Updated on May 23, 2023
JustMarkets is an international broker that recently rebranded from JustForex to help the company expand. The brand began its full-fledged operations in 2012 and has a huge following in Asia.
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).
See: Top Legit Forex Investment Companies in Nigeria
Just Markets Overview
| Regulators | FSA | Cysec |
| 1:30 (for retail clients) 1:300 (for professional clients) Max. Lot Size 100 Deposit Fee 0% Withdrawal fee 0% | 4 | 2 |
| Islamic Account | Yes | Yes |
| Demo Account | Yes | Yes |
| Segregated Account | Yes | Yes |
| Min. Deposit | $1 | $100 |
| Products | Currencies, Commodities, Indices, Stocks, Crypto, Metals, Energies | Currencies, Commodities, Indices, Stocks, Metals, Energies |
| Max. Leverage | 1:3000 | 1:30 (for retail clients) 1:300 (for professional clients) |
| Spreads from | 0 | 0 |
| Min. Lot Size | 0.01 | 0.01 |
| Max. Lot Size | 100 | 100 |
| Deposit Fee | 0% | 0% |
| Withdrawal Fee | 0% | 0% |
| Trading platforms | MT4/MT5 | MT5 |
| Copytrading | Yes | No |
| Trading Desk Type | STP | STP |
| Deposit Options | Visa/Mastercard, UnionPay, Skrill, Neteller, Perfect Money, Sticpay, Airtm, Bitcoin, Bitcoin Cash, Ethereum, USD Coin, Tether, BUSD, Binance, Dogecoin, Litecoin, XRP | Visa/Mastercard, Skrill, Neteller, Wire Transfer, PayPal |
| Withdrawal Options | Visa/Mastercard, Skrill, Neteller, Perfect Money, Sticpay, Airtm, Bitcoin, Bitcoin Cash, Ethereum, Tether, USD Coin, BUSD, Binance, Dogecoin, Litecoin, XRP | Visa/Mastercard, Skrill, Neteller, Wire Transfer |
| Supported Languages | English, 한국어, Español, Tiếng Việt, Português, ไทย, Français, العربية ,اردو, Bahasa Indonesia, বাংলা, Bahasa Malaysia, Türkçe, 简体中文, हिन्दी, 繁體中文 | English, Italiano, Español, Português, Polski, Deutsch |
Also See: Forex Trading Sessions in Nigeria (Best Time to Trade Forex in Nigeria)
JustMarkets Pros & Cons
Pros
- JustMarkets offers traders both MetaTrader 4 & MT5 trading platforms
- Traders can get Spreads from 0 pips and Leverage Of Up To 1:3000 (up to 1:30 for retail clients and up to 1:30 for professional clients on justmarkets.eu )
- Over 170 trading instruments
Cons
No US, UK, or Japan Traders are allowed on JustMarkets
JustMarkets Regulations
JustMarkets is regulated by the following entities:
- 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 GB2220088
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.
Checkout: Best Forex Trading Apps in Nigeria
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 the 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 receiving 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. Favourable 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 brought, 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.
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.
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