Website: www.jfdbrokers.com / www.jfdprime.com

Founded in: 2011

Headquarters in: Limassol, Cyprus

JFD Prime is a liquidity provision and technology brand for the forex and CFD markets, owned by JFD Brokers Ltd. The company functions as a provider of deep liquidity, transparent trade execution and world class technology for end users of its forex and CFD product range.

JFD Prime FX Solutions

JFD Prime provides forex solutions as a prime brokerage and a forex technology provider.

Trading Technology

The forex trading technology offered by JFD Prime combines the use of multi-bank as well as single-bank platforms. Multi-bank platforms include the MT4 desktop and mobile clients as well as the Multi-account Trade Manager (Gold-I).

Single bank platforms are the proprietary platforms issued by major banks that also function as liquidity providers. Examples are:

  • Deal Station, from ABN AMRO
  • BARX offered by Barclays
  • FX eTrader, exclusively provided by BNP Paribas
  • Mercury, offered by BankofAmerica Merrill Lynch
  • Velocity from Citibank
  • Crossfinder provided by Credit Suisse
  • Deutsche Bank’s Autobahn platform
  • Redi FX, courtesy of Goldman Sachs
  • HSBC NET
  • Morgan-Direct from JPMorgan
  • Matrix, offered by Morgan Stanley
  • NomuraLive
  • RBS FX Stream
  • Neo from UBS.

JFD Prime works with the following ECN platforms to deliver the best of ECN-style trading experience:

  • Currenex
  • Hotspot FX
  • EBS
  • FXall
  • Bloomberg
  • Reuters
  • FXCM Pro
  • 360T
  • Integral
  • Fast Match
  • ADS

Companies which run their own ECN platforms can also benefit from JFD Prime’s FIX API (4.4), permitting them to connect to bridge providers and get access to 100% direct market access multi-bank forex liquidity. Solutions are fully scalable, and aggregated feeds are available. Access to ECN & MTF liquidity (100% DMA/STP) is also guaranteed, with complete post-trade transparency. All these are provided for a monthly flat fee.

As a Prime Broker

JFD Prime is a forex prime brokerage solutions provider. JFD Prime provides single and direct access to all Tier-1 forex liquidity venues to guarantee deep liquidity, speed of execution, and trading anonymity. These are provided at trading costs which are ultra-competitive.

The prime brokerage structure of JFD Prime functions with 15 Tier-1 Banks, 17 ECN platform providers, MTFs and non-bank liquidity pools. JFD Prime works with the following forex liquidity venues:

  • Barclays
  • BNP Paribas
  • Bank of America
  • Commerzbank
  • Citigroup
  • Credit Suisse
  • Deutsche Bank
  • Goldman Sachs
  • HSBC
  • JP Morgan
  • Macquarie
  • Morgan Stanley
  • Nomura
  • Royal Bank of Scotland
  • UBS

Ultra-low latency is provided as a result of the Tier-1 colocation hosting (EQUINIX NY/LD/HK/SG/AMS/LA) structure. This ultra-low latency technology supports as many as 50,000 trades per second. Trade executions are provided using MiFID compliant post-trade transparency with direct market access/straight through processing, resulting in FILL or FILL trade executions.

Clients get access to institutional-level pricing, with inter-bank spreads as low as 0.03 pips on the most liquid currency pairs at the peak hours of trading during a trading session.

Other Services

JFD Prime also services retail brokerages by providing white-labeling for the MT4. Product range for the MT4 includes:

  • 60+ major, minor and exotic currency pairs and precious metals.
  • 9 asset classes
  • Equinix server located in London, New York and Hong Kong
  • 550+ single stocks
  • Full post-trade transparency
  • 850+ instruments
  • ETFs and CFDs on indices and stocks covering 70+ countries