Detailed Review of JFD Brokers
Reviewed forex Broker: JFD Brokers or “JFD Bank”
Established in: 2011
Location: Polemidion Roundabout, Kato Polemidia, Cyprus
Operated by JFD Group of Companies
Direct Market Access DMA and STP execution: yes for all trades
Regulation: JFD Group Ltd (ex. JFD Brokers Ltd), a company with registration number HE 282265, authorized and regulated by the Cyprus Securities and Exchange Commission - CySEC (Licence number: 150/11), JFD Overseas Ltd which is authorized and regulated by the Vanuatu Financial Services Commission (License number 17933) and JFD Bank AG which is authorized and regulated by the Federal Financial Supervisory Authority (BaFin) and by the Deutsche Bundesbank under license number 120056.
Cryptocurrency including Bitcoin is included
Trading Instruments: 66 Major, Minor and Exotic Currency & Precious Metals pairs
Segregated accounts: All your funds are kept separate from the company funds, fully segregated and kept in licensed, world-class financial institutions, guaranteeing they remain secure. As JFD is a member of The Investor Compensation Fund (ICF), all clients fall under its protection, and are eligible to be compensated, thus guaranteeing the safety of their funds.
Why to Trade with JFD Brokers?
Low Trading Costs
Trade at core spreads paying competitive commissions according to your order size. Positive slippage is also enabled.
Real Multi-Asset Trading
Trade FX, metals, CFD (on shares, indices, commodities, bonds, ETF, cryptos)
Multiple Trading Platforms
Trade on MT4, MT5+(desktop and web) and other third-party platforms equipped with custom add-ons and indicators.
Trading Features and Conditions with JFD Brokers
Trading Platform: Metatrader 4
Desktop platform: yes
Web based platform: yes
Currency pairs: 60
Spreads start from 0.0 Pips - Floating Interbank Core Spread
Commissions: 3 USD / 2.75 EUR / 2.5 GBP / 3 CHF per 1 Lot per side for Forex
Leverage up to 1:400
Default margin : 3% - 5%
Slippage: Negative and positive slippage enabled
Minimum trade size 0.01 lots
Maximum opening / pending orders: 500
Expert Advisors available
Currency Account Base: EUR, USD, GBP, CHF
Fundamental Analysis tools: yes
Technical analysis tools: yes
Social tools: Social interactivity is highlighted through various widgets designed for this purpose, including trader profiles and webinars which can be attended from within the platform.
Interactive trading: Create a profile as a trading expert and follow other experts. Trade using their advice, or by following news feeds also located within the platform.
1 Click trading: yes
Trading history charts: For all major FX & Bullion pairs and most minor pairs and CFDs.
Payment Options with JFD Brokers
Minimum deposit requirement: $500
Payment methods: credit and debit cards, Skrill, Safechange, SOFORT
Customer support: online chat, phone, whatsapp, email
How was the rating of JFD Brokers performed compared to other brokers?
This 2020 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on JFD Brokers performance and features.
Overall our online JFD Brokers review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online JFD Brokers or you find inaccurate details JFD Brokers broker review please get in touch with us and the changes will be applied.