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GDPR

General Data Protection Regulation

What is GDPR and how does it affect you?

The General Data Protection Regulation (GDPR) introduced on the 25 May 2018 seeks to protect European Union citizens in regards to the processing and movement of their personal data. The rules apply to all institutions in the EU that process such personal information and give consumers the right to know what kind of data a company has on them and to choose to delete such information. In this respect, a company needs to have the consent of its clients to use their information. This is a very positive change for clients. The new regulation reinforces your personal data rights, introduces higher standards for keeping such data secure and gives you more opportunities to question what you are signing up for, opt out from future communications and make a claim for damage resulting from the misuse of your data.

What we did in order to comply with GDPR:

We have updated our Privacy Policy, Cookie Policy and Client Agreement on how we collect, use, control and process your personal data.

The following are changes we made to protect your rights:

  • Your consent to process your data is now required.
  • You are aware of the reasons and the kind of personal data we collect: contact, family and professional data, tax and financial data.
  • You know who receives your data.
  • You can object to the use of your data for marketing activities.
  • Your personal data is kept for an additional 5 years after the end of our business relationship with you.
  • You have a clear outline of your rights in regards to the data we hold on you.
  • Your data may be processed outside the EU, when these are shared and processed with other companies of the JFD Group.
  • You can decide which cookies to accept with our Cookie control.

You can further review the changes by reading the respective policies.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.27% of the retail investor accounts lose money when trading CFDs with JFD. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Seek independent advice if necessary and review our Risk Disclosure and Privacy Policy before opening an account.

JFD is a leading Group of Companies offering financial and investment services and activities. “JFD Brokers” is a brand name and registered trademark owned and used by the JFD Group of Companies which includes: JFD Group Ltd a company with registration number HE 282265 authorised and regulated by the Cyprus Securities and Exchange Commission (‘CySEC’) under License Number 150/11 and JFD Overseas Ltd a company authorized and regulated by the Vanuatu Financial Services Commission (‘VFSC’) under License Number 17933.

JFD Group Ltd operates in accordance with the Markets in Financial Instruments Directive (MiFID II) and is licensed to provide the investment services of reception and transmission of orders in relation to one or more financial instruments, execution of orders on behalf of clients, dealing on own account, portfolio management and investment advice. JFD Group Ltd is also licensed to provide the ancillary services of safekeeping and administration of financial instruments, granting credits or loans to one or more financial instruments, foreign exchange services where these are connected to the provision of investment services and investment research and financial analysis. JFD Overseas Ltd is licensed to carry on the business of dealing in securities, execution of orders on behalf of the clients and portfolio management. Read and understand the Terms and Conditions of each entity of the JFD Group prior to taking any further action.

Regional restrictions: JFD Group Ltd is allowed to serve only clients whose residence is in the EEA or in a country where the company has a legal permission to do so whereas JFD Overseas Ltd is allowed to serve only clients whose residence is in another third country.

A restriction on offering investment services applies to residents of certain jurisdictions including the USA, Russia, Belarus, Poland, Latvia, Japan, Australia, New Zealand, Singapore, Egypt, Czech Republic, UK and to residents of other countries whose domestic regulations classify such investment offering as prohibited.

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Risk Warning: 72.27% of retail investor accounts lose money when trading CFDs with this provider.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.