JustMarkets Review 2022

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With ultra-low spreads, copy trading services, MetaTrader tools and 170+ trading instruments, JustMarkets has a lot to offer new clients.

Awards
  • Best Broker In Asia 2022 - UFAwards
Bonus120% deposit bonus, $30 welcome bonus
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies, futures
Demo AccountYes
Min. Deposit$1
Payment Methods
Min. Trade0.01 lots
Regulated ByFSA, CySEC, VFSC
MetaTrader 4Yes
MetaTrader 5Yes
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralNo
AutochartistNo
eSignalNo
STP AccountYes
ECN AccountYes
DMA AccountNo
MAM AccountYes
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS & Android
Margin TradingYes
Volatility IndexNo
Spot TradingNo
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionYes
VPS HostingYes
TournamentsYes
Demo CompetitionsYes
Managed AccountsNo
Market MakerNo
Auto TradingYes (EAs)
Social TradingYes
Copy TradingYes
Trade SignalsYes
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • MYR
  • IDR
Inactivity Fee$5
Guaranteed Stop LossNo
Stock Exchanges
  • Australian Securities Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
Commodities
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
  • Silver
CFD TradingStart investing in the financial markets with flexible contracts for difference with spreads from 0.0 pips.
CFD FTSE Spread1 - 2.5 
CFD GBPUSD Spread0 - 1.0
CFD Oil Spread2.0
CFD Stocks SpreadVariable
CFD Leverage1:3000
Forex TradingLeveraged forex trading available across multiple accounts with spreads from 0.0 pips.
Forex GBPUSD Spread0 - 1.0
Forex EURUSD Spread0 - 1.0
Forex EURGBP Spread1 - 2.5 
Forex Assets65+
Crypto TradingJustMarkets offers popular crypto coins with zero-pip spreads.
Crypto SpreadFloating from zero on the Raw ECN account
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • ADA
  • BCH
  • BTC
  • DOGE
  • DSH
  • EMS
  • EOS
  • ETH
  • KOS
  • LINK
  • LTC
  • MAT
  • NEO
  • SOL
  • XLM
  • XMR
  • XRP
Risk Warning – Your capital is at risk

JustMarkets, previously JustForex, is a retail FX and CFD broker offering trading opportunities on the MT4 and MT5 trading platforms. The online brokerage caters to all trading styles, including hedging and scalping. Our review covers spreads, leverage, account types, and bonuses. Find out whether you should open a real account with JustMarkets.

Company Details

JustMarkets was established in 2012 and is based in Seychelles. The company previously operated under the JustForex brand.

The group functions globally via several entities including Just Global Markets Ltd, JustMarkets Ltd, and JGM International Pty Limited with varying regulatory oversight, which we discuss below. Nonetheless, the mission of the corporation has remained the same; to generate a convenient and transparent trading environment so individuals can reach their full investment potential.

The broker serves millions of clients from 197+ countries, with a new profile opened every eight seconds. It is one of the most popular brokers in Asia. However, Just Global Markets Ltd does not accept traders from the United States, Japan, and the UK.

Trading Platforms

JustMarkets offers the award-winning trading platforms; MetaTrader 4 and MetaTrader 5. The terminals are available for free download to Windows and Max devices or can also be used as webtrader profiles. Our experts confirm both platforms are suitable for beginners, though we would recommend using paper trading profiles first to learn the features and functionality.

MetaTrader 4

Clients can trade with the popular MT4 platform, best known for trading on the forex market. The MT4 dashboard supports advanced charting functionality, 30 technical indicators, 9 timeframes, automated trading and other tools for real-time market analysis. The user-friendly platform is great for novice traders.

JustMarkets also recently launched a new MT4 server called JustMarkets-Live2 to expand its technical capacity.

JustMarkets MetaTrader 4 review
MetaTrader 4

MetaTrader 5

The MT5 platform offers an enhanced trading experience. The platform is better suited to professional traders. The MT5 dashboard supports 38 technical indicators, 44 graphical objects, 21 timeframes, one-click trading, built-in depth of market widgets and an economic calendar. Users can customize and upgrade their dashboard to suit individual needs.

MQL5 Signal Trading also supports social investing on both platforms.

JustMarkets reviews
MetaTrader 5

Note, JustMarkets does not allow third-party add-ons.

How To Place A Trade

When we used JustMarkets, the process is relatively similar to place a trade via both MT4 and MT5:

  1. Register for a JustMarkets live account
  2. Once verified, fund your profile with an initial deposit
  3. Download the MT4 or MT5 platform or open the web terminal
  4. Login with your credentials
  5. Select an asset using the navigation search bar
  6. Select the white page icon/add order button to the right of new asset
  7. Enter your trade parameters including execution mode, trade size, plus stop loss or take profit level
  8. Review your order
  9. Select sell or buy to confirm the trade

JustMarkets Assets

JustMarkets offers 170+ global instruments:

Spreads & Fees

Trading fees vary depending on account type, trading platform and instrument. With the exception of the Raw Spread account, which charges 3 units of the base currency per lot/side, the broker does not charge any commission fees. Spreads apply for all other profiles, though, these are tight and floating.

Spreads on the Standard Cent and Standard accounts start at 0.3 pips, while on the Pro accounts, spreads start at 0.1 pips. Raw Spread account customers enjoy spreads from 0 pips.

Depending on the account type, average live spreads on major forex pairs, such as GBP/USD, were offered at 0.7 pips, while on EUR/USD, we were offered 0.6 pips. Spreads on indices, such as the NASDAQ 100 and Volatility 75 index, were offered at 1.0 point.

When looking at JustMarkets vs other well-known brokers such as Exness, HotForex, XM, OctaFX and FBS, our experts rank the broker’s fees as competitive.

Dormant accounts will be liable to a $5 per month fee after 150 days of inactivity. Swap fees apply for positions held overnight.

Leverage Review

Depending on the account type and your country of residency, JustMarkets offers leverage up to 1:3000. This means you can apply various trading strategies without needing to place large deposits. The broker reduces the risk of potential losses by narrowing leverage size as more funds are deposited.

Details on leverage requirements along with a margin calculator are available on the company website.

Mobile App

The broker does not have a proprietary mobile app. However, the MT4 and MT5 mobile apps connect to the JustMarkets server.

While some traders are most comfortable using the desktop versions, the mobile solution is a great alternative for investors looking to manage trades regardless of location.

When using the mobile apps, traders can manage their accounts, open and close positions, check live global pricing and view charts while on the go. Like the desktop terminal, the mobile app offers the same technical indicators, timeframes and analytical charts.

Download MT4 and MT5 on the App Store (iOS) and Google Play (APK).

Payment Methods

Deposits

Our experts found a good range of international payment methods available to JustMarkets clients:

The minimum deposit requirement varies from $1 to $500 depending on the method. A maximum deposit limit of $10,000 is applicable for the majority of payment methods.

While using JustMarkets, it was good to see all payments are free except for cryptocurrencies, which charge a 1% fixed rate. Third-party fees may also apply.

Withdrawals

Withdrawal options are the same as deposit methods. All transactions are processed within one to two hours on top of the payment provider’s timelines.

There are no fees associated with any withdrawal options.

Minimum withdrawals range from $1 to $500.

JustMarkets Demo Account

JustMarkets offers a demo account, offering up to $5 million in credit. Users can test out strategies in real market situations without risking money. Traders can only open a demo account from the back office homepage.

Once you’ve received your demo account login credentials, you can test the MT4 and MT5 platforms on all account types.

Users are free to open a real live account when they are ready.

Deals & Promotions

JustMarkets is known to offer regular promotions, online trading contests, Christmas rebates and welcome bonuses. For example, traders could win a generous 100% to 200% bonus. Previously, the broker ran a free $30 Xmas welcome bonus with no deposit required. The broker also ran an exclusive promo code for Nigerian clients. Currently, the broker is running a 120% bonus promotion up to $40,000 and a $30 welcome bonus for new customers.

Overall, JustMarkets offers plenty of opportunities to pick up extra trading cash. To participate and claim any bonus, users simply need to sign up on the broker’s Promotions page.

Users should always read the terms and conditions before claiming.

Regulation & Licensing

JustMarkets is a trading name of the group of companies consisting of:

The entity in which you are registered depends on your country of residency. Although good to see some retail trader safeguards, including negative balance protection and segregated client funds, the broker is not controlled by top-tier regulators across all subsidiaries. As an offshore broker, you may receive limited support or consumer protection.

Note, Just Global Markets Ltd. does not offer and does not provide services to residents and citizens of certain jurisdictions, including Australia, Canada, the EU and EEA, Japan, the UK and the USA. Refer to the latest licensing information for accepted countries.

Additional Features

When using JustMarkets, clients can access an adequate catalog of educational materials and content. Whilst the information isn’t particularly user-friendly, it is updated with the latest market analysis, daily forecasts and news to support trading decisions. Additionally, the learning center includes access to regular webinars, a forex glossary and educational videos, all of which are useful for new traders.

Occasionally, the broker hosts live and demo contests. Participants don’t have to deposit any money during demo competitions but still gain useful trading experience while having the chance to win prizes.

Live forex contests offer a wider range of prizes but require participants to deposit personal capital.

Copy Trading

Recently introduced, JustMarkets clients can now access a copy trading service. Copy trading can be an effective way to diversify a portfolio, without needing extensive market knowledge. Commissions are set by individual traders. Remember, profits are not guaranteed and past successes are not necessarily a true indication of future results.

Use our simple, step-by-step guide to get started:

Account Types

New users have a choice between Standard Cent, Standard, Pro and Raw Spread account options:

A swap-free account is also available for Islamic traders. Users can open accounts in USD, GBP, EUR, IDR, CNY MYR, KWD, ZAR and more.

When opening a JustMarkets live account, ID verification is required and users must pass Know Your Customer (KYC) checks. Once registration is complete, you can login to the back office via the homepage.

Take note of the MetaQuotes user agreement before opening a live account. Terms and conditions can be found on the broker’s website.

Benefits

Drawbacks

Trading Hours

Each market is subject to specific trading hours. Forex, indices, stocks and commodities are open 24/5 on Mondays to Fridays. Instrument specific trading hours are available via the JustMarkets website.

Just Markets Customer Support

Contact details for the customer support team:

Customer support is offered in English, Indonesian, Malaysian and Chinese 24 hours a day, 7 days a week. The multi-lingual support team can deal with most account and technical queries, for example, if you forgot your password or come across ‘trade is disabled’ errors. JustMarkets also provides a comprehensive FAQ page.

The broker’s headquarters can be found at Just Global Markets Ltd, Office 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles.

Security & Safety

Our experts are confident that the security processes at JustMarkets are legit. All data is transmitted using an SSL secure connection and internal procedures of the company are compliant with the PCI DSS security standard. Additionally, JustMarkets hosts a multilevel system of servers with data backup.

The MetaTrader brand also complies with a high standard of data privacy and client protection. All accounts can be secured with two-factor authentication (2FA) and one-time-passwords (OTPs) for additional peace of mind.

JustMarkets Verdict

JustMarkets is a suitable broker for both beginner and experienced investors. It offers a decent portfolio of trading instruments and competitive spreads from zero pips. The broker also offers the leading MT4 and MT5 platforms across several account tiers. Some may be hesitant to start trading with an offshore broker, however, JustMarkets maintains thorough security measures and receives positive customer reviews and comments.

Accepted Countries

JustMarkets accepts traders from Australia, Thailand, Canada, South Africa, Singapore, Hong Kong, India, Norway, United Arab Emirates, Saudi Arabia, Kuwait, Qatar and most other countries.

Traders can not use JustMarkets from United States, United Kingdom, Japan, Russian Federation, Belarus, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.

Compare JustMarkets

Compare JustMarkets with similar brokers that accept traders from your location. Among available brokers these are the most similar to JustMarkets:

  1. World Forex – World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
  2. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  3. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
  4. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.

JustMarkets Comparison Table

Compare JustMarkets With Similar Brokers
JustMarkets World Forex InstaForex Forex.com AAAFx
Rating 4.1 4.5 3.9
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $1 $1 $/€1 $100 $10
Minimum Trade 0.01 lots 0.01 Lots 0.01 Lots $1 0.01 lots
Regulators FSA, CySEC, VFSC SVGFSA BVI FSC CySEC, IIROC, NFA, CFTC, FCA, CIMA HCMC (Greece), FSCA (South Africa)
Bonus 120% deposit bonus, $30 welcome bonus 100% Deposit Bonus 30% – 100% Welcome Bonus No 100% Deposit Bonus available for Global clients
Education No No No Yes No
Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4 MT4, MT5
Leverage 1:3000 1:1000 1:1000 1:200 1:30 EU, 1:500 Global
Payment Methods 11 10 11 8 9
Detailed Comparison JustMarkets vs World Forex JustMarkets vs InstaForex JustMarkets vs Forex.com JustMarkets vs AAAFx
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Review JustMarkets
Review
World Forex
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InstaForex
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Forex.com
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AAAFx
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Compare Trading Instruments

Compare JustMarkets Trading Instruments
JustMarkets World Forex InstaForex Forex.com AAAFx
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil Yes Yes Yes Yes No
Gold Yes Yes Yes Yes Yes
Copper No No No No No
Silver Yes Yes Yes Yes No
Corn No No No No No
Crypto Yes Yes Yes Yes Yes
Futures Yes No Yes Yes No
Options No No No Yes No
ETFs No No Yes No No
Bonds No No No No No
Warrants No No No No No
Spreadbetting No No No No No
Volatility Index No No No No No

JustMarkets vs Other Brokers

Compare JustMarkets with any other broker by selecting the other broker below.

JustMarkets vs

The most popular JustMarkets comparisons:

  1. JustForex vs Exness
  2. JustForex vs HotForex
  3. XM vs JustForex
  4. OctaFX vs JustForex
  5. JustForex vs FBS

FAQ

Is JustMarkets A Regulated Broker?

Yes, JustMarkets is a regulated broker though consumer protection and accountability varies between global entities. Nonetheless, clients can be assured of negative balance protection and segregated client funds.

Does JustMarkets Offer A Demo Account?

Yes – JustMarkets offers a demo account with up to $5 million in virtual credit. To open an account, users must enter basic details such as an email address.

How Much Capital Do I Need To Trade With JustMarkets?

JustMarkets requires a minimum deposit of $1 on Standard Cent and Standard accounts and $100 on Pro and Raw Spread accounts. This makes the brokerage a good option for beginners.

Is JustMarkets A Good Broker?

The broker receives excellent comments from customers. It offers a good range of trading instruments with competitive spreads. JustMarkets also has strong security processes in place to protect clients.

Is JustMarkets A Trustworthy Broker?

JustMarkets it follows tight security protocols and offers negative balance protection. Thus, our experts are confident that JustMarkets is not a scam.

With ultra-low spreads, copy trading services, MetaTrader tools and 170+ trading instruments, JustMarkets has a lot to offer new clients.

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