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Score
Cyprus
5-10 yearsRegulated in Cyprus
Market Making(MM)
Suspicious Overrun
High potential risk
Influence
Add brokers
Comparison
Quantity 24
Exposure
Score
Regulatory Index6.24
Business Index7.83
Risk Management Index0.00
Software Index8.60
License Index6.24
Single Core
1G
40G
Danger
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Company Name
Just2trade Online Ltd
Company Abbreviation
Just2Trade
Platform registered country and region
Cyprus
Company website
Company summary
Pyramid scheme complaint
Expose
Stay away from it.
Unable to withdraw. They stole my money, which annoyed me so much.
Unable to withdraw. They did not reply for several months. They answered that I deserved it.
It was the most terrible fraud platform I had ever met. It tricked me into depositing and defrauding my principal. Then it deducted my bonus. People who do foreign exchange must stay away from just2trade.
It deducted $370 from my account.
I suffered losses of thousands of dollars and it even took $370 from my balance.
It deducted $370 from my principal. Severe slippage. My commission decreased $1500. The customer service ignore my problem.
This platform deceive me to deposit and does not allow to withdraw. The customer service manager blocked me on Wechat and said that they just scam me and will not withdraw a penny for me. It is useless to expose.
Stay away from it. I was cheated by it and lost $1500.
It persuaded you to deposit and took your assets away. Please stay away from it.
Cannot withdraw after deceiving me to deposit. After I make a research on the internet, everyone is exposing this fraud platform. Suggest everyone stays away from fraud platform.
The short order for U.S. crude oil at 10.03 should be priced at 64.664, and the highest price is only 64.66, so let me slip the transaction at 64.71. The same is true for the stop loss. At that time, there was no quotation at this price, and the direct loss was more than 1,000 US dollars. It was originally a profit-making order, but I changed it to a loss. I asked customer service for an explanation and said that it was all handled by foreigners. They refused to pay. Slippage is normal. Bullying people, my monthly salary of several thousand yuan was cheated into depositing and investing in foreign exchange, and now I tell myself that making money is a slippage that leads to losses, is there any reason!! ! I saved the screenshots at the time as evidence! ! ! A fraud platform that takes everything from customer
It scammed me of hundreds of dollars. Stay away from it.
Unable to withdraw. It got my principal away after I deposited. Stay away from just2trade.
Beware and stay away from this platform. It was likely to run away. Please withdraw at once to avoid losses. The customer service was of bad attitude. They rejected all withdrawal.
My two usd/try orders on the mt5 platform on 2022/6/9 were liquidated. First of all, I opened a hedging order, and there should be no losses on both sides of the liquidation. Second, regarding the quotation at that time, it is obviously a wrong quotation or deliberate slippage. I see that other brokers did not have such a big price difference at that time. Needless to say, the quotation of just2trade itself on mt4 at that time was the same as that of my trading account. The price difference is very far. Under normal circumstances, the two should be the same and within a few points at most, but the difference between the lowest price at that time was more than 4,000 points, and the price that I was liquidated did not appear on mt4. It was obviously me. The account has been deliberately slipped or the quotation is wrong. Therefore, my position should not be liquidated, I should be compensated accordingly, please help me to report the problem.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Just2Trade Review Summary in 10 Points | |
Founded | 2007 |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | stocks, futures, forex, bonds, and CFDs |
Demo Account | Available |
Leverage | 1:500 |
EUR/USD Spread | From 0.5 pips |
Trading Platforms | MT4/5 |
Minimum deposit | $100 |
Customer Support | 24/7 phone, email |
Just2Trade, a trading name of Just2Trade Online Ltd, is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC, No.281/15) issued on 25/09/2015. Just2Trade was founded in 2007 and has offices in the United States, Europe, Seychelles, Russia, China, Mexico, and India. Just2Trade gives traders access to trade a range of trading instruments including stocks, futures, forex, bonds, and CFDs through MT4/5 trading platforms.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Just2Trade offers several advantages, including being regulated by the Cyprus Securities and Exchange Commission (CYSEC) and providing a wide range of financial instruments for trading. They offer multiple account types with affordable minimum deposit requirements and access to popular trading platforms like MT4 and MT5. Additionally, Just2Trade provides competitive spreads and leverage options.
However, there are some concerns to be aware of. There have been reports of withdrawal issues and scams associated with the company, which raises questions about the reliability of their services.
Pros | Cons |
• CYSEC-regulated | • Licenses of CBR and NFA are suspicious clones |
• Wide range of trading assets | • Regional restrictions |
• Multiple trading account options with affordable minimum deposit requirements | • Reports of withdrawal issues and scams |
• Demo accounts available | |
• Offers competitive spreads and leverage options | |
• MT4 and MT5 supported |
There are many alternative brokers to Just2Trade depending on the specific needs and preferences of the trader. Some popular options include:
Darwinex - offers a unique social trading experience with innovative risk management tools, making it a recommended choice for traders seeking a community-driven trading platform.
LegacyFX - provides a comprehensive range of trading instruments, educational resources, and competitive trading conditions, making it a recommended option for traders looking for a diverse trading environment.
TrioMarkets - offers a wide range of trading instruments, advanced trading technologies, and excellent customer support, making it a recommended choice for traders looking for a reliable and feature-rich brokerage.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Just2Trade being regulated by the Cyprus Securities and Exchange Commission (CYSEC, License No. 281/15) is a positive indication of its commitment to comply with regulatory standards. Regulatory oversight helps ensure that brokers operate in a transparent and accountable manner, providing a certain level of investor protection.
However, it's important to note that regulatory oversight alone does not guarantee the complete safety of a broker. Traders should conduct thorough research, assess user feedback, and consider other factors such as the broker's reputation, customer support, and trading conditions before making a decision.
Just2Trade provides a wide range of market instruments to cater to the diverse trading needs of its clients. Traders have access to various asset classes, including stocks, futures, forex, bonds, and CFDs (Contracts for Difference). The availability of these instruments allows traders to diversify their portfolios and take advantage of different market opportunities.
Three types of live accounts are listed at Just2Trade. The Standard account requires a minimum deposit of $100, making it accessible to traders with varying budget sizes. The ECN account, with a minimum deposit of $200, is designed for those seeking tighter spreads and faster execution through the Electronic Communication Network (ECN) technology. Additionally, Just2Trade provides the MT5 Global account, requiring a minimum deposit of $100, which allows traders to access the popular MetaTrader5 platform with its advanced features and functionalities. These account options offer traders the flexibility to choose an account type that aligns with their trading preferences and requirements.
Furthermore, Just2Trade also provides demo accounts, allowing traders to practice and familiarize themselves with the trading platform and strategies without risking real money. The availability of multiple account types, including affordable minimum deposits and demo accounts, demonstrates Just2Trade's commitment to meeting the diverse needs of traders.
Opening an account with Just2Trade is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the Just2Trade account team, you can then fund your account and commence trading.
Just2Trade offers varying leverage levels depending on the trading instrument. For forex trading, the maximum leverage provided is 1:500, allowing traders to amplify their trading positions. Cryptocurrencies have a leverage of 1:5, providing some leverage but with a more conservative approach due to the volatility of the crypto market. Precious metals, such as gold and silver, have leverage ranging from 1:10 to 1:200, giving traders flexibility in their trading strategies.
Bonds have a leverage of 1:3, offering a more controlled trading environment. For stocks, Just2Trade offers day trading leverage of 1:20, allowing traders to take advantage of short-term market opportunities. Night trading leverage for stocks is set at 1:5, reflecting the reduced liquidity during non-trading hours. Finally, CFDs have a maximum leverage of 1:10, providing traders with exposure to a diverse range of financial instruments.
The leverage options offered by Just2Trade enable traders to tailor their trading approach based on their risk tolerance and trading preferences across different asset classes. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Just2Trade offers competitive spreads and commissions across different account types and trading instruments. For Standard accounts, the minimum spread starts from 0.5 pips for forex trading, providing traders with tight spreads for major currency pairs, and there are no commissions charged. However, when trading cryptocurrencies, a one-time fee of 0.35% + 0.35% is applied for opening and closing positions. Additionally, for metals trading, triple swap rates are applied on Wednesday nights, and there are specific bilateral fees for opening positions in XAGUSD.100 and XAGUSD.5000.
On the other hand, the MT5 Global account offers even tighter spreads, starting from 0 pips for forex trading. However, a commission of $4 is charged for each lot traded on this account type, ensuring transparency in trading costs. For cryptocurrency trading on the MT5 Global account, a commission of 0.35% of the trade volume (minimum $0.01) is applied. For metals trading, a fixed commission of $2 per lot is charged.
When it comes to trading stocks, Just2Trade charges a commission of $0.006 per share (minimum $1.50 per trade), providing a cost-efficient option for stock traders. Futures trading carries a commission of $1.50 per contract ($1 for tiny contracts), while bonds trading incurs a commission of 0.128% of the trading volume (minimum $10/€10/750 rubles). For CFD trading, a commission of 0.03% per lot is applied.
Overall, Just2Trade offers a transparent fee structure, with competitive spreads for forex trading and reasonable commissions for other trading instruments. Traders can choose the account type that aligns with their trading needs and enjoy cost-effective trading conditions.
Just2Trade provides traders with a selection of popular trading platforms to suit their preferences and trading styles. The widely used MetaTrader4 (MT4) and MetaTrader5 (MT5) platforms are available, offering advanced charting tools, a wide range of technical indicators, and automated trading capabilities through expert advisors. Traders can enjoy a user-friendly interface and robust functionality to execute trades seamlessly.
Additionally, Just2Trade offers CQG, a professional trading platform known for its powerful order routing and advanced charting features. CQG caters to more advanced traders who require sophisticated trading tools and access to real-time market data.
Lastly, Sterling Trader Pro is another platform option provided by Just2Trade, offering direct market access (DMA) and customizable trading workflows. With these platform choices, Just2Trade ensures that traders have access to a variety of trading tools and features to enhance their trading experience and meet their individual needs.
Overall, Just2Trades trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
Broker | Trading Platform | |
Just2Trade | MT4, MT5, CQG, Sterling Trader Pro | |
Darwinex | MT4, MT5, DARWIN API | |
LegacyFX | MT5 | |
TrioMarkets | MT4, MT5, WebTrader |
Just2Trade offers a variety of convenient and secure payment methods for both deposits and withdrawals. While specific details may not be available on their website, they do provide icons of popular payment options such as Visa Secure, MasterCard, and UnionPay. These methods suggest that traders can fund their accounts using major credit cards and potentially through UnionPay, a popular payment service in certain regions.
The availability of these payment options indicates that Just2Trade strives to offer flexibility and convenience to their clients when it comes to depositing and withdrawing funds from their trading accounts. It is recommended for traders to contact Just2Trade directly or consult their customer support for more detailed information on specific payment methods and processes.
Just2Trade | Most other | |
Minimum Deposit | $100 | $100 |
Just2Trade places importance on providing reliable and accessible customer support to its clients. Traders can reach out to their customer service team 24/7 for assistance and guidance. Whether it's through the telephone helpline at +357 25 030 442 or via email at 24_support@just2trade.online, clients have multiple channels to connect with the support team. The company address at 10 Chrysanthou Mylona, MAGNUM HOUSE 3030 Limassol, Cyprus is openly disclosed, which adds transparency and accessibility to their operations.
Pros | Cons |
• 24/7 phone and email support | • No live chat support |
• No social media support |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Just2Trade's customer service.
On our website, you can see that some reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
In conclusion, Just2Trade is a regulated brokerage firm offering a range of financial instruments and access to popular trading platforms. They have competitive spreads and leverage options. However, there have been reports of withdrawal issues and scams associated with the company, raising concerns about their reliability. Traders should exercise caution and thoroughly research before engaging with Just2Trade or any other brokerage.
Q 1: | Is Just2Trade regulated? |
A 1: | Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC, License No. 281/15). |
Q 2: | At Just2Trade, are there any regional restrictions for traders? |
A 2: | Yes. Just2Trade does not offer services to the United States or any other jurisdiction where such products or services are not permitted. Some Just2Trade broker features and products mentioned within this Just2Trade review may not be available to traders from specific countries due to legal restrictions. |
Q 3: | Does Just2Trade offer demo accounts? |
A 3: | Yes. |
Q 4: | Does Just2Trade offer the industry leading MT4 & MT5? |
A 4: | Yes. It offers MT4/5, CQG, and Sterling Trader Pro. |
Q 5: | What is the minimum deposit for Just2Trade? |
A 5: | The minimum initial deposit to open an account is $100. |
Q 6: | Is Just2Trade a good broker for beginners? |
A 6: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
Just2Trade was awarded Best Mobile Trading Platform 2024
Just2Trade Awarded Best Multi-Asset Broker 2024
The Just2Trade brand was honored to receive in May 2023 the renowned Forextop award, which ranked the company as one of the 10 Top FX brokers worldwide.
Delta is a fintech startup. Theta has opened the first decentralized and governed peer-to-peer options exchange in history. The platform is able to ensure KYC/AML procedures through a partnership with regulated broker Just2trade, after which it has access to the P2P cryptocurrency trading platform offered by Delta. Theta.
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