History and Inauguration
JustMarkets, previously JustForex, is a company founded in 2012 with the exclusive aim of providing worldwide traders a reliable and simple way to access Forex and CFD trading. The company has earned a good reputation over the years for its friendly inside conditions and its service-oriented business in this competitive industry of brokers.
Mission and Ambitions
The mission of JustMarkets is to ensure that traders continue to prosper by providing innovative features which offer transparent pricing and great support. It wants to be a world-famous broker helping traders realize their economic goals.
Global Presence
JustMarkets today has managed to secure customers from over 197 countries with support in multilingual services and localization areas specially offered for customers from different regions around the world.
Strong and Weak Points
Strengths and Weaknesses:
Strong points:
- Multiple regulations
- Cost-free copy trading
- Low minimum deposit
- Fast execution speeds
Weak points:
- Lack of diversity in educational content
- Few trading platforms
- Limited research content
Safety and Regulations
Licenses Taken
JustMarkets is regulated by the Financial Services Authority (FSA) in Seychelles, which guarantees compliance with globally accepted financial standards to ensure a secure trading environment for clients.
Insurance and Segregation of Funds
Maximum protection to customer funds is guaranteed with the segregation of their funds at the world's best banks, in addition to the stepped-up provision for a negative balance so as not to exceed a customer's original deposit.
Tradable Instruments
Forex
JustMarkets provides over 65 Forex pairs for clients dealing between major-trading and exotic currencies pairs at good spreads. The product line is rounded up with good liquidity.
Commodities
Gold, silver, crude oil, natural gas, and more are traded here under a trade-savvy environment.
Indices
Now easily switch to world indices such as NASDAQ, S&P 500, FTSE 100, or Dow Jones (DAX) through which almost every major financial market can now be traded.
Cryptos
JustMarkets seems to ensure transactions individually for big names like Bitcoin, Ethereum, and Litecoin. Traders can thus take ownership of new bikinis.
Types of Accounts
Standard Cent
| Minimum deposit | 0 |
|---|---|
| Commission | 0.3 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 40 |
| Stop-out level | 20 |
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 0.3 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 40 |
| Stop-out level | 20 |
Pro
| Minimum deposit | 0 |
|---|---|
| Commission | 0.1 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 40 |
| Stop-out level | 20 |
Raw Spread
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 40 |
| Stop-out level | 20 |
Fees and Charges
Spreads and Commission
Spreads begin at 0.0 pips on Raw Spread Accounts. Standard and Pro Accounts both have highly competitive spreads but without commissions.
Overnight Swap Rates
Overnight swaps, concerning positions that are held overnight, are paid by the person holding the position. Swaps are normally transparently disclosed.
Inactivity Charges
Inactivity charges apply when accounts have been dormant for a long period.
Trading Platforms
| Available tools | Forex, Shares, Indices, Cryptocurrencies, Commodities |
|---|---|
| Cryptocurrencies | ETH, DOGE, BTC, LTC, BTC Cash, XRP, ADA, XLM, EOS, DOT, LINK |
| CFD | Forex: 60 Metals: 8 Energy: 3 Stocks: 166 Indices: 13 |
MetaTrader 4 and 5
JustMarkets offers support for MT4 and MT5, offering advanced charting systems and algorithmic trading tools and featuring a wide array of technical indicators for traders of any skill level.
Mobile Applications
JustMarkets provides mobile applications for both iOS and Android operating systems for traders who wish to operate far from their computer.
WebTrader
This broker carries its own service, WebTrader, which is software for browsing purposes. Nonetheless, the software has all functions without any local installation.
Customer Service
Opening an Account
Opening an account at a JustMarkets clearing house can be done through their website by filling in an application form for an account type, submitting a few document verifications and starting to trade.
Requirements
The company will require ID proofs which may include a passport or a national ID card and two proofs of address such as bank statements or utility bills to satisfy KYC norms.
Deposits and Withdrawals
Payment Options
Deposits can be executed through the conventional methods associated with direct bank transfers, credit and/or debit cards, or using e-wallets like Skrill, Neteller, and PayPal.
Processing Time
Deposits will show up in the client's account almost instantly, provided he uses one of the options. A withdrawal takes at least one business day for processing.
Fees
Deposits are free of charge, but withdrawal fees may apply to certain methods; a complete list of fees can be found online at the broker's website.
FAQ
Does the Broker Company Have Any Regulation?
Surely, JustMarkets is regulated by an FSA (Financial Services Authority) from Seychelles. It flew an appropriate trading environment for customers.
What Kind of Trading Platforms Does the Company Use?
JustMarkets installs MetaTrade4, MetaTrade5 WebTrader tools, and mobile applications on Android or IOS.
What Is the Minimum Deposit to Open an Account?
There's no minimum deposit in this case; $1 is the least deposit that ensures any level of business can participate in it.
What Are the Account Types Available with This Broker?
Such accounts include the Standard account, the Pro account, and the Raw Spread account. The Islamic Account accommodates regulatory and compliance matters.
What Is Charged as Fees and Commissions?
Spreads, commissions on Raw Spread Accounts, swap rates for overnight positions, and inactivity fees on dormant accounts are charged as fees.
What Is the Maximum Amount with Which This Broker Can Provide as Leverage?
Leverage amount can range up to 3000:1 and depends on the kind of account and broker regulatory constituency.
Are Demo Accounts Available?
Demo accounts allocated with make-up capital give traders a feel of the market so they can decide and analyze where to place bets.
Do They Have Customer Service Departments?
The broker does offer help, so that a trader can chat with the broker's very educated staff as a way to get fast help.