JFD Brokers Reduces Commissions on FX and CFDs

The brokerage has announced a series of reductions in its commission charges for traders.

JFD Brokers has announced that commencing 1 September 2016, it will be offering significant cost reductions on its commission charges for both CFDs and FX.

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The reduced charges will allow investors to take advantage of its new rates while lowering their trading costs, making trading more affordable for its clients who will be able to make savings of up to 60%.

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Precious Metals

JFD has also adjusted the commissions on the gold pairs (XAU/USD and XAU/USD.mini) for USD, EUR and CHF account base currencies to correspond with its FX rates (with XAU/USD being ten times lower).

The latest changes are an important step towards the optimisation of cost-effective trading with JFD which already offers its clients amongst the lowest commissions in the industry and are part of the firm’s plans to disrupt the industry by increasing the range and quality of premium services offered to its clients.

Last week, Finance Magnates also learned that in conjunction with the recently-announced management moves, the brokerage is spearheading the launch of a new fintech focused venture, seeking to address the high net worth and personal finance marketplaces via innovative robo-advisory solutions in order to speed up the development of its subsidiaries and initiatives.

A complete overview of the changes can be viewed on the brokerage’s website.

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