JustMarkets Review 2024

Highlights of JustMarkets

Spread fromEURUSD0pips

Trading Assets

Forex Indices Cryptocurrency Commodities Stocks Futures

Trading Platforms

MetaTrader 4 MetaTrader 5

4.1/5

More DetailsRegister67.86% of retail investors lose money when trading CFDs with this broker

About JustMarkets

Founded in 2012

Countries of registration:

Regulators:

SFSACySECVFSCFSCA

4.1/5

More Details

Register67.86% of retail investors lose money when trading CFDs with this broker

Countries of registration:

Regulators:

SFSACySECVFSCFSCA

Trading Assets

ForexIndicesCryptocurrencyCommoditiesStocksFutures

Trading Platforms

MetaTrader 4MetaTrader 5

Deposit/withdrawal:

compare JustMarkets trading accounts

JustMarkets broker provides online trading services for traders with varying levels of expertise. Everyone has the opportunity for education, opening a demo account, and receiving trading signals.

Pros and Cons of JustMarkets

JustMarkets reviews

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JustMarkets Broker Overview

JustMarkets is an international broker operating with clients from 197 countries. The company provides services for trading in financial markets, offering clients favorable conditions. Various trading accounts and a wide selection of trading instruments are available, allowing each client to choose the most suitable option for themselves.

JustMarkets Review Summary

Our review used a detailed broker evaluation methodology developed by our team of experts. This methodology includes an analysis of various aspects of the broker's operation, such as trading platforms, the range of trading instruments, the quality of educational materials, the efficiency of technical support, and many others. You can learn more about our approach to broker evaluation by following the link to our broker evaluation methodology.

If you want to learn more about what makes the JustMarkets broker worth (or not worth) your attention, continue reading our review.

Legal Entity	Regulator
Just Global Markets Ltd. Just Global Markets Ltd.	SFSA SFSA
JustMarkets Ltd JustMarkets Ltd	CySEC CySEC
JGM International Pty Limited JGM International Pty Limited	VFSC VFSC
Just Global Markets (PTY) Ltd Just Global Markets (PTY) Ltd	FSCA FSCA
GMFT Services Ltd GMFT Services Ltd	-

JustMarkets and its legal entities are regulated in different jurisdictions, including the Seychelles (SFSA), Cyprus (CySEC), Vanuatu (VFSC), and South Africa (FSCA). Regulation by CySEC and FSCA is generally considered more stringent and reliable compared to regulation in offshore zones such as the Seychelles or Vanuatu. On the other hand, multiple regulators may indicate the company's commitment to diversification and strengthening its regulatory reach, which can also be a positive factor.

The account opening process at JustMarkets seems simple and standard for the industry. Registration only requires basic information: country of residence, email, and password. After registration, email confirmation and account verification are needed for fund withdrawal, a standard practice.

The Official JustMarkets Website

All information about the broker is presented on its official website: justmarkets.com.

In addition to English, the JustMarkets website is available in many Asian languages, as the broker positions itself as a leader in Asia.

Both individuals and legal entities can become clients of the company. However, the broker is not a tax agent. Consequently, the payment of any taxes remains the traders' responsibility.

Registration

To create a personal account, you need to go through a simple registration process and fill in the fields:

• country of residence;
• email;
• access password.

Important! Registration on JustMarkets is not available to citizens from Ukraine, USA, Japan, United Kingdom, Russia, Belarus, and EU countries.

After registration, confirming your email and verifying your account is necessary. The broker also immediately opens a trading account for MT5, and JustMarkets sends the login details to your email.

Access to the personal account uses the email and password specified during registration.

Verification

Without profile verification, you cannot withdraw funds, so we recommend verifying your identity and address immediately after registration.

To start verification in the personal account, go to the menu "Profile" -> "Verification."

For verification, you need to upload:

• scan or photo verifying your identity;
• scan or photo of a document clearly showing your full name and address, matching the information provided in your profile. The document must be issued no more than 3 months ago.
• if you plan to make a deposit using a credit card, you will need to upload images of the front and back of the credit card.

Client's Area Overview

In the JustMarkets client's area, you can:

• open and manage trading and demo accounts;
• deposit and withdraw funds;
• participate in trading contests and company promotions;
• use promo codes to receive various bonuses;
• participate in the broker's affiliate program.

Minimum Deposit

One of the most attractive aspects of trading with JustMarkets is the ability to start trading with a minimum deposit of just $1. This makes the platform accessible to traders of all levels — from beginners to experienced investors.

JustMarkets offers a diverse selection of trading accounts, which should satisfy the needs of most traders. In addition, the broker provides several additional services, such as copy trading, MAM accounts, and various contests, making its offering even more attractive. However, we should note the absence of fixed spread accounts, which may be critical for specific categories of traders.

Trading Accounts

A complete description of all trading conditions is presented in the table.

JustMarkets trading accounts can be roughly divided into 3 types:

• Standard and Pro - commission-free accounts.
• Raw Spread - account with a narrow spread and commission.
• Standard Cent - cent account.

Before opening an account, creating a personal area and logging into it is necessary. Next, you need to select the type of account (from the 4 presented above). Mainly, the trading conditions on these accounts differ in:

Despite relatively comfortable trading conditions and democratic entry amounts required to open a deposit, the broker reserves the right to change margin requirements at any time.

Cent Account

Trading on a Forex cent account is the most critical stage of training, as the trader trades with invested money, and unlike a demo account, the client risks real money. On the other hand, these are tiny amounts of cash, and even if trading leads to a stop-out, the loss will be insignificant. Experienced traders on micro accounts can practice trading tactics and conduct price movement analysis.

Demo Account

For all accounts, except for the cent account, there is an opportunity to open a training account, on which the trading conditions are no different from the real ones.

In the 'Account Type' field, you are offered to choose from 3 options:

• Standard;
• Pro;
• Raw Spread.

Thus, the demo account is only available to registered users who have one of these accounts.

Islamic Account

JustMarkets offers an Islamic account, a specialized account type for those who follow Islamic financial principles. This account eliminates the accrual or deduction of swaps, making trading simpler and fairer for Muslim traders.

To open a Swap-Free account, you will need to:

1. Familiarize yourself with the rules and conditions. This step is critically important, affecting your future trading strategy.

2. Provide documents proving affiliation to the Islamic faith.

If you already have a standard account (Standard Cent, Standard, Pro, or Raw Spread), it can be converted to an Islamic account. To do this, you must contact customer support and fulfill all the conditions described above.

Copy Trading

Even if you lack trading experience, JustMarkets offers the opportunity to automatically copy the trades of leading Forex traders and earn income from their success.

How does it work?

1. Create and fund an investment wallet. Register on JustMarkets and fund your investment wallet in any convenient way. You can transfer funds to the investment wallet if you already have funds in other JustMarkets accounts.

2. Copy the best traders. Find the traders you want to invest in and start copying them. All their trades will be automatically copied to your account.

3. Monitor and earn profit. Go to the investor section and monitor your performance indicators. At any time, you can change the settings or stop copying.

The copy trading system on JustMarkets provides an excellent way to diversify your portfolio and earn a stable income without requiring in-depth trading knowledge.

Contests

JustMarkets offers unique opportunities for its clients through various Forex contests and drawings. With the Monthly Triumph Contest and the Weekly Lucky Draw, you can win outstanding prizes while doing what you love — trading in the Forex market.

How to participate in contests?

1. Registration. Register your trading account in your Area's "Bonuses and Promotions" section and deposit at least $100.

2. Weekly Lucky Draw. Your trading volume must be at least 3 lots during the week, after which you automatically become a participant in the weekly lucky draw. You can win one of four Honda scooters. The draw takes place every Monday.

3. Monthly Triumph Contest. Earn Gain points by making profitable trades. The top 10 traders with the most points will receive valuable prizes such as a MacBook, iPad, and Apple Watch.

MAM Accounts

Many professional traders and investors seek convenient and efficient tools for managing multiple accounts. JustMarkets' Multi Account Manager (MAM) system offers an ideal solution for managing many trading accounts through a single MT4 interface.

How to create a MAM account?

1. Registration and deposit. Register and fund your master account with at least $5,000.

2. Adding accounts. To start, you must have at least two investors with a total investment capital of no less than $5,000.

3. Trading. Execute bulk operations on managed accounts through your master account.

If you are a professional manager or an investor looking to entrust your funds to a professional, JustMarkets' MAM accounts offer flexible and reliable solutions for your investment portfolio.

The commission structure at JustMarkets can be described as average, and it should be acceptable for most traders.

Trading Commissions

Depending on the type of account selected on the JustMarkets platform, traders encounter different trading commissions. Paying attention to these costs is essential, as they directly affect your profitability.

Per Trade Commission

On Raw Spread accounts, the primary type of commission is the commission per lot. At JustMarkets, this commission is $3 per lot per side. This value is average for the market and represents the standard cost for many traders. However, it should be noted that these costs can accumulate significantly for large volumes of transactions.

Below is the commission per lot per side for the EURUSD pair at different Forex brokers:

Spreads and Swaps

For standard and Pro accounts, the main costs are spreads and swaps. JustMarkets spreads are at an average market level, providing acceptable conditions for most trading strategies. However, swaps are higher than the market average.

Below is a table of the minimum spread and swaps for major currency pairs on the standard JustMarkets account.

Inactivity Fee

If there has been no activity on the client's account for 150 calendar days, JustMarkets charges a fee of 5 USD for every 30 calendar days, starting from the 151st day. This fee is only applied to accounts with a balance of more than 0 dollars.

JustMarkets offers a wide range of methods for depositing and withdrawing funds, including electronic payment systems, cryptocurrencies, and bank cards, with the commission for most operations being 0%. The processing time for withdrawal requests is up to 2 business days, an acceptable term.

The only significant downside is the lack of the option to use bank transfers for depositing and withdrawing funds, which may be critical for some investors.

Deposit Methods

Payment System	Currencies	Deposit Fee	Operation Limit
Skrill	USDEUR	0%	from 5 USD
Neteller	USDEURRUB. . .show all	0%	from 5 USD
Perfect Money	USDEUR	0%	from 5 USD
SticPay	USDEURRUB. . .show all	0%	from 5 USD
Airtm	USD	0%	from 5 to 2500 USD
Visa	USDEUR	0%	from 5 to 10000 USD
Mastercard	USDEUR	0%	from 5 to 10000 USD

Cryptocurrency	Blockchain	Deposit Fee	Operation Limit
BTC (Bitcoin)	BTC	0%	from 5 USD
BCH (Bitcoin Cash)	BCH	0%	from 5 USD
ETH (Ethereum)	ERC20	0%	from 5 USD
GUSD (Gemini Dollar)	ERC20	0%	from 5 USD
USDC (USD Coin)	ERC20	0%	from 5 USD

Deposits and withdrawals are available using bank cards, various electronic payment systems, and cryptocurrencies. Current conditions should be verified on the relevant page of the company's website.

Withdrawal Methods

Payment System	Currencies	Withdrawal Fee	Operation Limit
Perfect Money	USDEUR	0%	from 1 USDfrom 1 EUR
Airtm	USD	0%	from 1 to 2500 USD
SticPay	USDEURRUB. . .show all	0% limitscommission limits	from 5 USD
Skrill	USDEUR	0% limitscommission limits	from 1 USDfrom 1 EUR
Neteller	USDEURRUB. . .show all	0%	from 1 to 10000 USDfrom 1 to 8500 EUR
Visa	USDEUR	0% limitscommission limits	from 5 to 5000 USDfrom 5 to 5000 EUR
Mastercard	USDEUR	0% limitscommission limits	from 5 to 5000 USDfrom 5 to 5000 EUR

Cryptocurrency	Blockchain	Withdrawal Fee	Operation Limit
BTC (Bitcoin)	BTC	0%	from 0.0015 BTC
BCH (Bitcoin Cash)	BCH	0%	from 0.05 BCH
ETH (Ethereum)	ERC20	0%	from 0.06 ETH
USDT (Tether)	ERC20	0%	from 10 USDT
USDC (USD Coin)	ERC20	0%	from 10 USDC

The broker processes the withdrawal request within 2 business days.

JustMarkets offers diverse trading instruments, including currency pairs, metals, energy carriers, stock indices, CFDs on stocks, and cryptocurrencies. This makes the platform flexible enough for various trading strategies.

However, it should be noted that despite the diversity, the total number of products offered is still less than some competitors. This may limit experienced investors looking for broader opportunities for portfolio diversification.

What markets are available?

Contract Specifications

The specifications include spreads (in points) and swaps for forex and CFD.

Margin Requirements

The leverage size depends on the type of trading account and the funds in it.

JustMarkets offers reliable and widely used MT4 and MT5 platforms on various operating systems, including mobile versions. This makes trading accessible and flexible for a wide range of users.

MetaTrader

The broker provides the ability to use MT4 and MT5 terminals. They can be downloaded directly from the official JustMarkets website.

MetaTrader features a standard set of indicators that can be customized. Mobile versions of MetaTrader 4/5 are also available, as well as the ability to trade on a web platform, i.e., directly through a browser.

Broker JustMarkets provides an extensive set of analytical materials, including an economic calendar, expert market reviews, and forecasts based on technical analysis. However, daily forecasts are available only in English.

What analytical materials are available?

• economic calendar;
• stock market analysis from broker experts;
• market reviews and news;
• daily forecasts based on technical analysis (in English).

The broker provides basic materials for beginners, which are helpful for the first steps in the market. However, there are no educational resources for experienced traders, which lowers the overall rating.

What educational materials are available?

For training beginners, the relevant tab contains materials.

They can be helpful for traders who are taking their very first steps in the market and are just beginning to understand the fundamental issues:

• key forex concepts;
• types of charts;
• analysis of leading technical indicators;
• trading platforms, etc.

As for training more experienced traders, such an opportunity is not provided. For example, there is no course for educational seminars (paid or free). However, there are recordings of webinars about tools and indicators for technical analysis.

The company provides the possibility of receiving feedback. To ask a question, you can click on the 'Support' tab, which is located in the right-hand menu.

The work of the service is well-organized, considering the possibility of asking questions in the following languages:

• English;
• Spanish;
• Portuguese;
• Indonesian;
• Malay.

In all cases, you can contact them 24/7.

Conclusion

Thanks to a wide range of trading platforms and educational materials, JustMarkets is a worthy choice, especially for novice traders. Experienced traders will also find advantages such as various trading accounts and quality technical support. However, it should be noted that the choice of trading instruments here is less diverse than that of some competitors.

FAQ

Is JustMarkets legit?

Yes, JustMarkets is a legitimate broker that is regulated and offers secure trading services.

Which country is JustMarkets from?

JustMarkets is based in Seychelles.

Is JustMarkets an ECN broker?

No, JustMarkets operates as an STP (Straight Through Processing) broker.

How does JustMarkets make money?

JustMarkets makes money primarily through spreads and commissions on trades.

Is JustMarkets good for beginners?

Yes, JustMarkets is suitable for beginners as it offers educational resources, a demo account, and trading signals.

Does JustMarkets offer a demo account?

Yes, JustMarkets offers a demo account for traders to practice and improve their skills without risking real money.

How can I open an account with JustMarkets?

To open an account with JustMarkets, visit their website, complete the registration form, verify your identity, and make an initial deposit.

How can I delete my JustMarkets account?

To delete your JustMarkets account, you need to contact their customer support team and follow the account closure procedure.

What is the minimum deposit for JustMarkets?

The minimum deposit for JustMarkets varies depending on the account type but generally starts from $1.

What is the maximum leverage on JustMarkets?

The maximum leverage offered by JustMarkets is up to 1:3000.

How do I deposit funds in a JustMarkets account?

You can deposit funds into your JustMarkets account using various methods such as bank transfers, credit/debit cards, cryptocurrencies, and e-wallets.

How do I withdraw money from JustMarkets?

To withdraw money from JustMarkets, log in to your account, navigate to the withdrawal section, select your preferred withdrawal method, and follow the instructions.

Does JustMarkets provide VPS?

Yes, JustMarkets provides VPS (Virtual Private Server) services to ensure stable and reliable trading conditions.

Is JustMarkets suitable for scalping?

Yes, JustMarkets is suitable for scalping as it offers competitive spreads and fast execution speeds.

Is JustMarkets suitable for auto-trading?

Yes, JustMarkets supports auto-trading through various trading platforms and tools.

Is JustMarkets suitable for hedging?

Yes, JustMarkets allows hedging strategies, enabling traders to manage their risks effectively.

Is JustMarkets suitable for spread betting?

No, JustMarkets does not offer spread betting services.