CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of the retail investor accounts lose money when trading CFDs with JFD. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.

In terms of trading platforms, JFD is one of only a few brokers world-wide offering the German-made trading platform known as Guidants. This is a well-designed and intuitive trading platform made for the retail market, available both in a web-based and desktop-based versions. When it comes to account types, JFD is a bit different from many other brokers in that it only offers one type of trading account to all of its clients. This means that the fee structure, including spreads and commissions charged by the broker, is more transparent and easier to grasp for everyone. Depending on the platform chosen, members can trade up to 1500+ instruments across 8 assets.

Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process. JFD jfd bank review Bank is a decent all-around agent, offering a broad scope of instruments on unique stages. Be that as it may, this present merchant’s spreads on driving tools are not the most serious.

JFD bank review for platforms offered

JFD offers these tools for free in the package, which can be downloaded from the website and installed via the EXE file. Just as interesting is the ‚Stealth order‘, which principally only earmarks orders from the platform. Only once the price level is reached will the add-on turn it into a market order. One fifth of the lot size is charged for indexes and commodities, amounting to 0.20 euros (round turn) for a CFD contract. Adding this to the spread we still end up with a mere 1.1 points in the DAX.

• JFD is actually a large group of companies that is referred to as „JFD Bank“ of late and consists of three parts.
• A Plus500 economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies.
• A forex broker would traditionally buy and sell currencies on your behalf.

In order to be sure that JFDBank is not a scam, read our trader reviews and check other popular trading related websites and forums. Plus500 allow traders to trade financial markets on iOS, Android supported mobile devices. When registering with Plus500 you must check with regulatory body your
Plus500 trading account falls under. Even though you are a resident of the UK for example
your account may fall under regulatory rules outside the jurisdiction of the FCA.

Trading Platforms

JFD Bank often affords users a free stock for simply opening an account with them,
but at other times requires users to take certain actions, such as making a minimum deposit or actually making a trade. JFD Bank offers trading financial instruments to its 10,000 customers. All-in-all and measured by the other features such as the post-trade transparency, free physical share trading, and broad offer of CFDs, JFD is not too expensive in any case. Members can deposit and withdraw funds securely by logging into My JFD. Here, funds can be transferred from one JFD account to another without any charges.

?? Would you recommend me choosing JFDBank?

JFD Bank does not offers the Metatrader 4 (MT4) trading platform. As most investors are already aware, it is better to purchase physical stocks than CFDs when making long-term investments. Many traders don’t realize that the leverage with CFDs comes with a cost that actually eats away on the profits over the long-term. For shorter-term trading, however, leveraged CFDs are ideal since they give traders the opportunity to make meaningful profits even with a small amount of capital. JFD is thus one of the very few brokers where I feel in safe hands, based on my personal experience.

JFD Bank Portfolio and fee reports

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software
to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system,
and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one’s trading.

All in all, we are of the opinion that JFD Bank is a solid choice in particular for traders who would like access to physical stock trading. We also like the broker’s Guidants trading platform, and believe many traders will enjoy trying out this platform. As a fully regulated European broker, we are also confident that JFD Bank can be trusted to abide by its obligations to all clients. For traders who still prefer more familiar trading platforms, however, JFD also offers trading on both the MetaTrader 4 & 5 (MT4/MT5). JFD charges commissions on all CFD and forex trading, but spreads are generally quite tight.

On the other hand, the fact that there is only one account type means that the broker is likely offering some better conditions, most likely resulting in the larger deposit with them. Fortunately, this amount is realistic, even if one may have to save up for a moment to afford an account. The JFD Group was established in 2011 by proficient dealers hoping to address the absence of straightforwardness on the lookout. The honor-winning organization is settled in Cyprus, with office branches in (Ludwigsburg) Germany, (Madrid) Spain, Bulgaria, and Vanuatu.

Offers Crypto Crosses

This review covers JFD’s unique MT4+ and MT5+ platforms, spreads, commissions, and login process. MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the
Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis.

The physical share trading is completely free of charge, after all, which makes a 10 euro commission for trading stock CFDs questionable, to say the least. And finally the group also includes the „JFD Bank AG“, which is based in Munich and consequently licenced and regulated by the „German Federal Financial Supervisory Authority“ (BaFin). This JFD Bank AG deserves a little more attention as it equips JFD with something of a unique selling point as a broker.