Established in 2011 by professional traders, JFD Brokers strongly believes in equal rights and fairness for all. No matter whether you’re an employee, client, or partner, you can take advantage of our transparency, direct approach, and a healthy and win-win relationship. We keep a close eye on new trends and offer constant innovation and expansion of the available trading options on our platform. As game-changers in the industry, we offer new client-centric standards.
What is JFD？
JFD offers flexible account options with minimums and fees that vary based on transaction types, with certain accounts available for free. New accounts are fee-free, and while specific details on interest for uninvested cash are not provided, margin interest rates also vary depending on the assets. JFD does not offer mutual funds but provides robust trading platforms accessible on iOS, Android, and the web, ensuring a versatile and user-friendly trading experience. This flexibility and comprehensive platform support highlight JFD's commitment to accommodating a wide range of trading needs.
Pros and Cons of JFD
JFD presents several advantages, including regulation by CySEC and adherence to financial regulations, offering a wide range of asset types, and providing trading platforms on iOS, Android, Mac, Windows, and the web. However, it also has some drawbacks, such as a complex fee structure, unspecified interest on uninvested cash, and lack of details on specific account types. Despite these cons, JFD remains a robust option for traders seeking diverse assets and flexible platform accessibility.
Is JFD safe？
JFD Group Ltd is a broker-dealer registered with the Cyprus Securities and Exchange Commission (CySEC).
Client money segregation: Client funds are held in segregated accounts, separate from the company's own funds, ensuring that clients' money remains protected even in the unlikely event of JFD Group Ltd.'s insolvency.
Investor compensation scheme: JFD Group Ltd. is a member of the Investor Compensation Fund (ICF) of Cyprus, which provides protection for up to €20,000 per client in case of the company's insolvency.
Regular audits: JFD Group Ltd.'s financial reports are audited annually by independent auditors, ensuring transparency and accountability in its financial management.
Internal risk management: JFD Group Ltd. employs a robust risk management framework to identify, assess, and mitigate potential risks associated with client funds.
What are securities to trade with JFD？
JFD offers a diverse array of trading assets, catering to a wide range of investment strategies. Clients can engage in CFD trading across various markets, including indices, forex, precious metals, stocks, cryptocurrencies, commodities, ETFs, and ETNs. This extensive selection of assets enables traders to diversify their portfolios and capitalize on market opportunities across multiple sectors and instruments. JFD's comprehensive asset offering underscores its commitment to providing versatile and robust trading solutions.
Stocks: Direct investment in publicly listed companies, suitable for investors seeking capital appreciation and dividends.
Indices: Investment in a basket of stocks representing a particular market or sector, ideal for investors looking to gain broad market exposure with reduced individual stock risk.
Forex: Trading in currency pairs, appealing to investors seeking opportunities in global currency fluctuations, providing high liquidity and the potential for significant returns.
Precious Metals: Investment in gold, silver, and other metals, offering a hedge against inflation and economic uncertainty, suitable for diversification and long-term value preservation.
Cryptocurrencies: Digital assets like Bitcoin and Ethereum, attracting investors interested in innovative financial technologies and high-risk, high-reward opportunities.
Commodities: Trading in physical goods such as oil, natural gas, and agricultural products, providing diversification and a hedge against market volatility and inflation.
ETFs: Exchange-Traded Funds that track an index, sector, commodity, or other assets, offering diversification, low costs, and ease of trading similar to stocks.
JFD Fees Review
Commodities:
Instruments: Brent Crude Oil and WTI Crude Oil.
Commissions: 0.09 USD/EUR/CHF per 1 CFD per side, or 0.10 GBP per 1 CFD per side.
Margin: Default margin is 50% for Brent Crude Oil and 25% for WTI Crude Oil. Lower margins of 50% for Brent and 25% for WTI are available to professional clients and JFD Overseas Ltd. clients.
Reduced Commissions: Available for high-volume traders upon request.
Stocks:
Instruments: Over 400 shares from various countries, including the US, UK, Germany, France, Netherlands, Spain, and Portugal.
Commissions:
US stocks: $0.02 per share, minimum ticket charge $5 per side.
French, German, Dutch, Spanish, UK, and Portuguese stocks: 0.05% of order volume, minimum ticket charge €5 per side.
Overnight Financing Charges: 3.25% ± respective benchmark rate.
Margin: Default margin is 20%. Lower margin available for professional clients and JFD Overseas Ltd. clients.
ETFs:
Instruments: Six ETFs tracking securities from the USA, Germany, China, and India.
Commissions:
US ETFs: $0.05 per share, minimum ticket charge $3.
EU ETFs: 0.15% of order volume, minimum ticket charge €3.
Spanish ETFs: 0.20% of order volume, minimum ticket charge €6.
Note: These fees apply for each trade per side, both opening and closing.
JFD Platform Review
JFD provides a robust suite of trading platforms catering to diverse trader preferences. Their offerings include the highly popular MetaTrader 4+ (MT4+) and MetaTrader 5+ (MT5+), both available as desktop and WebTrader versions, ensuring flexibility and accessibility. These platforms are renowned for their comprehensive trading tools, advanced charting capabilities, and user-friendly interfaces. Additionally, JFD supports third-party platforms, broadening the range of options for traders seeking specific functionalities and enhanced trading experiences. This diverse platform selection underscores JFD's commitment to delivering a versatile and high-quality trading environment.
Research and Education
JFD emphasizes the importance of informed trading by offering comprehensive research and education resources. Through its Company News section, JFD provides timely and relevant updates on market developments, financial trends, and economic events. This resource helps traders stay abreast of critical information, supporting well-informed trading decisions and enhancing market understanding. JFD's commitment to research and education reflects its dedication to empowering clients with the knowledge necessary for successful trading.
Customer Service
JFD offers comprehensive customer support to ensure seamless trading experiences. Clients can reach out via phone at +49 40 87408688, email at support@jfdbrokers.com, or through live chat. Support is available continuously from Sunday 23:00 CET to Friday 23:00 CET for phone and live chat, providing round-the-clock assistance during trading hours. Additionally, all other JFD departments operate from 08:00 to 17:00 CET, Monday to Friday, except during Cyprus bank holidays. This extensive support framework underscores JFD's commitment to client satisfaction and responsive service.
Conclusion
In conclusion, JFD stands out for its comprehensive regulatory compliance under CySEC and its diverse range of asset offerings, including stocks, indices, forex, precious metals, cryptocurrencies, commodities, ETFs, and ETNs. With robust trading platforms available across iOS, Android, Mac, Windows, and web, JFD caters to investors seeking flexibility and a wide array of investment options. Ideal for both seasoned investors looking for strategic asset diversification and beginners seeking accessible trading solutions, JFD combines regulatory security with extensive market opportunities.
FAQs
Is JFD safe to trade？
Yes, JFD Group Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC), and client funds are segregated from the company's own funds. It is also a member of the Investor Compensation Fund (ICF) of Cyprus, providing protection for client funds in case of insolvency. Additionally, JFD undergoes regular audits and has internal risk management practices in place.
Is JFD a good platform for beginners？
JFD offers a user-friendly trading platform available on iOS, Android, Mac, Windows, and the web, making it accessible to a wide range of users. However, its complex fee structure and unspecified interest on uninvested cash may be challenging for beginners. Overall, JFD can be suitable for beginners who are willing to learn and navigate through its features.
Is JFD legit？
Yes, JFD Group Ltd. is a legitimate broker-dealer registered with CySEC, ensuring compliance with financial regulations and offering a range of trading assets to clients.
Is T4TraJFD good for investing/retirement？
T4TraJFD, presumably a trading platform associated with JFD, can be suitable for investing, including retirement planning, due to JFD's diverse asset offerings and regulatory compliance. However, individuals should conduct thorough research and consider their investment goals and risk tolerance before using any platform for investing or retirement purposes.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.
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