| Founded: | Account Currencies |
| 2012 | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, and NGN. |
| Trading Instruments: | Trading Platforms: |
| Forex, cryptocurrencies, metals, indices, and stocks | MT4, MT5, Mobile app |
| Funding Methods: | Regulation |
| Cryptocurrencies, E-Wallets, bank transfers or cards. | CySEC, FSCA, FSA, FSC |
| Max Leverage: | Min Deposit: |
| 1:3000 | $10 |
Pros and Cons
| Pros | Cons |
| Tight Spreads From 0 Points | No Futures Trading |
| Swap-Free Trading | Fixed Commission on Raw Spread Accounts |
| Variety of Trading Instruments | Inactivity Fee After 150 Days |
| Flexible Leverage Range | Processing Time for Withdrawals |
| Innovative Copy Trading System |
Trust and Safety
JustMarkets places a strong focus on security and regulatory compliance. The broker is regulated by CySEC, FSA, FSCA, and FSC, and follows the requirements set by these regulatory authorities. It also uses customer and transaction monitoring systems, identity checks, and risk assessment procedures to help prevent fraudulent activity.
Client funds are kept separately from the company’s operating funds in segregated bank accounts. These accounts are maintained with established and well-capitalized banks, helping keep client money separate from the broker’s finances.
JustMarkets also uses SSL protection for data transfers, encrypted data storage and transmission, and a multilevel server system designed to maintain service availability. The broker provides negative balance protection and follows PCI DSS security standards as part of its approach to protecting client information and funds.
Tradable Instruments
JustMarkets gives traders access to a wide selection of financial instruments. Its forex offering includes major currency pairs such as AUDUSD, EURUSD, GBPUSD, and USDJPY, along with minor and exotic pairs including EURCAD, GBPNZD, and USDZAR.
The broker also provides CFDs on commodities, including Gold, Silver, Crude Oil, and US Natural Gas.
Traders interested in indices can access markets such as AU200, DE40, US100, and US500. Share CFDs are also available across a range of US and European companies.
Cryptocurrency trading is supported through CFDs on digital assets such as Bitcoin, Ethereum, Litecoin, and Ripple.
With these different markets available from one account, traders can choose instruments that fit their preferred strategies and trading style.
Account Types
JustMarkets offers several account types, giving traders the option to choose an account based on their experience and trading requirements.
The Standard Cent account is aimed at beginners and uses micro lot sizes of 1,000 units. It has a minimum deposit of $10, with spreads starting from 0.3 pips, and is available on MT4.
The Standard account is designed for traders who prefer standard lot sizes of 100,000 units. It also has a $10 minimum deposit and spreads from 0.3 pips. The account is available on both MT4 and MT5.
For traders looking for lower spreads, the Pro account requires a minimum deposit of $100. It uses standard lot sizes and offers spreads from 0.1 pips on MT4 and MT5.
The Raw Spread account is intended for traders who prefer very low spreads combined with a fixed commission structure. The minimum deposit is $100, with spreads starting from 0 pips. This account is available on both MT4 and MT5.
Commissions and Fees
JustMarkets provides several account options with different trading costs. Understanding the applicable fees is important when selecting an account, as charges can vary depending on the instrument and account type.
- Minimum Deposit
The minimum deposit required to open an account is $10, making the broker accessible to traders starting with a relatively small amount.
- Trading Fees
Trading costs depend on the account selected. The Raw Spread account uses a fixed commission per lot.
- CFD Fees
CFD commissions depend on the instrument being traded and are charged per lot and side. Index fees range from $0.05 for AU200 to $5.00 for SG20.
Cryptocurrency commissions are generally 0.15% per trade, while Bitcoin and Ethereum have a commission rate of 0.1%.
- Forex Fees
Forex trades on the Raw Spread account carry a commission of $3 per lot per side.
- Futures Fees
JustMarkets does not currently offer futures trading, so there are no futures-related fees.
- Account Fees
There are no additional account maintenance fees apart from the trading charges applicable to certain instruments and the Raw Spread account.
- Inactivity Fee
An inactivity charge of $5 is applied when a trading account has had no activity for 150 days.
- Deposit Fees
JustMarkets does not charge fees for deposits.
- Withdrawal Fees
There are also no withdrawal fees charged by the broker.
- Overnight Funding
JustMarkets does not charge overnight funding fees.
- Currency Conversion
No currency conversion fees are charged.
- Guaranteed Stop Orders
The broker does not charge a separate fee for guaranteed stop orders.
Trading Platforms
JustMarkets supports several trading platforms, allowing clients to trade from different devices and choose a setup that suits their preferences.
- Mobile Trading
The broker provides the JM Mobile Trading App as well as MT4 and MT5 mobile applications for Android and iOS. Traders can use these apps to monitor markets, manage positions, and place trades while away from their computers.
- Web Trading
For browser-based trading, JustMarkets supports MT4 and MT5 WebTrader. These platforms provide access to charts, technical indicators, and trading functions without requiring users to install desktop software.
- Desktop Trading
MT4 and MT5 desktop platforms are available for Windows and Mac. They include advanced charting and analysis tools, automated trading capabilities, and other features designed for active traders.
Key Features
JustMarkets offers several features that may appeal to traders with different requirements. Spreads can start from 0 points, while the broker provides access to forex, commodities, indices, shares, and cryptocurrencies.
The broker also offers flexible leverage options, allowing traders to select leverage according to their trading approach and risk preferences.
A swap-free program is available to traders, including those who require an account structure that follows Islamic finance principles.
JustMarkets also provides a copy trading service, allowing traders to follow the strategies and trades of other participants. In addition, the broker offers fast order execution and an Introducing Broker partnership program.
Introducing Broker Program
JustMarkets operates an Introducing Broker (IB) Program for individuals and businesses that refer clients to the broker.
Participants can earn up to $25 per lot based on the trading activity generated by their referred clients. The reward structure is linked to client trading activity, giving IB partners an opportunity to increase their earnings as their client base grows.
Research and Education
JustMarkets provides educational and research materials designed to help traders improve their understanding of the financial markets.
The available resources include market analysis, trading strategies, and educational articles covering different aspects of trading. The content is intended for traders with different levels of experience, from those who are learning the basics to more experienced market participants.
These materials can be useful for traders who want to develop their knowledge, study different approaches, and make more informed trading decisions.
Customer Support
JustMarkets provides customer support through several communication channels. Support is available in multiple languages, including English, Indonesian, Malaysian, Spanish, and Portuguese.
Clients can contact the support team through live chat, email, messengers, and telephone. The broker also provides a Help Center and chatbot for common questions and basic troubleshooting.
Customer support is available 24/7, which can be particularly useful for traders who operate across different time zones and need assistance outside standard business hours.
Account Opening
Opening a JustMarkets trading account is relatively straightforward and can be completed online.
Registration
The first step is to complete the registration form on the JustMarkets website.
Verification
After registering, traders need to verify their email address before continuing with the account setup.
Document Submission
Users must then provide their personal information and complete the required questionnaire. Identity verification requires a valid identification document, while proof of residence is also required.
Once the verification process has been completed, the trading account can be opened and used for trading.
Deposits and Withdrawals
JustMarkets supports several methods for depositing and withdrawing funds.
Deposits
Clients can fund their accounts using bank transfers, cards, wallets, local agents, and cryptocurrencies. Depending on the payment method, deposits can be processed instantly or take up to 30 minutes.
Withdrawals
Withdrawals are available through bank transfers, cards, wallets, local agents, and cryptocurrencies. Processing generally takes between 30 minutes and four hours, depending on the selected method.
JustMarkets does not charge deposit or withdrawal fees, which can help reduce the overall cost of moving funds into and out of a trading account.
Final Thoughts
JustMarkets offers access to a broad range of markets, including forex, commodities, indices, shares, and cryptocurrencies. The broker operates under multiple regulatory authorities and uses measures such as segregated client accounts, identity verification, data encryption, and negative balance protection.
Its range of account types gives traders different options depending on their experience and preferred trading conditions. MT4, MT5, and mobile and web trading options also provide flexibility for accessing the markets.
Other features, including spreads starting from 0 points, flexible leverage, a swap-free program, and copy trading, add to the range of services available.
One limitation is that JustMarkets review does not currently offer futures trading. However, its selection of markets, account options, trading platforms, and 24/7 customer support make it an option worth considering for traders looking for a broad range of trading services.
