Cardiff-born Jones has also represented Great Britain in rugby sevens, winning bronze at the 2018 Commonwealth Games and competing at the Tokyo and Paris Olympics.
She made her England debut in 2015 as an 18-year-old, and before the start of this spring's Six Nations was named vice-captain of the squad by head coach John Mitchell.
"Megan is a world-class player with a remarkable rugby pedigree," said Trailfinders head coach Barney Maddison.
"Her experience both at the domestic and international levels will bring invaluable leadership to our squad."
Trailfinders finished seventh in the PWR table last season.
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