JDFX Spreads, leverage, minimum deposit Revealed

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

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.

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.

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.

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.