Company profile
JFDReview SummaryRegistered On2011-09-02Registered Country/RegionCyprusRegulationRegulatedMarket InstrumentsForex, Commodities, Stocks, Cryptocurrencies, Precious Metals, Indices, and ETFS/ETNSDemo Account✅LeverageUp to 1:400Spread/Trading PlatformMT4+ and MT5+ (Desktop, Web, and Mobile), stock3Min Deposit500 EUR/CHF/GBP/USDCustomer SupportLive Chat 24/5support@jfdbrokers.com+49 40 87408688LinkedIn, Twitter, Facebook, TelegramJFD Information Founded in 2011 and headquartered in Cyprus, JFD Brokers is a global online trading brokerage. Its core business covers multiple asset classes, including forex, precious metals, stocks, and cryptocurrencies, supporting mainstream trading platforms such as MetaTrader 4/5 (MT4+/MT5+). Regulated by authorities like the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC), client funds are held in segregated accounts at top-tier credit institutions.Pros and ConsPros Cons Regulated (CYSEC)Restrictions in some countries (e.g., China, the United States)Over 1,500 trading instrumentsHigh fees of up to 3.25% (for some payment methods)Available on MT4+/MT5+Is JFD Legit? JFD is regulated by authoritative institutions such as CySEC and VFSC. It should be noted that VFSC is an offshore regulated license (No. 17933). Traders can check JFD's information on the CySEC website using license number 150/11.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusCYSECJFD GROUP LTDMarket Maker (MM)150/11RegulatedVFSCJFD Overseas LtdRetail Forex License17933Offshore RegulatedFCAJFD GROUP LTDEuropean Authorized Representative (EEA)580193UnsubscribedWhat Can I Trade on JFD? JFD supports 9 major asset classes, covering over 1,500 instruments, including forex, precious metals, indices, stocks, cryptocurrencies, commodities, and ETFs/ETNs.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Cryptocurrencies✔Precious Metals✔Indices✔ETFs/ETNs✔Bonds❌Mutual Funds❌Account Type JFD offers a single account system, and traders can also choose a demo account to test platform functions and strategies.CompanyJFD Group LtdJFD Overseas LtdMargin Call Level100%100%Stop Out Level50%50%Negative Balance ProtectionYesNoAccount Base CurrenciesUSD/GBP/EUR/CHFMinimum Deposit500 USD/GBP/EUR/CHFSegregation of FundsYesJFD Fees Trading costsCommission on CFDs, FX & MetalsYesUS Physical Stocks: 0.05 USD Per Share / Minimum Ticket Charge $3EU Physical Stocks: 0.15% off Order Volume / Minimum Ticket Charge 3EURCommission on Physical StocksSpanish Physical Stocks: 0.20% of Order Volume / Minimum Ticket Charge 6 EUROvernight Financing / SwapsYes (excluding CFDs on Futures Contracts)Overnight Financing costsYes, are calculated for CFDs on Stocks & Cash Indices: 3.25% +/-Respective Benchmark Rate.Platform FeesNo Deposit and withdrawal feesPaymentMethodFeeDepositBank transfer (e.g., Sofort)1.8% + fixed feeOnline payment (e.g., Skrill)From 0.25 EUR + 1.7%-3.25%Credit card1.95%-2.95%WithdrawalCredit card0.25 EUR authorization fee + 2 EUR refund feeSkrill/Neteller1%-2% (up to 30 USD) Inactivity Fee If an account has no trading activities or deposits for three consecutive months, it will be considered inactive. A monthly inactivity fee of 20 EUR/USD/GBP/CHF (based on the account's base currency) will be charged. Accounts with no deposits are exempt from this fee.Leverage The default leverage for forex is a 3%-5% margin, equivalent to 20-33 times leverage. Professional clients can apply for a minimum margin of 0.25%, with a maximum leverage of 400 times.Trading Platform JFD offers MT4+ and MT5+, supporting desktop, web (no download required), and mobile versions. In addition, it also provides Stock3, a popular social trading platform in Germany.Trading PlatformSupported Available Devices Suitable for MT4+✔Desktop, Web, and MobileBeginnersMT5+✔Desktop, Web, and MobileExperienced Tradersstock3✔WebAllDeposit and Withdrawal DepositThe minimum deposit is 500 EUR/USD/GBP/CHF. Deposit methods support bank transfers (SEPA/Sofort), online payments (Nuvei, Skrill, Neteller), and credit cards (VISA/MasterCard). The supported account currencies are EUR/USD/GBP/CHF, while deposits can be made in over 30 currencies (with automatic conversion). Withdrawal Withdrawals are prioritized to be returned via the original deposit method. Funds deposited via online payments will be refunded to the original online source first, and any remaining balance will be transferred via bank transfer. For European regions, the funds will arrive within 2-5 working days, while non-European regions take 4-7 working days.
Kristy780996
Hong Kong
I must share my recent extremely unpleasant experience with JFD Brokers. As a brokerage that claims to be professional and reputable, their actions are shocking and completely unacceptable. I initially deposited only $15,000 into my trading account with JFD Brokers and successfully withdrew $21,583.37 during my trading activities. However, when my account had accumulated approximately $40,000 in profits, JFD Brokers arbitrarily cancelled my account and deducted all my profits! This behavior is clearly unjustified, raising serious suspicions that they acted simply because I earned “too much” profit from my trading. As a brokerage claiming professionalism and credibility, such actions not only violate the principles of fair trading but also betray the trust of their clients. I have already filed an official complaint with the Cyprus Securities and Exchange Commission (CySEC), urging the regulatory authority to investigate and take appropriate actions. I strongly condemn this irresponsi
Exposure
01-13