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JFD Bank Review
JFD Bank (previously known as JFD Brokers) is a European online broker offering access to global financial markets, including forex, indices, commodities, equities, bonds, ETFs, and cryptocurrencies. With a focus on pricing transparency, regulatory compliance, and professional-grade execution, JFD Bank serves both retail and institutional clients worldwide. In 2026, its emphasis remains on well-regulated trading, a diverse product suite, and advanced trading technology.
This detailed review explores the broker’s regulatory framework, tradable markets, platforms, fee structures, execution quality, deposit/withdrawal options, customer support, research tools, pros and cons, and overall suitability for different types of traders.
Company Background & Reputation
Founded in 2011 and headquartered in Limassol, Cyprus, JFD Bank operates under the umbrella of JFD Group Ltd, a financial services firm with a focus on transparency and client protection. JFD rebranded from JFD Brokers to JFD Bank as part of its expansion and regulatory strategy, intending to offer more comprehensive financial services beyond typical retail brokerage.
The broker has won awards for its execution, platform quality, and client service, and it positions itself as a professional alternative to larger, less personalized brokers.
Regulation & Safety
Regulatory Oversight
JFD Bank is regulated by the Cyprus Securities and Exchange Commission (CySEC), one of Europe’s most respected financial authorities. As a CySEC-regulated entity, JFD Bank must comply with the European Union’s Markets in Financial Instruments Directive (MiFID II), which governs conduct, transparency, reporting, and client money protection.
Key regulatory safeguards include:
- Segregation of client funds from company operations
- Periodic compliance audits
- Adherence to capital adequacy and reporting standards
- Mandatory risk disclosures
CySEC regulation is considered strong and credible, particularly when compared with brokers operating under less stringent offshore regimes.
Tradable Markets & Instruments
JFD Bank offers a broad range of instruments designed to support diversified trading strategies across global markets:
- Forex: Major, minor, and select exotic currency pairs
- Indices: CFDs on major global indices
- Commodities: Energy, metals, and agricultural products
- Stocks & Equities: CFDs on leading global companies
- ETFs: Exchange-traded funds across sectors and regions
- Bonds: Exposure to government and corporate debt instruments
- Cryptocurrencies: CFDs on popular digital assets (availability depends on jurisdiction)
This multi-asset coverage appeals to traders who seek a single provider for diversified exposure.
Trading Platforms & Technology
JFD Bank supports multiple platforms to meet the needs of different traders, from beginners to professionals.
MetaTrader 5 (MT5)
MetaTrader 5 is the broker’s flagship platform and offers:
- Advanced multi-asset trading support
- Built-in economic calendar
- Depth of market and order execution tools
- Integrated news and research feeds
- Automated trading with Expert Advisors (EAs)
MT5 is suitable for both discretionary and algorithmic traders due to its flexibility and power.
JFD Trading Platform
JFD Bank also provides its proprietary web platform, which features:
- Intuitive user interface
- Real-time charts and alerts
- One-click trading
- Risk management widgets
- News and analytics integration
This platform is ideal for traders who prefer a modern, browser-based experience without downloading software.
Mobile Trading
Both MT5 and the JFD web platform are available as mobile applications for iOS and Android, enabling trade execution and portfolio management on the go.
Account Types & Trading Conditions
JFD Bank offers a structured set of account types designed for a range of trader requirements.
Standard Account
Designed for most retail traders:
- Variable spreads
- Access to all major instruments
- Competitive execution speeds
- No hidden fees on standard trades
VIP & Professional Accounts
For higher volume and experienced traders:
- Tighter spreads
- Priority support and relationship management
- Reduced financing costs
- Potential access to bespoke conditions
Professional account classification may require proof of experience and financial capability.
Islamic / Swap-Free Accounts
In compliance with Sharia law, JFD Bank provides Islamic swap-free accounts on request, eliminating overnight interest charges while maintaining functional trading terms.
Demo Accounts
Demo accounts are available and simulate live market conditions without financial risk, enabling traders to test platforms, strategies, and execution quality before committing real capital.
Pros
- Established in 2011
- Segregates client funds
- Regulated by CySEC
- Min. deposit from $500
Cons
- Not ASIC Regulated (See alternatives)
- Limited range of instruments
A minimum deposit of $500 is required to create a live account. Alternatively, JFD Bank provides a demo account that you may use to experiment and become acquainted with their platform.
CySEC (Licence: 150/11) regulates the company. JFD Bank keeps every customer funds in a separate bank account and works with tier-1 institutions to do so. JFD Bank was founded in 2011 and has its headquarters in Cyprus.
While we’re in the specifics of JFD Bank’s spreads, fees, platforms, and trading tools, you might also want to open their website in a new tab by clicking the button below to get the most up-to-date information.
Fees, Spreads & Trading Costs
Trading costs at JFD Bank are transparent and built into competitive spreads or commission structures, depending on the instrument and account type.
Spreads & Execution Table
| Asset Class | Spread / Cost | Commission |
|---|---|---|
| Forex Majors | From 0.6 pips (EUR/USD, GBP/USD) | Spread-based (no commission) |
| Indices | Index spreads vary by market (e.g., US30, UK100) | Spread-based |
| Commodities | Varies by product (e.g., Gold, Oil) | Spread-based |
| Stocks & Equities | Standard CFD spreads | Commission per share traded |
| ETFs | Varies by ETF | Commission per share traded |
| Cryptocurrencies | Wider volatility-adjusted spreads | Spread-only or fee included |
Note: Actual spreads may vary based on market conditions, time of day, and account classification.
Overnight & Swap Charges
Positions held overnight incur swap or financing fees. These are calculated based on interest rate differentials and instrument-specific costs. Islamic accounts substitute swap fees with administrative charges.
Non-Trading Fees
JFD Bank generally does not charge inactivity fees, but non-trading charges may include:
- Withdrawal fees (if applicable, depending on method)
- Currency conversion fees
- Specific product financing costs
Fees and conditions are published clearly in the broker’s fee schedule.
Leverage & Margin Requirements
Leverage magnifies gains and losses and varies based on regulatory jurisdiction and instrument type:
- Forex majors: Up to 1:30 (retail traders under MiFID II)
- Commodities & indices: Lower limits depending on volatility
- Professional traders: Higher leverage if eligibility criteria are met
Margin requirements increase during heightened volatility and for larger positions.
Order Execution & Liquidity
JFD Bank uses a low-latency execution model with deep liquidity pools from reputable financial partners. The broker emphasizes fair and timely execution rather than re-quoting prices manually.
During normal market conditions, execution is typically stable, but slippage may occur during major economic events — a standard market phenomenon rather than a broker-specific failure.
Deposits & Withdrawals
Supported Funding Methods
Clients can fund accounts using:
- Bank wire transfers
- Credit/Debit cards
- E-wallets (availability varies by region)
Deposit processing timing varies by method — cards and e-wallets are usually faster than bank transfers.
Withdrawal Policies
Withdrawals are usually returned to the original funding source in order to comply with anti-money laundering regulations. A standard verification process (KYC) is required before the first withdrawal request.
Processing time depends on:
- Funding method
- Regional banking systems
- Compliance checks
Customer Support & Services
JFD Bank offers customer support through:
- Live chat
- Telephone support (in selected regions)
Support hours generally align with market hours (24/5). Response quality is typically solid, though wait times can vary based on request volume.
Education & Research Tools
JFD Bank provides educational and research tools suitable for beginner and intermediate traders, including:
- Market analysis and outlooks
- Webinars and video tutorials
- Platform walkthroughs
- Economic calendar
While not as extensive as dedicated education platforms, these resources are sufficient for most retail traders.
Pros & Cons of JFD Bank
| Advantages | Disadvantages |
|---|---|
| Strong CySEC regulation | Not regulated by top-tier agencies like FCA in all regions |
| Transparent fee disclosures | Limited services in restricted jurisdictions |
| Multiple asset classes | CFD focus, no direct asset ownership |
| MT5 + proprietary platform | Leverage capped by regulation for retail traders |
| Islamic/swap-free accounts available | Swap costs can accumulate overnight |
Full disclosure: If you join up with a broker through one of our links, we may get a commission.
Who JFD Bank Is Best For
JFD Bank suits traders who:
- Want a regulated European broker with multi-asset access
- Prefer MetaTrader 5 and proprietary platforms
- Seek transparent pricing and execution quality
- Need Islamic swap-free accounts
It may be less suited for:
- Traders needing ultra-high leverage (e.g., offshore brokers)
- Institutions requiring bespoke execution or API integration
- Investors seeking full asset ownership (not CFDs)
What are the spreads and fees at JFD Bank?
JFD Bank, like most brokers, charges a fee based on the spread, which is the difference between the purchase and sell price of an asset.
The commissions and spreads shown here are based on the JFD Bank website’s minimal spreads.
| Forex | JFD Bank | City Index | XTB |
| EUR/USD(Average: 0.7 pips) | 0.1 pips | 0.7 pips | 0.1 pips |
| GBP/USD(Average: 1.1 pips) | 0.7 pips | 1.7 pips | 0.1 pips |
| USD/JPY(Average: 1.1 pips) | 0.5 pips | 0.6 pips | 0.1 pips |
| AUD/USD(Average: 0.8 pips) | 0.6 pips | 0.6 pips | 0.2 pips |
| USD/CHF(Average: 2.3 pips) | 0.8 pips | 2.3 pips | 0.2 pips |
| USD/CAD(Average: 2.9 pips) | 0.6 pips | 0.5 pips | 0.3 pips |
| NZD/USD(Average: 3.6 pips) | 0.7 pips | 2.8 pips | 0.3 pips |
| EUR/GBP(Average: 2.4 pips) | 0.6 pips | 0.5 pips | 0.1 pips |
Spreads are dynamic and are just for informative purposes.
As you’ll see, JFD Bank’s minimum spread for trading EUR/USD is 0.10 pips, which is relatively low when compared to the average EUR/USD spread of 0.70 pips. The table below compares the cost of trading one lot of EUR/USD with JFD Bank to similar firms.
How much does JFD Bank charge for a lot of EUR/USD trading?
If you bought one standard lot of EUR/USD (100,000 units) with JFD Bank at 1.1719 and then sold it the next day at the same value, you would most likely pay $5.28. Here is a general analysis of the fees and how they compare to IG and XTB.
| JFD Bank | IG | XTB | |
| Spread from: | $ 1.00 | $ 6.00 | $ 2.00 |
| Commission: | $ 6.00 | $ 0.00 | $ 0.00 |
| Total cost of a 100k trade: | $ 7.00 | $ 6.00 | $ 2.00 |
| $1 less | $5 less | ||
| VISIT JFD Bank | VISIT IG | VISIT XTB |
All fees/prices are for informational purposes and are subject to change.
What markets can you trade with JFD Bank?
JFD Bank provides over various trading products, including over currency pairings. We’ve listed all of the numerous types of instruments offered by JFD Bank below, along with IG and XTB’s instruments for comparison.
| FX / Currencies | JFD Bank | IG | XTB |
| # of forex pairs offered | 64 | 90 | 48 |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes |
| Cryptocurrencies* | Yes | Yes | Yes |
| Commodity CFDs | JFD Bank | IG | XTB |
| # of commodities offered | 7 | 34 | 21 |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes |
| Index & Stock CFDs | JFD Bank | IG | XTB |
| # of stocks offered | 400+ | 8000 | 1606 |
| UK shares | Yes | Yes | Yes |
| US shares | Yes | Yes | Yes |
| German shares | Yes | Yes | Yes |
| Japanese shares | Yes | Yes | Yes |
| SEE JFD Bank’S INSTRUMENTS | SEE IG’S INSTRUMENTS | SEE XTB’S INSTRUMENTS |
What is the trading experience like at JFD Bank?
1) Platforms and apps
JFD Bank is among the few brokers that provides both the MetaTrader 4 and MetaTrader 5 platforms. To discover how the two systems differ, check out our MT4 versus MT5 comparison. They also have their own GUIDANTS platform.
They now provide mobile apps for Android and iOS, making it easy to monitor and make transactions while on the go.
Still unsure?
Open a practise account and begin learning to trade.
2) Executing Trades
JFD Bank trading platform allows as little as 0.01 Lot. This may differ based on the type of account you open. You can conduct a maximum of 1,000 Lot trades. Because they provide ECN and STP execution, you can anticipate very tight spreads and increased accountability in the price you pay to execute your trades.
JFD Bank, as a market maker, may have lower entrance criteria than an ECN broker, which benefits from a higher number of transactions and usually has higher capital and minimum trading requirements. Market makers generally have a lower minimum deposit, lower minimum trade requirements, and no trading commission.
Margin requirements vary based on the trader, account, and instrument. The most recent margin requirements may be seen on their website.
Finally, we’ve included a list of some of the most popular funding options available to JFD Bank traders below.
Trading Features:
- Allows hedging
- Offers STP
- Allows scalping
Accounts offered:
- Standard account
- ECN account
- Managed account
- Demo account
Funding methods:
- Credit cards
- Bank Transfer
3) Client support
JFD Bank offers support in a number of languages, including English, German, Russian, French, and Czech.
4) What you’ll need to open an account with JFD Bank
Because JFD Bank is regulated by CySEC every new customer should pass a few simple regulatory checks to ensure that you know the implications of trading and that you are permitted to trade. When you register an account, you will most likely be asked for the following information, so keep it handy:
- A utility bill or bank statement from the past three months showing your address
- A scanned colour copy of your passport, driving license or national ID
You’ll also have to complete a few basic compliance inquiries to prove your trading expertise, so allow at least 10 minutes to finish the account opening procedure.
While you may be able to access their website immediately, it is essential to note that you will not be able to execute any trades until you pass compliance, which might take several days depending on your situation.
To begin the process of creating an account with JFD Bank, go to their website.
79% of retail investor accounts lose money when trading CFDs with this provider.
In 2026, JFD Bank remains a reputable and well-regulated option for traders seeking exposure to global markets through CFDs and leveraged products. Its compliance with CySEC and MiFID II standards ensures robust investor protection, while its diverse market access and platform choices cater to various trading styles.
Potential clients should always confirm product availability in their region, review trading costs, and consider testing platforms through demo accounts before committing capital.
FAQs
Is JFD Bank regulated?
Yes, JFD Bank is regulated by the Cyprus Securities and Exchange Commission (CySEC) under MiFID II rules.
What platforms does JFD Bank support?
JFD Bank supports MetaTrader 5 (MT5) and its proprietary web and mobile trading platforms.
Can I trade cryptocurrencies with JFD Bank?
Yes, cryptocurrency CFDs are available depending on your regional regulatory permissions.
Does JFD Bank offer Islamic/sw…
Yes — swap-free (Islamic) accounts are available on request where permitted.
Are demo accounts available?
Yes, JFD Bank offers demo accounts for practice trading without financial risk.
