- 2023-06-21 The CySEC added JFD Trade to its warning list
On June 22, 2023, the Cyprus Securities and Exchange Commission (CySEC) added JFD Trade to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=674cc20c-98ee-459e-8c71-8938ac092fab
- 2023-06-27 BrokersView has reviewed that JFD Trade is an unregulated broker
JFD Trade claims to be regulated by the Italian Companies and Exchange Commission (CONSOB) and the Cyprus Securities and Exchange Commission (CySEC). However, our investigation about this broker reveals that it neither registered with the CONSOB nor with the CySEC. Additionally, the CySEC has added JFD Trade to its warning list.
In essence, JFD Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
JFD Trade claims to be regulated by the Italian Companies and Exchange Commission (CONSOB) and the Cyprus Securities and Exchange Commission (CySEC). However, our investigation about this broker reveals that it neither registered with the CONSOB nor with the CySEC. Additionally, the CySEC has added JFD Trade to its warning list.
In essence, JFD Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
- 2023-07-26 The Italy's CONSOB orders the blackout of JFD Trade
On July 27, 2023, the Italian Companies and Exchange Commission (CONSOB) has ordered JFD Trade's website to be blacked out since it offers financial services illegally. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-27-july-2023/718268
On July 27, 2023, the Italian Companies and Exchange Commission (CONSOB) has ordered JFD Trade's website to be blacked out since it offers financial services illegally. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-27-july-2023/718268
- 2023-08-01 BrokersView has discovered that JFD Trade's website is unavailable
The website of JFD Trade https://jfdtrade.net is inaccessible, suggesting issues with the broker's reliability and resources. Please be aware of the risks involved and stay away from JFD Trade.
The website of JFD Trade https://jfdtrade.net is inaccessible, suggesting issues with the broker's reliability and resources. Please be aware of the risks involved and stay away from JFD Trade.
Copyright © 2026 FastBull Ltd
Risk Warning
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.