Important: JFD Group Ltd announced in April 2026 that it is withdrawing from the retail market -- GBE Brokers Ltd acquired its retail client base and partner network in an asset deal, with German-speaking client support moving to GBE's Hamburg office. As of this review, JFD is effectively no longer operating as a retail broker; the account and fee details below predate this exit and are kept only as historical/legacy information, not a live offering.
| Regulated entity | JFD Group Ltd |
|---|---|
| Regulation | CySEC No. 150/11 |
| Other Tier-1 regulators | BaFin |
| Founded | 2011 |
| Headquarters | Limassol, Cyprus |
| Minimum deposit | €500 (or equivalent in USD/GBP/CHF) |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | MT4, MT5 |
| Instruments | 1,500+ instruments across 8 asset classes: forex (60-66 pairs), shares (400-600+), indices (15), commodities (7), ETFs (21)/ETNs (4), and crypto (5 pairs: BTC/BCH/ETH/LTC/XRP), per third-party reviews and a user forum report; could not verify on JFD's current site. |
See JFD Brokers's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Historical/legacy information only, predating the April 2026 retail-market exit noted above: Standard (floating spreads, no added commission) and ECN/RAW (near-raw spreads plus commission). |
|---|---|
| Execution model | Described elsewhere as 100% DMA/STP/no-dealing-desk, though this wasn't independently re-confirmed against JFD's own fee schedule before its retail exit. |
| Withdrawals & deposits | Legacy information: reported as no withdrawal fee; specific payment methods, processing times and minimums weren't found. |
| Overnight financing (swap) | Not found -- no benchmark-plus-markup swap methodology was located. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | Sources conflict: one comparison site states no inactivity fee existed, while Trustpilot reviews include complaints that JFD drained accounts due to inactivity fees -- a genuine, unresolved conflict rather than a settled fact. |
| Customer service | Legacy Trustpilot rating around 4.1/5 from a small sample (33 reviews). Reviews were mixed: some called support very helpful and praised platform stability, while others reported a serious account-draining complaint (including one citing a roughly €14,000 loss) and a phishing/security-related complaint. JFD reportedly responded to about three-quarters of negative reviews, usually within two weeks. |
| Mobile experience | No verified App Store or Google Play star rating was found; a figure sometimes cited elsewhere traces to a broker-comparison score rather than an actual app-store rating. |
| Educational offering | Offered MT4+, MT5+, and the German-focused "Guidants" platform (charts, expert streams, research features) across 1,500+ tradable assets, but no dedicated webinar or course program was found. |
See how JFD Brokers's spread cost compares across every researched broker → · Forex broker fees explained
Is JFD Brokers regulated?
Yes -- CySEC No. 150/11. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if JFD Brokers fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
What is the minimum deposit at JFD Brokers?
Our research confirms a minimum deposit of €500 (or equivalent in USD/GBP/CHF).
What trading platforms does JFD Brokers offer?
JFD Brokers offers MT4, MT5.
What is JFD Brokers's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was JFD Brokers founded?
JFD Brokers was founded in 2011.
How is JFD Brokers's overall score calculated?
JFD Brokers currently scores 3.22/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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