JFD Brokers is regulated by CySEC and it is also registered with several european regulators. One of the strengths of JFD Brokers is the fact that they are no-dealer-desk broker, or how they call it “full agency model”, which eliminates conflict of interest. Minimum $500 deposit is a bit high, however, considering it is an STP broker out of the box, its not out of the ordinary, considering such accounts sometimes start from $2000 deposit with other brokers. Interesting addition is support for Guidants platform, which is not something you se everywhere. Guidants is a popular CFD and FX trading platform hosted in Germany. Clients can trade over 1,000 instruments and can jfd review create their own technical and fundamental approach.
JFD Brokers Leverage
The final thought upon JFD Brokers review is that the broker from many perspectives is a great offer https://forexarena.net/ in technology, reliability, customer service, and pricing. JFD Brokers implements a number of measures to ensure the security of client funds, including segregation of client funds, SSL encryption, and secure banking systems. They are also regulated by financial authorities, which require them to meet strict standards for client fund protection. I am trading with JFD Brokers for already more than a year and I am completely satisfied with their services.
JFD Brokers at a Glance
JFD provide the latest market insights from their expert analysts including proprietary institutional-grade fundamental and technical market analysis covering 8 asset classes. The experts produce a variety of insightful articles on a daily basis along with exclusive subscription-based content available for free. There are no setup or management charges but there is a 25% performance fee.
Are JFD Brokers regulated?
- An average of US Dollar 5 trillion in currencies is traded each day, making it the largest market by volume.
- JFD Brokers let you trade on a great selection of flexible and powerful trading platforms.
- Unfortunately, they do not provide a large range of instruments.
- The JFD MT5+ mobile application allows you to trade whilst on the go from within the palm of your hands from anywhere in the world with an internet connection.
The MAM is compatible with any method of trade generation, including manual trading, EA trading, mobile trading and custom FIX API. The classic desktop helps users stay in touch with the broker, experts and other traders. There are live broadcasts, market analysis and educational webinars. Keep up to date with the JFD Stream and catch up via the JFD Video archives.
Can I use guaranteed stop-loss orders with JFD Brokers?
MetaTrader4 (MT4) is an electronic trading platform developed by software company MetaQuotes. Users can use it to trade forex, precious metals and CFDs on stocks, commodities, cryptocurrencies, ETFs and ETNs, and indices. It is one of the most popular trading platforms used by millions of traders around the globe.
JFD Brokers traders can request assistance from the company’s multilingual support team via Live Chat, email, telephone, or social media. Some brokers offer bonuses as a way of welcoming or reimbursing customers for trading with that specific broker. These rewards are usually done by means of cashback programs, “Refer a Friend” programs or gift vouchers. JFD Brokers’ trading systems are designed to offer customers leverage ratios in accordance with the maximum permitted leverage limits that regulating bodies approve per market.
When it comes to offering investment services the company follows the directives and regulations of the Markets in Financial Instruments Directive (MiFID II) and is licensed by the same regulators. The minimum deposit for the account is $500 as we already mentioned in the intro to the review. This may be a bit high, but it will ensure full trading experience due to higher capital. If the margins are higher, make sure to understand that this means also higher losses/wins, even with the negative balance protection this can easily affect the total capital. JFD Brokers Guidants access is also available in the demo mode, so when you are opening the account, first select the demo account and the platform. With demo account you dont have access to the my-JFD client portal.
This ensures you can get the best possible prices from a deep liquidity pool with quick execution speeds and low spreads. The support is available per phone in several countries (Austria, Cyprus, France, Germany, Switzerland, United Kingdom, Russia and Czech Republic). JFD Brokers have offices in several countries too – Cyprus, Bulgaria and Germany. Client funds are fully segregated and kept in licensed financial institutions.
All levels of clientele receive the same fair-trading conditions across multiple trading platforms and devices, including the ever popular MetaTrader (MT4/MT5) platforms. JFD Bank is an established online broker that is multi-regulated. The broker offers a DMA/STP model and trading in 1,500+ instruments over 8 asset classes. This review covers JFD’s unique MT4+ and MT5+ platforms, spreads, commissions, and login process. The broker also offers one of the most popular CFD and Forex trading platforms in Germany, named stock3. JFD Brokers is an online broker providing investment services to individuals and institutions.
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. Yes, JFD Brokers is regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK. The company is committed to offering assistance with fairness, transparency, and integrity. The main difference is that when you invest in an ETF, you are investing into a fund that holds the asset it tracks, whereas an ETN is similar to a bond, and can be held to maturity, bought or sold at will. JFD Brokers frequently host webinars, seminars and other live events where you can increase your trading knowledge and strengthen your skills.
JFD Bank offers variable spreads and low to zero commission fees depending on order size and asset. FTSE spreads are typically 6 pips and 3.5 on US Dow Jones, which aren’t as competitive as other brokers. JFD offers superior platform additions to the well known MT4 experience. Clients can access their DMA/STP agency model called JFD’s Pure Agency model, which has the ability to connect to 20+ liquidity providers.
One of the main features of the MT5+ platform is the depth of market (DOM) capability which allows traders to see bid/ask prices that are as close to the market as possible. The DOM tool also shows the volume of orders at each price level. The MT4+ app displays the current market prices of all assets whilst it is possible to receive an overview of the price movements from your favourite instruments. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,anytime and anywhere you want.
I really think that these would already be overkill for most traders. However, they do offer some handy additional tools for copy trading and hosting your platforms. JFD Brokers have an exclusive version of the MT5 trading platform that comes fully equipped with advanced chart analysis and a full range of EAs. There is a unique Add-Ons package that features a variety of useful trading tools that are designed to further improve your trading strategies. Unless you are a really advanced trader, the platform and default tools should provide more than enough for yor trading strategies.