Broker JFD Brokers: honest review, feedback, and fraud exposure

The JFD Brokers project is a brokerage organization aimed at both novice and experienced traders. The broker operates several domain addresses:

• jfdbrok.com - the main site that offers all brokerage services;
• tradersroom.jfdbrok.com - a portal for logging into the client's personal account;
• webtrader.jfdbrok.com - an online trading platform, with the ability to explore its functionality without the need for registration;
• weboffice.jfdbrok.com - an admin panel.

Every month, more than 5,000 new users register in the broker's system, and the total transaction volume on the platform exceeds 20.8 billion USD. JFD Brokers operates under a registered trademark owned by JFD Group Ltd, registered under number HE 282265 and regulated by the Cypriot commission CySEC (license number - 150/11). However, details about the place of registration and legal address are missing, and there are no available copies of documents confirming the company's status and licensing. Information about the management and other key employees is not disclosed. The company claims to have existed since 2011.

To contact the company's technical support, several channels can be used: send an email, contact through a Telegram channel, or call by phone.

JFD Brokers: Trading Conditions

The broker offers various account options tailored to the needs of different clients. Among the available options is a program for attracting new users, and an investor club with exclusive offers. Additional income on the JFD Brokers platform can be obtained by joining the affiliate program. For each new client who starts trading with a deposit of 1,000 USD, the partner receives a referral reward of 50 USD.

Three levels of investment portfolios are also available:

1. Account “Easy” - the package cost is 10,000 USD;
2. Account “Middleway” - the portfolio cost is 20,000 USD;
3. Account “Grand” - the investment package cost is 50,000 USD.

To create an account on the platform, the user needs to go through the registration process, which includes entering the following data:

• email address;
• invented and confirmed password;
• full name;
• country of residence;
• phone number with international code.

Upon completion of entering the information, the user needs to confirm agreement with the terms of use, however, it should be noted that the full texts of these documents are not available for review.

JFD Brokers Trading Platform

The JFD Brokers platform provides an opportunity to work with various assets such as:

• securities (stocks);
• stock indices;
• currency pairs;
• commodities.

The terminal is integrated with several powerful tools for conducting detailed analysis of financial markets. Features include access to an economic calendar from Investing.com and exclusive analytics that help traders make more informed decisions.

However, the site does not provide information about specific software products, which makes it difficult to fully understand the platform's functionality.

The company claims that it provides basic knowledge and support for novice traders at all stages of work. Nevertheless, the lack of complete information about the available tools and features raises questions.

How to Withdraw Money from JFD Brokers

To fund an account, users are required to transfer the USDT cryptocurrency through the TRC-20 network. The deposit option can be found in the personal account in the "Payments" section. Funds need to be transferred to the address that will be provided by company representatives. Information on withdrawal methods from the JFD Brokers personal account is not disclosed on the site, and for details, you need to contact support.

Conclusion about jfdbrok.com

Despite claims of a CySEC license, the broker does not provide supporting documents, making it impossible to verify its legality. The site lacks scanned copies of licenses, as well as precise details about the company's legal address and registration. The intermediary does not provide information about its team and management, which is another red flag. In the broker ratings, JFD Brokers does not occupy leading positions, as it operates without a license and does not confirm its legality with documents. The broker also hides important information about trading conditions, commissions, and withdrawal methods, making cooperation with it risky. All this creates the impression that the company is not ready to work openly and honestly with clients. Before deciding to deposit money, we strongly recommend studying recent reviews about JFD Brokers, as the company's reputation raises serious questions.