Justmarkets review

Tradable Instruments

Wide Range Of Tradable Assets

JustMarkets provides an impressive array of tradable instruments, catering to diverse trading preferences. Traders can access a comprehensive selection of currency pairs, including Forex majors such as AUDUSD, EURUSD, GBPUSD, and USDJPY, as well as minors and exotics like EURCAD, GBPNZD, and USDZAR. The platform also offers CFDs on commodities, covering essentials like US Natural Gas, Gold, Silver, and Crude Oil.

For those interested in indices, JustMarkets features CFDs on major global indices such as AU200, DE40, US100, and US500. Additionally, traders can engage with CFDs on shares, encompassing a wide range of US and EU shares. Cryptocurrency enthusiasts will find a selection of CFDs on digital currencies including Bitcoin, Ethereum, Litecoin, and Ripple.

This diverse portfolio ensures that traders have ample opportunities to explore various markets and strategies, making JustMarkets a versatile and comprehensive broker for both novice and seasoned investors.

Trading InstrumentAvailable
COMMODITIESYes
CURRENCIESYes
CRYPTOCURRENCIESYes
ETFNo
FUTURESNo
INDICESYes
STOCKSYes
BONDSNo
OPTIONSNo

Account Types

Versatile Account Options

JustMarkets offers a range of account types designed to meet the diverse needs of traders. The Standard Cent account is ideal for beginners, featuring micro lot sizes of 1,000 units, a minimum deposit of $10, and spreads starting from 0.3 pips, available exclusively on MT4. The Standard account, suitable for more experienced traders, offers standard lot sizes of 100,000 units, a minimum deposit of $10, and spreads starting from 0.3 pips, accessible on both MT4 and MT5.

For professional traders seeking tighter spreads, the Pro account requires a minimum deposit of $100, provides standard lot sizes of 100,000 units, and offers spreads from 0.1 pips on MT4 and MT5. The Raw Spread account is tailored for those who prefer fixed commissions, with a minimum deposit of $100, spreads starting from 0 pips, and fixed commissions per lot. This account type is also available on both MT4 and MT5.

Account TypeAvailable
DEMO ACCOUNTYes
ISLAMIC ACCOUNTYes
SEGREGATED ACCOUNTYes
MANAGED ACCOUNTNo
SUITABLE FOR BEGINNERSYes
SUITABLE FOR PROFESSIONALSYes
US TRADERNo

Commission and Fees

Transparent Fee Structure

JustMarkets maintains a transparent fee structure, ensuring traders are well-informed about potential costs associated with their accounts and transactions. 

Account Minimum

The minimum deposit requirement for opening an account with JustMarkets is $10, making it accessible for traders at all levels.

Trading Fees

Trading fees vary by account type. For the Raw Spread account, there is a fixed commission per lot.

CFD Fees

CFD fees are charged per lot/side and differ based on the trading instrument. For example, indices fees range from $0.05 for AU200 to $5.00 for SG20. Cryptocurrencies have a commission rate of 0.15% per trade for most assets, with Bitcoin and Ethereum at 0.1%.

Forex Fees

Forex trading incurs a commission of $3 per lot/side on the Raw Spread account.

Futures Fees

JustMarkets currently does not provide futures trading and thus has no associated fees.

Account Fee

There are no additional account fees, except those mentioned for trading different assets on a Raw Spread account.

Inactivity Fee

An inactivity fee of $5 is automatically debited from the trading account if there is no activity for 150 days.

Deposit Fee

JustMarkets does not charge any fees for deposits, ensuring a cost-effective process for funding accounts.

Withdrawal Fee

Similarly, no withdrawal fees are charged, allowing traders to access their funds without additional costs.

Overnight Funding Fee

No overnight funding fees are charged by JustMarkets.

Currency Conversion Fee

There are no currency conversion fees, providing further savings for traders.

Guaranteed Stop Order Fee

JustMarkets does not charge any fees for guaranteed stop orders.

Trading Platforms

Advanced and Accessible Platforms

JustMarkets offers a comprehensive suite of trading platforms to cater to various trading styles and preferences, ensuring a seamless trading experience across all devices.

Mobile Trading Apps

JustMarkets provides the JM Mobile Trading App and MT4,5 Mobile Apps for both Android and iOS. These apps offer full trading functionality, allowing traders to manage their accounts and execute trades on the go.

Web Trading Apps

For web-based trading, JustMarkets offers the MT4 and MT5 Webtrader platforms. These platforms provide robust features, including advanced charting tools and a wide range of technical indicators, accessible from any web browser without the need for downloads.

Desktop Trading Apps

Desktop traders can utilize the MT4 and MT5 Desktop terminals, available for both Windows and Mac. These platforms offer extensive capabilities, including automated trading options, advanced analytics, and comprehensive trading tools, ensuring a powerful trading environment.

Trading PlatformAvailable
MT4Yes
MT5Yes
CTRADERNo
PROPRIETARYYes
Desktop and Web PlatformAvailable
DESKTOP WINDOWSYes
DESKTOP MACYes
WEB PLATFORMYes
Mobile PlatformAvailable
ANDROIDYes
iOSYes

Unique Features

Exceptional Trading Benefits

JustMarkets boasts several unique features that set it apart from other brokers. The broker offers tight spreads starting from 0 points, catering to traders seeking cost-effective trading conditions. With a wide variety of trading instruments, from currencies to cryptocurrencies, traders can diversify their portfolios with ease. The flexible leverage range allows traders to adjust their risk exposure according to their strategies and preferences.

Additionally, JustMarkets provides a swap-free program available to all traders, making it an inclusive option for those adhering to Islamic finance principles. The innovative copytrading system enables traders to monetize their trading experience by allowing others to follow and copy their trades. These standout features, combined with fast order execution and a progressive IB partnership program, make JustMarkets a compelling choice for both novice and experienced traders.

JustMarkets has introduced a robust opportunity for aspiring financial partners through its Introducing Broker (IB) Program. This initiative is designed to leverage the dynamic trading environment by rewarding individuals and entities for client referrals. Participants can earn up to $25 per lot based on the trading activity of referred clients. This tiered reward structure ensures that higher client engagement translates to greater earnings.

Research and Education

Comprehensive Learning Resources

JustMarkets is committed to empowering traders through robust research and education tools. The broker offers a variety of educational materials designed to enhance trading knowledge and skills. Traders can access detailed market analyses, trading strategies, and educational articles that cover a wide range of topics. These resources are tailored to suit both beginners and experienced traders, ensuring that everyone can benefit from the wealth of information available.

The educational tools provided by JustMarkets help traders make informed decisions and improve their trading strategies. By offering comprehensive learning resources, JustMarkets ensures that its clients are well-equipped to navigate the complexities of the financial markets and achieve their trading goals.

Customer Support

Dedicated Client Support

JustMarkets excels in providing responsive and comprehensive customer support to its clients. The broker offers multilanguage support, including English, Indonesian, Malaysian, Spanish, and Portuguese. Clients can reach out to support agents through various channels such as live chat, emails, messengers, and phone calls. Additionally, JustMarkets provides a detailed Help Center and chatbot for self-learning and troubleshooting, ensuring that clients have access to immediate assistance around the clock. 

With 24/7 availability, traders can rely on prompt and efficient support to resolve any issues or queries they may encounter, enhancing their overall trading experience with JustMarkets.

Account Opening

Simple and Secure Registration

Opening an account with JustMarkets is a straightforward and secure process.

Registration: Begin by completing the online registration form on the JustMarkets website.

Verification: After registration, verify your email address to proceed.

Document Upload: Next, fill in your personal data and complete a questionnaire. For identity verification, upload a valid identification document. Additionally, provide proof of residence to finalize the verification process.

Once all steps are completed, your trading account will be opened, allowing you to start trading with JustMarkets.

Deposit and Withdrawals

Hassle-Free Transactions

JustMarkets offers a seamless and hassle-free process for deposits and withdrawals.

Deposits: Clients can fund their accounts using various methods, including bank transfers, cards, wallets, local agents, and cryptocurrencies. Processing times for deposits range from instant to up to 30 minutes, ensuring quick access to trading funds.

Withdrawals: Similarly, withdrawals are processed efficiently through bank transfers, cards, wallets, local agents, and cryptocurrencies. The processing time for withdrawals typically ranges from 30 minutes to up to 4 hours, allowing traders to access their funds swiftly.

With no fees for deposits and withdrawals, JustMarkets provides a cost-effective and convenient transaction experience for its clients.

Final Thoughts

JustMarkets stands out as a versatile and reliable broker, offering a wide range of trading instruments, including currencies, commodities, indices, shares, and cryptocurrencies. Regulated by multiple authorities, it ensures a secure trading environment with stringent fraud prevention measures and segregated client funds. The broker’s user-friendly platforms cater to traders of all levels, providing mobile, web, and desktop options. 

Competitive features such as tight spreads, flexible leverage, and a swap-free program, alongside innovative tools like copytrading, make JustMarkets a compelling choice for both novice and experienced traders. While the absence of futures trading may be a drawback for some, the overall offerings and robust customer support make JustMarkets a noteworthy option in the trading landscape.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *