JFD Brokers does offer a Demo Account that comes funded with virtual currency, allowing traders to test the broker’s features on the trading platform before deciding to sign up for a live account.
JFD Brokers at a glance
| 🔎 Broker's Name | JFD Brokers |
| 🏛️ Headquarters | Limassol, Cyprus |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | CySEC, BaFIN |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | No |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | Yes |
| ⬆️ Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | $500/R7 350 |
| 💳 Deposit Options | Bank wire transfer SafeCharge Skrill Neteller SOFORT |
| 💳 Withdrawal Options | Bank wire transfer SafeCharge Skrill Neteller SOFORT |
| 📊 Platform Types | MetaTrader 4+, MetaTrader 5+ |
| 📶 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, metals, stock, ETFs, cryptocurrencies |
| 💬 Languages supported on Website | Multilingual |
| 💬 Customer Support Languages | Multilingual |
| ⏲️ Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Open Account |
Min Deposit USD 500 Regulators CySEC, BaFIN, VFSC Trading Platform MT4, MT5 Crypto Yes Total Pairs 60 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our JFD Brokers Demo Account below.
JFD Brokers Demo account – 8 key points quick overview:
JFD Brokers at a glance- JFD Brokers Demo account – 8 key points quick overview:
- How to set up a JFD Brokers Demo Account – Step by Step
- JFD Brokers Demo Account Features
- JFD Brokers Customer Reviews
- JFD Broker’s Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the JFD Brokers Demo Account as well as the features that are offered.
How to set up a JFD Brokers Demo Account – Step by Step
Opening a demo account with JFD Broker is a straightforward process that will consist of the following steps:
Step 1 – Open Your Account
- Navigate to the Account Opening page on the broker’s website.
Step 2 – Fill out the form
- Select the option to open a demo account from the dropdown sheet.
- Complete the provided online registration form by giving your full name, contact details, email, and country of residence.
- Select your preferred account currency. You can choose from USD, EUR, GBP, and CHF.
- Select your preferred deposit amount. This will fund your account with virtual currency.
- Read and accept the company’s terms and conditions.
- Click “Register” to submit your application.
Step 3 –Go to your email
- You will then receive an email with a download link to the broker’s trading platforms. After installing it, you can start testing JFD’s unique trading conditions right away.
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
JFD Brokers Demo Account Features
The demo account from JFD Brokers comes funded with virtual currency, allowing traders to test the broker’s features on the trading platform before deciding to sign up for a live account.
The demo account from JFD Brokers is funded with virtual currency, allowing you to test out the broker’s trade features in a risk-free environment.
With the free demo account, traders will be able to practice trading in the MetaTrader 4 or MetaTrader 5 platforms, depending on their selection. As such, this will give users access to the following features:
Trading Tools
A Wide Variety of Indicators and EAs for free and from paid 3rd Parties
Chart History
Backtesting
Min Deposit USD 500 Regulators CySEC, BaFIN, VFSC Trading Platform MT4, MT5 Crypto Yes Total Pairs 60 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
JFD Brokers Customer Reviews
Very good broker in my view.
Withdraw is usually about 20 hours. When the amount is large (10k), it takes about 50 hours. The customer service is excellent. The spread is variable. No taxes for creating accounts, withdrawing and sending money to them. They are not liars. Unfortunately, they do not provide a large range of instruments.
Very good service overall. I like the reports for the trades they provide and the webinars for the traders. Execution is fast and I sometimes have positive slippage. Not sure why they still offer only forex and CFD but not some instruments traded on real exchanges. Hopefully, JFD will offer Czech or other central European shares soon.
I am trading with JFD Brokers for already more than a year and I am completely satisfied with their services. I use JFD for trading the FX majors and index CFDs. Very good that they reduced commissions on those! I would like to see the swap rates lower plus more options to trade futures, not only as CFD. The customer support is fast and answers all my questions politely and with enough details. I have no complaints about execution. Spreads are stable but I hope they will be even lower.
Min Deposit USD 500 Regulators CySEC, BaFIN, VFSC Trading Platform MT4, MT5 Crypto Yes Total Pairs 60 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
JFD Broker’s Pros and Cons
| ✔️ Pros | ❌ Cons |
| Easy demo account sign-up process | Demo account expires after 90 days |
Conclusion
JFD Brokers Demo Account comes funded with virtual currency, allowing traders to test the broker’s features on the trading platform before deciding to sign up for a live account.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Do JFD Brokers offer a demo account?
Yes, JFD Brokers offers a free demo account to all new traders.
For how long is the demo account valid?
The demo account is available for 90 days.
Which live trading accounts do JFD Brokers offer?
The account types from JFD Brokers are divided into Personal Accounts and Corporate Accounts. With Personal Accounts, traders can choose between a standard Personal Trading Account or a Personal Managed Account.
With corporate accounts, traders can choose between a standard Corporate Trading Account or a Corporate Managed Account.
What are the available deposit currencies for a live trading account?
Your JFD account can be opened in one of the following four currencies: EUR, USD, GBP, or CHF.
However, you can make a deposit in any of the currencies offered by the broker’s payment providers to the broker.
Please note that the currency in which you are making a deposit may be converted to the equivalent amount in the currency of your JFD account (EUR, USD, GBP, CHF). This will result in conversion fees for those depositing in unsupported currencies like ZAR/Rand.
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