JFD Bank Review, Test & Rating in 2025
Autor: Florian Fendt — Updated in Oct 2025
JFD Bank Trader Rating
Summary about JFD Bank
JFD has a good overall offer, but still sadly an above average amount of losing traders. However, JFD is currently not recommended as an all-round broker, as unfortunately some stocks are still missing for trading. Advanced traders should consider JFD, especially for forex trading. Beginners should definitely start with a demo account first.
| 💰 Minimum deposit in USD | $250 |
| 💰 Trade commission in USD | $0 |
| 💰 Withdrawal fee amount in USD | $0 |
| 💰 Available trading instruments | 2200 |
What are the pros & cons of JFD Bank?
What we like about JFD Bank
JFD offers several advantages over other brokers. By far the biggest advantage is the transparency of JFD, that every trade can be tracked. Due to the DMA/STP model, there is no conflict of interest between JFD and the trader. JFD has rather an interest in long-term successful traders, because JFD earns money mainly through commissions. Since the acquisition of ACON Bank, JFD has introduced several innovations to the market. Free stock trading for over 600 stocks is offered and also a kind of social trading platform through Mirror Trading. The spreads are very good for Forex pairs.
- 100% DMA/STP Account
- JFD Invest & Mirror Trading
- Free Stock Trading available
- Low Forex Spreads
What we dislike about JFD Bank
The JFD Bank offers many services, which can be confusing, especially for beginners. Certain trading instruments could use even better trading fees, so stock CFDs with a minimum commission of 10€ per trade are very expensive for smaller accounts. The fees for deposits and withdrawals (apart from bank transfers) annoys many traders. From our own experience, the deposit speed was also very below average in the past.
- Above avg fees for some assets
- Confusing Information
- High rate of unprofitable traders
- Slow Payment Processing
Available trading instruments at JFD Bank
JFD Bank offers 8 different asset classes/markets and over 700 different trading instruments
This includes among other things
- +66 Forex/currency pairs
- +15 Indices
- +2 Metals
- +2 Bonds and notes
- +2 Energy
- +5 crypto currencies
- +600 Shares
- +21 ETF & +4 ETN
Conditions & detailed review of JFD Bank
In 2018, the JFD Group took over the investment bank ACON Actienbank AG, which is regulated by the BaFin and has branches in Munich and Frankfurt. JFD Brokers was subsequently renamed JFD Bank.
JFD Bank describes itself as the fairest broker and delivers a POST TRADE EXECUTION REPORT in addition to the 100% DMA/STP agency model - on request, each trade can be transparently verified with execution and liquidity provider. JFD Bank sets a standard of transparency that some brokers could learn from. The foreign exchange spreads are above average and consist of a low spread but additional commissions (commission model). However, the costs for other trading instruments could still be reduced.
The biggest plus of our JFD Bank experience is now the ability to trade stocks in MT5 or via Guidants. JFD Bank offers with JFD Invest the possibility to trade 600 shares for free. JFD enables you to invest in physical shares, so to speak, which brings significant advantages: Share ownership, regular dividends, no financing costs (for long positions) - all the advantages of regular shares + the possibility to trade short term on one platform. JFD also offers Mirror Trading where you can invest in top performing strategies selected by JFD.
The execution speed of the trades is well above average, in our opinion only exceeded by GBE brokers
Software & trading platform of JFD Bank
As trading software JFD Bank offers MetaTrader4 and MetaTrader5 as well as a link to Guidants as a bonus. This connection is especially suitable for traders who want to trade on the go or via webtrader.
More details and differences can be found in this table.
| Features | MetaTrader 5 | MetaTrader 4 | Guidants |
| Assets | 1500+ | 500+ | 1500+ |
| Languages | +30 | +40 | Deutsch |
| EA Trading | Ja | Ja | Nein |
|
Own Indicators
|
Ja
|
Ja | Nein |
| Stocks | Ja | Nein | Ja |
Your account at JFD Bank
JFD Bank (formerly JFD Brokers) offers two account types. A basic distinction is made between retail (end customers) and institutional accounts. There is a choice between the EU regulated (CySeC) version of JFD Group and JFD Overseas Ltd, which is regulated by the Vanuatu Finacial Services Commission.
The main difference is the margin requirement for JFD Overseas accounts. This only applies to EU regulated accounts. So if someone is worried about this and doesn't want to run the risk of going into the red with the account, they will have to choose the EU option.
Other differences are the levers - Overseas up to 1:400 - EU max. 1:30 without activation of the professional trader. The selection of trading instruments is also somewhat small for the Overseas version with only 300 markets.
Our BrokerCheck authors have no experience with JFD Overseas, but would always recommend EU regulation due to the lack of margin requirements.
| Company | JFD Group Ltd | JFD Overseas Ltd |
| Margin-Call-Level | 100% | 125% |
| Stop-Out-Level | 50% | 100% |
| Neg. Balance Protection | Ja | Nein |
|
Min. Deposit
|
500€ | 500€ |
| Hebel | Gemäß ESMA 1:30 | bis zu 1:400 |
| Hedging | Ja | Ja |
| Scalping | Ja | Ja |
| Aktien | 600 | 200 |
| Post-trade Transparenz | Ja | Ja |
How can I open an account with JFD Bank?
By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.
How To Close Your JFD Bank account?
Deposits and withdrawals at JFD Bank
The deposit is relatively uncomplicated. Meanwhile, JFD also credits deposits under 5000€ immediately to the account. (For example, with instant bank transfer). Partner of JFD is Barclays and the payment service provider Wirecard. JFD offers several deposit options, including
- Bank Transfer
- Credit card
- Sofortüberweisung
- Skrill
- Neteller
- Safecharge
Withdrawals are possible at any time via Skrill, Safecharge, Neteller and bank transfer. There are no fees for the bank transfer.
The payout of funds is governed by the refund payout policy, which is available on the website.
For this purpose, the customer must submit an official withdrawal request in his/her account. The following conditions, among others, must be met:
- The full name (including first and last name) on the beneficiary account matches the name on the trading account.
- A free margin of at least 100% is available.
- The withdrawal amount is less than or equal to the account balance.
- Full details of the method of deposit, including supporting documents required to support the withdrawal in accordance with the method used for the deposit.
- Full details of the method of withdrawal.
How is the service at JFD Bank
The JFD service is easily accessible. There are several ways to contact support. There is a direct service hotline for Germany at +49 (0) 69175374271. Support is also available via LiveChat or email [email protected]. So far we have not had any negative experiences with the JFD Bank Service.
JFD Bank Germany, i.e. JFD Bank AG is located at Keplerstraße 6, 71636 Ludwigsburg, Germany
Regulation & Safety at JFD Bank
JFD Bank has several possible regulations under which you can trade. We clearly recommend that you stay under the Bafin/CySec license, as the VFSC offers less protection. Not only is there an obligation to make additional contributions (no negative balance protection), but in the event of disputes, there is no one to represent the interests and rights of the client.
Highlights of JFD Bank
Finding the right broker for you is not easy, but hopefully you now know if JFD Bank is the best choice for you. If you are still unsure, you can use our forex broker comparison to get a quick overview.
- ✔️ Free Demo Account
- ✔️ Leverage 1:30 / Pro up to 1:300
- ✔️ Free Stock Trading
- ✔️ Quick order execution
Frequently asked questions about JFD Bank
Is JFD Bank a good broker?
XXX is a legit broker operating under CySEC oversight. No scam warning has been issued on the CySEC website.
Is JFD Bank a scam broker?
XXX is a legit broker operating under CySEC oversight. No scam warning has been issued on the CySEC website.
Is JFD Bank regulated and trustworthy?
XXX remains fully compliant with CySEC rules and regulations. Traders should view it as a safe and trusted broker.
What is the minimum deposit at JFD Bank?
The minimum deposit at XXX to open a live account is $250.
Which trading platform is available at JFD Bank?
XXX offers the core MT4 trading platform and a proprietary WebTrader.
Does JFD Bank offer a free demo account?
Yes. XXX offers an unlimited demo account for trading beginners or testing purposes.
At BrokerCheck, we pride ourselves on providing our readers with the most accurate and unbiased information available. Thanks to our team’s years of experience in the financial sector and feedback from our readers, we have created a comprehensive resource of reliable data. You can therefore confidently trust the expertise and rigor of our research at BrokerCheck.
What is your rating of JFD Bank?