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Important Update: Changes to Account Fees and Commissions

Important Update: Changes to Account Fees and Commissions

2023/12/13
14:43

We're delighted to inform you about some upcoming changes regarding updates on the fees and commissions on your account. At JFD, we strive to provide transparent and competitive pricing while offering you a comprehensive trading experience.

Effective 18.12.2023, there will be reductions in the Company’s Commissions on CFDs as well as adjustments in the fees and charges applied to Physical Stocks and ETFs as outlined below:

1. Reduction in JFD’s CFDs Commissions:

We're pleased to announce a 10% reduction in Company’s commissions in all of the following CFDs Products: Forex, Precious Metals, Commodities and Indices. Please refer to the below table for a summary of the updated commission rates based on your account main currency:

INSTRUMENTS EUR USD CHF
CFDs on Forex & Precious Metals per 1 Lot per side 2.5 2.7 2.7
CFDs on Indices & Commodities per 1 Lot per side 0.09 0.09 0.09

*The 10% reduction in commissions applies specifically to accounts denominated in EUR, USD and CHF.

**GBP accounts will maintain their current commission rates.

2. New Charges for Physical Stocks and ETFs:

Additionally, we will be implementing new fees for trading Physical stocks and ETFs. The new updated fees will be as follows:

Instruments Commissions
US physical stocks and ETFs 0.05 USD per share / minimum ticket charge 3 USD
EU physical stocks and ETFs 0.15% of order volume / minimum ticket charge 3 EUR
Spanish physical stocks 0.20% of order volume / minimum ticket charge 6 EUR

NOTE: These fees will apply for each trade per side opening or closing.

We encourage you before deciding to invest to a respective instrument to review the applicable Fees and Charges as presented in our website under Contract specifications page which will be updated as of the effective date of the changes, 18.12.2023.

Should you have any questions, our multilingual and friendly Customer Support is ready to assist you 24/5.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59.18% of the retail investor accounts lose money when trading CFDs with JFD. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Seek independent advice if necessary and review our Risk Disclosure and Privacy Policy before opening an account.

JFD Group Ltd is a company incorporated in Cyprus under registration number HE 282265, with its registered office at 70 Kyrillou Loukareos, KAKOS PREMIER TOWER, 2nd Floor, 4156 Limassol, Cyprus. The Company is authorised and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under Licence No. 150/11 and operates in full compliance with the Markets in Financial Instruments Directive (MiFID II). “JFD Brokers” is a brand name and registered trademark owned and used by the JFD Group of Companies.

JFD Group Ltd is licensed to provide the investment services of reception and transmission of orders in relation to one or more financial instruments, execution of orders on behalf of clients, dealing on own account, portfolio management and investment advice. In addition, the Company is authorised to provide the ancillary services of safekeeping and administration of financial instruments, granting credits or loans in connection with one or more financial instruments, foreign exchange services linked to the provision of investment services, and investment research and financial analysis. Clients are strongly advised to read and fully understand the Terms and Conditions of JFD Group Ltd before engaging in any activity with the Company.

Access to the Company’s trading platform and investment services is strictly prohibited for individuals under the age of 18, or below the legal age of majority in their country of residence, and for any persons who are otherwise legally incapable of entering into binding contracts under applicable laws. In the case of legal entities, access is limited to those duly incorporated and authorised to enter into legally binding agreements under the laws of their jurisdiction of incorporation, formation or domiciliation.

JFD Group Ltd may only provide services to clients resident in the European Economic Area (EEA) or in jurisdictions where the Company holds the necessary legal authorisations to do so.

The provision of investment services is restricted for residents of certain countries, including but not limited to the United States of America, Russia, Belarus, Poland, Latvia, the Czech Republic, Moldova, Montenegro, Serbia, the United Kingdom and any other jurisdiction where domestic regulations prohibit such offerings.

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Risk Warning: 59.18% of retail investor accounts lose money when trading CFDs with this provider.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure.