JFD vs FirewoodFX

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, JFD currently holds a stronger overall rating (4.3) than FirewoodFX (3.3). JFD has a higher minimum deposit than FirewoodFX, at 500.0. Both platforms offer their clients demo accounts, mobile trading, scalping, MAM/PAMM. Traders should note that both companies offer the same minimum lot size 0.01, but JFD has a maximum lot size of 1000.0, while FirewoodFX offers 50.0. JFD offers a lower maximum leverage of 1:400, whereas FirewoodFX allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.3/5 (42 reviews)
4.2/5
4.4/5
4.2/5
4.4/5
3.3/5 (4 reviews)
3.6/5
3.6/5
3/5
3/5
Minimum deposit ($) 500.0 10.0
Commission 0.6 0.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 4
Minimum lot size 0.01 0.01
Maximum lot size 1000.0 50.0
Spread Variable Fixed
Broker type STP, DMA STP
Maximal leverage (1:?) 400 1000
Availability STP, DMA STP
Regulation CySEC (Cyprus), BaFIN (Germany), VFSC (Vanuatu) No Regulation
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Guidants MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, UnionPay, Skrill Wire Transfer, Credit Card, Debit Card, Moneybookers, Perfect Money, Neteller, UnionPay, Skrill, FasaPay, Local Deposits
Account Currency USD, GBP, EUR, CHF USD
Languages English, French, German, Italian, Bulgarian English, Chinese, Indonesian, Thai
Country Cyprus Saint Vincent and the Grenadines
Trading platform(s) timezone Bulgaria, Cyprus, Germany Saint Vincent and the Grenadines
Other trading instruments Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals Commodities
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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