- Country: Cyprus
- Regulation: CySEC; registered with FCA, BaFin
- Markets: Forex and CFDs on stocks, indices, commodities, metals and bonds
- Type: DMA / STP
- Minimum deposit: 500 EUR / USD
- Deposit methods: transfer, card, Union Pay, POLi
- Spread: 0.19 EURUSD on average
- Commissions: yes, $ 4 per lot on Forex
- Scalping: yes
What is JFD Brokers?
JFD Brokers is a Cyprus CFDs and Forex DMA / STP broker which is regulated by the CySEC of Cyprus, as well as registered with the German BaFin, the English FCA or the Bank of France, among others.
JFD minimum deposit
The minimum deposit to open an account with JFD is 500 EUR or USD, which can be deposited using the following methods: transfer, card, Union Pay and POLi.
JFD offers webinars, events, news and other market information services.
This broker uses the MetaTrader 4 platform, as well as its mobile and multi-terminal applications. It also offers trading via FIX API.
JFD Brokers commissions and spreads
JFD offers more than 3,000 instruments through its MT4 platform and has no restrictions on any type of trading, including scalping or ultra HFT or High Frequency Trading.
Invest in the world’s leading social trading platform
In July 2018, a new maximum leverage will be applied for traders residing in Europe by ESMA regulations. The same, which will apply to Forex products and CFDs we have in the following table:
|Main Forex pairs||30: 1 or 3.33% margin|
|Main indices, gold and minor Forex pairs||20: 1 or 5% margin|
|Lower indices, commodities and exotic Forex pairs||10: 1 or 10% margin|
|Actions||5: 1 or 20% margin|
|Cryptocurrencies||2: 1 or 50% margin|
|Instruments||Forex, Indices, CFDs on stocks, metals, bonds|
|Spreads||Real market spreads on equity CFDs. 0.1 in EURUSD on average.|
|commissions||$ 4 per lot (one way) in Forex; 2.5 in metals, indices, bonds and raw materials; 2.5 cent. for CFDs of USA shares, 0.05% in Spanish and German.Volume discounts available.|
|Leverage||400 Forex; 100 indices, metals, bonds; 20 in share CFDs.|
|Minimal operation||0.01 Forex; 0.01 metals; 1 CFD of stocks, indices, commodities and bonds.|
- EURUSD: 0.19
- USDJPY: 0.33
- AUDUSD: 0.47
- USDCHF: 0.94
- GBPUSD: 0.50
- EURJPY: 0.53
Stock CFDs include more than 550 of the world’s leading markets, including the United States, Europe, China, Japan, Singapore, and Hong Kong.
There are eleven raw materials available including London Oil, US Coffee, US Sugar and Wheat.
JFD Brokers review
This is a very interesting broker among the many that are offered in the Cypriot market, being one of the best conditions offered, with a fairly wide range of markets and with quite good spreads. Also the commissions are not bad.
This broker seems suitable for those who like automatic and frequent trading.
On major broker review sites such as forexpeacearmy , JFD enjoys a good reputation, generally speaking of itself as a serious broker.
One point to improve about JFD is that they do not offer a web service in Spanish, and they do offer many other languages, including Chinese.
It seems that at the moment it is a broker more focused on the growing Asian and emerging markets, as well as the rest of Europe.
For more information, access the website .