JFD Bank Review & New Trader Rating in December 2023

Finding the right broker for you is not easy, but hopefully you now know if JFD Bank is the best choice for you. If you are still unsure, you can use our forex broker comparison to get a quick overview. JFD Brokers frequently host webinars, seminars and other live events where you can increase your jfd review trading knowledge and strengthen your skills. There are a range of speakers and subjects covered in multiple languages with free and paid events. If you are a fan of webinars, Purple Trading also host them on a regular basis. JFD’s annual financial reports are audited by leading financial auditors.

  • Exchange traded funds (ETFs) are a popular asset whilst exchange traded notes (ETNs) are something that many retail investors may not be familiar with.
  • JFD Brokers fees are good, mainly built into a commission charge, but good to check funding fees, non-activity fees, and other conditions too.
  • This platform is like a financial playground designed to ignite your passion for investing and keep you hooked.
  • MT5 is the follow up platform to MT4 that maintains most of the same features with same additional functionality.
  • JFD Brokers, a well-established Forex and CFD trading broker active since 2012, is committed to providing traders with fairness.
  • These rewards are usually done by means of cashback programs, “Refer a Friend” programs or gift vouchers.

A good broker constitutes a good service for traders in terms of many criteria including trading instruments,
deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily
mean the same thing to you. You can decide for yourself if
JFD Bank is a good broker for you or not by reviewing the criteria. In general,
JFD Bank provides trading service in
Forex , Gold & silver , CFD , Oil , Stocks , Indexes , Agriculture , Bonds , ETF and Crypto .

Additional Features

It provides many of the things that MetaTrader 4 and 5 offer, but there are a few important differences that you need to note. When you sign up for a demo account, you will put in your information and then select a hypothetical deposit amount between five hundred and five million dollars. If you know how much you are going to deposit when you start trading, it is suggested that you practice with that same amount. If you feel that this is not the right broker for you, you can easily compare the conditions with more brokers we have on the Recommended brokers page. JFD Bank is a licensed and register broker operating under strict European regulations by the MiFiD and CySEC. In addition, they adhere with several other regulations within the EEA zone including ACPR, BaFIN, CONSOB, and FCA.

  • With its technologically advanced systems, unconditional access to the interbank market, and real interbank spreads, traders are offered numerous opportunities to potentially maximize profits.
  • I think it is great that JFD Brokers have a generous selection of educational materials to help you analyse the markets and increase your trading knowledge.
  • Customer support is fast, responsive, and reliable which is a great plus for the broker.
  • I am always using trading apps to keep track of my trades and what is happening around the markets.

They offer a variety of financial instruments, including Forex, commodities, stocks, indices, and more. As a regulated broker, JFD is committed to providing a safe and secure trading environment for its clients. By far the biggest advantage is the transparency of JFD, that every trade can be tracked.

If you are looking for another well-regulated brokerage to compare them with, Plus500 are regulated by many top-tier regulators. JFD Brokers minimum deposit amount is $500 regardless of the platform or trading account you choose to trade. Contingent upon the stage picked, individuals can exchange up to 1500+ instruments across 8 resources. To open a live record, clients need to give an ID check and complete a survey on exchanging information and experience. Clients can open a free demo exchanging account while getting a similar JFD experience with live real-time performances.

The final thought upon JFD Brokers review is that the broker from many perspectives is a great offer in technology, reliability, customer service, and pricing. The dealer offers a DMA/STP model and exchanges 1,500+ instruments with more than eight resource classes. This survey covers JFD’s special MT4+ and MT5+ stages, spreads, commissions, and login measures. Additionally, JFD offers webinars and live events where traders can learn from industry experts and gain practical trading tips.

JFD Brokers Pros and Cons

By offering these educational resources, JFD demonstrates its commitment to empowering traders and equipping them with the necessary knowledge to make informed trading decisions. The minimum deposit requirement is set at $/€/£/Fr500, ensuring accessibility for traders with different budget sizes. Traders can access MT4+ and MT5+ not only on desktop but also through the web-based versions, known as MT4+ WebTrader and MT5+ WebTrader. These web-based platforms enable traders to access their accounts and trade from any device with an internet connection, providing flexibility and convenience. Crypto trading does not attract any commission charges, making it an attractive option for traders interested in this asset class. Lastly, for ETFs & ETNs, JFD applies a commission of $0.025 per share with a minimum ticket charge of $5.

Yes, JFD Brokers offers a mobile trading app for traders to conveniently access their accounts. All in all, JFD Brokers stands out as a trusted and technologically advanced broker. It gives us a comprehensive range of assets and superb trading platforms. JFD Brokers is a brokerage company offering trading services for clients
2011 with
offices in
Cyprus, Germany and Vanuatu. Customer service is generally a priority for most forex traders as they are trusting their chosen broker(s) with their money. They say they do this to maintain transparency and give every trader access to everything they need.

It should be strongly noted that past performance is by no means any guarantee of future performance. To withdraw the funds you can use the same methods, which are eligible for fees also. Thus, Skrill and Safecharge will require a 1% fee for the transaction process. Also, JFD Brokers does not charge any internal fees for withdrawals. However, deposit fees might be charged depending on the type of payment method you choose.

CFD Trading

By accommodating various payment preferences, brokers can foster a more inclusive and client-centric approach. All information on this website represent subjective views of the authors and they are solely informational. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website. When you trade binary options or CFDs products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for Forex, CFDs and binary options. We do our best to warn people about scams and promote only companies we personally consider to be very good.

JFD Brokers Review Conclusion

The broker has also authorised to conduct Agency Only, Investment Advice, and Portfolio Management execution activities. With the Agency Model, theres no requotes and zero rejection rate along with anonymous and unconditional access to the interbank market which is based on an innovative Fill to Fill model. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. JFD give you access to trade a great variety of 66+ major, minor and exotic currency pairs such as EURUSD, GBPUSD, USDJPY, USDCHF, EURGBP, EURJPY and more. With JFD, clients can trade 400+ Stocks CFDs from different countries, including United States, United Kingdom, Germany, France, Netherlands & Spain. An index is a statistical measure of the changes in a portfolio of stocks representing a portion of the overall market.

JFD Bank Verdict

Most clients will opt in for the Personal Live Account which is why we decided to focus on the account registration for this review. Once you selected your account type, you will also need to choose between the MT4+ platform or the MT5+ platform. Once you selected your platform, the site will request your personal information such as personal details and residential details. This is followed by your financial situation information, your trading account information, your experience with investment and trading, and the acceptance of legal details. You will also need to provide proof of address and a copy of your ID before you’ll be allowed to deposit funds on your account.

Be that as it may, this present merchant’s spreads on driving tools are not the most serious. The organization is enlisted in numerous nations across Western Europe, including the UK, France, Ireland, Greece, and Spain. JFD Bank AG is likewise a capital business sectors accomplice in the Frankfurt, Munich, Düsseldorf, and Vienna stock trades.

This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

Commodities and other non-major Equity Indices

The customer support is fast and answers all my questions politely and with enough details. I like the reports for the trades they provide and the webinars for the traders. Not sure why they still offer only forex and CFD but not some instruments traded on real exchanges.