Index Traders, Welcome to JFD Brokers!
When most people refer to the markets, they are talking about the stock market, and more specifically referring to indices. An index is a statistical measure of the changes in a portfolio of stocks representing a portion of the overall market. In other words, a smaller sample of the market that is representative of the whole. The Dow Jones Industrial Average (DJIA) is a good example of a renowned index, popular with prominent investors.
With JFD Brokers you can trade 16 of the world's most prolific cash indices, covering Asia, North America and Europe, on very favourable terms. Moreover, you can benefit from ultra-competitive spreads, low trading costs, full anonymity, full transparency, deep liquidity and a 100% DMA/STP Agency Model.
|PLATFORMS SUPPORTED||MT4+, GUIDANTS|
|INSTRUMENTS||16 Indices including:
US Dow Jones
|SPREADS||Real Market OTC Spreads from different Liquidity Providers & Liquidity Pools
No Price Manipulation
0.10 USD/EUR/GBP/CHF per 1 CFD per side
Please note: Commission charges will vary for residents of Mainland China.
See full contract specifications
|HIGH VOLUME COMMISSIONS||
|FINANCING CHARGES FOR CFDS||See full contract specifications|
To see the leverage for Indices, please refer to the contract specifications
100% DMA/STP/NDD Agency Only *
Direct Access to Liquidity Providers
|EXECUTION SPEED||Often < 0.2 Seconds|
100% MiFID compliant
Full Execution Log-Files presenting, execution time and price can be delivered upon client request
Client identity and orders kept 100% anonymous to Liquidity Providers
Absolute protection against Stop Hunting
Negative and Positive Slippage enabled
|MINIMUM TRADE SIZE||0.1 CFD, 1 CFD|
|TRADE SIZE INCREMENT||0.1 CFD, 1 CFD|
|MAXIMUM OPEN/PENDING ORDERS||500|
Based on the ordinary dividends paid by the constituents of each index that is subject to dividend events, JFD Brokers will determine the adjustments on Cash Index CFDs in the following way:
- Long (Buy) trades are credited with the number of points by which the respective index has been adjusted multiplied by the trade size.
- Short (Sell) trades are debited with the number of points by which the respective index has been adjusted multiplied by the trade size.
Additionally, taxes on Cash Index CFDs are deducted from the trading accounts and paid to the Italian Tax Authorities in the following way:
|Notional Value of the contract||Italian Financial Transaction Tax|
|Up to 2,500 EUR||0.25 EUR|
|2,500 to 5,000 EUR||0.50 EUR|
|5,000 to 10,000 EUR||1.00 EUR|
|10,000 to 50,000 EUR||5.00 EUR|
|50,000 to 100,000 EUR||10.00 EUR|
|100,000 to 500,000 EUR||50.00 EUR|
|500,000 to 1,000,000 EUR||100.00 EUR|
|Over 1,000,000 EUR||200.00 EUR|