JFD Brokers are really proud of their execution, which is as mentioned a direct market access with multiple liquidity providers for CFDs and Forex trading. This allows for the best prices, low spreads and the commission is the only thing to worry about when it comes to market conditions.
The platforms available with JFD brokers are
While many brokers do not allow MT4 and MT5 to have the same set of assets sometimes, JFD supports all their assets on all their platforms. Since MT4 and MT5 are relatively new platforms, we decided to take a peek at Guidants, where we did not have much experience before.
JFD Brokers Guidants access is also available in the demo mode, so when you are opening the account, first select the demo account and the platform. With demo account you dont have access to the my-JFD client portal. The login info that will arrive to your email inbox after verification of the email address. We did not realize this at first so we tried changing our my-JFD password, but the system was not giving us any indication that we do not even have access, instead generating a message that verification code will be sent to reset the password. We figured out the login credentials in the email are just for the trading platform, after a chat with the live support.
In short, Guidants requires first a registration with their system – the easiest way is to simply use the Facebook login. After that, the broker login is next. For that, the info JFD Brokers provided in the email is used. This will credit the amount selected for deposit in JFD Brokers system. We have selected 5 million which is maximum and the biggest demo account we have seen so far.
Guidants is for us a new system to trade Forex and CFDs, so it took some time getting used to it. First thing one notices is that the work surface is blank – the level of individual customisation is almost endless. One can create sets and widgets and save almost any kind of preset in almost every section, from asset watch list, news to selected strategies and indicators. This may be a bit overwhelming to beginners so we definitely recommend using the guide that is available on JFD Broker’s website. In the end when one settles on the look and feel that suits her, Guidants is a really powerful trading tool with integrated copy trading, webinars and other helpful tools.
There was one issue we did not manage to resolve, maybe we should have started with this immediately – we could not switch Guidants to English language. It was in German. So if you do not how to speak Deutsch, maybe best you keep to MT4 or MT5.
Underlying assets available are
- 64 forex pairs
- 4 precious metals
- 15 indices based CFDs
- more than 400 stock CFDs
- 7 commoditiy CFDs
- 2 bonds CFDs
- 21 ETFs based CFDs
- 2 bitcoin CFDs