AI Trader+

Is JustMarkets a fair Forex Broker?

Is JustMarkets a fair Forex Broker?

JustMarkets is a Forex Broker offering Forex Trading services via Desktop, Mobile and Web trading platforms. Regarding orders execution model, the broker is a hybrid broker - both a-book and b-book broker (market maker). The broker offers trading of currencies, indices, CFDs, commodities, and other markets. Please visit the website of the broker to check more about their regulation and other important information.

JustMarkets is an international broker with a huge following in Asia, and it was recently rebranded from JustForex to help the company expand.

The brand began its full-fledged operations in 2012. JustMarkets broker has been successfully providing forex trading services in more than 180+ countries worldwide. The company decided to expand its area of ​​activity, focusing on creating a convenient and transparent trading environment not only for the currency but also in other markets: indices, metals, energies, Crypto, stocks, and so on. The company also provides its in-house developed Social trading service, JustMarkets Copytrading, which allows investors to copy the deals of the most profitable traders.

JustMarkets has won the award “Best Broker in Africa” from UF Awards 2023 and “Best Broker in Asia” from The Ultimate Best Brokers and B2B Fintech Awards (2022).

Table for a short introduction:

Just Markets

JustMarkets Regulations

●      Cyprus Securities and Exchange Commission (Cyprus), license number 401/21

●      Seychelles Financial Services Authority (Seychelles), Securities Dealer License № SD088

●      Financial Sector Conduct Authority (FSCA) in South Africa, FSP number 51114

●      Financial Services Commission (Mauritius), License number GB22200881

JustMarkets Spreads, Commissions and Fees.

Fees for Deposit/Withdrawal of funds are not charged by the broker and depend only on the payment system that makes the transfer.

Spreads depend on the account type. The minimum spread on the Standard account is 0.3 pips, and on the Pro account is 0.1 pips. There is also a special  Raw Spread account type with 0 spread for intraday trading and scalping.

Trading Fees

Trading costs of JustMarkets include fees from $1, spreads from 0.01 pips to 0.3 pips, and commission-free trading depending on the selected account type.

Swap Fees. JustMarkets offers minimum swap fees. There is an option for swap-free Islamic accounts using which the client pays a fixed fee instead of a swap.

Non-Trading Fees. The number of non-trading fees is minimal and charged mainly by payment systems for Deposit / Withdrawal of funds and not by a broker.

Fees at JustMarkets are competitive and enable transparent and profitable trading on various types of accounts.

Platforms and Tools

Web & Desktop Trading Platforms

JustMarkets provides convenient and transparent trading conditions on the most popular MetaTrader 4/5 trading platforms. Clients can use a convenient web interface, download and use the desktop version or run a fast mobile application on any mobile device.

JustMarkets Mobile App

The JustMarkets team has developed convenient and easy mobile applications for Android and iOS operating systems to enable customers to stay in touch with markets 24/7,  anywhere.

Tradable Instruments

Here is a continuously expanding list of CFDs available for trading with JustMarkets:

  • 61 Forex pairs
  • 164 Stocks
  • 10 Commodities
  • 13 Indices
  • 14 Crypto

The list of presented trading instruments is constantly expanding by the JustMarkets team.

Copytrading

The professional development team of JustMarkets has created its own Copytrading service in order to enable clients to copy the trades of other successful traders automatically.

All traders are ranked by their performance using the Risk Score service.

The team makes all developments in-house, allowing JustMarkets to respond to customers' needs and desires quickly.

Also, this service is beneficial to experienced traders who wish to provide their trading transactions for copying and receive a good commission in return.

Customer Support

JustMarkets customer support has earned a lot of thanks from users. On the Trustpilot service, the broker has a rating of 4.8 based on more than 1900+ reviews. This testifies to excellent customer service which works smoothly and constantly improving.

Currently, JustMarkets customer support is available in the following languages: English, Malay, Indonesian, Spanish, and Portuguese. Chatbot is accessible in the same languages.

Support can be contacted via phone, email, modern instant messengers, or social networks.

Bonus & Promotions

JustMarkets provides various bonuses and promotions to attract new customers and help beginners.

Every new user of JustMarkets has the opportunity to start their trading activities without investment with a $30 Welcome Bonus, which is available immediately after registration! Through this bonus, anyone can check the conditions provided by the broker in real trading.

The 120% Deposit Bonus is very popular. For any first deposit, the company gives a 120% bonus, which is instantly added to the trading account along with the trader's funds. Previously there was a limit on the maximum amount of deposit. There are no such limits anymore, which allows you to more than double any deposit amount!

Also, JustMarkets are ready to pay their customers for each referred friend. Any user can easily get $50 for a friend who signs up using their referral link and starts trading.

JustMarkets IB Program

For 12 years of activity JustMarkets has managed to build a functional and profitable model of cooperation with its partners. Favorable conditions allow the broker to attract new customers and strengthen partnerships constantly. For IB partners, there are three-level IB and sub-IB programs that allow partners to earn more than $ 2,000 per month by attracting new traders. For each client brough, the partner can earn up to 65% revenue share throughout the entire period of the client's activity! Transparent and up-to-date statistics are always available in the partner's Back Office, where he can track the success of his referrals.

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

Risk Disclaimer: CFDs 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.

Broker quality: 100%

AI Trader+