Traders Beware!

Fraudulent websites posing to have a connection with JFD

Please be aware of fraudulent websites
posing as JFD's affiliates and/or counterparties

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Application of a Tobin Tax on Spanish stocks

The latest amendments in the Spanish tax legislation (Law 5/2020 on the Tax on Financial Transactions) imposed a tax charge to which you might be subject. From 18/01/2021 and onwards, we will be charging a Tobin Tax when you buy and hold for more than a single day exchange-listed stocks of Spanish companies having market capitalisation greater than 1 billion euro (calculated in December of the previous year). The tax rate is 0.2% of the purchased stocks’ nominal value.

You will recognise the charge as “Spanish FTT” in the history tab of your Trade terminals. JFD will arrange all associated procedures for transferring the tax to the Spanish tax authority.