JFD Bank Review PROs & CONs

jfd review
jfd review

The overview helps to ensure that you are always in control of your trading operations. Through the MT4+ mobile app, you have convenient access to all tradable instruments offered by JFD brokers. You can place trades, manage positions, set alerts and much https://forexarena.net/ more, all from the comfort of your mobile devices. Mobile traders’ Spot FX orders at JFD Bank are thoroughly Straight Through Processed to the company’s Liquidity providers thanks to a Fill or Fill basis with both negative and positive slippage enabled.

There may be some fees when transfering money to and from your JFD Bank account charged by your 3rd party payment provider if your JFD Bank base currency is different from your JFD Bank withdrawal method. JFD is a leading Group of Companies offering financial and investment services and activities. The parent entity, JFD Group Ltd was launched in December 2011 and is now an internationally licensed global provider of multi-asset trading and investment solutions.

jfd review

Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. Our Ranked JFD Brokers Trust Score is 8.9 out of 10 for good reputation and service over the years, also for reliable licenses. The only point is that regulatory standards and protection vary based on the entity. Together with its CySEC license, JFD is sharply authorized by German BaFIN known for its strict regulations and control over the brokerage. Even though, JFD also serves an offshore entity in Vanuatu its parallel regulations from ESMA do not leave questions about their reliability and transparency. It is a registered and licensed broker and operates as a JFD group under strict European regulations, by CySEC and the MiFID along with numerous registrations in EEA zone like FCA, CONSOB, BaFIN, and ACPR.

MT5 is the follow up platform to MT4 that maintains most of the same features with same additional functionality. JFD Brokers have taken the default MT5 platform and created MT5+, adding a plethora of features that are designed to benefit traders. Through MT5+ users have direct access to more than 1,000 instruments from 8 asset classes, sourced from 20+ LPs (Tier 1 Banks, Non-Bank LPs and MTFs). I think MT4 should be more than enough for forex traders but if you want to trade stocks, you may edge more towards MT5. JFD Brokers were the first to have released the 100% DMA/STP Agency Model mobile trading app solution.

JFD Bank operate on a Meta Trader 4 platform but offer the most trader-centric, comprehensive, and desirable upgrade options that are currently available. Along with Meta Trader 4 WebTrader, they also provide a Meta Trader 4 Desktop version and are considered the first online broker to offer both CFD’s and FX trading on the prestigious Guidants. This is the most popular analysis and jfd review market research platform in Germany. After downloading jfd metatrader 5 and then creating your account, you can contact JFD Bank in the event of a problem, from several contact solutions. The most interesting choice is undoubtedly the live chat which allows instantaneous exchanges. You also have the option of sending an email to let JFD Bank customer service know your concerns.

JFD Bank Web Trading Platform

You can also make your deposits on jfd metatrader 4 by making a bank transfer. About transfer, note that JFD Bank gives you the possibility to transfer funds from your JFD Bank account to another, without charging any fees. JFD Bank tradable financial instruments are the financial instruments that are specifically available to trade on the JFD Bank trading platform. This refers to the different types of financial markets you can trade with through JFD Bank. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on JFD Bank. 1%-2% is very easy to get from other investments where your funds are guaranteed.

Below you will find all the information that you need about the JFD Bank Standard Account, including the minimum deposit, the leverage, the commissions, and the platforms offered. They say they do this to maintain transparency and give every trader access to everything they need. Some people prefer this approach, while others may miss the options provided by other brokers. We are not permitted to deal on own desk manipulating in any way the prices shown on the terminal. I have invited in physical stocks with JFD bank and I was able to use my account without any problem for about 3 months. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.

We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.

I found the process to be relatively straightforward and like how everything is done online as it should be nowadays. Exchange traded funds are a popular asset whilst exchange traded notes are something that many retail investors may not be familiar with. ETNs work in a similar way to ETFs as both track an underlying asset, often have lower expense ratios than actively managed mutual funds and both trade on the major exchanges just like stocks. The fundamental desktop gives professional level fundamental analysis. It has a collection of widgets that are synchronised in sets to help increase the speed of analysis and trading. Users can review a whole basket of assets and receive detailed fundamental data automatically, whilst monitoring trades at the same time.

For the Cons, there is no 24/7 support and conditions vary according to the entity rules, so might be more competitive for some regions. JFD Brokers have a trading glossary freely available that covers a range of commonly used trading terminology along with clear definitions. JFD Brokers frequently host webinars, seminars and other live events where you can increase your trading knowledge and strengthen your skills.

jfd review

GBP, USD, EURO are supported by JFD Bank as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders. Account fees charged differ between JFD Bank and other brokers. An account is a fee that JFD Bank and other brokers assesses on all accounts for the ability to keep an account on their platform.

Awful experience with Jfd broker on…

Pleasetake note, the following information is based on JFD Brokers. Customer funds are deposited with reputable British and German banks such as Wirecard Bank Germany and Barclays UK. JFD Brokers is also a member of the Investor Compensation Fund. Through the years it quickly expanded its geographical range as well as product portfolio. Today, it has offices in Bulgaria, Germany, Spain, and Vanuatu, and serves customers across the globe.

  • Furthermore, the broker implements negative balance protection.
  • Making an mt4 jfd download is necessary to take advantage of the services and advantages of JFD Bank.
  • As this broker only offers a standard account with 1 pip spreads, it is considered competitive.
  • Trading videos on JFD Bank help new and even more experienced investors gain insights into JFD Bank technical analysis tools and how the different financial markets work when trading on JFD Bank.
  • The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency.
  • There may be some fees when transfering money to and from your JFD Bank account charged by your 3rd party payment provider if your JFD Bank base currency is different from your JFD Bank withdrawal method.

JFD clients can get the StereoTrader add-on along with all of its useful features for just €29.90 per month. You can easily trade directly from real time charts with all the important information displayed such as live spreads and tick by tick price movements. The broker has partnered with NASDAQ listed firm Equinix to offer state of the art trading technologies. They participate in the Equinix Financial eXchange, which is a network of execution venues, buy/sell side firms and bank trading servers that are located at Equinix’s high-performance data centres. This ensures you can get the best possible prices from a deep liquidity pool with quick execution speeds and low spreads.

Trading Costs with JFD Bank

In addition, traders can utilise the Agena Trader platform that comes equipped with extensive market scanning technology and is perfect for semi-automated and fully automated strategies in trading. Terrible experience with Jfd broker on forex trading, loss of €14000 when they said they won’t open any new order with GBP with Brexit situation in September and October 2019 instead. JFD Bank live chat support is a way for customers to obtain help from JFD Bank through an instant messaging platform. It happens at a one-to-one level, often via the company’s website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help.

I feel like they are a broker catering towards professional and institutional traders and investors, evident by the products and services that include FIX API solutions. If you are looking for industry leading trading conditions in a regulated environment, they are certainly worth strong consideration in my opinion. JFD Bank is one of the established online brokerage companies that offers a variety of trading platforms and services.

Basic information about the broker

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website. JFD Bank allow traders to trade financial markets on iOS, Android supported mobile devices. Bonds trading on JFD Bank is a way of making profit from fluctuations in the value of corporate or government bonds.

Which trading assets are available at JFD Bank

I am still wary of them being a Cyprus regulated broker is why I will limit my deposits and will proceed with caution but the fact that they purchased a German bank is somewhat relaxing. I had to take time out to write this review, don’t loose your hard earned money. We want to assure you that the satisfaction and long-term success of our clients are of the utmost priority for JFD as an international 100% DMA/STP broker. Hence, we want to confirm that our team is working on a solution that will allow us to offer cash equity to residents of your country once again. 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.



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