JustMarkets won the “Best CFD Broker” award in the UF Awards MEA 2024. The broker offers a Cent account with a minimum deposit requirement of $10 and leverage options of up to 1:3000.
JustMarkets Company Information and Regulatory Status
Since its founding in 2012, the broker has attracted over 2 million traders from 160+ countries. Headquartered in Mahe, Seychelles, the global company has quickly gained a reputation for providing top-notch trading services with tight fees.
But what really sets JustMarkets apart is its strong regulatory standing. The Forex broker is regulated in multiple jurisdictions by some of the top-tier regulatory bodies.
Region | Regulation | License Number |
Seychelles | FSA | 8427198-1 |
Cyprus | CySEC | HE 361312 |
South Africa | FSCA | 2020/263432/07 |
Mauritius | FSC | GB22200881 |
All entities enforce essential security protocols:
- Negative Balance Protection for all clients
- Segregation of client funds in reputable, Tier-1 banks
- Bank-grade SSL encryption and PCI DSS data security
JustMarkets Table of Specifications
The broker boasts about its instant withdrawal, tight spreads, swap-free trading, and fast execution. let’s take a closer look at the company’s features.
Broker | JustMarkets |
Account Types | Standard Cent, Standard, Pro, Raw Spread |
Regulating Authorities | CySEC, FSA, FSCA, FSC |
Based Currencies | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, NGN |
Minimum Deposit | From $10 |
Deposit Methods | Bank transfer, E-payments, Credit/Debit cards, Crypto, Local banks |
Withdrawal Methods | Bank transfer, E-payments, Credit/Debit cards, Crypto, Local banks |
Minimum Order | 0.01 lot |
Maximum Leverage | 1:3000 |
Investment Options | Copy Trading |
Trading Platforms & Apps | MT4, MT5, Mobile App |
Markets | Forex, Commodities, Indices, Crypto, Stocks |
Spread | Floating from 0.00 pips |
Commission | $3 each side per lot in Raw Spread accounts |
Orders Execution | Market |
Margin Call/Stop Out | Margin call 40% Stop out 20% |
Trading Features | Economic Calendar, VPS, Market Analysis, Educational Materials |
Affiliate Program | Yes |
Bonus & Promotions | Deposit, Referral |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, Phone, Online chat, Callback request |
Customer Support Hours | 24/7 |
JustMarkets Account Types
The broker offers a wide range of account types to cater to traders of all experience levels and trading styles. Key features of JustMarkets account offerings:
Features | Standard Cent | Standard | Pro | Raw Spread |
Currency | USC | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, NGN | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, NGN | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, NGN |
Min deposit | $10 | $10 | $100 | $100 |
Min order size (Lots) | 0.01 cent | 0.01 | 0.01 | 0.01 |
Leverage | 1:3000 | 1:3000 | 1:3000 | 1:3000 |
Instruments | Forex, Metals | Forex, Metals, Indices, Energies, Shares | Forex, Metals, Indices, Energies, Shares | Forex, Metals, Indices, Energies, Shares |
Swap free | Available | Available | Available | Available |
It's important to note that specific account types, features, and requirements may vary. Traders should carefully review the options available on the broker to choose the account that best aligns with their trading goals and risk tolerance.
Pros & Cons with JustMarkets Broker
While the company offers some of the best conditions available in the market, it sure has downsides too. Let's break down the advantages and disadvantages of trading with the broker in the JustMarkets review.
Pros | Cons |
Multi-regulated (CySEC, FSA, and FSCA) | Limited asset offerings |
Fast withdrawals | Service restrictions for some countries |
User-friendly platforms | Some reports of technical glitches |
Multi-lingual customer support | - |
How to Register and Verify on JustMarkets
Getting started with the broker is a straightforward process designed to ensure both convenience for traders and compliance with regulatory requirements. Here's a step-by-step guide to registering and verifying your JustMarkets account.
#1 Go to the JustMarkets Signup Portal
Visit the official JustMarkets website. Navigate to the broker’s page and click the “Go to Website” or “Register” button to begin the signup.
#2 Complete the Account Creation Form
Enter your country of residence, a valid email address, and create a strong password using a combination of uppercase, lowercase, numbers, and symbols.
If you have a promo code, enter it (optional). You must also confirm you are not a U.S. citizen for tax reasons. Click Continue to proceed.
#3 Confirm Your Email Address
Check your inbox for the verification email sent by JustMarkets. Click the Confirm Email button inside the message.
Once done, log in to your account with your credentials.
#4 KYC Verification
Once your initial registration is complete, you must verify your identity and address to comply with Know Your Customer (KYC) regulations.
- Navigate through the JustMarkets client area;
- Click on “Complete Verification”;
- Fill out the personal information form;
- Provide the required information on the financial profile, including employment status, trading experience, and annual income.
After completing your profile, you must provide proof of identity and address. Required documents for JustMarkets verification:
- A government-issued ID (passport, driver's license, or national ID card)
- Proof of address (recent utility bill or bank statement)
What Trading Platforms Are Available on JustMarkets?
The broker offers its clients access to some of the industry's most popular and powerful trading platforms. The flagship platform is MetaTrader 4 (MT4), developed by MetaQuotes Software Corporation.
OS | JustMarkets app | MT4 | MT5 |
Windows | - | ||
Android | |||
iOS | |||
MacOS | - |
Offering various platforms, the broker ensures that traders have access to the tools they need for efficient market analysis, trade execution, and portfolio management.
JustMarkets Broker Trading Costs (Fees and Spread)
The company strives to offer competitive and transparent trading costs to its clients. Now, it’s time to discuss the fee structure in this JustMarkets review.
Account Type | Spread | Commission |
Standard Cent | Floating from 0.3 pips | $0.00 |
Standard | Floating from 0.3 pips | $0.00 |
Pro | Floating from 0.1 pips | $0.00 |
Raw Spread | Floating from 0.0 pips | $3 each side per lot |
The broker's flexible fee structure caters to various trading styles, from high-volume traders who benefit from raw spreads to beginners who prefer all-inclusive pricing. Always review the full fee schedule and compare it with your trading strategy to determine the most cost-effective option for your needs.
Other Fees:
- No fees for deposits, withdrawals, or currency conversions
- No overnight funding charges
- No fees for guaranteed stop-loss orders
- Inactivity Fee: $5 after 150 days of no trading activity
JustMarkets Payment Methods
The company offers various deposit and withdrawal options to accommodate its global client base. Available payment methods on JustMarkets:
| Method | Min (Deposit) | Max (Deposit) | Min (Withdrawal) | Max (Withdrawal) | Deposit Time | Withdrawal Time |
Bank Transfer | $100 | $50,000 | $500 | $50,000 | 1 to 6 Business Days | 1 to 6 Business Days |
MasterCard | $10 | $10,000 | $5 | $5,000 | Within 30 minutes | 1-2 hours |
VISA | $10 | $10,000 | $5 | $5,000 | Within 30 minutes | 1-2 hours |
Crypto | $30 | - | Variable | - | Within 30 minutes | 1-3 hours |
Perfect Money | $10 | - | $5 | - | Within 5 minutes | 1-2 hours |
Skrill | $10 | - | $5 | - | Within 5 minutes | 1-2 hours |
FasaPay | $10 | - | $10 | $25,000 | Within 30 minutes | 1-3 hours |
Neteller | $10 | - | $5 | $10,000 | Within 5 minutes | 1-2 hours |
Copy Trading and Growth Plans on JustMarkets Broker
The broker offers an innovative copy trading feature that allows less experienced traders to benefit from the expertise of seasoned professionals. Key features of JustMarkets copy trade service:
- Copy successful traders: Browse a list of expert traders and their performance metrics;
- Customizable: Decide how much capital to allocate and set risk management rules;
- Automatic Copying: The system will automatically replicate the chosen trader's positions in your account;
- Monitor and Adjust: Keep track of your copied trades and make changes as needed.
You can also join the company’s affiliate program, earn revenue up to 65%, and CPA up to $1500.
JustMarkets Financial Instruments
The broker offers diverse financial instruments to cater to various trading preferences and strategies.
USDJPY, USDCHF, GBPUSD, EURUSD, AUDUSD, USDZAR, USDSGD, USDTHB | |
Stocks | VOWG_p, UCG, UBI, TOTF, TEF, SW, SOGN, SAN, RNO, REP |
Indices | US500, UK100, SG20, JP225, HK50, FR40, EU50, ES35, DE40, CHA50 |
Commodities | XAUUSD, XPTUSD, XAUAUD, XPDUSD, XAGEUR, XAGUSD |
UNIUSD, TRXUSD, AVXUSD, XRPUSD, XLMUSD, SOLUSD, LTCUSD, LNKUSD |
JustMarkets Broker Promotion and Bonus Offerings
The company, like many competitive forex brokers, offers various promotions and bonuses to attract new clients and reward existing ones. JustMarkets promotion plans:
- 50% Deposit Bonus: Get 50% more funds on deposits from $10;
- Just Invite Friends: Earn profits from your friends’ trading activities.
How to Contact JustMarkets Customer Support
The broker offers multiple channels for customer support, ensuring that traders can get assistance whenever needed. Contact channels to the JustMarkets support team:
support@justmarkets.com | |
Live chat | Through the website |
Phone | +248 4632027, +230 52970330 |
Callback request | Submit a request through the contacts form |
JustMarkets Broker Geo-Restrictions
Like many financial service providers, the company implements geo-restrictions to comply with international regulations and manage risk. List of restricted countries on JustMarkets:
- Australia
- Canada
- EU (European Union)
- EEA (European Economic Area)
- Japan
- United Kingdom
- United States
- Sanctioned countries by the EU
JustMarkets Additional Tools and Features
The broker focuses on answering any trading needs that clients may have. Therefore, it offers some special tools and features. We must discuss these interesting offerings in the JustMarkets review.
- Economic Calendar: Stay informed about major market events and data releases
- Trading Signals: Access expert analysis and ideas to make informed decisions
- VPS Hosting: Uninterrupted trading with virtual private server options
- Mobile Trading: Trade on the go with dedicated apps for iOS and Android devices
JustMarkets Broker Trust Scores
The broker has built a strong reputation in the online trading industry over its decade-long history. JustMarkets in reputable review sources:
Trustpilot | 4.3 out of 5 |
2.8 out of 5 |
7% of reviews on TrustPilot have graded the company as a 1-star broker (the lowest rating). Here’s a list of the common complaints.
- Time-consuming withdrawal process
- Bonus issues
- Poor support
- Deposits not reaching the account
Does JustMarkets Provide Educational Materials?
In addition to providing online trading services, the broker also excels in educating traders. From analytics material to the learning center, JustMarkets offers a wide range of educational content.
- Analytics: Market overview, daily forecast, news, and economic calendar
- Learning Center: Forex articles, glossary, webinars, and educational videos on subjects like how to create a trading bot
JustMarkets in Comparison to Its Peers
Here's how JM performs compared to top Forex brokers in the industry:
Parameter | JustMarkets Broker | IC Markets Broker | XM Broker | Exness Broker |
Regulation | CySEC, FSA, FSCA, FSC | FSA, CySEC, ASIC | ASIC, FSC, DFSA, CySEC | FSA, CySEC, FCA, FSCA, CBCS, FSC, CMA |
Minimum Spread | 0 Pips | From 0.0 Pips | From 0.6 Pips | From 0.0 Pips |
Commission | $3 Each Side per Lot in Raw Spread Accounts | From $3 | $0 (except on Shares account) | From $0.2 to USD 3.5 |
Minimum Deposit | $10 | $200 | $5 | $10 |
Maximum Leverage | 1:3000 | 1:500 | 1:1000 | Unlimited |
Trading Platforms | MT4, MT5, Mobile App | Metatrader 4, Metatrader 5, cTrader, cTrader Web, IC Markets Mobile | MT4, MT5, Mobile App | Exness Trade (mobile), Exness Terminal (web), MT4, MT5 |
Account Types | Standard Cent, Standard, Pro, Raw Spread | Standard, Raw Spread, Islamic | Micro, Standard, Ultra Low, Shares | Standard, Standard Cent, Pro, Raw Spread, Zero |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 90+ | 2,250+ | 1400+ | 200+ |
| Trade Execution | Market | Market | Market, Instant | Market, Instant |
Conclusion and Final Words
JustMarkets provides access to 5 asset classes, including Forex and Crypto with floating spreads from 0.0 pips and a $3 commission through its Raw Spread account. JustMarkets broker has a score of 4.3 on TrustPilot, and doesn’t accept US clients.