Abstract:JustMarkets, a trading name of Just Global Markets Ltd., is allegedly a forex broker registered in Seychelles that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:3000 and floating spreads from 0 pips on the MT4 and MT5 trading platforms via seven different live account types, as well as 24/7 customer support service.
Risk Warning
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.
General Information & Regulation
Feature | Detail |
Regulation | Offshore regulatory |
Market Instrument | Forex, metals, indices, energies, cryptocurrency pairs and shares |
Account Type | MT5 Standard, MT5 Pro, MT5 Raw Spread, MT4 Standard Cent, MT4 Standard, MT4 Pro and MT4 Raw Spread |
Demo Account | yes |
Maximum Leverage | 1:3000 |
Spread | Vary on the account type |
Commission | Vary on the account type |
Trading Platform | MT4 & MT5 |
Minimum Deposit | $1 |
Deposit & Withdrawal Method | Visa, MasterCard, Skrill, Neteller, Perfect Money, Bank Transfer, mybux and Fasapay |
JustMarkets, a trading name of Just Global Markets Ltd., is allegedly a forex broker registered in Seychelles that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:3000 and floating spreads from 0 pips on the MT4 and MT5 trading platforms via seven different live account types, as well as 24/7 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that JustMarkets currently has an offshore regulation. That is why its regulatory status on WikiFX is listed as “Offshore Regulatory” and receives an average score of 4.48/10. Please be aware of the risk.
Market Instruments
JustMarkets advertises that it offers access to 170+ trading instruments in financial markets, including forex, metals, indices, energies, cryptocurrency pairs and shares.
Account Types
Apart from free demo accounts, JustMarkets claims to offer 3 account types (Standard, Pro and Raw Spread) on the MT5 platform and 4 account types (Standard Cent, Standard, Pro and Raw Spread) on the MT4 platform. The minimum initial deposit to open an MT5 Standard, MT4 Standard Cent, and MT4 Standard account is just $1, while other account types require a higher minimum capital requirement of $100.
Leverage
JustMarkets claims to offer flexible leverage, which varies between 1:1 and 1:3000. 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.
Spreads & Commissions
All spreads with JustMarkets are a floating type and scaled with the accounts offered. The spread starts from 0.3 pips on the MT5 Standard, MT4 Standard Cent and MT4 Standard accounts, from 0.1 pips on the MT5 Pro and MT4 Pro accounts, and 0 pips on the MT5 Raw Spread and MT4 Raw Spread accounts.
As for the commission, there is no commission on the MT5 Standard, MT5 Pro, MT4 Standard Cent, MT4 Standard and MT4 Pro accounts, while 3 units of the base currency per lot/side on the MT5 Raw Spread and MT4 Raw Spread accounts.
Trading Platform Available
The platforms available for trading at JustMarkets are the most notable and preferred trading platforms the market offers - MT4 & MT5 for PC, Android, iPhone and Webtrader, which are highly praised by traders and brokers alike due to their ease of use and great functionality. They offer top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
From the logos shown at the foot of the home page on JustMarkets official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Visa, MasterCard, Skrill, Neteller, Perfect Money, Bank Transfer, mybux and Fasapay. The minimum initial deposit requirement is said to be only $1.
Bonuses
JustMarkets claims to offer a 30% welcome bonus, a 120% deposit bonus and a referral bonus of $50. Everyone should note that bonus is prohibited among regulated brokers.
Customer Support
JustMarkets‘ customer support can be reached by telephone: +371 67 881 045, +44 1418 461237, email: support@justmarkets.com or live chat. You can also follow this broker on social networks such as Telegram, Twitter, Facebook, Instagram, LinkedIn, etc. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• Demo accounts available | • Offshore regulatory |
• Low minimum deposit ($1) | |
• MT4 & MT5 supported |
Frequently Asked Questions (FAQs)
Q 1: | Is JustMarkets regulated? |
A 1: | No. It has been verified that JustMarkets currently has an offshore regulation. |
Q 2: | At JustMarkets, are there any regional restrictions for traders? |
A 2: | Yes. JustMarkets does not offer services to residents and citizens of certain jurisdictions, including Australia, Canada, the EU and EEA, Japan, the United Kingdom, the United States of America, and countries sanctioned by the EU. |
Q 3: | Does JustMarkets offer demo accounts? |
A 3: | Yes. |
Q 4: | Does JustMarkets offer the industry-standard MT4 & MT5? |
A 4: | Yes. JustMarkets offers both MT4 and MT5. |
Q 5: | What is the minimum deposit for JustMarkets? |
A 5: | The minimum initial deposit at JustMarkets is only $1. |
Q 6: | Is JustMarkets a good broker for beginners? |
A 6: | No. JustMarkets is not a good choice for beginners. Though this broker performs very well, dont forget that its regulatory license is offshore regulatory. |
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