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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. 67.56% 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 Group Ltd is a company incorporated in Cyprus under registration number HE 282265, with its registered office at 70 Kyrillou Loukareos, KAKOS PREMIER TOWER, 2nd Floor, 4156 Limassol, Cyprus. The Company is authorised and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under Licence No. 150/11 and operates in full compliance with the Markets in Financial Instruments Directive (MiFID II). “JFD Brokers” is a brand name and registered trademark owned and used by the JFD Group of Companies.

JFD Group Ltd 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. In addition, the Company is authorised to provide the ancillary services of safekeeping and administration of financial instruments, granting credits or loans in connection with one or more financial instruments, foreign exchange services linked to the provision of investment services, and investment research and financial analysis. Clients are strongly advised to read and fully understand the Terms and Conditions of JFD Group Ltd before engaging in any activity with the Company.

Access to the Company’s trading platform and investment services is strictly prohibited for individuals under the age of 18, or below the legal age of majority in their country of residence, and for any persons who are otherwise legally incapable of entering into binding contracts under applicable laws. In the case of legal entities, access is limited to those duly incorporated and authorised to enter into legally binding agreements under the laws of their jurisdiction of incorporation, formation or domiciliation.

JFD Group Ltd may only provide services to clients resident in the European Economic Area (EEA) or in jurisdictions where the Company holds the necessary legal authorisations to do so.

The provision of investment services is restricted for residents of certain countries, including but not limited to the United States of America, Russia, Belarus, Poland, Latvia, the Czech Republic, Moldova, Montenegro, Serbia, the United Kingdom and any other jurisdiction where domestic regulations prohibit such offerings.

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Risk Warning: 67.56% 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. Please consider our Risk Disclosure.