JFD Brokers at a glance
Founded in 2011, JFD Brokers is an international electronic multi-asset broker operating under Cyprus Investment Firm JFD Group Ltd (CySEC Licence No. 150/11) and offshore entity JFD Overseas Ltd (VFSC Licence No. 17933). The broker delivers 100% DMA/STP post-trade transparent execution across 1,500+ instruments, including real physical cash equities, physical ETFs, forex currency pairs, indices, commodities, and cryptos via MetaTrader 4+ (MT4+), MetaTrader 5+ (MT5+), and Stock3.
JFD Brokers reports a founding year of 2011 and a head office in Limassol, Cyprus. It lists 5 regulators and 7 trading platforms.
BrokerBazaar verdict
JFD Brokers (JFD Group Ltd / JFD Overseas Ltd) is a veteran European multi-asset brokerage established in 2011. Supervised by CySEC in Cyprus and MiFID II passported across the EEA, it sets an industry benchmark for 100% DMA/STP agency execution and post-trade transparency. Offering both real physical shares and raw-spread CFDs, it carries low counterparty default risk for European and international traders.
Legal entities, regulation and licences
JFD Brokers operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by light-touch offshore regulators only.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
JFD Brokers states that it accepts clients from European Union / EEA member states, plus international non-EU retail onboarding through Vanuatu entity (excluding United States, Canada, Japan, Belgium, and sanctioned countries). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Real Physical Equities, Physical ETFs, Forex Pairs, Index CFDs, Commodity CFDs, Precious Metals, Cryptocurrencies. Platforms: MetaTrader 4+ (MT4+), MetaTrader 5+ (MT5+), MT4/MT5 WebTrader, Stock3, FIX API, MT4, MT5. Account types: Individual Live Account, Joint Account, Corporate Account, Institutional Account, Islamic Swap-Free Account, Demo Account.
Best-for tags assigned by our team: DMA/STP Broker, Real Physical Stocks, MetaTrader 5, MetaTrader 4, Raw Spreads, Post-Trade Transparency, Scalping, Algorithmic Trading.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $100. Spreads start from 0.0 pips and commission is None (standard) · $2.50 (raw). Maximum leverage is 1:1000, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: SEPA Bank Wire Transfer, SWIFT Wire Transfer, Credit / Debit Card (Visa / Mastercard), Skrill, Neteller, SOFORT. Withdrawal methods: Bank Wire Transfer, Credit / Debit Card, Skrill, Neteller.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account: VFSC: Segregation expected under licence conditions. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: complaints@jfdbrokers.com. Phone: +357 25 878 530. Customer complaints are managed by the Compliance and Legal Affairs Department of JFD Group Ltd at Limassol, Cyprus. For EU retail clients, unresolved disputes can be escalated directly to the Financial Ombudsman of the Republic of Cyprus or resolved via European alternative dispute resolution mechanisms. Client funds are maintained in segregated trust accounts across Tier-1 European credit institutions. Eligible retail accounts under JFD Group Ltd are covered by the Investor Compensation Fund (ICF), providing statutory compensation up to €20,000 per client in the event of company insolvency. Non-EU international accounts contracted under JFD Overseas Ltd (VFSC Licence 17933) operate outside the European regulatory framework and are not covered by the Cyprus ICF.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Over a decade of operational stability with Tier-2 European regulation via CySEC (Licence 150/11)
- Strength: Pure 100% DMA/STP agency execution model backed by post-trade execution reports for complete transparency
- Strength: Offers real un-leveraged physical equities and physical ETFs alongside leveraged CFD derivatives
- Strength: Comprehensive platform flexibility supporting MetaTrader 4+, MetaTrader 5+, and Stock3
- Strength: Segregated client accounts in European credit institutions backed by the Cyprus ICF (€20,000)
- Limitation: Standard minimum deposit requirement of $500 / €500 is higher than modern neobroker standards
- Limitation: Non-EU international clients are onboarded through an offshore Vanuatu (VFSC) entity without ICF coverage
- Limitation: Physical stock trading carries minimum execution fees on non-promotional share transactions
- Limitation: No proprietary native mobile trading app, relying entirely on MetaTrader and Stock3 software
- Limitation: Retail trading services are unavailable to residents of the United States, Canada, and Japan
Who this broker suits, and who it does not
JFD Brokers is most relevant to traders looking for: DMA/STP Broker, Real Physical Stocks, MetaTrader 5, MetaTrader 4, Raw Spreads, Post-Trade Transparency, Scalping, Algorithmic Trading.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
JFD Brokers change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for JFD Brokers yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about JFD Brokers
Data sources. Broker submission, the regulator registers linked above, CySEC register entity page 37654; JFD regulation page, web-archive and domain records, and third-party traffic data. Last register check 2026-10-10. External ratings: Sitejabber 1.8/5; Trustpilot 2.5/5; Forex Peace Army ( 3.3/5; rustFinance (TrustScore) 27/100; Verify.Trading (Risk Assessment) 74/100.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with JFD Brokers through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.