JustMarkets Review 2024: Is It a Good Broker For You?

JustMarkets, formerly known as JustForex, is a well-established brokerage company founded in 2012. It is a trusted broker regulated by the Seychelles Financial Services Authority (FSA) under license No. SD088. The platform caters to professional traders seeking popular trading platforms like the MetaTrader suite, various financial instruments, and high-quality forex and CFD trading services. You can find JustMarkets for currency pairs, indices, shares, and commodities trading in Europe on justmarkets.eu and in other countries on justmarkets.com. Read this JustMarkets review to find out if it operates in your country & how it stacks up with other investment brokers.

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JustMarkets offers 6 types of trading accounts on popular trading platforms with minimum deposit requirements starting at $1 (For the EU, min deposit is $100) and floating spreads and commissions. The platform is operated by Just Global Markets, a popular legal brand that makes trading forex on JustMarkets secure with proper regulation by multiple regulatory authorities.

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JustMarkets is suitable for all trading conditions, especially beginner traders using the Standard Cent account with minimal spreads starting at 1.00 pips. Trading costs get better for Pro and Raw Spread accounts, with tight spreads starting at 0.6 pips for the Pro account and 0 pips for the Raw Spread account. Overall, the JustMarkets website is a great platform for both beginners and experienced retail clients as it comes with the necessary regulations, licensing, and security measures.

Why Trade With JustMarkets?

JustMarkets is one of the top forex brokers and operates with advanced traders from various countries. JustMarkets broker offers reliable services and creates long-term relationships by enhancing the trading experience for all account holders. Trading with JustMarkets means trading with the best broker that offers the following salient features:-

Spreads from 0 Pips

JustMarkets offers competitive spreads, starting at 0 pips for Raw Spread account holders. Moreover, the minimum spread for other accounts is also quite low and floating.

Leverage Up to 1:3000

Potential traders can get an opportunity to use the maximum leverage of up to 1:3000 by choosing the JustMarkets Standard account (up to 1:30 for retail clients and up to 1:300 for professional clients on justmarkets.eu).

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Numerous Strategies are Allowed

The availability of multiple trading platforms makes it suitable for traders to use different trading strategies catering to their every need. 

2 Versions of the MetaTrader Trading Platform

As per our JustMarkets review, we can say that the platform offers two award-winning MetaTrader trading platforms to assist traders in buying and selling a wide range of trading instruments according to their needs and preferences.

170+ Trading Instruments

JustMarket offers a diverse range of financial instruments, from precious metals and forex currency pairs to CFDs, with which institutional and retail traders can earn by carrying out thorough market analysis and market research.

Order Execution from 0.01s

All trades at JustMarkets get executed within a fraction of a second during normal trading conditions.

Is JustMarkets Regulated?

JustMarkets is a regulated broker consisting of a group of companies regulated by the Seychelles Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC), South Africa’s Financial Sector Conduct Authority (FSCA), and Mauritius’ Financial Services Commission (FSC).

JustMarkets Pros and Cons 

Products Offered by JustMarkets

Product offerings at JustMarkets include a wide range of cryptocurrency pairs, forex currency pairs, metals, energies, indices, and shares as per our JustMarkets review. Traders with varied investment objectives can trade currencies and other instruments on JustMarkets with competitive spreads, industry average security measures, protection from negative balances, multiple trading platforms on MT4 and MT5, 24*7 customer support, and customer success manager. The maximum leverage offered by JustMarkets is 1:3000, which is relatively high compared to other brokers in the industry. Additionally, JustMarkets offers social trading and copy trading to help beginners gain experience by copying trades of professional clients on JustMarkets.

JustMarkets Trading Platforms

A trading platform is an essential part of foreign exchange trading. The tool allows traders to buy, sell, or trade various instruments with just a few simple clicks on their mobile devices anytime, anywhere. JustMarkets has a good reputation in the market for offering a wide range of user-friendly trading platforms, including:-

MetaTrader 4

MetaTrader 4 is a free trading platform with modern offerings, allowing traders to make money with the most useful and consistent interface. With MT4, traders can manage, maintain, and monitor a forex trading account with expert advisors, indicators, and other trading tools required for market analysis. MT4 allows automated trading where traders can purchase expert advisors or build their own with the MQL4 scripting language. They can also get trading signals and follow the best forex traders online to learn their craft by replicating their trade orders.

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MetaTrader 5

MetaTrader 5 is slowly replacing the MetaTrader 4 version to make forex trading more comfortable and more uncomplicated with an intuitive interface, offering considerable improvements in different areas like copy trading, mobile trading, and other essential features that make the management of a trading account more efficient. With MetaTrader 5, traders can trade in stocks, currency pairs, indices, and other trading instruments in a single user interface. They can also use 21 timeframes, 44 graphic objects for chart development and publication, 38 technical indicators, one-click trading signals, and an instant notification system for important market events and news.

Social Trading

Social trading with JustMarkets allows traders to earn additional income on forex without experience using MQL5 trade signals. Social trading (not applicable for EU) allows traders to follow the trading strategy of professional traders and copy them. It is a helpful feature for those new to the forex market. Traders can earn profits irrespective of their trading skills.

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With social trading, both parties have the opportunity to earn– as traders, who make profits by offering trade signals, and as investors, by copying successful trades. It is a timesaving technique as traders do not need to analyze global markets or spend time monitoring them. Overall, the JustMarkets trading platform is easy-to-use, user-friendly, and intuitive.

CopyTrading

With the JustMarkets CopyTrading feature (not applicable for EU), traders without any experience in forex trading can perform automated trading by copying leading traders and benefitting from their success. Traders can diversify their portfolios with distinct strategies, copy the best trades, monitor their progress, and earn a stable income. With copy trading, traders can increase or decrease their investments with complete control. They can also use the platform’s Investment Protection Mechanism that puts automatic copying on hold so that the traders do not lose anything if the market goes against their trades.

Note – Products and services vary between jurisdictions and are subject to Terms and Conditions.

JustMarkets Registration Process

Creating a JustMarkets account is quick and straightforward. The live trading account ranges between Standard, Standard Cent, Pro, Raw Spread, Demo, and Islamic accounts. To open a trading account at JustMarkets, follow the simple step-by-step guide mentioned below:-

1. Go to the official website and navigate to the green Registration tab on the right-hand top corner of the landing page.
2. A registration field will appear on the screen. It must be filled in with the country of residence, a valid email address, a strong and unique password, and an optional partner code.
3. Alternatively, traders can create one trading account using their existing Facebook or Google accounts.
4. Once the registration process gets completed, go to Account Operations and click on My Accounts to open a new account and provide personal details, such as name, date of birth, and a valid phone number.
5. Choose a desired account type and finalize the same by entering Create Account. Note that irrespective of the account traders select, they must set a base currency and the primary password and define their preferred leverage.

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JustMarkets Account Types & Comparison

Standard Cent Account

Standard Cent account is specifically designed for beginners. After using the free demo account, traders can switch to the Standard Cent account, which is a perfect option as traders are not required to make heavy deposits. The Standard Cent account is an ideal tool to improve money management skills. It is also used to practice risk management on the platform.

Standard Account

When traders feel confident in their skills and succeed in forex trading, they can move on to the Standard account, the most popular one on JustMarkets. It offers basic tools, tight spreads starting at 0.3 pips, and no commission charges. Take profit and Stop Loss orders can be set while opening a trade order or afterward. The Standard account is used for non-aggressive intraday trading and trading on charts with daily forecasts.

Pro Account

With a JustMarkets Pro account, traders can use their preferred trading style. It is specifically designed for professional and experienced traders and is characterized by high leverage and narrow spreads without any restriction on the trade volume and number of orders. The main benefit of using the Pro account is that traders can use various trading instruments with over 50 currency pairs, commodities, metals, and indices.

Raw Spread

Raw Spread accounts for market participants who prefer frequent inputs and outputs, intraday and work on short timeframes. It is one of the best account types on JustMarkets for scalpers, with floating spreads starting at 0.0 pips which is the lowest among all account types. However, there are commissions for transactions for Raw Spreads accounts.

Demo Account

Demo accounts are the best for beginners who want to test trading strategies. Demo accounts offer an opportunity to simulate actual trading and practice without depositing funds. Traders can get first-hand experience and gather practical skills using MetaTrader without risks.

Islamic Account

An Islamic account is a unique option for traders of the Islamic faith since Sharia law prohibits swap trading. Keeping this in mind, JustMarkets offers special Swap free accounts known as the Islamic account. Using a swap-free Islamic account is optional; any of the above account types can be converted to a swap-free account.

Note – Offered services and instruments vary as of jurisdiction.

JustMarkets Fees

JustMarkets is a better broker than other brokers because the platform does not charge fees when traders deposit or withdraw funds. There may be certain blockchain charges for those who trade in digital currencies. Hence, traders must check out the official Payments page to learn about the brokers’ fees before registering on the platform.

JustMarkets Deposit and Withdrawal Options

JustMarkets offers many deposit and withdrawal methods to its traders. The funding methods range from worldwide cards & banks like Visa/MasterCard; wallets like Skrill, Neteller, Perfect Money, STICPAY, & AIRTM; cryptos like BTC, BCH, ETH, USDC, USDT, BUSD, BNB, DOGE, LTC, & XRP; local banks, cards & mobile money, and wallets like Fasapay.

However, as per our research while making this JustMarkets review, supported fiat currencies are EUR, USD, JPY, KRW, CNY, PHP, AED, AUD, CAD, CHF, CLP, SGD, THB, VND, GBP, HKD, IDR, INR, MXN, MYR, NZD, and RUB. Supported cryptocurrencies are BTC, USDC, BUSD, BNB, BCH, ETH, LTC, USDT, DOGE, and XRP.

Transaction details of Deposits

• For worldwide cards & banks, min deposit is 5 USD and the max deposit is 10,000 USD
• For worldwide wallets, min deposit is 5 USD and the max deposit for AIRTM is 2,500 USD
• For cryptocurrencies, min deposit ranges from 5 USD to 11 USD
• For local banks, cards, and mobile money min deposit majorly is 5 USD and max deposit vary as per different banks
• For local wallets, min deposit is 5 USD
• JustMarkets charges no fees for deposits while the processing time via JustMarkets is Instant and via Payment Provider ranges from Instant to 1 day.

Transaction details of Withdrawals

• For worldwide cards & banks, min withdrawal is 5 USD/EUR and the max withdrawal is 5,000 USD/EUR
• For worldwide wallets, min withdrawal ranges from 1 to 5 USD/EUR and the max withdrawal for AIRTM is 2,500 USD & for Neteller it is 8,500 EUR/ 10,000 USD
• For cryptocurrencies, min withdrawal is 0.0015 BTC/ 0.05 BCH/ 0.06 ETH/ 51 USDT/ 30 USDC/ 50 BUSD/ 0.04 BNB/ 100 DOGE/ 0.15 LTC/ 75 XRP
• For local banks, cards, and mobile money min and max withdrawal vary as per different banks
• For local wallets, min withdrawal is 10,000 IDR/ 1 USD and max withdrawal is 25,00,00,000 IDR/ 25,000 USD
• JustMarkets charges no fees for withdrawals while the processing time via JustMarkets is 1–2 hours and via Payment Provider ranges from Instant to 4-7 bank days.

Note – Offered services and instruments vary as of jurisdiction.

JustMarkets Promotions

$30 Welcome Bonus

What makes JustMarkets the best broker in the industry is the kind of bonuses and promotions it keeps offering to both new and existing users on the platform. Beginners can enter the JustMarkets trading platform with absolutely zero risk and get a sign up bonus of $30 to trade the way they like. This Sign Up bonus gets credited to the welcome account once a valid phone number is provided. Traders must trade at least 5 lots within 30 days to transfer the profit from the welcome bonus.

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120% Deposit Bonus

There is another exciting bonus where traders can multiply their deposits with a whopping 120% bonus with a minimum deposit of $500. To transfer the bonus funds into the account balance, one must conduct trading operations in the total trade volume of – Number of Lots = Bonus amount/2 for Standard Cent, Standard, and Pro accounts.

Just Invite Friends

There is a referral program on JustMarkets where traders can earn up to $10 for every lot traded by their referrals. All they have to do is share a partner link to close friends and family and start earning commissions for their trading activities on JustMarkets.

0% Fees on Deposits & Withdrawals

JustMarkets deposits and withdrawals are free of cost. JustMarkets forex brokers charge no deposit or withdrawal fees.

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Note – Above all promotions are not applicable for the EU except “0% Fees on Deposits & Withdrawals” promo.

JustMarkets App

The JustMarkets mobile app gives access to all the features and functions of the official website from any smartphone or tablet. A user-friendly and convenient interface allows traders to use all the functions at any point in time. With JustMarkets mobile app, traders can create an account, use trading instruments, read analytics, proceed with the verification process, manage fast withdrawals, and make trades easily on the go. The mobile app is downloadable from Apple App Store and Google Play Store and is supported on various operating systems.

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JustMarkets Partnership Programmes

Affiliates

The affiliate program that JustMarkets broker offers do not require any knowledge or experience of the forex trading market. However, it provides high profits for attracting new traders to join the platform. The affiliate program follows revenue share and CPA models. With the revenue share, affiliates can get up to 65% commission, an exclusive loyalty program, a personal affiliate manager, and lifetime revenue share with automatic rebates. With the CPA model, affiliates can get paid up to $1500, enjoy high conversion rates, advanced marketing tools, fast deposit and withdrawal options, the best CPA, and transparent reporting starts.

Introducing Brokers

Anyone can become a partner with the most reliable option of joining JustMarkets Introducing Brokers (IB) and earn a revenue share of up to 65%. The earning potential is unlimited, and the brokers can build their business by an introducing brokers. IBs can get high earnings up to $15, without any limit on commission per client. They can build a multilevel program and enjoy easy withdrawals and a lifetime revenue share as long as their clients are active.

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IB Reward Program

JustMarkets offers an IB Reward Program where partners can get up to $2000 every month over and above the main partner’s earnings. All they need to do is attract more clients and increase the trading activities of the existing ones. This motivational program can be joined by any JustMarkets IB partner, and the monthly rewards get credited to the IB account every month on the first business day.

Brand Protection Guide

The Brand Protection Guide aims at mutually beneficial branding and promotion, using logos, promo materials, brand names, promotional messages, and many more at JustMarkets. The partners can provide promotional materials, such as emails, landing pages, creatives, and images for approval by the JustMarkets team and help maintain JustMarkets reputation.

Multi Account Manager (MAM)

With the Multi Account Manager (MAM) feature, traders can trade and manage more than one account from a single MetaTrader4 interface. This is a perfect solution for traders and investors who can use innovative software for money managers. MAM allows money managers, portfolio managers, and fund managers to manage several trading accounts using a single account. There is no limit on the trading style, and traders can use EAs (expert advisors). With MAM software, traders can use reliable and fast MetaTrader 4 service and pay adjustable performance fees.

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Regional Representative

RR is a special kind of partnership for legal entities that have extensive knowledge of the forex market. The job role of the Regional Representative ranges from consulting clients on the company services, attracting more customers, holding regional advertising campaigns, and organizing special training seminars. Working with JustMarkets as a Regional Representative offers excellent trading conditions, 100% revenue from training seminars, promotional high-quality products, and many more.

Payment Agent

Payment Agent is another kind of partnership at JustMarkets where the partners provide services of depositing and withdrawing money from accounts via local bank wire transfers. Affiliates can earn revenue share for the orders made by their clients, higher profits through increases in turnover of their exchange services, and commissions from the transactions made by their clients.

Note – All the above partnership programmes are not applicable for the EU except “Brand Protection Guide” and “Regional Representative” as per our JustMarkets review.

JustMarkets Analytics

• Market Overview – JustMarkets is one of the best platforms that offer a detailed analysis of the market to educate traders of all experience levels. There are plenty of educational materials, giving a market overview to keep the traders informed at all times.
• Daily Forecast – There is also a section for daily forecasts that keeps every trader updated about real-time events taking place around the world.
• Economic Calendar – The economic calendar is also a helpful feature that lists all the notable economic events, covering important indexes, ratings, and indicators.

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JustMarkets Learning Center

• Online Webinars – There are plenty of online webinars available at JustMarkets, covering topics like Trading With Moving Average Indicators, Technical Analysis, Secrets Of Fibonacci, Risk Management Basics, Introduction To Indexes, Earning Season, and many more.
• Forex Articles – Traders can also find ample forex articles, covering the hottest topics surrounding forex trading.
• Forex Glossary – The forex glossary takes all the words related to forex trading and defines them in a sentence to help readers learn about the Foreign Exchange Market.
• Educational Video – For those who like to educate themselves using videos, JustMarkets also features an educational video showcasing MetaTrader 4/5 and many more.

JustMarkets Restricted Countries

JustMarkets is not available in certain jurisdictions, including but not limited to Australia, Canada, Japan, the United Kingdom, the United States of America, Iran, North Korea, Myanmar, and some EU countries.

JustMarkets Security Measures

JustMarkets is one of the most reliable forex brokers, trusted by hundreds and thousands of clients from different parts of the world. It is a good broker in Asia that meets the expectations of most clients with its excellent quality of services and work. To secure client funds, JustMarkets risk management team takes extra precautions and employs highly qualified professionals with over 10 years of experience to help and provide support to their clients. It also uses segregated bank accounts. This means JustMarkets keeps its own funds separated from client funds.

Additionally, JustMarkets uses data transfer protection, negative balance protection, international security standard based on PCI DSS, multilevel server systems, and data storage protection.

JustMarkets Customer Support

Customers at JustMarkets can connect with the customer support team via different channels, including a 24×7 live chat facility, email support, phone support, multiple social media platforms, and faqs support. The live chat function can be accessed from the bubble located at the bottom of the webpage. The support agents are super friendly and resolve queries within a few minutes. Customers can also send their queries to [email protected], call them at +248 4632027, or connect via Telegram, Messenger, Line, Viber, Instagram, or iMessage.

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JustMarkets Review: Conclusion

To conclude this JustMarkets review, the overall rating is quite high for JustMarkets in terms of a wide range of options for deposits and withdrawals, low trading fees, multiple account types and trading accounts (MT4 and MT5), competitive trading conditions, fast withdrawal methods, protection against negative balance, and swap-free option. JustMarkets brokers offer a variety of trading instruments, including major currency pairs and commodities. Additionally, it is a perfect place for trading in forex as there are almost no fraudulent activities owing to the strict regulation by multiple authorities.

Risk Disclaimer – FDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FAQs

Is JustMarkets Legit and Safe?

Yes, JustMarkets is a legitimate, safe, and good broker platform with proper regulation and security measures.

What Is the Minimum Deposit for JustMarkets?

The minimum deposit requirement varies depending on the payment method and jurisdiction chosen by the traders. For local bank transfers and Visa/Mastercard transfers, the minimum deposit requirement is 5 USD. 

How Long Does It Take to Withdraw Money from JustMarkets?

Most of the payment methods at JustMarkets allow near-instant withdrawal of funds.

Is JustMarkets Good for Beginners?

Yes, JustMarkets is perfect for beginners, with plenty of educational materials, trading accounts, and beginner-friendly interface, and limits.

Does JustMarkets Offer a Bonus?

Yes, JustMarkets features a welcome bonus, deposit bonuses, referral bonuses, and more.

Does JustMarkets Offer Any Partner Programs?

Yes, JustMarkets features Affiliate Program, Introducing brokers, IB Reward Program, MAM, Regional Representative, and more.