence records held by JRFX on the issuing authority’s own register. Every entry has been looked up. An unchecked entry is a gap in our coverage, not a finding against the licence.
JRFX has licence records in Hong Kong. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.