Reported as a scam / unregulated
Why JDFX is on the register
JDFX claims to have been established in 2012 and is operated by JD Capital Financial Group Ltd , based in New Zealand. It states that it is registered as a New Zealand Financial Service Provider. While we have verified that this company does appear in the Financial Service Providers Register, several critical concerns have been identified. First, the registration does not list any associated website domains, making it impossible to confirm the legitimacy of JDFX platform. Second, and more importantly, the record indicates that JDFX does not hold license to provide retail financial services. Many of the listed financial services under this registration are marked as “cancelled.” It is crucial to understand that FSP registration in New Zealand is not a licensing or regulatory approval. Being registered does not mean the firm is regulated or supervised by a New Zealand authority. JDFX itself acknowledges this on its website, stating that it only offers services to clients residing outside New Zealand or to New Zealand residents who qualify as “Wholesale Investors.” The platform explicitly notes that its FSP registration does not imply regulatory oversight. Additionally, JDFX holds no licenses or regulatory authorization from any other reputable financial authority globally. Therefore, we should mark this platform as a fraudulent operation.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.