trustfinance-logo
TrustFinance
Company profile image

JFD Brokers

National flag images

Cyprus

calendar icon

2011 (14 Years)

Please carefully consider your options and choose the service that best meets your needs.


Beware

2.76/5

Regulation icon

Verification on TrustFinance

0.00

Regulation icon

Traffic & Engagement

2.67

Trustfinance icon

Provided by TrustFinance

License

License image

CySEC...

Reject

Licenses No: 150/11

Arrow icon
License image

VFSC

Reject

Licenses No: 17933

Arrow icon
Note icon

What are the differences in regulations for each ?

building-icon

Company Information

Get to know JFD Brokers

Already ranked among the top largest online brokers worldwide, JFD has earned its reputation as a game-changer. It is the first broker to offer all its clients true post-trade transparency, direct, anonymous and MiFID II compliant access to liquidity sources for a choice of 1500+ instruments. JFD is acknowledged by numerous independent sources as one of the fastest-growing and respected Forex and CFD brokerage firms worldwide and is a winner of multiple awards

Show More

navigate-icon

Primary Industry

  • Forex - Retail BrokerPRIMARY

Users who look JFD Brokers also look…

News

building-icon

TrustFinance Intelligence Agency

Research date: Dec 28, 2024

The Spanish regulator, the National Securities Market Commission (CNMV), issued a warning about clones of popular FX and CFD firms, including AvaTrade, LCG, and JFD Group. Clones are unauthorized entities impersonating legitimate brokerage brands, posing significant dangers in the industry. Regulators and firms struggle to combat this practice, with clones of various brokers being reported worldwide. Investors are advised to verify the authenticity of broker websites and be wary of unsolicited offers.

The Spanish regulator, the National Securities Market Commission (CNMV), issued a warning about clones of popular FX and CFD firms, including AvaTrade, LCG, and JFD Group. Clones are unauthorized entities impersonating legitimate brokerage brands, posing significant dangers in the industry. Regulators and firms struggle to combat this practice, with clones of various brokers being reported worldwide. Investors are advised to verify the authenticity of broker websites and be wary of unsolicited offers.

Andrey Stoychev has been promoted to Executive Director Trading and a Board Member of JFD Group. He has over 15 years of experience in the industry, specializing in capital markets, OTC instruments trading, and risk management. JFD Group recently acquired German-based ACON bank, adding commission-free stock trading conditions to its product portfolio. The company also expanded its tradeable stocks’ portfolio on the MetaTrader 5 platform. JFD Group rebranded to JFDBANK.com, offering retail and institutional services under one brand.

Andrey Stoychev has been promoted to Executive Director Trading and a Board Member of JFD Group. He has over 15 years of experience in the industry, specializing in capital markets, OTC instruments trading, and risk management. JFD Group recently acquired German-based ACON bank, adding commission-free stock trading conditions to its product portfolio. The company also expanded its tradeable stocks’ portfolio on the MetaTrader 5 platform. JFD Group rebranded to JFDBANK.com, offering retail and institutional services under one brand.

JFD Brokers, a CySEC regulated broker, has launched a new Affiliate and IB franchise program and website. The program allows partners to benefit from JFD's global brand name and build their own regional office. The new website offers clear information on partnership models and encourages open communication. JFD is continuously forming new relationships and targeting more regions. The content also includes news about other financial entities and brokers in the industry.

JFD Brokers, a CySEC regulated broker, has launched a new Affiliate and IB franchise program and website. The program allows partners to benefit from JFD's global brand name and build their own regional office. The new website offers clear information on partnership models and encourages open communication. JFD is continuously forming new relationships and targeting more regions. The content also includes news about other financial entities and brokers in the industry.

JFD Brokers has acquired 51% of German investment bank ACON Actienbank AG, with an option to acquire an additional 20%. The move aims to diversify JFD away from online brokerage into areas such as asset management and capital raising. The deal is pending regulatory approval. LeapRate is an independent research and advisory firm specialized in covering the world of Forex trading. The website provides news, broker reviews, and industry insights.

JFD Brokers has acquired 51% of German investment bank ACON Actienbank AG, with an option to acquire an additional 20%. The move aims to diversify JFD away from online brokerage into areas such as asset management and capital raising. The deal is pending regulatory approval. LeapRate is an independent research and advisory firm specialized in covering the world of Forex trading. The website provides news, broker reviews, and industry insights.

building-iconProvided by TrustFinance AI Analysis
Social scout image

Social Scout

See what Social Scout found of JFD Brokers

Trustfinance icon

Provided by TrustFinance AI Analysis

Reviews

| Total 0

Review analysis image

AI Review analysis

Let’s TrustFinance AI Summarize all the reviews for you.

Trustfinance icon

Provided by TrustFinance AI Analysis

Filter

5 Star

0%

4 Star

0%

3 Star

0%

2 Star

0%

1 Star

0%

Sort by

...loading

Summarization

JFD Brokers Review: Is JFD Brokers Good?

Broker overview and general information

JFD Brokers was founded in 2011 by a group of professional traders with a focus on transparency and fair trading through Direct Market Access (DMA). The broker offers a wide range of assets including Forex, Indices, Commodities, Stocks, ETFs, and Cryptocurrencies and uses leading trading platforms such as MetaTrader 4+ and MetaTrader 5+ which are further developed to support trading in multiple markets with high efficiency and competitive spreads. It also offers the following platforms:stock3Which is a popular platform in Germany.


Licensing and Regulation

If you ask whether JFD Brokers is good or not, you must first consider the license factor, which has the following licenses:

  • Cyprus Securities and Exchange Commission (CySEC) License No. 150/11 under JFD Group Ltd.

  • Vanuatu Financial Services Commission (VFSC) License No. 17933 under JFD OVERSEAS LTD.


Broker Products and Services

Trading products

JFD Broker offers a wide range of trading products, divided into 3 main categories:

  1. CFD Trading

    • Index stocks

    • Forex

    • Precious metals

    • share

    • Crypto

    • Commodities

    • ETFs & ETNs

  2. share

    • Real stock trading with JFD

  3. ETFs

    • ETF Trading


Trading Platform

MT4+ (MetaTrader 4 Plus)

MT4+ is a widely popular and user-friendly platform that is renowned for its ease of use, allowing the creation and execution of algorithmic trading strategies, and its technical analysis tools.


MT5+ (MetaTrader 5 Plus)

MT5+ is the successor to MT4, with similar functionality with some improvements such as:

Provides additional order types for more flexible trading execution, enables more complex hedging strategies, and displays order booking information at a greater level for better market understanding.


Stock3

Platformstock3It is a very popular trading platform in Germany, with JFD Brokers being one of the few brokers that offers CFD and Forex trading via this platform.stock3It stands out for its customizable interface and extensive analytical tools. Users have access to both technical and fundamental analysis tools, along with the use of a number of free widgets.

The platform works via browser, does not require additional software downloads, and supports advanced technical analysis as well as social interaction via webinars directly in the platform. Plus, the fast connectivity with JFD's global infrastructure makes for highly efficient trading.

Highlights of the stock3 platform

  • Fundamental Analysis

  • Social interaction

  • There is a webinar.

  • Advanced charting tools

  • Supports screen customization to suit each trader.


 Deposit and withdrawal review

The broker accepts deposits via bank transfer, credit/debit cards, and e-wallets such as Skrill. The minimum deposit starts at $100. Withdrawals are processed within 24-48 hours. Other withdrawal methods such as payabl. neteller and nuvei are also supported.



Broker Customer Service 

  • Live chat

  • Email : support@jfdbrokers.com

  • Phone number +49 40 87408688

  • Support hours: Sunday 23:00 CET to Friday 23:00 CET and other JFD departments: 08:00 – 17:00 CET, Monday to Friday (excluding Cyprus bank holidays).

⚠️WARNING:There have been negative reports of users talking about not being able to contact customer service, and often not getting a solution or explanation for what happened.


JFD Brokers Review: Pros and Cons

 Pros :

  • Regulated by CySEC for European clients

  • There are a variety of products available for trading.

 Cons :

  • There are uneven standards for non-European customers.

  • There are many negative user reviews regarding customer support.

  • Lack of transparency, clarification of account types

  • High minimum deposit


Broker Overview Summary

JFD Brokers is a CySEC regulated broker, which is an advantage for European clients. The broker offers a wide range of trading products including Forex, CFDs, real stocks, ETFs and cryptocurrencies, and uses powerful trading platforms such as MetaTrader 4+ and MetaTrader 5+.

The main advantages are transparency in the international market, direct market access and multilingual customer support. However, for customers outside Europe, the regulation may not be as strict, leading to a disparity in service standards. There are also negative reviews about customer service and a relatively high minimum deposit.

Overall, JFD Brokers is a suitable broker for traders who want a transparent and secure trading environment, but specific conditions for clients from different regions should be considered before making an investment decision.


Frequently Asked Questions about JFD Brokers 

Q: What is the minimum deposit for a real account with JFD?

A: The minimum deposit is 500 EUR (Euro accounts), 500 CHF (Swiss Franc accounts), 500 GBP (Pound Sterling accounts) or 500 USD (US Dollar accounts). You can also make your initial deposit to a Euro account in USD. However, please note that you must have the equivalent of 500 EUR in USD to open a real account.


Q: Does JFD allow Scalping and Auto Trading?

A: The broker supports Scalping and Automated Trading, no matter what your trading style is. The broker allows the use of Expert Advisors (Automated Trading Systems) except for JFD Brokers' physical instruments.



Choose the safest and most suitable broker with TrustFinance reviews

Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.


JFD Brokers Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.

TrustFinance use cookie for analytics to improve your experience. Check all the information about ourCookies policy