Diverse Trading with JustMarkets
JustMarkets offers an extensive range of trading instruments, including currencies, CFDs on commodities, indices, shares, and cryptocurrencies. Regulated by CySEC, FSA, FSCA, and FSC, JustMarkets stands out with tight spreads, flexible leverage, and a unique copytrading system.
Expert Reviewer Verdict
JustMarkets is an appealing choice for traders seeking tight spreads and a variety of trading instruments. With flexible leverage options, a swap-free program available to all, and an innovative copytrading system, it caters to both novice and experienced traders. The broker’s robust security measures, including segregated client funds and SSL data protection, ensure a secure trading environment. However, the lack of futures trading might be a limitation for some. JustMarkets excels in providing easy-to-use mobile and web trading platforms, making it a versatile option for traders looking for a reliable and feature-rich broker.
Pros and Cons
Pros
- Tight Spreads From 0 Points
- Swap-Free Trading
- Variety of Trading Instruments
- Flexible Leverage Range
- Innovative Copy Trading System
Cons
- No Futures Trading
- Fixed Commission on Raw Spread Accounts
- Inactivity Fee After 150 Days
- Processing Time for Withdrawals
Trust and Safety
Secure and Trustworthy Trading
JustMarkets prioritizes trust and security through stringent regulatory compliance and robust safety measures. The broker is regulated by CySEC, FSA, FSCA, and FSC, ensuring adherence to international standards. To prevent fraud, JustMarkets employs semi-automated customer and transaction monitoring, alongside rigorous identification and risk categorization processes.
Client fund security is paramount at JustMarkets. All client funds are held in segregated bank accounts, separate from the company’s own funds, and are deposited in reputable and well-capitalized banks. This segregation ensures that client funds remain protected even in the event of financial difficulties faced by the broker. Additional security features include SSL data transfer protection, a multilevel server system for uninterrupted service, and data encryption for both transfer and storage. JustMarkets also offers protection from negative balances, adhering to the PCI DSS security standard, to further safeguard client interests.
Regulatory Body |
Status |
ASIC |
No |
CySEC |
Yes |
DFSA |
No |
EFSA |
No |
FCA |
No |
FMA |
No |
FSA (SC) |
Yes |
FSCA |
Yes |
FSC |
Yes |
JFSA |
No |
MAS |
No |
MiFID |
No |
Tradable Instruments
Wide Range Of Tradable Assets
JustMarkets provides an impressive array of tradable instruments, catering to diverse trading preferences. Traders can access a comprehensive selection of currency pairs, including Forex majors such as AUDUSD, EURUSD, GBPUSD, and USDJPY, as well as minors and exotics like EURCAD, GBPNZD, and USDZAR. The platform also offers CFDs on commodities, covering essentials like US Natural Gas, Gold, Silver, and Crude Oil.
For those interested in indices, JustMarkets features CFDs on major global indices such as AU200, DE40, US100, and US500. Additionally, traders can engage with CFDs on shares, encompassing a wide range of US and EU shares. Cryptocurrency enthusiasts will find a selection of CFDs on digital currencies including Bitcoin, Ethereum, Litecoin, and Ripple.
This diverse portfolio ensures that traders have ample opportunities to explore various markets and strategies, making JustMarkets a versatile and comprehensive broker for both novice and seasoned investors.
Trading Instrument |
Available |
COMMODITIES |
Yes |
CURRENCIES |
Yes |
CRYPTOCURRENCIES |
Yes |
ETF |
No |
FUTURES |
No |
INDICES |
Yes |
STOCKS |
Yes |
BONDS |
No |
OPTIONS |
No |
Account Types
Versatile Account Options
JustMarkets offers a range of account types designed to meet the diverse needs of traders. The Standard Cent account is ideal for beginners, featuring micro lot sizes of 1,000 units, a minimum deposit of $10, and spreads starting from 0.3 pips, available exclusively on MT4. The Standard account, suitable for more experienced traders, offers standard lot sizes of 100,000 units, a minimum deposit of $10, and spreads starting from 0.3 pips, accessible on both MT4 and MT5.
For professional traders seeking tighter spreads, the Pro account requires a minimum deposit of $100, provides standard lot sizes of 100,000 units, and offers spreads from 0.1 pips on MT4 and MT5. The Raw Spread account is tailored for those who prefer fixed commissions, with a minimum deposit of $100, spreads starting from 0 pips, and fixed commissions per lot. This account type is also available on both MT4 and MT5.
Account Type |
Available |
DEMO ACCOUNT |
Yes |
ISLAMIC ACCOUNT |
Yes |
SEGREGATED ACCOUNT |
Yes |
MANAGED ACCOUNT |
No |
SUITABLE FOR BEGINNERS |
Yes |
SUITABLE FOR PROFESSIONALS |
Yes |
US TRADER |
No |
Commission and Fees
Transparent Fee Structure
JustMarkets maintains a transparent fee structure, ensuring traders are well-informed about potential costs associated with their accounts and transactions.
Account Minimum
The minimum deposit requirement for opening an account with JustMarkets is $10, making it accessible for traders at all levels.
Trading Fees
Trading fees vary by account type. For the Raw Spread account, there is a fixed commission per lot.
CFD Fees
CFD fees are charged per lot/side and differ based on the trading instrument. For example, indices fees range from $0.05 for AU200 to $5.00 for SG20. Cryptocurrencies have a commission rate of 0.15% per trade for most assets, with Bitcoin and Ethereum at 0.1%.
Forex Fees
Forex trading incurs a commission of $3 per lot/side on the Raw Spread account.
Futures Fees
JustMarkets currently does not provide futures trading and thus has no associated fees.
Account Fee
There are no additional account fees, except those mentioned for trading different assets on a Raw Spread account.
Inactivity Fee
An inactivity fee of $5 is automatically debited from the trading account if there is no activity for 150 days.
Deposit Fee
JustMarkets does not charge any fees for deposits, ensuring a cost-effective process for funding accounts.
Withdrawal Fee
Similarly, no withdrawal fees are charged, allowing traders to access their funds without additional costs.
Overnight Funding Fee
No overnight funding fees are charged by JustMarkets.
Currency Conversion Fee
There are no currency conversion fees, providing further savings for traders.
Guaranteed Stop Order Fee
JustMarkets does not charge any fees for guaranteed stop orders.
Trading Platforms
Advanced and Accessible Platforms
JustMarkets offers a comprehensive suite of trading platforms to cater to various trading styles and preferences, ensuring a seamless trading experience across all devices.
Mobile Trading Apps
JustMarkets provides the JM Mobile Trading App and MT4,5 Mobile Apps for both Android and iOS. These apps offer full trading functionality, allowing traders to manage their accounts and execute trades on the go.
Web Trading Apps
For web-based trading, JustMarkets offers the MT4 and MT5 Webtrader platforms. These platforms provide robust features, including advanced charting tools and a wide range of technical indicators, accessible from any web browser without the need for downloads.
Desktop Trading Apps
Desktop traders can utilize the MT4 and MT5 Desktop terminals, available for both Windows and Mac. These platforms offer extensive capabilities, including automated trading options, advanced analytics, and comprehensive trading tools, ensuring a powerful trading environment.
Trading Platform |
Available |
MT4 |
Yes |
MT5 |
Yes |
CTRADER |
No |
PROPRIETARY |
Yes |
Desktop and Web Platform |
Available |
DESKTOP WINDOWS |
Yes |
DESKTOP MAC |
Yes |
WEB PLATFORM |
Yes |
Mobile Platform |
Available |
ANDROID |
Yes |
iOS |
Yes |
Unique Features
Exceptional Trading Benefits
JustMarkets boasts several unique features that set it apart from other brokers. The broker offers tight spreads starting from 0 points, catering to traders seeking cost-effective trading conditions. With a wide variety of trading instruments, from currencies to cryptocurrencies, traders can diversify their portfolios with ease. The flexible leverage range allows traders to adjust their risk exposure according to their strategies and preferences.
Additionally, JustMarkets provides a swap-free program available to all traders, making it an inclusive option for those adhering to Islamic finance principles. The innovative copytrading system enables traders to monetize their trading experience by allowing others to follow and copy their trades. These standout features, combined with fast order execution and a progressive IB partnership program, make JustMarkets a compelling choice for both novice and experienced traders.
JustMarkets has introduced a robust opportunity for aspiring financial partners through its Introducing Broker (IB) Program. This initiative is designed to leverage the dynamic trading environment by rewarding individuals and entities for client referrals. Participants can earn up to $25 per lot based on the trading activity of referred clients. This tiered reward structure ensures that higher client engagement translates to greater earnings.
Research and Education
Comprehensive Learning Resources
JustMarkets is committed to empowering traders through robust research and education tools. The broker offers a variety of educational materials designed to enhance trading knowledge and skills. Traders can access detailed market analyses, trading strategies, and educational articles that cover a wide range of topics. These resources are tailored to suit both beginners and experienced traders, ensuring that everyone can benefit from the wealth of information available.
The educational tools provided by JustMarkets help traders make informed decisions and improve their trading strategies. By offering comprehensive learning resources, JustMarkets ensures that its clients are well-equipped to navigate the complexities of the financial markets and achieve their trading goals.
Customer Support
Dedicated Client Support
JustMarkets excels in providing responsive and comprehensive customer support to its clients. The broker offers multilanguage support, including English, Indonesian, Malaysian, Spanish, and Portuguese. Clients can reach out to support agents through various channels such as live chat, emails, messengers, and phone calls. Additionally, JustMarkets provides a detailed Help Center and chatbot for self-learning and troubleshooting, ensuring that clients have access to immediate assistance around the clock.
With 24/7 availability, traders can rely on prompt and efficient support to resolve any issues or queries they may encounter, enhancing their overall trading experience with JustMarkets.
Account Opening
Simple and Secure Registration
Opening an account with JustMarkets is a straightforward and secure process.
Registration: Begin by completing the online registration form on the JustMarkets website.
Verification: After registration, verify your email address to proceed.
Document Upload: Next, fill in your personal data and complete a questionnaire. For identity verification, upload a valid identification document. Additionally, provide proof of residence to finalize the verification process.
Once all steps are completed, your trading account will be opened, allowing you to start trading with JustMarkets.
Deposit and Withdrawals
Hassle-Free Transactions
JustMarkets offers a seamless and hassle-free process for deposits and withdrawals.
Deposits: Clients can fund their accounts using various methods, including bank transfers, cards, wallets, local agents, and cryptocurrencies. Processing times for deposits range from instant to up to 30 minutes, ensuring quick access to trading funds.
Withdrawals: Similarly, withdrawals are processed efficiently through bank transfers, cards, wallets, local agents, and cryptocurrencies. The processing time for withdrawals typically ranges from 30 minutes to up to 4 hours, allowing traders to access their funds swiftly.
With no fees for deposits and withdrawals, JustMarkets provides a cost-effective and convenient transaction experience for its clients.
Final Thoughts
JustMarkets stands out as a versatile and reliable broker, offering a wide range of trading instruments, including currencies, commodities, indices, shares, and cryptocurrencies. Regulated by multiple authorities, it ensures a secure trading environment with stringent fraud prevention measures and segregated client funds. The broker’s user-friendly platforms cater to traders of all levels, providing mobile, web, and desktop options.
Competitive features such as tight spreads, flexible leverage, and a swap-free program, alongside innovative tools like copytrading, make JustMarkets a compelling choice for both novice and experienced traders. While the absence of futures trading may be a drawback for some, the overall offerings and robust customer support make JustMarkets a noteworthy option in the trading landscape.
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
-
Question: What types of accounts does JustMarkets offer?
Answer: JustMarkets offers four account types: Standard, Pro, Raw Spread, and Cent Account, catering to both beginners and professional traders. -
Question: Are there any fees for deposits and withdrawals?
Answer: No, JustMarkets does not charge any fees for deposits or withdrawals, ensuring cost-effective transactions for traders. -
Question: What trading platforms are available with JustMarkets?
Answer: JustMarkets provides MT4 and MT5 platforms for desktop, web, and mobile trading, along with a proprietary JM Mobile Trading App. -
Question: How does JustMarkets ensure the security of client funds?
Answer: JustMarkets holds client funds in segregated bank accounts with reputable banks, ensuring funds remain secure even in financial difficulties.