JFD Brokers is a forex broker that was registered in Cyprus in 2011, with its headquarters located in Limassol. This broker primarily offers users trading services in financial derivatives such as indices, forex, precious metals, stocks, cryptocurrencies, commodities, and more. However, the broker does not provide its services to the United States, Russia, Belarus, Poland, Latvia, Japan, Australia, New Zealand, Singapore, Egypt, the Czech Republic, and the United Kingdom.
Corporate Background
JFD Brokers is a broker offering trading services in indices, forex, precious metals, stocks, cryptocurrencies, commodities, and more, with the registered entity being JFD Group Ltd., headquartered in Cyprus. According to information obtained from a Whois search, JFD Brokers' official website domain was registered on September 2, 2011.
Regulatory Information
JFD Group Ltd is a regulated forex broker, overseen by the Cyprus Securities and Exchange Commission (CySEC), holding a regulatory license with the license number 150/11.
JFD Overseas Ltd is regulated by the Vanuatu Financial Services Commission (VFSC) and holds a regulatory license, with the license number 17933.
Trading Products
JFD Brokers offers a variety of trading products, including indices, forex, precious metals, stocks, cryptocurrencies, commodities, and more.
- Indices: Trading indices with JFD Brokers allows for minimal costs with the opportunity to trade a small portion of the instrument at a minimum trading size of 0.1 CFD. Unlike other popular trading currencies, indices are popular for their consistent trends, making them more predictable.
- Forex: One of the largest and most exciting markets in the world, its prices are influenced by factors such as interest rates, inflation, government policies, employment data, and import/export demands. Compared to the stock market, it offers a lucrative large market due to the availability of leverage, ease and speed of trading, and lower risk.
- Precious Metals: Trading forex and precious metals with JFD Brokers offers highly competitive spreads, low trading costs, complete anonymity, and total transparency.
- Stocks: Stocks of large tech companies may be unaffordable for small accounts. Leveraging stocks CFDs allows investors to achieve desired results without a large initial investment.
- Cryptocurrencies: Provides investors the opportunity to leverage modern cryptocurrency trends and invest in contracts for difference (CFDs) in cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Enjoy fractional trading of these currencies and discover how these volatile instruments operate with smaller amounts. Bitcoin is a peer-to-peer digital currency and has become one of the most popular financial instruments.
- Commodities: Throughout history, commodity markets, oil or natural gas have had a significant impact on countries and peoples. Commodities come in different categories but are supported by the same basic economic principle: reduced supply equals price increase. Commodities are a great opportunity to diversify investors' portfolios, try new things, and go beyond traditional securities.
Trading Platforms
JFD Brokers offers investors the renowned trading platforms in the forex market, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and STOCK3.
- MetaTrader 4 (MT4): This platform adds over 500 instruments from 8 asset categories including forex, precious metals, indices (cash and futures), stocks, cryptocurrencies, ETFs, and ETNs to the MT4 platform.
- MetaTrader 5 (MT5): With MT5+, users can now directly access more than 1,500 instruments from 9 asset categories through 20+ LPs (prime banks, non-bank LPs, and MTFs).
- STOCK3: STOCK3 offers a highly interactive, social way of trading within an intuitive interface, allowing users to trade over 1,500 instruments across 9 asset categories. Based on a browser, the STOCK3 platform enables users to create their technical and fundamental methods with its customizable desktop and an extensive range of free widgets.
Account Registration
Here are the specific steps for registering an account on the JFD Brokers official website:
First, open JFD Brokers' official website and click "Log in to My JFD" at the top right corner of the website.
Then, click "SIGN UP".
Finally, complete the account registration by filling in the information according to the steps.
Deposit and Withdrawal Methods
JFD Brokers offers a variety of deposit and withdrawal options, such as bank transfer, SOFORT, Payabl, Skrill, NETELLER, nuvei, and more.
Customer Support
JFD Brokers provides 24/5 multilingual support, available through multiple channels including phone support, email support, and online chat.
- Phone Support: +49 40 87408688.
- Email Support: support@jfdbrokers.com.
Conclusion
JFD Brokers, registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC), offers a wide range of trading products including indices, forex, precious metals, stocks, cryptocurrencies, commodities, and more. It's important for investors to remember that 72.90% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage.
Currently, JFD Brokers is marked as "Active" on TraderKnows.