JDFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-16 18:48

Abstract：JDFX is a broker that provides innovative online financial products and services. The tradable instruments include 46 currency pairs, precious metals, crude oils, Indices, and CFDs. The broker also provides three accounts with a maximum leverage of 1:400, including gold, diamond, and platinum. The minimum spread is from 0.0 pips and the minimum deposit is $0. JDFX is still risky due to its exceeded status.

JDFXReview Summary
Founded	2013-06-13
Registered Country/Region	New Zealand
Regulation	Exceeded
Market Instruments	Currency pairs/Precious metals/Crude oils/Indices/CFDs
Demo Account	✅
Leverage	Up to 1:400
Spread	From 0.0
Trading Platform	MT4(PC(Windows)/Mobile(iOS/Android))
Min Deposit	$0
Customer Support	Phone: +64 9 973 2060
	Web message
	WhatsApp/Telegram/Facebook/Instagram/Twitter/Messenger

JDFX Information

　　JDFX is a brokerthat provides innovative online financial products and services. The tradable instruments include 46 currency pairs, precious metals, crude oils, Indices, and CFDs. The broker also provides three accounts with a maximum leverage of 1:400, including gold, diamond, and platinum. The minimum spread is from 0.0 pips and the minimum deposit is $0. JDFX is still risky due to its exceeded status.

Pros and Cons

Pros	Cons
Leverage up to 1:400	Exceeded
MT4 available	No 24/7 customer support
Spread as low as 0.0
Demo account available
Various tradable instruments

Is JDFX Legit?

　　JDFX is regulatedby the Financial Service Providers Register with license number 302606, but the current status is exceeded.

What Can I Trade on JDFX?

　　JDFX offers 46 currency pairs, precious metals, crude oils, Indices, and CFDs.

Tradable Instruments	Supported
Crude oils	✔
Indices	✔
CFDs	✔
Currency pairs	✔
Precious Metals	✔
Commodities	❌
Forex	❌
Stocks	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　JDFX has three account types: gold, diamond, and platinum. Traders who want low leverage can choose a platinum account, while those with a sufficient budget can open a gold account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type	Gold	Diamond	Platinum
Minimum Deposit	$0	$500	$100000
Spreads	From 0.0	From 0.0	From 0.0
Max leverage	1:400	1:400	1:100
Minimum Lots	0.01	0.01	0.01
Commission USD	$10 per lot	$7 per lot	$4 per lot

JDFX Fees

　　The minimum spread is 0.0, the commission is from $4 per lor. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

　　JDFX cooperates with the authoritative MT4 trading platform available on PC(Windows)and mobile(iOS and Android) to trade. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC(Windows)/Mobile(iOS/Android)	Junior traders

Deposit and Withdrawal

　　The minimum deposit is $0. JDFX accepts Local Bank Wire, International Bank Wire, Visa, and MasterCard for deposit and withdrawal. The Withdrawal process time is 1-2 business days as well as 3-5 business days for the funds to traders' accounts. The fees are from 0.

Deposit Methods	Deposit Time	Min Deposit	Fees
Local Bank Wire	1business day	-	Free
International Bank Wire	1-2 business day	$100	Bank fees
Visa/ MasterCard	Instant	$50	Free

Withdrawal Methods	Withdrawal Time	Min Withdrawal	Fees
Local Bank Wire	1-2 business days	-	Free
International Bank Wire	3-5 business days	-	From $35+
Visa/ MasterCard	1-2 business days	$50	4.5%