JustMarkets Review 2024 A Must Read Before Signing Up

You can choose between different versions of the trading platform as a client, including the basic version of the MT4 and MT5 trading platforms. JustForex also offers a demo trading account and an Islamic swap-free account. Customer support with JustForex is handled 24/7 via phone, email, and live chat for English speakers.

Now I started trading with justmarkets…

As a reputable broker, JustForex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. As part of our JustForex review, we review customer service options, response times and problem resolution effectiveness on the JustForex trading platform. Trading CFD trades on the JustForex platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets. It’s important to note that JustForex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks.

Additional Features

Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. The trading conditions are quite outstanding, and one of the account types features ECN execution. The JustMarkets Review, in my view, is notably cautious and thorough. I realized that JustMarkets offers some characteristics that may interest traders like having many types of trading instruments and prices that may be competitive. For other trading platforms, the inactivity fee depends on the sort of account you have chosen.

justforex Trading Platforms

Justforex has over 148 trading instruments to support all types of traders. These instruments are dynamic and suitable for both the new and experienced traders. All traders can put aside all their worries when trading with justforex. The trader resource section at justforex is quite insightful for new dealers as it allows them to get a closer look at the financial markets. Justforex caters to all types of traders and are a must-have broker for any well-diversified approach to trading.

Since these accounts do not expire, there is no need to worry about time restrictions, and one could even trade from a demo alongside their real account. The broker offers demo versions of every one of their real accounts as well. If you can’t make a decision about which account type to open, we recommend opening demo versions of the accounts you’re considering. This is a great way to test out the market with the different trading costs and leverages that each account type offers. Options are much more diverse when looking at the ECN Zero and Pro account types.

  • JustMarkets offers South African traders a specialized Virtual Private Server (VPS) solution.
  • As a result, it is a good choice for both beginner and experienced traders.
  • Some may be hesitant to start trading with an offshore broker, however, JustMarkets maintains thorough security measures and receives positive customer reviews and comments.
  • The Standard Account is meant for more experienced traders who want to trade in larger volumes.

With the experience of trading with JustForex, I receive my withdrawals within 12 hours when I use my bank card (MasterCard, Visa) as a withdrawal method. By the way, JustForex doesn’t charge any deposit or withdrawal fees. JustForex is not a scam, it is considered as a safe and reliable broker since it is regulated by FSA. JustForex (JustMarkets) is one of good and legit brokers that you can rely on to trade Forex , CFD and also Cryptocurrency.

A professionally lead investment online broker could aid you in minimising any potential losses and maximising any returns. It is important that you understand about any broker until you trust them with your cash. The company has a customer service department that is available 24/7 to help customers with any issues they may have.

Moreover, ensure the justforex broker’s offerings, trading tools, fees, and regulation align with your requirements. Moreover, JustMarkets offers a demo account feature that enables traders to practice https://forexarena.net/ their trading strategies in a risk-free environment without using real money. Justforex provides an education center that offers a variety of resources to help traders learn about forex trading.

MQL5 Signal Trading also supports social investing on both platforms. The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply. However, due to regulations justforex cannot accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America. On the other hand, a spread refers to the difference between the buying and selling cost.

MT5 on JustMarkets allows South African traders access to diverse markets such as equities, commodities, and currency trade. Additionally, incorporating competitive spreads and leverage options sets MT5 apart from other platforms offered by brokers like JustMarkets in South Africa. The broker offers some 3 account types which do not require a minimum deposit at all. Even the accounts which do require real money deposits are very reasonable in this regard. The Standard Cent account is designed for novice traders who want to get started trading with a small deposit and trade micro-lots. Further, the account has no commissions or fees and offers traders access to a wide range of trading tools and features.

Nevertheless, both beginner and experienced traders will find the education tool handy. Justforex also offers a demo account so traders can justforex review practice trading before risking any money. Justforex social trading is a relatively new phenomenon that has taken the Forex world by storm.

JustForex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like JustForex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for JustForex traders. Please be aware that trading in financial assets with JustForex carries a risk of loss. JustForex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools.

You will need to give an identity evidence and evidence of residency to deposit substantial amounts. Justforex’s social trading platform allows traders to share their expertise with others to build a community of investors and traders. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it.

Moreover, traders at JustMarkets have the option to sign for Standard Cent account designed for traders beginners or those prefer low market exposure. Also traders may convert their trading accounts into Islamic or swap-free accounts following approval. Yet, due to multiple entities account conditions and offering vary based on the regulation.