Note: The Information Provided In This Review Is Subject To Change Due To Updates To The Company's Services And Policies. In Addition, The Date Of Production Of The Review Is Also An Important Factor To Consider As The Information May Have Changed. Therefore, Readers Are Advised To Always Check Directly With The Company For Updated Information Before Making Any Decision Or Taking Any Action. Responsibility For The Use Of The Information Provided In This Review Rests Solely With The Reader.
JustMarkets Is A Cyprus-based Forex Broker Regulated By CYSEC And FSA (Offshore), Offering A Wide Range Of Trading Instruments Including Forex, Precious Metals, Energy, Indices And Stocks. They Offer Two Account Types With Competitive Spreads, Maximum Leverage Of Up To 1:300 For Professional Clients And Offer Multiple Deposit And Withdrawal Options With Low Fees. The Platform Available For Trading Is The Popular MetaTrader5 And They Also Offer A Range Of Educational Resources.
Pros And Cons
JustMarkets Offers A Comprehensive Trading Environment With Its Powerful Educational Resources To Meet The Needs Of Both Novice And Experienced Traders, Including Forex Articles, Educational Videos And A Detailed Forex Glossary. The Platform Adopts MT5 On Multiple Devices And Is Equipped With Proprietary Trading Applications, Ensuring That Users Have Access To Powerful Trading Tools And A Flexible Trading Experience. Competitive Trading Conditions Are Another Important Advantage, Including Low Spreads And Multiple Account Types, Which Are Able To Effectively Meet The Needs Of Different Traders
However, JustMarkets Does Have Some Limitations; In Particular, Its Services Are Not Available To Residents Of The United States, France, Belgium Or Those Outside The European Union, Which Significantly Narrows The Potential Customer Base. In Addition, There Is A Risk That Some Users Are Exposed To Fraud And Are Unable To Withdraw.
Overall, JustMarkets Offers Reliable Features For Forex Trading, But May Not Be Suitable For Potential Traders From Restricted Countries.
JustMarkets Is A Legitimate Forex Broker With Multiple Regulatory Licenses, Enhancing Its Credibility In The Financial Trading Community. The Broker Holds An STP (Straight-Through Processing) License Issued By The Cyprus Securities And Exchange Commission (CySEC), Which Ensures Transparency In Order Execution.
In Addition, JustMarkets Holds An Offshore Regulated Retail Foreign Exchange License Issued By The Financial Services Authority (FSA) Of Seychelles, As Well As An Excess Financial Services Company License Issued By The Financial Sector Regulatory Authority (FSCA) Of South Africa.
These Regulatory Frameworks Demonstrate The Degree Of Oversight And Compliance With International Financial Standards.
In Addition, JustMarkets Is Committed To A High Degree Of Security Measures, Including Data Transfer Protection, Liability Protection, Compliance With International Security Standards, A Multi-level Service System, And Robust Data Storage Protection.
Market Tools
JustMarkets Offers More Than 100 Tradable Instruments, Including Currency Pairs, Precious Metals, Energy, Indices, And Stocks. However, Popular Cryptocurrencies Are Not Offered Here.
Account Types
JustMarkets Offers Two Main Real Trading Accounts To Suit Different Trading Preferences: Professional And Original Spread Accounts. Both Accounts Require A Minimum Deposit Of $100, Making Them Suitable For A Wide Range Of Traders. Currencies Accepted On These Accounts Include USD, EUR, GBP, And PLN Providing Flexibility In Currency Selection. It Is Worth Noting That Both Professional And Original Spread Accounts Are Interest-free, Which Is Particularly Beneficial For Traders Who Adhere To Islamic Finance Principles, As These Accounts Comply With Sharia Law And Do Not Involve Interest.
Leverage
In Terms Of Leverage, JustMarkets Offers Leverage Up To 1:30 For Retail Clients And Up To 1:300 For Professional Clients. High Leverage Can Increase The Potential For Profits, But It Can Also Significantly Increase The Risk Of Losses. Traders Should Exercise Caution When Using High Leverage And Consider Their Own Risk Tolerance, Trading Strategy And Financial Position. It Is Important To Note That Some Regulators Have Restricted The Use Of High Leverage, So Traders Should Check The Relevant Regulations In Their Country Or Region.
Spreads And Commissions
JustMarkets Offers Competitive Spreads And Commissions, Depending On The Type Of Account The Trader Chooses. For Traders Who Choose A Professional Account, Spreads Start At 0.1 Pips And Do Not Charge Commissions, Making This An Attractive Option For Traders Who Prefer Spread-only Trading Costs. In Contrast, Spreads On Raw Spread Accounts Start At 0 Pips And Are Suitable For Traders Seeking Near-zero Spreads, But Will Charge A Commission Of 3 Base Currency Units Per Side Of Each Lot. This Structure Is Particularly Suitable For Traders With High Volume Who Can Benefit From Tighter Spreads By Managing Costs Through Commissions.
In Addition, Spreads Vary Depending On How Different Currency Pairs Adapt To Market Conditions And Trading Strategies; For Example, The EUR/USD Currency Pair Has A Spread Of Only 0.1 Pips, While Higher Volatility Currency Pairs Such As XAU/USD Have Spreads Of Up To 0.8 Pips.
Trading Platform
JustMarkets Offers A Comprehensive Suite Of Trading Platforms To Meet The Needs Of The Modern Trader, Ensuring Easy Access And Full Functionality Across A Wide Range Of Devices. The Broker Supports MetaTrader 5 (MT5), A Highly Regarded Platform Available On PC, Favored For Its Advanced Technical Analysis Tools, Algorithmic Trading Capabilities And Multi-asset Trading Features.
In Addition, JustMarkets Has Ensured A Convenient Mobile Trading Experience By Offering MT5 For Android And IOS Devices, Where Traders Can Manage Their Account And Trade Directly From Their Smartphone Or Tablet.
For Those Traders Who Prefer Browser-based Trading Without Downloading, JustMarkets Offers The MT5 Webtrader, Which Offers The Same Powerful Features Directly In The Web Browser As The Desktop Version.
Educational Resources
JustMarkets Is Committed To Providing Its Clients With Comprehensive Educational Resources Designed To Enhance Their Trading Knowledge And Skills. This Broker Offers A Large Number Of Forex Articles That Delve Into All Aspects Of Trading, As Well As A Detailed Forex Glossary To Help Traders Become Familiar With Common And Complex Trading Terms. In Addition, JustMarkets Also Offers Educational Videos That Serve As Visual Guides To Better Understand Trading Strategies, Market Analysis, And The Mechanics Of Forex Trading. For Those Interested In Specific Currencies, Information On Different Currencies Is Also Provided To Enrich Traders' Understanding Of Global Financial Marekts.
In Addition To These Resources, JustMarkets Maintains A Robust Frequently Asked Questions (FAQ) Section That Covers Frequently Asked Questions, Trading Practices, Trading Platforms, And Forex Terminology. This Educational Suite Is Designed To Support Both Novice And Experienced Traders In The Forex Market More Effectively.
Client Server
JustMarkets Is Committed To Providing Excellent Customer Support, Ensuring That Clients Can Get Help Through Multiple Channels. Clients Can Get In Touch With The Support Team Via Live Chat For Instant Assistance With Any Queries Or Questions. In Addition, JustMarkets Also Offers A Telephone Support Hotline + 357 25 351 514 And Fax Number + 357 25 351 519 To Provide A More Traditional Means Of Communication. For Questions Requiring Detailed Enquiries Or Requiring Exhaustive Documentation Support, Clients Can Contact The Support Team Via Email At [email protected].
In Addition, JustMarkets Maintains A Social Media Presence On Facebook, Allowing Clients To Stay Updated And Interact With The Platform Through Social Channels. The Company's Physical Office Is Located At IDE IOANNOU COURT Office 102, 13 & 15 Grigori Afxentiou Street, Mesa Geitonia District, Limassol, Cyprus, Providing Direct Mail And An Access Address. This Comprehensive Customer Support System Highlights JustMarkets' Commitment To Providing Accessible And Responsive Services To Clients Worldwide.
In Conclusion, For Both Beginners And Experienced Traders, JustMarkets Offers A Wide Range Of Forex Products And Account Types. With STP Execution, Clients Can Trade With Minimal Slippage And Re-quotes. MetaTrader 5, Offered By JustMarkets, Is An Improved Trading Platform With A User-friendly Interface And Better Charting Capabilities. Educational Materials And A Top-notch Client Server Provide Additional Assistance. The Advantages Outweigh The Disadvantages, Which Include Issues Faced By Users And Regional Restrictions. In Short, JustMarkets Is An Excellent Broker To Consider.
Frequently Asked Questions (FAQ)
What Trading Platforms Are Available At JustMarkets?
MetaTrader5 And Its Own Trading Applications.
What Is The Minimum Deposit Requirement At JustMarkets?
100 Dollars.
Is JustMarkets A Regulated Broker?
Yes. JustMarkets Is Regulated By The FSA (Offshore) And CYSEC.
Are There Regional Restrictions On JustMarkets?
Yes. JustMarkets Does Not Provide Services To Residents Of The United States, France, Belgium, And Non-European Union.
