JFD Bank Review, Test & Rating in 2025

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.

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.

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

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

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.

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.

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 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 support@jfdbank.com. 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

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.