JFD Brokers Review
JFD Brokers is a young but exceptionally fast-moving company, developed by German specialists and launched in December 2011. The broker is already recognized as one of the fastest growing and reliable brokerage firms (one of the top five MT4 brokers in the world). In less than 5 years, it has entered markets in over 60 countries on 5 continents. The head office is located in Limassol, other offices operate in Bulgaria, Germany, France.
Trading with JFD Brokers means:
- Direct access to the interbank market and to all major liquidity providers.
- JFD Brokers is authorized to act as a principal broker who acts only as an intermediary between his clients, liquidity providers and the main exchanges.
- The complete absence of a conflict of interest with its customers.
- The revenue model is based strictly on commission. The company is interested in profitable customer transactions.
- Being a 100% agency model with 100% STP / DMA market execution, JFD Brokers offers transparent pricing (does not hide the markup in spreads). It welcomes trading with all kinds of advisors, allows scalping and hedging.
- In accordance with the requirements of MiFID, post-trading transparency (Transaction Report) is provided and it is the only broker who, at the client’s request, can indicate who executed the transaction (a bank or another liquidity provider), when, how quickly and at what price.
- The JFD Brokers guarantees complete anonymity. The liquidity providers are not able to see established levels of ‘Stop Loss’ and ‘Take Profit’.
- Execution of orders according to the “Fill or Fill” principle (without requotes) with the possibility of positive or negative slippage (no broker intervention).
In the unlikely event of JFD Brokers bankruptcy, customer funds will not be affected as they are not part of the company’s assets. All clients’ funds are completely separated into a special client account and are kept separately from the company’s capital. This separation ensures that customer funds will not be used to pay creditors in the emergency situation. All funds are kept in the best banking institutions in Germany and the UK, including such as Wirecard Bank AG, Barclays Bank UK and Royal Bank of Scotland UK.
Other Services
Multiple language Customer Support service is available 24/5 tby means of online chat, phone, email.
Online training seminars for beginners and experienced traders in various languages are held every week.
JFD Brokers does not charge a client transaction processing fee. Replenishment of the account and withdrawal of cash is possible by bank transfer and using a credit / debit card.
The JFD Research team regularly conducts technical and fundamental market research based on the experience of intraday traders and long-term investors. The results are published worldwide in several independent financial publications and are provided freely to the broker’s clients.
Bonus Program and Feedback
The company does not offer any bonuses and cash shares, as they consider this type of advertising as short-term and highly risky for the client. Due to the built-in commission-based revenue scheme, the company is only interested in long-term relationships with its customers.
At the moment, reviews on working with the JFD broker are mostly enthusiastic. Only rarely the absence of the usual bonuses is noted as a negative point, and occasionally there are delays in the withdrawal of funds.
All types asset on a single account.
All funds are kept on fully segregated deposits in world-class banks.
More 20 liquidity providers.
