JFD Brokers Review

JFD Brokers Logo

JFD Brokers is an online trading broker that was founded in 2011 to address the lack of transparency in the brokerage industry, so they built their business around the core values of fairness, trust, and transparency. They provide traders with access to trade over 1,500 financial instruments across different markets, including forex, commodities, cryptocurrency, stocks, indices, metals, energies, bonds, ETFs, ETNs, and CFDs.

JFD Brokers Review - Award Winning Broker
JFD Brokers Review – Award Winning Broker

JFD Brokers has bagged several brokerage industry awards for their excellence in trading and investment. They include the Best Forex Broker, the Best FX and CFD Research House Eastern Europe, and many more.

JFD Brokers Platforms & Tools

JFD Brokers Review - Trading Platforms
JFD Brokers Review – Trading Platforms

JFD Brokers provides traders with flexible and powerful trading platforms. Clients can opt to trade on the popular MetaTrader 4 and MetaTrader 5 trading platforms. The MetaTrader 4 is an electronic trading platform developed by the Russian software company, MetaQuotes and is widely considered one of the most user-friendly trading platform. Hence, it is suitable for beginner traders but also has advanced trading tools to satisfy the more experienced traders. JFD Brokers has improved on the basic MT4 platform by adding more than 500 instruments from 8 asset classes and an exclusive package of MT4+ add-ons.

JFD Brokers Review - MT4+ Add-Ons
JFD Brokers Review – MT4+ Add-Ons

The MT4 platform is available as a desktop application for Windows and Mac computers, as well as a WebTrader that runs directly on most modern web browsers without the need to download or install any additional software. There is also the MT4+ Mobile App, which enables traders to access their accounts from anywhere at any time. Its unique features include access to multiple markets, trade on charts, multiple order types, real-time prices, and account overview.

JFD Brokers Review - MT5+ Add-Ons
JFD Brokers Review – MT5+ Add-Ons

The MT5 was developed to succeed the MT4 platform; it maintains most of the same features of the MT4 with some additional functionality and extended capabilities. It offers users direct access to more than 1,000 instruments from 8 asset classes, sourced from over 20 liquidity providers. There is a unique add-ons package that features a variety of useful trading tools that are designed to further improve clients’ trading. The MT5 platform is available for desktop (Windows and Mac), web, and mobile app (MT5+) for iOS and Android devices.

JFD Brokers Review - Guidants Platform
JFD Brokers Review – Guidants Platform

The broker also has the Guidants Trading Platform, a browser-based platform that provides an interactive and social way to trade within an intuitive interface, as well as the JFD Multi Account Manager, which allocates trades from any number of Master accounts to any number of sub-accounts in real time. Clients benefit from additional trading tools, including JFD Mirror Trading, VPS, and more.

JFD Brokers Research & Education

JFD Brokers has a selection of educational materials to help you analyze the markets and increase your trading knowledge. These include market news & analysis, webinars, and a trading glossary that covers a range of commonly used trading terms with definitions.

JFD Brokers Review - Market News & Analysis
JFD Brokers Review – Market News & Analysis

JFD Brokers Trading Accounts

The broker offers one trading account type for all clients. The minimum account balance is $500, and leverage of up to 1:400 is available. The account has access to all platforms and trading instruments, with direct market access (DMA).

JFD Brokers Review - Liquidity Providers (LPs)
JFD Brokers Review – Liquidity Providers (LPs)

JFD Brokers Account Funding

JFD Brokers accepts the following payment methods: bank wire, credit/debit cards, and online payment systems, such as Neteller and Skrill. The payment methods have varying transaction fees, limits, and processing time.

JFD Brokers Customer Service

The broker offers multilingual customer support that is available 24/5 via telephone, email, and online live chat.

JFD Brokers Regulation

’JFD Brokers’ is a brand name and registered trademark operated by the JFD Group of companies, which includes:

  • JFD Group Ltd — which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 150/11. It operates in accordance with the Markets in Financial Instruments Directive (MiFID II).
  • JFD Overseas Ltd — which is regulated and authorized by the Vanuatu Financial Services Commission (VFSC) with license number 17933.
  • JFD Brokers AG — which is authorized and regulated by the Federal Supervisory Authority (BaFIN) and by the Deutsche Bundesbank with license number 120056.

JFD Brokers Review Summary

JFD Brokers is an established and multi-regulated broker that offers 0ver 1,500 trading instruments across multiple asset classes. They have a good selection of flexible trading platforms and useful trading tools.

JFD Bank

7.2

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

8.0/10

Features

  • Useful trading tools: MAM, Mirror Trading, and more
  • Powerful trading platforms
  • Over 1500 trading instruments
  • A good selection of educational materials