VFSC — Vanuatu
JMI Brokers LTD
Offshore Regulation · No. 15010
JMI Review — Overview
Regulation
Offshore regulated
Licence
VFSC · No. 15010
Licence status
Offshore Regulation
Platforms
JMI Mobile APP, Web Trader, Meta Trader 4
Max. leverage
1:500
Instruments
Stocks, Forex, Cryptocurrencies, Indices
Typical spread
From 0.1 pips
Operating
Est. 1994
Main market
DE
Entity
JMI Brokers LTD
Website
Unknown
JMI is a forex & CFD broker based in Vanuatu, established in 1994. On Trust Broker Hub it holds a Trust Score of 6.2 out of 10, which we rate as Fair — above the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
JMI's licence comes from an offshore jurisdiction (VFSC). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
JMI provides access to Stocks, Forex, Cryptocurrencies, Indices. Published conditions include leverage up to 1:500. No complaints are currently on record. Overall, JMI has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
6.90
Data completeness
8 of 10 facts verified
80% ×0.90
Trust Score
6.2 / 10
Trust Score history
JMI currently scores 6.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a VFSC licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, Funds |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:500 |
| Typical spread | From 0.1 pips |
| Platforms | JMI Mobile APP, Web Trader, Meta Trader 4 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on JMI
Our analysis · editorial
6.2/10
A mixed risk profile
JMI is regulated in an offshore jurisdiction (VFSC), which offers lighter oversight than tier-1 regimes. Based in Vanuatu, it has been operating for about 32 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.2/10 — a mixed profile.
Strengths
- Long 32-year operating track record
- No complaints on record with us
- Supports JMI Mobile APP & Web Trader trading
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
- Very high leverage available (1:500) — amplifies risk
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
JMI — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag JMI here if that changes.
Full specifications
Regulated region
Vanuatu
Operating period
5-10 years
Main market
DE
Licensed entity
JMI Brokers LTD
License status
Offshore Regulation
Instruments
Stocks, Forex, Cryptocurrencies, Indices, Commodities, ETFs, Funds
Year founded
1994
Frequently asked
Is JMI a safe broker?
JMI scores 6.2 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It is only offshore-regulated, which means weaker protection. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
How is the JMI trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from JMI?
JMI publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.