JFD Bank Review 2022
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| JFD Bank offers comprehensive trading services, complete with MT4 and MT5 platforms and a range of products. | ||
JFD Bank is a multiple award-winning broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at JFD Bank.
In terms of features offered to traders, JFD Bank has Demo Accounts, Social Trading, Signals and Auto Trading but is missing Islamic Accounts.
JFD Bank also gives traders access to 4 cryptocurrencies: BTC, LTC, ETH and XRP.
Careful traders will be reassured knowing that JFD Bank is licensed to offer trading services by several regulators, 3 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.
JFD Bank Summary
JFD Bank offers comprehensive trading services, complete with MT4 and MT5 platforms and a range of products.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs |
| Demo Account | ✓ |
| Min. Deposit | $500 |
| Min. Trade | 0.01 lots |
| Regulated By | CySEC, VFSC, BaFin |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✓ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✓ |
| Copy Trading | ✓ |
| Islamic Account | ✗ |
CFD Trading
Start investing in financial markets with flexible contracts for difference.
| Leverage | 1:400 |
|---|---|
| FTSE Spread | 6.0 |
| GBPUSD Spread | 3.5Â |
| Oil Spread | Floating |
| Stocks Spread | Variable |
Forex Trading
JFD offers forex trading on a portfolio of majors, minors and exotics.
| GBPUSD Spread | 3.5 |
|---|---|
| EURUSD Spread | 1.8 |
| EURGBP Spread | 1.3 |
| Assets | 66 |
Cryptocurrency Trading
Trade crypto CFDs against the US Dollar with low fees.
| Spread | Floating |
|---|---|
| Coins | BTC, LTC, ETH, XRP |
Payment Methods
JFD Bank accepts the following payment methods:
- Credit Card
- Visa
- Mastercard
- Skrill
- Neteller
- Sofort
- SafeCharge
Awards
JFD Bank is a multiple award-winning broker, with 3 awards received so far.
- Fastest Growing Forex Broker Europe 2020 - Global Banking & Finance Review
- Best OTC Brokerage Western Europe 2020 - International Business Magazine
- Fastest Growing Financial service company Western Europe 2020 - International Business Magazine
FAQ
Is JFD Bank Safe?
Yes, most likely, as we gave JFD Bank a trust score of 70% in this review. The main negative factor in this score is that JFD Bank is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does JFD Bank Accept PayPal?
No, JFD Bank does not accept PayPal payments.
Is JFD Bank Halal?
Probably not, as JFD Bank does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
What trading platforms does JFD Bank support?
With JFD Bank you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.
Is JFD Bank Regulated in the UK?
No, JFD Bank is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives
Is JFD Bank Regulated?
Yes, JFD Bank is regulated by 3 different regulators: CySEC, VFSC and BaFin .
The fact that JFD Bank is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.
JFD Bank vs Other Brokers
If you want to compare JFD Bank with other brokers, use the detailed comparisons below.
- Alpho vs JFD Bank
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- JFD Bank vs City Credit Capital
- JFD Bank vs Degiro
- JFD Bank vs HYCM
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- NicoFX vs JFD Bank
- Varianse vs JFD Bank
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| JFD Bank offers comprehensive trading services, complete with MT4 and MT5 platforms and a range of products. | ||