Score

7.33 /10
Good

JFD

Regulated in Cyprus

Market Maker (MM)

MT4 Full License

United Kingdom European Authorized Representative (EEA) Unsubscribed

Medium potential risk

Offshore Regulated

C

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Quantity 3

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Score

Regulatory Index6.32

Business Index8.49

Risk Management Index8.22

Software Index9.67

License Index6.32

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Company Name

JFD Group Ltd

Company Abbreviation

JFD

Platform registered country and region

Cyprus

Company website

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WikiFX Risk Alerts 2
Previous Detection : 2025-07-08
  • United KingdomFCA (license number: 580193) The regulatory status is abnormal, the official regulatory status is Unsubscribed. Please be aware of the risk!
  • The Vanuatu VFSC regulation with license number: 17933 is an offshore regulation. Please be aware of the risk!

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Pyramid scheme complaint
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Unable to Withdraw

Unable to withdraw

At first, I just wanted to find other ways to increase my income. Then, I joined the official line account after seeing the FB advertisement. At first, the editor asked me to use Huobi to make a deposit of 3000. Later, the system customer service opened a platform account and then found a specialist to operate it for me. Then, they said that there is a reward of 7000, but to be able to withdraw the money, it takes 30 times of the principal to withdraw, which is 30 times of the 10,000. Then there will be appointments for the practice from time to time until the commissioner said that it can be withdrawn after the end of the practice yesterday so I provided my account the platform. The customer service said the bank's business hours, so they will handle it today, but later they said that the financial control department said that the account was filled incorrectly and could not withdraw the money. The original profit will be refunded, but the money can only be withdrawn after the operation has reached 3 times the transaction volume and tell me that commissioner will help me. I asked the commissioner to assist and then I also told the commissioner that the commissioner said that he could assist, but the technical commission in the front has to be paid first, and the total cost is 51,000. If you don’t pay first, you can’t do the next action. I told him that I don’t have any money, but he said that he can help me pay more than 20,000 and I will handle the rest and then continue to operate after paying. I have always said that I have no way to pay. I always spend all my money in that month and I have lots of debt. Although it is nothing for now but I'm worried about my account.

FX8293462832
2022-01-21 19:22
JFD · Company summary
JFDReview Summary
Registered On2011-09-02
Registered Country/RegionCyprus
RegulationRegulated
Market InstrumentsForex, Commodities, Stocks, Cryptocurrencies, Precious Metals, Indices, and ETFS/ETNS
Demo Account
LeverageUp to 1:400
Spread/
Trading PlatformMT4+ and MT5+ (Desktop, Web, and Mobile), stock3
Min Deposit500 EUR/CHF/GBP/USD
Customer SupportLive Chat 24/5
support@jfdbrokers.com
+49 40 87408688
LinkedIn, Twitter, Facebook, Telegram

JFD Information

Founded in 2011 and headquartered in Cyprus, JFD Brokers is a global online trading brokerage. Its core business covers multiple asset classes, including forex, precious metals, stocks, and cryptocurrencies, supporting mainstream trading platforms such as MetaTrader 4/5 (MT4+/MT5+). Regulated by authorities like the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC), client funds are held in segregated accounts at top-tier credit institutions.

JFD

Pros and Cons

Pros Cons
Regulated (CYSEC)Restrictions in some countries (e.g., China, the United States)
Over 1,500 trading instrumentsHigh fees of up to 3.25% (for some payment methods)
Available on MT4+/MT5+

Is JFD Legit?

JFD is regulated by authoritative institutions such as CySEC and VFSC. It should be noted that VFSC is an offshore regulated license (No. 17933). Traders can check JFD's information on the CySEC website using license number 150/11.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
CySEC
CYSECJFD GROUP LTDMarket Maker (MM)150/11Regulated
VFSC
VFSCJFD Overseas LtdRetail Forex License17933Offshore Regulated
regulated
FCAJFD GROUP LTDEuropean Authorized Representative (EEA)580193Unsubscribed
regulated

What Can I Trade on JFD?

JFD supports 9 major asset classes, covering over 1,500 instruments, including forex, precious metals, indices, stocks, cryptocurrencies, commodities, and ETFs/ETNs.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Precious Metals
Indices
ETFs/ETNs
Bonds
Mutual Funds
asset classes,

Account Type

JFD offers a single account system, and traders can also choose a demo account to test platform functions and strategies.

CompanyJFD Group LtdJFD Overseas Ltd
Margin Call Level100%100%
Stop Out Level50%50%
Negative Balance ProtectionYesNo
Account Base CurrenciesUSD/GBP/EUR/CHF
Minimum Deposit500 USD/GBP/EUR/CHF
Segregation of FundsYes

JFD Fees

Trading costs

Commission on CFDs, FX & MetalsYes
US Physical Stocks: 0.05 USD Per Share / Minimum Ticket Charge $3EU Physical Stocks: 0.15% off Order Volume / Minimum Ticket Charge 3EUR
Commission on Physical StocksSpanish Physical Stocks: 0.20% of Order Volume / Minimum Ticket Charge 6 EUR
Overnight Financing / SwapsYes (excluding CFDs on Futures Contracts)
Overnight Financing costsYes, are calculated for CFDs on Stocks & Cash Indices: 3.25% +/-Respective Benchmark Rate.
Platform FeesNo

Deposit and withdrawal fees

PaymentMethodFee
DepositBank transfer (e.g., Sofort)1.8% + fixed fee
Online payment (e.g., Skrill)From 0.25 EUR + 1.7%-3.25%
Credit card1.95%-2.95%
WithdrawalCredit card0.25 EUR authorization fee + 2 EUR refund fee
Skrill/Neteller1%-2% (up to 30 USD)

Inactivity Fee

If an account has no trading activities or deposits for three consecutive months, it will be considered inactive. A monthly inactivity fee of 20 EUR/USD/GBP/CHF (based on the account's base currency) will be charged. Accounts with no deposits are exempt from this fee.

Leverage

The default leverage for forex is a 3%-5% margin, equivalent to 20-33 times leverage. Professional clients can apply for a minimum margin of 0.25%, with a maximum leverage of 400 times.

Trading Platform

JFD offers MT4+ and MT5+, supporting desktop, web (no download required), and mobile versions. In addition, it also provides Stock3, a popular social trading platform in Germany.

Trading PlatformSupported Available Devices Suitable for
MT4+Desktop, Web, and MobileBeginners
MT5+Desktop, Web, and MobileExperienced Traders
stock3WebAll
MT4

Deposit and Withdrawal

DepositThe minimum deposit is 500 EUR/USD/GBP/CHF. Deposit methods support bank transfers (SEPA/Sofort), online payments (Nuvei, Skrill, Neteller), and credit cards (VISA/MasterCard). The supported account currencies are EUR/USD/GBP/CHF, while deposits can be made in over 30 currencies (with automatic conversion).

Withdrawal

Withdrawals are prioritized to be returned via the original deposit method. Funds deposited via online payments will be refunded to the original online source first, and any remaining balance will be transferred via bank transfer. For European regions, the funds will arrive within 2-5 working days, while non-European regions take 4-7 working days.

News

NewsWIKIFX REPORT: Will Amadeus IT Stock Make Another Push Higher?

Looking at the technical picture of the Amadeus IT Group SA (BME: AMS) stock on our 4-hour chart we can see that as of yesterday, the share price managed to overcome a short-term tentative downside resistance line taken from the high of May 30th. For now, AMS continues to trade above that line, meaning that more byers might see it as a good sign to step in. We will take a positive approach for now.

WikiFX
2022-10-25 13:53
WIKIFX REPORT: Will Amadeus IT Stock Make Another Push Higher?

NewsWIKIFX REPORT: Can USD/ZAR Go For A Higher High?

Looking at the technical picture of USD/ZAR on our daily chart, we can see that after reversing higher at the end of March, the pair is now trading above a short-term upside support line taken from the low of April 13th. That said, the rate is currently trading below a key resistance area between the 16.1848 and 16.3195 levels, marked by the highs of June 13th and May 16th respectively. In order to aim further north, we would prefer to wait for a push above that resistance area first.

WikiFX
2022-10-25 13:48
WIKIFX REPORT: Can USD/ZAR Go For A Higher High?

NewsWIKIFX REPORT: Will Amadeus IT Stock Make Another Push Higher?

Amadeus IT Group SA has risen higher in 8 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 72.73%. Looking at the technical picture of the Amadeus IT Group SA (BME: AMS) stock on our 4-hour chart we can see that, today, the share price managed to overcome a short-term tentative downside resistance line taken from the high of May 30th.

WikiFX
2022-09-06 19:20
WIKIFX REPORT: Will Amadeus IT Stock Make Another Push Higher?

NewsWIKIFX REPORT: Waiting For The Fraport AG Stock To Exit The Range

Looking at the technical picture of the Fraport AG (ETR: FRA) stock on our daily chart, we can see that from around the beginning of March, the share price is trading in a range, roughly between the 45.50 and 55.12 levels. Before entering the range, the prevailing trend was to the downside. The price is currently closer to the lower bound of that range, meaning that there is a good chance to see a breakout lower. That said, as long as the stock continues to stay inside that range, we will keep a neutral approach.

WikiFX
2022-09-06 19:18
WIKIFX REPORT: Waiting For The Fraport AG Stock To Exit The Range

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Kristy780996
3-6months
I must share my recent extremely unpleasant experience with JFD Brokers. As a brokerage that claims to be professional and reputable, their actions are shocking and completely unacceptable. I initially deposited only $15,000 into my trading account with JFD Brokers and successfully withdrew $21,583.37 during my trading activities. However, when my account had accumulated approximately $40,000 in profits, JFD Brokers arbitrarily cancelled my account and deducted all my profits! This behavior is clearly unjustified, raising serious suspicions that they acted simply because I earned “too much” profit from my trading. As a brokerage claiming professionalism and credibility, such actions not only violate the principles of fair trading but also betray the trust of their clients. I have already filed an official complaint with the Cyprus Securities and Exchange Commission (CySEC), urging the regulatory authority to investigate and take appropriate actions. I strongly condemn this irresponsi
I must share my recent extremely unpleasant experience with JFD Brokers. As a brokerage that claims to be professional and reputable, their actions are shocking and completely unacceptable. I initially deposited only $15,000 into my trading account with JFD Brokers and successfully withdrew $21,583.37 during my trading activities. However, when my account had accumulated approximately $40,000 in profits, JFD Brokers arbitrarily cancelled my account and deducted all my profits! This behavior is clearly unjustified, raising serious suspicions that they acted simply because I earned “too much” profit from my trading. As a brokerage claiming professionalism and credibility, such actions not only violate the principles of fair trading but also betray the trust of their clients. I have already filed an official complaint with the Cyprus Securities and Exchange Commission (CySEC), urging the regulatory authority to investigate and take appropriate actions. I strongly condemn this irresponsi
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2025-01-13 12:46
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개미-근酱
more than one year
Both MT4 and MT5 are available here, I am so happy that I can choose any of them to trade. Leverage is quite generous and the spread is very tight. BUT, profit withdrawal is too hard! I won’t believe them again! It's so stupid that I would naively believe their nonsense!
Both MT4 and MT5 are available here, I am so happy that I can choose any of them to trade. Leverage is quite generous and the spread is very tight. BUT, profit withdrawal is too hard! I won’t believe them again! It's so stupid that I would naively believe their nonsense!
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2022-11-21 17:48
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