What is JFD Brokers?
JFD Brokers is a forex and CFD broker based in Cyprus, listed with a foundation year of 2007. It offers leverage up to 1:400, spreads from 0.1 and a minimum deposit of $500. Clients trade on MetaTrader 4 (MT4) and on mobile.
Is JFD Brokers safe and regulated?
JFD Brokers is regulated by Germany (Registration number: 126399), registered with the FCA in the UK (Registration number: 580193), the French Autorite de Controle Prudentiel Banque de France - ACP (Registration number 74013),. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
JFD Brokers account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $500 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
JFD Brokers provides MetaTrader 4 (MT4), so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.1 are available on raw pricing, with a commission per lot.
- Leverage up to 1:400 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
JFD Brokers supports 3 funding methods, including Bank wire, Credit Card, IGOFX Debit Card. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
JFD Brokers bonus: Yes
How the promotion works
The current JFD Brokers promotion is Yes. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the JFD Brokers website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
JFD Brokers pros and cons
Pros
- Raw spreads from 0.1
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- Regulated by a tier-1 authority
Cons
- $500 minimum deposit is higher than some rivals
How to open a JFD Brokers account
- RegisterVisit the JFD Brokers website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $500 with Bank wire, Credit Card, IGOFX Debit Card.
- Start tradingLog in to MetaTrader 4 (MT4) or the mobile app and set your risk per trade.
Is JFD Brokers a good broker? Our verdict
JFD Brokers suits active traders who want raw spreads, freedom to scalp or trade the news. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.