CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
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Is it safe?

Is JFD safe and legit?

Short answer, from public records

JFD states licences from VFSC and CySEC. We matched 1 on the regulator's own register (CySEC). We found no regulator warning naming the firm itself.

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Licences

Full broker page
  • ✓ On registerCySEC 150/11JFD Group Ltd
  • Stated by brokerVFSC 17933JFD Overseas Ltd

Regulator warnings

All warnings

None naming the firm itself.

0 look-alike site warnings (these copy the name; they are not JFD)

Real site: https://jfdoverseas.com/

Trustpilot

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is JFD safe?

JFD states licences from VFSC and CySEC. We matched 1 on the regulator's own register (CySEC). We found no regulator warning naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is JFD regulated?

JFD states licences from VFSC, CySEC. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake JFD websites?

We found no regulator warnings about look-alike sites for JFD. Still type the address yourself: https://jfdoverseas.com/

Which JFD company holds the VFSC licence (Vanuatu)?

JFD Overseas Ltd, licence number 17933. This is what the broker or a source states; we haven't matched it on the register. Check it yourself on the register: https://www.vfsc.vu/

Which JFD company holds the CySEC licence (Cyprus)?

JFD Group Ltd, licence number 150/11. We matched it on the regulator's own register. Check it yourself on the register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.