JFD Bank

JFD Bank (formerly JFD Brokers) not only describes itself as the fairest broker, but also delivers a POST TRADE EXECUTION REPORT in addition to the 100% DMA/STP agency model. JFD Brokers thus sets a standard of transparency from which some brokers could learn. Forex spreads are below average consisting of a low spread with low comissions. However, the conditions for other products can still be improved. Meanwhile the biggest plus point is the possibility to trade stocks on MT5. They offer “physical” stocks – usually CFD-Brokers just offer a derivate which simulates the prive movements of a stock. JFD Bank lets you invest in physical stocks, major advantages are: Owning stocks, annual franked dividends, No financing charges (on long positions). The execution speed of the orders is clearly above average and due to the software offered, every Forex or Stock trader should be in good hands with JFD Brokers. However, JFD is not recommended as an all-round broker at the moment, as unfortunately some values are still missing for trading. For advanced traders, JFD should be considered, especially for Forex trading.