Global Prime vs JFD Bank

Global Prime vs JFD Bank Comparison Table 2023
Global Prime JFD Bank
3.8
2.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Global Prime is a multi-regulated trading broker offering 100+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation.

JFD Bank is a one-stop multi-asset broker that offers trading on 1500+ instruments from 8 asset classes using the popular MetaTrader 4 and MetaTrader 5 and lesser-known Guidants trading platforms. With more than 60 forex pairs and 400 shares as well as indices, ETFs, commodities and cryptocurrencies, this broker provides the flexibility to build a diverse portfolio.

Comment by Reviewer
"Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading." "JFD Bank will suit traders familiar with the MetaTrader platforms looking to speculate on a wide range of instruments, especially stocks."
Pros
  • Full range of investments
  • Multiple account currencies
  • Multiple deposit methods
  • MetaTrader 4 integration
  • Good execution speed
  • Strong regulation
  • Copy trading
  • Powerful MetaTrader software will meet the needs of experienced traders
  • Excellent range of products with 1500+ assets
  • Regulated by the CySEC in Europe
  • Free demo account for new users
  • Commission-free stock trading
  • Award-winning broker
Cons
  • Clients from US and Canada are not accepted
  • No MetaTrader 5 integration
  • Customer support is not available on the weekend
  • $500 minimum deposit is high for beginners
  • Wide spreads on some forex pairs
Awards
  • Fastest Growing Forex Broker Europe 2020 - Global Banking & Finance Review
  • Best OTC Brokerage Western Europe 2020 - International Business Magazine
  • Fastest Growing Financial service company Western Europe 2020 - International Business Magazine
Instruments
Forex, indices, commodities, cryptocurrencies, shares, bonds Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs
Demo Account
Yes Yes
Minimum Deposit
AUD $200 $500
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, VFSC, FSA CySEC, VFSC, BaFin 
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android Yes
Auto Trading
Yes Yes
Copy Trading
Yes Yes
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. JFD Bank offers mirror trading to retail investors with multiple providers and strategies to copy.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SGD
  • USD
  • EUR
  • GBP
  • CHF
Stock Exchanges
Commodities
CFD Trading
Global Prime scores highly for its competitive ECN spreads across a range of CFD markets. CFD trading on stocks, indices, commodities, ETFs and crypto, with leverage up to 1:30 for retail traders or 1:400 for professionals. Zero-fee CFDs are available on stocks and crypto, and spreads are floating.
Leverage
1:200 1:400
FTSE Spread
0.84 6.0
GBPUSD Spread
0.64 3.5 
Oil Spread
1.6 Floating
Stocks Spread
Variable Variable
Forex Trading
Global Prime offers online trading on a long list of major, minor and exotics currencies. 66 forex pairs are available including majors, minors and exotics. Spreads are variable and relatively wide at 3.5 for GBP/USD and 1.8 for EUR/USD when tested, and leverage for retail traders is limited by regulatory restrictions to 1:30.
GBPUSD Spread
0.75 3.5
EURUSD Spread
0.16 1.8
EURGBP Spread
0.85 1.3
Assets
48 66
Cryptocurrency
Global Prime offers more than 35 digital coins with impressively low commissions from 0.1%. JFD Bank offers CFDs on a narrow selection cryptocurrency pairs: BTC/USD, BCH/USD, ETH/USD and LTC/USD. Spreads are variable and clients can trade cryptos 24/7.
Spread
Floating Floating
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Global Prime
vs
JFD Bank
vs