If you’re searching for a reliable forex and CFD broker, you may have come across JustMarkets. In this detailed JustMarkets review, we’ll examine its trading conditions, account types, fees, and overall reliability to help you decide if it’s the right broker for you.
JustMarkets Overview
JustMarkets (formerly JustForex) is an online broker offering forex, stocks, commodities, indices, and cryptocurrencies for trading. Established in 2012, the broker has gained popularity for its low spreads, multiple account types, and flexible trading conditions.
Regulated by the Financial Services Authority (FSA) of Seychelles, JustMarkets provides a secure trading environment. While it’s not regulated by top-tier authorities like the FCA or CySEC, it still follows strict financial policies to protect traders.
JustMarkets Pros and Cons
Before diving deeper, let’s summarize the advantages and disadvantages of trading with JustMarkets.
Pros:
✅ Low spreads (from 0.0 pips on Raw Spread accounts)
✅ Multiple account types (Standard, Pro, Raw Spread, Cent)
✅ No deposit or withdrawal fees
✅ Leverage up to 1:3000 (for professional traders)
✅ MT4 & MT5 platforms available
✅ Fast execution speeds
✅ Islamic (swap-free) accounts
Cons:
❌ Limited regulatory oversight (only FSA Seychelles)
❌ No US or EU clients accepted
❌ Inactivity fee after 6 months
JustMarkets Account Types
JustMarkets offers four main account types to suit different trading styles:
1. Standard Account
- Spreads: From 0.7 pips
- Commission: None
- Minimum Deposit: $1
- Leverage: Up to 1:3000
Best for beginners due to low minimum deposits and no commissions.
2. Pro Account
- Spreads: From 0.5 pips
- Commission: None
- Minimum Deposit: $100
- Leverage: Up to 1:3000
Ideal for experienced traders looking for tighter spreads.
3. Raw Spread Account
- Spreads: From 0.0 pips
- Commission: $3 per lot
- Minimum Deposit: $100
- Leverage: Up to 1:3000
Perfect for scalpers and high-frequency traders who need ultra-low spreads.
4. Cent Account
- Spreads: From 1 pip
- Commission: None
- Minimum Deposit: $1
- Leverage: Up to 1:1000
Designed for new traders who want to practice with smaller investments.
Trading Platforms
JustMarkets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the most popular trading platforms among forex traders.
Key Features of MT4 & MT5:
✔ User-friendly interface
✔ Advanced charting tools
✔ Automated trading (Expert Advisors)
✔ Mobile trading apps (iOS & Android)
Deposits and Withdrawals
JustMarkets offers fast and fee-free deposit and withdrawal methods, including:
- Bank Transfers
- Credit/Debit Cards (Visa, Mastercard)
- E-wallets (Skrill, Neteller, Perfect Money, etc.)
- Cryptocurrencies (Bitcoin, USDT, etc.)
No fees are charged by JustMarkets, but payment providers may apply small charges.
JustMarkets Fees & Spreads
JustMarkets is known for its competitive spreads:
- Standard Account: From 0.7 pips
- Pro Account: From 0.5 pips
- Raw Spread Account: From 0.0 pips + $3 commission
Overnight fees (swap rates) apply for positions held overnight, but Islamic accounts are available for swap-free trading.
Customer Support
JustMarkets provides 24/7 customer support via:
- Live Chat
- Email ([email protected])
- Phone Support
Response times are generally quick, making it easy to resolve issues.
Is JustMarkets Safe?
While JustMarkets is regulated by the FSA Seychelles, it lacks stricter oversight from top-tier regulators like the FCA or ASIC. However, it follows fund segregation and negative balance protection policies to safeguard traders.
Final Verdict: Is JustMarkets Worth It?
JustMarkets is a solid choice for traders looking for low spreads, high leverage, and multiple account options. However, due to its limited regulation, it may not be the best option for traders prioritizing maximum safety.
Who Should Use JustMarkets?
✔ Beginners (Cent & Standard accounts)
✔ Scalpers & EAs (Raw Spread account)
✔ High-leverage traders (Up to 1:3000)
Who Should Avoid JustMarkets?
❌ Traders needing top-tier regulation
❌ US or EU-based traders (not accepted)
Conclusion
In this JustMarkets review, we’ve covered the broker’s features, fees, account types, and safety measures. If you’re looking for a low-cost, flexible forex broker, JustMarkets could be a good fit. However, always trade responsibly and consider your risk tolerance before opening an account.
Would you like to try JustMarkets? Sign up today and try their trading conditions!
