JustMarkets is an international broker with a huge following in Asia, and it was recently rebranded from Justforex to help the company expand. JustMarkets is accessible to millions of clients in over 197 countries, and it offers tight spreads, a wide range of assets, four different account types, and MetaTrader 4 and 5 to its customers. It also has 24/7 customer service in three different languages: English, Indonesian, and Malaysian. JustMarkets has won the award “Best Broker in Africa” from UF Awards 2023 and “Best Broker in Asia” from The Ultimate Best Brokers and B2B Fintech Awards (2022).
JustMarkets operates several websites to provide services to its clients from different regions. JustMarkets Ltd. provides services of reception and transmission of orders in relation to one or more financial instruments, and it executes orders on behalf of clients, manages portfolios, provides investment advice, and carries out ancillary services via website www.justmarkets.eu. This website is only available to clients from certain countries of European Union and European Economic Area. Just Global Markets Ltd. owns and operates website www.justmarkets.com and provides trading CFDs on a variety of financial instruments (currency pairs, indices, shares, commodities, etc.) and more to global clients. Products vary according to jurisdictions, Terms and Conditions apply.
Read through this review to learn what else JustMarkets has to offer its clients.
Pros and Cons
Pros
- MetaTrader 4/5 Offered
- Spreads from 0 pips
- Leverage Of Up To 1:3000 (up to 1:30 for retail clients and up to 1:30 for professional clients on justmarkets.eu )
- 170+ trading instruments
Cons
- No US, UK, or Japan Traders
Who Is Recommended For?
JustMarkets is suitable for traders of all experience levels. New traders can benefit from JustMarkets’ copy-trading services (discussed a few sections below), while experienced traders will enjoy the MetaTrader suites, as well as the more advanced, competitive account types. There are four different types of accounts—Standard Cent (only available on MT4), Standard, Pro, and Raw Spread—with this broker, and each is tailored to a different kind of trader.
The educational tools JustMarkets offers include:
Analytics. You can access a Market Overview, Daily Forecast, Market News, and an Economic Calendar to keep up-to-date on what is happening in the world economy.
Learning Center. At the Learning Center, JustMarkets makes available online webinars, glossaries, articles, and educational videos to clients who want to learn more about the various tradable instruments and strategies JustMarkets provides/allows.
Regulated By
- Cyprus Securities and Exchange Commission (Cyprus), license number 401/21
- Seychelles Financial Services Authority (Seychelles), Securities Dealer License № SD088
- Financial Sector Conduct Authority (FSCA) in South Africa with FSP number 51114
- Financial Services Commission (Mauritius), License number GB22200881
Top Features
- Competitive Trading Conditions. JustMarkets offers competitive trading conditions, including zero commissions on three of its four account types, up to 1:3000 leverage, and spreads starting from 0 to 0.3.
- MetaTrader. You can access MetaTrader 4 and MetaTrader 5 with this broker. Both platforms come with a wide range of tools, charts, analytical features, and more to enhance your trading experience. MT4 is available on mobile, web, and download, while you can access MT5 on PC and mobile.
- Copy Trading. One of the best features from this broker is its copy trading. Even if you have no trading experience, this tool allows you to copy the traders of proven-successful traders in the market. This add-on gives you full control of who you copy and how you copy, and there is even an Investor Protection Mechanism that halts copying if the market ends up going against your chosen trader. You can also, on the reverse side, apply to be copied as a chosen trader.
- Forex Social Trading. This tool is a service that allows investors to choose traders they want to copy (these traders are called signal providers). This tool is largely used, like copy trading, as a tool to benefit new traders, as it reduces the amount of time they need to spend on research to get going. You can use this Social Trading add-on right from your account. Products vary as of jurisdictions, Terms & Conditions apply.
Overview
Type of Broker |
CFD Brokers |
Regulation & Licensing |
● Seychelles Financial Services Authority license №SD088 (justmarkets.com), Cyprus Securities and Exchange Commission license number 401/21 (justmarkets.eu), Financial Sector Conduct Authority (South Africa), FSP number 51114, Financial Services Commission (Mauritius), License number GB22200881 |
Clients Accepted from |
197 Countries https://justmarkets.com/company/why-justmarkets |
Assets Offered |
Forex, Metals, Indices, Energies, Cryptocurrency Pairs, Shares |
Platforms Available |
Web, Download, Mobile |
Mobile Compatibility |
iOS, Android |
Payment Types Accepted
|
Visa, Mastercard, Skrill, Neteller, Perfect Money, Bank Transfer, mybux, Fasapay (Perfect Money, mybux, and Fasapay are not available on the EU site) |
Account Types
|
Standard (MT5) |
Pro (MT5) |
Features |
Most Popular Account, Tight Spreads, Basic Set Of Tools, Trading On Daily Charts Available, Best For Non-Aggressive Intra-Day Traders |
Best For Experienced Professionals, Can Use Any Trading Style, Narrow Spreads, No Commission, High Leverage, No Restrictions On Order # And Volume |
Account Currencies |
USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
Available Leverage |
1:3000 |
1:3000 |
Minimum Deposit |
$1 |
$100 |
Commission Per Trade |
N/A |
N/A |
Decimal Pricing |
Up to 5 |
Up to 5 |
Trading Instruments |
61 Forex, 7 Metals, 11 Indices, 14 Cryptocurrency Pairs |
61 Forex, 7 Metals, 13 Indices, 3 Energies, 14 Cryptocurrency Pairs, 164 Shares |
Min. Lot Size Per Trade |
0.01 |
0.01 |
Spreads |
0.3 |
0.1 |
Demo Account |
Yes |
Yes |
Swap/Rollover Free |
Yes |
Yes |
Copy Trading Support |
Yes |
Yes |
|
Raw Spread (MT5) |
Standard Cent (MT4) |
Features |
Dynamic Trading, Best For Traders With Frequent Trades On Short Time Frames, Spreads Start At Zero |
Designed For Beginning Traders, Account Balance Is Measured In US Cents |
Account Currencies |
USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
USC |
Available Leverage |
1:3000 |
1:3000 |
Minimum Deposit |
$100 |
$1 |
Commission Per Trade |
3 units of the base currency per lot per side |
N/A |
Decimal Pricing |
Up to 5 |
Up to 5 |
Trading Instruments |
61 Forex, 7 Metals, 13 Indices, 3 Energies, 14 Cryptocurrency Pairs, 164 Shares |
33 Forex, 4 Metals, 11 Indices |
Min. Lot Size Per Trade |
0.01 |
0.01 Cent |
Spreads |
0 |
0.3 |
Demo Account |
Yes |
Yes |
Swap/Rollover Free |
Yes |
Yes |
Copy Trading Support |
Yes |
Yes |
Trading Platforms
- MetaTrader 4
- MetaTrader 5
Trading and Investment Tools
- One Click Trading Yes
- Trade off Charts Yes
- Email Alerts Yes
- Mobile Alerts Yes
- Stop Order Yes
- Market Order Yes
- Trailing Stop Order Yes
- OCO Orders Yes
- Limit Order Yes
- 24hr Trading Yes
- Charting Package Yes
- Streaming News Feed Yes
Compliance & Regulation
JustMarkets is regulated by the Cyprus Securities and Exchange Commission (Cyprus, license number 401/21), the Seychelles Financial Services Authority (Seychelles)—Securities Dealer License № SD088, Financial Sector Conduct Authority (FSCA) in South Africa with FSP number 51114, and the Financial Services Commission (Mauritius), License number GB22200881
Fees & Commissions
- Rollover Fee Depends On Asset
- Margin Interest Depends On Asset
Pricing
There are four different types of accounts with this broker, each with their own pricing and instrument availability. Commissions are $0 for three out of the four accounts, while the Raw Spread account charges 3 units of the base currency per lot per side. There is no fee to sign up with this broker. You can find more information about contract specifications with JustMarkets at:
Service Details
- Supported Languages English, Indonesian, Malaysian
- Customer Service By JustMarkets
- Customer Service Hours 24/7
- Email Response Time Within 48 Hours
- Telephone Orders No
- Personal Account Manager Yes
Reliability & Security
In addition to being regulated by several different authorities, JustMarkets also takes security of its clients’ funds seriously. This broker gets its liquidity from eighteen of the world’s biggest banks. Additionally, JustMarkets’ client funds are segregated, meaning that the funds of the company and the funds of the clients are held separately. Other security measures that JustMarkets implements include:
- Data Transfer Protection Via SSL
- PCI DSS Security Standard
- Negative Balance Protection
- Multi-Server Infrastructure
- Data Storage Protection Via Encryption
User Experience
As of April 27, 2023 JustMarkets has a 4.8/5-star rating on TrustPilot out of 1,986 reviews. 90% of its ratings are five-star ratings, while only 3% are one-star (the rest fall somewhere in the middle). Other customer sites have given this broker ratings, including:
- Myfxbook: 3.7/5 (58 Votes)
- SAShares: 95/99 Trust Score
- FXScouts: 3.2/5
As you can see, user ratings of JustMarkets tend to be above-average.
Final Thoughts on
JustMarkets is one of Asia’s most popular brokers, and traders of all experience levels, from newbies to professionals, will love what this recently rebranded company has to offer. High-tech platforms, enhanced security, tight spreads, high leverage, and more are just some of the many highlights of JustMarkets.
Contact Info
Seychelles: Office 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles Cyprus: 13/15 Grigori Afxentiou Street, IDE IOANNOU COURT, office 102, Mesa Geitonia, 4003, Limassol, Cyprus
FAQs
Q: How do I open a new trading account?
A: If you already have an account, you can log into your “Back Office.” Open the “My Accounts Tab,” press the “Open New Account” button, and select between a demo and live account. You can open as many accounts as you want using the Back Office. If you are a new trader, go to https://justmarkets.com/registration/trader and begin the registration process.
Q: What promotions are available with this broker?
A: JustMarkets offers several promotions, including a $30 Welcome Bonus, 50% Deposit Bonus, and a $50 Per Referred Friend Bonus. Go to https://justmarkets.com/trading/promotions to see details on each of these promotions.
Q: What does “verification” mean in the JustMarkets registration process?
A: Verification refers to this broker confirming your identity, as well as your place of residence. It is mandatory to be verified to trade with JustMarkets, as this broker follows AML Policy.