JFD Brokers Minimum Deposit is $500 / R7 350 units in the base currency of your JFD account. This is not the lowest minimum deposit when compared to many other brokers.
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 Minimum Deposit below.
JFD Brokers Minimum deposit – 9 key points quick overview:
JFD Brokers at a glance- JFD Brokers Minimum deposit – 9 key points quick overview:
- JFD Brokers Minimum Deposit
- JFD Brokers Deposit fees and deposit methods
- JFD Brokers Step by step guide to deposit the minimum amount
- JFD Brokers Customer Reviews
- JFD Broker’s Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the JFD Brokers Minimum deposit as well as the pros and cons as well as features that are offered to traders.
JFD Brokers Minimum Deposit
The minimum deposit amount required to open a broker account with JFD B Minirokers is $500/R7 350 units in the base currency of your JFD account.
This is not the lowest minimum deposit when compared to many other brokers in the industry, with most averaging between $10 and $100 to open an account.
JFD Brokers Deposit fees and deposit methods
JFD Brokers offers the following deposit methods:
| 💳Bank wire transfer | ||||
| 💳SafeCharge | ||||
| 💳Skrill | ||||
| 💳Neteller | ||||
| 💳SOFORT | ||||
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.
If you deposit funds using JFD’s online payment solution, they will be credited to your live account within 24 hours on banking working days. In case you deposit funds using a wire transfer, it might take longer for the transaction to be completed depending on the terms and conditions of your local bank.
JFD does not charge any processing fees on client transfers and does not mark up any eventual transfer fees that may be charged by banks.
Banks may charge JFD and its clients for transfers. When such transfer charges apply, they are transparently deducted from the clients’ payments either by the Banks or in some cases intermediary bank charges may apply as well.
JFD Brokers Step by step guide to deposit the minimum amount
To deposit funds into your account, you will need to take the following steps:
Step 1 – Log in
- Log into the accounts area on the broker’s website
Step 2 – Transfers
- Select the option to Deposit
Step 3 Finalize
- Select your preferred deposit method, whether by wire transfer, credit card, or debit card
- Confirm your deposit amount
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 Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated broker with deposit security | Limited deposit currencies |
| No deposit or withdrawal fees from the broker | |
Conclusion
The JFD Brokers Minimum Deposit is $500/R7 350 units in the base currency of your JFD account. This is not the lowest minimum deposit when compared to many other brokers.
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Frequently Asked Questions
What is the minimum deposit for JFD Brokers?
The minimum deposit amount required to open a broker account with JFD Brokers is 500 units in the base currency of your JFD account.
This is not the lowest minimum deposit when compared to many other brokers in the industry, with most averaging between $10 and $100 to open an account.
How do I make a deposit and withdrawal with JFD Brokers?
JFD Brokers offers the following deposit methods:
- Bank wire transfer
- SafeCharge
- Skrill
- Neteller
- SOFORT
Does JFD Brokers charge withdrawal fees?
JFD does not charge any processing fees on client transfers and does not mark-up any eventual transfer fees that may be charged by banks.
Banks may charge JFD and its clients for transfers. When such transfer charges apply, they are transparently deducted from the clients’ payments either by the Banks, or in some cases intermediary bank charges may apply as well.
How long does it take to make a withdrawal?
- Withdrawals to a German bank will be credited to your account within 2 – 3 working days.
- Withdrawals to a European bank usually require 3 – 5 working days to be credited.
- Withdrawals to banks outside Europe usually need 4 – 7 working days before they are credited to your account.
- Withdrawals using online payment provider Skrill/Neteller will be credited within 24h from receiving the withdrawal request on banking working days.
- Withdrawals using online payment provider SOFORT will be credited within 1-3 business working days from receiving the withdrawal request.
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