Trading on DAX and DOW is offered through reduced commissions on CFDs (0.1 per lot per side), while risks are controlled with mini lots on CFD trading and the right money management. Accounts can be opened in a reasonable selection of currencies including EUR, USD, GBP, jfd brokers CHF. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. Clients can transfer funds from one JFD account to another, without any charges, through the personal area in My JFD.
Your Superior MetaTrader 4 Platform
There is a monthly inactivity fee of $20 or the equivalent in the account currency. It is charged when there https://forexarena.net/ is no trading or funding activity on the account for 3 consecutive months. The inactivity fee is only charged if there are enough fees in the account and there is no inactivity fee for accounts that have not yet been funded. JFD Brokers provide cryptocurrency trading in popular cryptos including Bitcoin and Ethereum.
Start Your Trading Journey
It can run from any device at any time, maintaining most of the same features as the desktop platform. I like how the web platform is always up to date and you can access it from any device which can be helpful if you do not have your computer or mobile phone handy and need to borrow someone else’s. Client funds are held in fully segregated, licensed and top tier bank accounts, separate from the company funds. This helps to ensure that they remain secure and cannot be used for any other purposes such as business running costs.
JFD Bank AG
Discover some of the investing and trading strategies from well-known traders and take part in a wide range of webinars and seminars. JFD Brokers let you trade on a great selection of flexible and powerful trading platforms. You can opt to trade on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. MetaTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). They also offer the intuitive third-party Guidants platform which is equipped with an abundance of custom add-ons and indicators. All of these platforms can give you comprehensive market access via user-friendly interfaces.
The one account has access to all platforms and trading instruments, with direct market access (DMA) and STP execution. At JFD you can also trade real stocks, listed on major exchanges globally, from one single MT5+ account. Trading physical shares, a preferred choice by classical investors, allows you not only to further diversify your portfolio, but comes with the advantage of possessing a real asset which is tangible and has intrinsic value. 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. The entry of your online banking details and confirmation code occurs entirely in the secure payment form of SOFORT GmbH, where the merchant has no access.
JFD’s Improved MetaTrader 5
With MT5+, you now have direct access to more than 1500+ instruments from 9 asset classes, sourced from 20+ LPs (Tier 1 Banks, Non-Bank LPs and MTFs). In order to start live trading, you may choose an applicable payment method to fund the account or transfer money. The options include bank transfers, bank transfer with Sofort, which will include a 1.8% deposit fee, and online payments like Skrill with a 2.9% fee, Safecharge with a 1.95% fee, and UnionPay with no charges. Therefore, you should carefully check which payment method to choose along to consult applicable fees to perform fund transfers. The JFD MAM is a simple and powerful addition to the MetaTrader platforms which automatically allocates trades from any number of master accounts to any number of sub-accounts in real time. The MAM is compatible with any method of trade generation, including manual trading, EA trading, mobile trading and custom FIX API.
- JFD Brokers provides daily market news and analysis along with learning materials and data, webinars, and live events.
- JFD clients can get the StereoTrader add-on along with all of its useful features for just €29.90 per month.
- Accounts can be opened in a reasonable selection of currencies including EUR, USD, GBP, CHF.
- 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.
- Skrill was the first licensed e-money issuer in the UK and is authorised by the Financial Conduct Authority (FCA).
- To get started, login to My JFD,click on the Deposit section and make your selection.
It is one of the largest markets in the world in terms of trading volume. Forex prices are influenced by numerous different factors, including interest rates, inflation, government policies, employment figures and demand for imports and exports. The technical desktop has extensive charting possibilities, all of which are easily accessible directly from the charts.
This is to ensure that the services offered are suitable for you and for your own protection. You will also need to upload a form of identification (e.g. passport or driver’s license) and a proof of address such as a utility bill no more than 3 months old. Once your account has been verified, you will be able to fund it and commence trading. I found the process to be relatively straightforward and like how everything is done online as it should be nowadays.
JFD Brokers have a variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. I like the availability of digital wallets as I find this to be a quick and easy way to get access to my funds for trading. I don’t always want to wait around days for a bank transfer to clear in case I need to try and take advantage of some market news. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. JFD Overseas Ltd is only allowed to serve clients whose residence is in another third country.
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. 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. 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. 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’s annual financial reports are audited by leading financial auditors.
At JFD, we keep things fair and simple, empowering you to trade up to 1500+ instruments in 9 asset classes under multiple platforms with just one pricing, one set of trading conditions and one account type… for all clients! To make it easy for you, we have gathered below all the information you might need regarding our Account Specifications for your quick reference. You can get direct and anonymous access to 1,500+ instruments from 8 asset classes, including forex and precious metals, indices (cash and futures), cryptocurrencies, stocks, commodities, ETFs and ETNs. It is always refreshing to see a brokerage firm that provides physical stocks as many just provide Stock CFDs where you just speculate on the price without actually owning the underlying asset. At JFD Brokers, you can trade CFDs on 5 asset classes (stocks, indices, commodities, ETFs & ETNs, cryptocurrencies).
I have my own third-party VPS which is in invaluable tool for me to be able to run my automated systems and test brokers on multiple instances of the MT4 platform. JFD offer carefully selected VPS hosting solutions suitable for different trader requirements with special discounts. You can enjoy ultra-low latency access to the JFD server network, resting assured that strategies are running continuously. There are other brokers who provide a free VPS, including Switch Markets. Most of the main trading tools offered by JFD are already built within the trading platforms along with MetaTrader+ and MetaTrader StereoTrader.
