JFD Overseas: international CFD accounts after the Cyprus closure

The VFSC lists JFD Overseas Ltd, licence 17933, as active in Classes A, B and C.[3]

The live registration form names JFD Overseas and links its agreements. A visible application form does not establish permission to serve every country; acceptance and the contractual entity must be checked for the applicant’s residence.[7]

JFD Group’s Cyprus website states that opening new CFD positions stopped on 21 April 2026 and client agreements ended on 28 April, when remaining positions would be closed. The notice offered a consent-based transfer to another provider, including GBE Brokers. This profile therefore describes the live Vanuatu offer; the former Cyprus CFD account is not presented as a current alternative.[23]

Onboarding requests a valid passport, address evidence dated within six months and a selfie, with country-specific requirements possible. Another trading account can be requested separately.[6]

The registration page tells clients registered before 22 August 2026 to use the legacy v1.jfdoverseas.com portal. That operational split can explain why a long-standing client’s login path differs from a new applicant’s. Use the portal appropriate to the existing account and retain its account number and agreement rather than treating a second registration as a migration instruction.[7]

The current footer excludes, among others, the European Union, United States, Canada, China, India, Japan and Switzerland, together with a longer named restricted-country list. It also identifies JFD Group Ltd in Cyprus as a payment agent. A payment agent is not automatically the counterparty supplying the Vanuatu trading account.[1]

View full spreads & trading costs

Standard tiers cover forex, metals, indices, commodities and shares. Cent tiers cover forex / metals plus MT5 crypto.[5]

The instrument catalogue is useful for identifying symbols and their underlying exposure, but parts retain older seasonal-hour examples and margin columns from earlier account structures. Use the offered account’s live specification for current dealing hours, permitted size and margin. This matters particularly around daylight-saving changes and when comparing a new tier with an older JFD trading setup.[8]

The execution policy defines JFD Overseas as counterparty to transactions on its trading venue. An account described by its spread or commission structure still has that contractual relationship. Cost comparisons should include the executable spread, the applicable commission and holding charges, using the same contract quantity and intended holding period.[12]

The account table marks swap-free availability but also publishes ordinary swap schedules. Obtain the applicable eligibility, duration and replacement-charge terms.[5]

The agreement describes overnight swaps and a usual Wednesday three-day charge, with instrument-specific exceptions. A multi-day strategy needs its current long or short financing rate.[11]

The agreement permits a monthly inactivity charge of 20 units of account currency after three months without trading or funding. It applies to available funds in a funded account; never-funded accounts are excluded.[11]

The account page specifies a 1% exchange-rate adjustment for required currency conversions.[5]

The agreement permits closure after two inactive years and reserves a right to close balances below 100 units. Reconcile that clause with a lower-entry Cent account.[11]

The live website provides MetaTrader 4 and MetaTrader 5 browser links and an account menu. Use the platform and server issued for the actual account; the brand name alone is insufficient to identify its login or contract configuration.[1]

The FAQ permits scalping and Expert Advisors.[6]

The difference between 1:400 and1:1,000 is operationally material: on an illustrative USD 10,000 notional exposure, those ratios imply USD 25 or USD 10 initial margin respectively. That arithmetic does not establish which ratio the broker will grant. The applicable instrument and accepted account schedule must resolve the website / policy difference before the trader uses either figure.[13]

The execution policy says an order can fail without a requote where price, size or liquidity prevents execution. Its policy description includes fill-or-kill market orders and partially executable limit orders. Meanwhile, the agreement describes triggered limits becoming market orders. The relevant symbol’s actual execution and fill settings therefore need to be checked; neither an accepted request nor a trigger proves a completed fill.[12]

JFD’s risk disclosure warns that closing an order-entry window does not cancel an instruction already sent to the server. Repeating an instruction whose result has not arrived can create a second transaction. During a connection problem, inspect the account’s order and position history before resending the same trade, and retain the original timestamp and ticket where available.[14]

The payment page lists no deposit charge for its shown crypto routes and bank transfers, while retaining bank / intermediary costs. It also presents local Latin American channels, including PIX in Brazil and SPEI in Mexico. Availability of a local deposit option should be checked separately from its outward-payment route. A card, e-wallet and cryptocurrency network can have different withdrawal costs.[9]

The agreement credits deposits within one business day after cleared receipt. Complete bank-withdrawal requests are payable within five business days if free margin covers the amount plus charges and identification is complete. Third-party and anonymous payments are excluded.[11]

The FAQ says refunds and withdrawals normally return to the original funding source.[6]

Keep the accepted source account available and check the outgoing route separately from the deposit option. Regional processors, cards and international wires have different method, currency and bank requirements; a deposit choice alone does not settle the withdrawal workflow.[9]

Termination requires settlement of outstanding liabilities. The agreement permits retaining funds for obligations and returning the remainder with a statement.[11]

The account table explicitly states no negative-balance protection.[5]

The website risk disclosure instead describes responsibility for losses up to total deposits. These statements differ materially. Obtain written clarification of deficit liability in the accepted contract; a stop-out percentage alone does not guarantee a zero floor or a timely liquidation price.[15]

JFD Overseas states that client funds are segregated. Its risk disclosure also explains that money can pass to banks, brokers or other counterparties and may sit in omnibus accounts. In a third-party insolvency the recovery can be insufficient, including where only an unsecured claim remains. Segregation should therefore be assessed as a custody arrangement, not a guaranteed reimbursement amount.[14]

The international site identifies a Vanuatu trading entity and a separate Cyprus payment agent. A payment arrangement does not make the trading contract a Cyprus retail account. Assess the counterparty, applicable client-money rules and complaint jurisdiction shown in the actual agreement.[4]

The linked client and website PDFs retain Cyprus-law wording, while the current web legal text states Vanuatu jurisdiction. The account documents should resolve that difference before acceptance, especially for a client assessing litigation or complaint options. This profile does not turn a group website’s legal wording into a promise of European compensation.[17][10]

The complaints policy asks for the client’s name, account number, event date / time and precise issue. Support initially tries to resolve suitable concerns within five business days; unresolved matters can be escalated to compliance. Keep the reference number and the amount or remedy sought in later correspondence so the investigation refers to the same event.[16]

For a security incident or operational failure, send the account and event details promptly using the published support route. The policy permits authenticated email or signed instructions and can require additional verification before acting. A general support contact is not a promise that a trade will be executed by telephone; an urgent instruction needs explicit acknowledgement.[12][19]

For a missing registration PIN, the FAQ says to check spam or junk, then contact support.[6]

The current registration form separates legacy and new clients. Establish whether the problem concerns the correct portal, verification or the trading terminal; opening another registration is not the same action as recovering an existing account.[7]

The privacy policy says the company periodically asks clients to update or confirm account data. It collects tax residence, financial circumstances and bank details including IBAN and SWIFT / BIC where applicable. Initial verification therefore does not end the documentation process. Keep the registered contact and payment information current so a later funds request can be matched to the account.[18]

JFD Overseas Copy Trading lets a follower choose a strategy provider, later add providers, set maximum-loss controls and pause, unsubscribe or reconnect. It describes automatic closure when a configured loss limit is reached, subject to platform functionality and conditions. Those controls do not establish that unsubscribing automatically liquidates every existing copied position; agree the treatment of open exposure before disconnecting.[20]

Strategy providers can earn performance fees under the applicable terms. A follower should distinguish the price of the broker’s CFD execution from remuneration paid to the strategy provider. Displayed past performance also says little about how simultaneous positions, loss limits or a withdrawal will affect a newly funded follower account with a different balance.[20]

The PAMM service is presented as infrastructure for money managers, strategy providers and fund or wealth managers. The manager executes through a master account and handles the strategy and investor relationship, while JFD Overseas supplies allocation technology, market access and operational support. Investors retain visibility into their accounts. The allocation structure and manager mandate are therefore central documents, separate from the ordinary self-directed CFD account.[21]

For example, a USD 500 deposit with USD 500 credit is not USD 1,000 of withdrawable money. Removing cash also removes the credit and can change the margin supporting existing positions. The promotion allows EAs subject to the company’s rules and treats internal transfers as withdrawals rather than fresh deposits. Its balance presentation should not be used as a substitute for available-cash and post-withdrawal margin calculations.[22]

The agreement provides daily performance / cost reports and an itemised cost breakdown on request. Retain account statements alongside external cash-transfer records.[11]

The risk disclosure tells clients to retain internal-mail messages because they are automatically deleted within three calendar days. Save operational notices and communications concerning disputed orders promptly. An account-history export and a saved notice serve different purposes: the former records transactions, while the latter can establish what instruction or explanation was communicated.[14]

The website terms describe market commentary and other published content as informational material, not personalised investment or tax advice. For a managed or copied strategy, the authority to trade comes from the accepted service mandate and platform subscription, not from the presence of research or a marketing description on the website.[17]

JFD Overseas dates its own establishment to 2017 and its financial-dealer licence to 2023. It forms part of the wider JFD group, but the overseas business should be assessed on the services and protections now attached to that company. The April 2026 Cyprus CFD closure and August 2026 portal split make older generic JFD reviews especially easy to misapply.[2][23]

For an applicant assessing this account, the useful sequence is to settle the contractual terms first, then compare the intended instrument, trading service and payment method. That order exposes disagreements before they affect a funded account. Keep the accepted documents so later support discussions can refer to the actual version supplied.

Headquarters

Profiled account entity: Port Vila, Vanuatu

Founded

2017