Though launched only in December 2011, JFD Brokers quickly became one of the most respected MT4 brokerage firms. As for now, the company covers more than 60 countries on 5 continents. The headquarters is located in Limassol, Cypris, while other offices operate in Bulgaria, Germany, and France.
Regulated by CySEC (the strictest regulatory authority in Europe), the company is also a member of the Investor Compensation Fund (ICF) and works in full compliance with MiFID and VFSC requirements.
All funds which clients trust to JFD Brokers are fully segregated into special accounts so that the company cannot make free use of these investments. These segregated accounts are kept in licensed, reputable, and safe financial institutions in Great Britain and Germany such as Wirecard Bank AG, Barclays Bank UK, and Royal Bank of Scotland UK.
It is possible to open an account in EUR, CHF, GBP, USD; the minimum deposit is 500 units of money. The spreads start with 0.0 pips. The leverage is 1:400.
JFD Brokers does not charge clients any deposit/withdrawal fees. Depositing and withdrawing are possible via bank transfer and credit /debit cards.
The broker allows for trading:
As for the trading software, the broker supports MT4, MT5, and Guidants.
A very interesting point concerning this broker is that it has an additional level of insurance. If a client is not happy with the way how this broker fulfills required financial obligations, he/she can put a claim with ICF and get fully refunded.
Other advantages of JFD Brokers include:
It is also worth mentioning that the broker has a fast-responding customer center, which works 24/5, and troubleshoots clients’ issues via an online chat, phone, and email. Online training seminars for beginners and experienced traders are held every week in different languages.
We hope this JFD Brokers review was insightful and will help you make a weighted decision.