Broker Review

Regulatory Status

JDFX is registered as a Financial Service Provider (FSP) in New Zealand under number FSP302606. However, this registration does not equate to full regulatory oversight. The FSP registration does not authorize JDFX to provide retail financial services, and many of the listed financial services under this registration are marked as “cancelled.” JDFX itself acknowledges that its FSP registration does not imply regulatory oversight and offers services only to clients residing outside New Zealand or to New Zealand residents qualifying as “Wholesale Investors.”

Company Information

• Company Name: JD Capital Financial Group Ltd

• Headquarters: Level 12, Huawei Centre, 120 Albert Street, Auckland 1010, New Zealand

• Established: 2012

• Contact: +64 9 973 2060, support@jdfx.co.nz

Risk Assessment

• Regulatory Oversight: Limited

• Investor Protection: No compensation schemes available

• Withdrawal Concerns: Some users have reported issues with withdrawals

• Customer Support: Mixed reviews regarding responsiveness

Conclusion

While JDFX offers trading services, the lack of full regulatory oversight and limited investor protection mechanisms pose significant risks. Potential clients should exercise caution and consider these factors before engaging with the platform.