Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

What is JFD？

JFD, also known as JFD Group Ltd, is a multi-regulated online trading and investment services provider founded in 2011, headquartered in Limassol, Cyprus, with offices in Germany and Spain. The company offers access to a wide range of financial instruments, including Forex, CFDs, indices, stocks, commodities, and cryptocurrencies. JFD is known for its transparent and customer-centric approach, providing clients with advanced trading platforms, competitive pricing, and a range of educational resources.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

JFD offers several notable advantages, including multi-regulation from respected authorities, a wide range of financial instruments, and transparent pricing with competitive spreads and commissions. Traders can also benefit from advanced trading platforms and access to research and educational resources.

However, it's important to consider the higher minimum deposit requirement and the reports of withdrawal issues that some users have encountered.

Overall, JFD can be a suitable choice for traders looking for a regulated broker with diverse trading options, but it's crucial to exercise caution and conduct thorough research before making any decisions.

JFD Alternative Brokers

There are many alternative brokers to JFD depending on the specific needs and preferences of the trader. Some popular options include:

• Hantec Markets - A reliable choice for traders with its strong regulatory oversight and competitive trading conditions.

• FxPrimus - A trusted broker with a focus on client protection and a wide range of trading instruments, suitable for both beginner and experienced traders.

• Vantage FX - An established broker offering diverse trading options, advanced platforms, and competitive pricing, making it a preferred choice for active traders.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is JFD Safe or Scam？

JFD is regulated by reputable financial authorities such as Cyprus Securities and Exchange Commission (CYSEC, License No. 150/11), Germany Federal Financial Supervisory Authority (BaFin, License No. 126399), and France Banque de France (BDF, License No. 74013). These regulatory licenses indicate that JFD adheres to certain standards and regulations to ensure the safety and protection of client funds.

Additionally, the provision of negative balance protection is an added safety feature that safeguards clients from potentially owing more than their initial investment. However, it's important to note that while regulatory oversight and negative balance protection are positive factors, it's always recommended to conduct thorough research and due diligence before engaging with any broker.

Market Instruments

JFD offers 1,500+ financial instruments across 9 asset classes. The available instruments include Forex currency pairs, allowing traders to participate in the global currency market. Precious metals such as gold and silver are also available for those looking to invest in safe-haven assets.

Additionally, JFD offers Contracts for Difference (CFDs) on various indices, giving traders exposure to the performance of major stock indices around the world. Stocks of leading companies can also be traded, allowing investors to take positions in individual equities.

Furthermore, JFD provides access to cryptocurrencies, commodities, and ETFs & ETNs, offering opportunities for diversification and potential profit in these markets. With a comprehensive selection of market instruments, JFD caters to the diverse trading needs and strategies of its clients.

Accounts

JFD offers traders an account type with a minimum deposit of $/€/£/Fr500. While this requirement may be higher compared to some other brokers, it may attract more serious and experienced traders who are willing to commit a larger capital.

The margin call level of 100% ensures that traders receive notifications when their account equity falls below the required margin, helping them manage their positions effectively. The stop out level of 50% serves as a safety net, automatically closing positions when the account equity reaches a specified level, preventing further losses.

Additionally, JFD offers free demo accounts, allowing traders to practice and test their strategies in a risk-free environment before committing real funds.

Leverage

JFD is subject to the laws and regulations of each jurisdiction in which it operates. For this reason, JFD often employs a small leverage ratio. In addition, traders based in Europe can utilize a maximum leverage of 1:30 on Forex products, while traders based elsewhere who use JFD can ask for a leverage of up to 1:400. The leverage is 1:30 for major currency pairs, 1:20 for minor currency pairs, 1:20 for gold trading, 1:5 for silver trading, and 1:5 for stocks trading.

Spreads & Commissions

JFD offers competitive spreads and commissions on a wide range of trading instruments. The EUR/USD pair, for example, has a floating spread of approximately 0.3 pips, which is favorable for traders looking to engage in forex trading. The specific spreads for other trading instruments can be found on JFD's website or through the provided screenshot.

In terms of commissions, JFD charges $3/€2.75/£2.5/Fr3 per lot per side for forex and precious metals trading, providing transparency and clarity for traders. For indices and commodities, the commission is $/€/£/Fr0.1 per CFD per side, ensuring a cost-effective trading experience.

When it comes to stocks trading, JFD applies a commission structure of $0.02 per share with a minimum ticket charge of $5 per side for US stocks. For French, German, Dutch, Spanish, and UK stocks, the commission is 0.05% of the order volume with a minimum ticket fee of $5 per side.

Crypto trading does not attract any commission charges, making it an attractive option for traders interested in this asset class. Lastly, for ETFs & ETNs, JFD applies a commission of $0.025 per share with a minimum ticket charge of $5.

Overall, JFD's spreads and commissions are competitive and provide traders with transparent and fair pricing structures for their trading activities.

Below is a comparison table about spreads and commissions charged by different brokers:

Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.

Trading Platforms

JFD provides a range of robust trading platforms to cater to the diverse needs of its clients. Traders have the option to choose from MetaTrader 4+ (MT4+), MetaTrader 5+ (MT5+), and JFD's own proprietary platform called Stock 3. The popular MetaTrader platforms offer advanced charting capabilities, a wide range of technical indicators, and the ability to execute trades efficiently.

Traders can access MT4+ and MT5+ not only on desktop but also through the web-based versions, known as MT4+ WebTrader and MT5+ WebTrader. These web-based platforms enable traders to access their accounts and trade from any device with an internet connection, providing flexibility and convenience.

Additionally, JFD's proprietary platform, Stock 3, offers a unique trading experience tailored to stock trading, providing traders with the tools and features necessary for efficient stock market analysis and execution.

With a choice of these powerful trading platforms, JFD ensures that traders have the tools and technology they need to execute their trading strategies effectively and make informed investment decisions.

See the trading platform comparison table below:

Deposits & Withdrawals

JFD offers a variety of convenient and secure payment methods for both deposits and withdrawals. Traders can fund their accounts using popular options such as Visa, MasterCard, Maestro, Skrill, Neteller, nuvei, Sofort, bank wire, and payabl.

The minimum deposit requirement is set at $/€/£/Fr500, ensuring accessibility for traders with different budget sizes.

JFD minimum deposit vs other brokers

Deposit and withdrawal fees may vary depending on the chosen payment method. To obtain specific details regarding these fees, traders can refer to the broker's website.

Customer Service

JFD values the importance of excellent customer service and aims to provide reliable support to its clients. With a dedicated team available 24/5, traders can reach out to JFD through various channels, including email, telephone, and live chat. This ensures prompt assistance and allows traders to address any inquiries or trading-related issues they may encounter.

In addition to traditional communication methods, JFD also maintains an active presence on popular social media platforms such as Linkedin, Twitter, Facebook, YouTube, and Telegram. By following JFD on these platforms, traders can stay updated on the latest news, market insights, educational resources, and more.

JFD also provides a Frequently Asked Questions (FAQ) section on its website where you can find answers to common queries regarding account opening, platform usage, and more. The FAQ section can be a helpful resource for obtaining quick and concise information about various aspects of trading with JFD.

The comprehensive customer service offered by JFD reflects their commitment to ensuring a positive trading experience for their clients.

Note: These pros and cons are subjective and may vary depending on the individual's experience with JFD's customer service.

User Exposure at WikiFX

On our website, you can see that some reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Education

JFD provides a range of educational resources to support traders in enhancing their knowledge and skills in the financial markets. Traders can benefit from research and analysis materials, which offer insights into market trends, news, and technical analysis.

Additionally, JFD offers webinars and live events where traders can learn from industry experts and gain practical trading tips. The broker also provides a comprehensive trading glossary, which serves as a valuable reference tool for understanding trading terminology and concepts.

By offering these educational resources, JFD demonstrates its commitment to empowering traders and equipping them with the necessary knowledge to make informed trading decisions.

Conclusion

In conclusion, JFD is a regulated broker with a strong reputation and years of industry experience. It offers a diverse range of financial instruments, competitive spreads, and commissions. The availability of multiple trading platforms, along with research and educational resources, adds to its appeal. However, it's worth noting the higher minimum deposit requirement and some reports of withdrawal issues. Traders should carefully consider these factors and conduct their own due diligence before engaging with JFD. Overall, JFD presents a solid option for traders seeking a regulated brokerage, but caution is advised.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

What is Anzo Capital？

Anzo Capital is an online broker founded in 2015 that offers margin trading in financial derivatives such as foreign exchange (FX), precious metals, and contracts for differences (CFDs) through the MT4 platform. Anzo Capital is currently authorized and regulated by the United Kingdom Financial Conduct Authority (UK FCA).

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Anzo Capital Alternative Brokers

There are many alternative brokers to Anzo Capital depending on the specific needs and preferences of the trader. Some popular options include:

• IG (IG Group) - IG is a well-established broker that offers a wide range of trading products, including forex, stocks, indices, commodities, and cryptocurrencies. They provide access to various trading platforms, including their proprietary platform and MetaTrader 4 (MT4). IG is regulated by multiple financial authorities, including the UK FCA.

• Pepperstone - Pepperstone is a popular broker known for its competitive pricing and fast execution. They offer a diverse range of trading instruments, including forex, indices, commodities, and cryptocurrencies. Pepperstone supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms and provides various account types to cater to different trading needs. They are regulated by reputable authorities such as CYSEC (Cyprus) and FCA (UK).

• eToro - eToro is a social trading platform that combines trading with social networking features. They offer a unique copy trading feature, allowing users to automatically replicate the trades of successful traders. eToro provides access to various financial markets, including stocks, cryptocurrencies, commodities, and ETFs. They are regulated by authorities such as CySEC (Cyprus) and the FCA (UK).

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Anzo Capital Safe or a Scam？

Anzo Capital's regulation by the Financial Conduct Authority (FCA) in the UK and offshore regulation by the Financial Services Commission (FSC) suggests that the broker operates under certain regulatory oversight. The FCA and FSC are reputable financial regulatory authorities known for their rigorous standards and guidelines.

The separation of customers' funds and the company's funds into different bank accounts is a standard practice in the industry that enhances the safety of client funds. It helps to protect customers' funds in the event of any financial difficulties faced by the broker.

The claim of adhering to guidelines, including anti-money laundering policies, is also a positive sign. Compliance with these policies demonstrates a commitment to maintaining a secure and trustworthy trading environment.

Market Instruments

Anzo Capital provides a diverse range of market instruments to cater to the trading preferences of its clients. Traders have the opportunity to participate in the Forex market, where they can trade various currency pairs, taking advantage of currency fluctuations. Additionally, Anzo Capital offers precious metals such as gold and silver, allowing traders to speculate on their value in the market. Furthermore, the availability of Contract for Difference (CFD) trading allows clients to trade a wide range of financial instruments, including stock CFDs. This enables traders to engage in the price movements of popular stocks without owning the underlying assets.

Accounts

Anzo Capital offers a variety of account types to accommodate different trading needs. Traders have the option to choose from three account types: Personal Account, Joint Account, and Business Account. Each account type caters to individual traders, joint account holders, or businesses respectively. Furthermore, Anzo Capital provides two execution options for each account type: STP (Straight Through Processing) and ECN (Electronic Communication Network), allowing traders to choose the execution method that suits their trading style and preferences.

In terms of account funding, Anzo Capital maintains a minimum deposit requirement of $100 across all account types. This provides accessibility to traders with varying levels of capital, enabling them to get started with their trading activities.

Additionally, demo accounts are available for 30 days. Anzo Capital's demo account provides users with $100,000 in virtual funds, enabling them to experience the platform and test their trading strategies in a risk-free environment. This feature is particularly beneficial for beginners who want to gain hands-on experience and build confidence before transitioning to live trading.

Leverage

Anzo Capital provides leverage of up to 1:500 to its traders. Leverage is a tool that enables traders to amplify their trading positions by borrowing funds from the broker. With a leverage ratio of 1:500, traders have the potential to control larger positions in the market with a smaller amount of capital. This can be advantageous for experienced traders looking to maximize their potential returns.

However, it's important to note that while leverage can enhance profits, it also magnifies potential losses. Traders should exercise caution and have a thorough understanding of the risks involved in trading with high leverage. It is recommended to carefully manage risk, use appropriate risk management strategies, and consider one's trading experience and financial situation before utilizing high leverage ratios offered by brokers like Anzo Capital.

Spreads & Commissions

Floating spreads, the main spreads for STP accounts are: EUR/USD 1.8 pips, USD/JPY 2.0 pips, the GBP/USD 2.0 pips, AUD/USD 1.9 pips, gold 3.5 pips, and crude oil 3.5 pips. The main spreads for ECN accounts are EUR/USD from 0.0 pips, and gold 0.9 pips. The swap is automatically calculated by the MT4 platform at the end of each trading day, and the server starts calculating at 23:59. The swap on Wednesday is three times the usual. The latest swap quotes need to refer to the MT4 market quote window. However, the broker doesn't specify any info on commissions.

It's important for traders to consider spreads and commissions as part of their overall trading costs, along with factors like liquidity, execution speed, and additional fees. Evaluating the cost structure is crucial when choosing a trading account, as it can impact profitability and trading strategies. Traders should carefully review the details provided by Anzo Capital and assess how the spreads and commissions align with their trading preferences and goals.

Below is a comparison table about spreads and commissions charged by different brokers:

Please note that the spread values provided are indicative and may vary based on market conditions and account types. Additionally, commissions for some brokers may vary depending on factors such as trading volume and account type. It's always recommended to refer to the brokers' official websites or contact their customer support for the most accurate and up-to-date information regarding spreads and commissions.

Trading Platform

Anzo Capital offers a diverse range of trading platforms designed to cater to the varying needs and preferences of traders. With the MT4 Desktop platform, traders can enjoy a powerful and feature-rich trading experience right on their desktop computers. This platform provides access to an extensive range of financial instruments, advanced charting tools, customizable indicators, and one-click trading execution, allowing users to analyze the markets and execute trades efficiently.

For those who prefer the flexibility of web-based trading, Anzo Capital offers the MT4 Web platform. This platform enables traders to access their trading accounts from any web browser without the need for any software installation. Traders can benefit from the familiar interface of MetaTrader 4 (MT4), along with its comprehensive charting capabilities, a wide selection of technical indicators, and the ability to trade directly from the charts.

Furthermore, Anzo Capital recognizes the importance of mobile trading and provides the MT4 Mobile platform. This mobile application enables traders to access their accounts and trade on-the-go using their smartphones or tablets. With the MT4 Mobile platform, traders can monitor market movements in real-time, execute trades, manage positions, and access their trading history, all from the convenience of their mobile devices.

In summary, Anzo Capital's trading platforms, including the MT4 Desktop, MT4 Web, and MT4 Mobile, offer traders a comprehensive suite of tools and features to enhance their trading experience. Whether traders prefer the power of a desktop platform, the convenience of web-based trading, or the flexibility of mobile trading, Anzo Capital provides a solution to meet their needs.

See the trading platform comparison table below:

Deposits & Withdrawals

Anzo Capital only accepts deposits and withdrawals via online bank transfer. The accepted currency for these transactions is CNY (Chinese Yuan). To get started, traders are required to make a minimum deposit of 3,000 CNY, allowing them to fund their trading accounts and start participating in the markets. On the withdrawal side, the minimum amount that can be withdrawn is 150 USD. However, there is no maximum limit for withdrawals, giving traders the freedom to withdraw their profits or funds as desired. Anzo Capital does not charge any fees for deposits or withdrawals, allowing traders to manage their finances without additional costs.

Deposits can be processed at any time, 24 hours a day, seven days a week, in line with the GMT+8 time zone. Withdrawals, on the other hand, are processed on weekdays (Monday to Friday) between 9 am and 6:30 pm (GMT+8), ensuring timely and efficient processing of withdrawal requests.

Customer Service

Anzo Capital provides live chat and phone: +852 2592 5424 during business hours, Monday to Friday, from 7:30 am to 02:00 am (GMT+8).

Conclusion

In conclusion, Anzo Capital stands out as a regulated broker with extensive experience in the industry. Anzo Capital offers a wide range of trading instruments, allowing traders to diversify their portfolios and explore various markets. The competitive trading conditions, coupled with the renowned MetaTrader 4 (MT4) platform, provide traders with a powerful and reliable trading experience.

Frequently Asked Questions (FAQs)