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JFD introduces Negative Balance Protection

JFD introduces Negative Balance Protection

2017/02/03
17:39

For the benefit of all our retail clients we have now introduced, as of 30th January 2017, Negative Balance Protection to our services, to help protect you and safeguard your funds.*

How does it work?

Our automated stop levels installed on our system are there to reduce your risk, but from now on, you are also protected against the chance of your account falling below zero and turning negative. This is something which could happen for instance in the event of a market gap, in which case your account would then be credited back to zero. However, it is in your best interest to trade responsibly and always make sure you have adequate funds in your account to maintain the required level of margin. Take a look at our updated Client Agreement for more information.

Did you know that we also are a member of the Investor Compensation Fund (ICF) and keep all our client funds in fully segregated accounts, separate from company funds, to ensure the ultimate protection and security of your money? Find out more about this here.

* This will apply to negative balances incurred after 29.01.2017.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59.66% 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: 59.66% 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.