JFD Group Ltd, JFD Overseas Ltd.
Founded in 2011
Online since 2012
Cyprus Securities and Exchange Commission (Cyprus), Federal Financial Supervisory Authority (Germany), Financial Conduct Authority (UK)
When it comes to selecting a trading broker, a comprehensive review can equip you with all the necessary insights and knowledge. Today, we will examine JFD Brokers - a serious regulated broker founded by JFD Group Ltd and JFD Overseas Ltd back in 2011. Since 2012, they have managed to maintain a steady online presence, carving their name in the finance industry.
Starting on a new platform can be daunting, especially if it involves a considerable sum of money. Fortunately, with JFD Brokers, beginners can commence their trading adventure with a mere $500 initial account deposit - a relatively low threshold.
When it comes to leverage, traders often appreciate a more considerable size; that's where JFD Brokers shine as they offer 'recwfLVykrCydoBIr' in max leverage. Leverage, when used correctly, gives traders the ability to boost their returns. Yet, it's important to highlight that while higher leverage can multiply your profits, it can also multiply your losses.
It is also worth noting that the minimum position size is 0.01, providing traders with flexibility in scaling their positions.
JFD Brokers hits the mark when it comes to providing attractive features for its users. The broker offers free educational resources, opening the door for both novice and experienced traders to continually grow their trading skills and financial knowledge.
For those interested in Multi Account Manager (MAM) or Percent Allocation Management Module (PAMM) accounts, JFD Brokers oblige with availability. These offerings can significantly help traders manage multiple accounts or pool funds for investment opportunities.
Additionally, the broker facilitates Managed accounts and provides VPS services. Managed accounts are advisable for traders who prefer professionals to handle their trading actions. On the other hand, a Virtual Private Server (VPS) assures continuous and reliable trading operations.
One of the standout features of JFD Brokers is its provision of segregated accounts. These accounts ensure client funds are separate from the company's funds, offering an extra layer of security and peace of mind to traders.
If you are a trader who keeps a close eye on spreads, JFD Brokers won’t disappoint. With low spreads, traders can potentially maximize their profits as their transaction costs are minimized.
JFD Brokers maintains a good broker average rating of 7. However, please note that it does not cater to US Traders, which may be a drawback for investors residing in the United States.
It's always reassuring to know that your broker is under stringent regulation, and with JFD Brokers, this is the case. Being under serious regulation points towards the credibility of the brokers and the security of your investment.
In conclusion, despite having some misses, JFD Brokers provides a (mostly) all-round quality offering with an emphasis on education and security - two essential ingredients in the world of trading. From low minimum deposits to a host of insightful features, JFD Brokers aims to cater to diversified trading needs, making it an option worth considering for many traders.