Introduction
A reliable broker helps traders conduct their trades safely and make informed decisions using market analysis tools and educational resources. JustMarkets is a broker operating under multiple financial regulators making the broker a reliable and secure place for traders. Apart from assets, the broker has multiple deposit and withdrawal options and additional features like negative balance protection and fund segregation.
This Justmarkets review will cover the crucial details of the broker, including regulations, account types, trading platforms, withdrawal and deposit options and other special features and benefits. You can use this article as your guide for deciding whether Justmarkets broker meets your trading needs!
JustMarkets Overview
JustMarkets is an online broker platform for CFD and forex trading, headquartered in Limassol, Cyprus, providing an array of assets, including forex, commodities, cryptocurrencies, stocks and indices. The broker operates through multiple entities, including Just Global Market Limited, Just Global Market Private Limited, GMFT Services Ltd. and Just Global Market MU Limited. The platform also offers special offers like Justmarkets welcome bonus, copy trading etc. but there are no deposit bonuses.
Is Just Markets a Regulated Broker?
Yes, JustMarkets is regulated by multiple financial regulators, including FSA, FSCA, CySec and FSC. The broker’s Just Global Markets Ltd. entity operates under FSA with the registration number 8427198-1. The other entity, i.e. Just Global Markets MU Limited, is regulated under FSC with the registration number 194590 GBC.
JustMarkets Limited is regulated under another renowned financial regulator, CySEC, under the registration number HE 361312. And lastly, Just Global Market Pvt. Ltd. is regulated by FSCA with the number 2020/263432/07 and FSP in South Africa with 51114 registration no.
Trading Platforms Offered by JustMarkets
The platforms offered by JustMarkets include MT5 and MT4 on Android, iPhone, PC and web traders.
MT5
It is the latest and most advanced version of Meta Trader 4, and offers easy trading with features like copy trading, and mobile trading, available for traders. Justmarkets provides one click trading with drag and drop features along with 21 time frames, 44 graphic objects, 38 technical indicator, 24 analytical figures, virtual server service and more. It also provides market analysis tools like economic calendar for a better insight. Some other featured of MT5 platform are:
- Real time quotes
- Large range of trade orders
- Trading history
- Notifications
- Automatic trading level
- Color schemed charts
- Wide range of trading operations and quotations
- 3 types of charts including Japanese candlestick, bars, and broken line
MT4
It is MetaQuotes’s free trading software found in the year 2005, which allows traders to monitor, maintain, and manage trading account. This platform offers several features including:
- 9 timeframes
- Real time quotes
- Chance to close, open and modify pending orders
- 30 technical indicators
- Free market execution and low traffic
- Interactive and real-time graphs,
- Offline mode is available
- Various financial instruments of forex and other financial markets
WebTrader
The broker offers Webtrading on both MT4 and MT5 platforms, which can be accessed online through Gentoo, FreeBSD or Chrome OS. The benefits of using web trader are as follows:
- High security
- Does not require installation and can be used online
- It provides universal support
- It includes 9 timeframes, graphic objects, 30 indicators, charts and more
- Customizable charts with color schemes and additional elements
Account Types Offered by JustMarkets
JustMarkets provides a large number of account types options different for different trading platforms i.e. MT4 and MT5. Let’s look at the account types in detail, the account types available on MT5 platform are as follows:
Standard Account | Pro Account | Raw Spreads Account | |
Spreads | 0.3 pips | 0.1 pips | 0 pips |
Leverage | 1:3000 | 1:3000 | 1:3000 |
Minimum Deposit | $10 | $100 | $100 |
Assets | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY and ZAR | Same as Standard Account | Same as Standard Account |
Commission | 0 | 0 | $3 per lot |
Trading instruments | 61 Forex + 7 metals + 13 indices + 14 cryptocurrency pairs + 165 shares + 3 energies | Same as Standard Account | Same as Standard Account |
The account types offered on the MT4 platform is slightly different than that of the MT5 platform, but each account provides a high leverage of 1:3000 pips, to access a lower leverage and minimize risk, check out FXCM broker. let’s look at the accounts in detail:
Standard Cent | Standard Account | Pro Account | Raw Spreads | |
Minimum Deposit | $10 | $10 | $100 | $100 |
Leverage | 1:3000 | 1:3000 | 1:3000 | 1:3000 |
Spreads | 0.3 pips | 0.3 pips | 0.1 pips | 0 pips |
Assets | USC | USD EUR GBP JPY, ZAR etc. | Same as standard Account | Same as Standard Account |
Overall, traders can access an additional cent account on the MT4 platform.
Standard Account
The standard account is the basic and beginner’s account offered by JustMarkets, with a minimum deposit of $10 making is suitable for novice traders. Through this account traders can access spreads starting at 0.3 pips and a leverage up to 1:3000 which can be equally profitable and risky.
Pro Account
The Pro account is a little higher level of trading account with higher minimum deposit of $100 and suitable for experienced traders. With this account you can trade with tight spreads, competitive lvergae and no maximum order and volume limit.
Raw Spreads Account
With raw spreads account you can access frequent input and output and results in a short period. Moreover this account is an apt for scalping with competiive spreads and leverage.
Cent Account
Cent account requires minimum deposit and allows traders to trade with minimum risks. It is the best way to learn about forex trading, risk management and other skills. Some broker offer free cent account you can check out Stock Market.
Demo Account
The broker offers a demo account for free with close to real-time quotes. And operating in a simulated market environment. Moreover, demo training is available with any of the account types offered by the broker.
Islamic Account
Shariah law does not allow Swap trading, to allow Muslim traders the platform and opportunity, Justmarkets offers Islamic accounts as well. With this account, traders will, not be charged for keeping an account open overnight. If you wish to trade with an Islamic account, you can convert any of the account types into swap-free accounts with the help of customer support.
JustMarkets Withdrawals and Deposits
Justmarkets offers a wide range of payment options with no deposit and withdrawal commission or charges. The local bank transfers can be done through various local banks with zero additional charges. A wide range of withdrawal and deposit options provides traders the flexibility for transactions.
Currency | Min. | Max. | Fee | Process time | ||
Mastercard | EUR, USD | 10 USD and EUR | 10,000 USD | 0 | Within 30 days | |
Visa | EUR, USD | 10 USD and EUR | 10,000 USD | 0 | Within 30 days | |
Bank Transfer | AED,, AUD, HKD, PHP, TTD, BBD, HRK, PKR, etc. | 100 USD | 50,000 USD | 0 | 1-6 banking days | |
Nettler | JYP, EUR and more | 10 USD | 0 | within 5 minutes | ||
Skrill | EUR, USD | 10 USD | 0 | within 5 minutes | ||
Pefect Money | EUR, USD | 10 USD | 0 | within 5 minutes | ||
Sticpay | EUR, USD, JPY, KRW, etc. | 10 USD | 0 | within 5 minutes | ||
AIRTM | USD | 10 USD | 2,500 USD | 0 | within 30 minutes | |
Bitcoin | BTC | 30 USD | 0 | within 30 minutes | ||
Bitcoincash | BTH | 30 USD | 0 | within 30 minutes | ||
Ethereum | ETH | 30 USD | 0 | within 30 minutes | ||
USD Coin | USDC | 15 USD | 0 | within 30 minutes | ||
Tether | USDT | 15 USD | 0 | within 30 minutes | ||
BUSD | BUSD | 15 USD | 0 | within 30 minutes | ||
Binance | BNB | 30 USD | 0 | within 30 minutes | ||
Dogecoin | DOGE | 30 USD | 0 | within 30 minutes | ||
Litecoin | LTC | 30 USD | 0 | within 30 minutes | ||
XRP | XRP | 30 USD | 0 | within 30 minutes | ||
Fasapay | 10 USD | 0 | within 30 minutes |
Mobile Platform Offered by JustMarkets
This broker provides you acces to convenient trading through mobile application on both android and apple devices, allowing traders to actively trade from anywhere at anytime. The mobile version of the broker is as easy as navigating the broker website, as you can enjoy:
- Easy account management
- Quick transactions
- Access to various features and functions
JustMarkets Forex VPS
Forex VPS is an automated trading bot that conducts virtual trading based on the predetermined prompts. The best part of trading with an AI bot is that trades can continue 24/7 without any human observation or supervision. Moreover, it is simple to use and even novice traders can trade with predetermined data and it reduces the risk of losses.
Features Offered by JustMarkets
The broker offers a wide range of additional features including trading competitive leverage, copy trading, client fund protection etc.
Leverage and Margin
Justmarkets offers leverage starting from 1:1 to 1:3000, this wide range of leverage offers traders to choose a market strategy as per their preference. The margin size varies according to the leverage size and market conditions. The margin also increases due to rollovers, weekends and holidays because these periods have low leverage.
Trading Hours
All accounts on Justmarkets have trading available for 24 hours on 5 working days i.e. from monday to friday starting at 00:02:00 (GMT+2) Mondays till 23:58:59 (GMT+2) Fridays. You can opt for Trade245 broker to access trading 24/7.
Copy Trading
JustMarkets offers a wide range of copy trading opportunities for both investors and traders as the platform offers the portfolio of leading traders and a leaderboard to keep track of their trading journeys.
With Justmarkets’ copytrading you can:
- Create an investor wallet and make easy internal transactions.
- Copy experienced traders.
- Monitor trades and earn profit.
- Secure withdrawal and deposits.
- Protect your investments
- Keep an eye on the market movements
Client Fund Protection
This additional feature by the broker is to incorporate safe and reliable trading. Under this policy, traders can access the following benefits:
- Work Stability
- Liquidity provided by 18 world’s biggest banks
- Well-trained and professional support staff
- Fund Segregation if you are unaware of what fund segregation is, learn about it through educational resources provided by XYZ broker.
JustMarkets Login Details
With this broker creating an accoun is not necessary as traders can log in using their google and facebook accounts as well. But if you wish to create an account, do that from the broker website and proceed with your JustMarkets login using your credentials.
If you login using google or facebook, you will be required to fill details like country of residence email and passward. Once the login process is complete, you will be directed to your Justmarkets dashboard
JustMarkets Educational Resources
The broker offers an array of educational resources, including market overview, daily forex forecast, lates market news and economic calendar for learning the market situation. The broker offers educational resources in the form of the following:
- Articles on Forex
- Video tutorials
- Forex glossary
- Online webinars
JustMarkets Customer Support
Access 24/7 customer support provided in multiple languages including english, Indonesian, Malaysian, Spanish, and Portugese. The broker not only provides live chat support on the website but also email and contact support, reach out to the customer support team through the following sources:
Email: [email protected]
Connect on phone: +248 4632027, +230 52970330
You can also connect the broker support team through social media platforms including Telegram, Instagram, Messenger, Line, iMessage, and Viber
When we checked the social media links, some of the handles were not working like viber and Imessage.
Conclusion
Overall, Justmarkets is a secure and reliable broker offering various assets, trading platforms, account types ranging from least expensive to more expensive minimum deposit. Apart from that, the broker offers 24/7 customer support, educational resources and a forex trading bot for automated trading. All these perks makes the broker a great choice for forex and other trading.